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Civicbird What is it with you and the 10K? SEC MANDATED AUDITS of previous filings would have to be filed prior to a current 10K. FACT IMO - will not happen therefore a CURRENT 10K WILL NOT BE FILED.
MooseMan What is your take on this latest turn of events?
OK - explains the why part.
imin Not lame. According to court records SPO Networks Inc is represented
solely by Herbert Southern, The Southern Law Firm, Fayetteville.
Furthermore, William Cunetta filed a signed statement (June 12) that
SPO Networks Inc OWNS [caps mine] USA Metal Recycling. Refer to my previous post regarding Tom Smith.
Lastly: Apparently someone filed and/or appeared in court to continue this case to Sep 29. Would be better if it was known who filed and why.
I assume that it was Herbert Southern on behalf of SPO. jmo
Tom Smith's Colorado E3 LLC is also involved in this "scheme" (for lack of a better word). Arkansas status is current, filed June 26 2017.
I assume that USA Metal Recycling is also a ongoing business? Can't find anything current with that however.
Could simply be an effort from Tom Smith to save USA Metal Recycling before it's gone? (as in gone in court) Kendra Smith presents a strong case.
Hate to burst your bubble rich but there is nothing to update nor will there be imo. Velatel is OUT OF BUSINESS.
I can tell you one FACT. A 10K will not magically appear and make everything right with SIML.
Civicbird Simlatus cannot file a current 10K until the SEC mandated audit of previous filings is completed and the audited filings are then filed.
There have been many posts regarding this.
My opinion is that the audits will not happen. There are good reasons for this opinion including but not limited to the cost of same.
The mandated audits is not opinion but fact.
Agreed on the audits. Will not happen. Would have been done by now.
Just checked - nothing posted yet.
Don't count on it and the AS is a whopping 20 BILLION.
Your post - your words.
Lastly, those who seem to think that Simlatus is somehow a real company, should ask Stillwaugh to explain his PRs.
The question should be "IF" and not "WHEN" imo. There are very good reasons for that opinion. The cost and Gary Tilden are two good reasons right off.
There is absolutely no evidence that Simlatus is producing revenue and it is a fact that the filings in question were signed by Gary Tilden, probably with Scott Sand at his side.
That is not what you posted a few weeks ago.
The Attorney representing Kendra Smith and Herbert Southern representing SPO Networks. Check the website that I posted.
SPO Networks is due to be in court tomorrow. May be interesting.
Up that to $60,000!
I am planning to buy $6000 worth just as soon as the Skull & Crossbones are removed and George files again! Yup! Yup!
And......this audit thing is not something new as it's been over SEVEN MONTHS already. The SEC will not simply go away and allow Simlatus to
skip merrily along. Hence, there will be no current 10K filed.
Colt6920 You are not paying attention. There WILL NOT be a current 10K
until past filed 10Ks are audited and that is not likely to happen imo.
Gary Tilden signed the questionable 10Ks, tried to use unqualified auditors
(more than once) and then resigned. That in itself says a lot especially given the history of Mr Tilden.
Reality bites.
LMAO Have you read the SIML PRs? Nothing has happened.
Will not happen. JMO
Simlatus never said that a "[stock] buyback was in place."
Discussing and planning are not the same. PRspeak along with most else that was said.
Maybe - a group will pick this for a Pump & Dump campaign. Maybe not.
If that happens take advantage of it and get out is my advice. Dead company - dead money.
Good - then I hope that you sold the POS.
https://www.co.washington.ar.us/government/departments-a-e/circuit-courts
Hit search. SPO Networks Inc Case: 72CV-17-887 should come up and you can read all about it.
WA County recently changed their system and the info regarding the liens etc I cannot find right now nor can I find my notes but am looking as I have that info somewhere.
Short answer is no. I think that Coats is gone and received enough money to pay off his personal roughly $95,000 IRS Tax Lien. Liens and judgments against HTI remain in place totaling at least $300,000.
Herbert Southern's judgment is one of the above. He now represents SPOI in their legal problems. I don't get that unless he had some sort of personal vendetta against Chad Coats. Could be.
Lastly, MWT laid it out very well, what this SPOI was all about with their 10 Billion AS. However, that appears to have got off to a very bad start
and may not get very far.
That's why I still follow and post what I find and probably will to the bitter end.
Civicbird I do not think that SIML will execute a stock buy back nor had any intention to do one. Having said that, I don't think they could even if they really wanted to. Are you aware that their SEC filings face
SEC mandated audits? I don't think that will happen either or it would have been done by now.
Another good post. I don't like this new trend of pumping penny stocks using social media as there is absolutely no accountability attached.
At least PRs have some - albeit not much - and SEC filings have a lot but rarely are the filings referred to of course.
RWFZS Not posting because of any product - real or imagined - nor would I buy SPOI. However - ain't over 'til it's over and it ain't over yet.
Do not forget that PRs are covered by "Safe Harbor for Forward Looking Statements" and perps like Tilden/Sand take full advantage of that fact.
e.g. Scott Sand went to prison not because of bogus PRs but because of an FBI sting.
Good post Jack but there is a thing called "trading" vs "investing", but I do not expect that to manifest itself again with SIML.
IGNT is a POS JUNK SCAM that should not trade for any reason. JMO
Nistel The word is "complicit". Stillwaugh was complicit. He signed off on the Simlatus PRs.
Appears ECMH is back to sleep zzzzzzzzzz!
E3 LLC and USA Metal Recycling LLC are waste management and recycling companies. SPO will probably lose both. Sorry - but it is what it is.
I thought that Cunetta was sharper than this but so far his SPO Networks has been an abject failure.
Although promised, instead of a stock buy-back, Simlatus now plans to build a manufacturing facility in China - soon!