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Medical marijuana CEO failed to disclose criminal history from 1990s
http://www.wtae.com/article/medical-marijuana-ceo-failed-to-disclose-criminal-history-from-1990s/13532249
The competition for Pennsylvania's medical marijuana business was fierce, with hundreds of companies applying for only a dozen grower licenses.
Action News Investigates has learned the state is just now doing background checks on these companies -- even though they've already been licensed.
Action News Investigates also found the CEO of one of those winning companies has a criminal history.
The company being used in the UNVC pump and dump
They are the ones that suposedly make UNVC legitimate. LOL
AGRiMED Industries CEO addresses past conviction
Bob Niedbala Nov 17, 2017 Updated Nov 18, 2017
https://observer-reporter.com/news/localnews/agrimed-industries-ceo-addresses-past-conviction/article_168877a2-cbab-11e7-9bfa-f703aaec35c4.html
The head of AGRiMED Industries, the company that received a state license to run a medical marijuana growing operation in Cumberland Township, has amended information provided in the company’s license application after it was revealed he failed to disclose a 20-year-old criminal conviction.
Sterling Crockett, company chief executive officer, failed to include in background information in the application a conviction in New York on charges connected to an alleged scheme to use minority-owned companies to gain government asbestos-removal contracts.
Crockett, of Rockville, Md., said in a statement issued Thursday by a company attorney he misunderstood the question on the application asking whether he had been convicted of a crime more serious than a summary offense.
“My statement on the application was in no way a deliberate omission,” Crockett said. “Legal terminology varies from state to state, as does the subtle nuances between the laws of different states. As I understood the question, I answered honestly and factually,” he said.
Crockett said he provided supplemental information regarding the conviction to the state Department of Health, which oversees the medical marijuana program, after the matter was brought to his attention by a reporter for a local television station.
April Hutcheson, Health Department communications director, said the department cannot, by law, discuss the results of any individual’s background check.
It is important to note, Hutcheson said, the permit to grow marijuana was issued to the company, not to an individual.
“If someone in the company has something in their criminal history that would prevent them, under the regulations, from participating, whether it’s a security guard, cashier or financial backer, that person would have to be removed,” she said.
“… In order for (the company) to begin to grow marijuana, everyone has to meet all of the requirements,” she said.
Crockett was indicted in New York in 1995. According to newspaper accounts, prosecutors alleged the company of which Crockett, then 33, was listed as president, Precision Abatement Corp., had actually been formed by members of a New York City organized crime group to illegally obtain government minority contracts for asbestos removal.
Crockett pleaded guilty in 1998 to a misdemeanor count of offering a false instrument. He was sentenced to a one-year conditional discharge and ordered to pay a $90 fine.
According to the web page of the New York County district attorney, conditional discharge is imposed when the court believes neither jail nor probation is appropriate. The court requires the defendant to lead a law-abiding life, and if ordered, participate in specific programs or avoid contact with certain people, it said.
Crockett said the charge to which he pleaded is considered a “relatively minor infraction” under New York law. He said he was told when he entered his plea the disposition would not be on his record.
Crockett said the conviction is something he has never tried to hide in any federal or state applications. He noted he has received security clearances from the U.S. Department of Defense for various projects, including work at the Pentagon, and information about the conviction has never proven to be an issue.
Crockett said he has worked hard over the years to build his reputation, engender trust and produce quality work.
“I have maintained a disciplined approach to high standards of accountability, authenticity, while also recognizing the impactful humanist side of business that has led me to seek opportunities that benefit the public at large. And I am very proud of what I have accomplished,” he said.
AGRiMED was one of 12 companies that received licenses to grow and process marijuana under the state’s new medical marijuana program.
Its application received the highest score in the evaluation process used to award the licenses. The state received 177 applications for the 12 licenses.
According to a biography on the AGRiMED website, Crockett has served as president of Sterling Construction Services Inc., a general contracting firm, and is founder of The Coulson Agency, a business consulting, mentorship and investment firm. He also is general manager of GTI-Maryland and is leading the company’s efforts to secure minority investors in a campaign to build a medical marijuana growing facility in Maryland.
AGRiMED Industries CEO addresses past conviction
Bob Niedbala Nov 17, 2017 Updated Nov 18, 2017
https://observer-reporter.com/news/localnews/agrimed-industries-ceo-addresses-past-conviction/article_168877a2-cbab-11e7-9bfa-f703aaec35c4.html
The head of AGRiMED Industries, the company that received a state license to run a medical marijuana growing operation in Cumberland Township, has amended information provided in the company’s license application after it was revealed he failed to disclose a 20-year-old criminal conviction.
Sterling Crockett, company chief executive officer, failed to include in background information in the application a conviction in New York on charges connected to an alleged scheme to use minority-owned companies to gain government asbestos-removal contracts.
Crockett, of Rockville, Md., said in a statement issued Thursday by a company attorney he misunderstood the question on the application asking whether he had been convicted of a crime more serious than a summary offense.
“My statement on the application was in no way a deliberate omission,” Crockett said. “Legal terminology varies from state to state, as does the subtle nuances between the laws of different states. As I understood the question, I answered honestly and factually,” he said.
Crockett said he provided supplemental information regarding the conviction to the state Department of Health, which oversees the medical marijuana program, after the matter was brought to his attention by a reporter for a local television station.
April Hutcheson, Health Department communications director, said the department cannot, by law, discuss the results of any individual’s background check.
It is important to note, Hutcheson said, the permit to grow marijuana was issued to the company, not to an individual.
“If someone in the company has something in their criminal history that would prevent them, under the regulations, from participating, whether it’s a security guard, cashier or financial backer, that person would have to be removed,” she said.
“… In order for (the company) to begin to grow marijuana, everyone has to meet all of the requirements,” she said.
Crockett was indicted in New York in 1995. According to newspaper accounts, prosecutors alleged the company of which Crockett, then 33, was listed as president, Precision Abatement Corp., had actually been formed by members of a New York City organized crime group to illegally obtain government minority contracts for asbestos removal.
Crockett pleaded guilty in 1998 to a misdemeanor count of offering a false instrument. He was sentenced to a one-year conditional discharge and ordered to pay a $90 fine.
According to the web page of the New York County district attorney, conditional discharge is imposed when the court believes neither jail nor probation is appropriate. The court requires the defendant to lead a law-abiding life, and if ordered, participate in specific programs or avoid contact with certain people, it said.
