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https://twitter.com/BennyStox/status/1634404736911769602?cxt=HHwWhIC8rdycya4tAAAA
Benny Stox
@BennyStox
$AABB 1000 TPD PROCESSING PLANT LOCATION 20.7756510, -104.1683120, YOU CAN THANK DON PEPE LATER!!!
He will be gone when the SEC pulls the plug on his promo.
https://twitter.com/BennyStox/status/1407049381027762177
——
Christ on a crutch! Are people actually falling for his nonsense???
Maybe Benny can do another Cancun vacation giveaway!
https://twitter.com/BennyStox/status/1397996283030347782
https://bennystox.jimdosite.com/
Did he ever announce who won it?
During REM sleep no doubt…
https://www.ledgerinsights.com/fdic-ftx-cryptocurrency/
A key issue when dealing with consumers is that a few might not differentiate cryptocurrency from other currencies. Hence any statement relating to cash balances being held in FDIC-insured bank accounts could easily be misinterpreted by a less informed reader as including cryptocurrencies. Recent bankruptcies provide context, especially crypto lender Celsius, which has severely impacted retail investors.
At the end of July, the FDIC published a crypto fact sheet to clarify that it does not insure any crypto firms. If a crypto firm holds cash balances at an FDIC-insured bank, that only safeguards the cash from the bank’s bankruptcy, not the crypto firm’s bankruptcy, a difference many won’t appreciate. Also, when a company states that it has balances held at an FDIC-insured bank, it has to clarify which bank explicitly.
——-
https://www.fdic.gov/news/fact-sheets/crypto-fact-sheet-7-28-22.html
Fact Sheet: What the Public Needs to Know About FDIC Deposit Insurance and Crypto Companies
Last Updated: July 28, 2022
There were ongoing arguments about who really should regulate crypto?
Wasn’t there something about Sam’s bank that allowed them to be FDIC insured? Or registered or something? Or claimed it was? I’ll have to go back and look.
Edit:
https://www.theverge.com/2022/8/20/23314401/ftx-money-isnt-insured-fdic-sam-bankman-fried-crypto-cease-and-desist
Noncompetitive Results
Noncompetitive results will be available approximately 15 minutes before the competitive auction close. You can access these results by selecting the year and then selecting the security.
Competitive Results
Bills CMB CUSIP Noncompetitive
Closing Time (ET) Competitive
Closing Time (ET)
13-Week No 912796X53 11:00 AM 11:30 AM
26-Week No 912796CQ0 11:00 AM 11:30 AM
———
I was tempted to cancel my orders since the Yield might be down with increased demand - but since last batch and majority are already over 5% - I’ll just leave it.
Goldman was the joint manager in the money raise they had to cancel for SVB.
https://www.sec.gov/Archives/edgar/data/719739/000119312523064978/d438977d424b2.htm
https://www.sec.gov/Archives/edgar/data/719739/000119312523064980/d375015d424b2.htm
Goldman Sachs & Co. LLC and SVB
Securities are acting as financial advisors to the Company in connection with the Concurrent Private Placement for which each will receive a customary fee.
———-
I am sure they are hoping just that. Probably cost them big bucks to cancel those offerings.
Well while they stepped up to “bailout” one bank - or was it two - they didn’t solve the problem with all the companies that have uninsured deposits in banks. No doubt plenty of companies/depositors will be moving money elsewhere as everyone won’t be saved in the future.
I read one place the vultures were circling looking to buy depositors money for .70cents on the dollar.
Lol always someone around looking for a deal on making the next buck!
I wonder how long it will be though before actual demand picks up for treasuries? Like in a couple days? I wouldn’t think so.
I had another round (final one) for 3 and 6 month tbills that went in on Thursday - so guess I will see if it’s affected by surging demand.
Liquid tbills - what is the current yield on those tbills.
At least he wouldn’t be forced to sell them at a loss like SVB.
SILICON VALLEY BANK SELLS BOND PORTFOLIO AT A LOSS
To fund the redemptions, Silicon Valley Bank sold on Wednesday a $21 billion bond portfolio consisting mostly of U.S. Treasuries. The portfolio was yielding it an average 1.79%, far below the current 10-year Treasury yield of around 3.9%. This forced SVB to recognize a $1.8 billion loss, which it needed to fill through a capital raise.
