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The fraud Anshu is never gone He owns 51%.
In fact every single PR comes out , has his fingerprints all over it.
Read the filings. New company? Why can't they show us any real product?
The old scamming Was becoming useless Their finding a new way to defraud investors.
Do you get it. Anshu is gone, they want to erase any trace of his existence. We are basically a startup company at this point. Which I’m fine with. New team new name
Real plan. Stop brining up old news, unless I guess that’s all you know how to do which it appears to be the case.
Didnt Anshu change the name of Verus at one point?
why is chart so bullish just flagging and no volume selling. not in but looks nice
another nonsense BS PR LMFAO..
Changing name won't make any difference. Show us the product. Where is the fund ?you have no money According to the filings. How are the notes being paid?
https://finance.yahoo.com/news/mphase-technologies-rebrand-pebble-170800599.html.
And on top of that, Delinquent SEC Reporting.
https://www.otcmarkets.com/stock/XDSL/overview.
Who said anything about anyone dumping?? My reference was about trading below the bid which can ONLY be done by MMs. And cut the comments about what you think I do or don't know.
Um...NO. When shares are sold below the bid, it's MM manipulation. Can be nothing else.
No manipulation It's a notes Rolling SCAM the market knows it.
They are desperately trying to keep it up with using paint job tactics it will collapse back to triple zero followed by a colossal R/S.
Show me the product. just fantasies Like the other company they were running.
Just disappeared. http://www.verusfoods.com/
The MM manipulation of this stock have been pure BS!!! So tired of seeing it drop below the bid!!!! I watched it today where the bid was .0265 and the ask was .028...and it drops to .025! And I've seen that several times over the past couple weeks. What a crock!!
This is the same MO that Anshu used. Hire experienced people in the industry and posting fake mergers, buyouts etc. Lets see the money, not BS posts.
Complete nonsense and total BS. Salary plus huge option by milking shareholders as usual.
Potential in their product? What product? Prove it. You need to carefully read the filings and remove the rose colored glasses so you can clearly see and understand it facts are all there.https://www.sec.gov/ix?doc=/Archives/edgar/data/825322/000149315222017200/form10-q.htm.
Dilution is the real business here. Everybody makes money except shareholders.
Really? Not enough volume to P&D. Who are you kidding. This is 5 hires of quality people in the last 2 months now. Logically, would you risk your reputation to go to work for a company with a checkered past if you did not see some huge potential in their products? You know it cannot be for a huge salary as they do not have tons of money. I suspect they got a small salary plus options. I also suspect they either feel the product will have enough of an advantage over competitors to make a successful business or build it and sell it off to one of the bigger competitors. Otherwise, none of this makes sense unless you think that all five of these guys a made up or washed-up druggies that needed any job to pay child support. Logically, I hope you see my point!
mPhase Names Machine Learning Expert Charles Martin to Advisory Board
9:00 am ET September 26, 2022 (Globe Newswire) Print
GlobeNewswireSeptember 26, 2022
Rockville, MD, Sept. 26, 2022 (GLOBE NEWSWIRE) -- mPhase Technologies, Inc. (OTC Pink: XDSL) ("mPhase" or the "Company"), a leading consumer engagement company developing a suite of mPower mobility services that increase revenue for retailers, is pleased to announce AI and Machine Learning expert Charles Martin as a member of the Company's newly formed mPower Advisory Board. The board will consist of independent advisors with specific skills and contacts in areas of importance for the ongoing development of the mPower suite of mobility services.
Charles Martin is considered a leading figure across multiple technology disciplines, with an established track record in machine learning, deep learning, data science, and AI software development, complemented by extensive domain experience in Natural Language Processing (NLP) for Search Relevance (as well as Text Generation and Quantitative Finance). Highly sought after in the software development field, he has personally developed and implemented machine learning (ML) systems at companies including Roche, France Telecom, GoDaddy, Aardvark (Google), eBay, eHow, Walmart, Barclays/BGI, and Blackrock. Much of his recent project work has been done under his advisory firm, Calculation Consulting, which he founded in 2010 to provide data science, machine learning, and deep learning solutions. He has also served as both a consultant and FTE distinguished engineer at GLG, a prestigious international consulting firm, where he developed AI methods for the search and recommendations platform.
In addition to ongoing project and consulting work, Charles also provides scientific consulting to the Page family office at the Anthropocene Institute, advising on areas of nuclear and quantum technologies with an eye toward climate change. In academic circles, he is also involved in scientific research in collaboration with UC Berkeley on the foundations of AI.
"Charles' background is really a resume on the development of many of the elements we take for granted in our daily use of computing devices," explained mPhase CEO Richard Thorpe. "Over nearly two decades, he has put together an impressive track record of success at a high level, particularly at tech start-ups that were later acquired by companies such as Google and Microsoft. His diverse skill set is formidable, ranging from being a subject matter expert (SME) in machine learning at eBay to developing online learning algorithms for computational advertising for Swoop. His recent research on new energy solutions to combat climate change aligns him directly with our corporate focus on sustainability, giving us an added layer of expertise as we develop our long-range strategy. We've carved out a role for Charles as a key consultant in the development of a robust set of future technologies and services, which we believe can give us first-mover advantage in certain segments of the mobility services landscape."
