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“There has never been any evidence that the SEC has any investigative interest in CETX, only unsubstantiated claims.”
(( except these ))
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=10425655&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=UPLOAD&formDescription=Correspondence+from+the+SEC+to+the+Filer&dateFiled=2014-03-18
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=10425665&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=CORRESP&formDescription=Correspondence+from+the+Filer+to+the+SEC&dateFiled=2014-04-10
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=10425656&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=UPLOAD&formDescription=Correspondence+from+the+SEC+to+the+Filer&dateFiled=2014-04-29
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=10425662&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=CORRESP&formDescription=Correspondence+from+the+Filer+to+the+SEC&dateFiled=2014-05-28
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=10425659&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=UPLOAD&formDescription=Correspondence+from+the+SEC+to+the+Filer&dateFiled=2014-07-15
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=10425654&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=UPLOAD&formDescription=Correspondence+from+the+SEC+to+the+Filer&dateFiled=2014-07-22
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=10425663&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=CORRESP&formDescription=Correspondence+from+the+Filer+to+the+SEC&dateFiled=2014-08-05
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=10425664&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=CORRESP&formDescription=Correspondence+from+the+Filer+to+the+SEC&dateFiled=2014-09-25
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=10425657&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=UPLOAD&formDescription=Correspondence+from+the+SEC+to+the+Filer&dateFiled=2015-01-09
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=10425658&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=UPLOAD&formDescription=Correspondence+from+the+SEC+to+the+Filer&dateFiled=2015-01-20
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=10425660&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=UPLOAD&formDescription=Correspondence+from+the+SEC+to+the+Filer&dateFiled=2015-03-30
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=10425661&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=UPLOAD&formDescription=Correspondence+from+the+SEC+to+the+Filer&dateFiled=2015-08-06
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376812&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=UPLOAD&formDescription=Correspondence+from+the+SEC+to+the+Filer&dateFiled=2016-05-09
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376825&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=CORRESP&formDescription=Correspondence+from+the+Filer+to+the+SEC&dateFiled=2016-06-15
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376820&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=UPLOAD&formDescription=Correspondence+from+the+SEC+to+the+Filer&dateFiled=2016-07-19
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376823&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=CORRESP&formDescription=Correspondence+from+the+Filer+to+the+SEC&dateFiled=2016-08-22
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376813&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=UPLOAD&formDescription=Correspondence+from+the+SEC+to+the+Filer&dateFiled=2016-08-31
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376814&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=UPLOAD&formDescription=Correspondence+from+the+SEC+to+the+Filer&dateFiled=2016-09-19
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376827&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=CORRESP&formDescription=Correspondence+from+the+Filer+to+the+SEC&dateFiled=2016-09-21
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376817&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=UPLOAD&formDescription=Correspondence+from+the+SEC+to+the+Filer&dateFiled=2016-09-30
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376816&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=CORRESP&formDescription=Correspondence+from+the+Filer+to+the+SEC&dateFiled=2016-10-14
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376826&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=CORRESP&formDescription=Correspondence+from+the+Filer+to+the+SEC&dateFiled=2016-11-04
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376815&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=UPLOAD&formDescription=Correspondence+from+the+SEC+to+the+Filer&dateFiled=2016-11-14
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376821&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=UPLOAD&formDescription=Correspondence+from+the+SEC+to+the+Filer&dateFiled=2016-11-17
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376818&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=CORRESP&formDescription=Correspondence+from+the+Filer+to+the+SEC&dateFiled=2016-11-17
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376810&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=CORRESP&formDescription=Correspondence+from+the+Filer+to+the+SEC&dateFiled=2016-11-23
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376830&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=CORRESP&formDescription=Correspondence+from+the+Filer+to+the+SEC&dateFiled=2016-11-23
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376809&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=UPLOAD&formDescription=Correspondence+from+the+SEC+to+the+Filer&dateFiled=2016-11-30
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376811&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=UPLOAD&formDescription=Correspondence+from+the+SEC+to+the+Filer&dateFiled=2016-12-05
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376828&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=CORRESP&formDescription=Correspondence+from+the+Filer+to+the+SEC&dateFiled=2016-12-06
http://app.quotemedia.com/data/downloadFiling?webmasterId=102436&ref=11376831&type=HTML&symbol=CETX&companyName=Cemtrex+Inc.&formType=CORRESP&formDescription=Correspondence+from+the+Filer+to+the+SEC&dateFiled=2016-12-08
I doubt it
Clean shells aren't that expensive compared to the hdden expenses of a dirty shell like this. The one judgment alone, $400k, is more than the cost of a clean shell and there is the 2nd judgment I just posted that is an unknown.
