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Jepape

06/08/23 8:23 PM

#20150 RE: price_and_volume #20149

Yeah, I get that as an OTC norm. But it seems the long timers here have knowledge of this rinse and repeat cycle that tends to happen around conversions/preferred issuance? Beats me. My gut says Jim does not have the news that we want, but if he does and isn’t sharing it, it’s probably because the boys with the money are trying to time it for their gain.
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beer$$money

06/09/23 9:29 AM

#20154 RE: price_and_volume #20149

$GSTC speaking of Funding Groups some major developments that may alter the "Immediate profits of x% is easy money." SEC Charges Massachusetts-Based Firm and Its Co-Owners with Acting as Unregistered Securities Dealers

Securities and Exchange Commission v. Auctus Fund Management, LLC, Louis Posner, and Alfred Sollami, No. 1:23-cv-11233-AK (D. Mass. filed June 1, 2023)
Litigation Release No. 25741 / June 1, 2023

https://www.sec.gov/litigation/litreleases/2023/lr25741.htm

The complaint: From at least 2013 through 2021, defendant Auctus Fund Management, LLC
(“Auctus”) and Auctus’s principals Louis Posner (“Posner”), and Alfred Sollami (“Sollami”)
(collectively, “Defendants”) engaged in the business of acquiring shares of stock, predominantly
from penny stock companies, and then selling those shares to investors on the public securities
markets. In this manner, Defendants sold billions of shares to investors and generated tens of
millions in profits. In so doing, the Defendants illegally acted as unregistered securities dealers.

https://www.sec.gov/litigation/complaints/2023/comp25741.pdf