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kd1911

04/30/15 3:56 PM

#9294 RE: Bigjohn6500 #9293

Actually I've only been on this site since 2012. But history keeps repeating itself with these guys. They keep getting sued. Von Cummings is typically named as a defendant. They keep touting deals that end up going nowhere and must know those deals are going nowhere from the get go. It certainly appears that they just pump and dump away. Now they've had their massive reverse split last summer and you and I both know another one is coming. They're going to have to do it to make this company a pump and dump money maker for them again. Time and time again people who do business with them get burned and people who invest in their company get burned. They just keep going though, putting out their fluffy meaningless press releases about this new deal or that new deal that is going to fall through or go into perpetual limbo. They barely make any money and their expenses always far outweigh the little bit they bring in. They couldn't be getting all these loans they pretend to get or they'd be making way more than they make. One multimillion dollar loan would make them more than they've ever made. Not only do they keep getting sued, but they owe millions in judgments they never pay on and some of those judgments go back years and years, like the one from Sebaco Siete, S.A. v. Omega Realty Partners, L.L.C., et. al in Miami-Dade County, Florida where a judgment was entered against them for over $1.5 million in March 2008 that they haven't paid a dime on. They don't pay on any of the judgments they list in their filings and don't always list the judgments against them, from what I can see.

I keep saying the same things because nothing has changed, vargass. Their history matters because it keeps repeating itself. The same players keep playing the same games. Their song changes but what they sing is fiction to begin with.