Thursday, October 30, 2014 11:03:02 PM
I fought hard for the ADIA shareholders nonstop as people tried to turn it into another stupid fraudulent penny stock scam. The people who wanted to use ADIA for this purpose never cared about creating a valuable business, they only ever cared about creating meaningless hype.
If I had known that Bill would not even bother to pay the Nevada Secretary of State annual fee, and would not even be reporting his CEO position in any LVVV filings with the SEC, then obviously I would not have trusted him and I would not have resigned as CEO myself in January.
My concern now is that Bill Hodson may be entirely out of money as a result of the SEC enforcement action against his only source of capital: Asher.
If correct, then everything LiveWire said and did was precisely what the SEC and FINRA refer to in the press release, below. Under Sarbox Rules these behaviors carry a criminal, not just civil, penalty for Bill. If he is honest and ethical, as I still hope he is, then one would expect him to be demonstrating it by now...
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370543327365
SEC and FINRA Warn Investors About Penny Stock Scams Hyping Dormant Shell Companies
Recent ADIA News
- Form 1-A/A - Offering Statement [Regulation A]: [Amend] • Edgar (US Regulatory) • 06/18/2024 01:17:23 PM
- Form 1-A/A - Offering Statement [Regulation A]: [Amend] • Edgar (US Regulatory) • 06/10/2024 07:15:08 PM
- Form 1-A/A - Offering Statement [Regulation A]: [Amend] • Edgar (US Regulatory) • 05/24/2024 08:14:33 PM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM