Saturday, October 20, 2018 11:11:54 PM
Thank you. I bear no malice towards those who have this fetid, spoiled DCLT trash in their accounts or in cert form. Indeed, they are the victims in this pennyscam.
The miscreants and crooks very deserving of the derision I direct at them are the two 'management' (mismanagement) clowns in the DCLT scam, ReclinerTimmy and GibberishGary (a/k/a GobbledygookGary) and the director, FlushDaJohnSchafer.
Indeed, the scurrilous vermin who appear to have spearheaded the 2013 pump & dump of DCLT seems to include FlushDaJohnSchafer, who still remains as a director along with ReclinerTimmy - the only two directors of the DCLT pennyscam.
As stated previously, DCLT is nott suitable to be a public company, it ought to be a private close corp held by ReclinerTimmy, GibberishGary, FlushDaJohnSchafer, and two others from Waterfront Ventures, LLC/JLS Holdings, LLC.
In effect, DCLT is THEIR private elderly and fading cash cow that serves to bridge ReclinerTimmy to Social Security eligibility age (he hopes!).
When that's done, these guys control the majority vote and they can then do whatever they want with the dead carcass of DCLT. One route I've seen just recently in another 1 or 2-man income shop is to quit filing financials and in 2-3 years the SEC will send them a notice of revocation, they can chose nott to respond or send a letter acquiescing to the revocation and voila, the company is taken private just by that. This happened just this month in another pennyscam turd, MYEC, that is controlled by a dude, much like ReclinerTimmy, just using the biz as a source of salary, benefits, retirement plan, and travel/vacation munny. The heat gott badd when a court case showed that he used company funds to buy four expensive properties, including the house he lives in, with company money butt titled the properties to his personal trusts. Then he decided going private by SEC revocation was the way to close the curtain and still keep his munny coming from any revenue the corporation getts, if any, without inciting the shareholders to sue him as they still kept shares, now in a private company with no reporting obligations to anyone, as a reason nott to rock DaBoat, ever hoping for the hopeless that their shares wood someday be worth something (they won't).
Whilst I don't know if anything similar to the real estate embezzlement in MYEC has occurred in DCLT, I wood note that FlushDaJohnSchafer's background and LLCs have strong real estate backgrounds, so who really can say where the munny all winds up? With all the accountancies that recently have been sanctioned and banned by the PCOAB, I woodn't trust any audit nott done by a Big Four firm.
In any case, real estate or nott, DCLT is just a home-based part-time biz to tide ReclinerTimmy over to Social Security and as a source of side-income for GobbledygookGary, and as a future shell/playtoy for FlushDaJohn when ReclinerTimmy is eligible for his MediScare and Social Security.
ReclinerTimmy's anti-scorbutic pizza - today's fare at DCLT HQ - a/k/a Casa de ReclinerTimmy
Recent DCLT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/17/2024 01:00:46 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/14/2024 01:15:17 PM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM