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well we can only hope
I have a feeling DEANO sold millions of shares above a $1
and that will be his undoing
i have a feeling the SEC thing becoming very serious...
Money laundering, TAX EVASION are a few things that come to mind
I think it will take about 5 seconds for Dean to rat out ALTOUNIAN as well after he is the architect
does deano have access to money during this time?? to pay rent, salaries (if there are any employees left), his MASSIVE expenses etc
or is TASHI BOY going to have to evict deano.....
that would be funny...one of his PPM guys evicting deano after TASHI made tons of money off him LOL
looks like this one is about done....volume has dried up...with no volume the PPM people have nobody to dump their shares one
LOOK FOR MASSIVE DISCOUNT ON NEXT PPM.....probably 10 cents
ECO I know the rules and this post has been up here for three days.....maybe admin is tired of these guys ripping shareholders off as well
IMGG
ceo charged by SEC
went BK
30 million shares missing
I bought shares and 6 cents 4 cents and 2.5 cents
stock went up to $1.93...then crashed and BK'd
my shares were locked up in PPM when the restriction was lifted I sold like crazy because I had been to a trade show and witnessed the company booth and nobody in the industry had any idea who these guys were
that was when I discovered altounian involvement...it shook me to core..i had over $100K invested...
people are going to say Altounian has no influence anymore and never had much....
well ALL ALTOUNIANS company's do the following
advertise on MONEY TV
use PPM's to raise money (often times the same group of people for ALL his companies)
BLOATED CEO salaries
MASSIVE MASSVIE MASSIVE expenses
run up due to promotion and relatively low float due to so many share being tied up in 6 mth PPM restrictions...
PPM restrictions lifted...MASSIVE selling to naïve investors then crash
insiders enriched....believers crushed
and of course EPIC FAILURE
ecomike the reason for my posting is I was involved in a Brian altounian related company and saw how his influence destroyed 100's if not thousands of investors....in fact EVERY company Brian Altounian has been involved in has been an epic failure
I made over a million dollars in the company...I owned over 3 million shares (avg price 4 cents) and sold them at between 30 and 63 cents
some of my friends and one older gentlemen held all the way up and all the way down...the older fella died when stock was well above $1.00 his wife had only heard the pump stories and didn't sell the stock and it has since crashed...went BK and CEO has been charged by SEC
I am sick and tired of watching these CEO's stealing investor money while they pay themselves bloated salaries and run crazy expenses through company
ALtounian will go to jail someday...I am sure he will be charged by SEC soon....I am just trying to save a few innocent sheep from the slaughter until that time
YES 22 cents today!!
hopefully this charade will end soon it is criminal what is happening to the shareholders
new PR....dear shareholders there is no company we have bamboozled you for 5+ years....thanks for all the cash.... RIGGS
the company is bogus...CEO is stealing shareholder money...
there is NOTHING to this company
i know what he is doing can not be legal...what baffles me is how he is allowed to get away with it
closed at a NEW ALL TIME LOW!!!! congrats Riggs!
weren't you the DRY POWDER at 32 cents guy also LOL
isn't it possible the whole thing is a "ME TOO" company...they claim to part of a sector that has promise when really the only goal is to take money from investors chasing dreams
isn't that possible?
TLA you are starting to get the picture!!!1 these PR's are meant to deceive/mislead/confuse.. whatever label you want to put on it....they are certainly NOT MEANT TO INFORM....
it is not to hard to step back and look at this company as a whole and conclude the whole thing is bogus....
EXCELLENT!!!! BA that click on your phone is not your imagination
he could have been the "lender"
I don't believe anything he says...
he could have sold 36million shares himself at above $1 and then dumped 6 million of the $36 million PLUS in cash to the company and walked with the rest
SMF why do you assume it is only $6 million....what if he sold his 36 million shares above $1
how do we know when he sold them
you crack me up...they paid for a bunch of penny newsletters...
RIGGO is selling to the lambs.....the share price will end up BELOW 30 cents today
28 -27 by tomorrow
WOW tons of selling!!!!
looks like all the believers have left the building!!
