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If you don't know those other companies, then you have no idea who Ault is because everything else is PR BS. You don't have to do a deep search to see the fraud lawsuits, FINRA suspension and failures that truly make up his real career.
You have made this same type of post on all of those other stocks the result has always been the same. Definition of insanity.
Is this the 50th Ault venture you have promoted? Haven't you been burnt toasty already? No different than those past stocks like Biogeron, Corestream Energy, ZLUS, IPEX, XCLX and others?
Next thing you are going to tell me that OJ didn't do it, lol. Milton "Fraud/Todd" Ault III for probably the last ten years or more has run scam after scam. He was suspended by FINRA and has been sued by former business partners and investors. He even failed at forming a porn related company.
Spare me your pitch. Anyone that researches Ault can find his trail of slime.
Thanks for your response regarding the Stan Lee event. I never questioned the hand print ceremony making a profit and you bring up a good point regarding the mansion being a networking opportunity.
However, I have two questions below that have been ignored and raises a major red flag.
So nice your had to post thrice. Thanks for taking the time to post. I'm a potential investor but I came across this board created by one of your investors that is not too happy. I only have two questions, which I'll direct to you.
1.) Do you and and Paul each get paid $175K base salary yearly? This info was posted by the investor/board creator and seems very high.
2.) Now that Colossal is out on video, what was the amount invested in P&A and what was the ROI? If that info is not available now, will it be available in a future investors report?
I'm always wary when I see defensive posts such as this. Especially since my analysis was actually unbiased and defending earlier critism about money waste. Curious why you chose to respond to my opinion and not the harsher one from your fellow investor who thinks this is a scam? Regarding the 6-7K number of investors, I am basing that on both Wefunder campaigns combined and ignoring that fact that are probably a lot of return investors in the second round.
Also
To be fair, drawing a salary is not unrealistic if it was in the 60K-90K range but if they are both getting 175K then that is way too much.
The Stan Lee hand cement ceremony was a good idea on Legion M's part. It did get them a lot of publicity and I am sure the signed Ebay items and ticket sales probably made them a profit. I don't get the Stark mansion party though. They already had the PR for the cement event and the party did not get them extra coverage outside of a video they made themselves. Also the party was likely expensive.
They have the Field Guide to Evil film that they are doing with Alamo Drafthouse. Really low budget horror but perhaps a profit maker.
The Icon VR interview with Stan Lee looks like a money loser IMO. Not sure why anyone would pay to have a VR experience of seein Kevin Smith interview Stan Lee in a room. Stan has done so many interviews that people can see and read for free.
Again, they really need to be transparent and at least be open on how much money they are using and the expected ROI.
I honestly get the vibe that they really believe in this dream of Legion M, at least Jeff seems the more sincere and level headed of the two.
The great concept with the 1 million investors Is that having a million people (with their family and friends behind them) means that they can influence Hollywood and weld unlimited power with a large built in audience.
A big problem I see is that a lot of these folks investing in Legion M are not really educated on what their investment really means. For example, the name tags where people are branding themselves as co-owners or executives simply because they invested in a small percentage is worrisome. I wish the company did more to educate people on what voting rights and influence they actually get with their investment instead of people being deluded though lack of or misleading info.
Of course the other big issue is 1 million investors equals delusion of the stock value from all rhe extra shares being created. They claim 10,000 members but from the Wefunder info it looks like there could only be 6000-7000 actual money investors given the stats.
Glad I found this board. I am not an investor but know a number of people who are invested in Legion M. I would not go so far as to say that they are a scam but they do seem come off a bit as a joke and amateurish in how they run things.
The Colossal deal was strictly for prints and advertising and was done after the movie was made. I do wish the founders were more transparent in how much was invested and whether there was a ROI for this. To me, the film made 3 million domestic and 4 million overseas so I do doubt that it was a money making move. I also noticed Legion M not credited in the home release of Colossal as well. There other project is some low budget horror from the people that made The ABC's of Death and a VR of Stan Lee being interviewed. Both sound kinda lame.
The history of Ault and the people involved proves it is a scam. These guys have done nothing but scams for the last ten years.
I noticed Todd and Kristy Ault, the folks behind this scam and others, are now doing an Alzheimer's cure scam with old working buddy William Horne. Anybody know if they took it public to another subpenny stock like this one?
I noticed Todd and Kristy Ault, the folks behind this scam and others, are now doing an Alzheimer's cure scam with old working buddy William Horne. Anybody know if they took it public to another subpenny stock like this one?
Mark took out over 600K in a bank loan and never made a single payment back. The FDIC were not crooks to taking Lienard to court. Can't believe anyone still believes in Mark and his "new" 2013 model Chinese tractors.
