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they are continuing to pump and dump while their owner Matthew WIlson is under investigation for bank fraud, grand theft and a whole host of other charges as invsitigators are after him now that his mother has passed on. From the IRS to the Dolan Springs and Mojave countsy Sherriffs department they are all onto this fraud. Lee Benson has been hornswaggled into being a board member and will be greatly embarassed when the detail come out on this. Like where did Matthew Wolfson get the machines he stole from his own mother in law when he worked for Energy Wellness ? Could be.
Float float SINK!!!
EXACTLY!!!!
Because no one cares what BS news they put out while the dilute this pig constantly.
Wolfson is in charge to bleed this company dry.
pump pump pump what a load of C$@&
investigations on the horizon. this one stinks worse than yesterday's diapers.
Sub-PENNY!!! How low can you go????
HO HO HO! what a joke of a company and management.
chart looks like the waning days of a pump and dump to me. now the drift down happens
Still think it was a short cover?
Classic Dump phase of the Pump and dump.
Sub-penny. I am at a loss for words.
Looks like Electromedical's Flagship WellnessPro Plus Technology on Exhibit This Week at PAINWeek 2022 did a stellar job! Stock keeps tanking!!! Keep up the terrible work!
This thing just keeps dropping like a rock.
This thing just keeps dropping like a rock.
EMED goes up for no reason then floats down. The Pump and the Dump
This thing just keeps dropping. I wonder if there are bad things afoot at the headquarters.
They have been on the radar of the FDA for more than a decade. Old leopards dont change their spots.
https://quackwatch.org/cases/fdawarning/prod/fda-warning-letters-about-products-2009/intelsource/
Race to zero
Please post the link for the conference call
A rather big new bill for Alpine
https://www.stockwatch.com/News/Item.aspx?bid=Z-U:*SEC-2757534&symbol=*SEC®ion=U
Bunch of losers. This pig of a stock will be kicked off of NASDAQ 30 days after it drops under a dollar and that could be sooner than we all think.
Good synopsys of recent SEC v. Alpine https://www.natlawreview.com/article/court-decision-reinforces-sar-obligations-penny-stock-clearing-brokers
Rory / FUSZ did not produce that video.
Lets hope so this company is one of the few I reall like and some times good things take time. With Rory at the helm Im sure it will go full steam ahead
New Rory interview
I have never had a good experience with reverse splits. gives much room to drop in value and new investors with restricted stock bought at advantageous prices can feed a drop.
I hope that is not the case with this one.
From the NY Times on Petroteq
yesterday.
https://www.nytimes.com/2018/08/21/business/energy-environment/oil-sands-utah.html
SEC defendant Panther denies any Biozoom wrongdoing
U S Securities and Exchange Commission (U:*SEC)
Tuesday August 7 2018 - Street Wire
Also Biozoom Inc (U:BIZM) Street Wire
by Mike Caswell
James Panther, one of those charged alongside Vancouver's Faiyaz Dean for the pump-and-dump of Biozoom Inc., denies that he did anything wrong. The U.S. Securities and Exchange Commission claims that Mr. Panther was part of a $34-million scheme to sell improperly issued Biozoom shares. (All figures are in U.S. dollars.) Among other things, he helped with manipulative trades and helped organize a paid promotional campaign, the SEC says.
The denials from Mr. Panther are contained in an answer filed on Monday, Aug. 6, in New York. The document is 17 pages long, but consists mostly of generic statements. Mr. Panther does admit to some routine things, such as being a 45-year-old resident of Carlsbad, Calif., but in response to most of the charges against him he simply says that he does not have "knowledge or information" about the specific allegation and denies that he did anything wrong. He asks for a trial by jury.
Mr. Panther is one of four individuals that the SEC charged on May 15, 2018, for Biozoom. In a civil complaint filed in the Southern District of New York, the SEC named him along with Mr. Dean, a Vancouver-Seattle lawyer. The SEC claimed that the group ran a 2013 campaign that boosted Biozoom, a purported skin health company, to a $4.50 high on the OTC Bulletin Board. The SEC said that the group sold 14 million shares from nominee accounts before the regulator ended the scheme by halting the stock.