"During my working career, I have been lucky enough to be at the right time and place to participate in software projects that transformed and even created entire industries," explained Charles Martin. "It is easy to see that same kind of transformation coming to personal mobility as individuals adopt new travel habits outside the home. Businesses, consumers, CPG companies - essentially any entity that derives some revenue from the current gasoline-centric environment will be facing generational change as fueling and travel shift to an EV model. There is a clear opportunity here to be an early leader in this evolution. I am excited to work with mPhase to create a feature-rich set of mobility services that can serve this emerging EV-centric economy."
On another useless BS Pr trying to keep the price up.
Nothing of any substance but pump and dump.
Must be ANSHU BHATNAGAR's toxic notes holders friends dumping.
This is just the beginning. I feel sorry for those who has fallen for this notes selling SCAM Without looking into historical chart.
PUMP & DUMP These recommendations are based on false, misleading, & greatly exaggerated statements.
2400 shares paint job must be ANSHU BHATNAGAR sitting at the platform.
Now that the promo pump is dead desperately trying FOOL innocent investors that won't work sellers 117,709 buyers 25,784. Sellers outpaced buyers.
It will be a rude awakening for some
https://ih.advfn.com/stock-market/USOTC/mphase-technologies-pk-XDSL/trades
Shares selling SCAM..
This will end up badly for newbies who ignore the facts.
In the other company, he also told investors in the filing that there was a private investor invested millions in his other scam but that all turn out to be just pure BS.
Cool. So your sticking around to be a thorn or what is your purpose here. Since you seem not to accept any positives surrounding the company. I’m curious
In fact, it's exactly the same patterns anyone cares to compare Historical facts, Is right there. It just takes a Little of time And clear thinking.
https://www.sec.gov/edgar/browse/?CIK=1430523&owner=exclude
https://www.sec.gov/edgar/browse/?CIK=825322&owner=exclude
I'm not going to bother arguing with you. This is NOT that company. The patterns are NOT the same, the share structure is NOT the same, dilution is/has NOT been the same, the lack of revenue is NOT the same.
They can try to put whatever Rosie picture They can cream of but the actual ugly details are in the filings. Note rolling scam.
https://www.sec.gov/edgar/browse/?CIK=825322&owner=exclude.
And the reason I keep referring to the other SCAM vrus, because they;r using the same exact tactics in their filings. Anyone care to compare, can easily see the fact.
Interesting quote from the new COO, Tom Fore per the PR that came out yesterday:
“My skill set matches some of our pending needs as we look to accelerate the development of the mPower network. The unacceptably slow pace of execution was a major factor behind the board’s decision to implement a full leadership change at mPhase, but that came with a recognition that we needed to maintain some continuity to ensure progress in our existing projects,” said COO Tom Fore.
Remember he owns 50% of OS. he has more control over the company then anyone else.
Bhatnagar Tendering his resignation as a member of the Board Just another total BS.
We saw these games for many years playing on the investors with vrus..
Boom there we go
Here is something filed with sec. A famous 8k that you claim they never file
On July 28, 2022, in connection with the termination of his employment, Mr. Bhatnagar tendered his resignation as a member of the Board and the Board accepted such resignation.
You are actually incorrect he is not on the board
Wrong again. He is on the board of director he owns 50% of OS shares he is not going anywhere He controls everything.
Please stop posting complete nonsense BS.
You may be right, but he's no longer there so get over it. If you own, it and don't like it sell. It is a penny stock. It is risky. So, we are adults and make our own decisions.
You are confused. Mixing different issues. Once again you need to learn how to read between the lines in the filings. It's pointless responding to you.
These scammers Have zero transparency.
who is this one supplier that accounts for 100% of their revenue? So investors can verify. There are many questionable lines in their filings. If the SEC Start to investigate to discover and examine the facts, I am sure most of them would be behind bars particularly ANSHU BHATNAGAR .
So, you want us to believe they are lying on their tax forms even though they are subject to jail time and they just are making up these 3 new hires out of the blue because some how they cannot be checked out? Wow, you really have issues with this company. How much did you lose? You seem very bitter.
They can put up a bogus PR but they can't lie to SEC.
All of the BS paint job can be The exposed in their filings.
That's total BS. You don't seem to understand reading between the lines.
That's exactly my point It's a note rolling scam any money that comes in will be pocketed.
They can't even pay the interest on these notes look at the discounts they're being given conversion price equal to 75% of the lowest. And where did you come up with the $36,000? we had $32,724 of cash on-hand.
AV charging hype is a scam publicity promotion.
All this new management change is meant to pump up the stock for noteholders because they're under pressure.
