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If that were true, it seems, at minimum, Jared would have filed a police report on Bill White. Isn't that the usual way to handle such behavior, if it were true?
You are naive. The 4 or 5 big bankers have been planning the take over of all the banks for more than 60 years. No one is going to stop them. Certainly a mere examiner will not go against them. Anyone who tries, will not succeed. So many in the whitehouse are going along with them - friends.
I am with you. I don't get it - how such a rich corporation snivles over a few dollars to keep safety features in good working order at the risk of billions of dollars worth of oil (and public uproar - which must not be very loud - a whisper?). And how those in our government knew, and only warned them! Why weren't they ordered to shut down! Why wasn't the navy or some group sent in to stop them from scr**ing up! CEO's are out of control and continue to be rewarded by our government and the courts (with bailout bucks and bonuses). What will be BP CEO's bonus for the m*rd*r of innocent animals and people?
I continue to be outraged by BP, our government that sold them the rights to the oil, and the President, and others as I gain other information.
If CEO's are horrible businessmen, then that is because they get paid (out of the sale of stock - worthless paper) rather than based on a small percent of net profit. If CEO's were paid based on performance and only after shareholders are rewarded then "bad" CEO's would be pretty rare. Too bad the stock market world treats shareholders like they are not human beings and probably like dirt. It's amazing we don't quit this and start to teach the younger generations to stay out of it.
Not to be a downer, but didn't someone post that the enzymes cannot survive in cold or hot temperatures? I do not know what temperature ranges were given.
But couldn't the oil be heated to the right temperature to help the enzymes survive, so then the enzymes could break down the oil?
What about those bags you buy in the store that you shake and it heats them up for an hour to put on sore muscles. There must be some product that could create temporary heat to help the enzymes survive to eat up the oil. Such product (if the heat is only temporary) could be applied every hour or as often as needed. Just ideas. Don't know what these products are, if they even exist, but chemist, really good chemists probably know what works.
So basically, they get a little bitty slap on the wrist and told they can go on with their lives. Just what fraction of their total "steal" are they paying back? If they pay back less than they took, that is not a punishment! NO JAIL time?! Ordered to not violate laws???! Aren't we all supposed to not violate laws?? So how about we violate laws and then get ordered by a judge to not violate the law as our "punishment"?? Really?? Really?? How lame are these courts that deal with "stock" laws? How lame is the SEC that asks for so little??!!
Thank you for the information and explanation about PIPE. That has been very helpful.
When there are so many board of directors and CEO's out there in the business world who make money by creating a company on paper for the only purpose of selling stock and pocketing the money (such as SPNG and others), then, when the board of a company takes actions such as what NEOM did (failing to follow the rules, guidelines, timelines for executing stock situations), then it tends to raise suspicions. After all, for any legitimate company, how many companies are scams? Hundreds? Thousands?
How is DD (due diligence?) worth anything, when paperwork filed with the SEC is based on lies and faked purchase orders (such as what SPNG is alleged to have done)?
When a person receives a salary in the hundreds of thousands of dollar(s) (or millions) for "running?" a company that earned $0 for years and continues to earn $0, that smells of a scam. Usually, honest workers get paid when they do their job. The sign that a person did their job is there is some final product or completed service to point to.
What is a PIPE? I don't even no what "shorting" is or other short terms such as "short shares".
To Luckyrabbit: NEOM directors and officers already got our money, so we have nothing to lose. The company is probably belly up already. Maybe they're just trying to sucker more money out of other unsuspecting people who might be new to the company. To me, clawman's lawsuit is mainly about stopping criminal activity. Perhaps, the NEOM board members have been getting so much money off of NEOM in exchange for doing nothing of value, that they are arrogant about the laws and violate them flagrantly. Just my opinion.
