I've read lot's of pro's and con's about Honig, but, don't know much about him. I do know that the author of the article supposedly exposing cdxc as a barry honig company with a puppet CEO tends to distort reality. Having followed the company due to my interest in Niagen led me to research the origin of cdxc after reading the hit piece and found the article was full of bs as it pertained to cdxc. Can't speak to any of the rest. Hit pieces are great if factual. This one was a farce,.
cdxc was a side target hit. Honig was the primary target.
After my research on the company I contacted the CEO and got an interview.
I suspect you are correct when thinking the author might have been threatened with a lawsuit. Since the article was aimed at Honig, it was most likely Honig attorny's that made contact.
In Reply to 'nodummy' That's a shame. They probably threatened to sue the author and scared him into taking it down.
Hopefully enough eyes are finally on Barry Honig now because of CDXC and especially MGT that he finally gets busted after his years of running pump&dumps on public tickers.
It's one thing to run a bunch of insider enrichment pump&dump paid promotion scams on penny stocks, but taking his games to the Big Boards is going to put him at a lot higher risk of drawing the attention of the regulators.
re: Barry Honig. I assume that this is the same guy.
"Solomon Sharbat, in his individual capacity and as trustee of the Solomon Capital 401 (k) Trust, Solomon Capital LLC, and Solomon Capital 401 (k) Trust originally brought claims for breach of contract, unjust enrichment, and conversion against Marcus Butler and MSB Group Inc. ("MSB-NJ"), a New Jersey corporation wholly owned by Butler...
Plaintiffs recently retained new counsel and now move for leave to amend. The PFAC asserts the original claims for breach of contract, conversion, and unjust enrichment against three new defendants: Michael Hartstein, Barry Honig, and MSB Group Inc. ("MSB-DE"), a Delaware corporation. The PFAC also adds new claims for common law fraud, fraudulent conveyance...
According to the allegations in the Amended Complaint, plaintiffs agreed to loan Butler and MSB-NJ $600,000 for the purchase of shares in SpongeTech Delivery Systems, Inc. ("SpongeTech") and Vanity Events Holding, Inc. ("Vanity") from a third party.4 In return, Butler and MSB-NJ guaranteed that plaintiffs would recover their $600,000 as well as fifty percent of any proceeds from Butler's resale of the shares to third parties.5 Plaintiffs claim that they gave Butler and MSB-NJ the $600,000 pursuant to the agreement but only received $200,000 worth of SpongeTech and Vanity stock in return.6
Hartstein, a licensed broker dealer and investment adviser, facilitated the transaction in exchange for a $60,000 "agency fee" that Butler and MSB-NJ agreed to pay.7 Hartstein also loaned plaintiffs money to enable them in turn to loan the full $600,000.8 Plaintiffs ultimately repaid Hartstein's loan as well as the agency fee, which Butler and MSB-NJ never repaid.9 Despite plaintiffs' "timely demand" for the remaining $400,000 and Hartstein's $60,000 agency fee, Butler and MSB-NJ refused to pay.10 A default judgment was entered against MSB-NJ in the amount of $462,000, including attorneys' fees and costs. The claims remain pending against Butler, who is incarcerated."