Crockett said the charge to which he pleaded is considered a “relatively minor infraction” under New York law. He said he was told when he entered his plea the disposition would not be on his record.
Crockett said the conviction is something he has never tried to hide in any federal or state applications. He noted he has received security clearances from the U.S. Department of Defense for various projects, including work at the Pentagon, and information about the conviction has never proven to be an issue.
Crockett said he has worked hard over the years to build his reputation, engender trust and produce quality work.
“I have maintained a disciplined approach to high standards of accountability, authenticity, while also recognizing the impactful humanist side of business that has led me to seek opportunities that benefit the public at large. And I am very proud of what I have accomplished,” he said.
AGRiMED was one of 12 companies that received licenses to grow and process marijuana under the state’s new medical marijuana program.
Its application received the highest score in the evaluation process used to award the licenses. The state received 177 applications for the 12 licenses.
According to a biography on the AGRiMED website, Crockett has served as president of Sterling Construction Services Inc., a general contracting firm, and is founder of The Coulson Agency, a business consulting, mentorship and investment firm. He also is general manager of GTI-Maryland and is leading the company’s efforts to secure minority investors in a campaign to build a medical marijuana growing facility in Maryland.
doubt and skepticism
https://twitter.com/ManzoManagement/status/925764609927245826
https://twitter.com/robertritch/status/916306056858488833
read the replies
Odd behavior
They are correcting a bad translation of a contract from OVER 1 YEAR AGO ???
that suggests someone of heft is looking at OLD filings and comparing them to reality today and finding them lacking
What would be the status
of a hemp oil transdermal patch? One would think that a transdermal patch is a drug delivery system, thus making any hemp or CBD product inelegible.
UNVC at one time got a label code for a transdermal patch. (They didnt actually have a patch, just got a label code)
Agrimed, a private MJ grower is putting out tweets and PR's about "partnering" with the long dormant UNVC. Supposedly an MJ transdermal patch is in the works
Me thinks that UNVC is simply using the private Agrimed to do an outrageous promotion, it couldn't do otherwise.
I talked to elbert
he told me dalton is a scumbag first class. It is the same Univec
I believe both are scumbags
Really?
So why is the orginal case against the scumbag, deadbeat, david dalton?
Name: KEENAN, MARY F
Connection to Complaint: ATTORNEY FOR PLAINTIFF
Address: 100 HOLLIDAY STREET
City: BALTIMOREState:MDZip Code:21202
If Person is Attorney: Attorney Code:007192Attorney's Firm:BA CITY LAW DP-CITY HALL
Name: DALTON, DAVID
Connection to Complaint: DEFENDANT
Address: SURVG DIR/TRSTE FOR ASSETS OF UNIVEC INC
Address: 38 STAG'S LEAP COURT
City: PIKESVILLEState:MDZip Code:21208
Name: KEENAN, MARY F
Connection to Complaint: ATTORNEY FOR PLAINTIFF
Address: 100 HOLLIDAY STREET
City: BALTIMOREState:MDZip Code:21202
If Person is Attorney: Attorney Code:007192Attorney's Firm:BA CITY LAW DP-CITY HALL
Name: ELBERT, MICHAEL
Connection to Complaint: DEFENDANT
Address: SUR/DIR & TRUSTEE ASSETS OF UNIVEC INC
Address: 201 N CALVERT ST #1802
City: BALTIMOREState:MDZip Code:21201-4167
Name: MAYOR AND CITY COUNCIL OF BALTIMORE
Connection to Complaint: PLAINTIFF
Address: 200 N HOLLIDAY STREET
Address: ROOM 1 MUNICIPAL BUILDING
City: BALTIMOREState:MDZip Code:21202
MONEY JUDGMENT
ORIGINAL JUDGMENT
Judgment Against:
Dr. David L. Dalton
Judgment in Favor of:
The City Of Baltimore Development Corporation,
Judgment Entered Date: 11/21/2008 Other Fee: $5,379.07
Amount of Judgment: $129,904.56 Service Fee: $0.00
PreJudgment Interest: $10,271.45 Witness Fee: $0.00
Appearance Fee: $0.00 Attorney Fee: $16,944.07
Filing Fee: $0.00 Total Indexed Judgment: $129,904.56
JUDGMENT MODIFICATIONS
Against: Dr. David L. Dalton
For: The City Of Baltimore Development Corporation
Judgment Entered Date: 11/21/2008 Amount: $129,904.56
Status Date: 06/16/2009 Status: VACATED
Comments: Individually & as Trustee for the assets of Univec, Inc, a forfeited Maryland & Delaware Corporation
MONEY JUDGMENT
ORIGINAL JUDGMENT
Judgment Against:
Dalton, David L Dr
Judgment in Favor of:
The City Of Baltimore Development Corporation,
Judgment Entered Date: 06/16/2009 Other Fee: $0.00
Amount of Judgment: $129,293.30 Service Fee: $0.00
PreJudgment Interest: $0.00 Witness Fee: $0.00
Appearance Fee: $0.00 Attorney Fee: $0.00
Filing Fee: $0.00 Total Indexed Judgment: $129,293.30
Comments: Trustee for the assets of Univec, Inc, a forfeited Maryland & Delaware Corporation
Related Persons Information
(Each Related person is displayed below)
Party Type: MediatorParty No.:1
Name: Brower, Gregory
Address: 505 Stamford Road
City: BaltimoreState:MDZip Code:21229
Party Type: TrusteeParty No.:1
Name: Dalton, Dr, David L
Address: 38 Stags Leap Court
City: PikesvilleState:MDZip Code:21208-1029
Attorney(s) for the Related Persons
Name: Adler, Esq, Nathan D
Practice Name: Neuberger, Quinn, Gielen, Rubin & Gibber, P.A.
Address: One South Street
27th Floor Commerce Place
City: BaltimoreState:MDZip Code:21202-3282
Name: Engel, Esq, Elliott
Practice Name: Neuberger, Quinn, Gielen, Rubin & Gibber, P.A.
