![](https://investorshub.advfn.com/uicon/465698.png?cb=1542721895)
Wednesday, April 27, 2016 6:14:10 PM
Summary Disposition is May 27th. That means let's make a deal and make this go away. Thats what the judge wants. If not Biel a gets hearing in September. The whole thing does not affect us stockholders. It is a he said she said story.
****SEC litigation against BIEL - Link***** MUST_ SEE_BEFORE_BUYING_SCAM!!!!
http://www.sec.gov/litigation/admin/2016/33-10036.pdf
SEC has more things now. They now have the tactics of the family. And they have our complaint of continuing to sell and ship to the USA through Amazon. They are now exposing fake sales and timing. Bill & Hold transactions and the date these deals were done.
Three falsehoods in the above paragraph
1. The word Tactics is used to covey a negative connotation as to the method the company has used to self finance.
2. Company is NOT shipping and selling through Amazon, third parties have done so and the company has stopped them each time.
3. “Fake” sales is a false statement, the issue is over when the sales should have been recorded and reported. This is FROM 7 YEARS AGO!! One time occurrence, and it is a he said she said, and of little significance.
And more... NOT GOOD!!!
HUH?
Now that you know these guys have added FAKE sales to their filings, can you professionally rely on any of the rest of their filings or updates?
Again NO “FAKE” sales, that is an embellishment.
Can wake up to this HALTED any day.... This is a very HALT-ABLE Offence when comes out.
Where is the HALT, there is none. Why, because it is an Administrative action and NOT a Civil or Criminal action.
Plus... NOW many in here will find out just how bad this share structure hurts them. See even if the "family" helped by putting some money back into the company, one MAJOR new development here is that option no longer exists. Now all funding and terms will be determined on how "attractive" the company would look. And at this bloated structure, this will attract the toxic of the toxics.
Say what. Perhaps there are 11 billion shares out giving this a Market Cap of about $15 Million. Double the shares would still ONLY be a Market Cap of about 30 Million.
“Toxic of Toxics” is PURE HYPE!!
So for funding going further they are going to need to get outside financing. Theyve already burnt their credit line bridge. Now the toxic family, who many said family would go easier on them in terms, has to look for those more vulture type options. Then even they will get the low end of that because even those guys will see 15 Billion A/S,and over 11 Billion O/S as problematic.
As stated above the share structure is NOT an issue and even if they got to 15 Billion outstanding, at current price that is the same as 15 million shares at $1.40 cents or 1.5 Million at $14.00 so NO BIG DEAL!!!
This only goes from bad to worse now. And thats if it even survives not being HALTED.
NOT GETTING HALTED!! It is an Administrative Action, not a Criminal Action.
This was their crooked funding for 7 years. Now what? And what was always tried to be used as a good thing by it being the family and not someone else, JUST CHANGED FOR THE WORSE.
NOT CROOKED FUNDING, false statement.
Watch for a mass exit on Monday.
Lemmings jumped the ship umm, about 5% and the stock is NOW recovering and represents an OUTSTANDING buying OPPORTUNITY. And that was way back at the beginning of February. Stock has fully recovered since then and is actually UP!! Their loss as they would be up.
Buyers BEWARE!!!
Beware of WHAT? That can be said of any stock.
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM