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I'm sorry but you have the wrong idea.
That isn't what you said.
Well that is an interesting viewpoint that deserves some consideration.
John B. Manning
Power Generation, Manufacturing, Equipment Packaging Power House Energy Ventures, Motor Works Lakeland, Fl 33011 US Public Notice-Mr. John B. Manning in the field of Power Generation or Manufacturing under the name Power Team or Motor Works in Lakeland, Florida is a Con Artist/Crook with the innate and cunning ability to gain sympathy, or get one excited about investing in whatever his current business venture is. Reference public record at polkcountyclerk.com. Due diligence, background check or references; I did not require any of the aforementioned. This is a warning about your cash which will not be spent for its intended use. Type in the name Manning John, Manning John B, MotorWorks or Motor Works. There you will find only a fraction of people who have actually filed suit opposed to his business and personal, only within the past few years. Whatever your initial opinion of Mr. John B. Manning, he is not who you believe.
Do a google search on John B Manning of Lakeland FL.
Here is a little DD sent to me by an old friend.
The company was set up last week by Essman, Lux and a couple of other guys.
Pay special attention to John B. Manning. (See next post)
Detail by Entity Name
Florida Profit Corporation
POWERHOUSE ENERGY SOLUTIONS, INC.
Filing Information
Document Number P11000055772
FEI/EIN Number NONE
Date Filed 06/15/2011
State FL
Status ACTIVE
Effective Date 06/14/2011
Principal Address
118 EAST TARPON AVENUE
#213
TARPON SPRINGS FL 34689
Mailing Address
118 EAST TARPON AVENUE
#213
TARPON SPRINGS FL 34689
Registered Agent Name & Address
ESSMAN, BRADLEY E
118 EAST TARPON AVENUE
#213
TARPON SPRINGS FL 34689 US
Officer/Director Detail
Name & Address
Title DIR
ESSMAN, BRADLEY E
118 EAST TARPON AVENUE, #213
TARPON SPRINGS FL 34689
Title DIR
MANNING, JOHN B
118 EAST TARPON AVENUE, #213
TARPON SPRINGS FL 34689
Title DIR
RUDY, DAHL M
118 EAST TARPON AVENUE, #213
TARPON SPRINGS FL 34689
Title DIR
LUX, JOHN E
118 EAST TARPON AVENUE, #213
TARPON SPRINGS FL 34689
Annual Reports
No Annual Reports Filed
Document Images
06/15/2011 -- Domestic Profit
Note: This is not official record. See documents if question or conflict.
Why in heavens name would Newton be 'warning' the shorts?
If those fantasy creatures existed at all, and Newton had the means to defeat them he would surely do it without warning to extract the maximum punishment.
If shorts existed, all Newton would have to do to destroy them would be to ungag the TA. A public disclosure that there were billions more shares in play that had been legally released into the market would be all the catalyst necessary to create a huge short squeeze.
To pretend that Newton knows there is a short position and at the same time suggest that he is trying to warn them of his intentions is ridiculous.
For heaven sake people how many times are you going to buy into this nonsense?
How many phony LOI's are you going to investigate?
How many phony websites set up by Newton's kid are you going to take seriously?
How many companies without addresses and phone numbers are you going to consider to be real businesses?
I can't believe the responses here. Catch a clue, it is a scam. Until you see a phone number or an address or a business record you can pretty much know it is BS.
As far as the latest website, it is pretty clear the Minnesinger has found the source of the content that Newtons kid stole to put on the website he created. Wait until they are contacted and asked for their opinion on the theft. LOL
Sorry, but that ship has sailed.
.
Again I agree.
Bag8ger, Get serious.
Interesting question.
And the Leprechauns.
It is to be hoped that the voices of reason will be a significant factor in the future of RCCH.
That isn't true.
Is this a learning moment?
Must be a different movie.
Because they are not announcements.
Got an example of a single 'naked shorter' being taken down by the SEC Microcap unit?
Didn't think so.
That is a limited question.
As I recall it was the loyal longs who were burning up the phone lines in the Watersense fiasco, trying to find a nugget hidden in the horsepoop.
The realists knew it was bumfluff from the get go, they didn't need to dig any deeper.
Look what is going on now. It is the loyalists and the hopeful who want to find a phone number, most of us know what to expect already and aren't interested in wasting the time.
There are no financial backers. Stop misleading. (Hello, PUBLIC DEFENDER)
That is another misconception.
No one wants to harm present investors, they have already been harmed enough.
Sorry, but obviously when the DTC imposes a global lock all bets are off. Only those who are willing to self clear are going to trade under those conditions.
I still don't think you understand.
Are you serious?
I think you are mistaken.
Really?
Be very careful friend. Pretending to have insider knowledge, even if it is obtained indirectly, in order to influence public opinion, is illegal.
If and when any lawsuits arise from the investors, such activity could be considered actionable.
In reality most investors here are used to these kind of claims and value them about as much as the tummy ache that inspired them, but you should still be careful.
Yeah that's it. A code.
In this day and age of cell phones, instant messaging, email, twitter and fax, MM's need to send coded messages across the transaction wires to communicate with their conspirators. LOL
You are asking the right questions but you have the wrong slant on them. Look at what you know already and use that information to build your questions on.
It should be obvious by now to all discerning observers that no can sell at the 'ask'.
Regardless of the tall tales told by some that they can sell shares at will for the 'ask' price, the truth is becoming unavoidable.
Transactions on the pink sheets take place between computers programed to operate within strict and simple guidelines.
If you want to buy shares you pay the 'ask', if you want to sell shares you get the 'bid'. Simple.
Anybody telling you different is trying to sell you something else.