TIME FOR ANOTHER MONEY TV RIGGS!!! got to attract more lambs for the slaughter
kimble right again!!!
doesn't this sound ALOT like what I said yesterday?
http://finance.yahoo.com/news/originoil-offers-zero-capital-commercial-070100819.html
If I was a shareholder I would be very wary of this type of coincidence
so the company is bogus...
claim to be something that the NAIVE investor thinks is a breakthrough technology when in reality nobody in "the industry" cares about
ummmmm reminds me of another imaging company....I wonder what they have in common....
volume will not dry out as long as PPM's get discounted shares
what is the objective here??? is OOIL trying to sell the system??
do they have many DEMO systems in the field working?? if not WHY NOT?? cant they even give them away??
if there are systems in the field....do they work?? do they work well enough to be marketable....
if they DO WORK...why hasn't reputable company partnered up with OOIL (IE: given them much needed cash to expand operations)
these seem like pretty straight forward questions
you are correct I have not looked into technology as detailed as you have...I am not interested in that
what I am interested in is the company he keeps, the people who believe in him and they way he raises money
Company he keeps: Brian Altonian....famous for ZERO success stories...all epic failures
people who believe in him: -0- people in the industry (that is whay he was to raise money from niave invesotrs via money TV)
raises money: from loan sharks and dilution
if this company had a shred of potential....he would be able to raise millions from VC, angels, joint ventures etc etc...but no...he goes on Money TV to pander to Ma and Pa Kettle in Oklahoma...
sad
well if there is NO SALES AND NO R&D
then Riggs is a massive failure....
but I have known that for 2+ years
dont forget the CEO is selling STOCK EVERYDAY!!!
that is another $200K PLUS last time I calculated
if you don't think the CEO is enjoying another $500K of this you are niave...they have 10 employees...they don't sell anything WHAT IN THE WORLD IS THIS FOR
Selling and general and administrative expenses
4,942,275
smart move....a conservative estimate is he is taking over $1 million a year from investors
$500K in salary and shares he is selling
$500K in expenses (car payments, car insurance, health insurance, airline flights, hotels, bar tabs, etc etc)
could be more...
25 cents here we come!!! get your dry powder ready....
I am curious....when are people going to get mad at RIGGS for taking all your money
is anyone defending DEANO anymore??
does anyone think this is still a legit product and company??
isn't funny that large amounts of SELLING coincides with PR's....ummm
nahhh I am sure that is just a coincidence...
the volume is just insiders/PPM people selling like crazy when they get their restrictions lifted
it always follows these crazy PR's
this is the process
PR
sheep come running
insiders sell
maybe...OR maybe nobody give a S$%&
if nobody gives a S%^& then it is worthless
that is the reality
your company/device (or anyones company or device) is only worth as much as someone will pay for it....NOBODY IS GIVING OOIL a PENNY for their company....
they are panhandling to loan sharks to raise money NUF SAID
they gave COSTNER $16 million for a device that didn't even really work
http://www.guardian.co.uk/environment/2011/jul/12/bp-kevin-costner-deepwater-horizon-spill
don't you think they would be falling over themselves to fund RIGGS given ALL HIS SUCCESSES AND BREAKTHROUGHS!!!!!
1) the accredited thing is nonsense....they don't check any of the info you put down....when I bought PPM shares they didn't check any of my info..
2) the PPM people could care less about the company....who do you think is doing all the selling....they sell as fast as they can when the 6mth restriction is lifted
3) if there was even a 5% chance of success with this company LARGE companies or VC's would be throwing money at RIGGS...but they do not...he pan handles to naïve investors on MONEY TV.....
doesn't the lack of R&D and massive expenses cause you any concern at all?? good heavens a legit company at this stage would be spending all their money on R&D....but not OOIL they throw toga parties
common I am not that sophisticated of a trader.... I am simply telling y'all your money is being stolen
pretty simply.....
CEO selling every day!!!!!