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Sure...because its a scam. Only thing this co has made are videos telling us how great their pipeline is.
this has been a scam for 12 yrs.....worthless POS! ATIS tried to pull a fast one just rebranding the same old garbage technology. 1/2 of Attis mgnt came from GERS....SCAM!!!
what financing are you speaking of? where did you get this information?
Both scams that fleeced shareholders.
what funding are you referencing? How would you know they got funding?
Cannaworx is a Canadian scam who’s largest shareholder from LI has a checkered past with the SEC. As for PBIO, penny stock brokerage out of NJ and whore hedge funds have funded and promoted co. Tons of toxic debt . So, how are they buying this skin care co? What are they using.. they have zero cash! That aside tough to integrate 1 co with another but here putting 3 together that have zero in common. It’s a scam that will play out as these insiders will put out BS press release after press release to promote and pump the stock as they sell the millions of shares they have for which they paid nothing for. Now if they put their own money up to buy legit co’s that’s one thing. But that’s not what’s going on here... this in the end will be proven to just be a piggy bank for theses slimy owners and brokers who will sell shares all day long one restrictions are lifted. SCAM
Cannaworx is a Canadian scam who’s largest shareholder from LI has a checkered past with the SEC. As for PBIO, penny stock brokerage out of NJ and whore hedge funds have funded and promoted co. Tons of toxic debt . So, how are they buying this skin care co? What are they using.. they have zero cash! That aside tough to integrate 1 co with another but here putting 3 together that have zero in common. It’s a scam that will play out as these insiders will put out BS press release after press release to promote and pump the stock as they sell the millions of shares they have for which they paid nothing for. Now if they put their own money up to buy legit co’s that’s one thing. But that’s not what’s going on here... this in the end will be proven to just be a piggy bank for theses slimy owners and brokers who will sell shares all day long one restrictions are lifted. SCAM
Management is criminal and they haven't filed for 2 years...start there.
Difference is NMRD is a real company with a legit product, KNWN is a co that thinks videos make your co look legit. SCAM!
Thought I'd check in after a 6 month sojourn. WHERE ARE ALL THE CHEERLEADERS? Looks like the scam is finally coming to an end. Hopefully the fine for Fiore will be significant and equal to all the money he stole from investors over the years.
The scam continues. 2 years and the company hasn't filed. BDO obviously found major issues in accounting.Co has zero money, borrows from its largest shareholders to pay mgnt's outrageous salaries! Ethanol at 5 year lows.....company literally is bankrupt.
You stated co would be filing “Imminently”....does that mean more than 2 months? Lmao... GERS and ATIS are both scams. GERS has been promoting their bogus breakthrough tech for 10 yrs..now several of their mgnt team are at ATIS and got that co to pay them $18mm... why when they could buy the entire pink sheet co for less than $2mm? Just another of the questionable moves by Kosman and cronies.
Their games are nothing but garbage. They already mothballed several and the others are a joke. The public co was just a shell to enrich the criminal owners.
Prob someone spreading more BS. Until the co and mgnt can deliver on just one thing that comes out of their mouth I remain skeptical.
Sunoco acquisition was suppose to close in Q1. We are now in the 2nd month of Q2. The telecom acquisition announced in Sept still has not been completed and co has not said a word about it.Co announced a crypto deal, nothing became of it. Co announced a deal with citrus growers in Fl, announced a deal with the largest private supplier of lumber in GA to get feed stock for a bio-refinery....nothing became of either. Can anyone see the obvious pattern. Co makes these glorious announcements and then nothing EVER happens. How is the SEC allowing all of these fraudulent news releases to be made without repercussion? Now the company cannot even file a quarterly report...not surprising. Mgmt salaries are egregious while shareholders are left holding the bag. All shareholders should contact the SEC and file complaints. Obviously BDO has found something that isn't above board.
Absolute SCAM. Co can’t file...how in the hell can they make acquisitions? Oh right, they never have and can’t. Every thing they have announced has never come true, crypto, biorefinery, telecom biz,ethanol plant...none of it. Then they pay 18 mil for bogus tech from a pink sheet co that is also a proven scam, Greenshift. Where is the SEC? Someone needs to go to jail here! The salaries mgnt pays themself is a joke....total scam to line their pockets.
