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It is a "learning experience" no more - no less - and something that there should be much more of on I Hub. You know the history of HLNT/SPOI and I look forward to your comment. tia
Agreed. Not a good thing and I fail to see the humor in a STOP.
What's so funny about a STOP Symbol? It says a lot.
Agreed.
Why? Aiding and Abetting?
The Amendment increasing the AS to 10 Billion was filed August 15 2016, date of adoption August 10 and signed by Coats who then within a week paid off his roughly $95,000 PERSONAL IRS Tax Lien. (That is in the WA County AR court records but I cannot find it right now.)
The Annual Report was filed Sep 23 2016 signed by Tom Smith but still showed Coats as President.
The name change to SPO Networks was filed Dec 12 2016 signed by William Cunetta who had somehow magically become CEO/President?
Finally, the Change of Officers/Directors was filed April 27 2017.
Apparently, the State of Idaho doesn't care who signs off on this stuff and when? Under what authority did Tom Smith and William Cunetta sign off on Amendments when they did?
Finally, and most important as MWT has been posting all along, is the TEN BILLION AS. There is no way for what basically is a start up company to succeed with a 10 BILLION AS. Also appears that a clerk in the Idaho SOS office didn't know how to write 10,000,000,000 and now that line is blank.
It is my opinion that HLNT always smelled bad but SPOI really stinks.
Seriously. I doubt that George Alvarez would have put himself in legal jeopardy by making statements on the phone or in e-mails. Those who have really followed CHTL/VELA know that they filed on time and even if the filings were misleading, that is how CHTL/VELA covered their butts.
I have always posted that investors should read the SEC Filings. Traders not so much.
TOBIN SMITH and his NBT Research should have been investigated by the SEC/FBI for fraud. Tobin Smith even claimed to be a CHTL insider and his followers posted flat out lies, mainly on social media and/or stock websites that allow anything and everything to be posted. Fraud. Explains why they hate me and a few others who posted the truth. And even worse than that? I profited from this POS twice! LMFAO
Competing with Red Bull is not easy.
This one was a little different because the perps were known perps, one an ex-con in fact. They got what they could out of it and departed. Kudos to those of you who posted the truth.
LOL Here's his chance. Still find it amazing what some will post.
Yep dcsteve - looks like the large orders and stock buyback ain't gonna happen. Ditto for the audits. Gary Tilden has left the building.
Interesting for sure. Thanks. I have no idea what Tom Smith is up to.
Waiting for the SPOI/Idaho annual report to get filed and what names come up this time. May not file at all.
CASE CLOSED. Kendra Smith vs SPO Networks Inc 72CV-17-887-1
As expected - Kendra Smith won. Awarded $5,575,000 and $16,000 for attorney fees.
IHub usually offers it from 5pm EST (1700) on Fridays. Watch the top of the IHub screen for the message. Allows a free poster to send PMs for one hour.
A private message to whom? If on IHub wait for a Happy Hour and then send your message with the link.
How about the SEC MANDATED AUDITS? They on the way too? LOL
Of course it's better to know the SS so I cannot disagree. However, I'd rather the response from AST that I received vs "we are not allowed to release information" or something similar meaning the company has gagged the TA.
The KGKG TA is not gagged. It is the policy of Action Stock Transfer Corporation NOT to release the information of any stock that they handle.
Typical - even of companies that actually do have a marketable and potential revenue producing product.
Only true IF verifiable. Reference the PRs that were issued in June.
MooseMan Was the misspelling of Cunetta's name intentional? lol
So, your take as I understand it, is that this will all come together for Tom Smith and all others will get screwed? The attorney change simply being a part of it.
Not that it matters much but as of Sep 15 SPO Networks is no longer represented by Herbert Southern and is now represented by Attorney Brian Hogue.
Next court date Sep 29 but do not expect much to happen. jmo
Normal operations out of Port Everglades. E-mail from Princess that they will not cancel any cruises and most Caribbean Ports will operate.
Of course he did as he knows the history of the people behind this.
I also do but not as much as he. I will go on record as stating that the
SEC mandated audits WILL NOT GET DONE.
As for the order PRs? Figments of someone's imagination and part of the scam.
The people running this circus was the tip off that it could only end one way and it did. That is what they do.
Obviously you know next to nothing about the cruise business and even less about Carnival. Major hurricane hardly put a dent in the pps. If it does get back to $55 then load up so what's your point?
I would like to see the SEC go after Tobin Smith and his NBT Research
for their direct involvement with CHTL/VELA.
Very interesting. Thank you. This will have no direct effect on Velatel.
As I have posted many times - to the utter dismay of one x-poster in particular - this not unexpected outcome will not effect VELA as they were not a litigant. I suppose that this now could give Velatel grounds to file their own action against Ironridge/Global but imo that would be a very lengthy and costly lawsuit with no certain outcome. Not likely.
Referring to 1. "realizing proceeds of approximately $56 million and net profits of approximately $22 million." I'd say that Ironridge didn't do too badly with this after all. Even with the $4,400,000 fine and a slap on the wrist from the SEC.
Lastly, typical of hedge fund financing. Companies enter these lop sided agreements because they are ignorant, desparate, or complicit and/or
a combination thereof. Creates liquidity in the stock.
The fact is that Simlatus has gone dark.
Ingen is a growing business managed by very reputable folks who always have the best interests of their investors in mind. Therefore, load up.
[LMAO]
Weather related problems - which will pass - may present a buying op.
IF - in fact - orders actually existed.
Still strong. I will be booking my annual Xmas cruise on Princess soon.
I do not know. Will have to see how it plays out.
Seriously? There is no company to contact.
That is right. If anyone knows how to contact George it would be Dawgface who claimed to have a direct connection and proof, no less!
That is why there is never an answer to the question: How can you short a
.0001 stock? SIML included.
George Alvarez, Family and Friends milked the cow dry.
It means absolutely nothing.
Thank you Moose