The big tell to me is the amount of volume traded without the stock price moving significantly. A lot of money was thrown at the stock and even more shares were thrown right back at it. They didn't even pretend to walk up the stock price a bit. Just wanton selling
Here is the the original solicitation for WWIO. This letter to Alliance shareholders came out right after Altounian's partner Dean Janes was busted by the SEC
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89587848
Tuesday, July 02, 2013 2:08:36 PM
Re: None
Post # of 52383
Woe is me says Brian and Dean:
It has been quite a while since we sent out an update regarding the progress of our company and we deeply regret the long delays between communications. Dean Janes and I have been handling issues within our own companies and doing what we can to right the ship during a demanding 18-month period. The lessons learned over the past 2+ years were valuable reminders that the challenges that face young start-up companies are multi-faceted and complex. Dean and I are both committed to creating companies of real value and giving investors an opportunity to participate in the early-stage formation with the hope that, upon execution of the founder’s vision, there is an upside in value for all stakeholders.
Which leads me to share some interesting news about two of our portfolio companies. First, if you are an investor in WOWIO, you know that we are in the SEC review process right now to get out to the public market on the Over-the-Counter Bulletin Board. We have received two comment letters from the SEC and two comment letters from FINRA and we are well on our way to answering those comments and closer to our goal than ever. This is the first of our companies to get this far along in achieving an exit strategy and liquidation event as Alliance has 12,750,000 shares in WOWIO and we should see a public-market exit within the next 30-60 days. As that company gets closer to achieving its goals, we will inform you of the status regularly. You can find out more about the company at the corporate website: www.studiowdigital.com.
Second, we are excited about the process we are exploring with another portfolio company, Hone & Strop. As a reminder, Hone & Strop is a luxury men’s lifestyle company with a line of high-end luxury skin care items for men. Primarily, though, it is a lifestyle company that will promote it’s philosophy and wares online and through social media. To understand what this means, take a look at the company’s ongoing blogsite: http://www.classicsir.com. From this site and with the help of planned social media campaigns, the company can promote its skin care products and an entire line of luxury items geared toward men in a whole new way. We first got interested in this company because of its use of social media and online sales to promote a high-end line of products, something that has not really been done before with great success. We believe in the CEO, Rodney Bell, and his determined efforts to keep this vision alive in this nascent stage. After our initial investment in late 2010 and early 2011, the company has tried to find other sources of capital through the Angel/VC route. However, those players, after sitting on the sidelines for two+ years, are now looking for the next tumblr, instagram and snapchat. Hone & Strop, while being attractive and showing value as a lifestyle brand, still sits outside the strike zone for those players.
In light of that, we have come up with an idea that we think will set the table as a model for all other Alliance projects in the future. As we have mentioned consistently in the past, we like the public market play for a variety of reasons (access to real working capital, liquidity for our investors, a public platform to announce news, etc.), but through our own experiences, we have suffered through numerous delays that can be attributed to outsides parties to that longer S-1 registration process (auditors, lawyers, SEC, FINRA and others). We want to create a stepping stone or a shortcut to that process, which will be to do an immediate filing to get the company listed on the pink sheets first, with a goal of getting enough capital to execute on the business plan and start to generate revenues. During this process, the company can then go through the S-1 Registration process to register shares of all initial shareholders – a process that can take no less than 3 months, but as long as 2 years. The benefit of starting on the pink sheets is the effort of the company to raise capital won’t be hindered by the delays caused by the S-1 Registration. There are more nuances to this approach, but this is a quick summary of our strategy.