Speaking of BlockFi /Peter Thiel
https://www.theblock.co/amp/post/218943/blockfi-has-227-million-in-uninsured-funds-in-silicon-valley-bank
BlockFi has $227 million in uninsured funds in Silicon Valley Bank
by Sarah Wynn
Quick Take
Crypto lender Blockfi has millions in uninsured funds because the cash is a money market mutual fund, according to a bankruptcy document filed on Friday.
This comes about a day after Silicon Valley Bank’s shares plummeted.
Crypto lender BlockFi has $227 million in “unprotected” funds in Silicon Valley Bank, according to a bankruptcy document, and may be in violation of U.S. bankruptcy law.
The bank was shut down by a California regulator on Friday morning after investors, spooked by the bank's moves to shore up its balance sheet, began withdrawing funds.
That $227 million is also not insured by the Federal Deposit Insurance Corporation since it is in a money market mutual fund, the U.S. Trustee overseeing BlockFi's Chapter 11 bankruptcy case said in the filing. The standard deposit insurance amount is $250,000 per depositor, per insured bank for each account ownership category, according to the FDIC’s website.
A balance summary statement provided by the bank for that account said, “money market mutual fund investments are: not a deposit, not FDIC insured, not insured by any federal government agency, not guaranteed by the bank, may lose value.”
Earlier this year, the U.S. Trustee said it warned BlockFi that it may be out of compliance. BlockFi said it would provide proof of compliance, which the U.S. Trustee said it had not by the time the FDIC seized control of SVB.
BlockFi filed for bankruptcy protection in November. It has creditors such as FTX US and the Securities and Exchange Commission.
———-
Wonder if Peter Thiel had a heads up on SVB being an owner of BlockFi?
https://news.bloomberglaw.com/business-and-practice/peter-thiel-backed-crypto-lender-blockfi-hires-general-counsel
https://fortune.com/crypto/2022/11/29/crypto-had-a-bad-month-and-so-did-peter-thiel/amp/
https://www.tipranks.com/news/peter-thiels-fund-bleeds-from-blockfi-bankruptcy
Why was this twitter acct deleted?
https://mobile.twitter.com/Medvoltcs
Medvoltcs - The Green Baboon
$AABB MORE DON PEPE PICS!!! 1000 TPD PROCESSING PLANT BUILD OUT HAS ALREADY STARTED AND WE ARE ON WAY
———
Golden Baboon/Dana
Interesting replies and questions raised by Liam
https://twitter.com/LiamTheEngineer/with_replies
I get the impression he doesn’t really believe Benny has the gold.
https://twitter.com/LiamTheEngineer/status/1633659502665801730?cxt=HHwWhICxxbCq9qstAAAA
https://twitter.com/LiamTheEngineer/status/1632884655119560704?cxt=HHwWgMCzuaj8laktAAAA
https://twitter.com/LiamTheEngineer/status/1632255731708710913?cxt=HHwWgsC-8ZP896YtAAAA
https://twitter.com/LiamTheEngineer/status/1632888902183792640
https://twitter.com/LiamTheEngineer/status/1632831152787472386?cxt=HHwWhIC2gYnS_agtAAAA
https://twitter.com/LiamTheEngineer/status/1629169790353899521?cxt=HHwWgoC8jd3S_JstAAAA
Maybe Dana shouldn’t have added crypto and NFT’s into one of his promoted OTC companies??? Especially this one.
BWTFDIK
AABB/SVB
Lol didn’t take long for this AABB scam to play the SVB angle to pump their gold backed crypto and NFTS!!
https://twitter.com/GoldenBaboons/status/1634597549054066690?cxt=HHwWhIC84e7zoK8tAAAA
(Note reference in replies - apparently that twitter account belongs to Dana Salzarulo - the stock promoter )
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171424181
ROTFLMAO - knew that hype would be coming about gold over fiat with that latest news! BENNYSTOX is actively tweeting about it of course. Guess that’s his next promo angle.
