@JasonCoombsCEO
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With 154,508,559 shares outstanding and $587K market cap the company is fully-valued here until new capital is raised without toxic debt lenders.
Bill Hodson needs to grow beyond the old school fraudulent techniques of penny stocks and learn a new trick: producing growth and real profits for investors. That's not going to happen with energy chews but it might with CBD oil and other new products, if they're marketed effectively. I'm waiting for the company profile to be updated:
http://www.otcmarkets.com/stock/LVVV/profile
I think you've got it backwards, the short sales happen before the note holders become note holders. The only reason they offer to "invest" in LVVV through those toxic convertible notes in the first place is that they're holding naked short positions that they're planning to close out at a profit when they convert the notes in the future after the price crashes.
Short sales from the Feb-March 2014 high would only provide a substantial profit if held until the price crashes and the positions are then covered. Why would you expect the short positions to be covered right away for small gains with a theoretical unlimited risk of loss in the unlikely event of a short squeeze?
Long-term capital gains tax rates apply after 12 months. I can't imagine the short positions being covered SOONER than that, and the additional convertible note toxic debt transactions seem to me to have been the direct result of the short seller finding more liquidity than they originally expected and accumulating a short position large enough to need the additional shares upon conversion.
Rule 144 holding period should tack back to the date of the note sales, so it is my understanding that the conversion can be used to offset shorts and naked shorts initiated in free-trading form through a broker.
We should expect "MJ Granola Munchies" from LVVV?
You have personal knowledge of criminal market manipulation? Have you reported it to the SEC or to law enforcement? Let me know if you need help doing that.
So is Bill Hodson the new owner of my Preferred shares?
That was one of the conditions agreed to when Bill accepted the role as CEO in January, 2014 -- he was supposed to become the owner of my Preferred shares.
Did that happen? As of now I have no reason to believe it did, and if it didn't then what remedy exists other than a lawsuit to compel performance with each one of the Agreements that appear to have been violated since 2011??
A ridiculous mess that is being cleaned up, I assure you. Keep watching.
You wrote that you don't think I know what I'm talking about. Will you elaborate? Why do you describe Bill Hodson as a great CEO when the company he has created with the capital raised and effort invested to date has not designed products that customers, business partners, distributors, retailers, reps and new investors care about?
A great CEO would have raised capital without violating federal securities law and without helping anyone else do so, either. Bill has proven that he does not care about being honest and ethical, so it's all downhill from here. If I don't know what I'm talking about, then enlighten me.
I agree, please post the details supporting your harsh accusations and claims of special access to information about what's really going on here. Thanks.
SDIG is interesting, too bad they reverse merged with the Alarming Devices shell. The company and its management look good enough that they didn't need a reverse merger to get going.
http://www.otcmarkets.com/stock/SDIG/profile
http://www.otcmarkets.com/stock/SDIG/chart
A stock halt on CEO arrest is not necessary and I would not expect one for that reason alone. Is there materially-misleading information contained in LVVV's SEC filings? If so, show us where.
As long as the public information is reasonably-accurate, complete and current, then the company can just appoint a new CEO if Bill Hodson is arrested for securities fraud.
Some thoughts on the future of Public Startup Company, Inc. -- partly in reply to the requests for same posted here recently:
https://www.sec.gov/comments/s7-09-13/s70913-326.pdf
https://linkedin.com/pulse/paid-your-dues-endured-haters-raised-capital-went-public-jason-coombs
ADIA will either become Homeland Forensics, Inc. and Public Startup Company, Inc. will be one of our subsidiaries, or else the spin-outs will be concluded as ADIA is contractually obligated to do.
If ADIA remains a probiotics company going forward, it will enforce its rights against Bill Hodson and LVVV for any harm that has been caused or that is caused in the future by these parties.
If ADIA becomes Homeland Forensics, Inc. then I expect Bill Hodson and LVVV to issue Warrants granting ADIA the right to acquire shares of LVVV Common Stock in the future, so that growth in the probiotics and nutrition business can accrue value for everyone involved and benefit all shareholders equitably.
My concerns about the potential illegitimacy of LVVV Common Stock as an investment security have NOT been addressed as of now, and I expect these concerns to be addressed properly as part of the final settlement of legal claims by me and other parties involved in ADIA.
Questions will be answered. Haters may be ignored. Thank each of you for your continued support and your patience while these issues are resolved.
I disagree with the premise of "penny stocks" and refute the validity of the "playing" to which you refer. Financial risk and supply/demand factors during price discovery in securities markets creates those dynamics, yes, but no issuer of securities should ever be thinking that it is legitimate to issue shares just for people to play with.
Please follow-up with me by email to discuss: jcoombs@homelandforensics.com
The fundamental rationale "Bill IS the largest shareholder" is only valid if and WHILE the Common Stock of LVVV is intended by Bill to hold the value of the company.
