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Re: None

Thursday, 09/05/2019 7:42:49 AM

Thursday, September 05, 2019 7:42:49 AM

Post# of 28886


Check out the part in red...

This is a 2012 post:



XenaLives Member Level Tuesday, 07/31/12 03:47:10 PM
Re: TRILLIONAIRE MAN post# 8569 0
Post #
8570
of 9391
I care - a pump gets fuel from naive investors. It's a con game and the pervasive pump and dump tone of the OTC disadvantages legitimate companies.

Allegiant ( the BONAR and STTN are birds of a feather. If APRO is getting ready for a run that probably means they're ready to bury STTN, at least until they are ready do reincarnate and run that one again. BONAR as the same arragement with Solvis also.

STTN history, the bolded information below should be very familiar to those that follow STTN, it is exactly the same arrangement that BONAR has with Solvis.


If you go back to the original filings on Allegiant -

http://www.otcmarkets.com/stock/APRO/financials

Set the documents at 50 and look for the earliest filing.

When you start reading the SB-2 filed on July 17,2006 lists Tiffany Miller. Authorized shares are 5 million.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=4537510#TSHOW_SB2_HTM_M312006

On page 34 of the filing below, Sept. 30 2006, she had 53% of the shares:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=4883421

The above filing also says they have spent $64,000 out of $68,000 in working capital and have $1000 in inventory.

In addition there are 5 million preferred shares and 70 million authorized.

I the filing below David Goldberg takes over as CEO:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=5585423



As of December 3, 2007, our authorized capital stock consists of 980,000,000 shares of common stock, par value $0.001 per share, and 5,000,000 shares of preferred stock, par value $0.001 per share. Immediately prior to Closing, TPI had 45,500,000 shares of common stock issued and outstanding. Pursuant to the Plan of Reorganization, certain shareholders of TPI agreed to cancel 23,275,000 shares of TPI common stock and TPI agreed to issue an additional 79,000,000 shares of common stock to entities designated by FV-Delaware. As of December 3, 2007 and immediately after Closing, an aggregate of 101,225,000 shares of Common Stock were outstanding, including shares issued pursuant to the Closing.



On December 31,2007 it has $8000 on the balance sheet.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=5734854

It's "Plan of Operations":


Pursuant to the acquisition of Focus Views in 2008, the Company intends to continue to work to develop its internet portal and develop the financial services websites, including OTC Views, Focus500, Stock Detective and ProView.

To the extent the Company is successful in developing its websites and increasing its visitor base, the Company expects to realize cash that will be sufficient to continue operations during the next 12 months. The Company’s opinion concerning its liquidity is based on current information. If this information proves to be inaccurate, or if circumstances change, the Company may not be able to meet its liquidity needs.



Over the course of the next few years, the Company intends to grow and expand its internet presence and become a main provider of OTCBB financial information to investors. The Company expects to develop and maintain a complete internet portal that consists of a variety of websites designed to provide the visitor with information regarding companies trading on the OTC Bulletin Board.



March 14, 2008 BONAR takes over.

www.otcmarkets.com/edgar/GetFilingHtml?FilingID=5807794

This is the company's largest asset:
Quote:
Prepaid workers compensation premium
4,683,137


Hmm, who was this premium paid to?

Quote:

ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.

Effective March 14, 2008, the board of directors increased the size of our board of directors from one to three directors by appointing Brian Bonar and John Capezzuto to fill the vacancies on the board of directors. These new directors have not yet been appointed to any committees of our board of directors.

In addition, David Goldberg, the Company’s Chief Executive Officer, Chief Financial Officer and Corporate Secretary resigned as the Corporate Secretary as of March 14, 2008. Brian Bonar was elected President and John Capezzuto was elected as the Secretary Protem to replace David Goldberg. Mr. Goldberg’s resignation as the Corporate Secretary was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.


On this filing we have an acquisition of "client contracts" Which was what STTN just acquired for it's last pump and dump effort. You have to wonder how old these "client contracts" are and how many times they've been passed around.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6012143


Quote:
ITEM 2.01 Acquisition of Assets

Effective April 1, 2008 Tradeshow Products Inc. (“Buyer”) acquired from Employment Systems, Inc. (”Seller”) certain client contracts including related obligations and certain office equipment leases. The consideration paid was $100,000 plus 3% of the gross payroll each month, for as long the clients remain with the seller, or $15,000 per month for sixty (60) months, whichever is greater. Ten thousand dollars ($10,000) monthly of the purchase price shall be paid by the Buyer to the appropriate tax collection authority to pay down an existing ESI tax lien. The remaining amount of the monthly purchase price will be used to discharge the Seller’s debt obligations to the Buyer.


I've found that shell history is just as important as business plans in doing DD.






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