I will attempt to provide clarification regarding MEXP and it's history, my additions are marked with asterisks.
1. NO IMMINENT PLANS TO REVERSE SPLIT - This is the problem with the nope list, not having proper understanding of what is going on, and this is part of why some refuse to post links, but of course I will do it. ih.advfn.com/p.php?pid=nmona&article=54346733 This was said a year ago!!! LOL Talk about truth stretching....
*If I'm not mistaken, MEXP issued a 1:1000 reverse split, no? In fact several posters here warned of the reverse split, while others denied it. Seasoned traders know that once a pink sheet CEO says they have no plans for a reverse split - begin to prepare for a reverse split. Bottom line: MEXP filed for that reverse split, but not just any old ordinary reverse. Instead of the 1:500 he enacted last time, this time Goldy reversed shareholders at a 1:1000 ratio. As an example, those with 30,000,000 MEXP shares, now have 30,000 In-Ovation shares. Hardly a shareholder friendly reverse split.
2. PRINCIPALS WITH PRINCIPLES - Nope This does not even make sense, (kind of like this link-less list!)
*It's simple & self explanatory, kimber. Not difficult to understand at all if you understand revocation of a security registration. Not only did Goldberg not file on his last pink sheet disaster, Trackbets Int'l, their license was revoked for the irresponsible act of NOT filing for a lengthy period of time (similar to the current state of MEXP 's non-filing). Shareholders LOST ALL overnight. In addition, Goldberg was suspended pursuant to NASD Rule 9554 for failure to comply with a Settlement Agreement that HE HAD AGREED TO. Need we even go into Scaglione's principles? ARRESTED IN AN FBI STING FOR MONEY LAUNDERING OF PENNY STOCK FRAUD. Enough said.
3. MEXP ATTORNEY & OPINION LETTER ISSUER HAS CLEAN RECORD - Nope MEXP attourney is Michael A Littman, Not Scags. LOL
*This is rather elementary as it was provided with every annual report they USED to submit. Show me one Opinion letter issued by anyone other than Michael Scaglione, kimber. If you need links to the numerous opinion letters MICHAEL SCAGLIONE SIGNED, you just let me know.
4. TIMELY FILING OF FINANCIAL REPORTS - Nope This one is actually true! :)
5. 319,999,000% INCREASE IN REVENUE - Nope There is no denying the 3.2 million dollar order for AWS, and there is no denying the MASSIVE increase in value of AWS under MEXP, in just 5 months the company went from being valued $300,000 to over 2.3 million dollars!!! Awesome, all under the control of MEXP!
*Incorrect again, kimber. There is no proof of any such "increase in value" other than Ullman says so. lol. There is NO, ZERO, ZIP MEXP revenue detailed in any MEXP otcmarkets report.
6. EX-DIVERS CASE IS IN "SMALL CLAIMS" COURT - Nope In fact this case has failed once already, and hence the reason the case abandoned their old lawyer. How many years has this been going on, and still no results? LOL It will soon be a cold case! :)
* Now we're talking opinions, kimber. It's your opinion it may soon be a cold case, no? In case you missed it, the Nope list says specifically "EX-DIVERS CASE IS IN SMALL CLAIMS COURT". FACT is, this case was NEVER in small claims court as you claimed.
7. EX-DIVERS LAWSUIT DROPPED - Nope They changed lawyers, because the first one couldnt get it done.
* Did you read raider's legal docs? It was clearly laid out; to suggest it was dropped and will soon be a cold case, is an insult to the ex-divers who worked hard for their money and instead got stiffed. Fact is the EX-DIVERS LAWSUIT has NOT been dropped.
8. DECLARATION BY JAN. 1 THAT MEXP IS A SCAM - Nope I did declare this as a scam, but my opinion changed as I discovered the truth, MEXP is not lying like some make up.
*This one is as easy as pie :)..Please detail all the MEXP PR's which have been finalized.
9. PERSONALLY INVITED TO BE AN OFFICIAL GSA VENDOR - Nope GSA is in a equal opportunity organization, everyone is invited to attend, not to mention I posted a link showing the GSA invites everyone to be a online vendor! LOL very plausible that someone invited them to get on the GSA list, remember Thomspon Little was uploading AWS to GSA schedule.
* GSA does not officially invite any one to become an official vendor, nor was AWS or MEXP ever an official vendor. Call the GSA for verification. I have and I've posted it here. The exact wording was "we have been officially invited to join the GSA (General Services Administration) as an official Vendor". When questioned about this, Goldberg replied that we were "looking in the wrong place". LOL!
