CompuSonics Video Corp.(fka CPVD)

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scion

02/17/16 8:37 PM

Post #1,619

Re: #1,618: @Renee - CPVD revoked:

Michigan Man Agrees to Settle Market Manipulation Case

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 23470 / February 17, 2016

Securities and Exchange Commission v. Randy A. Hamdan and Oracle Consultants, LLC, Civil Action No. 2:13-cv-15006-NGE-MKM, United States District Court for the Eastern District of Michigan

Michigan Man Agrees to Settle Market Manipulation Case

The United States Securities and Exchange Commission announced that, on February 17, 2016, Judge Nancy G. Edmunds of the U.S. District Court for the Eastern District of Michigan entered final judgments, on the consents of defendants Randy A. Hamdan and Oracle Consultants, LLC, which permanently enjoin them from violating the antifraud provisions of the federal securities laws and order them to jointly and severally pay $185,181 in disgorgement with prejudgment interest and civil penalties. These final judgments fully resolve the enforcement action before Judge Edmunds.

The Complaint, filed in December 2013, alleged that Hamdan, who lives in the Dearborn, Michigan area, carried out the pump-and-dump scheme by engaging in manipulative trading through his company, Oracle, conducting a fraudulent marketing campaign, and, by impersonating a representative of CompuSonics, causing a news service to issue a false press release on behalf of CompuSonics. The Complaint alleged that in order to conduct the scheme, Hamdan employed numerous tactics to hide his true identity.

Without admitting or denying the allegations of the Complaint, Hamdan and Oracle consented to final judgments which: (a) permanently enjoin them from violating Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities and Exchange Act of 1934, and Rule 10b-5 thereunder; (b) orders them to jointly and severally pay disgorgement of $29,216 with prejudgment interest of $5,965; and (c) to pay a $150,000 civil penalty.

For further information see Litigation Release 22892 (December 18, 2013).

http://www.sec.gov/litigation/litreleases/2016/lr23470.htm

Renee

03/11/14 9:46 AM

Post #1,618

Re: #1,615: @Renee - CPVD: SEC Admin Law Judge Initial Decision to revoke:

CPVD revoked:

http://www.sec.gov/litigation/admin/2014/34-71679.pdf

Sheep

01/29/14 4:49 PM

Post #1,617

Re: #1,616: @Value_Investor - Yes. Did you call the CEO and let

No man I've given up on this one. I'm holding shares, but if it does not relist i will write it off for a loss in a few years....

Value_Investor Free

01/29/14 4:45 PM

Post #1,616

Re: #1,613: @Sheep - but the problem is that now it is

Yes. Did you call the CEO and let him file with the SEC? Anyway I tried to buy 200K shares at 0.0005 and no any fill at all! 0.0004 is the lowest price since April of 2013.

Renee

01/27/14 4:44 PM

Post #1,615

Re: #1,614: @sidedraft - Here is another important issue facing CompuSonics:

CPVD: SEC Admin Law Judge Initial Decision to revoke:

http://www.sec.gov/alj/aljdec/2014/id554ce.pdf

sidedraft

01/10/14 1:52 PM

Post #1,614

Re: #1,613: @Sheep - but the problem is that now it is

Here is another important issue facing CompuSonics:

It is ORDERED that on or before January 22, 2014, CompuSonics shall SHOW CAUSE why this proceeding should not be determined against it. See 17 C.F.R. §§ 201.155(a)(2), .220(f).
If CompuSonics fails to respond to this Order, it will be deemed in default, the proceeding will be determined against it, and the registrations of its securities will be revoked. See 17 C.F.R. §
201.155(a)(2).

http://www.sec.gov/alj/aljorders/2014/ap-1159.pdf

Sheep

01/08/14 1:59 PM

Post #1,613

Re: #1,612: @Value_Investor - It is tradable since yesterday! 0.0001 x 0.0018 now.

but the problem is that now it is on the Grey Market. The company needs to file its numbers to get back on the OTC...

Value_Investor Free

01/08/14 1:27 PM

Post #1,612

Re: #1,611: @Tim - Last trade on 18 Dec? No bid

It is tradable since yesterday! 0.0001 x 0.0018 now.

