Alkame Holdings Inc (ALKM)

[redwagon]

I am with you on this RO. Found out that it was HE, with his friendly neighborhood toxic lenders, that got 4 Billion shares out there and gave some to a "Major" promotion company that did lots of "DD" and pumped it as they dumped up to .0028. I believe that Eakle is the real deal and has managed to make something out of ALKM despite this. I also am certain (IMHO) that it is CK that is preventing the financials from being released as he has controlling shares through the toxic shock. I forget the SEC regulation code for this kind of move, but the gist is that you take on toxic lending that the company cannot possible pay back, and when they go into default, the lenders sue and with no resistance from the company, the debt is repaid with common stock. The caveat is that through this process, the lenders avoid any restrictions, and all the shares are immediately free-trading and available to dump on a pump scheme. The next step is either hiring one of these P&D firms via cash or more likely by giving them shares for free and letting them sell on the pump as the toxic lenders do the same.

Eakle tried to communicate with investors via Facebook, but that did not go well for either the company or the investors, so it was halted.

The good news is that there are no more shares available to dump, and we are sitting at what I think is a solid bottom. Without all these shenanigans, this stock would be trading much higher with much fewer shares OS. I still have a lot of shares and belief in Eakle, but I have backed out many shares luckily, at break even.