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The paid IRP's have left the building....sorry.....
Vertitek's corporate home office scam uncovered!:
http://www.ripoffreport.com/r/wyoming-corporate-services-inc/cheyenne-wyoming-82001/wyoming-corporate-services-inc-wyomingcompanycom-reuters-special-report-a-little-hous-1107690
https://www.ftc.gov/sites/default/files/documents/cases/131119yellowpagescmpt.pdf
http://www.ag.nd.gov/documents/09-17-13CDDirectRecoveryService.pdf
http://www.reuters.com/article/2011/06/28/oukwd-uk-usa-shell-companies-idAFTRE75R22L20110628
Actually...the Outstanding Shares are much higher. According to the latest 8-K out yesterday, there are 63.8 million shares, plus an additional 20 million being eligible for conversion for the Series A Preferred stock - for a total of 83.8 million. Contrary to your post, that is not "low" for a stock that has 2 employees, a test drone, and no products or revenues.
Nothing to see here folks... move along....
https://s3.amazonaws.com/img.ultrasignup.com/events/raw/6a76f4a3-4ad2-4ae2-8a3b-c092e85586af.jpg
Janice - thanks for sharing - this dog is one of the most heavily pumped scams that I have seen in quite some time and all of the usual suspects (IRP's) are on this board.
Of particular note - the beneficial owner of this POS is a company called Fen Holdings & Investments, is controlled by a Mr. Juergen Krause. Not so coincidentally, Mr. Krause was part of the GTSO scam as controlling person at Paradigm Capital Corp - another offshore entity: http://www.sec.gov/Archives/edgar/data/874792/000114420410066968/v205236_sc13d.htm
These offshore entities are just another way for the principals, Kathleen Delaney, Michael Franklin, Thomas Cloud, Eddie Austin Jr, et. al. to hide their participation in this one man show. Hammack is just a puppet for these scam artists.
Nice Haircut....can we expect yet another double digit dip tomorrow?
Background info for SEC complaint: http://seekingalpha.com/article/3180406-revisiting-valmie-resources-a-host-of-issues-to-consider
Info on how to make a complaint with the SEC: http://www.sec.gov/complaint.shtml
$VMRI Investor information - MUST READ:
http://seekingalpha.com/article/3180406-revisiting-valmie-resources-a-host-of-issues-to-consider
Yup - 1:100 Reverse Split announced: http://otce.finra.org/DailyList
Can flogging a dead horse make it bounce?
https://australianclimatemadness.files.wordpress.com/2011/11/flogging_dead_horse_what1.jpg
EPIC FAIL - LOL!
"On May 12, 2015, GBH CPAs, PC (“GBH”) informed On the Move Systems Corp. (the “Company”) that they had decided not to stand for reappointment as our independent registered public accounting firm. GBH’s report on the financial statements for the years ended February 28, 2014" - so basically, ignore the financials for the past year....
Uh-oh! Warning - change of accountants! Even worse, the new one is the king of stinky pinky accounting firms, Malone Bailey
Good Gawd - $23,000 for a ONE day Promo
Off topic - sorta....Nedra - seriously flattered by the tag line: http://issuu.com/trentdaniel/docs/2012_lovin__life_radio_media_kit__np_22
Choc Al:...Wonder why the "ringleader" is never "vanilla"
suggest taking some profits before the bottom falls out completely....
"VMRI moving on news" - kinda like that sound it makes when you flush the toilet.....
This is not "News" - this is simply the company setting up a deal with Michael Franklin's scam entities in China.
A press release from a one man operation about an app he hopes to develop that would somehow make better use of metadata produced by larger firms who already have teams of programmers, systems, and professionals that already perform this function? And how exactly would Robert Wilson, the sole employee at OMVS, market this and generate revenue?
Robert goes on to tout his prototype, yet to be marketed (or even seen) "revolutionary online platform" - yet is so completely generic in his press release stating: "Big Data includes marketing, research and management applications, such as using information from a wide variety of sources to come to better business decisions." <yawn> - what exactly does this mean - this has absolutely no specifics of what he propose to bring as a value added proposition to the trucking industry??
Again, not taking anything away from the fabulous gains you have made this week - seriously nice! - but just a note of caution and not get hung up on the company hype:
In response to your message about OMVS and what they do - take a closer look at the corporate website you provided a link for and ask yourself - "what is it that these guys really do?" Clearly from the website, they show lots of shiny glossy photos of trucks and truckers, touting fancy capabilities - but what if you were actually in the market to use their services - don't you find it a little strange that the only contact is with a virtual office at 701 N. Green Valley Parkway Suite 200, Henderson, Nevada 89074 - home to a number of other scams (example: http://www.complaintsboard.com/complaints/at-home-publishing-fraud-alert-c687609.html ) - it is no surprise that you did not actually get to talk with a real employee - simply a phone bank to point you to the investors website and an IR package. If this were a real business, one would expect the call center to ask a simple question - "are you a customer?"
