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The funny thing is, Eakle can clarify all of this in one simple PR, but he refuses to do so and blames the SEC, which is complete BS in my opinion. I've never seen the SEC stop companies from releasing PRs updating shareholders.
Why is Eakle hiding from us? Explain that?
Is there a way to find who Eakle gave the shares away to for .0001? Isn't it illegal for him to enrich his friends, family and himself like that?
So, ALKM owns NOTHING? And Bell get all the money? So, Eakle is just a glorified employee and has been selling BILLIONS of shares when ALKM actually owns NOTHING?
They bought a name? That's it? So they own NOTHING? And Eakle is just an employee there packing blueberries?
So, Eakle is the CEO of ALKM which actually owns NOTHING??
So, you agree, ALKM owns NOTHING? They DO NOT own Bell Foods then? Was it all BS to sell shares??
Anyone can visit the campus. Does ALKM OWN it? It doesn't look like it. It looks like they are just leasing everything from Bell Foods. I don't see anything about any ownership of anything.
Am I wrong?
If so, what exactly does ALKM OWN? And where is the proof of that?
Is this not just some elaborate share-selling scam?
Did you read it carefully? What does ALKM actually OWN?
"....effective May 1, 2017, we have entered into a series of agreements under which we have acquired through an operating lease, the operating assets of Bell Foods International, Inc. (“Bell”) and simultaneously entered into a property lease for the manufacturing facilities of Bell."
"The deal is structured as an assumption of the operations of Bell via an initial 5-year lease of the manufacturing facility at below market rates, and a 5-year lease of the manufacturing equipment..."
I don't see anything about ownership. Aren't they basically just renters? Do they actually even OWN anything? Was all this put together just to sell shares?
Eakle issued 945 million shares at a cost of .0001 and those shares were dumped into the float, probably at .002+.
So, whoever he basically gifted these shares to probably made millions. Who are these 'accredited investors'?? His friends, his family, himself??
How can we find out this information?
If Eakle is so trustworthy and on the up and up, why has the stock price collapsed to the trip zeroes?
How many more convertible notes has Eakle issued at .0001 to 'accredited investors' in the last month or so??
Is there any proof that ALKM even owns Bell Food and Beverage?
This is RECENT and RELEVANT information directly from the 2015 10K that Eakle released!
God only knows the horrifying things we may see from the 2016 and 2017 10Ks.
Is that why Eakle is hiding behind Facebook and not releasing proper PRs where he can be held accountable by the SEC and other regulatory bodies?
Didn't Eakle say all the 'heavy lifting' was done when they did the 2015 fins and that 2016 and 2017 would follow in quick succession?
Did he then backtrack on Facebook saying that we misunderstood his comments about the heavy lifting and that there's more to do?
Is Eakle a scamming liar?
For the 945 million shares Eakle issued over these last few months at .0001, is Eakle allowed to issue them to friends and family and call them 'accredited investors'??
Isn't there laws against this? He can just issue shares at .0001 and then turn around and dump them at .002+ ???
How is this legally possible?
Agreed! We've all lost money and Eakle is in hiding.
I certainly hope we can put him in jail.
ALKM has no provable revenue, that's probably why they haven't released a proper PR and just post BS on social media.
Isn't this completely illegal though? How can Eakle get away with this?
Is that the reason Eakle kept the filings hidden for so long, so we wouldn't find out about these stock issuances?
Who did Eakle issue these 945 million shares to this year at a cost of .0001 ???
Who are these 'accredited investors'?? This seems more and more like a scam every day.
It's NOT old news and it is completely relevant. Eakle issued 945 million shares over the last few months at a cost of .0001, which basically says that he thinks the company is worthless.
Who are these 'accredited investors'? Are they friends? Family members? Is it Eakle himself issuing shares to himself for .0001 and then dumping into the market at .002??
Why is Eakle hiding now? Why has the stock collapsed to the trip zeroes.
Eakle should be in jail.
This is NOT old news. This is all this year!!!
So is he hooking up these 'accredited investors' (his friends and family?) with cheap shares for only .0001?
If so, how can he get away with this? Wouldn't this be highly criminal?
Can't Eakle go to jail for this?
This year alone, Eakle issued 945 million shares at .0001.
Eakle himself has destroyed the share price. How can this lowlife get away with this?
This is absolutely insane. From the 10K:
On February 22, 2018, the Company issued 215,000,000 common shares upon conversion of $21,500 of convertible debt and accrued interest. The shares were issued at a price of $0.0001 per share.
On March 8, 2018, the Company issued 220,000,000 common shares upon conversion of $22,000 of convertible debt and accrued interest. The shares were issued at a price of $0.0001 per share.
On March 23, 2018, the Company issued 135,000,000 common shares upon conversion of $13,500 of convertible debt and accrued interest. The shares were issued at a price of $0.0001 per share.
On April 11, 2018, the Company issued 320,000,000 common shares upon conversion of $32,000 of convertible debt and accrued interest. The shares were issued at a price of $0.0001 per share.
On May 8, 2018, the Company issued 55,000,000 common shares upon conversion of $5,500 of convertible debt and accrued interest. The shares were issued at a price of $0.0001 per share.
I guess Eakle believes the shares are WORTHLESS!
The O/S went up by approx 1.2 billion shares not too long ago from 4.3 billion to 5.5 billion. Were these issued for the notes?
And Eakle issued approx 1.2 billion more shares earlier this year and raised the o/s from 4.3 billion to 5.5 billion. Are these the shares being dumped now? Did he issue them to himself? If not, who did he issue so many shares to?
Do you think he's issuing even more shares illegally and dumping in the market?
.0003 to No bid by EOW
Not really. Massive dumping, now down to .0007
Can't believe this has collapsed from .0026 recently to trip zeroes.
Eakle's BS Facebook posts have destroyed the stock price.
New price target..No bid
What businesses? Where's the proof? Eakle packing blueberries? Where's the revenue? Nothing has been proven that I can see.
Next price target....NO BID
Yeah, 8s won't last long, soon will be 3s :)
ALKM and Eakle look more and more like a scam every day.
I would imagine no bid soon, then a massive 1:10,000 reverse split. Rinse and repeat.
Eakle should be in JAIL.
Wow! Massive dumping at .0008. LOCK EAKLE UP!
Down to .0007, no bid soon...Eakle you should be in JAIL.
Eakle is a liar. He has destroyed the stock price with his Facebook BS.
I wouldn't hold your breath for any update. Eakle has already stated that he will not release a PR to update shareholders. He just posts BS on Facebook. I assume he does that so he can't be held accountable. If he released a PR, then he would have to follow through with what it says. With Facebook, he can post any BS he wants and never follow through.
I believe Eakle is a scam artist. We should all be contacting the SEC.
Agreed, Eakle is a disaster. Maybe the SEC will finally catch up with him and put him in jail.
I don't get it then. Didn't Eakle issue another approximately 1.2 billion shares earlier this year? How can he get away with that? Is that accounted for in the 2015 10k? Did he issue them to himself and then dump them in the market?
How did the o/s get maxed out? Is Eakle issuing himself shares and dumping them in the market on top of his salary and preferred shares? I want to know.
Why won't Eakle release a PR updating shareholders? Why will he only post BS on Facebook like a 12 year old schoolgirl?
Eakle, is this a joke to you? The stock has collapsed. Many people have lost money while you post riddles and pics of yourself on FB. Hope you're having a good laugh.
Is Eakle allowed to issue even more shares without notifying shareholders? Can he raise the A/S and dump shares without telling anyone? Is that what's going on with the stock collapse?
Can't the SEC or some other governing body stop him in some way?