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📢 Exciting News for Shareholders 📢
,
I'm thrilled to announce our Emergency Shareholder Meeting on November 18th! Your voice matters, and we're eager to discuss the future of our corporation with you.
📆 Date: November 18th
🕛 Time: 12:00 PM (noon)
📍 Location: Star Theater, Berkeley Springs, WV
🌐 Virtual Option: Join us via video link
We have a lot to cover, including the election of a new Board of Directors. Your input is invaluable. Please RSVP by NOV 10th 223 by sending me a direct message.
Looking forward to productive discussions.
Best regards,
NRJ
To all shareholders of Altavoz Entertainment Inc.,
We, the concerned shareholders of Altavoz Entertainment Inc., are writing to express our deep concern about the current state of affairs within our company. We believe that the current slate of officers has failed to fulfill their duties and responsibilities to the shareholders of the company.
As shareholders, we believe that we have a right to be represented by a competent and accountable leadership team. We are therefore requesting that the current slate of officers step down and that we, the shareholders, be given the opportunity to elect our own slate of officers to lead the company.
We believe that this is necessary in order to restore investor confidence in the company and to ensure that our investments are being properly managed. We urge all shareholders to support this effort and to exercise their right to vote for a new slate of officers.
Thank you for your attention to this matter.
Sincerely,
Nelson R Jacobsen, shareholder former ceo
May 3rd 2023
Dear Altavoz Entertainment Inc. shareholders,
As you may be aware, the current Board of Directors of our company has been abandoned by its officers and executives. In light of this, we have decided to submit an alternative board of directors to ensure the company's proper governance and future success.
Under Nevada law, any interested parties who wish to be included in the alternative board of directors should contact Nelson Jacobsen. We are committed to maintaining transparency and integrity throughout this process and look forward to working together to steer the company towards a brighter future.
Thank you for your continued support.
Sincerely,
Nelson
Asked ChatGTP to summarize :
Based on the provided shareholder update, there are several concerns that a common shareholder of Altavoz Entertainment Inc. may be worried about. Here are five bullet points summarizing those concerns:
Legal issues and leadership changes: Altavoz Entertainment Inc. and its subsidiary Nurish.Me LLC faced garnishments on their bank account and lawsuits, which consumed free cash and required payments for lawyers and settlements. In addition, the company experienced significant changes in leadership in 2022, including resignations of the subsidiary's CEO and Chief Formulation Officer, as well as board members.
Special shareholder meeting and accusations: A shareholder with an interest greater than 10% requested a special shareholder meeting, where a motion was put forward to elect David Perez to the board but failed to get enough votes. During the meeting, David Perez accused two other directors of wrongdoing, which led to an internal investigation that found no evidence of any wrongdoing by them. The investigation, however, revealed that Perez gave away more than one million dollars of retail value of products without any revenue opportunities.
Misleading actions by David Perez: David Perez misrepresented himself as being linked to the company after his official address was removed from him when he stepped down as Chairman and CEO in September 2021. He also set up a domain separate from the company's official website and used an email address to represent himself, causing confusion among several parties. Moreover, he accessed company assets without any written or verbal management approval, resulting in an outstanding account with Nurish.me LLC.
Limited access to cash and poor performance: Altavoz Entertainment Inc. faced limited access to cash, and its engagement with InSocial, a social media company, delivered less than optimum outcomes for Nurish.me. As a result, the InSocial contract was terminated, and a subsequent opportunity to merge with another company in December 2022 did not materialize.
Product issues and concerns raised in reverse merger: The company faced challenges with some of its products expiring this month, and new liquid CoreCumin production would only commence in early March. In addition, the company is investigating concerns raised by persons involved in the reverse merger between Altavoz Entertainment Inc. and Nurish.me LLC in relation to the finalization of the merger deal.
Overall, the update suggests that the company is facing several challenges, including legal issues, leadership changes, poor performance, limited access to cash, and product issues. Common shareholders may be worried about these concerns and the company's ability to overcome them.
Altavoz Entertainment Inc. Shareholder Update
14th February 2023
We are pleased to release our financial figures for 2022 on OTC markets under ticker code AVOZ.
