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This is the second time this has tested 3.90's .. hope it pushes thru..
Why doesn't APT walk into Harley-Davidson and try to sell there? Or why don't they find the motor-cycle or bike that is the most highly produced and has a long track record but that they can apply the smart-carb to? I would love to be a reseller of the Smart-Carb.. Hell make money on both ends. 150mpg is a game changer for motorcycle riders. This is going to be industry changing once they get a car engine.. this could rival electric technology if they can transfer the efficiency in mpg in cars and light trucks. People love gas vehicles over electric bc of horse power and torque.. This technology seems to solve both and burn fuel more sufficiently and efficiently, giving your potentially greater power, less pollution and better fuel economy. If Tesla is the wave of the future, Big Oil and Gas should embrace this technology as the lesser of two evils for self-preservation.
????Why is this just being posted here this late? This is old news or am I totally missing the point?
Not confirmed yet but YOD might be making deal for some of Time Warner Library..Dollars..big Dollars..like Disney deal..News could be out anytime any day!
Listening to others "advice" is a bad move. Some people have their whole lives wrapped around trying to council others on their investments when things seem to go south. The real case (and even with FSPM) is all these cases are different. Dittman "may" have hired this attorney. so far we have one report from a "so so " source. We know about his brother-in-law and he and his wife could be the bad actors in this case and not Dittman himself. The bottom line is there is a federal investigation going on here and for all the speculation, Dittman hasn't been charged with any thing. Cooler heads will wait to see how this plays out. I surely wouldn't be listening to some self made expert with no credentials backed by a flimsy article to make decisions on my trading positions.
I'll buy all your shares from you at .002..thank you very much! :)
Not true. I have said it 5 times already. FROZ usually drops news (bad/good/indifferent) on Friday's after the bell. It's been that way. Go look at the history. when someone asked today when they thought news was coming out..I said FROZ usually drops news after the bell on Friday's.. Not saying they waited until Friday to drop the news but this is "normally" when news breaks for them.
I think it is rather good news. This will be a full accounting. 5 years. Then ticker change or vise-versa and then fins from 2nd Qrt the next month and off to the races.
I hear ya.. If this dips back into the 2's, I'm buying a ton..
I see a bounce in July followed by 2ndOrt fins in August and then a snowball.
Could go Ticker Change, Audit, 2ndQrt Fins... Wave ride.. 3rd and 4th Qrt are biggest earning quarters .. A Dime in January.. (claps) (hand-slaps)
I says first week of July....not 14th
About FSPM:
Don't sit on your hands folks. Do something.
Find information and be proactive.
I have contacted the Denver Post and talked to a reporter and asked them to investigate this issue.
I have contacted the Federal Prosecutors office for the Colorado District and will be updated when/if charges are filed in this case.
I have Googled - US Congressman (city,state) and written a letter to my congressman and have had a response from his office saying he will look into this (SEC suspended companies, us losing our money and government over-reach)
The kicker...I didn't have to move one inch out of my chair to do any of this.. a little typing and a few clicks of my mouse and I got something accomplished. Do your part.
Everyone who has money at stake should be doing at least the same.
This is your hard earned money folks.. speak up!
They have and they are doing it.
I'm old enough to remember the Dot.com bust tho... I was in school at the time but I followed a few companies.... a few that took a hit are solidly in the mainstream now..
What makes you think a pop is coming?
Will this ever see .04's again..SAD!
or even 3's
Are you implying that because I said "after the bell", that I am causing fear or selling? If not, what are you getting at? Maybe you have too much time on your hands. My statement is a statement of FACT! FROZ usually reports on Friday's after the bell! it's like saying the sun rises in the EAST!
Wouldn't be surprised if FITX bit the SEC bullet!
Someone said the same about FS*M and they were suspended too.
Wouldn't be surprised if ENRT bit the SEC bullet!
SLNX is next to bite the SEC bullet!