1.1 mil buys 2000 sells. BABY MONSTER HERE BOYS $$$ UP UP AND AWAY
Well, for a very short time, that huge block was gone but....it's back. Oh well.
Edit: LOL...and now it was just taken out. Ok, last edit. Moving fast!
Why do you keep referencing a 10-Q that gave the status at the end of March?? 6 months ago!!! Yes, they had only 36K in cash ending 3/2022. And since that time, they've received over $1.2 million from additional note agreements. This also does not include cash they may have received from AR during this 6- month time frame.
Is it a lot? No. Is it enough to get rolling on the execution phase? Yes. Will there be more note agreements? Most likely. And as part of DD, folks should be paying attention to the maturity dates and the company status as of those maturity dates.
But in the scheme of things, there hasn't really been a flood of note agreements that are prevalent in a scam shell. IMO, they've kept it under control (minus the default from the timely filing of the 10-Q which they've since remedied). And as I've mentioned already, they've created new note agreements to prevent conversion.
It is high risk and high reward. It has been scam company for a long time under the last two CEO's. More of a paper selling company, but at least this last guy had revenue coming in. So, now 3 new hires with good track records in two hot spaces AI and EV chargers. With the new tax credits for EV chargers starting in 1\2023, especially for minority markets these guys are in the right space and time. They have great potential.
Here's a link to the PR that came out yesterday after hours:
https://www.globenewswire.com/en/news-release/2022/09/14/2516414/0/en/mPhase-Appoints-Industry-Veteran-Richard-Thorpe-as-CEO.html
Finally time to silence all the negative people perhaps now people will believe what is happening OR WILL THEY ?
Lets wait and here what negative comments follow this now
mPhase's new CEO: Richard Thorpe
Another with an EXCELLENT track record.
https://uk.linkedin.com/in/richard-thorpe-38a12a27
A nice little noteworthy tidbit:
"Won the “ CEO to watch for 2019/2020” by the Telegraph and Lloyds Banking Group, voted by Business leaders by the Telegraph and Lloyds Banking Group.
71.6. Million shares added to OS since June 2022.cash on-hand $32,724 .
conversion price equal to 75% of the lowest .
You don't seems to comprehend .
EV product Just another scam.
Everything rides on the back of innocent shareholders.
Read the findings all the facts are there..
https://www.sec.gov/ix?doc=/Archives/edgar/data/825322/000149315222017200/form10-q.htm
Sure, you can if you can pay the fees. I think it is stupid, but someone did it. You can rant and rave scam all you want while we are up 50% and, on a run, this last week. Fact is they are putting together a team with proven experience to market their EV product. That is unless you think these people would come onboard when the company has no product, or they really don't exist either. You just watch as the rest of us make money. No problem.
Retails Can't short penny stock Due to $2.50 per share margin requirements.
This will end badly for those Whom don't understand how this cam is fooling newbies.
OK, you just short and continue to watch as we make money on this one. I'm up how are you doing?
Read the filings you will understand The cost of the revenue is 85%.
This is more like accounting tricks. they have no product. They are using the same tricks That they used with VRUS .Which proves is the same crew Defrauding innocent investors.
They will not even be able to pay the interest on the notes.
Your wasting your breathe with him. Lol
Wait till the chargers hit the ground they will tuck their tail
They have revenue so they have to have products or a service to sell. You don't go hire and build a team in the EV sector without a product to market. While I agree the past this company was a scam and said so numerous times over 20 years. This time they are hiring top people, and the bad apples are out. The stock is up 50% in the past week so I'm not complaining. If I find things are the same as before I'll be out in a flash, but I'm willing to see what happens. You really need to do your homework on the new bill that helps minorities with large tax credits in the EV space. This has huge potential.
Show me the money. This is a pump technique used by Anshu at vrus.
LMAO.. You are ignoring the facts. Show me one single product.
This is just another dream world nothing will ever materialize but innocent investors will be defrauded.
Read the filings it's an note rolling scam ..At March 31, 2022, we had $32,724 of cash on-hand.
The Company has generated a net loss of $822,537 and has used cash in operating activities of $1,712,322 for the nine months ended March 31, 2022. At March 31, 2022, the Company had a working capital surplus of $11,396,572, and an accumulated deficit OF $226,883,946.
It's a note rolling scam.conversion price equal to 75% of the lowest
https://www.sec.gov/ix?doc=/Archives/edgar/data/825322/000149315222017200/form10-q.htm
So, they just hired a guy with experience in the EV sector with two companies to be the COO and head the team he will select. He liked the product and service enough to see the potential above what the rivals had. Does this hold no credence? Also, looking at the financials you cited most all the notes have warrants, but the stock must get to .20. So, you think anyone has incentive to get us to .20? You have already missed a 40% gain. Are you going to whine when it hits .20 or tell everyone how stupid they are?
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Email: info@mPhaseTech.com
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Tel: 973-256-3737
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