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Re: Lblues post# 80685

Wednesday, 02/22/2017 9:14:04 AM

Wednesday, February 22, 2017 9:14:04 AM

Post# of 100670
No, this is not "a start up company" at all.

This is a start up company that started in the Pink Sheets and has become a fully reported company. You act like this company has been around for 10 + years...

This is just the latest version of Jerry's long running scam which HAS been around for 10+ years. It's just been renamed after he drove the previous version into bankruptcy.

Anyone looking at the history of the scum running this dilution machine can easily see the truth.

Has Jerry explained why the CEO is a guy he'd previously sued for fraud?

Has Jerry explained why the SEC sanctioned Radcliffe crew are so deeply involved?



SEC Charges Father and Son in Financial Fraud at Sports Memorabilia Company

The Securities and Exchange Commission ("Commission") today charged Joseph D. Racliffe and his son Michael J. Radcliffe, both of Elka Park, New York, with operating a financial fraud at Image Innovations Holdings, Inc. ("Image"), a public company that dealt in sports memorabilia. The Commission also charged Joseph Radcliffe with illegal insider trading.

The Commission's complaint, which was filed in the United States District Court for the District of Columbia, alleges that Michael Radcliffe was a Director of Image and the Chief Operating Officer of its operating subsidiary, and he signed the company's financial reports. Joseph Radcliffe, who held himself out as a "consultant" for the company, actually controlled the operations of the company... Joseph and Michael Radcliffe engaged in a scheme in which they created fictitious sales of company merchandise, which were recorded in the company books and records as revenue. The Radcliffes used false invoices and other documentation to disguise the fact that the sales were phony. The Commission further alleges that the revenue reported from the fictitious sales was included in the company's financial reports, which were disseminated to the public and filed with the Commission.... Joseph Radcliffe sold shares of the Company at prices inflated by the fraud while in possession of material, nonpublic information regarding the Company's true financial performance and without registering the sales as required by the securities laws. The Radcliffes obtained a total of at least $965,000 from the financial fraud and illegal stock sales. The fraudulent scheme eventually came to light when a newly-hired company officer questioned the company's revenue figures.