Address: One South Street
27th Floor
City: BaltimoreState:MDZip Code:21202-3282
Document Tracking
(Each Document listed. Documents are listed in Document No./Sequence No. order)
Doc No./Seq No.: 1/0
File Date: 11/18/2008Entered Date:11/21/2008Decision:
Document Name: Complaint and Judgment by Confession
Doc No./Seq No.: 1/1
File Date: 04/13/2009Entered Date:04/22/2009Decision:
Party Type: DefendantParty No.:1
Document Name: Answer to Complaint
Doc No./Seq No.: 2/0
File Date: 11/21/2008Entered Date:11/21/2008Decision:
Document Name: Ordered, that judgment is confessed against Deft, Dr. David L Dalton,
individually and as Trustee for the assets of Univec, Inc. a forfeited Maryland and Delaware corporation in the sum of $129,904.56. Frank M. Conaway, Clerk
Doc No./Seq No.: 2/1
File Date: 11/21/2008Entered Date:11/21/2008Decision:
Document Name: Copies Mailed
Doc No./Seq No.: 3/0
File Date: 11/21/2008Entered Date:11/21/2008Decision:
Document Name: Judgment Indexed on 11/21/08
Doc No./Seq No.: 4/0
File Date: 11/21/2008Entered Date:11/21/2008Decision:
Document Name: Confessed Judgment Notice Sent
Doc No./Seq No.: 5/0
File Date: 12/23/2008Entered Date:01/07/2009Decision:
Party Type: DefendantParty No.:1
Document Name: Return of Service - Served
Notice of Confessed Judgment served 12/16/08 c/o spouse Amy Dalton
Doc No./Seq No.: 6/0
File Date: 01/15/2009Entered Date:01/22/2009Decision:Granted/Denied in Part
Party Type: DefendantParty No.:1
Document Name: Defedant Dr. David l. Dalton's Motion to Vacate Confessed Judgment, Memorandum
in Support and Exhibits
Doc No./Seq No.: 6/1
File Date: 01/15/2009Entered Date:01/22/2009Decision:
Party Type: DefendantParty No.:1
Document Name: Request for Hearing on Selected Motion
Doc No./Seq No.: 6/2
File Date: 02/02/2009Entered Date:02/09/2009Decision:
Party Type: PlaintiffParty No.:1
Document Name: Response in Opposition to Defendant, Dr. L. Dalton's Motion to Vacate Confessed
Doc No./Seq No.: 6/3
File Date: 02/17/2009Entered Date:02/26/2009Decision:
Party Type: DefendantParty No.:1
Document Name: Defendant's Reply To Plaintiff's Opposition To The Motion To Vacate
Confessed Judgment
Doc No./Seq No.: 6/4
File Date: 02/26/2009Entered Date:02/26/2009Decision:
Document Name: Order of Court
ORDERED as follows:1. Defendant Dr. David L. Dalton's Motion to Vacate Confessed Judgment is GRANTED as to defendant Dr. David Dalton in his individual capacity and DENIED in all other respects; and2. The City of Baltimore Development Corporation's Motion to Amend Judgment is GRANTED in its entirety such that the amount of the confessed judgment against Dr. Dalton as trustee of Univec is $129,293.30, Allison J
Doc No./Seq No.: 6/5
File Date: 02/26/2009Entered Date:02/26/2009Decision:
Document Name: Copies Mailed(3)
Doc No./Seq No.: 7/0
File Date: 01/22/2009Entered Date:01/22/2009Decision:
Document Name: Notice Motion Hearing Sent
Event: MOTN Block Date: 02/18/09 Facility: 231PARTIES : Adler, Nathan One South Street 27th Floor Commerce Place, Baltimore, MD, 212023282The City Of Baltimore Development Corporation, 100 N. Holliday St. LL-82, Baltimore, MD, 21202
Doc No./Seq No.: 8/0
File Date: 02/05/2009Entered Date:02/05/2009Decision:
Document Name: Notice Motion Hearing Sent
Event: MOTN Block Date: 02/18/09 Facility: 231PARTIES : Adler, Nathan One South Street 27th Floor Commerce Place, Baltimore, MD, 212023282The City Of Baltimore Development Corporation, 100 N. Holliday St. LL-82, Baltimore, MD, 21202
Doc No./Seq No.: 9/0
File Date: 02/06/2009Entered Date:02/06/2009Decision:
Document Name: Civil Cover Sheet generated
Doc No./Seq No.: 10/0
File Date: 02/09/2009Entered Date:02/13/2009Decision:
Party Type: PlaintiffParty No.:1
Document Name: Motion to Amend Judgment
Doc No./Seq No.: 11/0
File Date: 04/24/2009Entered Date:04/24/2009Decision:
Document Name: Standard Short Track Scheduling Order Se
Doc No./Seq No.: 12/0
File Date: 04/24/2009Entered Date:04/24/2009Decision:
Document Name: Order for Mediation Issued
Doc No./Seq No.: 13/0
File Date: 05/05/2009Entered Date:05/21/2009Decision:
Party Type: PlaintiffParty No.:1
Document Name: Stipulation of (Partial) Dismissal Only of Dr. Dalton in His Individually
Capacity
Doc No./Seq No.: 14/0
File Date: 05/22/2009Entered Date:05/22/2009Decision:
Document Name: Hearing/Trial Notice Sent
Event: PTC Block Date: 10/21/09 Facility: 403CPARTIES : Adler, Nathan One South Street 27th Floor Commerce Place, Baltimore, MD, 212023282Engel, Elliott One South Street 27th Floor, Baltimore, MD, 212023282Brower, Gregory 505 Stamford Road , Baltimore, MD, 21229Murad, Gregory 100 N Holliday Street Department Of Law, LL82, Baltimore, MD, 21201
Doc No./Seq No.: 15/0
File Date: 05/22/2009Entered Date:05/22/2009Decision:
Document Name: Hearing/Trial Notice Sent
Event: CIVI Block Date: 11/18/09 Facility: 403TPARTIES : Adler, Nathan One South Street 27th Floor Commerce Place, Baltimore, MD, 212023282Engel, Elliott One South Street 27th Floor, Baltimore, MD, 212023282Brower, Gregory 505 Stamford Road , Baltimore, MD, 21229Murad, Gregory 100 N Holliday Street Department Of Law, LL82, Baltimore, MD, 21201
