:)
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I think he actually went to South or Central America and knocked up some woman. Wasn't he on Facebook showing off his new baby recently?
He probably went to a country that doesn't have an extradition treaty with the United States.
He's a slimeball scammer and a crook, exactly as I said for years and years while a bunch of names on this message board kept defending him as an honest businessman.
The truth is obvious. Splitting hairs doesn't change it.
Looks like they were paying attention. I hope the noise I made and deep digging I did for a while helped them out on some level. I remember uncovering Warmick before it was part of any conversation.
Thanks for the reference to the SEC doc. Best wishes, Janice!
I've been away from this forever, just stopped by to see what's going on, if anything. I guess the saga continues. I'm glad to see folks still chasing the info.
Found it. From an STT Radio interview back in March.
New article about relaxation drinks - mentions Koma Unwind
http://www.blisstree.com/2013/06/13/food/relaxation-drinks-are-the-new-energy-drinks-but-are-they-safe/
I thought it was already an industry leader with the number one product in brand recognition, blah blah whatever. You mean to tell me that with the king of the relaxation revolution at the helm of this international double cowbell juggernaut of growth and expansion that it's still just a garbage pink sheet stock? sounds to me like maybe management ought to live up to their words for a change and start acting like a big boy company so their shareholders don't have to hang around in the trenches defending the honor and value of their shares against big bad old reality.
According to Manta, this one should work:
(520) 885-3233
http://www.manta.com/c/mx3g160/bella-luna-beverages-llc
Try contacting these guys. They are in AZ and carry the products:
http://www.bellalunabeverages.com/non-alcoholic/koma/
IMO at this point in time, the BBDA/public company aspect is a con game, but the beverage company part of the equation (which really isn't BBDA) is likely 'real'. The two are not one and the same but selling the illusion that they are is the real 'scam.'
You won't see me saying the thing is dead in the water and nobody is going to make money because that's a pretty foolish prediction, IMO. I have seen this stock run on the weirdest stuff.
I can't remember the time frame right now or I would look it up, but I think it was back around the J-Lo video time. Even that video didn't do much for the PPS, but then some innocuous PR about a distributor in western NC or someplace came out a week or two later and the stock took off like it's tail was on fire, so who the heck knows what's going to happen! When the legendary "momo" kicks in, things can happen that defy logic. I just think that for the reasons I stated earlier, that the "momo" is a little muddy right now because there seems to be real potential - like if the business were run more legitimately it would possibly be a decent bet (based on unverified info, of course) but it's still got those strong echoes of pinkie dilution scam that it isn't even trying to shake off. The flip side of what you said (holding some after flipping) is that I think some people who are flipping are choosing to hold those extras (which might also explain the sustained price above the trips), so some of the "momo" gets cut off at the knees. The height of that run to .0199 is also going to string out some of the flipping due to belief that bigger swings are at hand.
It's interesting to observe, for sure.
Don't forget he was indeed sued for hiding assets (shares legally owed on convertible debt) by moving them through multiple corporate shells in different states. He settled out of court.
A great deal of what is talked about here isn't strictly and blatantly illegal, it's just an abuse of shareholder trust. And since in many cases there is no single clear statement of one thing which is then countermanded by what's done, there really hasn't been any kind law or rule broken that can be easily pointed at.
It's not illegal to make a dumb investment decisions based on misplaced optimism - and down here where there is no accountability or protection even offered to people who buy unregistered shares in a non-reporting company with non-audited financials, the risk is enormous and people who cry about losing can just be asked, "where were you promised this?" or "where is this stated", etc. The company doesn't hide the fact they don't own the products, they just don't publicize it. They've told people they are going to sell more shares. They've told people they are going to shut down BBDA and given a vague explanation of what's going to happen. It's not illegal to print billions of shares and sell them based on vague information if you can just find people interested in buying them, so why would the SEC care?
What is definitely worth noting is how the company obviously squirms around to avoid answering certain questions - because in those cases, they would be making deliberate material statements which were not true - the 'lies' you often describe.
There's got to be something big and pretty concrete for the govt to go after a public company. The PRs say BBDA manufactures, sells and markets the drinks - and they essentially do. So what people are buying shares in is more or less clearly stated. The problem is that there is an illusion created around it which makes it seem like more than it really is without ever coming right out and saying it. There's nothing specifically illegal about that, it's just suckering people and taking advantage of the "fog of green" in their dreams of wealth.