Also take a look at the link I provided in previous posts about Robert Wilson, the sole employee of this venture. From the corporate website, it states:
"His comprehensive business experience includes consulting with companies in aviation, energy, oil and gas, IT and healthcare."
More specifically, look at his involvement with SEC suspended gems like GAEC/GFET, AAVG, and MYHA.
"Mr. Wilson will utilize his expertise in the transportation business and investment banking to spearhead OMVS’ new initiative to create a new kind of online transportation...." - Mr. Wilson, unfortunately, has no such transportation experience.
Additional light reading on Mr. Wilson:
https://www.finra.org/sites/default/files/publication_file/MonthlyDisciplinaryActionsSeptember1996.pdf
https://www.sec.gov/news/press/2011/2011-101.htm
https://www.sec.gov/litigation/suspensions/2009/34-60410.pdf
Just curious the name of the employee you talked with?
"...OWOO isn't going to be paying the bills much longer.".... did I miss something? I thought they were protecting shareholders by not paying any bills.....
Darling, WHC, and the Harris County taxing authorities want to know if there is still a chance.....
Wonder if Donna Harvey is feeling like Li Hejun today.....
http://money.cnn.com/2015/05/21/investing/china-hanergy-stock-plunge/index.html
Congrats on the run, but let's be clear - this company has never followed through on any of its plans and is clearly a pump and dump scheme. The Uber Truck deal is just another ruse to bring in more naive investors hopping on the latest "Uber" trends in the news.
More on Robert Wilson, CEO, here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110717852
Sales of $739....
About 34 dolls...
About 1 doll sold every 3 days....
at a loss of $1068.....
On the flip side:
$10,628,915 in G&A, R&D, Depreciation, Interest expense and other losses for the quarter.....
Translates to about $313k loss per doll....
Spending about $118k per day.....
Priceless.....
I agree, adding "tax evader" onto the list of "fraud", "felon", and "breach of contract" seems trite.....
To answer your question, last year's sales numbers are shown in this latest 10Q:
1st quarter 2014 = $2293
1st quarter 2015 = $739 - a drop of 68% - this is AFTER getting Walmart.com, Toys R US, HEB, Fiesta, etc... and after their much ballyhoo'd "success" at Toy Fair 2015
The "good" news on those paltry sales is that they only lost $329 on that effort....
Regarding Trent's statement that he has created his "Million Dollar" in sales - the tally is now up to $130,808 since inception thru March 31 (according to the 10Q filed on May 19) - which means that when he made that statement 2 weeks earlier on May 1, he has either made a whopping $869,192 in sales in the month of April, or he is lying. We will know soon enough when the next 10Q is released which will cover April.
Regarding the "BIG, BIG" news, I suspect we have already seen it (the 10Q) - the current outstanding share is reported at 276 million, plus an additional 24 million issued subsequently to the report - putting us at 300 million - almost another 20% increase just since the 1st of the year.
The potential convertible shares topped 2.048 Billion (yes, with a "B"), increasing another 148 million since the last report.
However, the most alarming "Big, Big" news is the working capital deficit (the immediate cash needs to run the company) - it grew from just over $6 million at the end of 2014 to a whopping $16.8 million at the end of March - in other words they are literally bleeding money to the tune of $10.8 million increase for the quarter.
VMRI Press Release translation:
1. We have one employee
2. We have one UAV that has flown a test flight
3. We have no commercially available products and have no revenue
4. We attended a trade show
5. We acquired Veritek, who claims to be a "frontrunner" in technology, yet they have no products
6. We hope to assist non-profit organizations with search and rescue with no hopes of receiving any compensation for those services
7. We hope to be a "premier provider of UAV products and services to commercial clients worldwide" - but hopes and dreams are not backed by any technical staff, money, technology, or products to do so.
8. We hope to build shareholder value by acquiring other companies, but have no funds to do so.
More on the Company here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113803881
Update on Civil Case #201129542 (Delinquent Taxes) - ALIEF INDEPENDENT SCHOOL DISTRICT vs. DANIEL, SARAH M (INDIVIDUALLY & DBA IMAGINE INTERN), including Trent "Slick" Daniel and Elizabeth "Rules Don't Apply To Me" Melton: Default Judgment in favor of Plaintiffs entered on May 15, 2015
The defendants never even entered a defense and were basically a no-show.
Convertible notes for bogus PR work flooding the market is what is happening....watch out for the falling knife....
Acquisition talk is all bogus! The company has no money, no product, no revenue, and two guys in a garage pretending to have knowledge to run a paper company.
Must read articles for all new investors in VMRI:
http://seekingalpha.com/article/3094096-valmie-resources-two-guys-one-drone-and-a-150m-market-cap
http://seekingalpha.com/article/3180406-revisiting-valmie-resources-a-host-of-issues-to-consider
Regarding the "potential" acquisition.....with $5277 in the bank, that acquisition ought to go real far - hope they have enough money left over for the batteries to plug into their UAV's....