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Re: 1manband post# 170903

Thursday, 04/09/2020 8:56:35 PM

Thursday, April 09, 2020 8:56:35 PM

Post# of 220792
Looks like this David Saltrelli of WMGR has been around a while. Here is a post from 2011 from the NSAV forum (old penny stock scam)

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=60861175

total scam -- I met David Saltrelli back in 2002 when this shell was Netmaximizer "MAXX" an affiliated program company that was a total scam. The stock "play" went from $1.35 a share to .10 cents in days. David, a Canadian stock promoter, works out of a 300 square foot office on a back street in Clearwater Beach Florida. I looked inside yesterday morning and found a single steal desk with nothing on it..

This Company has a market cap of 110 million and runs out of a shabby 300 sq ft office with no support. This Company has gone thru 3 name changes since 2002 and now he is back to the hot Groupon business model.

I also went thru his trash on the street and found some very interesting notes and 2do lists. All relating to promoters and people to pay 300K here 250 k over there. Also found a bunch of candy rappers and haagen dazs Ice cream.

I have no position and would never buy a company with $1,800 in cash but -- really David.

This deal has caught the eyes of the SEC I am sure and David and his partner in Vancouver better think about spending all those tens of millions-- this deal has traded 120 million shares in the month of March at an average of .60 cents --do the math. Folks and run --



Looks like that NPR reporter, Tom Dreisbach, did some digging of his own into Saltrelli and another WMGR executive named George Todt.

https://twitter.com/TomDreisbach/status/1245751484832075776

Two figures associated with Wellness Matrix Group were previously sued by federal regulators.

Saltrelli, the VP of Marketing, was sued by the Federal Trade Commission.

The other figure, George Todt, was sued by the Securities and Exchange Commission.




https://www.sec.gov/litigation/litreleases/lr19562.htm

More info on another Todt scam here:

https://www.courthousenews.com/recidivist-scammer-did-it-again-woman-says/


These guys need nice long penny stock bans and maybe even some jail time.


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