If Bill does not intend for the LVVV shares to hold the value, because he holds all of the value or he and some small group of investors plan to extract the value through some other means later, such as through Preferred shares, then the LVVV Common Stock will not hold value and that will be by design.
You're asking the right question here if you're asking whether it is a criminal fraud for somebody to operate a publicly-traded company with a registered class of securities without publicly disclosing the truth that the registered class of securities is not intended to hold value.
Is management of LVVV operating this company with the intention of creating value for the Common stockholders? The existence of the Preferred shares and the inadequacy of previous public disclosures suggests otherwise.
Also in my original message the paths forward being referenced included the option on the table now, waiting for a decision through the lawyer, of allowing ADIA to become Homeland Forensics, Inc. as it was going to become prior to 2011.
I am willing to move forward in that manner, or with a spin-out of Homeland Forensics, Inc. and Public Startup Company, Inc. -- a third path in which law enforcement make arrests or a fourth path in which Bill and Shelly try to bankrupt or otherwise destroy ADIA out of pure malice just to try to prohibit me from granting equity ownership in my startups to the people who legitimately own them already, these options are each satisfactory to me.
In any event, there will be a final resolution and forward progress on my end for the benefit of shareholders. THAT IS fiduciary duty.
The only future activity that I can control is my own effort to build my startups. As long as Bill and Shelly are not engaged in fraud then I will tolerate the continued existence of ADIA despite all that ADIA has done already that would justify the death penalty for it as a public company.
If Bill and Shelly wish to redeem themselves through future effort at obeying the law and being honest and ethical, that is purely on them.
You are incorrect if you believe I should possess the power to control what Bill and Shelly do. That's not what "fiduciary" means -- I do not have and never did have a duty to force other people not to be stupid, only to ensure that the value over which I do have control does not get lost or destroyed and that the probiotics business, or whatever ADIA becomes next, is a legitimate company operated for the legitimate benefit of its shareholders.
You're just wrong, and I don't care which path forward Bill and Shelly choose to take as long as they are not allowed to use ADIA to commit any kind of fraud.
If you have evidence that demonstrates fraud is being perpetrated using the ADIA ticker then provide that evidence to me and I will have the ticker suspended immediately.
The actions you expect to see don't result in that sort of visible outcome until and unless it is warranted. As long as the improperly-issued ADIA shares from 2013 are returned to the transfer agent and a path forward is chosen that cannot result in ADIA being used for any fraud, then I'm satisfied that my efforts have protected the shareholders and the public.
My efforts to grow Homeland Forensics, Inc. will produce results in the future even if Bill and Shelly deteriorate into more jail and hardship. I have defended our equity shareholder rights and insisted that the starting point for ownership of Homeland Forensics, Inc. must be what was promised in 2011, period. Believe it or not, that's what will happen. Watch.
You're the one who claimed people were frauds, including me. I have called attention to the intentional lack of clarity and the absence of communication from Bill, and the appearance of criminal wrongdoing that the absence of communication creates.
If Bill is still the CEO of ADIA, then I expect to see at least a filing with the Nevada Secretary of State indicating as much. I don't believe he will avoid jail time if the things he appears to have been complicit in do turn out to have involved him.
It is very strange that he does not make any effort to communicate his position nor his intent, and he allows the appearance that he is involved in criminal fraud to persist rather than to clarify what's going on. His choice not to provide disclosures or any discussion of these issues is bizarre, but that alone does not make him a fraud.
You want it resolved at extreme financial cost. I do not see the sense in that option. Time will resolve this, with no need to litigate. Keep watching. The worst-case scenario starts with a lawsuit being filed. The best-case scenario starts with an agreement brokered by the attorney. The middle ground involves law enforcement making another arrest.
I know nothing about what Bill Hodson is doing.
He and Shelly Singhal made an offer, and their attorney is being slow and cryptic. My bottom line is that either Bill and Shelly are going to move on and move out of ADIA so that I'm able to move forward with it renamed Homeland Forensics, Inc. or they're going to finish the spin-out as was agreed.
There's nothing more to report right now, and I welcome another formal investigation by the SEC or anyone else. The intentional state of confusion due to lack of disclosure by Bill and Shelly is a very serious problem.
I agree, it is mysterious and I've lost my patience with the nonsense.
Bill Hodson is CEO of ADIA. Tell me how LVVV can benefit from product launches in the nutrition space while Bill has failed to resolve any of the material issues he created when he became CEO of ADIA? That's what I'm saying.
Some people are blaming it on me.
What I do know is that nothing has been resolved yet between LVVV and ADIA so I assure you, all of Bill Hodson's work on his new nutritional product is being done for the benefit of ADIA and not for the benefit of LVVV.
