JUST TRYING TO SURVIVE!
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DEFENDANTS TIME IS RUNNING OUT!!
The defendants have called this a "garden variety" business dispute, but Judge Oetken thinks otherwise.
"Based on CMG’s allegations, this case may present a rare occasion where punitive damages may potentially be justified," he writes. "CMG alleges that Defendants engaged in a comprehensive scheme over the course of five years to deprive XA of its profits and clients by working as executive officers for XA while simultaneously running separate businesses that fraudulently competed with XA... Given the chutzpah with which Defendants allegedly executed their schemes, the Court finds that the request for punitive damages is sufficient to survive the motion to dismiss."
Chutzpah - "insolence", "cheek" or "audacity". Wikipedia
Joseph Wagner, Darren Andereck, Jean Wilson, Jessie Lomma, Michael Day and Remegio Gudin.
Judge Oetken examines whether the plaintiff has adequately alleged predicate acts and a pattern of racketeering activity. Here, the alleged predicate acts are mail and wire fraud. Oetken points to emails among Wilson, Wagner and Andereck informing a bank and clients that Studio AG — i.e. the alleged entity set up by the defendants to cater to XA — was a part of XA. He also looks at the allegations pertaining to HudsonGray.
HudsonGray, Wagner, Andereck, Lomma, Day, Wilson, and Gudin— were part of a scheme to defraud. : text messages describing how the HudsonGray Defendants would tell XA clients that HudsonGray was the same company as XA, just using a different name; a text message from Gudin to a temporary XA employee informing them that HudsonGray is the same [as XA] with a different name'; the porting of proprietary XA data and information to new iPhones possessed by the HudsonGray Defendants and unattached to XA’s server; and HudsonGray receiving payment for a project developed by and belonging to XA."
BREAKING!! Congratulations @LiveWellCanada in advancing their product innovation platform through the acquisition of Acenzia.
Congratulations @LiveWellCanada in advancing their product innovation platform through the acquisition of Acenzia. https://t.co/9s5X2mKccN
— RIV Capital (@RIVcapital) October 5, 2018
Walmart shares jump 10% / Growth reaches 10-year high https://www.marketwatch.com/story/walmart-shares-jump-10-after-same-store-sales-growth-reaches-10-year-high-2018-08-16?mod=bnbh
TD Ameritrade Issues
Anybody having issues with TD Ameritrade?
time and price are frozen.
The Party's Over
CMG's allegations total 80 pages, but can be distilled to one over-arching charge:
"The result of their shell game was that XA barely broke even, while Defendants' other companies made millions, that should have gone to XA ... Their scheme remained hidden as defendants created fake invoices, lied to XA's owners and to XA customers to facilitate their diversions of XA funds and resources. When XA's owner, CMG Holdings Group Inc. started asking hard questions, Defendants quickly moved all XA's assets, including intellectual property, such as customer lists and contracts, and physical property, such as computers and the office furniture, to a new company, HudsonGray, that they created and tried to permanently destroy XA's servers, to conceal their crimes."
CMG also claims the shadow company, HudsonGray, stole existing and future business. CMG is asking for $20 million in compensatory damages, wants three times that amount for the alleged racketeering scheme and ten times the amount as punishment to the defendants. That may sound excessive, but U.S. District Court Judge J. Paul Oetken didn't think so: "Given the chutzpah with which Defendants allegedly executed their schemes, the Court finds that the request for punitive damages is sufficient to survive the motion to dismiss."
https://blogs.findlaw.com/courtside/2016/09/200m-lawsuit-charges-hollywood-party-planners-with-racketeering-shell-game.html
CSTI is whacking this stock way too far down and is killing this stock. He put in a bid of .25 cents and then came back to .0055!
he undercuts all attempts to push the stock back up!
CSTI is killing this stock!
CSTI is killing this stock!!! Time to get the hell out!
Why is this not moving? this stock had a good bounce, but now it's gone.
this is NOT Good. "It obtained that opinion shortly thereafter and had decided to continue the suspension of the Mobicoin reward program" STILL has ties to Christopher Esposito, who is now a representative of Code2Action
this stock was .0050 on 5/3/18-.0048 on 5/4/18 and .0040 on 5/8/18.
It has been going down the last 10 days heading into the big May 15th update. It should have been going up. Why would Code2Action hire Mr. Esposito after the crap he pulled? I'm not trying to be negative, but none of this looks good in my Opinion.
https://www.sec.gov/litigation/litreleases/2017/lr23730.htm
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140659664
RSI IS ONLY 60.20
RSI FOR GBTC IS ONLY 42.99
Will MAZARS Audit Q1 Or Steve?
CEO Steve Berman comments, "It has always been my goal to have fully audited financials and we are close to that ...https://finance.yahoo.com/news/on4-communications-selects-mazars-usa-152150019.html
Audit expected to last 6 to 8 weeks. Upon completion all requirements for OTCQB will be met, and maintaining a .01 bid price would be all that remains."
HAS THIS BEEN HALTED??
Page 5/23 clearly states that they're Unaudited!
http://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=179541
IS THE 6TH LEG FOR HEXA BITCOIN MINING?
Is this the next big thing that will allow us to be able
to buy homes in 2018? Look what RCGR,LFIN,INTV and more
have done.
what he filed with colorado, isn't that newsworthy? I guess i'm missing something. thanks for the reply.
WHY IS ONCI NEWS NOT POSTED?
Did he file with Colorado or not?
why would you NOT post important news like
a name change going through this morning before
the start of the opening bell?
BTCS DELINQUENT IN REPORTING
SEC Reporting - Delinquent
https://www.otcmarkets.com/stock/BTCS/quote
WHY?
$$JPMorgan Buys Bitcoin On The Dip!!
Days after JPMorgan Chase & Co. CEO Jamie Dimon labeled Bitcoin a “fraud” and threatened to fire any employees caught trading cryptocurrency, it has emerged JPMorgan Securities made a number of trades on the Swedish stock exchange. Someone at the company bought and sold an instrument called Bitcoin XBT that tracks the bitcoin price.
https://www.bitsonline.com/jpmorgan-buys-dip/
Also read: Venezuela Moves Away From the Petrodollar, Opening the Door for Bitcoin. https://www.bitsonline.com/venezuela-petrodollar-bitcoin/
CAPITAL ONE DONE WITH BITCF!!
Talk to and got an email from by broker telling me I can only sell BITCF.
This is Ryan with Capital One Investing, here is some information to assist you going forward. The position "BITCF" has been cleared by our clearing house (Pershing) for sell orders only as of today 9/15/17. You will now be able to log in and sell this position.
WHY NO TRADING THROUGH CAPITAL ONE
This is Ryan with Capital One Investing, here is an update on what is going on.
Although BITCF has begun trading again, you are correct, the stock has not yet been cleared to trade via DTC. This means that clearing firms (including Pershing) are not accepting trades. As long as it's not cleared to trade DTC, clients will not be able to place an order (buy or sell) through COFI.
** I see comments on here saying they can trade through E-Trade and
other brokers. is this true or not?
DTC Has Placed A Chill On BITCF
GOT THIS FROM MY BROKER THIS MORNING
I wanted to let you that unfortunately DTC has placed a chill on this stock. Basically, when the DTC places a chill on a stock it is kind of like how a bank won't clear a check. The small volume you see trading are most likely either direct or dark pool transaction. At this time no clearing firms are trading this stock. If you have further questions regarding the DTC please refer to this article by the SEC.
https://investor.gov/additional-resources/news-alerts/alerts-bulletins/dtc-chills-freezes