To that end, and as a reward for sticking with us as Alliance shareholders, we are going to issue shares in Hone & Strop to each of you as a dividend from Alliance’s holdings in that company. You will, in essence, be shareholders of Hone & Strop with the number of shares relative to your ownership of Alliance shares. We are working with our attorney and Glendale Securities to prepare this company for listing on the pink sheets and for the eventual move to the OTC and then hopefully to NASDAQ, if warranted. Throughout this process, and within 6 months of our launch, you will have liquidity on the market and you will be free to trade those shares at any point, if you so desire. If we are as successful with this process as we believe we can be, this model will become the new model for any and all new Alliance investments – a quick move to the market in a stepped process from Pink Sheet listings to OTC and beyond. We have had success with a number of companies in the past on the OTC market and we believe we will have success again in the future, providing a successful path to growth for the companies and a liquidation option for all of you as shareholders.
From the beginning, we identified a number of companies/projects that represented a broad selection of opportunities. There were public companies, private companies looking to go public, and revenue-generating projects in our portfolio. Some of Alliance’s holdings in those companies represented equity from a capital investment, others were equity for advisory roles we took in the company. Our goal all along, with all of these opportunities, was to be involved in the companies by bringing our networks of influence to support the efforts of management and hope for a successful exit or liquidation event to the benefit of our shareholders.
Over the course of the last 4 years, we have been involved with over a dozen companies and projects. Over the next several weeks, we will give you an update on each project and share with you the good, the bad and the ugly so you know exactly where we stand with each company. We originally started Alliance with a team of executives that provided support in the areas of operations, legal, technical, design, administrative, finance and accounting. In some cases, we incubated the companies and housed them within our offices for close proximity to our team and to each other. This worked well with some but not for others. Today, our role is merely as advisor and/or board member. We still hold our positions in the companies that are still active and we are targeting liquidation events and exit strategies for all of those holdings.
There will be more news to come over the next few weeks as we solidify this strategy. Please email us at info@alliance-acquisitions.com with any updates to your personal records so we may send you further information. We may also be calling you or emailing you directly to update our database.
Also, please feel free to follow us on Twitter, Facebook, Instagram and other social media outlets for additional information.
Thank you and stay tuned.
-Brian and Dean
Heavy volume was a reaction to the PR
You are assuming "Tony" knows about the judgement and the other CURRENT court case. Brian Altounian (who remains on the BOD) is a veteran pennystock scam artist. WWIO, PDOS, IGNG (Imaging3-- SEC enforcement action)
in addition to his Alliance Acquisitions enforcement action by the California Secretary of state
http://www.dbo.ca.gov/ENF/pdf/2015/Alliance%20Acquisitions%20Inc%20dr.pdf
LG Capital Funding, LLC v. Wowio, Inc. $WWIO
Plaintiff: LG Capital Funding, LLC
Defendant: Wowio, Inc.