2022 was a challenging year for Altavoz Entertainment Inc and its subsidiary Nurish.Me LLC. In the first half of the year, our growth plans were impacted by garnishments on our bank account and lawsuits with Bioscience Xtra Ltd and Venture Investment Group, which we had to navigate. As a result, our free cash was consumed by paying for lawyers and managing the settlements of actions against Nurish.me and our own counterclaim. Additionally, we incurred two years of accounting services in 2022, namely the financials for 2020 and 2021. Furthermore, GAAP Genies provided accounting services up to June 2022 before being re-engaged to complete the 2022 accounts in preparation for a merger opportunity. Altavoz Entertainment Inc now meets the requirements to uplift to Pink Current status based on the work performed by GAAP Genies over the past 18 months. This is a significant milestone that has been achieved
We experienced some significant changes in our leadership in 2022. We received resignations from subsidiary Nurish.me LLC, CEO and Chief Formulation Officer on June 23, 2022, following the Venture Investment Group $7.8 million judgement. Moreover, we informed shareholders that members of the board had resigned. However, a recent review of notices found that they had resigned specifically from the subsidiary Nurish.me LLC and not their positions as directors of the Altavoz Entertainment Inc board.
Isaac Management, a shareholder with an interest greater than 10%, requested a special shareholder meeting be called, which was held on August 24, 2022, at 1 pm ET. During the meeting, a motion was put forward to elect David Perez to the board, but it failed to get more than 50% of the eligible vote and was dismissed. We also discussed the financial position of the company and presented a plan moving forward to shareholders in attendance, along with an audio statement from the former CEO Caesar Kavadoy.
David Perez towards the end of the Special Shareholder Meeting accused both Dr Michal Heger and Dr John Lewis of wrongdoing. An internal investigation found that Morris Formulations owned by Dr Lewis had no agreement in place with Nurish.me to sell his product and therefore was free to sell their product elsewhere. Dr Hegers employment agreement also gave provision for liquid CoreCumin sales in markets outside of North America therefore was able to do so and was entitled to $2m in revenue, with a 25% share being returned to Nurish.me when that number was reached. Sales in the liquid Corecumin are not material in nature to date. Furthermore investigations found David Perez during his tenure as CEO of Nurish.me Inc/Altavoz Entertainment Inc gave away in excess of one million dollars retail value of products with no apparent revenue opportunities derived from these massive handouts of free product.
Following the Special Shareholder Meeting David Perez managed to persuade Nurish.me LLC distribution and warehousing partner, WSA Distribution to release in excess of $50K of retail product to him making representation that he was entitled to this and had permission to access company assets without any written or verbal management approval. WSA at the time was under clear instruction not to release any product to David Perez without prior written management approval, this was clearly fraudulent misrepresentation on Davids behalf and WSA acted on that misrepresentation. San Diego Police Dept were engaged however a decision not to press criminal charges on David as a founding partner and a major shareholder was made, instead we made an offer for him to purchase these company assets at cost rather than face criminal charges. His account with Nurish.me LLC remains outstanding today.
David Perez also sort to mislead investors, customers and the public by setting up a domain separate from the companies official www.nurish.me and set up www.nurishme.com
and using the email address david@nurishme.com to represent himself being linked to the company after his official address david@nurish.me was removed from him when he stood down as Chairman and CEO in September 2021. The actions have caused confusion amongst several parties.
Following the Special Shareholder meeting, we attempted to discuss pathways forward with noteholders, but some parties either failed to enter discussions or dismissed the attempts to renegotiate their notes to salvage the company. The major judgment holder, Venture Investments Group, remained willing to negotiate a position that everyone could benefit from.
We began a search for a replacement CEO; however, with limited access to cash and several less-than-suitable candidates, we had to draw this exercise to a close.
InSocial, our social media company, who were brought in by a former CEO, continued to deliver less than optimum outcomes for Nurish.me. Our engagement with Disruptify was put in place access the former Nurish.me employee Kevin Huff to drive sales and oversee the InSocial contract. However, after another period of poor performance between September and November 2022, the InSocial contract was terminated. Disruptify proposed delivering what the InSocial team had been delivering, but at a lower cost. There has been transparency that Caesar Kavadoy was a director of both companies Disruptify and Altavoz Entertainment Inc as he disclosed his interested when he had Disruptify produce his CEO video updates previously and Nurish.me LLC incurred fees for these services.
We identified an opportunity to merge with a company in December that had more than $20 million in revenue and was looking to triple that in six months. Unfortunately, the noteholders of Altavoz Entertainment Inc showed limited interest, with only two parties willing to look at a proposal.