Hey, did it ever dawn on anybody that maybe YA never gave NEOM a loan? Maybe YA just gave NEOM some "I'll give you your loan later on" notes in exchange for all those shares of stock that they received? That way they could control the vote the essentially steals from the common investors. Is there any proof that YA ever loaned any money to NEOM? If they loaned money to NEOM? Where did it go? Did all that money go directly (or indirectly) into the directors' bank accounts? If so, then, wouldn't that be a bribe or something else illegal? Wouldn't that also mean those public announcements (and filings) were lies, since the money was touted as going to help run the company? Going into the board members bank accounts doesn't help run the company, now does it? Especially if the board members don't know how to market the company's product.
Clawman, You are AWESOME to bring a suit against these people and YA. They never thought anyone would stand up to them. They know after they deplete the common person's funds, the common person doesn't usually have the means to function any more should they try to take a stand. Thank you so much!
Poptech, you switched the numbers when you did your division. If YA paid $2.5 million for 300 million shares of common stock, then they bought it at 0.0083333 per share. (2,500,000 / 300,000,000 = 0.00833333). Therefore, I would say, NO, it was not fair. Shares were selling more than that. NEOM should have been sold to the public to gain the funds they needed.
So, how many of these pinksheet stocks have CEO's and board of directors who draw salaries of hundreds of thousands to millions of dollars, because they pretend that they are running a business? If they were legitimate, you would think that they would accept a salary based on a low percentage of the earnings of the company.
These abundant scams are new to those of us who were raised to actually "work" (real work) for our gains.
I remember someone posted months ago, something about how the CEO illegally increased YA's number of shares of stock (they missed a time deadline to convert certain shares, but did it anyway, plus,CEO gave YA many more shares than what he reported to shareholders in an SEC report - moved the decimal over several places in YA's favor). By breaking rules, YA (and CEO) declared YA to have the majority vote in this stock. If this is so, then I guess the only stock rules that apply are the ones contrary to investors, all the rest don't apply, and the purpose of SEC reports is to create illusions to bate potential investors. What a racket! So, if the majority of the stock market is crooked, then our society is falling down on the job to neglect to tell people. Should start letting them know in the public schools, at least at the high school level.
In any case, does anyone know what date this reverse split is supposed to take place?
So those of us who could not attend and voted through the Proxy, wonder if the Proxy really voted our shares "against" as we directed.
I did not and could not go. But I still voted AGAINST the reverse split and all of their other shenanigans, via the internet. I paid attention to the warnings by those who post here. Hopefully my votes went through. A "proxy" was supposed to submit my votes. Hopefully the proxy did my vote AGAINST everything as I indicated.
Thank you Judy for your diligence and hard work. You are an inspiration to me and many of us stuckholders I am sure.
What the heck with the trial date! These government people are letting the case sit idle for a crazy long amount of time. One year from now, or 1 1/2 years from the SEC filing the case?! It seems to me that it is Jared's lawyers who asked for the case to be moved to one year from now. I think the reason they did this is because they know/believe that anyone with an interest in the matter (stuckholders) will fade away, just vanish, move on, and information becomes older and therefore, will become not important. Then, the lawyers will win, by reason of time and everything fading into the past. Even if the lawyers asked for that trial date, they see that they will win because of the old age of the case. Why is the case so far in the future?! I never heard of a one year extention! (I have heard of postponing a case by one month at a time though.) Anyone have any comments? Best everyone keep this board alive even if not much going on with EESO, so that hopefully, the criminals don't get away with what they did.
I am with you. I believe the error has to be corrected. Otherwise, it is stealing. Now that YA has wrongfully obtained a majority of shares, they will vote in favor of themselves, and thus, keep themselves as majority holders. They probably know that it will be a massive effort that few can take to force the correction. Who can we get to force the mathematical corrections on the records and get YA out of being listed as the majority shareholder? Would we contact the SEC? Is there some other agency?
I don't get your conclusion on your post:
"If they did do that, they would lose it all."
