CarSmartt Inc (CRSM)

[Huggy Bear]

This is fascinating real due diligence.

On May 23, 2017, Tracy was discharged as the custodian making the sale of the shell official.

Three days later on May 26, 2017, H Wayne Hayes Jr filed a 3(a)10 lawsuit in Sarasota County to have $34,000 in debt plus interest acquired from Adam Tracy turned into free trading stock.

https://www.scribd.com/document/382421208/Crs-m-Complaint

This time Hayes Jr used a UK entity he set up on May 24, 2016 named PatientTrac Limited

https://beta.companieshouse.gov.uk/company/10196539

https://beta.companieshouse.gov.uk/company/10196539/officers

According to the Sarasota Court documents, Hayes Jr acquired $36,094 in total debt from Tracy ($34,000 + $2,094 in interest). We aren't told how much Hayes Jr had to pay Tracy for that $36,094 debt but we can assume it was less than $36,094.

CRPM agreed to settle the debt by issuing 32,000,000 free trading shares to H Wayne Hayes Jr

https://www.scribd.com/document/382402666/Crs-m-Hayes-Jr-Settlement



No broker/dealer was used for the transaction.

If Hayes Jr paid $30,000 for the debt that would be $.0009/share.

CRSM carries a float of 40,168,751 shares which means that Hayes Jr owned about 80% of the CRSM float.

In January of 2018 SPSM briefly filed a Form 10

https://backend.otcmarkets.com/otcapi/company/sec-filings/12466819/content/html

The Form 10 mentioned the 32,000,000 shares that were issued for debt, but it failed to mention the 3(a)10 lawsuit and failed to disclose who received the 32,000,000 shares.

Perhaps the questions the SEC started asking where questions that SPSM didn't want to have to answer because the Form 10 was withdrawn in March of 2018

https://backend.otcmarkets.com/otcapi/company/sec-filings/12603087/content/html

On February 14, 2018 (11 months after filing for the corporate action), Sport Supplement Group Inc (SPSM) got FINRA approval for a name/symbol change to CarSmartt Inc (CPSM).

The most recent quarterly report for CPSM for the period ending March 31, 2018 showed only $247.74 in cash and no revenues for CPSM

https://backend.otcmarkets.com/otcapi/company/financial-report/191627/content

With the CarSmartt Inc business not doing well, H Wayne Hayes Jr kicked things up a notch by having Vito Mattia Visconti incorporate a new entity named Mining Boys Inc on February 13, 2018

search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=OfficerRegisteredAgentName&directionType=Initial&searchNameOrder=VISCONTIVITOMATTIA%20P180000148621&aggregateId=domp-p18000014862-6f67b7dc-53bc-453d-adbf-f329b150dab2&searchTerm=VISCONTI%20VITO%20M&listNameOrder=VISCONTIVITOM%20P170000141890

Mining Boys Inc quickly set up a website to pretend to be a cryptocurrency company

https://miningboys.com/

miningboys.com was registered as a domain on January 15, 2018

On the website Mining Boys Inc offers products for sale including some products related to crypto mining and it claims that you can purchase the products with a credit card or with cryptocurrency.



Then a press release was put out for the acquisition of Mining Boys Inc by CRPM so that CRPM can now tout itself as a blockchain/crypto stock

https://www.otcmarkets.com/stock/CRSM/news/CarSmarttR-OTC-PINK-CRSM-Update-on-Acquisition-of-Mining-Boys-Inc?id=188997

A copy of the arm's length purchase agreement can be seen here

https://backend.otcmarkets.com/otcapi/company/sec-filings/12764228/content/html

CRSM has continued to kick things up first by doing a PR on May 15, 2018 talking about hosting miners I guess so that CRSM can start mining their own cryptocurrencies

https://www.otcmarkets.com/stock/CRSM/news/CarSmarttR-OTC-CRSM-Announces-an-Increase-in-Hosting-Capacity-in-Its-Warehouse-for-Mining-Boys-Inc?id=192447

Then on May 29, 2018, CRSM announced a partnership with Archer Robotics, LLC. and Aitheon Blockchain to develop a self driving car fleet for their virtually non-existent ride sharing business

https://www.otcmarkets.com/stock/CRSM/news/CarSmartt-OTC-CRSM-Announces-Partnership-With-Archer-Robotics-LLC-And-Aitheon-Blockchain-To-Develop-Self-Driving-Cars-Fl?id=193824

On June 18, 2018, CRSM announced that it would be doing an ICO

https://www.otcmarkets.com/stock/CRSM/news/CarsmarttR-OTC-CRSM-Announce-Corporate-Update?id=195578

Like with TRON, H Wayne Hayes Jr has been pumping CRSM on twitter and facebook while he probably slowly unloads his 32,000,000 free trading shares that cost him around $.0009/share

https://twitter.com/hwaynehayesjr
https://twitter.com/patienttrac
https://www.facebook.com/HWayneHayesJr

Quoted content by nodummy:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141907589