Tim

01/08/14 1:16 PM

Post #1,611

Re: #1,609: @Value_Investor - Back to trading now! Will the company file

Last trade on 18 Dec? No bid or ask - where did you see trading again? Tim

Sheep

01/08/14 12:54 PM

Post #1,610

Re: #1,609: @Value_Investor - Back to trading now! Will the company file

I don't know, but if I remember correctly if the company does not file, I think the SEC will move this off of OTC. We need the company to file.

Value_Investor Free

01/08/14 12:37 PM

Post #1,609

Re: #1,608: @Sheep - Well today is the 6th. We will have

Back to trading now! Will the company file the requires financial reports to up-list the stock to the OTCLI or OTCNI tier? Any contact with the CEO most recently?

Sheep

01/06/14 3:26 PM

Post #1,608

Well today is the 6th. We will have to see if they post fins after market close today.

INFINITI

12/24/13 11:54 AM

Post #1,607

So what's going to happen is this a tax right off or what

Renee

12/20/13 8:31 PM

Post #1,606

Re: #1,605: @Sheep - I was worried this day may come. I

It appears the SEC has a big set of vice grips on CPVD so the company will likely be forced to 'man up', as you say.

Sheep

12/20/13 8:28 PM

Post #1,605

Re: #1,604: @Renee - CPVD SEC Suspension:

I was worried this day may come. I hope the company mans up here.

Renee

12/20/13 9:33 AM

Post #1,604

Re: #1,603: @scion - SEC Charges Detroit Area Man and His Company

CPVD SEC Suspension:

http://www.sec.gov/litigation/suspensions/2013/34-71150.pdf

Order:

http://www.sec.gov/litigation/suspensions/2013/34-71150-o.pdf

Admin Proceeding:

http://www.sec.gov/litigation/admin/2013/34-71151.pdf

scion

12/18/13 7:49 PM

Post #1,603

SEC Charges Detroit Area Man and His Company with Conducting a Pump and Dump Scheme

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 22892 / December 18, 2013

Securities and Exchange Commission v. Randy A. Hamdan and Oracle Consultants, LLC, Civil Action No. 2:13-cv-15006-NGE-MKM, United States District Court for the Eastern District of Michigan

SEC Charges Detroit Area Man and His Company with Conducting a Pump and Dump Scheme

On December 10, 2013, the Securities and Exchange Commission charged Randy A. Hamdan and a related entity, Oracle Consultants LLC, with carrying out a pump-and-dump scheme in the securities of CompuSonics Video Corporation. Through his trading entity, Hamdan generated illicit proceeds of approximately $30,000.

According to the Commission's Complaint filed in U.S. District Court for the Eastern District of Michigan, Hamdan, who lives in the Dearborn, Michigan area, carried out the pump-and-dump scheme by engaging in manipulative trading, conducting a fraudulent marketing campaign, and, by pretending to be a representative of CompuSonics, causing a news service to issue a false press release on behalf of CompuSonics. Through the phony press release and fraudulent marketing campaign, Hamdan disseminated false claims that CompuSonics had "reached an out-of-court settlement" regarding the company's patent portfolio and the phony press release added the claim that CompuSonics was "considering many options to bring back shareholder value," including a cash dividend and a stock buy-back program. The Complaint alleges that in order to conduct the scheme, Hamdan employed numerous tactics to hide his true identity, including a proxy internet server, an anonymous email service, fictitious contact information, and a prepaid cellphone.

The Complaint alleges that Hamdan and Oracle violated of Section 17(a) of the Securities Act and Section 10(b) of the Exchange Act and Rule 10b-5 thereunder. As to both Hamdan and Oracle, the Commission is seeking permanent injunctions, disgorgement of ill-gotten gains plus prejudgment interest, penalties, and a penny stock bar.

The Commission acknowledges the assistance of the British Columbia Securities Commission and the Office of Fraud Detection and Market Intelligence of the Financial Industry Regulatory Authority ("FINRA") for its assistance in this investigation.

SEC Complaint
http://www.sec.gov/litigation/complaints/2013/comp22892.pdf

http://www.sec.gov/litigation/litreleases/2013/lr22892.htm

Value_Investor Free

11/26/13 2:52 PM

Post #1,602

Re: #1,601: @Sheep - I understand your frustration, but on the other

Did you ever call the CEO recently? He should issue a press to update all the shareholders if he cares about the stock! A stupid CEO?

Sheep

11/22/13 12:26 PM

Post #1,601

Re: #1,600: @Value_Investor - The CEO seems very stupid by not issuing

I understand your frustration, but on the other hand this stock is really just a shell that holds some patents. I would almost rather this just sit here quietly vs. a CEO trying to pump a stock. His only motivation for pumping would be to sell shares.

I agree it would be good to get some sort of update. I would be happy with an update like:" We have these patents, we think they are worth $xxxx and we are in the process of looking for a buyer." That would be a great PR.

Value_Investor Free

11/22/13 12:16 PM

Post #1,600

Re: #1,598: @Sheep - one of these days i am going to

The CEO seems very stupid by not issuing any news or updating while keeping to file the same 8-K with the SEC twice a year! A simple press will push the price to the much higher price levels to enhance the shareholder's confidence...

Value_Investor Free

11/19/13 12:56 PM

Post #1,599

Re: #1,598: @Sheep - one of these days i am going to

Totally 779,442 shares dumped at 0.0004 so far since the recent high 0.0018!

Sheep

11/19/13 11:06 AM

Post #1,598

Re: #1,597: @Value_Investor - Who dumped 211,000 shares at the bottom price

one of these days i am going to start bid sitting again. It could be just investors thinking about taxes and unloading for write-offs.

Value_Investor Free

11/19/13 10:59 AM

Post #1,597

Re: #1,585: @Sheep - a little action this morning, bid ask getting tighter

Who dumped 211,000 shares at the bottom price 0.0004 today? Why?

Value_Investor Free

11/15/13 11:43 AM

Post #1,596

Re: #1,585: @Sheep - a little action this morning, bid ask getting tighter

Up 60% so far! 800K-0.0005 x 210K-0.0007 now.

Value_Investor Free

11/12/13 2:37 PM

Post #1,595

Down 16.67% now! It seems the MM's manipulation after 100K-0.0006...

Value_Investor Free

11/12/13 12:39 PM

Post #1,594

Re: #1,585: @Sheep - a little action this morning, bid ask getting tighter

300K-0.0005 x 100K-0.0008 now. Both the bid and ask are up now!

Value_Investor Free

11/11/13 3:13 PM

Post #1,593

Re: #1,585: @Sheep - a little action this morning, bid ask getting tighter

0.0004 x 0.0006 now.

Value_Investor Free

11/09/13 1:54 PM

Post #1,592

Re: #1,591: @Value_Investor - Why those cheap 0.0004 ~ 0.0006 buyers didn't

Typo: it should be "buy", not "but"! By the way only 100K shares ask at 0.0007 which is over 61% below the next ask 0.0018 from the Level2!

Value_Investor Free

11/05/13 1:50 PM

Post #1,591

Re: #1,585: @Sheep - a little action this morning, bid ask getting tighter

Why those cheap 0.0004 ~ 0.0006 buyers didn't but 100K shares 0.0007 to push the asking price back to 0.0018?

Value_Investor Free

11/04/13 1:13 PM

Post #1,590

Re: #1,585: @Sheep - a little action this morning, bid ask getting tighter

10K-0.0006 x 100K-0.0007 now. The next bid/ask is 0.0003/0.0018!

Value_Investor Free

11/03/13 2:22 PM

Post #1,589

Quick question for all: does anyone know the current float count? TIA!

Value_Investor Free

10/30/13 10:25 AM

Post #1,588

Re: #1,585: @Sheep - a little action this morning, bid ask getting tighter

Yes. 10K-0.0006 x 100K-0.0007 now. The next ask is 0.0018!

Value_Investor Free

10/29/13 3:23 PM

Post #1,587

Re: #1,585: @Sheep - a little action this morning, bid ask getting tighter

0.0007 x 0.0008 now. The next ask is 0.0018! Super thin asks...

Value_Investor Free

10/29/13 10:37 AM

Post #1,586

Re: #1,585: @Sheep - a little action this morning, bid ask getting tighter

Yes. Up 50% so far! 400K-0.0006 x 100K-0.0008 now. Then 310K-0.0018 ask!

Sheep

10/29/13 10:21 AM

Post #1,585

a little action this morning, bid ask getting tighter

Value_Investor Free

10/21/13 2:17 PM

Post #1,584

Re: #1,578: @Sheep - I would sure like to hear something from

If the CEO is smart he should update us with the current business status and company objective! It seems nobody wants the cheap 0.001s now!

