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They have to restart the entire audit procedure and rehire an accountant ... with no money. They'll be set back by probably months.
I'll take what the sec says over Leepharma and the random Ihubber who was super pro Ronn then ran away after the dilution hit lol.
Sec says their auditor is a fraud and is removing their ability to audit in the u.s.
Ronn now has no auditor and no S-1 and the only info we have is tobique lol. No thanks.
They have no money, and no auditor, and no S-1. What exactly are they going to do here with this ticker? the dilution is so high that even dumping mmm... 145,000,000 shares is what? roughly $87K or something close? What's that going to do? In the world of equipment that costs 15X that, it means fuck all. Now their ticker will be .0004, another round is 58K That does what? cover the rent of that month? Now we're probably at .0003 that's 43K.
This ticker is dead.
Are you ready for Ronn Toyota to appear with another great RONN VROOMVROOMGROUP CO ticker that's gonna go nasdaq?
It did touch .008 that's why I think just can get some at that level.
The primary benefit is CLNV isn't really diluting as massively as Robert is yelling. Go look at how much ron motor group has diluted in just last month compared to CLNV. The amount they diluted barely covers the basic expenses. They are also actually receiving positive and trackable news compared to some entities.
It's making me money every week. So, yeah it is pretty great :)
I think we get a few more dumps this week just based on trends. Who knows though. Israel is busy ruining my blue chip investments with their nonsense.
I mean, if you think what he is doing is illegal you are welcome to report to SEC. I don't think posting on here, or 15+ times a day on Twitter to an empty audience is going to do anything though.
I got some .0092. Might fish for some .008s tomorrow.
I think many investors were fooled by several 9 figure agreements with real companies attached to them. Rana Group isn't a small company, nor is Tobique. Rana was also advertising Ronn on social media. Without either of those 2 Ronn would have been .0001 easily This is the aftermath.
There is no S-1 because they don't have an auditor per SEC. Anything they say is irrelevant, and they should cease being a company effective immediately.
Yes.
Unfortunately for you, that Twitter post doesn't relate to any real legal documentation is segmented onto West Virginia's end.
You're basically coming into a conversation discussing the legalities of a document and throwing a whataboutism regarding a bank deposit from a separate entity. They're not mutually exclusive.
I mean I guess you're welcome to take his IHUB post about them being allowed to use the bond on notes and send it to the SEC though. I don't think it's going to go anywhere though.
https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26143
Ahh there it is. Fraud. Can't wait for Ronn to make a press release with some fluffy B.S trying to justify why they have no S-1. Or a sudden "ticker change"
"The complaint seeks civil penalties as well as permanent injunctive relief, including an order permanently barring Oyebola and his firm from acting as auditors or accountants for U.S. public companies or otherwise providing substantial assistance in the preparation of financial statements filed with the SEC."
The IR guy whose legally held accountable for his words just said it can be used for note pay. Go sue him and tell Jim Justice.
https://governor.wv.gov/Pages/default.aspx
Good luck.
I wouldn't say shuts off. I'd say temporarily delays. Until Dan proves he can consistently and consecutively acquire the income from deals (not just agreements) there will always be dilution and few months down the road.
I will say it should be significantly easier to generate if what he said was true of upsis because MI and AZ should be able to be rapidly funded now since all the math should have been worked out. They should, hypothetically, be able to start the drafting + everything else this month for one of them. If these are all "cookie cutter" like the guy said. The lay out blue prints will be pretty much copy paste. All of that should be copy paste. So they should be able to get another "bond" from upsis for the next two.
Unless I'm wrong, but if I'm not i don't see why they can't get those two rolling this quarter. It should be significantly faster.
I was part of that ticker you speak of lol. The CEO is 100% fraudulent. The guy routinely left Frank in the dark to the point we did a space call and the guy just straight up no showed on Frank and then randomly hung out in NYC in an executive lounge and left us hanging for weeks.
He then promised Frank the rest of us no dilution and then initiated a reverse split into dilution over night and Frank again openly called him out with hashtags and everything and the guy ghosted everyone so Frank quit him publicly.
Every other stock you're referencing, Frank usually has called out around .20/.40 cents and they have almost always reached 1.20-.80 cents. You did technically make money if you listened to him at any of those times.
It's not really his fault if CEOs decides to be a p.o.s and not deliver which is regrettably the standard in most otcs.
Nah
He's not going to post news on a Monday. So, it's October as far as trading and news is concerned.
It's October and still no S-1, the the thing they promised... in June lol.
I think that's already been posted
Is Walsh actually trying to imply the cosm ceo is a good guy lol. Wild.
