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Nope. Last Fall that looked to be their plan but it hasn't got going.
Major lawsuit, Skull & Crossbones, regulatory issues, 10 Billion AS,
etc all adds up to SPOI being a disaster. jmo
I think that the little Pump & Dump has ended. ECMH is simply a shell.
Strange company, strange stock & very strange trade.
Probably mine and I thank you!
Huh? This is Cybersux. Nothing has changed.
I reckon 2,000,000,000 or so available at .0001. Then what?
Case in point: SIML June 14 PR states: ",and the Company [Simlatus] has a
a large pending order in Asia which will be announced in the next two weeks."
It is now July 9 and I don't see any announcement about this "pending" order.
SAFE HARBOR. The only FACT is that something is presented or stated in a PR(Press Release) What is actually presented in the PR is subject to change,
may not happen at all, or perhaps be totally made up.
The people who ran Ingen and now Simlatus take full advantage of that FACT.
Then present it as such - PR - not as fact. tia
Totally false and baseless information. SIML may not survive the audits and is headed for the dreaded Skull & Crossbones symbol. Watch for it.
Although I agree with MWT's assessment of this I will say that I thought William Cunetta was smarter. Even his friends and biggest supporter have apparently bailed out.
I don't know. Can only report the facts including the Skull & Crossbones symbol, ongoing litigation, and Idaho.
SIML opened the week @ .0001 and closed the week @ .0001 with an ever increasing OS. I guess the whales got beached?
Not to worry. A stock buy back has been PROMISED along with a DIVIDEND for shareholders! LAUGHABLE even as PRs go.
Herbert Southern filed a response for SPO June 12. Standard legalese so doesn't offer or say much.
MWT's synopses of the ongoing situation have been spot on and there is no reason to believe anything else will happen. Furthermore, SPO's takeover of USA Recycling ain't looking good either!
ps I had to look up the plural form of synopsis.
NATTER There is absolutely nothing at the present time that suggests VELA is actually still in business - any business including P&D. Sorry - it is what it is. I suggest that you carefully read Alvarez's last VELA SEC Filing. Except for CMMobile which obviously was dying anyway, there was nothing else. In fact, according to SEC Filings it was never made entirely clear if Velatel had control of CMM? No matter now anyway.
IF someone comes along as happened last Fall and does a Pump & Dump my advice is to take advantage of that and dump any shares that you might have. VELA is now an empty shell.
SIML continues under a cloud until and IF the audits are done and discrepancies are corrected. It is almost a given that SIML is being watched by the SEC.
SIML is so bad that even Tilden and Sand have left the building. That in itself speaks volumes.
There has already been billions in volume and? What ya gonna do when the shares run out? (sung to the tune of Bad Boys).
All this alleged buying and still .0001. lol
My opinion - since you asked - Aug 1 - IF SIML is still in business -
pps .0001 OS 7 Billion. IF they survive and manage to bring filings up to date, which is doubtful, there will be another RS soon after.
I actually find the glaring omissions funny. What me worry? Just keep on truckin' Scot.
Stuck @ .0001 Reality bites.
Hedge funds/toxic lenders rely on ignorance, desperation and/or COMPLICITY.
SIML is no exception.
The filing of the 8K and the 13G suggest that someone is worried about the SEC scrutiny of SIML. That would not surprise me. Among other things, the
PRs are over the top, Safe Harbor or not. jmo
13g filed in a timely manner in order to keep everything legal. A stock buy back it ain't!!!!!!!!! although "promised". That's good for a lol but there is really nothing funny about it.
Once again, there is NO PROMISE of a stock buyback. It is in a PR covered by SAFE HARBOR. Furthermore, a PR from this bunch has even less credibility than most.
Yep - all this alleged buying and SIML is still stuck .0001. GL
BK is the abbreviation for BANKRUPTCY. SIML will not go bankrupt as long as the printing press doesn't break down or the Feds don't get 'em!
BINGO! Over 100 Million again today. MASSIVE dilution followed at some point by another RS.
LOL Probably. ECMH has no value except maybe as a shell.
There is a world of difference between "underdog" and scam, SIML being the latter. Just knowing that Scot Sand is involved is enough.
I have no idea. Just thought it strange.
It is in a PR covered by Safe Harbor. It is not a promise.
As I see it, Cunetta and a few others take over HTI thus enabling Coats to pay off his IRS Lien (his lien - the HTI lien remains) and rename it SPO.
But - for whatever reason - SPOI gets a Skull & Crossbones and the stock in this new "enterprise" is not doing very good so far.
SPO buys USA Metal Recycling from a Kendra Smith who has now sued SPO for non payment per her agreement with SPO.
SPO responds to the suit as expected. No surprise there except SPO is now represented by Herbert Southern who, to my knowledge, still has a lien in place against HTI for his judgment against HTI - which in reality is now SPO.
It is my opinion that this has always been - HTI included - a Chinese Fire Drill and continues as such.
Massive dilution followed by an RS. jmo
This all has become very confusing and convoluted.
"Loading up"? So has SIML!
Good opportunity for any remaining stuck holders to exit before the plug gets pulled. jmo