A subsequent opportunity arose in January 2023 with another party for a potential merger however noteholders showed no interest in renegotiating their position or entertaining a conversation. With no flexibility to negotiate a path forward which would involve fresh capital the ability for Nurish.me to trade out of its current position seems unlikely.
In December, we finalized a distribution agreement through Disruptify to access Dr. John Lewis CogniNurish product for resale through Nurish.me. This deal was put in place by former CEO Caesar Kavadoy to ensure that if the Altavoz Entertainment Inc or Nurish.me LLC business saw a former CEO and Chairman return to the company, supply would cease immediately.
Following the shareholder meeting on August 24, 2022, the company paid royalties to Dr. Lewis in good faith until the distribution agreement was signed. However, we regret to inform you that Dr. Lewis terminated his relationship with Disruptify on January 29, 2023, leaving us without the CogniNurish product.
Despite our attempts to see Disruptify restore their relationship with Dr John Lewis, they failed to achieve this. While Disruptify have offered to supply us with an alternative product, we will attempt to negotiate directly with Morris Formulations to resume selling their proven product line at Nurish.me. However, we cannot guarantee this, as there are outstanding unpaid costs from more than three years ago, and past issues between the two entities need to be resolved.
Moreover, we are facing some challenges such as some of our products may be expiring this month and new liquid CoreCumin production will only commence in early March. We have been working closely with 10X Health Systems to supply both CogniNurish and Liquid CoreCumin in bulk. However, some production facility issues, and tight cash flow are currently restricting our ability to commercialize this opportunity.
We are also investigating concerns raised by persons involved in the reverse merger between Altavoz Entertainment Inc. and Nurish.me LLC (Florida) in relation to finalization of the merger deal. We expect to provide an update in the coming weeks.
We want to be transparent with you and inform you that it is likely the board will call a shareholder meeting in the coming weeks to present some options for Altavoz Entertainment Inc. moving forward.
We will keep you updated on any further developments.
Altavoz Entertainment Inc.
This release includes additional documents.
Click on the link(s) below to view.
Altavoz Entertainment Inc - Shareholder Update 14 February 2023.pdf
So anybody think they have a plan for the company?
Wondering if anybody else listened to the emergency shareholder meeting that was called by David Perez and at which time the CeO resigned and a statement in a delayed video that we all heard with what he believes happened and why he resigned. A vote was called to put David on the board it failed. And we were supposed to have heard back within weeks from the chairman and whoever else is involved as to what the next steps were to get this company back on track. Does anybody know anything different from this and have you even heard how this company‘s being run besides not too great with A Lotta money that flowed through to executives of this company and sadly they did not even sell product for simply not even having a UPC code which is what Altavoz Distribution does every day. It’s like they don’t want to run a company and play stock games
Topic: Altavoz Entertainment Inc Shareholder Special Meeting
Time: Aug 24, 2022 01:00 PM Eastern Time (US and Canada)
Join Zoom Meeting
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Meeting ID: 895 0629 1411
Passcode: 887889
Topic: Altavoz Entertainment Inc Shareholder Special Meeting
Time: Aug 24, 2022 01:00 PM Eastern Time (US and Canada)
Join Zoom Meeting
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Meeting ID: 895 0629 1411
Passcode: 887889
Just a reminder I offered the board an introduction to a group that would aquire the shell, clean it up and make shares tradable. I pressed David that companies not in compliance will cease to be tradable. And here we are and I suggest any interested shareholders join our group questioning operations of this so called public company.
Find it ironic that David is still getting paid and it was me that gave him the information needed, and allowed the company to rename the Nevada company to Altavoz Entertainnment Inc, which by the very terms or our deal has to be anything but Altavoz Entertainment Inc and they have to have a new Symbol.
Since Im getting an MBA figured I would put it to use and offer some ratio's on what is posted.
https://www.otcmarkets.com/otcapi/company/financial-report/304505/content
Debt to Asset Ratio 2,470,802 /606,664 = 4
Debt to Equity 2470802/(1,864,138) = -1.325
Current Ratio 354,195/2,159,402 =0.16
Quick Ratio 2,204-285,956/ 2,159,402 =-.0131
Numbers are what they are.....
Yes he is out and there is a new CEO, name escapes me and it's weird that it's not in the filings, or did I miss it.
So to David's credit, he has responded and we're going to set up a zoom call next week with the lawyer.
