surfkast
4 hours ago
Watch and learn.
NJ deli scam. (Authorities who busted it have tons of info on this one)
SEC Charges Father-Son Duo and Associate in Market Manipulation Schemes Resulting in a New Jersey Deli with a $100 Million Valuation
For Immediate Release
2022-172
Washington D.C., Sept. 26, 2022 —
The Securities and Exchange Commission today charged Peter L. Coker Sr., Peter L. Coker Jr., and James T. Patten for their roles in orchestrating fraudulent manipulative securities trading schemes. These schemes included artificially inflating the share price of Hometown International, which operated a New Jersey deli producing less than $40,000 in annual revenue, from approximately $1 per share in October 2019 to nearly $14 per share by April 2021, leading to a grossly inflated market capitalization of $100 million.
In a parallel action, the U.S. Attorney’s Office for the District of New Jersey announced criminal charges against Patten, Coker Sr., and Coker Jr.
The SEC’s investigation, which is ongoing, is being conducted by Cecilia B. Connor of the Philadelphia Regional Office with assistance from Leigh Barrett from the Office of Investigative and Market Analytics. It is being supervised by Assunta Vivolo and Mr. Thompson. The SEC’s litigation will be handled by John V. Donnelly and supervised by Gregory R. Bockin. The SEC appreciates the assistance of the Federal Bureau of Investigation, the U.S. Attorney’s Office for the District of New Jersey, and the Financial Industry Regulatory Authority.
Bangi Inc.Case is SEC’s First Involving
Regulation Crowdfunding
DOCUMENTATION OF THE CASES
SEC Charges Crowdfunding Portal, Issuer, and
Related Individuals for Fraudulent Offerings
Case is SEC’s First Involving Regulation Crowdfunding
FOR IMMEDIATE RELEASE
2021-182
Washington D.C., Sept. 20, 2021 —
The Securities and Exchange Commission today charged three individuals and one issuer with conducting a fraudulent scheme to sell nearly $2 million of unregistered securities through two crowdfunding offerings. The SEC also charged the registered funding portal and its CEO, who placed the offerings on the portal’s platform.
And in case you missed it, NHMD went dark for a reason.
Expert Market
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https://www.otcmarkets.com/stock/NHMD/overview
Kool Aid Man
14 hours ago
Why this turd won’t float despite “great news” Let's begin--
Total shares authorized: 5,000,000,000 as of date: 09/30/21
Total shares outstanding: 4,990,100,458 as of date: 09/30/21
Three months later---
Total shares authorized: 5,500,000,000 as of date: 12/31/21
Total shares outstanding: 5,375,710,503 as of date: 12/31/21
That's 376 million shares created out of thin air and 385.6 million issued...to whom...for what?
Date: June 3, 2021(not reported in Q2 or Q1 because?)
Type: New Issuance: 385,610,054
Class: Common
Value of shares issued ($/per share) at Issuance: $38,500 (0.00001 per share!!!
Were the shares issued at a discount to market price at the time of issuance?: Yes
Individual/entity shares were issued to: Errol Stone (Strickland's longtime partner)
Reason for issuance: Preferred conversion
Restricted or Unrestricted as of this filing: Restricted
Exemption or Registration Type: Exempt
(Strickland owned/owns the remaining 2/3rds (67%) of the preferred shares) https://www.otcmarkets.com/otcapi/company/financial-report/326333/content THEN----
On 7/5/2024 --for the first time ever-- we learn that the Goulding infested Epidemiologic Solutions Corp "charity" had been funneling six figure "donations" into this trip-zero POS. " $714,463 and $71,116 in June 30, 2024 and December 31, 2023, respectively" while claiming "ESC has no relationship to the Company and exists as a benefactor for the Company through the ownership of stock via common shares purchased from third parties."
On December 26th, convicted fraudster/ ex-con/ SEC barred/ OTC "prohibited provider" Randall S. Goulding --NOT Chairmain/ CEO Strickland-- filed documents installing John K Park as the new owner of this turd. On December 31st a $71k "donation" is made to SPZI. On February 16th "Randy" Goulding was soliciting donations to ESC on Facebook in honor of his birthday (*gag*). On or about Feb 25th (40 weeks ago) he wrote "Actually, since last year, at this time, more than $500,000 was donated, but none through Facebook. Hopefully, many lives will be saved in the long run as result."
https://www.facebook.com/randy.goulding.7
RECAP
#1. Erroll Stone converted his 1/3rd of Preferred shares into 385,610,054 common x .00001 ($38,000) thereby compelling an increase in the A/S of 500 million.