FROZ has a track record of releasing info on a Friday after the bell. so may be today. If not today, I think by next Friday.
UTRM is next to bite the SEC bullet! HA!
With all the MJ Tickers being suspended, hope some of that new money comes this way.
At the clip they(the SEC)are going the grey markets will be synonymous with the MJ sector. (if you don't know what synonymous means..I laugh at the schools you attended all your life) You can only suspend so many until it doesn't matter or people start to write to their representatives in congress.
Seeking Alfalfa wrote and article and says FSPM was suspended because of ties to a stock promoter. It was strange because if they were promoting the stock, they were doing a lousy job because we were getting no PR's.
http://seekingalpha.com/article/2230483-provectus-strong-sell-ties-to-paid-stock-promoters-sec-halt-risk-price-target-0
I read your link to the article and the price hadn't even reached the price of .75 cent yet, so this is "hot" off the presses. I take everything with a grain of salt. These people are just speculating if and until charges are filed. Do your own DD folks. Some people mean well and have been around for ages it seems but contact the Federal Prosecutors Office and Jeff Dorschner, Press
Officer, at 303-454-0243. Or email: jeffrey.dorschner@usdoj.gov to get solid info on the FSPM case. I wouldn't be fast to trust anyone in this case. There is still money to be made in the greys by pushing down stock prices.
I talked to Mr. Dorshner on the phone yesterday. He can't give out info at this time but as soon as info is available and "IF" there are charges filed; he will be the first to have a "REAL" update.
You warned people in March. You said that an SEC halt was coming. They are associated with PH*T. But they do have revenue. That is a fact. they sold product. So you are wrong there. They "believed that they followed all rules and regs according to SEC standards". This is not determined yet. I called Dittman a lot of things but he's not a convicted felon and I don't think felons can lobby congress.
If you knew all this was coming, why didn't you short a million shares? You could be jumping up and down with dollars and bluster right now!
The "ending" hasn't been written yet to this book. To think otherwise is fool-hearty. If Dittman comes thru this unscathed, then he has a chance to put things right. Common sense ought to tell you that something doesn't fit here. Although I thought he was a "bad manager", you don't start organizations in the MJ sector, go to trade fairs, open new outlets, council businesses you have sold your product to, lobby congress and be all in the public eye for the last two years just to fall hard on your yass.
As I said before. If this is a scam, it is the worst scam in history because Dittman could have dumped 10's of millions of shares when this hit 8 bucks and been on some island in the south Atlantic. He had no restrictions on his shares. NONE. There is nothing that anyone could have done about it until after the fact. Secondly, where was the pumping? People were practically begging the guy to put out PR's... Something doesn't fit and until you have all the facts, you can think that being in close proximity to another -not halted- "suspended" ticker is the reason FSPM was "suspended" but will only be guessing at best. In the end, I believe, the reasons for the "suspensions" will be as different as night and day. But "claps" to Rakeman. He was right about something. "Why" was he right? - Who knows? But Cheers man.
This is going to be a tough decision for everyone involved. A lot of people have jumped off the boat. I have probably the most to lose out of any investor that is posting here. Shares and Dollars expended... it's big..trust me. That said.. I have called Dittman lazy, disinterested, etc, etc.. But until the shoe drops (and I have been in contact with the Federal Prosecutors office in Colorado) and charges are filed, I'm holding my position. I'm treating my investment as a total loss. I have already started to make trades to re-coop the losses here.. A lot of people who trade don't "know" these folks who own these companies...any of them. I have tried to be fair on both sides. An FBI raid doesn't look good but it also depends on who the target of that raid was. The investigation is still on going and I do expect charges but I don't know if Dittman will be charged. And focus, you are right people can't blindly follow what comes out of anyone's mouth. That said, all the facts aren't known yet and no one at this juncture who is buying or selling is trading based on all the facts. FSPM went from 8 cent to 8 dollars in less than 1 year. Until the man is charged, I am still a holder. If prices get too low, I have a chance to average down for pennies as compared to where I am now. The post with the guy saying he averaged down before and broke even was deleted but there was some good info in it if you had a chance to read it. I'm not really a faith person as regards to people but a chips fall where they may person and most the chips are still in the air. IMHO
http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=1346460204
Here is the link.. I was looking for it word for word and couldn't find it until you sent your post. before that I could only find quotes of it. But what is news to me is that Dittman says he is "saddened and confused". He even "denies" committing any eras. Here is the entire, full PR. I hate when people only post parts of something..