Attis Industries Inc.(NASDAQ: ATIS) (the “Company” or “Attis”), a diversified innovation and technology holding company, today provided an update on the status of its quarterly filing and direction for its annual 10-K filing. While the Company continues to prepare the consolidated financial statements with the assistance of outside valuation and accounting experts, as well as input from its independent auditor, management believes the Company will become current in the near future.
Since it has already been one month since their update of no update....I guess one month doesnt qualify for " near future" based on that March 15th press release.
Could you share the definition of scam? I think I can.....it is going to be SPYR's new stock symbol shortly. Only question that remains is does the company file for bankruptcy or does the SEC shut it down. Or maybe they can go from a restaurant biz, to a gaming co, to an auto dealership or biotech?
The consultants and brokers( all penny stock promoters) I'm sure are happy this stays afloat as long as possible.
Lets make one thing clear, a pump and dump doesn't have to be effectuated by blogs or news releases. Someone buys aggressively to make it look like there is bona fide interest to try and get other mkt participants to follow. Put it in perspective there was a lousy 300k sh bot, using the VWAP of the day this is $24k worth of buying. So look at what happened yesterday, someone bot 1 or 2 big blocks, the stock went to .11 cents and then collapsed back to .7cents. It's a con game of smoke and mirrors/ market manipulation, to make it look like there is real activity when there just isn't any.
Keep paying Thompson, Duerrta and Loveless the egregious salary's when the co has next to zero rev and losing millions! NOW THAT SOUNDS LIKE A VIABLE BUSINESS...DOESN'T IT? OH LAYER ON TOP THEIR GAMES ARE AN ABSOLUTE JOKE!
BTW, how are they paying themselves and bills with zero money coming in?
Yeah...its called pump and dump!
Doesnt it pique your interest that the company has basically zero rev, bleeds money and pays 4 lousy " executive mgnt " hundreds of thousands for doing nothing?
Where are all these wonderful gaming revenues? eSports? Acquisitions?
All BS!
Trying to understand what a good sign,,,,a filing that says they CANT FILE?? Please share your logic as to why this is good??
They have proven zero away from the fact that they make hyped up videos. I stand by my comments that I do not believe this company will amount to anything as they will never commercialize a product. $24mm mkt cap is insane here. They will continue to dilute this to zero as raising money is the only way to keep the lights on.
Both co’s are scams. Technology GERS has been trying to commercialize for 10 yrs they now are trying to use ATIS to promote it. Keisler is a white collar crook... family hedge funds that he controls ... total joke
4 employees, they say they need to keep raising $ to keep the biz afloat. Who in the right mind would give this co that has shown to be nothing short of inept a nickle? Answer, look at the 8k...a relative of a board member and Berkshire. Co is bleeding out. Their games are a joke and no one can argue other. Several have been mothballed, the others lose money hand over fist. Why keep it going....the aforementioned 4 employees get paid handsomely (see below) for stewarding a co losing a ton of cash...thats why they keep this joke afloat.
Summary Compensation Table
Name & Principal Position Year Salary $ Stock Awards $ All Others $ Total $
James R. Thompson 2018 $ 286,000 (1) $ 500,000 (2) $ - $ 786,000
Chief Executive Officer & 2017 $ 194,000 $ 678,000 (3) $ - $ 872,000
General Counsel
Barry D. Loveless 2018 $ 159,000 (4) $ 48,000 (5) $ - $ 207,000
Chief Financial Office 2017 $ 159,000 $ 110,000 (6) $ - $ 269,000
Jennifer D Duettra 2018 $ 125,000 (7) $ 125,000 (8) $ - $ 250,000
Executive Vice President, 2017 $ 127,000 $ 169,000 (9) $ - $ 296,000
Assistant General Counsel &
Secretary
10K Highlights, AN ABSOLUTE JOKE OF A COMPANY!
