Leinwand was CEO of GLOBETEL COMMUNICATIONS CORP [GTEL later aka GTEM] which prompted SEC to threaten civil action against the Company for possible violations of the securities laws including violations of the Securities Act of 1933 and 1934 and seeking as relief a permanent injunction, civil penalties, and disgorgement with prejudgment interest. The staff is also considering recommending that the SEC authorize and institute proceedings to revoke the registration of Company’s securities. GTEL and GTEM no longer exist. Leinwand published this PR http://www.marketwired.com/press-release/globetel-communications-corp-changes-name-to-sanswire-corp-903768.htm
The MOTLEY FOOL calls JONATHAN LEINWAND "...a guy with a long history in seedy penny stocks..." Leinwand runs MASTIFF, LLC. He's also PRPM's legal counsel and has a long history of involvement with Eddie Vakser and his various other "seedy penny stocks."
IMO Vakser (who is STILL in control of PRPM) has conspired with his longtime crony Leinwand in this fluff PR in the hopes of lending a vague illusion of legitimacy to this steaming POS.
IMO legal weed may one day be the law of the land. And a few legit, transparent, well run, "real world" companies will likely become successes. However, anything that involves Eddie Vakser and his mafia will never amount to more than a short term opportunity for flippers. Check his record. Name one success. They simply do not exist!