For Immediate Release
June 2, 2014
FUSIONPHARM’S COMMON STOCK
RESUMES TRADING TODAY
Management Reviewing Legal Alternatives in Light of Trading Suspension and Search and Seizure Warrant Commerce City, CO, June 2, 2014 (Business Wire)
–
The common stock of FusionPharm Inc.
(OTC Pink Sheets “FSPM”)resumes trading today.
On May 16, 2014 the Securities and Exchange Commission (“SEC”) suspended trading of the Company’s Common Stock as part of
an ongoing investigation. The trading suspension order expired
on May 30, 2014. Based on conversations with the Government’s attorneys, management of the Company believes the Government’s
concerns include the Company’s previously disclosed 2012 financial statement restatement, its receipt of revenues and its
failure to disclose related party transactions with William Sears, the brother-in-law of the Company’s CEO, Scott Dittman.
Upon information and belief, the Company also believes the government is reviewing the trading history of Mr. Sears
in the Company’s common stock. In 2007, Mr. Sears pleaded guilty to federal charges involving securities fraud and bribery.
Mr. Sears is currently or formerly affiliated directly or indirectly with Meadpoint, LLC Meadpoint Venture Partners (“Meadpoint VP”), Bayside Realty Holdings,LLC and/or Vertifresh LLC (“Vertifresh”).
On May 16, 2014, a search and seizure warrant was executed at the Company’s offices located in Commerce City, Colorado as part of an ongoing investigation of potential securities law violations. In executing the warrant, federal authorities seized company records, computers and approximately $200,000 in funds from one of the Company’s bank accounts.
The Company is engaged in the manufacture and sale of PharmPod™ hydroponic cultivation container systems, including sales to licensed cannabis operations in Colorado, Canada and elsewhere. The Company has been relying upon statements previously issued by the Obama administration, including releases issued by Attorney General Holder, effectively stating that it would not prosecute those lawfully abiding by state-designated laws allowing the use and distribution ofcannabis. Although the Company does not and has never cultivated, distributed or otherwise directly participated in the cultivation, sale or distribution of cannabis, its receipt of funds from businesses that are engaged in these activities creates certain risks.
While the Company intends to cooperate with the Government investigations, until it gains a more complete understanding of the precise nature of their concerns it will have no further
comment on these matters.
The Company would like for its shareholders, customers and trade partners to know that it continues to operate its business and produce its PharmPod containers. “We are both saddened and confused by the actions taken against us by the federal government” said Scott Dittman,CEO of FusionPharm. “We intend to cooperate with the authorities to provide them with all relevant information to show that our prior actions were taken in good faith and in accordance with our understanding of applicable securities law requirements.”
US.54264740.01
US.54275676.01
US.54275701.01
US.54275830.01
US.54276107.01
For Further Information please contact:
Scott Dittman,CEO (720)458-0686 ______________
Safe Harbor Forward-Looking Statements To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements
are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
I'm glad that you are confident. Me?, not so much now. FBI raid means something was going on.. I would like to read the statement of "probable cause". That should tell us what the FBI was specifically targeting. They narrowed it down to computers and records from the company that they had to seize in order to make their case. Make no mistake.. THIS IS SERIOUS AS F*CK!