The scheme, as set out by the SEC, began in December, 2010, when Mr. Dean located a shell that became Biozoom. The company's purported business was to develop a device that would provide biometric readings from a non-invasive skin scan. (The SEC did not speculate what such a device would be used for, but during the scheme Biozoom claimed that the scanner "non-invasively measures antioxidant levels, vitamin absorption, stress responses, oxygen consumption, and other factors important to good health and looking and feeling younger.")
As part of the transaction, Mr. Panther and Mr. Dean arranged for a large block of Biozoom shares to be deposited in U.S. brokerages in the names of several Argentine nominees, hiding the control that Mr. Panther and his associates had over the stock, the SEC said. Starting on May 16, 2013, Mr. Panther and others quickly "laddered" the stock upward through trading amongst those nominee accounts, the complaint stated. Mr. Panther's actions, as set out in the complaint, included controlling and monitoring e-mail accounts in the names of the nominees to communicate with banks and brokers.
(One of the brokerages that served Mr. Panther was Scottsdale Capital Advisors, an Arizona firm that is also a regulatory target. On March 31, 2017, the Financial Industry Regulatory Authority fined Scottsdale $1.5-million for facilitating the sales of tens of millions of shares while ignoring indications that insiders were behind the sales. The stocks FINRA cited did not include Biozoom, but the SEC separately sanctioned a Scottsdale broker, Timothy Scarpino, for aiding the scheme. In an order dated May 15, 2018, the SEC barred Mr. Scarpino from the industry, specifically citing his work with Mr. Panther. The ban came as part of an administrative settlement in which Mr. Scarpino did not admit any wrongdoing.)
As part of the Biozoom scheme, Mr. Panther and his co-accused arranged what the SEC described as an elaborate on-line, print and radio promotional campaign. The campaign included full-page ads in USA Today and The New York Times, as well as a two-page spread in Forbes. According to the SEC, Mr. Panther paid for the ads by sending hundreds of thousands of dollars to a Toronto ad agency that one of his friends controlled.
This advertising had the intended effect on the stock, according to the complaint. By June 11, 2013, Biozoom's volume reached 11.7 million shares per day. During the same period the share price doubled, closing at $3.45 on June 7, 2013. It reached a $4.50 high on June 19.
The scheme ended on June 25, 2013, when the SEC halted the stock. After the suspension, the SEC was able to freeze $16-million in proceeds from share sales before the money left the U.S. The remainder, about $17-million, went offshore, according to the SEC.
Mr. Panther is the only defendant to respond to the case so far. Besides Mr. Dean, the other defendants are Guillermo Ciupiak, 35, and Francisco Abellan Villena, 47, both of Spain.
The case against the group comes in addition to an outstanding matter against another Canadian, Myron Gushlak. Prosecutors in Florida claim that Mr. Gushlak sold the shell that became Biozoom, preparing much of the transaction while he was in prison awaiting release for a prior fraud. U.S. authorities have yet to arrest Mr. Gushlak on the Biozoom charges, and he remains a fugitive.
© 2018 Canjex Publishing Ltd.
So far all she has lost is her gains. Wait till you have to explain why it goes sub-penny (just joking)
I found it, old document from 2014 had to do some digging, sorry about that.
Can any of you pull this up in Cayman's equivalent of PACER?
Cayman Securities Clearing and Trading Ltd. SEZC et al: Originating Summons
Originating Summons In the Matter of Cayman Securities Clearing and Trading Ltd. SEZC and John Joseph Hurry at the Grand Court of the Cayman Islands.
A very good interview and good to see him on the grounds of Oracle
Use this as a trading opportunity
it would go a long toward explaining the slap on the wrist for him in particular and the sealing of almost all associated with this case.
SEC defendant Kueber avoids jail
2017-12-08 12:46 PT - Street Wire
Also Street Wire (U-CYNK) Cynk Technology Corp
by Mike Caswell
Kelowna's Phil Kueber has avoided a jail term, receiving three years of probation for his part in the manipulation of Cynk Technology Corp., a pink sheets listing that was briefly worth $4.5-billion. (All figures are in U.S. dollars.) He received the sentence in a court appearance on the morning of Friday, Dec. 8, before New York Judge Leo Glasser. The three years of probation is in addition to a $1.2-million forfeiture order that Mr. Kueber previously agreed to.
Prosecutors claimed that Mr. Kueber participated in the manipulations of Cynk and another company, Vision Plasma Systems Inc. According to the government, he recruited friends and associates to serve as nominee shareholders. In the subsequent manipulation, Cynk went to a $13.90 high before being halted.