I think the Golden Baboons arrived a little too late given what is happening with the Metaverse. You might want to pivot their theme into some type of AI Chat Baboon next though- as the metaverse is dying a slow death and fell out of favor.
And then of course keeping an eye on how the SEC will be dealing with NFT’s.
https://www.coindesk.com/policy/2022/10/11/sec-probing-bored-ape-creator-yuga-labs-over-unregistered-offerings-report/?outputType=amp
https://decrypt.co/112190/sec-bayc-legal-experts-nfts-yuga-bored-apes?amp=1
https://www.bloomberg.com/news/articles/2022-10-11/bored-ape-creator-yuga-labs-faces-sec-probe-over-unregistered-offerings#xj4y7vzkg
Not sure what’s riskier - the Cartel getting involved with the gold mining in Mexico or the SEC suspending this stock.
Makes for an interesting storyline though.
Umm because that’s the whole point of becoming a shell peddler and custodian - to off load it onto someone else. Plus he told the courts there were pending potential merger candidates waiting in the wings and he certainly doesn’t want to look like he lied in court.
Way more fallout coming…
https://www.cnn.com/2023/03/11/business/stablecoin-circle-silicon-valley-bank/index.html
https://www.coindesk.com/business/2023/03/11/coinbase-pauses-conversions-between-usdc-and-us-dollars-as-banking-crisis-roils-crypto/?outputType=amp
https://www.coindesk.com/business/2023/03/11/circle-to-cover-any-shortfall-in-usdc-reserves-sparking-stablecoin-rally/
Nope - I am talking about these shares from GOFF
https://www.scribd.com/document/360000474/Judgment-Entered-Against-GOFF-VUME-and-ITEC
https://www.sec.gov/Archives/edgar/data/1528188/000149315221023901/form10-12g.htm
NOTE 4 – ACCOUNTS PAYABLE
The Company had a judgment filed against them on July 23, 2012 by George Sharp in the amount of $57,450. This complaint was filed in Superior Court of California, County of San Diego on December 22, 2015. The judgment amount added accrued interest of $28,049 on January 5, 2021 increasing the total liability to $85,499 and then the final judgement on June 9, 2021 was increased again by $3,631 to a final figure of $89,130. All other liabilities were canceled by the court.
http://www.clippercorporatepartners.com/2017/09/the-walls-are-closing-in-on-attorney.html?m=1
https://fintel.io/doc/sec-goff-corp-1528188-ex991-2021-september-09-18879-354
3. Sharp is a creditor of GOFF, possessing a valid claim and judgment against GOFF in the amount of at least $85,498.86, which accrues interest at the rate of 10% per annum
pursuant to California law.
Obviously he didn’t sell those shares right away. He stepped forward in the custodianship case using that same old debt to claim he was entitled.
I wouldn’t be so quick to say old debt notes that convert to shares are sold into the market right away is a given. And George’s own debt note with GOFF is exactly that example.
How old was George’s debt notes before he used it to nab the custodianship on GOFF?
There is no opinion there. Fact is I NEVER said as claimed that I said the shares did not exist.
He was awarded free trading shares - is that still considered debt if the debt was converted to free trading unrestricted shares by court order?
He was awarded free trading shares - is that still considered debt if the debt was converted to free trading unrestricted shares by court order?
Read that again. I stated they “shouldn’t” exist! Not that they didn’t exist. They existed for George in that he put them in a filing and tweeted they existed.
That will be up to Paul to say he gave them back in exchange for his business - not me.
I did NOT say the shares didn’t exist. George put them in a filing and commented they were restricted.
Please read what I actually stated.
Looks more like failed attempts at serving people. Would George like the proper address of Paul Carlin and his phone number given he holds the bulk of what he wants cancelled?
Both Paul and Craig from Long Beard Brewing show up as ATTEMPTED.
A simple google tracks where they are now.
And what about these shares? They show up on TA list? There were problems with the TA list and that they switched TA during one of the prior scams.
https://www.sec.gov/Archives/edgar/data/1068618/000106861816000002/gvsi.txt
Section 8 Other Events
Item 8.01 Other Events.