#2. IF Strickland did the same his would be double that of Stone (771,220,108 common x .0001 ($77,112)
#3. Total Preferred potentially converted by those two = 1,156,830,162 common.
#4. Park increased the A/S another 300 million to 5.8 billion and maxed it out. That's an increase of 800 million since Q3 2021
#5. SPZI admits to receiving a total of $785,579 in these ESC ''donations'' in Q4 2023 and YTD in 2024.
Say what you will --and despite all the protestations to the contrary--IMO Strickland and Stone could have easily and privately sold a mountain of .00001 shares to the Goulding connected ESC for .0001 and pocketed a cool 900% (or 1,900% at .0002 etc)!!
I think it’s unlikely Stone held on to his for over 2 years. I’m betting he offloaded his 385.6 million shares at .0001 or .0002 after the restriction expired (June 3, 2022). IF TRUE….Strickland would likely still have his to cash in. Yet it's important to carefully read the disclaimers --(ESC's) capital contributions were to assist the Company with operating capital. There were no amounts paid to any Officers or Directors of the Company. ESC has no relationship to the Company and exists as a benefactor for the Company >>through the ownership of stock via common shares purchased from third parties
Kool Aid Man
17 hours ago
Wow...Kerogen's website sez he's also partner with OZTURK GROUP --the Turkish kitty litter company that supposedly ''committed $330 million to Kerogen II."
\
and-- CIG INTERNATIONAL....
This was the EB-5 foreign investment-for-US-visas scam that Pastor Park announced he had acquired on 1/19/24.
SPZI: JP 3E Holdings, Inc. Secures US Department of Homeland Security EB-5 Program and Procures the Acquisition of CIG International 01/19/2024
https://www.otcmarkets.com/stock/SPZI/news/SPZI-JP-3E-Holdings-Inc-Secures-US-Department-of-Homeland-Security-EB-5-Program-and-Procures-the-Acquisition-of-CIG-Inte?id=427835 Among the other bullshit claims he made in that PR was this: "Currently, CIG is working on the Agriculture Technology Campus (“ATC”), a rural Infrastructure project eligible for EB-5 priority processing." CIG reported this and other insanely grandiose projects on their website--
https://cigunited.com/?page_id=6269&ckattempt=1
However, a report in the local news stated Park and his EB-5 scheme was sent packing "months earlier"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174287017
Then on the last page of his Q1 he wrote "On May 10, 2024, JP 3E Holdings Inc terminated the agreement to acquire CIG due to non-performance." (yeah...Park acquired THEM but THEY were (CIG) failed to perform).
Mr Smith 34
17 hours ago
Park is skilled at walking things back.
CLEARWATER, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI), receives $18,000,000 from the city of Kokomo, IN and the state of Indiana to fund the Harmony Villas Project. Rocky H. Singh, as a newly added Director, will manage the Harmony Villas Project and will be adding an additional $5,000,000 by investment into JP 3E Holding Inc. for the project.
One month later
Material Event 2
With respect to the previously announced Harmony Village Project (the Project) on
February 28, 2024 in the city of Kokomo, IN, all parties related have agreed to a
restructure of the previously executed and announced contract. The current agreement
provides for JP 3E Holdings, Inc. an option to own 100% of Faris Center, LLC upon
stabilization. Any immediate funding anticipated to have been received , shall be
administered through Faris Center, LLC, managed by Rocky H. Singh, being its
principal. Such funding will occur upon Project completion based upon current
assessments. The project is undergoing construction permitting and scheduled to start
construction in 2nd quarter 2024
Coincidently, the State of Indiana and the City of Kokomo both say there was no "previously executed and announced contract" with JP3E, SPZI, John Park or any related entities for the Harmony Village project.
Kool Aid Man
18 hours ago
"JP3E has no interest in the ($330 million) transaction (between Kerogen II and) Oztürk Holding, LLC"--yet he pump posted it globally nonetheless. Here's his original steaming pile of horseshite published two days earlier after he was forced to walk back with his (*cough cough*) "clarification" exactly one month ago today.
SPZI: JP3E Enters $330,000,000 Commitment with Öztürk Holding, LLC and Kerogen Resources, LLC via Kerogen Resources II, LLC to Develop Unconventional Shale Assets https://www.globenewswire.com/news-release/2024/10/31/2972785/0/en/SPZI-JP3E-Enters-330-000-000-Commitment-with-%C3%96zt%C3%BCrk-Holding-LLC-and-Kerogen-Resources-LLC-via-Kerogen-Resources-II-LLC-to-Develop-Unconventional-Shale-Assets.html
AGAIN...Park says JP3E "executed a legally binding Memorandum of Understanding (“MOU") with Kerogen Resources, LLC to form Kerogen Resources II, LLC as a subsidiary, majority owned by JP3E. Then he spews, "Öztürk Holding, LLC" made a "$330,000,000 cash commitment" to the SUBSIDIARY HIS COMPANY CLAIMS A ''MAJORITY OWNERSHIP'' IN!!
Worse still.. Ozturk turned out to be a notorious scammer and this 1/3rd of a BILLION was supposedly earmarked to drill in the "Smart Park Development in Clearfield, Pennsylvania" ---the apparently defunct "green energy vision" of ex-coal baron C. Alan Walker. Previous DD on dat-- https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175324416
surfkast
21 hours ago
SPZI: JP3E Issues PR Clarification
Press Release | 11/02/2024
NEW YORK, Nov. 02, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (“JP3E”), formerly known as Spooz, Inc. (OTC: SPZI), is clarifying the press release issued on October 31, 2024. JP3E has no interest in the transaction with Öztürk Holding, LLC. JP3E is involved with executing EB-5 funding for Kerogen II only.
https://www.otcmarkets.com/stock/SPZI/news/SPZI-JP3E-Issues-PR-Clarification?id=457769
Mr Smith 34
3 days ago
Nate Steck, PPE Solutions Group, LLC , Renavotio, Inc, Kyle Barnette ,Paul D. Strickland, Jr, R & R Goulding, Epidemiologic Solutions Corporation, Mark Thompson, Öztürk Holding, LLC
John Park is either the unluckiest man on the planet at choosing business partners or he has an uncanny knack of finding some very unsavory associates.
(Oh....and the taxes are still unpaid, although, I'm sure there is a really good reason) /S
surfkast
3 days ago
Sadly, the authorities usually take their sweet time before they react. I know many agencies have gotten great info on this scam.
I am surprised that the same ones who shut down the NJ deli scam Hometown International have not acted yet. Hopefully soon.
(On another note, BNGI was shut down within two years. )
In a parallel action, the U.S. Attorney’s Office for the District of New Jersey announced criminal charges against Patten, Coker Sr., and Coker Jr.
The SEC’s investigation, which is ongoing, is being conducted by Cecilia B. Connor of the Philadelphia Regional Office with assistance from Leigh Barrett from the Office of Investigative and Market Analytics. It is being supervised by Assunta Vivolo and Mr. Thompson. The SEC’s litigation will be handled by John V. Donnelly and supervised by Gregory R. Bockin. The SEC appreciates the assistance of the Federal Bureau of Investigation, the U.S. Attorney’s Office for the District of New Jersey, and the Financial Industry Regulatory Authority.
https://www.sec.gov/newsroom/press-releases/2022-172
Kool Aid Man
3 days ago
Save yer gas for your patients. So you finally admit you got duped by a penny huckster. Well that's a start. So Park screwed you at Nate's then you hung around another 3 months and pumped Nate till he rear ended you again? So how do you feel now about all those assurances you gave to all the other dopes you duped into hanging on till it was too late? I imagine you could care less.
I've rarely, if ever, advise anyone to buy or sell anything which makes you the liar. My interest is in holding lying, stinky, scamming management's feet to the fire and challenge them to prove their promises are legit. I don't blindly swallow their hogwash and regurgitate it as fact to others. I don't hype a stock in order to enrich myself at the direct expense of others. Those are the ones your god may judge though you apparently don't see yourself as in his crosshairs...bro.
There are far too many legit companies that make a positive difference in the world to invest in. Stop hyping risky scams that are dependent on a ''greater fool'' to make them rise. They always end in disaster for the vast majority.
Mark that
''First, do no harm''--Hippocraties. It doesn't just apply to medicine. Either abide by it or renounce the oath
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