Why would they lose it all? Why would anyone try to right the wrongs? I have come to believe that having fake companies is the safe way to steal massive amounts of money without consequences. Does the SEC or judge care if any of what CEO's (or directors) do is illegal? I think they only care about one illegal activity, but not any of the important stuff (like outright blatent lies to manipulate price of stock). After all, why did they not bring important charges like that against Jared? Hopefully I am wrong. Does anyone know if any judge or anyone at the SEC care about shareholders losing money wrongfully?
The problem for some people in a reverse split, is that they don't own enough shares, and they wind up with 0 shares after such a split. Especially if they reverse split stock a couple of times in a row. I think that is how companies steal from people. Take their money, then take the stock back with reverse splits. I didn't knoow about reverse splits when I got involved in buying stock. No one told me about that part. Then companies print up more stock papers, diluting your shares. You'd think companies wouldn't be allowed to do that. That once a certain number of stocks is designated, the only thing the company is allowed to do is to split the stock. But that's not the rule apparently.
Name Scottrade in your complaint too. Someone posted that they were helping ("aiding and abetting") to sell unregistered securities. They admitted to it, to not doing their job, and paid a $600,000 fine to the SEC under a specific court case. That court case would be evidence against them. I don't have the details. I just remember reading it. I believe none of that money went back to the people who lost their money on that. You might have a good chance of getting a lot of money back if Scottrade is listed in the complaint. If there are other stock broker companies that helped EESO, then, name them too.
If you can suggest a good attorney, help the rest of us out, because I would like to go after the crooks too.
So apparently that vacation home was sold? To someone at WOW Green? Is that just an illusion to make it look like it doesn't belong to Jared? Is the person Jared sold it to Jared under some alias name? or maybe an in-law?
Someone posted that Jared is having money troubles? Is that so the shareholders, court, or others don't try to go after him to pay? Maybe Jared has just moved stuff around to make it look like he has no more money and no more property?
So, the court did not freeze assets, they are having the case a long time from the time he was served, giving Jared lots of time to move his money and assets out of view.
Someone stated in an earlier posting that the SEC was at his office back in the summer (investigating him). Was that his heads up for him to finish selling all the stock that he could, to hurry up and make his money then, because it is important for him to make money and not the public? In a way, that is insider trading to me. But who is ever punished for insider trading? Who? Sounds to me like they like him and are doing all they can to help him out. Oh, and as someone pointed out, it is a civil case not criminal, so he won't go to jail. He won't pay anything, because he will say he can't. He must be pretty special.
Janice, don't go away. It all looks like a scam to me, too. And it seems a lot of people were involved in it. After all, why are the EESO stocks frozen so most of us can't sell?
So Biggerstaff, you say insiders received shares and sold them at their peak. If I knew they were selling theirs, I would have sold mine.
Why was there never any public notices that the insiders received shares? Why was there never any public notices that insiders were selling their shares?
Please do (file a complaint with the SEC). If I could mail you my signature to add to it, I would. Then maybe we can see if the SEC cares enough to take action to the point of giving back to the true victims. The court didn't freeze the assets? So the SEC didn't even ask to freeze the assets?! What's up with that? People were "robbed" essentially, and no one even attempted to get Jared's assets frozen?!?!
Okay, so, maybe send a copy of the complaint to the FBI as well.
It sounds like the entire pink sheets stuff is organized crime. The companies that sell worthless paper, to the pumpers who gain by pumping and dumping, to the stockbroker companies who assist by making the sales and are always paid and who never return ill-gotten money to their customers(and maybe they even sell many copies per stock certificate instead of the real ones, since no one can really see if they do or don't), to the SEC (the agency that receives money openly from the pinksheet companies via the courtroom shows; money which actually originated from stockholders; the SEC that never really punishes criminals; the SEC that exists for the purpose to provide the illusion that there are regulations of sorts.)
What is punishment?
Wouldn't that be giving back much more than was taken? And that means giving back to those who were taken from. If SEC, in their court complaints, only ask for a little piece of the pie that was taken from the public, but that money awarded by the court is designated for the SEC and only the SEC, then that is a clue that the SEC was designed to help give an illusion of legitimacy to this intricately organized criminal activity to steal from the public.
