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Now you are catching on...
On September 1, 2015, the Company entered into a Patent Sale Agreement with Escue Wind S.L, a Spanish corporation (the "Seller), whereby the Company acquired certain United States and Canadian Patents for a "Straight-Bladed Vertical Axis Wind Turbine". The consideration paid by the Company to the Seller is 40,000,000 shares of the Company's common stock, with the total value of the transaction being $40,000,000.00. The Chief Executive Officer of the Seller is Sohail Quraeshi, who is also the Chief Executive Officer, President and a Director of the Company, Sohail Quraeshi is the record owner of Escue Wind S.L.
Asset evaluation expert mystery solved?
Sohail asked Sohail how much the patents were worth and then Sohail handed Sohail 40,000,000 shares of ESCU. I wonder why it was so important to start up a new company in Spain for the share transfer..? And why is Sohail brokering this deal to himself? Why doesn't Saeed have control of his patents? Has anyone done a pulse check on Saeed lately?
Wind Escue SL was started a couple of months ago. How much did they pay for the patents that ESCU just bought for 40,000,000 shares at a value of $1.00 per share?
Related Party Transactions
On September 1, 2015, the Company entered into a Patent Sale Agreement with Escue Wind S.L, a Spanish corporation (the "Seller), whereby the Company acquired certain United States and Canadian Patents for a "Straight-Bladed Vertical Axis Wind Turbine". The consideration paid by the Company to the Seller is 40,000,000 shares of the Company's common stock, with the total value of the transaction being $40,000,000.00. The Chief Executive Officer of the Seller is Sohail Quraeshi, who is also the Chief Executive Officer, President and a Director of the Company, Sohail Quraeshi is the record owner of Escue Wind S.L.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10967047
Sohail Quraeshi- Chief Executive Officer, President and Director of ESCU
Sohail Quraeshi is also the holder of the Series A shares that give him 75% voting rights for ESCU.
I wonder if Saeed even knows whats going on? He owns no shares of the company and I don't see an employment contract for him in the S1.
I wonder what other interesting information can be found in the S1.
The SEC was not presented with any assets or an asset evaluation. I wonder why ESCU would want to leave that out of the S1?
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11055219
The third quarter financials show Escue Wind SL as a beneficial owner holding 40 million shares. So, the share transfer took place in the third quarter (or they falsified the financials). That was before they filed the S1. I wonder why they didn't want to present that asset to the SEC. That doesn't seem very transparent.
http://www.otcmarkets.com/financialReportViewer?symbol=ESCU&id=147134
No Reason to paint it down if the pps never changes.
January 21, 2016
01/21 2.00 1 OTO
01/21 2.00 3 OTO
01/21 2.00 1 OTO
01/21 2.00 60 OTO
01/21 2.00 100 OTO
01/21 2.00 1 OTO
Every sale went off at $2.00.
Because everyone who invested got reserved out of their stake in the "company". Plain and simple.
Correct. The paint illusion is false. People are just trying to cut bait. Kimmons needs to hire a new promotion team.
January 21, 2016
01/21 2.00 1 OTO
01/21 2.00 3 OTO
01/21 2.00 1 OTO
01/21 2.00 60 OTO
01/21 2.00 100 OTO
01/21 2.00 1 OTO
Every sale went off at $2.00. People who got screwed by Kimmons are just trying to get out before the next round of dilution that this scam is sure to create. No amount of spin can hide what is happening here and who is involved.
But, as usual, they will try again...
No one invests with this group. You donate to them.
Why would you have to paint when the pps is always below the offering price?
January 21, 2016
01/21 2.00 1 OTO
01/21 2.00 3 OTO
01/21 2.00 1 OTO
01/21 2.00 60 OTO
01/21 2.00 100 OTO
01/21 2.00 1 OTO
Every sale went off at $2.00. People who got screwed by Kimmons are just trying to get out before the next round of dilution that this scam is sure to create. No amount of spin can hide what is happening here and who is involved.
But, as usual, they will try again...
No one invests with this group. You donate to them.
2127 Shares Sold Since December 29th.
410 sold at or above the $2.50 pps share offering listed in the S1.
1717 sold below the $2.50 mark.