Its the bottom until the next fluff pr.
Well, there really is no legitimate reason for the amount of dilution they've issued. They were better off just sitting on the sidelines as a "remote" entity using their homes as office space and sitting back and letting the deal unfold with Tobique. But unfortunately, Ronn is a con artist who changed his name and likes flying 1st class and staying in executive lounges at hotels and buy premium car show tickets, so you know—only the greatest for our obese ceo.
What happened to all your posts bragging about how many money you were making on Ronn? Where'd those go ?
Are you saying you haven't?
https://imgur.com/YVmXeLN
This originally had more than one employee. Was roughly 32. It's now down to 1.
Think it's safe to say everyone jumped ship and it's a dead company :)
He's about to be down 2 companies from S-1 filings lol. Guy is going to die a fucking failure. 10/10
I don't know man. You've posted more on Twitter this week than I have in the last year. That's probably the closest thing to insanity there is.
They're either going to produce, or they're not. But now with 2 signed agreements it should be close. If they're not they're not going to have fun waiting "till the holidays"
They should technically be close to the W.V funding hopefully.
It's clearly not showing. Have a good one.
Good luck out there kid, you're gonna need it.
You said retort his post.
I copied the post for board clarification and then retorted each segment. I can't help that you don't know how to read, and lack comprehension. But now that you've resorted to personal attacks against people personally you honestly deserve reporting, and I shall do so.
GFY? Lol. Are you saying . . . I haven't been on Stocktwits for several years? An amazing assumption, once again!
Yeah?
" A lot of the items discussed on the spaces calls did come to fruition. ASU they received the letter, but nothing was done on the project, Morocco, Dan never ordered additional equipment, WV they still have not got funding, the Green Bond which they received sounds dead and will not be funded, MI not sure what happened to that plant? This should have been handled significantly different. When the pump occurred to .12 CLNV should have diluted to purchase equipment for Morocco which would have given a solid ROI. Now it seems that the company is flat broke and everything based on the WV funding which will not be close to cover the cost of the project and the loan stipulation may not allow them to pay down their notes. I would blame the issue on CLNV management. Frank did continuously, along with Dan, dangled carrots in our faces to make us hold on and CLNV never executed. As you know, I left the project over a month ago. The August twitter call showed the writing on the wall."
"Furthermore, any equipment ordered will take 12 months to delivery probably another 2 to get running and setup. So even if the WV funding comes in for CLNV to generate revenue on WV they are at least 14 months out from funding and equipment purchase dates."
"ASU they received the letter, but nothing was done on the project" <-- focused on W.V, was specified in the Spacecall, assumed W.V would be straight forward. If your minuscule brain did an inkling of research, you'd know that I even specifically tried to get Dan and Frank from entertaining W.V all together. They decided not to listen and push forward. Nothing I can do about that. I already knew how shitty W.V politics were.
"Morocco, Dan never ordered additional equipment" The additional equipment was to be ordered with the bond money and W.V equity credits. The company originally "in charge" of the Bond has done 0 advertising for the bond and has put very little effort into it when they were supposed to. So, they are going through other routes to potentially secure the bond (discussed on the space call)
" MI not sure what happened to that plant?" I believe that one in particular is either A: In a legislative stand still with a senator attempting to keep it out of the state. Or, it's the one next in line and was on the verge of becoming priority until W.V's nonsense was more or less completed in August. It's one of the two. I wouldn't be surprised if stuff regarding Michigan is announced soon after the W.V stuff if it ever comes to fruition.
"When the pump occurred to .12 CLNV should have diluted to purchase equipment for Morocco which would have given a solid ROI." This is a hindsight 2020. I told them not to go with W.V, and they probably would have been better off with Michigan, or some other task. Diluting is just an alternative and isn't including potential negative sentiment from the offering anyways. This is pretty neutral.
That's quite the assumption with no real knowledge to go off of. Good job.
Longplays apparently didn't understand the point of why they went to UPS. UPS is basically giving the guaranteed security that allows them to operate without any of that, and all that needs done is it be handed to Huntington to "loan swap" As soon as UPS delivers they're in the zone pretty much. It really should just be weeks, to a month.
I don't think he knows how to make one. Remember RMG was also waiting on an S-1 before disbanding.
That is technically true yeah
... uhhh. Alrighty.
Google search how to print screen/screenshot.
That should give you the rest of the instructions
You should screen shot that email and post it. Since Julian is apparently the new CEO of Ronn as far as everything is concerned, since he's the only reason Ronn's company hasn't outright died yet.
We are just days away from October, and still no S-1 for ANY project by the way :)