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The website was down Loooooog before that issue...
More IFUS blatant lies.
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Can't wait to see the SEC complaint.
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I don't know if Jake set aside some cash for taxes or not... I'm thinking he didn't. Jake needs money for a lot of thinks. Attorneys need to be paid.
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The tax for the 12 million wouldn't be mentioned in the financials for SONG. That would be considered Federal taxable income for Jake, and Jake would be responsible for reporting it on his tax filing for the year.
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Most definitely on the 12 mill salary.
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New short report out... A whopping 2,785 shares are short. And STILL no Fails to Deliver.
https://www.otcmarkets.com/stock/IFUS/security
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Buyer Beware
Pump and Dump
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What the heck is this??? This is VERY misleading. And why ya can't trust the promotional material produced by IFUS, and the need for a 3rd party study to back up the claims that are being made.
IFUS does not own this property, though he sure would like folks to think IFUS does in this PR. The property is actually currently owned by RR Louisiana Property LLC.
This is VERY misleading.
IFUS does not own this property, though he sure would like folks to think IFUS does in this PR. The property is actually currently owned by RR Louisiana Property LLC.
]NAPOLEONVILLE, LA / ACCESSWIRE / September 30, 2022 / Impact Fusion International, Inc (OTC PINK:IFUS) today announced that it has successfully modified its loan agreement for its property and buildings located at 204 Highway 1011, Napoleonville LA 70390. The 74.85 acre property that the Company acquired after completing a reverse merger in 2009 is the site of the Company's proprietary plant dedicated to the production of Supreme Gold Plus™ Bagasse. Supreme Gold Plus™ is infused with the Company's proprietary ingredient Nutri-Mastic™. The term for the new modified loan is 3 years and has been negotiated in favor of the Company.
Marc Walther/CEO
Impact Fusion International, Inc leases 74.85 acres of property in South Louisiana. The property includes a 50,000 square foot building where we manufacture our Supreme Gold brand. From the same facility, we ship all our Nutri-Mastic Branded products. This facility houses a large, specially designed, press and also houses our automated bagging system, as well as a mixing machine with an attached conveyor belt system. The balance of the property is used to store raw materials for our Supreme Gold products. The property is leased from a third party and is ideally situated for manufacturing of our products and storage of raw materials in the heart of sugar cane industry in Louisiana, located at 204 Hwy 1011, Napoleonville, LA 70390
MIAMI, March 20, 2009 (GLOBE NEWSWIRE) -- Hydrogenetics, Inc., (Pink Sheets:HGYN) announced today that a Florida State Court Judge in Miami, Florida on March 9th granted an emergency injunction against fired CEO Marc Walther, enjoining him from acting on behalf of the company as an officer and director or making representations to this effect. In the order, the judge ruled that Walther likely would cause irreparable harm to the Company if the injunction was not entered. Walther was fired for cause from both Hydrogenetics, Inc. and Xynergy Holdings, Inc., but refused to step down from the Companies.
The Company is still pursuing damages in Miami-Dade County Florida Circuit Court Against fired CEO Walther for Breach of Fiduciary Duty and intends to seek damages and other relief based on the claim that he fraudulently and improperly issued a massive number of Preferred Shares to himself and a personal friend, Rhonda Windsor, after he was terminated by a majority of the shareholders for cause. The Company deems the preferred shares that were issued by Walther in an attempt to gain control of the Company to be void for the failure of Walter to comply with applicable law. The Company is exploring additional claims related to his acting wrongfully as CEO after being fired.
On January 15, 2009, after notifying Walther of his removal for cause, the company, filed with the Secretary of State of Nevada showing the removal of Walther and his replacement, Ronny Halperin.
On January 16, 2009 the company discovered that Walther, purporting to act as a director, created Series B Convertible Preferred Stock, 250,000 to one voting rights and without shareholders approval, issued it to himself and Rhonda Windsor, his personal friend 45,000,000 shares each as reflected in filings filed with the State of Nevada, one day after he was removed. The filing also changed the address of the corporation. The company has not moved
On January 26, 2009 the Company filed a lawsuit in the Circuit Court of the 11th Judicial Circuit, in Miami-Dade County against the former CEO and director Marc Walther. In part, the court has been requested to uphold the rights of the majority shareholders to vote Walther out of office and to require Walther to return all corporate documents and records that Walther improperly and illegally removed from the corporate office. Further the court is being asked for speedy determination as the removal of these documents which are necessary for the corporation to conduct its business.
