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Kool Aid Man

09/24/22 12:03 AM

#115038 RE: B1gbtv001 #115032

I thought Joe Blumenthal isn't supposed to have any dealings involvement running penny stocks ever. So what's he doing meeting with the CEO of one and a prospective acquisition partner? Was he involved in the interview process? Was he advocating for the company and its manager? Was he lobbying you to join them? Was he giving you assurances regarding his financial backing of the company etc?

Seems to me that if one were to combine the actions above in addition to the real or implied financing the penny stock --even if he did so indirectly by instructing his wife Vivian to do it for his benefit-- that might possibly be construed as him functioning as a "control person" of a public company even if done indirectly (i.e. his name not appearing in filings as an officer, director or beneficial shareholder).

Call me crazy but criminals do such things all the time. Hiring or installing a front man to be the face of an operation and manager things doesn't mean the guy(s) in the shadows aren't actively also controlling what goes on.

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IT IS HEREBY ORDERED, pursuant to Section 15(b)(6) of the Exchange Act, that Joseph M. Blumenthal be, and hereby is, barred from participating in an offering of a penny stock, including acting as a promoter, finder, consultant, agent, or other person who engages in activities with a broker, dealer, or issuer for purposes of the issuance or trading in any penny stock; or inducing or attempting to induce the purchase or sale of any penny stock. https://www.sec.gov/litigation/admin/34-45070.htm



ation/admin/34-45070.htm
He was also barred by FINRA in 1998
https://www.finra.org/sites/default/files/DisciplinaryAction/p007552.pdf

I notice their company "BLUlife" has appeared in many Vakser ticker disclosures. I seems he installed his wife (Vivian) to act in his place to circumvent his being barred.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=118456396

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=117438014

Here's a PR from last year. Apparently Joe Blumenthal (aka Reddit user JMBlumenthal) is B.S.ing about building a giant solar powered crypto mining operation in Nevada. https://www.reddit.com/user/JMBlumenthal/comments/nvi8ca/blumenthals_blulife_mountain_energy/

On 5/26/21 he apparently set up an IHub account under a fictitious username and began posting on the AURI board about himself, his wife and their Blulife Mountain Energy scheme. His last post was 4 days later asking how to delete all his posts. https://investorshub.advfn.com/boards/profile.aspx?user=799647

Here's ole Joe bragging about his big art collection. How come I think he's neck deep in Eddies "art/ NFT/ DraCo token scheme?
https://about.me/Joseph_Blumenthal

Here's Vivian
https://about.me/vivianblumenthal

Their "zero lot line" home/headquarters is 10 miles from the $522 per night Ritz Carlton "Boca (Raton) Beach Club."
https://opencorporates.com/companies/us_fl/P10000031429