I noticed Todd and Kristy Ault, the folks behind this scam and others, are now doing an Alzheimer's cure scam with old working buddy William Horne. Anybody know if they took it public to another subpenny stock like this one?
I noticed Todd and Kristy Ault, the folks behind this scam and others, are now doing an Alzheimer's cure scam with old working buddy William Horne. Anybody know if they took it public to another subpenny stock like this one?
Yeah, crooked because someone takes out a big loan and doesn't pay any of it back. What other excuses does Mark have? He already got exposed by his former accountant. Or is that another part of the big conspiracy against ole Lienard?
This stock hasn't been delisted yet? I highly doubt Mark Lienard is still filing financials or the bare minimum.
As long as the stock is still listed, there will always be people betting their steaks this will jump back to it's glory days. The previous reverse split only created a new black hole for TYTN to fall into. TYTN didn't fall because of "enemies" but for several reasons that are its own fault. Let's start with the big loan that they never paid back. The initial stock dilution that drove it to triple zero and the sneaky reverse split vote shenanigans. The company was never great with transperency or comminucation. The internet and some diligent posters found out about the two bankruptcies and the trade show, otherwise Mark never bothered to let anyone know. Let's not forget the lack of promotion, lack of social social media and a year-long crappy website build.
Ault is at XCLK. He is tied to it through MCKEA Holdings.
The bank, taken over by the government, has been after him prior to the bankruptcy. Just go to cowandchickens posts from a year ago. There is a lot of info on the boards. I previously posted about Lienard's other businesses that are registered in Nevada.
Good,question, regarding the lack of sales after the Chapter 7 filing. Here are some possible reasons.
1. It was never announced by the company. It was found by a poster here who, at the time, was in the minority opinion. A lot of people here were very pro-Leonard and were dismissing anyone that had a negative opinion of this stock. At one point i think all of us realists were accused of being Mitch Bogden. Folks wanted to hear it from Leonard before believing it to be true.
2. This stock has had a long and painful death prior to the filing. This stock had been on a downward projectory for years, both before and after the reverse split. By the time it got to this point, long time shareholders had already seen over 99% of their investment gone.
He initially made reference to it, months later in his last mailbag. It had a line like "As you already already know, TYTN has filed for Chapter 7". He since removed it and made other alterations in that post. It was the one dealing with tractors and equipment beimg found at that other location.
Nope. IT will eventually get revoked, just like AGEL recently was.
A PR doesn't equal fact. The folks involved with this company have previously offered similar "Can't Miss" developments that never materialized.
Here is some info on the folks involvedhttp://investorshub.advfn.com/boards/read_msg.aspx?message_id=104340948
Most people know why this company changed name and symbol. It's to try to hide from the e-trail of past failed ventures and lawsuits.
The only news is that they changed accountants and have crappy financials. http://finance.yahoo.com/q/is?s=xclk
As others mentioned, it's been two years. How long until we see a SEC suspension?
Oh, there are other shady people involved too. Not sure how that will move the stock up.
Last gasps more likely. As others said, the business is liquidated under Chapter 7 and the FDIC revving up for an October court date to take as much of TYTN as they can. Also, remember that it has been a very long time since Lienard last filed a financial. The company is only up to January 2012. The SEC takes note and will eventually suspend trading. This could have been a last ditch action before TYTN gets hit with the gong.
Look up Gary's history with Milton Ault III. Some very shady stuff.
Based on bad financials and no PR on their rebranding from two weeks ago? Anyone with any ethics should stay away from this and whatever last minute manipulation before the SEC shuts this down, like ZLUS and AGEL before it. All IMO, based on research done. Another opinion. Maybe the rebranding was done to distance themselves from the Ripoff Report complaints and the lawsuit it references?
It's being manipulated, that's why.
Anybody check out the financials on XCLK? Just terrible. It barely makes any money and is just increasing more operating expense loss.
http://finance.yahoo.com/q/is?s=xclk
Slowly, slowly, the wheels of justice spin. No word from Mark Lienard since January's mailbag.
Never TMI if it means not losing money.
The guys running this company are still as incompetent as they were in their other ventures. When are they going to send out a pr? It has been a week since the name/symbol change. When are they going to release audited financials? Past people playing the pump and dump game found themselves long term bag holders when the folks running the show didn't file financials over a long period of time. The SEC quickly, and without warning to shareholders, suspends the stock for a week and then throw it in the grey market, where trading is very hard to do. Then you'll never hear from them again, until they pop up in the background of another company. Rinse and repeat.
No surprise. No filings, SEC suspensions and going to the grey market is familiar territory for Ault and Edwards.