Doc No./Seq No.: 16/0
File Date: 05/28/2009Entered Date:05/28/2009Decision:
Document Name: Notice of court cancellation is issued
Event: CIVI Block Date: 11/18/09 Facility: 403TPARTIES : Adler, Nathan One South Street 27th Floor Commerce Place, Baltimore, MD, 212023282Engel, Elliott One South Street 27th Floor, Baltimore, MD, 212023282Murad, Gregory 100 N Holliday Street Department Of Law, LL82, Baltimore, MD, 21201Espy, Carolyn 100 HOLLIDAY STREET CITY HALL, LL82, Baltimore, MD, 21202
Doc No./Seq No.: 17/0
File Date: 05/28/2009Entered Date:05/28/2009Decision:
Document Name: Notice of court cancellation is issued
Event: PTC Block Date: 10/21/09 Facility: 403CPARTIES : Adler, Nathan One South Street 27th Floor Commerce Place, Baltimore, MD, 212023282Engel, Elliott One South Street 27th Floor, Baltimore, MD, 212023282Murad, Gregory 100 N Holliday Street Department Of Law, LL82, Baltimore, MD, 21201Espy, Carolyn 100 HOLLIDAY STREET CITY HALL, LL82, Baltimore, MD, 21202
Doc No./Seq No.: 18/0
File Date: 06/16/2009Entered Date:06/16/2009Decision:
Party Type: DefendantParty No.:1
Document Name: Notice of Modified Judgment - Vacated
Doc No./Seq No.: 19/0
File Date: 06/16/2009Entered Date:06/16/2009Decision:
Document Name: Judgment Indexed on 06/16/09
Doc No./Seq No.: 20/0
File Date: 06/16/2009Entered Date:06/16/2009Decision:
Document Name: Notice of Recorded Judgment
Doc No./Seq No.: 21/0
File Date: 10/20/2009Entered Date:10/20/2009Decision:
Document Name: Hearing/Trial Notice Sent
Event: CIVI Block Date: 11/18/09 Facility: 403TPARTIES : Murad, Gregory 100 N Holliday Street Department Of Law, LL82, Baltimore, MD, 21201Espy, Carolyn 100 HOLLIDAY STREET CITY HALL, LL82, Baltimore, MD, 21202Engel, Elliott One South Street 27th Floor, Baltimore, MD, 212023282Adler, Nathan One South Street 27th Floor Commerce Place, Baltimore, MD, 212023282
Doc No./Seq No.: 22/0
File Date: 11/05/2009Entered Date:11/05/2009Decision:
Document Name: Batch Hearing Notice Sent
Event: CIVI Block Date: 11/18/09 Facility: 403TPARTIES : Murad, Gregory 100 N Holliday Street Department Of Law, LL82, Baltimore, MD, 21201Espy, Carolyn 100 HOLLIDAY STREET CITY HALL, LL82, Baltimore, MD, 21202Engel, Elliott One South Street 27th Floor, Baltimore, MD, 212023282Adler, Nathan One South Street 27th Floor Commerce Place, Baltimore, MD, 212023282
Doc No./Seq No.: 23/0
File Date: 11/10/2009Entered Date:11/13/2009Decision:Denied
Document Name: MOTION TO WITHDRAW APPEARANCE
Filed by Attorney: Nathan D Adler Esq
Doc No./Seq No.: 23/1
File Date: 12/30/2009Entered Date:12/30/2009Decision:
Document Name: Order of Court
12/16/09 ORDERED THAT THE MOTIONTO WITHDRAW APPEARANCE IS DENIED AS MOOT, PURUANT TO MARYLAND RULE 2-132(d) (PIERSON, J.)
Doc No./Seq No.: 23/2
File Date: 12/30/2009Entered Date:12/30/2009Decision:
Document Name: Copies Mailed
Doc No./Seq No.: 24/0
File Date: 08/31/2010Entered Date:09/01/2010Decision:Granted
Party Type: PlaintiffParty No.:1
Document Name: Petition for Oral Examination In Aid of Enforcement of Judgment With Proposed
Order
Doc No./Seq No.: 24/1
File Date: 10/05/2010Entered Date:10/05/2010Decision:
Document Name: Order of Court
It is hereby ORDERED by the Circuit Court For Baltimore City, this 22nd day of September,2010, that David Dalton, Trustee for the assets of Univec, Inc., Defendant, be and shall appear before the Court's General Master, on the 15th day of November, 2010 at 2:30 p.m., at Room 232, Courthouse East, 111 N. Calvert Street, Baltimore, MD 21202, to examined under oath concerning any income, assets and property which it have, and to bring all bank books, papers and records pertaininf to such monies, properties and assets.(Berger,J)
Doc No./Seq No.: 24/2
File Date: 10/05/2010Entered Date:10/05/2010Decision:
Document Name: Copies Mailed
$UNVC David Dalton also stiffed the City of Baltimore
who was kind enough to give him a 6 figure minority empowerment loan
Debt was not paid as of 2015
according to Ian Stockoe of PWC who was the trustee for collections
Nor was this lien pad eiter
$UNVC Original Judgment
Case Number: 03C11005800
County: BALTIMORE COUNTY
Judgment Entered Date: 11/14/2014
Amount: $126,781.44
Book Page:
For:
Eastern Savings Bank
(AKA)Eastern Savings Bank F S B
Against:
Elbert, Michael D
Court System: Circuit Court for Baltimore County - Civil System
Case Number: 03C11005800
Title: Hofmeister, et al vs Elbert
Case Type: ForeclosureFiling Date:06/09/2011
Case Status: Closed/Inactive
Case Disposition: Decree or OrderDisposition Date:04/06/2017
Doc No./Seq No.: 68/0
File Date: 05/18/2017Entered Date:05/18/2017Decision:
Party Type: DefendantParty No.:1
Document Name: *Writ of Garnishment - Wages
Univec Inc garnishee
Doc No./Seq No.: 68/1
File Date: 06/05/2017Entered Date:06/06/2017Decision:
Party Type: GarnisheeParty No.:3
Document Name: Answer of Garnishee
Doc No./Seq No.: 69/0
File Date: 05/19/2017Entered Date:05/23/2017Decision:Granted
Document Name: Request for Order Charging Membership Interest of Defendant/Judgment Debtor
Michael D Elbert in Univec, Inc.
