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Alright, I'll take the moderator role for the time being.
Since we have no news from the company, may be we'll talk about why those of you that still come here still do.
For me, I guess I still have a few oustanding shares that I don't care to sell and if Steve can pull a rabbit out of a hat, it might actually go somewhere.
I regret pulling my entire investment out of a stock a few years ago, and didn't want a repeat.
I think one of us should take mod position before that happens in order to keep this place clean of pumpers and to ensure that Steve accomplishes nothing except wasting money paying for these pumpers.
Wow..no moderators. What happened to 4he?
No lawsuits? No phone calls to Steve either? Is anyone even picking up the phone at this place?
No one wants to moderate this board either. Interesting.
How is this guy not in jail for taking people's money and blowing it so irresponsibly or on things that don't relate to this company? Can I just startup a company tomorrow and put it on the pinksheets and collect money like Steve does by feeding people lies and using messageboards to convey false statements?
I know there are millions of stocks out there and the authorities can't be watching every little thing, but certainly when I'm out driving like a maniac on the roads, and am putting others at risk, the appropriate authorities do find me. There are more cars out there than stocks, so I would think someone would put him away!
Can I just do what Steve did? Open up a company, take it to the pinksheets, raise around 3 million, put it into a savings account, shut down the company, collect 2% per year on that 3 million, that's an extra 60k in my pocket annually on top of what I earn in my day job. Seems easy enough.
I'm with you on this one Penny! This is heading straight to $50/share next week!!!
Those tv shows/infomercials were to be followed up by a DVD that was to be released....without a DVD to follow that people could order, the tv time was a complete waste of time and money!
To this date, we haven't heard of any news of the DVD being released. We're entering a stage where DVDs will soon be obsolete. The man is late on everything including payments for registration of this company or the website, so it's only fitting that he's late on the release of the DVD as well.
Even if he does release it now, what are the chances that the people that woke up at 3 am or whatever to watch the TV shows will actually remember 2 yrs later about the DVD and the number to call to order?
As investors, don't we have the right to hold him accountable for the way he's using investor funds? In my opinion, they're completely mismanaged..and he certainly has time (since he has time to update facebook / twitter / personal website etc. between his work and his family life)..he's just lazy.
I want to know what happened with that last inquiry. The stock was halted from trading for a while in December and part of January...investors deserve to know what happened and what the outcome was.
This is a stock, not a charity.
Actually...it's been far longer since he's been working with the military...
First reference to targeting Military was back in 2006
http://somatics.org/investors/news/stories/2006/11/28/SMAS_Targets_US_Military
and then February 2007 he confirmed that he's expanding into the military market and had done a few presentations
http://somatics.org/investors/news/stories/2007/02/07/SMAS_Continues_Expand_To_Military_Through_VA
Welcome to March...I await the contract news. :D
Is this ever going to have any volume again?
Anyone have any communication with the company recently?
This stock is done. Definitely unrecognizable, just as Steve promised.
Anyone know if there are criminal charges laid against him? I would hope so ...he's making false claims about the military / veterans in the middle of a war in order to mislead people into buying shares. What's next? Curing pain for the victims of the Haiti earthquake via a potential contract with American Red Cross?
I'm surprised he had the nerve to now mention to someone in an email that something would happen in the first 3 months of the year. Give it up already!
LOL...Penny...give it up man. You're making an ass of yourself.
Trading halted because someone posted something on an internet message board. LOL! Let me post something about Microsoft or Google and let's see if they halt those as well.
simple...to see what happens to this company and it's management. Lessons are learned every day. This is turning out to be a great lesson for investors and for Steve Aronstein.
Penny, give it up already! The reason they've stopped trading is written on SEC's statement.
The Commission temporarily suspended trading in the securities of Somatic because of questions that have been raised regarding the issuance of Somatic stock, trading in the company’s stock, and the adequacy of publicly disseminated information concerning, among other things, Somatics' current financial condition and business operations.
These questions that were raised were obviously legitimate and made sense to the SEC in order for them to halt trading. Their PRs were misguiding investors. Everything from from starting to heal the military in 2006 vs. starting in 2009 to being the first firm to offer Somatics with NCBTMB registration.
If anything, the posts on here helped future investors. Make no mistake, there's no one to thank for driving this company into the ground other than Steve and no one that hurt this stock more than Steve Aronstein himself with continuous dumping that went on beyond the Regdex. He promised the moon and delivered nothing.
CNBC has a show called American Greed
I wonder if they'd be willing to do a segment on Somatic Systems and Steve Aronstein.
are the details of the SEC inquiry available to us? If for example they find that the PRs were in fact misleading and funds were misused and they end up throwing Steve in jail, would they release that to the general public or would they simply delist the company and that's all we'd hear of it?
Where are the people that said that "the SEC doesn't have time to look at Pinkies and SEC wont' bother with something like this so go ahead and file your complaints"?
I think there were enough complaints received about this stock not only from within the US, but those of us who are outside and getting complaints sent in from our federal authorities to put pressure on the SEC.