Federal Agents just don't show up at your door with a warrant for search and seizure just for the hell of it. Like Eddie Murphy said..Nothing for nothing leaves nothing..had to do something, m and f-er showed up at your house.. (originally he says.. "punched you in da mouth"..but it fits here too)
If Dittman had anything to do with this, I hope he ends up in jail with his sister and brother-in-law. He cost a ton of people a lot of money. He should have known what was going on in his own company and if he allowed it to happen, he is just as responsible. This is why people don't take chances on start-ups because at the first sign of money, the greed factor kicks in and destroys everything.. I hope there is a whole lot of prison time waiting at the end of the road for these jerks..
Now we know why he didn't make a statement because "anything he says, can and will be used against him in a court of law.. etc, etc.."
So did they beat on everything besides guidance?
Heck no.. This will get back all it has lost during the NASDAQ dip. I sold 10k shares on Friday hoping to get back in at 2 but it didn't drop that far.. this hits 3 by June 9th tho.. so imma buy back.. shorts may get squeezed on a little bit.. That should help.. a good pop to 3 is coming..
LOL .. I had already bought just before news broke Friday.. didn't even know it was coming.. Should see 4's this week.. hopefully we get some sort of squeezing to really push the price back up.. Then this can hit 5's if we are lucky..This stock really flies when some volume hits it.. the last run past 7, I would have doubled my profits if I had waited until the eod to sell.
You are everywhere..This goes on a run tomorrow.
Look at the chart from last year this time. Imma pick up about 1500 shares at the open and ride this to 23 bucks...
detering you crack me up..
but been going here to get solid leads.. it's like picking thru the on-sale rack and you have to do a little work but I found KKD in the bargain bin.. If they do what they did last year this time, we are in for a ride here..
oh yeah, almost for forgot..
http://biz.yahoo.com/research/earncal/20140602.html
This is our month.The turn is coming!
You can get out and lose out but I will be first, second, third and twentieth to tell you that I told you so.
We start running on symbol change and pr's, then average 2nd quarter earnings, then monster 3rd and 4th quarter and better than a dime by the end of January.
News is typically released on Friday's for FROZ
after the bell tho
Gave Dittman the benefit of the doubt..It's time to start contacting lawyers now. Either it is fraud or mismanagement but he should know that he at least owes his shareholders an explanation. I will start calling attorneys soon to see if there is a class-action suit possible.
Can you explain something aapla400. I don't doubt your last post but you have had an account for over 2 years and this is your first and only post about FSPM and you are validating their business at a time when the stock is suspended. This isn't personal but can you tell us why this is your first post and why FSPM and why you decide to comment on this subject now?
I know this is on-topic because this is about reporting of the company and getting accurate information. Why did you set up a tour with FSPM? Are you invested now? How many people did you see working there?
It is just an odd way to start your IHUB membership and I just think that it is strange.. I am not doubting your reporting but you have to even admit that it is kinda odd.
This makes little to no sense at all. Please just stop with your madness. A homeless person with no income would get a better rate on a home loan than what you are suggesting.. If it is too good to be true, then it is probably a lie. This formula you presented doesn't pass the laugh test... IR can't get shares into perpetuity. I've heard of far fetched schemes but this formula teeters on lunacy. And of course, it is your "interpretation" and loosely based on facts.
Are you prepared if Scott doesn't makea statement?
I was just reading thru but had to respond to this.
How in the hell can you come up with this conclusion from the audio we just listened to?
It's like saying, "I can tell this person has a brain tumor by looking at the way they are walk."
I mean this is not personal but we did listen to the same audio and how can you narrow blame of not having enough liquidity down to this one guy as the cause of it?
People leave jobs because of frustration, better opportunities, to insulate themselves from impending danger, fired or retire. Sometimes a family decision but rare.
I would like to talk to this guy because unless it is a promotion and a better opportunity, then it is probably something negative. Having worked in the position that he was in with this company in this transition, he knows exactly where APT is headed and what they plan to do.
Maybe he just bowed out and quit the game because he was holding a shaky hand. At any case, you can't say he is to blame for the company's struggle with not having enough operating income.