10. OFFICIAL GSA MEMBER - Nope They ended up not being, but T&L was uploading AWS to GSA Schedule.
*MEXP NOR AWS was EVER an official vendor.
11. ADDED REVENUE - AWS saw tremendous revenue while under MEXP, but in the end MEXP only ended up with 6% control, as explained earlier on forum. (Read my history of posts for information.)
*Revenue is defined as income of a substantial nature. MEXP HAS NONE. Therefore for MEXP to even state "added" income is ridiculous. They HAD none, they still HAVE NONE.
12. MEXP BOATS SAILING - Nope (Boat has sailed before and there is only one boat )
* I guess you had better inform both Goldberg AND Scaglione since they both PUBLICLY stated MEXP had BOATS. Specifically Goldberg said We are moments away from sending our BOATS out again to start recovery." "We are re-crewing the BOATS as we speak" is attributed to Scaglione. Have you listened to the interviews? You do realize Goldberg made these statements in February 2012? Were you aware the boats that were "moments" from sailing, never actually sailed? Do some dd to get Goldberg's & Scaglione's actual statements.
13. CYBERNETICA SHARES - Nope Still is in MEXP Quarterlies
*To quote you, "How many years has this been going on, and still no results? LOL It will soon be a cold case! :) " FACT is the CYBERNETICA LOI has been around for years, MEXP has NEVER completed that letter of intent, making the CYBERNETICA shares a big NOPE.
14. VILLA ISABEL - Nope MEXP stated in Quarterlies that this ended up not being a financial decision for company so they scratched it.
*Speaking of things dragging on, how long did that promo drag on, kimber, before they were forced to say it failed? And where did they put that one- liner regarding the FAILED LOI? There was no updated PR to match the hoopla surrounding the announcement and several paid promos of the Villa Isabel LOI. Just one pathetic sentence hidden on page 9 of a 13 page otcmarkets report.
15. PUTT PUTT COURSE - Nope There was no putt putt golf course, another made up on this list.
*Last I heard, There was NO REGULATION GOLF COURSE at Villa Isabel, kimber. A standard range of length that most players seek out when looking for a place to play is an 18 hole course, par of 70 - 72, and a length of from 6200 - 6600 yards from the middle tees. Villa Isabel met none of those. Their course would be suitable for perhaps a retirement village or a putt-putt course. Of course, the MEXP LOI failed, so no golf course of any sort, period.
16. ANNOUNCE MATERIAL EVENTS - Nope What do you call the last few PRs? LOL
*LOL! I call those PR's what they are, FLUFF. Hahaha
Material events are also items like notifying shareholders of who are the officers, shen a Director is elected, when a Director departs, If a director departs because of a disagreement with the company, asset movement, acquisition or sale, result of operations and financial condition, Material Financial obligations, material change in services or outlets, Change in accountant, Changes in executive management, Officer leaves, Officer is fired, Officer is hired, Departure or appointment of company officers, changes in share structure, doubling of the preferred shares, dilution, revenue or LACK OF, cash flow, assets, liabilities, SUBMISSION OF OTCMARKETS REPORTS, REVERSE SPLITS. ETC. Get it?
17. CASH FLOW POSITIVE - Nope Financials are still to be out, but it appears that they are not quite cash flow positive, though they have little debt.
* You are aware that in February 2012, Goldberg stated we'd be cash flow positive within 60-90 days? It's been over 600 days since he made that little faux pas, kimber. lol
* Also, over a million in CONVERTIBLE debt with NO RATE OF CONVERSION is not considered "little debt". You might also wish to take a look at what they consider "assets" because the Hispaniola was "For sale at public auction because of executive seizure"
18. BURT WEBBER A PARTNER - Nope (Because he couldnt find treasure like he was supposed to!)
*Let's put it this way, Goldberg tried taking credit for what Burt Webber accomplished. Goldberg's specific statement regarding Webber, "One of our famous ships that we had worked on was the Conception, with one of our former captains who has now retired, and that was the biggest find in 1979 in the Caribbean waters." LOL, notice how Goldberg took credit for something he had NOTHING to do with? Scaglione tried playing off the famous Webber name as well when he stated MEXP had partnered with the famous icon, Burt Webber. Did I mention this was during the Villa Isabel pump? It appears Webber had NO problem finding treasure. In fact his only problem was forming an association with MEXP.
Wow, that just took a few minutes dd, plus I'll be happy to address any misconceptions regarding the remainder of the Nope list as well!
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