Doc No./Seq No.: 70/0
File Date: 06/28/2017Entered Date:06/28/2017Decision:
Document Name: Affidavit of Service
Served Michael D Elbert with Order Charging Membership Interest of Defendant/judgment Debtor Michael D Elbert In Univec Inc on 06/17/17
Lien Information
Original Judgment
Case Number: 03L17011231
County: BALTIMORE COUNTY
Judgment Entered Date: 11/13/2017
Amount: $10,888.47
Book Page: 00000/00000
For:
Boys School Of St Pauls Parish Inc
St Pauls School
Against:
Dalton, David L
Dalton, Amy V
Why is Agrimed putting out PR's
that pump the price of UNVC stock BEFORE they do a reverse merger with UNVC???
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136405999
stockmasterflash Thursday, 11/23/17 11:52:52 AM
Re: vinsterr post# 21624
Post # of 21626
So Agrimed wants to make UNVC MORE valuable
BEFORE they do the reverse merger. They want to pay MORE for the shell than if it were dead and dormant ???
Brilliant!
Makes a lot more sense than Crockett making some meaningless tweets to help his deadbeat buddy Dalton sell some shares to avoid bankruptcy again
So Agrimed wants to make UNVC MORE valuable
BEFORE they do the reverse merger. They want to pay MORE for the shell than if it were dead and dormant ???
Brilliant!
Makes a lot more sense than Crockett making some meaningless tweets to help his deadbeat buddy Dalton sell some shares to avoid bankruptcy again
Univec
1) Has never developed a transdermal patch. They only paid $600 to the FDA for an FDA label code for one they might develop
2) Using an FDA label code on a federally illegal product is illegal
3) Univec has no manufacturing facility
4) Univec has no physical office
5) Univec has no landline phone
6) Univec has no employees
7) Univec has not conducted business of any kind in 6 years
At the time of the SEC lawsuit against Ribotsky
UNVC was disclosed by the SEC to be in default. The suit by the SEC does not cure the debt to Ribotsky. The debt was sold to PWC Cayman Islands as the trustee for collections
https://www.sec.gov/litigation/complaints/2011/comp22106.pdf
UNVC doesn't own any IP
It's lenders have a lien on it. But as usual, the federal government (IRS) supersedes private liens
https://www.sec.gov/Archives/edgar/data/1029825/000121390007001222/fsb2a40907_univec.htm
Security Agreement and Intellectual Property Security Agreement
In connection with the Securities Purchase Agreement and as security for the Notes, we executed a Security Agreement and an Intellectual Property Security Agreement granting the Investors a continuing security interest in, a continuing first lien upon, an unqualified right to possession and disposition of, and a right of set-off against, in each case to the fullest extent permitted by law, all of the Company’s right, title and interest in all of our goods, inventory, contractual rights and general intangibles, receivables, documents, instruments, chattel paper, and intellectual property. Under the Security Agreement and Intellectual Property Security Agreement, events of default occur upon:
§
The occurrence of an event of default (as defined in the Notes and listed below) under the Notes;
§
Any representation or warranty we made in the Security Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
§
The failure by us to observe or perform any of our obligations under the Security Agreement or Intellectual Property Security Agreement for ten (10) days after receipt of notice of such failure from the Investors; and
3
§
Any breach of, or default under, the Warrants.
Lien Information
Original Judgment
Case Number: 24L09007441
County: BALTIMORE CITY
Judgment Entered Date: 10/14/2009
Amount: $88830.14
Book Page: 00046/00179
For:
United States Of America
Against:
UNIVEC INC
Judgment Comments: BK46/PG179
The press release about "partnering" means nothing
no risk in that press release. "Upon further due dilligence, it was determined that parnering did not meet both company's needs at this time"
End of story. No risk
Your quote is EXACTLY why Agrimed will never have a business relationship with Univec.
UNVC has a Federal LIEN on it for non payment of taxes.
They have no product and gobs of debt. Agrimed, if it wanted to do a reverse merger, could do so with a much cleaner shell with a lot less criminal activity associated with it.
The two PR's are about Crockett and Dalton. Not Agrimed and Univec
Licenses and state government approval will not come to a company in debt to the Federal government and has an association with convicted criminals
If it does not benefit Agrimed why are they partnering with UNVC
What does "partnering" mean? "partnering" has no legal consequence
why did they issue a PR making the information public. If UNVC does not exist why did Agrimed publicly go on the record stating that they are partners?
To pump the stock price of UNVC to allow shares to be sold into the market to raise funds for Dalton and Crockett
The shares you speak of were sold long before any of this information came out as the share count has been updated daily on OTC markets since the beginning of October and Agrimed issued their PR at the same time so there has been no dilution in relation to the PR issued by Agrimed.
Issued yes. Sold into the market, no. They were issued much earlier, only to be sold into the promotion
So again, why would Agrimed partner with UNVC and make it public if they did not have to do either and there has been zero diltution since the anouncement?
Again "partner" is a meaningless term used to promote univec stock. Zero dilution is in the eyes of the beholder. UNVC is a non reporting company. They are under no obligation to disclose how much convertible debt has been taken on in the interim.
What is UNVC and Agrimed "sharing"?
Why doesn't UNVC have an office or a landline phone if what they have is so valuable?
How can a Marijuana company "merge" with UNVC which has IRS liens against it? Paying taxes with cash from illegal proceeds. Marijuana is still illegal Federally
A) Dalton doesn't have any money
b) What exactly is "partnering" costing Agrimed? How is "partnering" beneifiting Agrimed"
c) A Billion shares of UNVC stock appeared out of thin air and were sold into the market.
connect the dots. Guy without a nickel to his name raises cash for a guy who cannot raise cash on his own. gets a board seat in return.
Please show me a photo from 2017 of any business of Dalton's or any product or employee of Dalton's
UNVC doesn not exist, nor do any of the other companies Dalton claims to be a part of. If you look at old UNVC 10k's, those companies were UNVC's only customers and cnveniently UNVC were those company's only customers.
That's why all of Dalton's companies are all dark. The SEC dis not believe they were real
Investigate Crockett and Dalton's financial relationship
Their personal financial dealings You'll find your answers there. Why UNVC gets pumped by outsiders without a peep of news from UNVC. And Dalton assumes a board seat on Agrimed.
UNVC is a dirt shell that no one would touch, particularly a marijuana company. think about it. A marijuana company reverse merging into a shell with IRS liens on it. Really? As if a marijuana company doesn't have enough FED problems to deal with, add forfeiture of bank accounts to the list????