On August 2, 2016, V2IP, Inc.,
a Florida registered foreign
corporation (the Plaintiff)
was granted by the Circuit Court
of the Twelfth Judicial Circuit,
In And For Desoto County, Florida
Civil Division, and Agreed Order
Approving Settlement Agreement
and Stipulation for
Dismissal against
Good Vibrations Shoes, Inc.
(the Defendant) to settle
a collection action against
the Defendant. Under the terms of
the Settlement Agreement
(the Settlement) Defendant
will issue and exchange securities
for debt with the Plaintiff. Plaintiff
owns bona fide claims (Claims)
against Defendant in the aggregate
amount of Two Hundred Ninety Nine
Thousand Nine Hundred Forty Dollars
and Zero Cents ($299,940.00). Plaintiff
has agreed to the Settlement
and believes that it to be
sufficiently fair. Defendants
board of directors
has considered the
Settlement and has resolved
that its terms and conditions
are fair to, and in the best
interest of, Defendant and
its stockholders.
The securities of the
Defendant shall be issued
to the Plaintiff in exchange
for the Claims Plaintiff has
against Defendant and shall be
issued in accordance with the
Settlement which is in accordance
with Section 3(a)(10) of the
Securities Act and Rule
69W-500.014 F.A.C. and
shall be freely tradable
and unrestricted.
SIGNATURES
Pursuant to the requirements
of the Securities Exchange
Act of 1934, the registrant
has duly caused this report
to be signed on its behalf
by the undersigned hereunto
duly authorized.
GOOD VIBRATIONS SHOES, INC.
Paul Carlin
By:/s/
Date August 5, 2016
Name: Paul Carlin
CEO
</body>
</html>
Do you think the name was changed from American Blockchain Inc to American Blockchain Corporation because The Inc version was being used in California already? Has George said that is him still renewing the name reservation or is it that other guy he was fighting with on twitter that snagged it?
And as far as change of auditor - George going with who he uses for Forwardly.
Service Provider Directory
BACK
KBL, LLP
Accounting/Auditing Firm
1350 Broadway, Suite 1510
New York, NY 10018
856-745-3886
www.kbl.com
ASSOCIATED COMPANIES
NAME COUNTRY SYMBOL
CYBRA Corp. USA CYRP
Forwardly Inc. USA FORW
Good Vibrations Shoes Inc. USA GVSI
HUMBL Inc. USA HMBL
MedAvail Holdings, Inc. USA MDVL
TraqIQ, Inc. USA TRIQ
——
And law firm is Ernest Stern who appears to be the main guy dealing with the custodianships.
Service Provider Directory
BACK
Culhane Meadows PLLC
Securities Counsel
1101 Pennsylvania Avenue, N.W,
Suite 200
Washington, DC 20006
844-285-4263
www.culhanemeadows.com
ASSOCIATED COMPANIES
NAME COUNTRY SYMBOL
Agro Capital Management Corp USA ACMB
Altair International Corp. USA ATAO
BIOQUAL, Inc. USA BIOQ
Forwardly Inc. USA FORW
Good Vibrations Shoes Inc. USA GVSI
HUMBL Inc. USA HMBL
Maverick Energy Group, Ltd. USA MKGP
Nexteligent Holdings Inc. USA NXGT
RDE INC. USA RSTN
SPO Global Inc. CHN SPOM
Stratos Renewables Corp. USA SRNW
Umbra Applied Technologies Group, Inc. USA UATG
United States Basketball League Inc. USA USBL
Worldwide NFT Inc. USA WNFT
That article is freaking me out.
Explainer: What caused Silicon Valley Bank's failure?
Reuters
https://www.reuters.com/business/finance/what-caused-silicon-valley-banks-failure-2023-03-10/
NEW YORK, March 10 (Reuters) - SVB Financial Group Inc's (SIVB.O) shutdown and takeover by banking regulators on Friday can be traced to the U.S. Federal Reserve raising interest rates and souring the risk appetite of investors.
Here is the sequence of events that led to Silicon Valley Bank's failure:
FEDERAL RESERVE RAISES RATES
The Federal Reserve has been raising interest rates from their record-low levels since last year in its bid to fight inflation. Investors have less appetite for risk when the money available to them becomes expensive due to the higher rates. This weighed on technology startups - the primary clients of Silicon Valley Bank - because it made their investors more risk-averse.