7-Jan 0.75 1
5-Jan 0.75 45
5-Jan 0.75 16
31-Dec 0.75 519
581
11-Jan 1.00 1
8-Jan 1.00 1
7-Jan 1.00 1
31-Dec 1.00 100
31-Dec 1.00 100
203
13-Jan 1.50 2
12-Jan 1.50 100
8-Jan 1.50 100
8-Jan 1.50 100
7-Jan 1.50 100
402
11:30 2.00 100
9:30: 2.00 1
19-Jan 2.00 1
19-Jan 2.00 120
14-Jan 2.00 1
12-Jan 2.00 100
323
31-Dec 2.40 131
30-Dec 2.40 1
29-Dec 2.40 31
29-Dec 2.40 43
29-Dec 2.40 1
207
29-Dec 2.44 1
1
12-Jan 2.50 200
12-Jan 2.50 100
300
20-Jan 3.00 100
13-Jan 3.00 10
110
THE OFFERING - (Sounds like fund raising to me)
Securities offered:
2,000,000 shares of Common Stock, $0.00001 par value per share
Offering price:
$2.50 per share
Shares outstanding prior to the offering:
41,135,059 shares of Common Stock
Shares to be outstanding after the offering, if fully subscribed:
43,635,059 shares of Common Stock
Use of proceeds:
$5,000,000
· General and Administrative Costs
· Blueprints and design for the 2, 10, 20 and 100 KW Wind Turbines
· Building 4 prototypes
· Testing
· Obtaining certification of prototypes by USA and Canadian authorities
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11055219
The only thing ESCU has for sale is an idea. They don't plan to have a product ready until 2020. The same year the patent with zero asset value that they bought with 40,000,000 shares expires.
THE OFFERING
Securities offered:
2,000,000 shares of Common Stock, $0.00001 par value per share
Use of proceeds:
$5,000,000
· General and Administrative Costs
· Blueprints and design for the 2, 10, 20 and 100 KW Wind Turbines
· Building 4 prototypes
· Testing
· Obtaining certification of prototypes by USA and Canadian authorities
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11055219
On September 1, 2015, the Company entered into a Patent Sale Agreement with Escue Wind S.L, a Spanish corporation (the "Seller), whereby the Company acquired certain United States and Canadian Patents for a "Straight-Bladed Vertical Axis Wind Turbine". The consideration paid by the Company to the Seller is 40,000,000 shares of the Company's common stock, with the total value of the transaction being $40,000,000.00. The Chief Executive Officer of the Seller is Sohail Quraeshi, who is also the Chief Executive Officer, President and a Director of the Company, Sohail Quraeshi is the record owner of Escue Wind S.L.
Rumor has it a yet to be named independent firm evaluated the patent's value. There was plenty of time to show the patent's asset value in the S1. I wonder why they wouldn't want the SEC to see that asset on the books? Why wouldn't they want potential investors to see that asset in the S1. I think they over paid for the patent if it has zero value as an asset.
The third quarter financials show Escue Wind SL had received the 40 million shares in exchange for the patent rights. They are listed as a beneficial owner holding 40 million shares.
So, the share transfer took place in the third quarter (or they falsified the financials). That was before they filed the S1. I wonder why they didn't want to present that asset to the SEC. That doesn't seem very transparent.
http://www.otcmarkets.com/financialReportViewer?symbol=ESCU&id=147134
Escue Wind is also listed in the S1 as a beneficial owner holding 40 million shares.
Still no assets for ESCU. I guess they overpaid for the patent.
Straight from the S1. I guess they over paid for the patent. 40 million shares and 0 asset value.
TOTAL ASSETS
$ 0
TOTAL CURRENT ASSETS
$ 0
Notes Receivable - net of current portion
$ 0
Property, plant and equipment, net
$ 0
Intangible assets
$ 0
Goodwill
$ 0
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11055219
The SEC was not presented with any assets or an asset evaluation. I wonder why ESCU would want to leave that out of the S1?