For the year ended December 31, 2018 the Company had a loss from continuing operations of $7,110,000 on $388k revenue. HOLY COW...388K WHAT A GREAT PLATFORM THIS CO HAS
During the year ended December 31, 2018, the Company issued an aggregate of 6,068,681 shares of restricted common stock to consultants with a total fair value of $1,968,000. The shares issued are non-refundable and deemed earned upon issuance. As a result, the Company expensed the entire $1,968,000 upon issuance. The shares issued were valued at the date earned under the respective agreements based upon closing market price of the Company’s common stock.restricted stock awards granted to employees and third-party service providers as compensation, recorded at fair value of $3,672,000 during the year ended December 31, 2018 THIS IS $3MM TO BROKERS AND CONSULTANTS FOR DOING NOTHING
During 2017, the Company capitalized $175,000 pursuant to a licensing agreement for the non-exclusive, limited right to incorporate certain intellectual property (IP) from various STAR TREK television series in to future updates to and expansions of the Pocket Starships game. As of December 31, 2018, the company has not met certain development milestones, is in default and has recognized an impairment loss of $175,000 in the consolidated statement of operations for the year ended December 31, 2018. The Company is seeking an extension of time to meet these milestones and cure the default. WOW...CANT EVEN MAKE $ ON THE STAR TREK BRAND NAME AND IS IN DEFAULT
The Company currently does not have sufficient cash and liquidity to meet its anticipated working capital for the next twelve months. The Company expects future development and expansion will be financed through cash flows from operations and other forms of financing such as the sale of additional equity and debt securities, capital leases and other credit facilities. If our sales goals for our products do not materialize as planned, we believe that the Company can reduce its operating and product development costs that would allow us to maintain sufficient cash levels to continue operations. However, if we are not able to achieve profitable operations at some point in the future, we may have insufficient working capital to maintain our operations as we presently intend to conduct them or to fund our expansion, marketing, and product development plans. There can be no assurance that we will be able to obtain such financing on acceptable terms, or at all.
The accompanying financial statements have been prepared under the assumption that the Company will continue as a going concern. Such assumption contemplates the realization of assets and satisfaction of liabilities in the normal course of business, however, the issues described below raise substantial doubt about the Company’s ability to do so.
THE PRIOR 2 PARAGRAPHS SAY IT ALL....BANKRUPTCY IN THE OFFING...THEY WILL NEVER BE CF POSITIVE
Why so silent.....the push to zero is underway. How does one say it....Chapter 11?
Where is the 10Q? If this keeps up they are definitely going back to the bulletin board.
Where is the closing of the Sunoco deal?
What is happening with Novozyme?
What is happening with Iowa State?
All these so called great deals never materialize...ever.
Thompson should lose his license to practice law having presided over this scam. I urge shareholders to write to the Colorado Bar Association and place their grievances. As an attorney he knows the difference between right and wrong but let Fiores money influence him
This is an absolute crime that the Company is going to pay Berkshire and Fiore 500k. So in July SPYR has to fork over $500k IT DOESNT HAVE...LMFAO. BERKSHIRE HAS A FIRST LIEN ON ALL ASSETS....CAN YOU SAY, SCREW THE COMMON SHAREHOLDER????
Item 1.01 Entry into a Material Definitive Agreement.
(a)(1) On February 21, 2019, the Registrant amended a material definitive agreement not made in the ordinary course of its business, originally entered into on September 5, 2017, as disclosed on Form 8-K on September 6, 2017. The Parties to the agreement are the Registrant and Berkshire Capital Management Co., Inc., a corporation formed and operating under the laws of the State of Delaware (“Berkshire”). A material relationship exists between the Registrant and Berkshire, since Mr. Joseph Fiore, an officer and director of Berkshire, is a significant shareholder in the Registrant.