The story never made sense from the beginning. Look at Dalton CLOSELY. Not the PR's and Wiki's. Do a Credit check on him. Do a DUNS search of UNVC.
Look at the criminals UNVC has employed over the years
Anslow & Jaclin
Cory Ribotsky
Robert Cohen
thats just a partial list
SEC Action on Wrap Around Agreements – Debt to Equity Conversions
http://coralcapital.com/sec-action-on-wrap-around-agreements/
(( old but somewhat relevant here))
Last month, Cameron Linton, a Florida based attorney consented to a SEC Administrative Proceeding (SEC Release No. 67912 / September 21, 2012, Administrative Proceeding File No. 3-15040) that suspended him from appearing or practicing before the Commission as an attorney. This enforcement action originally caught my attention back in early May when the SEC issued Litigation Release # 22353 charging an attorney and clients in scheme to unlawfully sell billions in penny-stock shares through the use of “wrap around agreements.” The original press release stated that these wrap around agreements were illegal debt to equity conversions.
This made for some very interesting reading, as it turned out the attorney, Cameron Linton, had been charged with same violations of SEC rules and regulations a few years earlier
The original complaint is a rather interesting read in part because in paragraph 26 of the complaint it provides a detailed explanation as to how the wrap around agreements worked in that particular case. In that particular case the defendants were charged with violations of Sections 5(a) and 5(c) of the Securities Act of 1933 for the sale of unregistered shares into the public markets. This is also interesting because in its efforts to prosecute the case, the SEC was able to obtain an emergency TRO freezing the assets of the defendants in this case.
In the 2012 enforcement action, the SEC not only went after the distributors of the stock utilizing the wrap around agreements, but it also went after the attorney who wrote the legal opinions, Mr. Linton. Again, this complaint provides a good explanation of what a wrap around agreement is, and how it basically works. The short version of how these wrap around agreements work is that a company will allow the assignment of debt to a third party and allow the debt to become convertible into its common stock at a discount to the market, the new holder of the newly convertible debt will then request the conversion of the debt into common stock, following the debt conversion an attorney, Linton, would provide fraudulent legal opinions claiming the shares were exempt from registration under Section 5 of the Securities Act of 1933 via the exemption provided through Rule 144. This allowed the shares to be issued without restrictive legend, the stock distributors would then sell the shares into the public markets. This complaint is a little more interesting read because it actually sites the portion of Rule 144 that the SEC claims was fraudulently misrepresented in the legal opinion letters by Mr. Linton, and that he failed to make a determination that the stock distributors were not underwriters within the meaning of Sections 4(1) and 2(a)11 of the Securities Act of 1933.
These wrap around agreements, the conversion of debt to equity by public companies have become common since the SEC revised Rule 144 in early 2006. They have become a favorite tool of people looking to get free trading shares that can be quickly sold into the market. However it is important to note two (2) important items from the SEC’s complaints on this matter. The 1st being that if the debt in question has not been convertible for a period in excess of 1 year, then it cannot be converted into free trading shares. Secondly, and very importantly these illegal stock issuances could not occur without the services of an attorney willing to write a fraudulent legal opinion for removal of the restrictive legend under Rule 144. Securities attorneys are key gate keepers in preventing fraudulent acts from being committed. The SEC needs to go after the attorneys who are willing to bend the rules or ignore them all together in order to make a quick buck writing a bogus legal opinion for the removal of restrictive legend. Generally when shares issued under these circumstances are sold into the public markets it hurts all the shareholders of a company by sending the price of the company’s shares drastically lower.
The 1st 2012 Press Release by the SEC can be found at: http://www.sec.gov/news/press/2012/2012-80.htm
The 2012 SEC Litigation Release can be found at: http://www.sec.gov/litigation/litreleases/2012/lr22352.htm
A copy of the SEC’s 2012 complaint can be found at: http://www.sec.gov/litigation/complaints/2012/comp-pr2012-80.pdf
The Order Instituting Public Administrative Proceedings Pursuant to Rule 102(e) of the Commission’s Rule s of Practice, Making Findings, and Imposing Remedial Sanctions against Cameron Linton, Esq. can be found at: http://www.sec.gov/litigation/admin/2012/34-67912.pdf
The 2010 Litigation Release by the SEC can be found at: http://www.sec.gov/litigation/litreleases/2010/lr21632.htm
A copy of the SEC’s 2010 complaint (SEC v. K&L International et al. 6:09-cv-1638-orl-31krs Md. Fla.) can be found at: http://www.sec.gov/litigation/complaints/2009/comp21224.pdf
www.coralcapital.com
About Coral Capital Partners
Coral Capital Partners is an independent consulting and advisory firm focused on companies and participants in the lower and middle markets. We partner with our clients to provide cost effective solutions to real world issues and situations. Our experienced team brings a diverse set of skills that allows us to service a wide variety of needs. Our area of services and expertise focuses on bringing services and solutions to our clients that are normally only available to much larger firms.
Coral Capital Partners, Inc. provides services to Investment Banks, Private Equity Funds, investors, and both privately held and publicly traded companies, as well as various stakeholders in those organizations. This has included international public companies with operations on three (3) continents to smaller privately held domestic companies.
Our experience in the areas of corporate advisory, due diligence reviews, and regulatory compliance allows for a cost effective and efficient solution to the issues at hand. Please feel free to contact our offices to see how we may be of assistance.
We do applaud the SEC ‘s efforts to police this type of activities.
Not only are many of those buyers JSJ copanies
many are opererted by Sameer Hirji of JSJ. Seems Scott Sand is owned and operated by JSJ. Jahooco is a Conouse company. Machaivelli was involved with QASP
It wont appear until Dec 7 according to the CEO and COOO
Check "FINRA" (OTCBB) Daily List Dec 7
Purpose of the Amendment of the Articles
On November 14, 2017, the Company's Board of Directors and the Majority Stockholders owning a majority of the Company's voting securities approved a resolution authorizing the Company to amend the Articles of Incorporation to accomplish the Reverse Split of the Corporation's issued and outstanding shares of 1 for 1,500, and to reduce the amount of Authorized Common Shares to 900,000,000 Shares at par value $0.00001 per share. The Board believes that the Articles Amendment better reflects the nature of the Company's anticipated operations.