People posted on this board web connections to court cases in which the outcome was that the perpetrators of stock fraud paid nothing and nothing was done to punish them. Reason given by judge (for those outcome): they can't pay. My response to this is "False. You all put on a show. Just a show. Now the public gets to read about it. The court case wasn't real. They committed a crime, you let them go scott free. You must be part of it."
I'm with you Littlefoot. These pinksheet lies and acts of fraud should be held as crimes. I think the lying "pumpers" should also be held accountable for their participation in the fraud. After all, the driver in a bank robbery is held accountable (once caught). Using "pinksheet" logic, one could say the driver didn't rob the bank, so therefore, should go unpunished. The "pushers" are at least equivalent to the drivers, because the "pinks" would not "get away" with their sales of worthless paper without their help.
Ken754, you get it. Yes I was new (still am). So many of you use abbreviations I have never seen, and I am having a hard time figuring out what the heck is being written sometimes. I wish there was a site to go to with a list of what all the abbreviations mean.
Why do some of these other people keep talking about making a quick buck and that anyone and everyone who buys "pink" is looking for the quick buck. Some of us were willing to wait for the company to grow. Maybe that is why some did not sell. At the time the short, quick spike took place, I was out of town, placing family ahead of money.
If ever my parents told me anything, they only told me the positive stuff; and to not lie, cheat, steal, etc. Also, I have been made aware that there are laws that state it is illegal to lie, steal, cheat, etc. - it's criminal and people go to jail for that. I did not know that in the "pinksheet" world, all the laws were thrown out the window and that criminal behavior was the norm, acceptable, and even rewarded. So, as long as a person files paperwork, no matter the intentions or lies, anything goes!?!? Fraud?!?! Theft?! So what next!?! Pretty soon, if you have a pinksheet company, as long as the deed is done in the name of the company, (a company created by paid paperwork - the only thing that seems to be important to the government), an executive of the company can commit murder? Huh?! Okay, I'm exaggerating! (Or am I?)
I did not know about investor boards when I spent too much money on EESO otherwise, things would be different for me too. I only saw "news" updates by Scottrade and other companies, SEC filings (very few), and the internet advertisements. It should be illegal for companies to write anything that has not been filed with the SEC or other government agencies. Putting out bogus news releases are equivalent to someone selling a drink and claiming it can cure all diseases, then in small print at the bottom stating that some of the information might not yet be verified. That is not allowed in the food and drug industry. If there is no verifiable proof, experiments, data, research, etc. it does not get printed on the container. That would be a crime. It is ridiculous that companies get to make any bogus claim they want and have other "pushers" put it in print for them. Disclaimers, such as the ones found in the stock community, should not allow people to go free for their lies. People in this industry know this stuff know the psychology of people. They know people read and respond to the main text. They are allowing this on purpose.
Sounds good to me. I would get in touch with you, to see if we could get the company connected to anyone in the "clean-up" the environment industry, since I do know some people. After all, that is why many of us "backed" EESO - concern for the environment. Don't know for sure if they're the right people. But one step in the right direction could accomplish a lot. My email to Jared last year went ignored. I figured he was too busy with other deals to work on talking to anyone I know. Now I don't know what he was really working on (other than buying a lake house).
alaskanwarrior, I too am mad as heck! The sad part is that if we all settle for filing lawsuits, then as said before, the only winners are the lawyers! We already lost a lot of money! This is only going on because of the way the SEC handles these sham arraingments! There is so much proof of this being a conspiracy. One: the ones who received millions of shares of stock for "counseling" each others' companies' is a conspiracy. They have never ever been able to receive payment for counseling as a job for other companies: not as a job, not on a regular basis; nor do they have any evidence of an education in such "counseling" work, such that once graduating from school for this, the graduates obtain huge salaries, such as what EESO and the others received. Also, where is the paperwork showing that this valuable counseling ever took place?! Something that shows what the counseling was that the company received (for such a high price). That this is going on in a big way (with all? pinksheet companies), to me, this is a blatant indication that the SEC is involved and is a part of this big conspiracy! It is against the rules of fair business practice!!! It should be stopped in all companies, not just EESO!! I believe complaints demanding investigations with agencies such as the FBI (maybe the Attorney General's Office? any others?) and providing all materials that you guys have gathered is another route to go. (Note: limited to 3 per day.)