Case Number: 1:2016cv06632
Filed: November 30, 2016
Court: New York Eastern District Court
Office: Brooklyn Office
Presiding Judge: Ann M Donnelly
Referring Judge: Roanne L. Mann
Nature of Suit: Contract: Other
Cause of Action: 28:1332 Diversity-Breach of Contract
Jury Demanded By: None
10/26/2017 22 Clerk's ENTRY OF DEFAULT It appearing from the docket maintained in this action that defendant Wowio, Inc. has failed to appear or otherwise defend this action, the default of defendant Wowio, Inc. is hereby noted pursuant to Rule 55a of the Federal Rules of Civil Procedure. (Poveda, J.) (Entered: 10/26/2017)
10/30/2017 23 Second MOTION for Default Judgment by LG Capital Funding, LLC. (Attachments: # 1 Declaration of Joseph Lerman, # 2 Declaration of Kevin Kehrli, # 3 Exhibit A - Itemized Hours, # 4 Exhibit B - Costs Receipts, # 5 Memorandum in Support, # 6 Proposed Judgment, # 7 Certificate of Service) (Kehrli, Kevin) (Entered: 10/30/2017)
10/31/2017 ORDER RESPECTFULLY REFERRING MOTION: 23 Second MOTION for Default Judgment filed by LG Capital Funding, LLC respectfully referred to Magistrate Judge Roanne L. Mann for a report and recommendation. Ordered by Judge Ann M. Donnelly on 10/31/2017. Motion respectfully referred to Roanne L. Mann. (Greene, Donna) (Entered: 10/31/2017)
$UNVC IRS liens and bank liens are current as of today
David Dalton is a deadbeat that hasn't changed
UNVC has no business
UNVC has no office
UNVC has no telephone
UNVC has no plant and equipment
UNVC has no employees
UNVC has no revenue
UNVC has released no news in 6 years
Agrimed getting another license does not change any of that
"a decent amount"
does not clear the notes payable, salary payable, IRS liens and bank liens on Univec
IRS liens + Bank liens mean Univec does not even have a bank account
So going back to the original post, this is far from a "perfect shell"
Share count does not reflect any total conversion of debt
some, maybe. minimally. But we have a current share count that has risen 1 Billion shares in 6 years. A time which was mostly spent at .0001 and topped out at .002.
Not a lot of debt can be converted and sold at those prices
Have you seen all of the debt this "perfect shell" has???
A continued downtrend
In the middle of a stock promotion is a bad sign.
That individual was not on the call
$CETX Auditor's incestuous relationship with the Govils
https://seekingalpha.com/instablog/6460311-unemon1/4962240-india-new-china-stock-scams-cemtrex-inc-warrants-sec-investigation-delisting-cetx-lied
""Aron Govil Business Partner, Sandeep Parikh(5% owner of Cemtrex India Private Limited), used to work as a Partner/Accountant at the Family Firm P. Parikh & Associates (Padmakant Nanalan Parikh, Sandeep's father). P. Parikh & Associates License Got Revokes in 2013 and Sandeep P. Parikh censured and banned from being an associated person of a Registered Public Accounting Firm ( See PCAOB document Revoking Parikh & Associates registration:
Info in the "Articles of Association" for Cemtrex India Private Limited confirms that Aron Govil Business Partner is the very same Sandeep Parikh Accountant, the son of Padmakant Nanalan Parikh (founder of P. Parikh & Associates).
The Auditor of Cemtrex India Private Limited does however have the very same address of P. Parikh & Associates (whose license got Revoked in 2013) and Sandeep P. Parikh. Just a Coincidence? And the Person Signing for MSP & Co is Gautam Sanghvi, former P. Parikh & Associates employee and Director of one of Aron Govil Companies
Even More interesting is the Fact that guy that signed of the Auditors Consent and Certificate of Cemtrex India Private Limited for MSP & Co Chartered Accountants, Mr. Gautam Sanghvi, was also a Director at Ducon Infratechnologies Limite (A BSE listed company controlled by Aron Govil) and used to work at of P. Parikh & Associates.""
Sand did that once before
Filled for, but didn't announce a R/S. Tilden and Sand are Class A predators
but they had a short window of "currency" with which to pull it off. Next 10Q is due in 2 weeks for the Sep quarter
As of October 11, 2017, there were 4,263,499,851 shares of the registrant's $0.00001 par value common stock issued and outstanding.
https://www.sec.gov/Archives/edgar/data/1399306/000159406217000245/form10q.htm
We’ll take our next question from Sheldon Grodsky with Grodsky Associates.