Value_Investor Free

10/18/13 10:30 AM

Post #1,583

Re: #1,578: @Sheep - I would sure like to hear something from

880K-0.0004 x 610K-0.001 now.

Value_Investor Free

10/16/13 11:13 AM

Post #1,582

0.0004 x 0.001 now. The ask has dropped from 0.0014!

Value_Investor Free

10/12/13 2:09 PM

Post #1,581

Re: #1,580: @waterchaser - Is this dog dead?

Total 568340 shares dumped at 0.0004 so far since the run to 0.0018!
Indeed it was actively traded with the decent volumes most recently!

waterchaser Free

10/11/13 1:06 PM

Post #1,580

Is this dog dead?

Value_Investor Free

10/11/13 12:59 PM

Post #1,579

Re: #1,578: @Sheep - I would sure like to hear something from

Me too. 0.88M-0.0004 x 1.2M-0.0014 now. Huge spread between the bid and ask!

Sheep

10/07/13 11:44 AM

Post #1,578

Re: #1,577: @Value_Investor - 1.21M-0.0004 x 1.2M-0.0014 now. We should see more

I would sure like to hear something from the company. It has been a long time.

Value_Investor Free

10/07/13 11:36 AM

Post #1,577

Re: #1,562: @Sheep - I saw that and went out to see

1.21M-0.0004 x 1.2M-0.0014 now. We should see more sales at 0.0004s!

Value_Investor Free

10/03/13 10:50 AM

Post #1,576

Re: #1,573: @waterchaser - Zero volume again for this dog.

389,000 shares dumped at 0.0004 so far! Heading onto 0.0003 again?

Value_Investor Free

10/01/13 12:31 PM

Post #1,575

Re: #1,573: @waterchaser - Zero volume again for this dog.

The ask raised to 0.0015 now! Buy at the ask ASAP before too late...

Value_Investor Free

09/30/13 5:40 PM

Post #1,574

Re: #1,573: @waterchaser - Zero volume again for this dog.

No volume is due to the big spread, not anything wrong with the stock!

waterchaser Free

09/30/13 4:57 PM

Post #1,573

Zero volume again for this dog.

Value_Investor Free

09/30/13 3:46 PM

Post #1,572

Re: #1,571: @waterchaser - Nobody is buying nuthin here. Why?

Nobody is selling anything here. Why?

waterchaser Free

09/30/13 3:03 PM

Post #1,571

Nobody is buying nuthin here. Why?

Value_Investor Free

09/23/13 12:21 PM

Post #1,570

Re: #1,566: @waterchaser - A smart investor wishing to cut his/her losses?

Buy the very cheap shares (200K only) at the 0.0013 ask ASAP before it exploded to 0.054 again...

Older

CompuSonics Video Corp.(fka CPVD)

Followers	28	Posters	194
Posts (Today)	0	Posts (Total)	1619
Created	12/01/06	Type	Free
Moderators

ADDRESS:
32751 Middlebelt Road
Suite B
Farmington Hills, MI 48334

Ph1: (248) 851-5651
Ph2: (801) 364-1007
Fax: (248) 851-9080
Web: www.cpvd.com
CONTACT:
Thomas W. Itin , CB/CEO/CFO/PR/TR
public@cpvd.com INVESTOR RELATIONS:

This company handles its IR "IN-HOUSE"

IR CONTACT PERSON:
Thomas W. Itin
Ph: (248) 851-5651
Em: public@cpvd.com

TRANSFER AGENT:
Computershare Investor Services
350 Indiana Street
Suite 800
Golden, CO 80401
Ph1: (303) 262-0701
Ph2:
Fax: (303) 262-0700
Web: www.computershare.com
ID Number: 19871633223
Name: COMPUSONICS VIDEO CORPORATION

Registered Agent: MARY M MAIKOETTER
Registered Agent Street Address: 950 Seventeenth Street, Suite 1700, Denver, CO 80202, United States
Registered Agent Mailing Address: PO Box 460935, Denver, CO 80246-0935, United States

Status: Good Standing
Form: Corporation
Jurisdiction: Colorado
Formation Date: 08/14/1985
Term of Duration: Perpetual
Annual Report Month: August

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