Amended Certificate of Incorporation
Upon the effectiveness and on the date that is twenty (20) days following the filing of this Information Statement, the Board of Directors shall have the Company's Certificate of Amendment to the Articles of Incorporation filed with the State of Nevada in order to effect the Articles Amendment.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, Simlatus Corp. has duly caused this report to be signed by the undersigned hereunto authorized.
IN WITNESS WHEREOF, We, have hereunto set our hands as Chief Executive Officer and Members of the Board of Directors of the Corporation.
Acknowledged by:
/s/ Mike Schatz
11-17-2017
Mike Schatz – Simlatus Corporation, COO
Date
/s/ Robert C. Stillwaugh
11-17-2017
Robert C. Stillwaugh – Simlatus Corporation, CEO, Chairman
Date
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12391442
Did Lumpy Overdose?
A guy with a history of drug problems and financial failures is definitely at risk this time of the year. Especially one burning the candle at both ends like Lumpy was. Lumpy, if you are still functional, please update your "loyal" shareholder base.
https://www.newspapers.com/newspage/200614173/
Scott Sand used to do that when he was with IGNT
Now with the named Grid Petroleum/Simlatus. He would take his salary and consulting fees as debt on a regular basis, later selling that debt as wrap agreements. Lots of small chunks
11) $24,000 CONVERTIBLE DEBT DATED AUGUST 15, 2010 issued to an individual a note in
the amount of $24,000 in consideration for services rendered under a Distribution Agreement
entered into on the same date. The note was issued without interest and is due on demand.
This note is convertible at a 40% discount to the average closing price of the three days prior
to conversion with a maximum conversion price of $0.30. See attached Exhibit-11
12) Debt wrap agreement with Watson Investment Enterprises, Inc. dated December 10, 2008.
Under the terms of this agreement, our CEO Scott R. Sand, assigned $25,000 in debt owed to
him by the Company to Watson. The terms of the debt were modified to allow Watson to
convert the debt into common stock at a 50% discount of the average three-deep bid on the
day of conversion. Watson then paid Mr. Sand the amount of the debt originally assigned and
Mr. Sand loaned this money back to the Company. See attached Exhibit-12
13) Debt wrap agreement with Watson Investment Enterprises, Inc. dated January 13, 2009.
Under the terms of this agreement, our CEO Scott R. Sand, assigned $25,000 in debt owed to
him by the Company to Watson. The terms of the debt were modified to allow Watson to
convert the debt into common stock at a 50% discount of the average three-deep bid on the
day of conversion. Watson then paid Mr. Sand the amount of the debt originally assigned and
Mr. Sand loaned this money back to the Company. See attached Exhibit-13
14) Debt wrap agreement with Watson Investment Enterprises, Inc. dated May 5, 2009. Under the
terms of this agreement, our CEO Scott R. Sand, assigned $50,000 in debt owed to him by the
Company to Watson. The terms of the debt were modified to allow Watson to convert the
debt into common stock at a 50% discount of the average three-deep bid on the day of
conversion. Watson then paid Mr. Sand the amount of the debt originally assigned and Mr.
Sand loaned this money back to the Company. See attached Exhibit-14
15) Debt wrap agreement with Watson Investment Enterprises, Inc. dated May 28, 2009. Under
the terms of this agreement, our CEO Scott R. Sand, assigned $200,000 in debt owed to him
by the Company to Watson. The terms of the debt were modified to allow Watson to convert
the debt into common stock at a 50% discount of the average three-deep bid on the day of
conversion. Watson then paid Mr. Sand the amount of the debt originally assigned and Mr.
Sand loaned this money back to the Company. See attached Exhibit-15
16) Debt wrap agreement with JSJ Investments, Inc. dated June 17, 2009. Under the terms of this
agreement, our CEO Scott R. Sand, assigned $565,000 in debt owed to him by the Company
to JSJ. The terms of the debt were modified to allow JSJ to convert the debt into common
stock at a 50% discount of the average three-deep bid on the day of conversion. JSJ then paid
Mr. Sand the amount of the debt originally assigned and Mr. Sand loaned this money back to
the Company. See attached Exhibit-16
Ingen Technologies, Inc. Quarterly Report Ending August 31, 2010 4 1
17) Debt wrap agreement with Ringsport International, Inc. dated September 1, 2009. Under the
terms of this agreement, our CEO Scott R. Sand, assigned $796,423 in debt owed to him by
the Company to Ringsport. The terms of the debt were modified to allow Ringsport to convert
the debt into common stock at a 50% discount of the average three-deep bid on the day of
conversion. Ringsport then paid Mr. Sand the amount of the debt originally assigned and Mr.
Sand loaned this money back to the Company. See attached Exhibit-17
18) Debt wrap agreement with Machiavelli Ltd., LLC dated October 22, 2009. Under the terms of
this agreement, our CEO Scott R. Sand, assigned $100,000 in debt owed to him by the
Company to Machiavelli. The terms of the debt were modified to allow Machiavelli to
convert the debt into common stock at a 40% discount bid price on the day of conversion.
Machiavelli then paid Mr. Sand the amount of the debt originally assigned and Mr. Sand
loaned this money back to the Company. See attached Exhibit-18
19) Debt wrap agreement with Jahoco, LLC dated January 5, 2010. Under the terms of this
agreement, our CEO Scott R. Sand, assigned $25,000 in debt owed to him by the Company to
Jahoco. The terms of the debt were modified to allow Jahoco to convert the debt into common
stock at a 40% discount bid price on the day of conversion. Jahoco then paid Mr. Sand the
amount of the debt originally assigned and Mr. Sand loaned this money back to the Company.
See attached Exhibit-19
20) Debt wrap agreement with Machiavelli Ltd., LLC dated January 5, 2010. Under the terms of
this agreement, our CEO Scott R. Sand, assigned $75,000 in debt owed to him by the
Company to Machiavelli. The terms of the debt were modified to allow Machiavelli to
convert the debt into common stock at a 40% discount bid price on the day of conversion.
Machiavelli then paid Mr. Sand the amount of the debt originally assigned and Mr. Sand
loaned this money back to the Company. See attached Exhibit-20
21) Debt wrap agreement with Capital Edge dated July 27, 2010. Under the terms of this
agreement, our CEO Scott R. Sand, assigned $34,615 in debt owed to him by the Company to
Capital Edge. The terms of the debt were modified to allow Capital Edge to convert the debt
into common stock at a discount bid price on the day of conversion. Capital Edge then paid
Mr. Sand the amount of the debt originally assigned and Mr. Sand loaned this money back to
the Company.