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11055219
The third quarter financials show Escue Wind SL as a beneficial owner holding 40 million shares. So, the share transfer took place in the third quarter (or they falsified the financials). That was before they filed the S1. I wonder why they didn't want to present that asset to the SEC. That doesn't seem very transparent.
http://www.otcmarkets.com/financialReportViewer?symbol=ESCU&id=147134
The SEC has not been presented with an asset evaluation
This is what ESCU gave the SEC
CURRENT ASSETS
Cash
$ 0
Accounts receivable(net)
$ 0
Notes receivable current portion
$ 0
TOTAL CURRENT ASSETS
$ 0
Notes Receivable - net of current portion
$ 0
Property, plant and equipment, net
$ 0
Intangible assets
$ 0
Goodwill
$ 0
TOTAL ASSETS
$ 0
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11055219
There are no assets listed in the S1
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR INDEPENDENCE
Related Party Transactions
On September 1, 2015, the Company entered into a Patent Sale Agreement with Escue Wind S.L, a Spanish corporation (the "Seller), whereby the Company acquired certain United States and Canadian Patents for a "Straight-Bladed Vertical Axis Wind Turbine". The consideration paid by the Company to the Seller is 40,000,000 shares of the Company's common stock, with the total value of the transaction being $40,000,000.00. The Chief Executive Officer of the Seller is Sohail Quraeshi, who is also the Chief Executive Officer, President and a Director of the Company, Sohail Quraeshi is the record owner of Escue Wind S.L.
THE OFFERING
Securities offered:
2,000,000 shares of Common Stock, $0.00001 par value per share
Offering price:
$2.50 per share
Shares outstanding prior to the offering:
41,135,059 shares of Common Stock
Shares to be outstanding after the offering, if fully subscribed:
43,635,059 shares of Common Stock
Use of proceeds:
$5,000,000
· General and Administrative Costs
· Blueprints and design for the 2, 10, 20 and 100 KW Wind Turbines
· Building 4 prototypes
· Testing
· Obtaining certification of prototypes by USA and Canadian authorities
Sounds like fund raising to me. It also looks like they reversed investors out of all of the shares they had purchased.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11055219
New Team??
SHAHMIR QURAESHI - CFO
Is this our CFO? Sounds like a really nice guy.
http://jail.com/arrest-records/shahmir-quraeshi-6702235
Are we going to have to terminate our CFO, Shahmir Quraeshi so this claim in the S1 will be true.
INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS
None of our officer nor directors, promoters or control persons have been involved in the past ten years in any of the following:
(1)Any bankruptcy petition filed by or against any business of which such person was a general partner or executive officer either at the time of the bankruptcy or within two years prior to that time;
(2)Any conviction in a criminal proceeding or being subject to a pending criminal proceeding (excluding traffic violations and other minor offenses);
(3)Being subject to any order, judgment or decree, not subsequently reversed, suspended or vacated, or any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting his involvement in any type of business, securities or banking activities; or
(4)Being found by a court of competent jurisdiction (in a civil action), the Commission or the Commodity Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended, or vacated.
2127 Shares Sold Since December 29th.
410 sold at or above the $2.50 pps share offering listed in the S1.
1717 sold below the $2.50 mark.
7-Jan 0.75 1
5-Jan 0.75 45
5-Jan 0.75 16
31-Dec 0.75 519
581
11-Jan 1.00 1
8-Jan 1.00 1
7-Jan 1.00 1
31-Dec 1.00 100
31-Dec 1.00 100
203
13-Jan 1.50 2
12-Jan 1.50 100
8-Jan 1.50 100
8-Jan 1.50 100
7-Jan 1.50 100
402
11:30 2.00 100
9:30: 2.00 1
19-Jan 2.00 1
19-Jan 2.00 120
14-Jan 2.00 1
12-Jan 2.00 100
323
31-Dec 2.40 131
30-Dec 2.40 1
29-Dec 2.40 31
29-Dec 2.40 43
29-Dec 2.40 1
207
29-Dec 2.44 1
1
12-Jan 2.50 200
12-Jan 2.50 100
300
20-Jan 3.00 100
13-Jan 3.00 10
110
Just can't shake that chill...