Sheldon Grodsky
I'm calling under my own name. A couple of questions. Is there anything that you can see that is serious about the contracts of activities? I mean it doesn't seem real. The stock market doesn't seem to be taking it seriously. I don't seem to be taking it seriously. Is there anything -- any elements of reality to it or are these guys just well are from an alternate universe and putting out press releases.
https://seekingalpha.com/article/4118898-key-tronic-corporations-ktcc-ceo-craig-gates-q1-2018-results-earnings-call-transcript?part=single
$CETX tangled web
https://seekingalpha.com/instablog/6460311-unemon1/4962240-india-new-china-stock-scams-cemtrex-inc-warrants-sec-investigation-delisting-cetx-lied
""Aron Govil Business Partner, Sandeep Parikh(5% owner of Cemtrex India Private Limited), used to work as a Partner/Accountant at the Family Firm P. Parikh & Associates (Padmakant Nanalan Parikh, Sandeep's father). P. Parikh & Associates License Got Revokes in 2013 and Sandeep P. Parikh censured and banned from being an associated person of a Registered Public Accounting Firm ( See PCAOB document Revoking Parikh & Associates registration:
Info in the "Articles of Association" for Cemtrex India Private Limited confirms that Aron Govil Business Partner is the very same Sandeep Parikh Accountant, the son of Padmakant Nanalan Parikh (founder of P. Parikh & Associates).
The Auditor of Cemtrex India Private Limited does however have the very same address of P. Parikh & Associates (whose license got Revoked in 2013) and Sandeep P. Parikh. Just a Coincidence? And the Person Signing for MSP & Co is Gautam Sanghvi, former P. Parikh & Associates employee and Director of one of Aron Govil Companies
Even More interesting is the Fact that guy that signed of the Auditors Consent and Certificate of Cemtrex India Private Limited for MSP & Co Chartered Accountants, Mr. Gautam Sanghvi, was also a Director at Ducon Infratechnologies Limite (A BSE listed company controlled by Aron Govil) and used to work at of P. Parikh & Associates.""
Front page stocks
Cemtrex, Inc. (CETX): CorporateAds.com has received $4,000.00 cash for a 1 Month profile.
http://www.frontpagestocks.com/disclosures/
pretty sad that baby govil is spending shareholder dollars on pennystock promotions. Even worse is that the stock continues to sell off in spite of it
Are these testimonials 100% fabricated?
I can't find any businesses that connect Ritch to these individuals.
Testimonials
http://www.promatcher.com/RobertRitch
I have worked with Robert on a number of occasions in the past 3 years, both negotiating with companies in which he had an interest and having him work with me and my colleagues to raise funds for other companies.
Robert is commercially, financially and technically savvy and very quick to spot opportunities and identify and solve problems.
Personally he is straight forward; he does what he says he is going to and provides straight answers. I would have no hesitation in working with him again.
Nadine Polin
Robert has been an absolute blessing to deal with! By far, he's one of the most helpful business people we've ever dealt with. Not only did he help us get a higher return on our money, but he also demonstrated a lot of skill in completing deals. He definitely is well informed and truly wants us to succeed. Without question, he's who we trust. Thanks again!
John Knoewles
I've had the good fortune to work with a number of exceptionally talented finance professionals in my career and Robert is among the top few. He has all of the typical skills that you would expect from a finance expert in terms of business capital funding and private equities. More impressive, however, is Robert's ability to apply those financial tools to operational challenges and align the two to achieve company goals. He also brings a practical and even approach to business challenges even during the most difficult of times. I cannot recommend him more highly.
Donna Hegland
Robert has knowledge, experience and vision that he shares for educating businesses. He has such a vast intricate knowledge of business in general. He shares what steps need to be made and in what order for them to be taken, to become successful. But while doing all this he is humble, uplifting, a no nonsense kind of guy. He has a way of letting you know you’re not the first one to make a mistake, you will not be the last, but this is what needs to be done in order to fix it. I am so thankful that he is sharing his knowledge with me. Melanie Roady
Robert was a hired consultant on a significant global finance and operational transformation initiative. He is a strategic thinker with the unique ability to not just create a strategic vision, but to mobilize and operationalize it as well. He has a deep expertise in the Capital Funding space including finance and operational processes. He was a pleasure to deal with as a consultant - demanding but fair, incredibly hard working and always informative.