22) Debt wrap agreement with Pinpoint International., LLC dated July 27, 2010. Under the terms
of this agreement, our CEO Scott R. Sand, assigned $13,200 in debt owed to him by the
Company to Pinpoint. The terms of the debt were modified to allow Pinpoint to convert the
debt into common stock at a 40% discount bid price on the day of conversion. Pinpoint then
paid Mr. Sand the amount of the debt originally assigned and Mr. Sand loaned this money
back to the Compan
$SIML caught the SEC's attention
From Scion:
The Securities and Exchange Commission charged a Florida-based individual and his company with acting as unregistered dealers in the sale of billions of shares of numerous penny stock issuers.
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 23992 / November 20, 2017
Securities and Exchange Commission v. Ibrahim Almagarby and Microcap Equity Group LLC, No. 17-cv-62255 (S.D. Fla. November 17, 2017)
SEC Charges Individual and His Company with Operating an Unregistered Dealer Business
The Securities and Exchange Commission charged a Florida-based individual and his company with acting as unregistered dealers in the sale of billions of shares of numerous penny stock issuers.
The SEC's complaint, filed in federal district court in south Florida, alleges that, beginning in January 2013, Ibrahim Almagarby and his company, Microcap Equity Group LLC (MEG), engaged in a business that purchased aged penny stock issuer debts. After converting the debts into equity, they sold the resultant shares into the market. At the time of this conduct, the complaint alleges that neither Almagarby nor MEG were registered with the SEC as a dealer and Almagarby was not associated with a registered broker or dealer. Through these activities, Almagarby and MEG purchased over $1.1 million of aged debts of 39 microcap issuers and sold into the market over 7.4 billion shares generating over $1.4 million in ill-gotten gains.
The SEC's complaint charges both Almagarby and MEG with violating Section 15(a)(1) of the Securities Exchange Act of 1934 and Almagarby as a control person under Section 20(a) of the Exchange Act for MEG's registration violations. The SEC seeks permanent injunctions, disgorgement of ill-gotten gains plus prejudgment interest, civil penalties, surrender for cancellation of MEG's remaining shares in the penny stock issuers that are the subject of this action and surrender of any conversion rights in its remaining holdings of issuer debts, and penny stock bars.
The SEC's investigation was conducted by James Thibodeau of the Salt Lake Regional Office, and the litigation will be led by Daniel Wadley and Amy Oliver.
SEC Complaint
https://www.sec.gov/litigation/complaints/2017/comp23992.pdf
https://www.sec.gov/litigation/litreleases/2017/lr23992.htm
Dec 7 Check "FINRA" (OTCBB) Daily List
Purpose of the Amendment of the Articles
On November 14, 2017, the Company's Board of Directors and the Majority Stockholders owning a majority of the Company's voting securities approved a resolution authorizing the Company to amend the Articles of Incorporation to accomplish the Reverse Split of the Corporation's issued and outstanding shares of 1 for 1,500, and to reduce the amount of Authorized Common Shares to 900,000,000 Shares at par value $0.00001 per share. The Board believes that the Articles Amendment better reflects the nature of the Company's anticipated operations.
Amended Certificate of Incorporation
Upon the effectiveness and on the date that is twenty (20) days following the filing of this Information Statement, the Board of Directors shall have the Company's Certificate of Amendment to the Articles of Incorporation filed with the State of Nevada in order to effect the Articles Amendment.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, Simlatus Corp. has duly caused this report to be signed by the undersigned hereunto authorized.
IN WITNESS WHEREOF, We, have hereunto set our hands as Chief Executive Officer and Members of the Board of Directors of the Corporation.
Acknowledged by:
/s/ Mike Schatz
11-17-2017
Mike Schatz – Simlatus Corporation, COO
Date
/s/ Robert C. Stillwaugh
11-17-2017
Robert C. Stillwaugh – Simlatus Corporation, CEO, Chairman
Date
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12391442
maybe if enough people buy at .0001
it will convince them that they don't need a reverse split after all
I remember
when the story was that Tilden's resignation cleared the way for "stand up guys" Shatz and Stillwaugh to do big things for the company and for the shareolders. But then, quietly, 2 months after "resigning", Tilden was hired as a consultant at $20k + per year. Not a bad salary for a no show" job.
Now a 1 - 1500 Reverse split without even a shareholder vote or even a warning.
Yeah, Shatz and Stillwaugh are "Stand up guys". Just like Mr Donna Murtaugh 33% owner of the company. What was his name again?
ITEM 3.03 Material Modifications to Rights of Shareholders
ITEM 5.03 Amendments to Articles of Incorporation or Bylaws
Effective as of November 14, 2017 the Board of Directors of the Company determined that it was in the best interest of the Corporation, as well as in the best interest of the Shareholders of the Corporation, to Amend the Articles of Incorporation, and pursuant to the Reverse Split of the Corporation's issued and outstanding shares of 1 for 1,500, and to reduce the amount of Authorized Common Shares to 900,000,000 Shares at par value $0.00001 per share.
https://ih.advfn.com/p.php?pid=nmona&article=76125259&symbol=SIML
Sounds like what he was doing with Bobby Cohen
those notes landed in a lot of seemingly unrelated pockets without NIR shareholders seeing any real asset value. fresh paper for stale paper
Count the zeroes
no longer in the trips. Now in the quads
Simlatus Corporation (SIML)
0.00001 ? -0.00009 (-90.00%)
Volume: 1,000,000 @ 11:00:41 AM EST ET
That means
if they do not go through with the reverse split, their per share financial results will be OVERSTATED by 1500 times and will need to be ammended as they will be invalid
Page 13
On October 31, 2017, the Company approved the authorization of a 1 for 1,500 reverse stock split of the Company's outstanding shares of common stock. The Company's financial statements have been retroactively adjusted for this stock split for all periods presented.
https://ih.advfn.com/p.php?pid=nmona&article=76094376
like magic
the old man goes on "TV"
That's a real high class way
to launder $30,000 and 250,000 shares
https://www.facebook.com/pages/Jump-Television-Studios-Llc/409497129153325