Mr. Kueber's sentence is considerably lighter than those of others charged in the scheme. Those others include West Vancouver resident Gregg Mulholland, who is serving 12 years in jail, and former B.C. dentist Robert Bandfield, who is serving six years. Part of the reason that Mr. Mulholland and Mr. Bandfield received jail terms is the larger role that they played in the scheme. Mr. Bandfield, 72, was the architect of a money laundering operation that contributed to the manipulations of Cynk and many other companies, prosecutors said. Similarly, prosecutors said that Mr. Mulholland was responsible for 40 manipulations, contributing to "one of the largest market manipulation schemes ever charged in this district."
Phil Kueber
MEETME
Phil Kueber
Undoubtedly playing a part in Mr. Kueber's light sentence is the fact that he co-operated with the government. After he was charged, he voluntarily went to the U.S. from Canada and entered a guilty plea. Any subsequent co-operation is not entirely clear, however. Many of the documents surrounding his participation in the case are sealed, including all of the sentencing materials.
The charges against Mr. Kueber and the others are contained in a superseding indictment that prosecutors filed on Aug. 5, 2015, in the Eastern District of New York. Much of the indictment contained allegations against IPC Corp., an entity run from Belize that prosecutors claimed aided in manipulations that generated $500-million. According to prosecutors, IPC had more than 100 corrupt clients who used the firm to secretly buy and sell public companies and then launder the proceeds.
The indictment identified one of IPC's largest clients as Mr. Mulholland. He used a complex offshore structure to conceal fraudulent activity and evade U.S. laws, according to prosecutors. Mr. Kueber, in turn, was working on Mr. Mulholland's behalf.
Mr. Kueber's role in the scheme was mostly with the manipulation of Cynk. The company purportedly ran a social networking website, but was secretly controlled by Mr. Kueber and Mr. Mulholland, the indictment stated. The men had acquired all of the company's tradable shares between 2011 and 2014.
The manipulation, as described by prosecutors, took place over a few weeks beginning on May 15, 2014. Prior to that date, the stock had not traded for 24 business days and was under 10 cents. Over the following weeks, it suddenly traded millions of shares and rose to a $13.90 close. According to prosecutors, the company's rise was only because of fraudulent activity by Mr. Mulholland. They said that the company had no revenue or assets, yet was worth over $4-billion.
The Cynk manipulation came to an abrupt end on July 11, 2014, when the U.S. Securities and Exchange Commission suspended the company, citing a possible manipulation in progress. (By that point the company had attracted significant attention. Reporters who attempted to find its office in Belize discovered that the address did not exist. There were also many questions surrounding its purported business.) After the SEC's halt, the stock fell to 60 cents.
Prosecutors also linked Mr. Kueber to the manipulation of Vision Plasma, a company that supposedly sold systems to remediate hazardous waste. The indictment did not say exactly what his role was with Vision Plasma, only accusing him of participating in a fraudulent conspiracy to manipulate the stock. The manipulation took place in August, 2012. That month Montreal touting website Awesome Penny Stocks (which was not charged in the case) advertised Vision Plasma as a pick. The stock substantially rose afterward, going to 39 cents from 14 cents on volume of 308 million shares. Meanwhile companies that Mr. Mulholland controlled sold 83 million shares, realizing $21-million in gains, prosecutors claimed.
The charges against Mr. Kueber were conspiracy to commit securities fraud, money laundering conspiracy and two counts of securities fraud. He pleaded guilty to conspiracy to commit securities fraud and money laundering conspiracy.
In addition to the criminal charges, most of the defendants, including Mr. Kueber, are facing a parallel civil case from the SEC. That case has been on hold.
© 2017 Canjex Publishing Ltd. All rights reserved.
SEC defendant Kueber avoids jail
2017-12-08 12:46 PT - Street Wire
Also Street Wire (U-CYNK) Cynk Technology Corp
by Mike Caswell
Kelowna's Phil Kueber has avoided a jail term, receiving three years of probation for his part in the manipulation of Cynk Technology Corp., a pink sheets listing that was briefly worth $4.5-billion. (All figures are in U.S. dollars.) He received the sentence in a court appearance on the morning of Friday, Dec. 8, before New York Judge Leo Glasser. The three years of probation is in addition to a $1.2-million forfeiture order that Mr. Kueber previously agreed to.