There was a time in American history when people went around selling bottles of liquid anything claiming it could do amazing healing; when people would cheat other people in business by making false promises and lying. The government initially wasn't going to do anything about it. After a bit,government realized that people just were not going to be able be in business unless rules and boundaries were established, because it all falls apart if some try to do business while others lie and cheat. It sounds like, from what I've been reading, that companies that are pinksheets are living freely in the "old" days of lying and cheating, and that being okay. As far as I'm concerned, there are supposed to be rules of fairness involved here. It looks to me like this is a conspiracy to cheat the average worker out of their property. And I mean a conspiracy between the SEC, the stock trading companies, and the "fake" companies. To have a conspiracy, there has to be communication between the parties. I include the SEC because they communicate to the stock trade companies and the fake companies how the worthless paper is to be created. The companies provide the worthless paper to the stocktraders to sell on their behalf and give part of the money to the fake companies. The SEC takes its rewards by periodically dipping in to the funds of the fake companies and stock trading companies with pitiful "fines" that do what? Reward SEC employees with salaries and bonuses. The fines are never(?) more than the fake companies' gains nor does anyone do any significant jail time or lose property. Do they? I, as many of you, thought I was supporting a ligitimate company to succeed, and in the end lost a lot. I don't appreciate anyone saying that it is my fault because I am sucker for not selling (or any of you also who hung on); or that I (and many of you) hung in there out of greed! If we had sold, then we would have just been dumping on someone else, unaware, who would have lost their money also and that is not right. A month or two ago, someone wrote a post about how stocks and executives of companies should have salaries ties to the income of the company (not money from stock), etc. and then these scams wouldn't happen, at least not so easily. That sounded like it was something that could be implemented. But that is not how things are now. So I say, we need to all complain that the SEC, the stock trading companies, and these pink sheet companies have committed conspiracy against us. I think it might be the FBI that we report this to and get investigations going. This handful of companies cheated people out of millions of dollars. The amounts that people have been cheated by these "small" companies must be astonomical! And the SEC employees are living high on the hog allowing this! I don't have any physical proof, but I would like to join in on an effort if we all could pull some information together. Starting with SEC publications and rules, their pitiful lawsuits asking for nothing for the shareholders, just money for their own agency! Give it some thought and let me know. I am only allowed public posting and 3 per day. Thanks for reading.
Wow! What happened to the times when companies made money from having legitimate businesses and working them?! Maybe we should each start a company, create stock in them, sell the stock, and then we can make money too! We would even register our stock. Even better, we could all hire each other to "counsel" each other, pay each other millions of shares of stock for all this "counseling" because of course this "counseling" is soooo, soooo very valuable. So is this what is going on in the world of stock (pinksheets and regulars)?! Anyone know of an honest (public traded) company?
Figure my kids and me in also. I got us involved with this stock because I felt that we should support a company that is trying to make the earth cleaner and better as opposed to other companies. I was/am new at this and only found out about these message boards a couple months ago. So I did not know about all going on when I invested as much as I did. And for some of your information, not everyone can take write-offs. We cannot take any write-offs, because some of the stock was bought from Roth IRA accounts. If the judge allows the fine/penalty to be less than the crime, then, the judge will be condoning/supporting criminal activity in a quiet way. What is this with stock? If the company makes money, then is the first order of business is for executives to give each other giant salaries, or tons of stock to the point of leaving nothing left over for those people (stockholders) who supported them to accomplish the building of their company?!