SOME SILICON VALLEY BANK CLIENTS FACE CASH CRUNCH
As higher interest rates caused the market for initial public offerings to shut down for many startups and made private fundraising more costly, some Silicon Valley Bank clients started pulling money out to meet their liquidity needs. This culminated in Silicon Valley Bank looking for ways this week to meet its customers' withdrawals.
SILICON VALLEY BANK SELLS BOND PORTFOLIO AT A LOSS
To fund the redemptions, Silicon Valley Bank sold on Wednesday a $21 billion bond portfolio consisting mostly of U.S. Treasuries. The portfolio was yielding it an average 1.79%, far below the current 10-year Treasury yield of around 3.9%. This forced SVB to recognize a $1.8 billion loss, which it needed to fill through a capital raise.
SVB ANNOUNCES STOCK SALE
SVB announced on Thursday it would sell $2.25 billion in common equity and preferred convertible stock to fill its funding hole. Its shares ended trading on the day down 60%, as investors fretted that the deposit withdrawals may push it to raise even more capital.
STOCK SALE COLLAPSES
Some SVB clients pulled their money from the bank on the advice of venture capital firms such as Peter Thiel's Future Fund, Reuters reported. This spooked investors such as General Atlantic that SVB had lined up for the stock sale, and the capital raising effort collapsed late on Thursday
SVB GOES INTO RECEIVERSHIP
SVB scrambled on Friday to find alternative funding, including through a sale of the company. Later in the day, however, the Federal Deposit Insurance Corporation (FDIC) then announced that SVB was shut down and placed under its receivership. The FDIC added that it would seek to sell SVB's assets and that future dividend payments may be made to uninsured depositors.
I wonder if he will go on TV again and cry about making a mistake again.
https://www.vice.com/en/article/n7zkj8/jim-cramer-tears-up-apologizes-on-tv-for-trusting-mark-zuckerberg-as-meta-stock-plummets
I’ve now parked a majority of cash in short term tbills that are rolled over automatically through Schwab.
Feeling way better not sitting in uninsured cash at Schwab!
I’m at that age where capital preservation is a priority. I’d rather sleep well.
Let the young ones take the risks as they have plenty of years to make up lost funds and will be around longer after this next downturn.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170063143
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170291386
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170629492
Wasn’t Thiel recently caught up in losing a bundle of money on some bankrupt crypto related deal?
Probably an attempt to repair that damage to his reputation.
BlockFi? I’ll think of it later…
Golden Baboons Mining Club
share
more_horiz
Unique items
2546
·
Total items
2554
·
Created
Feb 2023
·
Creator earnings
7.5%
·
Chain
Ethereum
·
Category
Memberships
The Golden Baboons Mining Club is a new and exciting NFT Project from Asia Broadband. The company, who already have their own crypto coin ($AABBG) and their own exchange are no strangers to Web3. The Golden Baboons Mining Club (GBMC) is a fun complement to Asia Broadband’s other entities and provides an opportunity for both shareholders and tokenholders to own a collectible NFT on the Ethereum blockchain. Like its “gold backed token” (AABBG) the NFT collection will also be backed the company’s REAL physical gold!
See less
expand_less
2
ETH
total volume
0.0549
ETH
floor price
--
best offer
2%
listed
258
owners
10%
unique owners
Items
Analytics
—————
Kelly Johnson
@KLJ1933
·
Mar 7
Replying to
@GoldenBaboons
Right now we are10% unique holders. Can you explain difference from the 100% unique holders?
AltMom.eth ???? SPEAKER?? MIAMI
@AltMomTrades
·
Mar 7
Replying to
@KLJ1933
and
@GoldenBaboons
100% would be if we minted 8888 and each holder has 1 each unit would be in a unique wallet.
———-
Golden Baboons Mining Club
share
more_horiz
Unique items
2515
·
Total items
2546
·
Created
Feb 2023
·
Creator earnings
7.5%
·
Chain
Ethereum
·
Category
Memberships
See more
expand_more
2
ETH
total volume
0.0549
ETH
floor price
--
best offer
2%
listed
256
owners
10%
unique owners
Items
Analytics