01/19 2.00 1 OTO
01/19 2.00 120 OTO
01/14 2.00 1 OTO
01/13 1.50 2 OTO
01/13 3.00 10 OTO
01/12 2.50 200 OTO
01/12 2.50 100 OTO
01/12 2.00 100 OTO
01/12 1.50 100 OTO
01/11 1.00 1 OTO
01/08 1.50 100 OTO
01/08 1.50 100 OTO
01/08 1.00 1 OTO
01/07 1.00 1 OTO
01/07 0.75 1 OTO
01/07 1.50 100 OTO
01/05 0.75 45 OTO
01/05 0.75 16 OTO
12/31 0.75 519 OTO
12/31 1.00 100 OTO
12/31 1.00 100 OTO
12/31 2.40 131 OTO
12/30 2.40 1 OTO
12/29 2.40 31 OTO
12/29 2.40 43 OTO
12/29 2.40 1 OTO
12/29 2.44 1 OTO
12/28 2.40 1 OTO
12/28 2.40 2 OTO
12/28 2.40 1 OTO
The ESCU Vision:
Our vision is to make small wind turbines an affordable renewable energy option for homes, farms, remote communities, villages and business in every power generation application, a reality by the year 2020.
Stock transfer between ESCU and Escue Wind SL was nothing more than Sohail transferring 40 million shares of ESCU (a public US company) to Escue Wind SL (a private Spanish company). He happens to be CEO of both companies.
Asset valuation of the patents was not documented. Sohail picked a number and transferred himself shares to his private Spanish company.
The "technology" surrounding this patent purchase is the unproven theory of the CEO's dad.
Are we really expected to wait until 2020 (when the patent is no longer valid) to see if this idea has any merit? If it is worth while what stops larger companies from taking the idea? In 2020 the patent will be void and investors will have funded a public domain technology. That is being generous and assuming this theoretical minor modification to a windmill will have any value four years from now.
Same group of scammers, new scam.
More about Escué WIND SL
The company Escué WIND SL. It is located in the town of Marbella province of Malaga. Escué WIND SL. It was incorporated on 02.24.2015 with the aim "to promote, design, construct, operate, manage and administer stations that use as primary energy, renewable energy, and to conduct activities related to the functioning and operation of such facilities. promotion and realization of projects, studies and other "and is dedicated to the NACE activity" Production of energy nec (from tides, solar, etc.). "If you are interested in learning more company data Escué WIND SL. You can immediately access this expanded report of Escué WIND SL. and view the results of its 0 years of activity, as well as balance sheets and income statements available.
Last updated company report has been made 05/25/2015.
So the 40,000,000 shares Sohail gave to himself and his brand new company in Spain don't exist?
I wonder if Saeed even knows whats going on? He owns no shares of the company and I don't see an employment contract for him in the S1. Has anyone done a pulse check on this guy recently?
It went like this. Sohail at ESCU asked Sohail at Ecsue Wind how much the patents were worth and then Sohail handed Sohail 40,000,000 shares of ESCU. I wonder why it was so important to start up a new company in Spain for the share transfer..? And why is Sohail brokering this deal to himself? Why doesn't Saeed have control of his patents? Has anyone done a pulse check on Saeed lately?
Wind Escue SL was started a couple of months ago. How much did they pay for the patents that ESCU just bought for 40,000,000 shares at a value of $1.00 per share?
Related Party Transactions
On September 1, 2015, the Company entered into a Patent Sale Agreement with Escue Wind S.L, a Spanish corporation (the "Seller), whereby the Company acquired certain United States and Canadian Patents for a "Straight-Bladed Vertical Axis Wind Turbine". The consideration paid by the Company to the Seller is 40,000,000 shares of the Company's common stock, with the total value of the transaction being $40,000,000.00. The Chief Executive Officer of the Seller is Sohail Quraeshi, who is also the Chief Executive Officer, President and a Director of the Company, Sohail Quraeshi is the record owner of Escue Wind S.L.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10967047
Sohail Quraeshi- Chief Executive Officer, President and Director of ESCU
Sohail Quraeshi is also the holder of the Series A shares that give him 75% voting rights for ESCU.
I wonder if Saeed even knows whats going on? He owns no shares of the company and I don't see an employment contract for him in the S1.
This sounds just like Kimmons. We can't find a single thing Quraeshi has accomplished since the 1980's. Well, except for "consulting".
But, his family wants shareholders of ESCU to give him 40 million shares for a patent no one has ever had any interest in and expires in 4 years.