(a)(2) Pursuant to a Revolving Credit Loan Agreement and a Revolving Credit Master Note (“Agreement”) between the Registrant and Berkshire, Berkshire agreed to establish a revolving credit facility in favor of the Registrant in the maximum amount of five hundred thousand dollars ($500,000.00), with interest on amounts due calculated at 6% per annum. A first amendment to the Agreement was entered into on November 27, 2017, providing for an additional five hundred thousand dollars ($500,000.00). The Agreement was amended a second time to extend the repayment date to February 19, 2018. On February 21, 2019, the Parties amended the Agreement extending the date to repay the outstanding principal and interest to July 1, 2019. As security for funds lent to the Registrant, the Registrant agreed to a security agreement providing Berkshire with a first lien on the Registrant’s assets, and those of the Registrant’s wholly owned subsidiary, SPYR APPS, LLC.
Not just them....the cronies( brokers/ consultants) of Joe also....millions and millions of shares at zero cost. They really need to be going to jail. SEC should make it a requirement that anyone who is given stock for so called services needs to have their name put on record. The people I hear got the stock are penny stock promoters and the brokers they work all have shady pasts. Some stocks they were involved in ITEN, MHCC..millions of shares given to them, they liquidated and the stocks went to zero.
Where is all this grand news that was promised by the message board sages and derelict management?
ACCRETIVE ACQUISITION?
STEVEN UNIVERSE...SUCH A BIG HIT.... WHERE IS THE REVENUE?
HOW IS CO PAYING ITS BILLS...ZERO $ COMING IN WITHOUT FIORE LIQUIDATING OTHER PENNY STOCKS.
OH...WHAT EVER HAPPENNED TO POCKET STARSHIPS HYPE?
Once the SEC showed up all the rats jumped ship! Still waiting for the SEC to go after the brokers and consultants.
GERS is a pink sheet stock cant even qualify for NASDAQ. Co has implemented a 100-1 rev split 3 times sonce 2014 and get this...a 1000-1 reverse in 2011......just to keep the stock from being delisted and going to zero.They call that accounting engineering.Last quarterly filing with the SEC is in 2016. 9mo rev of $3.1mm and a net loss of $5.9mm. So explain to me how the company is in business again? Smoke and mirrors, hype?
Mkt cap of $1.2mm....lmao.So many related party trnsactions to try an obfuscate matters, see below. Self dealings with family run funds...in essence taking money from one pocket and putting in the other to make it look as if business is being transacted.
(1) Kevin Kreisler is the sole officer and sole member of the Company's Board of Director. All shares listed for Mr. Kreisler are owned of record by Viridis Capital, LLC. Viridis Capital, LLC is owned by Bitzio, Inc, of which Mr. Kreisler is the chief executive officer and a member of the board of directors. Mr. Kreisler is also the owner of Flux Carbon Corporation, which owns 80% of the equity in Bitzio, Inc.
SCAM!
Kreisler and the hedge funds( family controlled) that he stewards are nothing but vehicles to make themselves wealthy with all this convoluted JV deals....shareholders see nothing. White collar criminals IMO and the SEC should investigate.
No, they take cases like this all the time, so I dont wonder....this is not a one off. BTW, how much of the $18mm ATIS paid for this so called great GERS technology is going to GERS shareholders? I believe zero, look at the filings...Kreisler is the beneficiary.
Also I would note ATIS seems likqn nothing more than an extension of GERS....two main players Kennedy and Wisness now at ATIS came from GERS. Smells like a scam to me.
Your banking on an appeals court ruling... that is a losing proposition, plaintiff denied twice already ... 3 strikes your out. Question is who files ch 11 first, ATIS who can’t file a 10Q or GERS who has zero business.
Devils teeth will be chattering because it will be a cold day in hell before GERS or ATIS ever amounts to anything. In short somehow Kessler got ATIS to pay him $18mm for garbage. This guy who left GERS that now with ATIS is a clown. He’s been talking the same BS for years..... never results.
Great....like I said ....
Both cos mgnt teams are fraught with liars! This cannot he argued. Moreover they have enriched themselves at the expense of the common shareholder. Why Attis would pay Kessler and co at least $18mm is criminal.
“ final appeal” ...they aren’t winning! BTW, who’s paying the legal bill?God knows the company loses money hand over fist.
Later this yr or next....lmao.... great investment thesis genius!
Again, GERS has been around how long.... and how much money have they made?