An insider just got the restriction label removed from 30 million shares... Hard pump mode.
Outstanding Shares
563,272,576
06/24/2024
Restricted
233,224,507
06/24/2024
Unrestricted
330,048,069
06/24/2024
Old share structure:
Outstanding Shares
562,022,576
05/24/2024
Restricted
261,974,507
05/24/2024
Unrestricted
300,048,069
05/24/2024
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Buyer Beware
Pump and Dump
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Nobody is getting paid to "bash" this share selling scam. I'm posting truth for FREE... Just to poke a gang of lying fraudsters. And ya can't claim it's shorts, because there are none. Most of what you are posting is exaggerated bullshit. Pumpers are the ones that have a finical incentive as they bought stock in this scam.
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Buyer Beware
Pump and Dump
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I am providing truth. The heavily promoted "study" I am talking about was done with the help of Bob Schmidt and his family that holds a shitload of IFUS shares and Bob is now a vice president of IFUS and chief promoter. This "study" was very likely paid for with IFUS shares.
https://secureservercdn.net/166.62.110.60/4vu.14d.myftpupload.com/wp-content/uploads/2021/10/SGP-Feed-Brochure-2017-Final.pdf
The Study you are referring to with the Baton Rouge University extension, a study that isnt even completed yet and is being controlled and heavily influenced By Marc Walthers and Bob Schmidt. That makes it FAR from an independent 3rd party study.
So, whose lying???
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Buyer Beware
Pump and Dump
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Greg Mitchell has never had his shit together...
Just look at all the inactive disclosure statement do-overs. There's like 40 of them...
https://www.otcmarkets.com/stock/GRLT/disclosure
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Buyer Beware
Pump and Dump
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So... What are you all waiting for now???
Geeeezzz...
A big fat nothing.
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What settlement?
Anything Klug manages to collect, and I doubt he ever collects anything, he's keeping it for himself. Why would he share it with a bunch of dummies he lied to and scammed??
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Different company.
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Lol.. Brett tried the same shit again!
Lol.
On the road again. Check it out later.
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Your attorney is on the right track...
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Yes,... So sorry you and the others got victimized in that way. What Jake pulled with that is really low even for a penny stock scammer, it's outrageous. A decent lawyer should be able to get that suit tossed and with a judgment of attorney's fees and damages. Though collecting from Jake is going to be tough.
Criminal charges against Jake and his attorneys with prison sentences and restitution are also very much deserved.
Good luck
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A Wells Notice perhaps?
That may be a new term for Jake.
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There are toxic lenders that would hand him big cash for shares @ a big discount. The sudden revelation of 950 million in "future" revenue would have been good for a pump to unload them before revocation. Klug could have unloaded a shitload himself through friends and relatives. Seen that a million times.
And then there is, what else was omitted?? Never mentioned?
And that is why, along with the obvious fraud, and fraud by omission, there were no financials filed and there will never be a form 10.
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I'm not talking about judgment money. It doesn't exist.
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I never said N95 had money dummy. This is from the last Q posted. How many more shares did Klug unload in the year or more he didn't file??
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
Sales of Securities
During the quarter ended March 31, 2021, we issued the following securities:
? In separate transactions, we issued a total of 76,733,153 shares of common stock to different holders of certain 2019 Variable Rate Convertible Notes upon the conversion of $181,000 of principal amount of such notes, plus accrued interest; and
? We issued 10,000,000 shares of common stock to holders of certain 2020 Fixed Rate Convertible Notes upon the conversion of $50,000 of principal amount of such notes, plus accrued interest; and
? We issued 55,916,667 shares of common stock to certain related party note holders of certain interest free advances upon the conversion of $142,000 of principal amount of such advances; and
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We issued 6,250,000 shares of common stock to certain members of our board of directors as compensation.
We claim an exemption from registration provided by Section 3(a)(9) of the Securities Act for such issuances upon conversion of our convertible securities, as the securities were exchanged by us with our existing security holders in a transaction where no commission or other remuneration was paid or given directly or indirectly for soliciting such exchange.
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During the quarter ended March 31, 2021, we sold $175,500 in principal amount of new 2019 Variable Rate Convertible Notes. These notes have a variable conversion rate based on the price of the Company’s common stock.