We also can't find the name of the person who "appraised" this patent. It could have been anyone. The kids could have just asked dad what he thought it was worth and they ran with it.
RISKS RELATED TO OUR COMPANY AND OUR INDUSTRY
EMERGING GROWTH COMPANY STATUS. We are an "emerging growth company," as defined in the Jumpstart Our Business Startups Act, or the JOBS Act. For as long as we continue to be an emerging growth company, we may take advantage of exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies, including not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, delay compliance with new or revised accounting standards that have different effective dates for public and private companies until they are made applicable to private companies, reduced disclosure obligations regarding executive compensation in our periodic reports and proxy statements and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved. We could be an emerging growth company for up to five years, although we could lose that status sooner if our revenues exceed $1 billion, if we issue more than $1 billion in non-convertible debt in a three year period, or if the market value of our common stock held by non-affiliates exceeds $700 million as of any June 30 before that time, in which case we would no longer be an emerging growth company as of the following December 31. We cannot predict if investors will find our common stock less attractive because we may rely on these exemptions. We have decided to take advantage of the exemptions provided to emerging growth companies and as a result our financial statements may not be comparable to companies that comply with public company effective dates. In addition, some investors might find our common stock less attractive as a result, there may be a less active trading market for our common stock and our stock price may be more volatile.
Just can't shake that chill...
01/19 2.00 1 OTO
01/19 2.00 120 OTO
01/14 2.00 1 OTO
01/13 1.50 2 OTO
01/13 3.00 10 OTO
01/12 2.50 200 OTO
01/12 2.50 100 OTO
01/12 2.00 100 OTO
01/12 1.50 100 OTO
01/11 1.00 1 OTO
01/08 1.50 100 OTO
01/08 1.50 100 OTO
01/08 1.00 1 OTO
01/07 1.00 1 OTO
01/07 0.75 1 OTO
01/07 1.50 100 OTO
01/05 0.75 45 OTO
01/05 0.75 16 OTO
12/31 0.75 519 OTO
12/31 1.00 100 OTO
12/31 1.00 100 OTO
12/31 2.40 131 OTO
12/30 2.40 1 OTO
12/29 2.40 31 OTO
12/29 2.40 43 OTO
12/29 2.40 1 OTO
12/29 2.44 1 OTO
12/28 2.40 1 OTO
12/28 2.40 2 OTO
12/28 2.40 1 OTO
The S1 is pretty clear on the subject...
INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS
None of our officer nor directors, promoters or control persons have been involved in the past ten years in any of the following:
(1)Any bankruptcy petition filed by or against any business of which such person was a general partner or executive officer either at the time of the bankruptcy or within two years prior to that time;
(2)Any conviction in a criminal proceeding or being subject to a pending criminal proceeding (excluding traffic violations and other minor offenses);
Are we going to have to terminate our CFO, Shahmir Quraeshi so this claim in the S1 will be true. Will more people need to go?
INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS
None of our officer nor directors, promoters or control persons have been involved in the past ten years in any of the following:
(1)Any bankruptcy petition filed by or against any business of which such person was a general partner or executive officer either at the time of the bankruptcy or within two years prior to that time;
(2)Any conviction in a criminal proceeding or being subject to a pending criminal proceeding (excluding traffic violations and other minor offenses);
(3)Being subject to any order, judgment or decree, not subsequently reversed, suspended or vacated, or any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting his involvement in any type of business, securities or banking activities; or
(4)Being found by a court of competent jurisdiction (in a civil action), the Commission or the Commodity Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended, or vacated.
Post Unavailable
Additional Information
This is the same Kimmons crew selling a new scam.
How did Sohail do as as eDoorways' Chief Strategist to the Global Marketing Advisory Board? Not one dollar earned. This is all nothing but made up stories and forward looking garbage statements.
Senior Advisor and Chief Strategist to eDoorways' Global Marketing Advisory Board... Sohail Quraeshi
"After meeting with eDoorways' management team for the first time, I knew this was a venture that I could be of great benefit to," stated Terry Samaras. "The technology and innovation that the eDoorways team exhibits, makes me certain this will be a very successful project." Terry is passionate about supporting visionary leaders by means of change and growth, and is expected to assist eDoorways with global recognition and development
Snap Trends technology is poised to replace traditional marketing
Snap Trends is a fully working body of software that is ready for implementation
What did ESCU get for handing over 40,000,000 shares to a company Sohaili started in Spain a few months ago?
