Is this the same Amanda that authored the false stock brochure? So DDAmanda alerted you to a shell company being bought by a CEO of a very unprofitable tape business. In fact his losses were almost triple his revenues. Why would any DD system alert you to this? Oh I get it, she was telling you to short the stock, but you misread it and bought the stock, then realized you couldn't get out so you switched teams and decided to pump it?
Someone please help me here. I clearly remember him saying he redid the corporate website because john was asking shareholders to help in anyway they can so he claimed to have redone their website for them. I found about 100 posts where he tells everyone how great the site is, but I can't search on here so I can't find where he claimed to have redone the site. Can someone find and post it please? It may be on another site, but I'm pretty sure he made the statement here. He also make the statement that someone that worked for JBII gave him the responsibility for the jbi global blog site when it was pointed out that having an employee run it might not be legal.
Quote: -------------------------------------------------------------------------------- Anyone find out why the CEO would say what prompted the restatements? You would think if there is no fraud and just a minor "mistake", the CEO would have informed his loyal shareholders --------------------------------------------------------------------------------
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Not true the company said financials can't be relied upon due to "questions" concerning the media credits and two aquisitions. They falied to inform the shareholders "WHO" has these questions? Who inititiated this action to have to restate the financials? Based on the wording in the SEC filings where they hired withum, withum hadn't seen the financials yet so it can't be them. The 8k said withum "WILL" review the financials, not withum "IS" or "HAS BEEN REVIEWING".
And yes it is securities fraud when a person knowingly authors and distrbutes clearly false information intended to inflate the shareprice of a company stock. ie the false stock brochure posted on the lighhouse something.com site,distributed to many lawyers and doctors offices, and posted on many internet sites. ILLEGAL.
Nothing wrong with a CEO giving out material information if it's in an 8k or press release, facebook on the otherhand, yes i'd be all over that.
Yes, they are posted on here just search for it. The link was posted about 10 times in the last week. Pretty sure you have seen it because i thought i saw you reply to one of the messages that had the link posted in it.