Tony Hotz
Robert is a truly exceptional individual. Working for Robert opened up a series of business opportunities that I had not imagined and would not have had were it not for the leadership, mentoring, and financial capital that Robert provided. He was always first to lead by example in indentifying and nurturing strong business partnerships. In addition, Robert is a staunch champion for finding small businesses capital funding. Combining both the personality of a champion with the technical expertise of a seasoned professional distinguishes Robert as on of the best leaders for which I have had the priviledge of working with.
Melody Delehoy
Robert is perhaps one of the most intelligent and ambitious men in finance that I know. He is seasoned and very well versed at a multiplicity of the many facets of finance. From banking, SBA lending, Asset Based, Factoring, Capital Raises to Debt Restructuring - Robert has a depth of understanding that I call upon frequently. He is meticulous at follow through, follow-up, and is a tenacious advocate for his clients. Lastly, Robert is also a very creative spirit at marketing and advertising and promotion.
Josie Metler
Rob was very knowledgeable and closed the investment quickly!
Jason Pratt
Robert is a Financial and Funding Genius! His innovate approach and years of getting businesses/ real estate projects funded is really impressive. He is always on the lookout for the next and best investment and I have been impressed with his work ethic, business experience and focus on helping his clients grow their businesses. I would highly recommend hiring Rob's firm to help you secure funding or grow your business!
Kurt A. Nederveld
Rob was keenly aware of the challenge I faced launching a business and delivered when no one else could. The capital from Rob allowed me to start my business. I highly recommend him.
LeRoy Young
WWIO has a recent $470,000 judgement against it
That's why it went dark and won't be coming back anytime soon
https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=AVLFEoy38IzfNihc_PLUS_Xp0SA==&system=prod
With CETX and the blogger
an obscure blogger, on a single site, said mean things about CETX and their scammy auditor. There were more views of Pearson's blog AFTER CETX sued him than before. Personally I never heard of Pearson or CETX until the lawsuit.
With KTCC, they have a publicly traded company putting out press releases and SEC filings under both the CETX and KTCC tickers claiming the value of KTCC is half of what the market currently valuing it at. Not only that, but CETX got trading in KTCC halted to attract even more attention.
Its one thing to say mean things. It's a whole other issue altogether when you reach out and touch the victim and demonstrably interfereing with the trading in the company's stock. CETX prevented KTCC stock from trading for 30 minutes, then caused people to buy KTCC stock for 30% higher than before and after the "offer"
UNVC is even worse
they've been dormant for 6 years. A Black owned reefer grower put out a press release saying they are partnering with UNVC and UNVC is off to the races. Then the pot company puts the UNVC CEO on the BOD and people realize the UNVC CEO is black. Well, heck yeah, now the dots are connected. Somehow this will be a minority owned juggernaut that will clean up because of all of the minority set asides in the reefer industry.
Huh?
UNVC still has not put out a PR or filing in 6 years. They have been completely silent throughout the pump. Only the privately owned pot company has said anything plus bringing the CEO onto the BOD.
UNVC has IRS & bank liens against it and the CEO is being sued by his kid's Catholic school. How would they operate if they can't even open a bank account?
KTCC has a good case against CETX for Tortious intereference
Multile PR's and SEC filings claiming KTCC is poorly run and overvalued. But more importantly, one of those filings involved CETX having KTCC stock halted for over 30 minutes interfering with the free trading of KTCC shares. An overt act that has caused damage to KTCC
Problem is he picked a company, KTCC
that is 40% owned by institutions. Institutions that wouldn't touch CETX with a 10foot pole. Both because it is a pennystock, but also because common shareholders have no voting control of CETX. Daddy Govil and Baby Govil hold full voting control of CETX besides being CETX managment.