? Subsequent to March 31, 2021, we sold $150,000 in principal amount of new 2019 Fixed Rate Convertible Notes (See Note 7 in the notes to the unaudited consolidated financial statements included above), and in connection therewith, warrants to purchase 3,750,000 shares of common stock at $0.01 per share. The proceeds were used to repay the principal balance outstanding, including accrued interest, on the remaining 2016 Fixed Rate Convertible Note. If the warrants to purchase 3,750,000 shares of common stock at $0.01 per share were exercised in full, the maximum number of shares of common stock issuable upon exercise thereof would be 3,750,000 shares of common stock.
The issuances described above were exempt from registration pursuant to Section 4(a)(2), Rule 506 of Regulation D and/or Regulation S of the Securities Act, since the foregoing issuances did not involve a public offering, the recipients took the securities for investment and not resale, we took take appropriate measures to restrict transfer, and the recipients were (a) “accredited investors”; (b) had access to similar documentation and information as would be required in a Registration Statement under the Securities Act; (c) were non U.S. persons; and/or (d) were officers or directors of the Company. The securities are subject to transfer restrictions, and the certificates evidencing the securities contain an appropriate legend stating that such securities have not been registered under the Securities Act and may not be offered or sold absent registration or pursuant to an exemption therefrom. The securities were not registered under the Securities Act and such securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act and any applicable state securities laws.
Wasn't talking about that money.
Clown.
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Yes... Fraud by omission, and the "letter" with the 950 million future revenue, when Klug already new N95 defaulted on the deal was most definitely fraud. And another issue... Who knows where the money went?? Klugs retirement account?
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That is freaking hilarious!!... Lol... Best part is, I don't see how this fixes anything. It's likely just makes shit worse! The SEC hates when scammers try to scam the SEC! LOL!!
JOINT MOTION TO AMEND ORDER
Defendant, MUSIC LICENSING, INC., and Plaintiffs, JAKE P. NOCH et al., by and
through undersigned counsel, agreed to file this joint motion to amend the Order that approved
the Section 3(a)(10) Settlement Agreement. In support thereof, the parties state the following:
1. Plaintiffs filed a declaratory action against Defendant on or about November 15, 2023.
2. The Plaintiffs sought Declaratory relief recognizing the Section 3(a)(10) Settlement
Agreement.
3. A Section 3(a)(10) settlement agreement, in the securities law context, refers to a
method by which a company could settle pre-existing debt obligations such as unpaid
operational expenses by issuing common stock to the creditor. See TD Ameritrade,
Inc. v. Kelley, No. 15CV714-PAC-FM, 2016 WL 11483847, at *1 (S.D.N.Y. Aug. 1,
2016), report and recommendation adopted, No. 15CIV714PACFM, 2016 WL
5660399 (S.D.N.Y. Sept. 30, 2016). Section 3(a)(10) of the Securities Act of 1933, as
amended (the “Act”), provides an exemption from the Act’s registration requirements
for certain securities exchanged as part of a settlement agreement.
4. A fairness hearing was held on December 7, 2023, to approve the application of the
Section 3(a)(10) exemption to the referenced Settlement Agreement.
5. This Court Ordered its approval of the Section 3(a)(10) exemption on December 7,
2023.
6. However, the parties agreed that some language should be added to the Court’s Order
to clarify the Order and its application.
7. The parties agreed to request that the following language be added to the Order as part
of the Section 3(a)(10) exemption for clarification purposes:
a. The Section 3(a)(10) exemption applies directly to the underlying shares of
common stock of Defendant, MUSIC LICENSING, INC., and, accordingly,
such shares Plaintiffs, JAKE P. NOCH et al. do not need to rely on Rule 144
or any other exemption from the Act’s registration requirements in respect of
shares of Defendant, MUSIC LICENSING, INC.’s common stock to be issued
to Plaintiffs, JAKE P. NOCH et al. in connection with their Settlement
Agreement. Neither Plaintiffs, JAKE P. NOCH et al. nor the shares of common
stock of Defendant, MUSIC LICENSING, INC. issued or to be issued
pursuant to the Section 3(a)(10) exemption are subject to compliance with any
of the provisions of Rule 144, including, but not limited to, volume limitations
of the sales thereof and any affiliate restrictions of Plaintiffs, JAKE P. NOCH
et al. with Defendant, MUSIC LICENSING, INC.
