Home > Boards > US Listed > Medical - Equipment > Kelvin Medical, Inc. (KVMD)
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Tuesday, March 20, 2018 1:01:59 PM

Re: TenKay post# 61

Post# of 115
This one has the future Indictment smell to it.

As some posters already pointed out KVMD was another deal linked to the Gannon Giguiere/Michael Forster/Sharon Mitchell group

This group can be found together in other manipulated stocks including EVTI and ESSI. They were also together in some junk tickers like VTNL, SIML, and GMGI.

On top of that, Michael Forster has a long history of pump&dump activity in numerous stocks which earned him a letter from the DOJ in 2014 telling him he was the subject of a Federal investigation

http://promotionstocksecrets.com/wp-content/uploads/2015/12/Screen-Shot-2015-12-19-at-10.44.34-AM.png

and a Subpoena from the SEC in early 2015 because the SEC was investigating his pump&dump activities

http://promotionstocksecrets.com/wp-content/uploads/2015/12/ForsterSubpoena.pdf

Forster managed to get the SEC Subpoena quashed

http://promotionstocksecrets.com/wp-content/uploads/2015/12/FosterQuash.pdf

With the SEC breathing down his neck, Michael Forster used his girlfriend, Amy Swanson Chaffe, to front for him while running a high profile paid promotion using CLOW in early 2016. Forster probably made a fortune from CLOW then used some of those proceeds to pay for a nice elaborate wedding when he married Amy Chaffe on April 16, 2016.

Forster also used Amy Swanson Chaffe's mother, Leisa Swanson, to front for him when he set up the VLRX shell.


Anyways, the SEC coming down on this group is long over due.

ESSI also got suspended

https://www.sec.gov/litigation/suspensions/2017/34-80737.pdf

But this time they mention "manipulative transactions" in the suspension notice

https://www.sec.gov/litigation/suspensions/2018/34-82903.pdf

so hopefully this results in more than just a suspension. It will be interesting to see if any Indictments are handed down.
















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