That's why they can get away with stiffing the prefferred shareholders on their dividend and following that up with stiffing the common shareholders on their dividend.
Bad governance
So of the remaining 60% of KTCC shares, CETX would need to get almost ALL of them to have any voting control. Likely more than half of those aren't even aware of the offer as they aren't monitoring PRnewswire for takeover offers. No Proxies have been sent
I noticed
Asher among the noteholders. 5here are a ton of noteholders, but the small note remaining to asher could really mess withtheir plans
But Brian Altounian is still here
The volume may be incredible
but look at the endless supply willing to sell at .0001
The message being shouted is quite loud
20 Billion AS
Not hard to see where this one is going
The prior CEO was just a straw man
Brian Altounian has always been the driver of the bus. He's had a divorce, IRS liens, SEC problems with Imaging3, and State Tax liens for Alliance aquisitions.
He spends his days now scamming special needs families by selling them crap insurance policies.
Altounian ran WWIO into the ground. PDOS into the ground and IGNG into an SEC enforcement action.
this is how he spends YOUR money. (and on Trips to Israel for his older daughter) For such a lardass, he sure loves taking selfies
https://www.facebook.com/brian.altounian
https://twitter.com/brianaltounian?lang=en
Govils claimed to own KTCC stock
one wonders why they would not present their case at the shareholder meeting. Either formally with the permission of the KTCC BOD, or informally during the meet and greet.
I think the boy king is probably scared to talk to adults.
CETX has had no contact with KTCC nor has filed the offer with the SEC
FARMINGDALE, NY, October 23, 2017
The complete terms and conditions of the exchange offer shall be set forth in an amended Form S-4 registration statement when filed, with the Securities and Exchange Commission.
https://www.sec.gov/Archives/edgar/data/1435064/000149315217011899/ex99-1.htm
Key Tronic has not had any communication from Issuer detailing its purported offer, and Issuer has not commenced any formal exchange offer for Key Tronic common stock, which would require additional SEC filings by Issuer.
https://www.sec.gov/Archives/edgar/data/719733/000071973317000032/q22018cemtrex8-k.htm
Rejected by KTCC as they believe the offer is a scam
Transfer agent as CEO???
WWIO updated their profile and the company contact email goes to a transfer agent and the CEO has the same name as the transfer agent
tony@nmfsi.com
https://www.otcmarkets.com/stock/WWIO/profile
Company Officers/Contacts
Tony Anish CEO
Jitu Banker CFO
https://www.transferonline.com/AboutUs/ClientDetail/Crednology-Holding-Corp
Jitu Banker and Tony are supposedly tied to another mennystock MLHC
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109966899
KTCC shareholder meeting tomorrow
Want to bet that Govil will not attend. These offers are just pr efforts aimed at promoting CETX. KTC is not at all interested in CETX
The Annual Meeting of Shareholders of Key Tronic Corporation, a Washington corporation (the "Company") will be held on Friday, October 27, 2017, at 10:00 a.m. Pacific Time at the principal executive offices of the Company, 4424 N. Sullivan Road - Upper Level, Spokane Valley, Washington 99216 (the "Annual Meeting"), for the following purposes:
As of October 11, 2017, there were 4,263,499,851 shares of the registrant's $0.00001 par value common stock issued and outstanding.
If you read the 10k 3 things jump out
1) they admit to having sold off all of the inventory that is saleable
2) they took out a ton of convertible notes over the summer
3) they hired back Gary Tilden as a consultant
https://www.sec.gov/Archives/edgar/data/1399306/000159406217000243/form10k.htm
Inventory Adjustments:·
The Company conducted a physical inventory and determined they did not have any finished goods on hand. During the audit, management agreed that while there was potential for the inventory value to be realized, it was not likely, considering the Company was not making efforts to find new customers to sell the old outdated technology to, and current customers were only interested in certain items (items sold in 2017). Accordingly, the Company determined to conservatively allow for the slow-moving items that had little to no movement during the years ended March 31, 2017 and 2016.