b. The Section 3(a)(10) exemption is to be applied to previous transactions
issuance transactions by Defendant, MUSIC LICENSING, INC. to plaintiffs,
JAKE P. NOCH et al. and their respective affiliates. Amounts previously
realized under any sale transactions of shares of common stock of Defendant,
MUSIC LICENSING, INC. will be deducted from the current amounts
outstanding under the Settlement Agreement and/or future balances as onetime deductions of the current amounts remining to be satisfied by the
Settlement Agreement and the Section 3(a)(10) exemption.
c. Issuances by Defendant, MUSIC LICENSING, INC. of shares of its common
stock under the Settlement Agreement pursuant to the exemption from
registration under the Act provided by Section 3(a)(10) do not need to be
accomplished in limited tranches, and there is no restriction on the issuance of
such shares.
d. The 3(a)(10) exemption provided by this Court’s Order is not linked to the
public market per-share price of common stock of Defendant, MUSIC
LICENSING, INC. and is solely based on the funds realized by Plaintiffs,
JAKE P. NOCH et al. from the sale of such shares.
WHEREFORE, based on the foregoing, Defendant, MUSIC LICENSING, INC., with the
consent and agreement of Plaintiffs, JAKE P. NOCH et al., respectfully requests that this Court
amend its Order dated December 7, 2023, by adding the referenced necessary and requested
language set forth in Section 7 of this motion.
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Both... Things went bad, and he lied, committed fraud to try and cover.
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BW Energy acquires 6.7% of ReconAfrica for US$16m and a 20% working interest in PEL 73 for US$125m
ReconAfrica has found a joint venture partner – BW Energy – with a hefty US$16 million investment.
BW Energy, which has a 95% interest in the Kudu field, is paying US$16 million for an ownership of 6.7% in ReconAfrica.
The company is also acquiring a 20% working interest in PEL73 in exchange for future payments of up to US$125 million upon successful exploration outcomes, of which US$45 million comes at declaration of final investment decision of a commercial discovery, US$5 million on first production, and three tranches of US$25 million after certain cash flow milestones are reached.
ReconAfrica is engaged in the opening of the newly discovered Kavango Sedimentary Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana, where the company holds petroleum licences comprising ~8 million contiguous acres.
ReconAfrica has been looking for a partner for months.
The joint venture structure preserves a 70% working interest in PEL 73 for ReconAfrica, 10% carried interest for Namcor and 20% working interest for BW Energy.
BW Energy will participate in ReconAfrica’s two Damara Fold Belt exploration wells and a 3D seismic program.
The company also has an option to join two Rift Basin exploration wells for over two years.
In return, BW Energy will earn a US$45 million bonus at the declaration of commerciality (final investment decision), providing additional capital carry through to the first production.
The company will also receive US$80 million in production bonuses based on certain cash flow milestones.
After achieving positive free cash flow, BW Energy will earn a further US$141 million.
ReconAfrica has also agreed with Research Capital Corporation to be the lead underwriter and sole book-runner.
ReconAfrica CEO Brian Reinsborough welcomed BW Energy as a partner in Namibia.
“Our farm-out joint venture process was thorough, which attracted significant interest from high-quality companies of all sizes.
“BW Energy’s offer met our guidelines to ensure strategic alignment for a multi-well exploration drilling program while retaining significant upside exposure on success.
“We continue to execute our strategic priorities set out last year with the company on track to drill a portfolio of opportunities in the Damara Fold Belt and the Kavango Rift Basin,” Reiborough said.
He added that the first well, Naingopo, is currently drilling and is supported by BW Energy, whose high-quality technical team will add significant value to executing ReconAfrica’s forward exploration plans.
BW Energy CEO Carl Arnet said the transaction will enable them to expand their footprint in a strategically important energy region and further their position as a leader in Namibia’s development towards energy independence.
Arnet said the data and insights gained through ReconAfrica’s exploration campaign will further BW Energy’s understanding of Namibia’s geology and petroleum system and help de-risk planned exploration and development of our Kudu licence.
https://theextractormagazine.com/2024/07/17/bw-energy-acquires-6-7-of-reconafrica-for-us16m-and-a-20-working-interest-in-pel-73-for-us125m/
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