If anyone needs a more detailed explanation as to why this is true, please contact me directly, I'm happy to discuss in depth.
Where's the announcement of investigation?
If LVVV is actively producing hemp oil in China as claimed, there should be a viable business left standing even if certain individuals are found to have engaged in wrongful acts in a conspiracy with Dick Weed.
Here's an interesting patent grant related to this:
http://www.google.com/patents/US6630507
Cannabinoids as antioxidants and neuroprotectants
Original Assignee
The United States Of America As Represented By The Department Of Health And Human Services
Interesting Google search. According to Orange Coast Magazine in 1999 Julie Hodson was partner in the company that created Chai Tea for Borders, becoming the #1 manufacturer of Chai Tea in the USA.
https://books.google.com/books?id=xQQEAAAAMBAJ&pg=PA165&lpg=PA165&dq=Julie+Hodson+Priscilla+Latter
(scroll down one page to find the history of developing Chai Tea)
The bankruptcy in 2002 indicated Hodson had 10% ownership:
http://bankrupt.com/misc/cacb08-12827.pdf
Bill Hodson and his family have a history of being involved in things that become big. He obviously knows that going backwards sometimes without giving up is a normal and unavoidable part of the process.
I believe that even if Bill does plead guilty to fraud in connection with Dick Weed's activities around LVVV that this will not be fatal to the LVVV business. Best case scenario Bill will turn around the business and pay restitution to anyone who feels they were defrauded last year.
Compared to PIVX/ADIA your company is accomplishing more already?
Your reality filter is stuck in #ignore mode.
When I agreed to work on a long-term turnaround of PivX Solutions, Inc. in 2006 the company had millions of dollars of short-term creditor liabilities and a substantial burn rate.
It was always perfectly clear to everyone that the turnaround was going to take decades, and that's what I signed up to do. The only way to make it go faster is to burn a few million dollars of capital on useless corporate cleanup, which I refused to participate in doing because I strongly disagreed with spending investor money in that way.
The people who supported AND FUNDED the launch of Adia Nutrition and who promised to complete a "going private" transaction for the PivX legacy assets in cybersecurity, forensics and crowdfunding industries as part of turning PIVX into ADIA are responsible for the condition of ADIA.
If you're honestly interested in understanding the reality of what has happened since 2004 and what is happening next, you should start by reading all of the past SEC filings:
http://www.otcmarkets.com/stock/ADIA/filings
Keeping your reality filter stuck in #ignore mode makes for good rhetoric and furthers your desire to insult and disparage but prevents you from actually being informative to anyone.
If you'd like to read my private correspondence with the SEC you can contact me directly and I will provide you, or anyone else who asks, with copies under NDA until I choose to publish it myself in the future. My correspondence with the SEC about PIVX/ADIA would help you quickly understand the reality of this situation but if you are already well-informed about what it takes to grow a startup and how federal and state securities regulations work in practice then you would perhaps be able to perceive many of these non-obvious issues yourself by reviewing the comprehensive public record related to PIVX/ADIA back to inception.
Not barking. Now I am expecting control of ADIA to be returned to me and for Adia Nutrition's probiotics business to spin out and reboot in a form that provides ADIA shareholders with long-term economic benefit from the reboot without either a) potential product liability, or b) potential fraud or bad acts from anyone associated with the reboot.
Your idea that I should already have filed a lawsuit is bizarre. I do not believe companies exist for the purpose of destroying money just to provide entertainment for people who like courtroom dramas. People who want to watch that happen are free to spend their days sitting in the audience in courtrooms, most of them in our country are open to the public.
I agree LVVV must answer for anything it did wrong. Is there truly a hemp oil manufacturing and export operation in development for LVVV's benefit in China? It hasn't been possible to reconcile the press releases with anything contained in the SEC filings. Presumably that will either be remedied in the 10-K and all will become clear, or somebody is going to jail.
Do you mean what's great about LVVV raising capital by selling shares to people who will unethically pump the stock and scam retail investors when they dump the shares at inflated prices?
If we pass a law that prohibits shareholders from talking about the companies they've invested in, the financial market will cease to exist. I don't know what's great about letting people who plan to commit fraud and abuse invest in public companies, but I do know that making it a crime for anyone to invest in public companies because fraud and abuse happens sometimes in the financial market would NOT be great.
Have you not been paying attention? Why would Dick Weed go to jail?
Nearly every company that is not buying back its own shares issues new shares periodically. That's not "endless dilution" -- you know very well that there's a difference between equitable, fair and transparent use of a company's shares for incentives and deal-making, etc. as the company is growing in value, versus toxic endless dilution as an infinite number of new shares are issued at lower and lower prices without creating any value of any kind for anyone.
Suggesting that my comments reflect a lack of understanding or a lack of education about this subject is bizarre.