Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Go figure - news and VFIN on the ask. Another pump and dump
Not really -
"Arms length" - the acquisition of the shell was arms length. The acquisition of Futureland not so much.
- current FWDG shareholders receive 94% of the new company stock. It says that the other 6% will be restricted for 1 year. Doesn't say free trading or restricted on the dividend shares.
Great post! He would absolutely get more shareholder support by honesty versus smoke and mirrors. Still dodging my question on how long will the dividend shares be restricted.
Lol well mr know it all when are we back to pennies then :)
Let's hope all shares aren't restricted. That wasn't mentioned
It may be good news but why hide it to begin with. It simple... Be upfront and honest with shareholders. It goes much further in the down times
I just ask for honesty. I know that is sometimes a lot to ask around here. Good to see no Diluters on the ask. Let's see what this brings
LOL spin it how you like. End of the day they are losing the trust of others. At least it wasn't a payday lender fe car titles lol
I know! Why not say, we are acquiring a shell to roll futureland into. Why say they are being acquired.
Sam is the buyer. LOL read it again. Sam bought the shell then merged futureland into it.
I couldn't agree more but why lie again. Sam's MO
No shit! Someone asked.
Exactly - the 8k said futureland was to be acquired not a spinoff and bought by Sam.
Yes but he didn't Sell Futureland. He bought it from himself. Lol
Sorry, meant mega-resort per 10q
Holding company based in Florida that was first setup to launch an amusement park
Yes but relevant... He stole from investors for own personal gain. Kind of sounds familiar to me.
Yes but from Sam to Sam again. More bullshit
Ugh.... Another misleading sale! Sam sold it to himself again after a Reverse Merger. If FWDG is a holding company to incubate why the hell does Sam keep selling the spinoffs to himself.
Regulator Statement
SHORT HAS SUBMITTED AN OFFER OF SETTLEMENT, WHICH THE SEC HAS
DETERMINED TO ACCEPT. WITHOUT ADMITTING OR DENYING THE
FINDINGS, EXCEPT AS TO ENTRY OF THE INJUNCTION AND THE SEC'S
JURISDICTION, WHICH ARE ADMITTED, SHORT CONSENTS TO THIS
ORDER. THE SEC FINDS THAT: (1) FROM APPROXIMATELY APRIL 1999 TO
JUNE 1999, SHORT WAS ACTING AS AN UNREGISTERED BROKER-DEALER.
(2) ON 10/15/1999, THE SEC FILED A COMPLAINT IN THE U.S. DISTRICT
COURT FOR THE SOUTHERN DISTRICT OF NEW YORK AGAINST SHORT.
ON 10/18/1999, THE ACTION WAS TRANSFERRED TO THE NORTHERN
DISTRICT OF ILLINOIS [CASE #99 C 6895]. ON 6/1/2000, THE SEC FILED
AMENDED COMPLAINT. (3) THE SEC ALLEGES THAT FROM APRIL 1999
THROUGH JUNE 1999, SHORT VIOLATED THE FEDERAL SECURITIES LAWS
BY FRAUDULENTLY ENGAGING IN A $314 MILLION PONZI SCHEME
INVOLVING AT LEAST 1000 INVESTORS. THE SEC ALLEGES THAT SHORT
OFFERED AND SOLD SECURITIES IN THE FORM OF PROMISSORY NOTES
AND BONDS ISSUED BY A COMPANY, WHICH PURPORTED TO PROVIDE
RETURNS THROUGH INVESTMENTS IN THE CAR TITLE AND PAYDAY LOAN
BUSINESS. THE SEC ALLEGES SHORT RAISED $487,000. THE SEC ALSO
ALLEGES THAT THE INVESTMENT FUNDS WERE NOT USED IN THE CAR
TITLE OR PAYDAY LOAN BUSINESS, BUT RATHER WERE USED TO MAKE
INTEREST PAYMENTS TO EXISTING INVESTORS, TO PAY MARKETER
COMMISSIONS, AND FOR PERSONAL USE. THE SEC ALLEGES THAT
SHORT MADE MISREPRESENTATIONS AND OMISSIONS OF MATERIAL
FACT CONCERNING THE USE OF INVESTOR FUNDS AND FAILED TO
DISCLOSE THE SOURCE OF THE INTEREST PAYMENTS AND THAT THE
NOTES AND RECEIVABLES PURPORTEDLY SECURING CERTAIN
OFFERINGS WERE INSUFFICIENT SECURITY. THE SEC FURTHER ALLEGES
THAT SHORT, IN THE COURSE OF MARKETING THE SECURITIES, ACTED
AS AN UNREGISTERED BROKER-DEALER. ON 3/8/2000, THE COURT
ENTERED AN ORDER ENJOINING SHORT FROM VIOLATIONS OF SEC. 17(A)
OF THE SECURITIES ACT OF 1933 AND SECS. 10(B), 15(A), AND 15(C) OF
THE EXCHANGE ACT AND RULES 10B-5 AND 15C1-2 PROMULGATED
THEREUNDER. SHORT, WITHOUT ADMITTING OR DENYING THE
ALLEGATIONS CONSENTED TO THE ORDER.
Oops.... nice find.
His comment said future investor so my guess is he doesn't own many shares. He called it "sweat equity" on the hopes when CB spins off
I couldn't agree more! My arse hurts from this ride. Anyway... At the BBall games. Go Dayton Flyers!!!
We can only hope your right
You as well.
Oh and BTW... I am not pro company anymore. Sam's a POS now it's about making money and getting away from his misleading ass
Good! We will need it.
Trust me... I'd rather see it go up but it's obvious Sam doesn't agree
Why lie when someone asks a question. You call it bashing I call it being honest. To each their own. Don't like my statements then don't read them. Simple enough
I haven't sold either bro. Calling a spade a spade. I am not averaging down until trips. Simple
Id say trips before penny. No buying pressure only sells. Diluters will exit at some point and without volume it will be at the bid. Waiting to load the boat.
Yes, diluters did.
No one knows. They financial reporting is far from stellar. Last I seen they had under $100,000 coming due over the next two months but facts are limited
Bids didn't get dumped into
Pot stock radio starting to pump FWDG a bit for their show.
They are creating cash. The two concepts don't go hand in hand.
Almost 2014 though - mid December
Sweet!!! Good news is Sunday Bill Short being interviewed. Let's hope for something good to come from this.
Why when they know when the selling will end
Also these are all startup type companies that went public for access of capital. Unfortunately the share price suffers when buying pressure doesn't overcome the rate of the capital need