Since I have ZERO interest in running the Public company, my group of sharehouses which is a large block of the existing accounted for shares wants to sell to a buyer.
If your a shareholder for long-term value and have frankly gone through more than most should I believe this is in all of the shareholder's best interest.
You can reach out to me if you have questions and Ill try to answer them.
For what it's worth our company Altavoz is about to make a major move into NFTs and DEFIN DAOS
I just sent an email to David the CEO about WTF is he going to do and will post back here any info.
NRJ
I was the CEO that took over the dormant MXMI and reversed by the company into it, changed the name, sysm, and keep it current until a group of shareholders got together with our lawyer and said, despite it being a full BUCK said I wasn't running well enough and they had a better company.
So Altavoz was reversed out and whatever this new company is pretending to be.
MGMT or Lawyer is not talking to anyone, or resonding to request for info via NV disclosure laws, they're not paying bills since we still get them, despite not being the operating company.
They are complete failures and anyone that pumped them here needs to explain to shareholders how they knew info that no one else did let alone regulators?
So we are all getting Fuked and SEC is going to close this company down, as Im getting notices about this from lawyers asking what I;m going to do. I tell them and one has come back with interested parties about buying the husk of this public co.
If you want to be part of the solution please reach out to me nelson @ altavoz.com
Would you care to make public the email you sent and the reply you got that the rest of the shareholders didn't get.
BTW it's illegal for the CEO or any member of management to be talkign to shareholders about not public plans thats called Insider Trading.
One of the things all shareholders need to think about is that this is a Shell Company. And these shells are worth quite a bit now
ex
6 SPACs to Buy for 'Smart Money' Returns | Kiplingerwww.kiplinger.com › investing › stocks
Aug 3, 2020 - The special purpose acquisition company (SPAC) might be the hot new trend, ... And entrepreneurs are looking for a faster pathway to the public markets. ... so some are publicly tradable right now, while others will be eventually. ... of end-to-end healthcare cost management solutions that's worth $11 billion ...
If this shell has an operating company and it reports the last two years of financials to the SEC OTC Etc we have a tradeable public company. That is all they had to do.......There has to be a reason why they have not and why there is one public statement from the management.
Just saying.
There is nothing more then myself and other shareholders would like than for this stock to become tradable. That was the only reason we agreed to reverse ourself out as operating company and allow another in while taking a haircut on our shareholdings.
BTW anyone ever look into the various companies operated by some of these principles using this name. I'll wait to see if anyone else can find them.
My team filed this report and it's the last time Altavoz was in compliance. The team had until the 1st Q of 2019, yet they have done NOTHING>
Quarterly Report - Altavoz Entertainment Inc and Subsidiaries Quarterly Report for peiord ending Sep 30, 201811/14/2018
There is no good reason to operate a public company in this manner. As well I've mentioned that officals are going after traders and others in this sector.
Here is where I think a few here are very close to breaking the law and it should make you question why anyone shareholder in this stock will putting up with not being able to sell shares legal.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
OTC Markets Group Inc. has released a new classification it is using to identify securities that have been subject to misleading stock promotion, marking the market operator's latest step to help regulate its own trading venues, which house about 10,000 securities.
"Anonymous, paid stock promotion should have no place in the public markets," OTC Markets President and CEO Cromwell Coulson said in a statement.
I'm not sueing -- I know who is and the SEC is going to only be getting a complaint from me and I want to make sure I get some of the pump and dumpers on this stocks that have made claims here when the company isn't legally operating.
Your post is a strawman, since public companys have to report via OTC and none of these facts are listed in any filings.
This is Trump Stakes, the SEC is cracking down on non-filing pinks and are going to make it illegal to trade any share while not in compliance.
BTW I personal know John Hope and have for about 15 years. He knows I own Altavoz and was pitched on it many times. I've aske him via email WTF he's doing because vendors and deals that this new group hasn't finished are casing tax and other issues for those counter parties.
Please BTW keep posting this great stuff I'm going to share it with the SEC and those suing the company.
Totes...
Seems like No one from the company is answering any emails -- the lawyer, CEO NADA. There are some very pissed shareholders and vendos contacting me. As well since the company is still using my company's name and doesn't seem to answer it's inquiries, we get emails asking what up.
I've contacted a few of people listed on the "Board of Advisors" asking them how it was possible they they're working with a company that is illegally operating at this point in time.
BTW Altavoz is one of the main importers of Kpop, so how do you think our sales are going?