I don't think you are understanding me.
No I don't think that is true given the basic assumptions.
There will be trails of your $$$ deposits to a brokerage account. There are transaction reports in your account that can be downloaded or mailed to you. Plus, there are your monthly statements from the brokerage. Brokers who naked short and then try to say you never had the shares later on would be hard-pressed to deny a paper trail. If they created false sell orders, they would somehow have to prove you had the money from it.
If, as you suggest the brokers can lie about there being real shares in your account they can just as easily lie about other transactions. They never have to show you got any money, all they have to show is that you moved your portfolio from one stock to another. They could generate a false trail of buy and sell orders that leave you with a series of 'losses' and a few worthless shares from some other company in your account.
My contention is the logic breaks down as soon as you assume your broker is crooked. The dilemma is inescapable, if the broker is willing to cheat you by falsifying records then you cannot expect him to make anything good when the conditions change.
In this case it doesn't matter if the crooks are the brokers the MMs or the company itself, there doesn't seem to be any possible outcome that is beneficial to the investors.
(My last post of the day as I am limited to three a day.)
Interesting. Please indulge me with a few follow up questions.
I think some of the brokers are just taking your money and marking down that you have shares. They never even purchase them. They create airshares.
So you don't think the MMs are involved, it is the brokers. How do you account for the recording of the transactions as they occur? Many people tell us things like 'that 545,000 sale that just went through was mine.' Those trades are listed by MM name, are they 'real' trades. or are they something else? he reason I ask is that the high volumes of sales that have been reported are from these transaction records. If as you suggest the 'air' shares are not included in these records then where are they accounted for?
It is beyond me how anyone can say that illegal activity is going to be reported by the very people doing it.
If what you suggest is true, how do you expect to profit from it? If the brokers can take your money and lie about buying you shares, what stops them from claiming you don't have any shares and never did? Why would they have to cover anything? If as you say it is impossible to track all of the electronic transactions all they have to do is insert a few false trades and viola, all your shares are gone. They could Create falls sell and buy orders in your name and cover their tracks completely.
You see, this is where I lose the logic of the concept. If the claim is that the brokers are the crooks who are cheating you out of your money, how can anyone expect these criminals to obey the rules when it is time to cover? Yet the conspiracists seem to think that when the 'squeeze' comes, they will be guaranteed a profit.
Conversely, if one expects the brokers to obey the rules when it comes to fulfilling their obligations, why do they think they are not following the rules now?
Thank you for the reasoned response, it is a rare occurrence on these boards.
Sarcasm aside, is it your contention that if and when your broker discovered that the shares he had just purchased for you were 'air' shares, he would not report it?
DO you suggest that he would cover up the illegal trade?
If you think that there is a huge NSS across the entire RCCH market, are you suggesting that all the brokers are co-conspirators in the cover up?
I am asking these questions in all seriousness. I am trying to understand how it is supposed to work and how people think it possible for a naked short position to exist without it being reported.
Your broker, by NOT reporting an unsettled transaction would become instantly liable for those shares. He would be the one that had to cover in the event of a squeeze. Why would he risk that?
Nope.
Grain of salt time people.
Shares can be currently bought for .0001 per share as they have been for months on end. Most people with millions of these shares can't sell their shares at any price.
Some people claim however that they can sell them not once not twice but several times in a row at double that price. Think about that.
Anyone that can double their money every time they trade must be doing very well indeed. Doubling up only ten times would turn a hundred bucks into a hundred thousand. ($1,024,000.00). Isn't it funny how we are not seeing these people, with such a remarkable ability, churning the volumes into a froth? Isn't it funny that no one else seems to be blessed with such avenues to instant wealth?
You don't want to buy the Brooklyn Bridge and you don't need to buy into extraordinary claims.
Caveat Emptor.
People please don't get caught up in the drama of indignation and accusations, just concentrate on the facts.
These nether markets (pink sheets, OTC etc.) don't work like the NYSE. Your broker does not present your order to the market and match it up with another investor. On those markets both participants exchange their assets (shares, cash) directly and the brokers get paid a fee. It doesn't work that way here.
On this market all transactions take place between investors and Market Makers. The MMs both buy and sell shares to and from investors. They are square in the middle of every transaction. Unlike brokers who get a set fee for a transaction, MMs get a percentage of every trade. They buy shares from investors at the 'bid' and sell them to investors at the 'ask'. The difference between those prices is their profit. If they don't make a profit they don't trade. Simple as that.
Given those limitations, think about the facts and consider what is being claimed.
There has been no bid for several months.
Many people here have reported not being able to sell shares. Guess what, when there is no bid you can't sell.
Even when there is a bid, which never lasts long and never exceeds .0001, there are still many who can't sell even though they have been trying for months.
So here we have a situation where many investors have been trying to sell shares for months with and without a bid but can't get rid of their shares for anything, yet certain people claim that they not only sold shares at .0002 but have done so several times and always at the higher value. Not hit or miss, not some at .0001 and some at .0002 but always at .0002.
Think about it rationally. Don't consider who you trust and who you don't, don't think about who you like and who you don't and try to put your own emotions aside. Even though you know who you want to believe, just do the math.
This is the pink sheets, you cannot believe what you want to believe, this is scam central. Remember if it sounds too good to be true it probably is, and you can take this fact to the bank;
Anybody telling you they are consistently selling shares above the bid is telling you a tale. Caveat Emptor
I am not going to be drawn into any personal altercations or accusations, suffice is to say understand the way the pink sheet market works and the history of this stock and make your decisions based on facts and not what other people want you to believe.
No you don't.
Any body claiming to be able to sell at the 'ask' is selling something else.