It's time for Steve Aronstein to come clean.
With Steve's credibility, I think most here trust you more than they trust him. I'm trying to determine if there's a way to look on their servers and determine if the link actually existed or if it was cached somewhere.
LOL...Penny, are you kidding me? Even after all this dilution, and us sitting at 20 billion shares now and the false promises given by Steve over email to people on this board, you still think that people on this board are the ones unreal
Come on..give me your best shot....what do you have to suggest that this company is going to make investors any sort of money? I'm not talking hopes and dreams here..I'm talking about solid concrete evidence based on historical facts.
The word "unreal" from you and "soon" from Steve make me chuckle.
The SEC has been notified by several people of this...if there's no action soon, perhaps some media exposure should get the ball moving.
No one put a gun to anyone's head and had them buy SMAS shares, but that doesn't mean that Steve can release false and misleading PRs. Pinksheet or not, it is a publicly traded company and therefore must abide by a set of rules regarding falsifying information.
well done. congratulations
Does Steve realize what a joke he's turned this into? Frankly, I'd be embarrassed if I had anything to do with a company where nothing can possibly be taken seriously and everyone in the world knows it's a scam. If I even worked for a company like that, I'd be looking to quit and move asap.
This guy is the CEO of the company...and he keeps setting himself up for more humiliation using that word "SOON" in emails to people. 3 yrs ago was soon... and there's still nothing.
I guess it's true, when there's money coming in, you can put shame aside. I guess the same concept justifies the work prostitutes do as well.
It's almost Christmas again. :)
It'll first start with an email to one of a select few on this board. That email will be posted here suggesting that something big will happen by end of year and PR will come soon - countdowns in number of days will begin and people will take into account that Christmas week the markets are closed. And so the number of days remaining till end of year will decrease further with excitement
PR about success of work with military will be released and excitement will build further with board marks increasing. This will pretty much drive the volume till the end of the year and nothing will actually happen...may be a dump but that's about it...because technically Steve didn't PR anything will happen by end of yr, it was only posted by someone on the board. All that he PRd was success of somatics on Military.
Wow..I'm getting good at this after a few yrs. May be I should charge people for making predictions.
nice..his contract really is over.
I'm not a CEO and I don't even have time for Twitter and creating personal sites. I'm surprised this guy has time for all this. Shouldn't this time be spent in ways to expand the business? We all take breaks and what not, but I don't know how many CEOs out there (especially of companies that are wanting to make it big) are out there with other projects on the go.
Anyone here suspect that he's making enough money and living comfortably, but has no intention of paying shareholders anything? After all, many people follow the rule of finance to pay themselves first. Until those financial results are audited, we'll never really know how much he's been paying himself.
Not sure abou these pictures...the place looks similar to pictures I've seen before but i could have sworn in the conference calls and tv interview, Steve was on a chair with arm rests and that he used a Mac.
We have no feedback or PRs to suggest anything about the conference. Given the interest in this stock, the number of people attending classes and the price of the conference ($1000/person), I don't think anyone attended either.
I would think that people may have attended if the CEO was open with the investors, their services were in demand and their books and videos were flying off the shelves and the stock price was $10+/share with < 1 billion OS and consistent volume exceeding 20 million/day because the people trusted the CEO. Unfortunately that's not the case here. The CEO is MIA, company is shady at best. Price per share is below 0.0001 OS is nearly 15 billion and volume is ..well..non-existent. The DVD that were 100% complete, we've never heard about and the CEO is not to be trusted and nevada secretary of state has this company under revoked status and other trading websites have a big stop sign in the company info warning investors.
Perhaps if the CEO paid people to advertise the product to military etc. rather than paying pumpers to come on message boards in order to scam them, this would be worth more.
People that respond to JD400
I'm curious, has anyone ever seen a response from this guy? I've seen people responding to him for a few weeks now, but it seems like he just goes on and on without responding to people's posts. It seems like a computer program to me or a promoter that only posts but never reads.
I see that people are still responding to this guy/girl/thing. Are your responses being acknowledged? It seems like the good old days when people were in contact with Steve through conference calls etc. They kept speaking their minds and showing concern, but Steve kept saying all positive things about the company.
could be a partial fill..but then again, with so many willing to sell this, it's unlikely.
Wow..and I don't even post that much anymore since I've sold most of my position. LOL..but sure...good bye and good luck. :)
I saw a look-a-like today in a food court in a mall up here in Toronto Canada. Unless the man is traveling, I don't think it was him.
If it was him, I should have made him buy me lunch.
If there's no dollar value in pain, I think we should all run from this stock.
who do you think is developing Somatics EMR system?
You're responding to a promoter.
LOL..doesn't that mean that Q1 was also late since there was little time between Q1 submission and Q2 due date? If Q1 was also late, then why wasn't the stop sign there before?
LOL
I was going to respond to this guy with something along those lines, but then I thought it probably isn't worth my time or energy.
how much were you paid and by whom? How do I get in on this deal?