Replies to post #108569 on DD Support Board and Research Team

[nodummy]

Looks like GMNI is in the process of creating new free trading stock using an illegal 3(a)10 exemption with Rockwell Capital Partners LLC.

http://www.otcmarkets.com/financialReportViewer?symbol=GMNI&id=155831

Rockwell Capital Partners LLC has probably already started dumping some of those shares into the market

Rockwell appears to be using the 3(a)10 exemption the same way that IBC Funds LLC was using the 3(a)10 exemption before the SEC put a stop to IBC Funds scheme:

https://www.sec.gov/litigation/admin/2016/33-10042.pdf

Like IBC Funds LLC, Rockwell Capital Partners LLC is paying off debt/liabilities from the balance sheet of publicly traded companies like GMNI in exchange for discounted free trading stock. A big no no.

Rockwell Capital Partners LLC is run by Robert P. DePalo

http://www.rockwellcapital.com/

As this SEC Complaint from March 20, 2015 shows, Robert P DePalo has a recent history of Securities Fruad

http://www.sec.gov/litigation/complaints/2015/comp-pr2015-94.pdf

According to the SEC release, the New York County District Attorney's Office has announced criminal charges against DePalo

https://www.sec.gov/litigation/litreleases/2015/lr23272.htm



I'm pretty sure FINRA and the SEC would frown down upon bad actors like Robert DePalo being involved in publicly traded companies like GMNI