On June 1, 2017, the Company entered into a Consulting Agreement with former President Gary Tilden. The term of this agreement is for a period of one year and is renewable with mutual consent. The Company has agreed to compensate Mr. Tilden $2,500 per month and any unpaid fees will accrue interest at 6% per year.
14. SUBSEQUENT EVENTS
On April 1, 2017, the Company entered into a Consulting Agreement with Hanson & Associates. The Company has agreed to pay Hanson & Associates a retainer of $15,000 for services performed for a period of three (3) months, and a fee of $5,000 per month thereafter. In addition, the Company shall issue $25,000 in SIML common shares. The stock is to be issued upon signing of the agreement and will be restricted for six (6) months, however, as of the date of this filing the shares have not yet been issued.
On April 7, 2017, the Company entered into a Consulting Agreement with Greg Rogers. The Company has agreed to pay Mr. Rogers a retainer of $10,500 and a monthly fee of $3,500. In addition, the Company shall issue $25,000 in SIML common shares, which, as of the date of this filing, have not yet been issued. The stock is to be issued upon signing of the agreement and will be restricted for six (6) months. As of the date of this filing, the Company has terminated the Consulting Agreement, and has agreed to issue $25,000 in shares as stipulated in the Agreement.
On April 27, 2017, the Company extended their Investor Relations Consulting Agreement with StockVest through August 1, 2017 and issued them an additional 80,000,000 shares of restricted common stock as compensation pursuant to the Agreement.
On April 20, 2017, the Company entered in a Convertible Promissory Note with Tri-Bridge Ventures LLC in the amount of $35,817 which was pursuant to an Assignment and Assumption Agreement, where Tri-Bridge Ventures, LLC purchased the debts of $20,000 owed to Carl Abrose and $15,817 owed to Frank Trapp. The note is unsecured, bears interest at 8% per annum, and matures on April 20, 2018.
On April 21, 2017, the Company entered in a Convertible Promissory Note with Tri-Bridge Ventures LLC in the amount of $20,000. The note is unsecured, bears interest at 8% per annum, and matures on January 21, 2018.
On May 24, 2017, Mr. Gary Tilden tendered his resignation as President, Chief Executive Officer and Secretary of the Company, effective June 1, 2017. The resignation did not involve any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Mr. Tilden will continue assisting the Company pursuant to a Consulting Agreement effective June 1, 2017. Further, the Company issued Mr. Tilden 536,351 Preferred Series A Shares in exchange of accrued salary and expenses of $960,069. Additionally, Mr. Tilden returned 250 Series B Voting Preferred shares to the Company for cancellation, in addition to 121,590,909 common shares and the Company issued Mr. Tilden 747,208 Series A Preferred shares.
On May 24, 2017, Mr. Robert Stillwaugh was appointed the position of President, and Chief Executive Officer of the Company, effective June 1, 2017. Mr. Stillwaugh will be compensated under his Employment Agreement entered into on April 1, 2016, and will receive no additional compensation pursuant to his appointment.
On May 24, 2017, Mr. Mike Schatz was appointed the position as Secretary of the Company, effective June 1, 2017. Mr. Schatz will be compensated under his Employment Agreement entered into on April 1, 2016 and will receive no additional compensation pursuant to his appointment.
On June 1, 2017, the Company entered into a Consulting Agreement with former President Gary Tilden. The term of this agreement is for a period of one year and is renewable with mutual consent. The Company has agreed to compensate Mr. Tilden $2,500 per month and any unpaid fees will accrue interest at 6% per year.
Subsequent to March 31, 2017 the Company issued 3,013,670,147 shares of common stock in exchange for the conversion of convertible notes payable and accrued interest. The Company also exchanged 12,788 Preferred Series A shares for 191,832,324 Common Stock shares.