Lawsuits are comin....as sure as winter.
Fun fact I don't have to I need only to to the OTC markets everything is just that fluff and probably illegal given they considering the OTC Markets have this posted on it.
Warning! This company may not be making material information publicly available
Buying or selling a security on the basis of material nonpublic material information is prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators may be subject to civil and criminal penalties.
Recent News
Real-Time news about Altavoz Entertainment Inc (PK) (OTCMarkets): 0 recent articles
That people are trading and talking about non-publicy made available information to the markets seems iffy at best and a crime at worse IMHO Myself and some very large share holders don't need to find out about a new board of advisors and potential mergers from a penny stock board. Given the crackdown on Penny Socks by the SEC this is particularly stupid by anyone doing this.
As for the company how they have not updated the public as required since the last time I did it in 3rd Q 2017 boggles my mind that people are so kind. I once from 2015-2018 had missed a filing date and you would have thought the world ended this company has gone AWOL to get info I've ask as a shareholder in Nevada,as is my and your rights, for any and all activity from the company. They have ignored it, emails to them about transactions still not registered with the transfer agent and other concerns still pending.
This should be raining on everyone's parade that thinks something magic is happening, because it's suppose to be a public company and making record, well public it so it required to keep the stock. At a certain time the SEC as per new rules will lock this stock down until it's updated and STOP symbol is removed so then everyone is forbidden from selling it.
Search Results
Web results
Spotlight on Microcap Fraud - SEC.govwww.sec.gov › spotlight › microcap-fraud
If the company does not file reports with the SEC, be sure to ask your broker for ... Jan. 2, 2020. SEC Brings New Charges in Multimillion Dollar Boiler Room Schemes ... Orchestrator of Microcap Fraud Scheme Barred from Penny Stock Offerings ... Stock Operators With Defrauding Elderly Investors in Push to Crack Down on ...
WTF People,
I made a share holder request for a copy of the books, share holder ledger and other info that should have been made public over a year ago.
NRJ
How are you feeling about this?
02/05/2019 02/05/2019 20190053613-30 Annual List External Snap Shot
02/05/2019 02/05/2019 20190053610-07 Annual List External Snap Shot
01/04/2019 01/04/2019 20190006714-60 Certificate of Designation Internal Snap Shot
01/04/2019 01/04/2019 20190011285-79 Amendment Internal Snap Shot
01/04/2019 01/04/2019 20190006711-37 Miscellaneous Internal Snap Shot
There are actions the company had taken in 2019 and there is no public record of them doing so. Also no data is attached to the filings.
Authorized 750,000,000 0.001000000000
Authorized 100,000,000 0.001000000000
Seems a bit odd I really hope then make a filing with OTC that clarifies actions taken and what the company is planning to do.
Looks like the company has updated the State filings with annual list of Directors.
01/02/2020 01/02/2020 20200391750 Annual List External
It's also not a division of Altavoz Entertainment it's the Operating Company and they changed the Nevada name of the company from Altavoz Entertainment, Inc to Nurish.me (something)....kinda sloppy reporting overall. This stuff actually hurt the company reversed out with overseas partners because they don't undertand why we're not the public company.
BTW has anyone gotten a notice of annual meeting?
I keep looking at that wondering if it was an error.
Speaking of the company New Press Release
Today, the Company announces the remarkable outcomes of a 12-month clinical trial in Alzheimer's dementia that was conducted by its Founder, John E. Lewis, PhD, during his tenure as a member of the faculty of the University of Miami Miller School of Medicine.
As I was a first time public ceo running this company from 2015-2018 that took a year plus to figure out which consultant, professional, concerned shareholder or pink-sheet jiberjab promotions company or person was a waste of time. You can see the reviews for them as company in-and-of itself on Amazon.
I would also say unless you have run a pubic company before it's unlike any other experience in business give the new guy a break.
The stock price..... Who knows beyond this what is going on with the company...
BTW I do know of couple of large block shareholders that will do private transactions.
PS Here's news about what the old company has been up too. PROLOG
Anyone else notice the .05 sale of 26 shares at 930 that was never registered here?
So while waiting like the rest of the world on this updated company information I have been poking around the company's products and the reviews for them on Amazon are pretty good.
Anyone on here order and try it?
Amazon page about em
Not sure and would only be guessing as I'm not part of the company and just a shareholder like the rest at this point in time.
I got a text message and was like WTF....Interesting.