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That's what happens with companies that only exist on paper.
Keep dreaming cupcake.
The "Company" has not been selling the shares.
Shares have been sold by the people who are very closely associated with the "Company".
In your research of the historical news releases did you question how, IAHL acquired Altenesol with absolutely no change of share structure?
What do you get for nothing?
A year later they finalize a stock swap with Altenesol, and there still is no change to the share structure? Plus they inform us of a make believe partner company in Mexico, called Octopus.
What do you get for nothing?
Really liked this one: IAHL acquires TransCryogen. "We are very excited about what Stuart Jara brings to our team as we move to the LNG production phase of our operation. TransCryogen brings another substantial revenue stream to IAHL, which will add value and diversification for our shareholders,” said Nelson De La Nuez, CEO of IAHL. (Again)No dilution or changes to our share structure was needed to complete this transaction.
What do you get for nothing?
Production Phase? Gee, that implies there was plant.
You got to love the carrots they've dangled: "We are evaluating two higher level exchanges at this time in preparation for future uplist." They would have had to have been fully reporting 10 years ago to do that at the time.
Another doozy 3 years ago, well before the rules change: The board has approved a significant repurchase of our common stock up to 5 million shares if we continue to trade at present levels. This will happen when capital funding has been closed for each of our projects and all investor obligations have been satisfied. We feel that this year will bring the required cash flow and future projected expansion to begin fully audited financial statements to the market necessary for up listing. We have been approached by several fund managers and stock information agencies eager to become involved with us once those conditions are met.
Why, would Altenesol & TransCryogen that supposedly were making money, essential give themselves to IAHL for absolutely nothing?
Again, what do you get for nothing?
And it is rather cold hearted of the company, to Not in form the shareholders, that the man currently listed as the VP of Operations, died 7/15/2020.
IAHL is a bad memory you'll never be rid of.
There is no project to rework and there never will be.
They are not in Columbia, SA nor Panama. Their office is located 1037 Pathfinder Way, Suite 136 Rockledge, FL 32955.
This board over flows with pity parties.
No, market makers cannot legally buy and sell a "Halted" stock. The SEC has not Halted this stock.
As Gator stated, individuals must meet special qualifications to trade on the Expert Market.
"What is a Sophisticated Investor?
A sophisticated investor is a term used to refer to an individual or a class of individuals with vast knowledge and experience in investment and business matters, alongside high net worth that allows them to go for high-risk investment opportunities."
Let's be honest with ourselves, if we met the knowledge and experience part of these qualifications, it's unlikely we would've invested in these make believe companies listed on the Stinky Pinkies to begin with. Flipping is not investing.
These things take time. They've only been a make believe gas company for 11 years now. Ever since the shell's inception 17 years ago, it never has been and never will be a fully reporting company.
The people that created this farce have long since dumped the shares they were holding from the airplane dream that busted.
Sentencing is scheduled for 4/29/22. After all this time, they have accepted a guilty plea for not paying FICA taxes for 2 quarters, that all.
"Defendant withdraws previous plea of not guilty and enter a plea of GUILTY to Counts 4 and 8 of the Superseding Indictment. The defendant explains the offense committed, the Government offers the proof they would present to the Court during trial. The Court finds a a factual basis for the plea and accepts it." On or about and between April 1,2012 and July 31, 2013, both dates being approximate and inclusive, within the Eastern District of New York and elsewhere, the defendant JOHN DRAGO, together with others, being the owner and operator of the Kayla Companies, and thereby being required to collect, truthfully account for and pay over FICA taxes to the IRS, did knowingly and intentionally fail to collect, truthfully account for and pay over FICA taxes to the IRS as set forth below:
Count 4 is for the second quarter of 2012 and count 8 is for the second quarter of 2013.
No, he won't. His current legal issues have nothing to do with Baltia, go read the complaint/charges. As a first offender of a white collar, at best he'll get a fine and some time at a minimum security prison. Don't be surprised if all he gets is a fine and probation.
No, you are a Stuckholder for life.
I suspect the IR guy has driven past it a few times.
Stinky Pinkies like to use Virtual Offices.
If you were to go there you will not see there name on the directory and no one that works in the building will have ever heard of them.
That is the same message from a few months ago when they got booted.
It makes absolutely no difference whatsoever the current and future prices of oil will ever be.
They haven't bought any land? Was the land purchase PR 8 years ago a lie? http://www.altenesol.com/press-releases/altenesol-and-altenesol-s-a-s-complete-feed-study-and-land-purchase
How could Nataly 1 be up and running, when they haven't bought the land nor built facility? Even though they told us over 6 years ago they finalized the contracts to have it built. Which would have been more than enough time to build both trains. http://www.altenesol.com/press-releases/altenesol-llc-and-amcs-corporation-finalizes-contract-to-build-lng-plant-in-colombia
Is it making a Profit? Hmmm, how can a nonexistent facility make a profit?
Yep, the land purchases have been a Super Duper, Double Top Secret, need to know only for over 8 years now.