Prosecutors claimed that Mr. Kueber participated in the manipulations of Cynk and another company, Vision Plasma Systems Inc. According to the government, he recruited friends and associates to serve as nominee shareholders. In the subsequent manipulation, Cynk went to a $13.90 high before being halted.
Mr. Kueber's sentence is considerably lighter than those of others charged in the scheme. Those others include West Vancouver resident Gregg Mulholland, who is serving 12 years in jail, and former B.C. dentist Robert Bandfield, who is serving six years. Part of the reason that Mr. Mulholland and Mr. Bandfield received jail terms is the larger role that they played in the scheme. Mr. Bandfield, 72, was the architect of a money laundering operation that contributed to the manipulations of Cynk and many other companies, prosecutors said. Similarly, prosecutors said that Mr. Mulholland was responsible for 40 manipulations, contributing to "one of the largest market manipulation schemes ever charged in this district."
Phil Kueber
MEETME
Phil Kueber
Undoubtedly playing a part in Mr. Kueber's light sentence is the fact that he co-operated with the government. After he was charged, he voluntarily went to the U.S. from Canada and entered a guilty plea. Any subsequent co-operation is not entirely clear, however. Many of the documents surrounding his participation in the case are sealed, including all of the sentencing materials.
The charges against Mr. Kueber and the others are contained in a superseding indictment that prosecutors filed on Aug. 5, 2015, in the Eastern District of New York. Much of the indictment contained allegations against IPC Corp., an entity run from Belize that prosecutors claimed aided in manipulations that generated $500-million. According to prosecutors, IPC had more than 100 corrupt clients who used the firm to secretly buy and sell public companies and then launder the proceeds.
The indictment identified one of IPC's largest clients as Mr. Mulholland. He used a complex offshore structure to conceal fraudulent activity and evade U.S. laws, according to prosecutors. Mr. Kueber, in turn, was working on Mr. Mulholland's behalf.
Mr. Kueber's role in the scheme was mostly with the manipulation of Cynk. The company purportedly ran a social networking website, but was secretly controlled by Mr. Kueber and Mr. Mulholland, the indictment stated. The men had acquired all of the company's tradable shares between 2011 and 2014.
The manipulation, as described by prosecutors, took place over a few weeks beginning on May 15, 2014. Prior to that date, the stock had not traded for 24 business days and was under 10 cents. Over the following weeks, it suddenly traded millions of shares and rose to a $13.90 close. According to prosecutors, the company's rise was only because of fraudulent activity by Mr. Mulholland. They said that the company had no revenue or assets, yet was worth over $4-billion.
The Cynk manipulation came to an abrupt end on July 11, 2014, when the U.S. Securities and Exchange Commission suspended the company, citing a possible manipulation in progress. (By that point the company had attracted significant attention. Reporters who attempted to find its office in Belize discovered that the address did not exist. There were also many questions surrounding its purported business.) After the SEC's halt, the stock fell to 60 cents.
Prosecutors also linked Mr. Kueber to the manipulation of Vision Plasma, a company that supposedly sold systems to remediate hazardous waste. The indictment did not say exactly what his role was with Vision Plasma, only accusing him of participating in a fraudulent conspiracy to manipulate the stock. The manipulation took place in August, 2012. That month Montreal touting website Awesome Penny Stocks (which was not charged in the case) advertised Vision Plasma as a pick. The stock substantially rose afterward, going to 39 cents from 14 cents on volume of 308 million shares. Meanwhile companies that Mr. Mulholland controlled sold 83 million shares, realizing $21-million in gains, prosecutors claimed.
The charges against Mr. Kueber were conspiracy to commit securities fraud, money laundering conspiracy and two counts of securities fraud. He pleaded guilty to conspiracy to commit securities fraud and money laundering conspiracy.
In addition to the criminal charges, most of the defendants, including Mr. Kueber, are facing a parallel civil case from the SEC. That case has been on hold.
© 2017 Canjex Publishing Ltd. All rights reserved.
It says POTENTIAL
Tierra hasn’t provided a list of holdings. Besides cannabis growers, companies that make fertilizers, growing equipment, greenhouses and ancillary products like edibles are potential ETF holdings.