CURRENT ASSETS
Cash
$ 0
$ 0
Accounts receivable(net)
$ 0
$ 0
Notes receivable current portion
$ 0
$ 0
TOTAL CURRENT ASSETS
$ 0
$ 0
Notes Receivable - net of current portion
$ 0
$ 0
Property, plant and equipment, net
$ 0
$ 0
Intangible assets
$ 0
$ 0
Goodwill
$ 0
$ 0
TOTAL ASSETS
$ 0
$ 0
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10967047
1956...1965...1982...1988...
This sounds just like Kimmons. We can't find a single thing this guy has accomplished since the 1980's. Well, except for "consulting".
But, his family wants shareholders of ESCU to give him 40 million shares for a patent no one has ever had any interest in and expires in 4 years.
We also can't find the name of the person who "appraised" this patent. It could have been anyone. The kids could have just asked dad what he thought it was worth and they ran with it.
SHAHMIR QURAESHI - CFO
Is this the CFO? Sounds like a really nice guy.
http://jail.com/arrest-records/shahmir-quraeshi-6702235
Are we going to have to terminate our CFO, Shahmir Quraeshi so this claim in the S1 will be true.
INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS
None of our officer nor directors, promoters or control persons have been involved in the past ten years in any of the following:
(1)Any bankruptcy petition filed by or against any business of which such person was a general partner or executive officer either at the time of the bankruptcy or within two years prior to that time;
(2)Any conviction in a criminal proceeding or being subject to a pending criminal proceeding (excluding traffic violations and other minor offenses);
(3)Being subject to any order, judgment or decree, not subsequently reversed, suspended or vacated, or any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting his involvement in any type of business, securities or banking activities; or
(4)Being found by a court of competent jurisdiction (in a civil action), the Commission or the Commodity Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended, or vacated.
This is the same Kimmons crew selling a new scam.
How did Sohail do as as eDoorways' Chief Strategist to the Global Marketing Advisory Board? Not one dollar earned. This is all nothing but made up stories and forward looking garbage statements.
Senior Advisor and Chief Strategist to eDoorways' Global Marketing Advisory Board... Sohail Quraeshi
"After meeting with eDoorways' management team for the first time, I knew this was a venture that I could be of great benefit to," stated Terry Samaras. "The technology and innovation that the eDoorways team exhibits, makes me certain this will be a very successful project." Terry is passionate about supporting visionary leaders by means of change and growth, and is expected to assist eDoorways with global recognition and development
Snap Trends technology is poised to replace traditional marketing
Snap Trends is a fully working body of software that is ready for implementation
This stock was at .14 two months ago after the r/s and during the last promo. It crashed hard when the volume came in. It looks like they are trying to walk up the price before the next sell off. There are a ton of people looking to sell into any volume and get out of this mess.
This is a Kimmons' stock. the guy hasn't produced a single thing in his life. This is the same stock scam Kimmons was running over at eDoorways.
He is even trying to sell the same idea.
There will never be a product.
This stock was at .14 2 months ago after the r/s and during the last promo. This is a Kimmons' stock. the guys hasn't produced a single thing in his life. Play this for the stock scam that it is. There will never be a product.
An amended S1 was filed on December 10th. I haven't had a chance to look at what was updated.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11055219
Are we going to have to terminate our CFO, Shahmir Quraeshi so this claim in the S1 will be true.
INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS
None of our officer nor directors, promoters or control persons have been involved in the past ten years in any of the following:
(1)Any bankruptcy petition filed by or against any business of which such person was a general partner or executive officer either at the time of the bankruptcy or within two years prior to that time;
(2)Any conviction in a criminal proceeding or being subject to a pending criminal proceeding (excluding traffic violations and other minor offenses);
(3)Being subject to any order, judgment or decree, not subsequently reversed, suspended or vacated, or any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting his involvement in any type of business, securities or banking activities; or
(4)Being found by a court of competent jurisdiction (in a civil action), the Commission or the Commodity Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended, or vacated.