ORLANDO, Fla., Dec. 20, 2013 (GLOBE NEWSWIRE) — IAHL Corporation (Other OTC:IAHL) IAHL is pleased to announce that Altenesol LLC and Altenesol Colombia S.A.S. have completed both the front end engineering design (FEED) study and finalized the acquisition of the land upon which the Nataly I LNG plant will be constructed. The FEED study brings all aspects of the logistical, design, material, permitting and contingencies and cost estimates under a 3 percent margin. The final numbers from the FEED will give firmer insights for the construction’s funding requirements. Altenesol Colombia S.A.S. has also completed the soil analysis, topographical, LNG Plant placement and road access studies.
Actually 10,000 at 0.0001 is a $1. Might be why they're considered experts.
You have followed this shell since it's birth in 2005, there have never been any financial reports filed.
As a retired Public Accountant, Corporate Controller and Sec- Treasurer, knowing it's history, would you risk your license(if you still have one) to sign off on their financial reports?
Don't you worry, you are not going to get beat by the current, nor any future President's LTCG tax rate.
Obviously it can be traded, just not by 99.99999% of the people you're pumping it to.
Delayed? Really? That is the same project that has been hyped for the past 10 years. They claimed to having gotten financing, the land, building permits and feed contracts worth $2.3billion. Yet not 1 blade of grass nor grain of dirt has ever been disturbed to build the LNG trains and they never will.
It is quite common for Stinky Pinkies to name drop in PRs.
Please share with us your insider information of how they are profiting from thin air? What have they actually completed in their history? Which PRs during the past 11 years really happened?
Hmm, how long will they keep stringing you along? Have you not read any of their fantasy press releases that go back to 2/2011? https://www.altenesol.com/news
The true morons still think this is a real company.
Somebody must have forgotten they've already claimed to have bought the land 8 years ago.
Source: Altenesol, LLC
Date: Dec. 20, 2013
ORLANDO, Fla., Dec. 20, 2013 (GLOBE NEWSWIRE) — IAHL Corporation (Other OTC:IAHL) IAHL is pleased to announce that Altenesol LLC and Altenesol Colombia S.A.S. have completed both the front end engineering design (FEED) study and finalized the acquisition of the land upon which the Nataly I LNG plant will be constructed.
Sorry to hear about your health issues. I do believe you have a better chance of being cured of what ails you than this thing ever popping.
Keep dreaming. Even if oil was a $1000.00 a barrel it will not help their 1 and only, 9 year old project that never was and never will happen.
I am happy to say that I am not an IAHL stuckholder.
To but and sell this POS and thousands of others, you need access to the OTC's Expert Market.
Who can access the Expert Market?
Quotations in Expert Market securities are restricted from public viewing. Only broker-dealers and professional or sophisticated investors are permitted to view quotations in Expert Market securities.
What is a Sophisticated investor?
Rule 501 of Regulation D indicates that for an individual to be an accredited investor, they must have a net worth of more than $1 million, excluding the value of their primary residence, or they must meet certain annual income benchmarks. Individuals who have made more than $200,000 per year for two years, and with an expectation of continuing to do so qualify as accredited investors. Married persons can be considered accredited if their combined income is at least $300,000 per year.
Good luck.
They have deliberately not completed anything since day one.
Some one updated Plane spotters yesterday saying the airframe was broken up last year. https://www.planespotters.net/airframe/boeing-747-200-n706bl-baltia-air-lines/r6lzzr
I don't know the story on ANDI, but presume they were not suspend because of the presumption of innocence until found guilty.
I really hope you're right, but I just don't see it going down like that. This has dragged out more than long enough for him to have sung for many deals and indictments that are not coming. This trial had nothing to do with Baltia fraud. The SEC has already closed the books on Baltia. His sentencing is so far out due to a backlog of cases from the pandemic. They have already made their deal for the monetary fine. With this being his first offense, if he gets any time at all, it'll be at a minimum security facility.
Which is it? Today they haven't secured the land, yet 8 years ago they told us the acquisition of the land had been finalized.
"our partners in the mega project we are part of have not secured all of the land from the 31 landowners where phase 1 of the project will be located in Latin America."
ORLANDO, Fla., Dec. 20, 2013 (GLOBE NEWSWIRE) — IAHL Corporation (Other OTC:IAHL) IAHL is pleased to announce that Altenesol LLC and Altenesol Colombia S.A.S. have completed both the front end engineering design (FEED) study and finalized the acquisition of the land upon which the Nataly I LNG plant will be constructed.
Uh-huh you keep telling yourself that. They became a fake LNG company almost 11 years ago.
I agree with you that he is. Unfortunately he is only known for that on Penny stock message boards. This trial wasn't about his part in the Baltia fraud. And if it were, the outcome from the trial would be the same as it is now. A monetary fine, probation and maybe some time at a minimum security prison.
Really? Why the sudden urgency to finally do the right thing after all of these?
Don't get your hopes up. White collar crime, agreed to a $253,000.00 forfeiture. This his first offense. Maybe a few years probation, or at best 2 years in a minimum security prison.
You know how the old saying goes, count on IAHL in one hand and relieve yourself in the other and see which one fills up first.