uber darthium
17 hours ago
We both know that story is not factual. It’s sad that the naked short myth persists. I would have thought lessons were learned in PMPG. One might want to reflect just how many fellow traders find themselves stuck now in .000001 Expert Market scams, with nowhere to go, suffering total losses believing in these false stories of naked short positions that has no basis in fact. Many people get hurt believing those false stories. Hopium will not get one out of a stuck position., not ever.
The following relates to the myth of any short position in IFUS, especially given that Walther has gone non-stop dilution on this stock. 13,033,000 Shares in last 5 weeks
Here is some factual DD brought to another board by KAM
*****Note. IHub quotes doesn’t seem to be working at this moment so I am placing quotation at beginning and at the end. All credit to KAM and I have placed his work in BOLD and copied and pasted his work. I did not author this though I wish I did.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174305304
“>>NO RETAIL SHORTING EVER<<...EDUCATE YOURSELVES..SUCH THINGS ARE ACTUALLY "KNOWABLE"
The reasons why shorting penny garbage makes ZERO sense is explained by a legendary expert early in this podcast.
https://claytrader.com/podcast/episode121/
This the second part of a two part interview, so before listening to this one, be sure to listen to episode 120. In Part 1 our guest, Janice Shell, sat us down for a story about one of the biggest penny stock scams in the past couple decades. It was truly a fascinating story that would make a great Hollywood movie; however, in this episode we move into more practical areas of the penny stock market. Janice and I talk about penny stock shorting, dumb excuses, and some tips that any newer trader who wants to get involved in penny stocks should understand and implement. If you are interested in trading penny stocks, then I’m not exaggerating when I say this is an interview you NEED to listen to. Buckle up for some very practical advice!
Listen to Part 1 of this podcast: https://claytrader.com/podcast/episode120/
Notes:
Janice discusses the unfortunate myth in the penny stock world that the market makers are the evil people who short and kill penny stocks when in reality, a market maker is generally a computer that makes money on the spread of the trades.
Quotes:
Market makers make money on the spread. On penny stocks, the spread is huge. People are conditioned to believe MM’s are evil.
Investing is not a team sport. Do not get involved with teams.
Penny stocks are not investment quality.”
And now about that recent dilution, over 13 million shares…
From poster TBBowie
“ Did you see that Walther's increased the OS by 13,033,000 shares since March 7th??
Outstanding Shares 549,022,576 03/07/2024
Restricted 251,474,507 03/07/2024
Unrestricted 297,548,069 03/07/2024
==
Outstanding Shares
550,522,576
03/14/2024
Restricted
252,974,507
03/14/2024
Unrestricted
297,548,069
03/14/2024
==
Outstanding Shares
560,522,576
04/01/2024
Restricted
262,974,507
04/01/2024
Unrestricted
297,548,069
04/01/2024
===
Outstanding Shares
562,022,576
04/16/2024
Restricted
262,974,507
04/16/2024
Unrestricted
299,048,069
04/16/2024”
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174305623
tdbowieknife
17 hours ago
Did you see that Walther's increased the OS by 13,033,000 shares since March 7th??
Outstanding Shares 549,022,576 03/07/2024
Restricted 251,474,507 03/07/2024
Unrestricted 297,548,069 03/07/2024
==
Outstanding Shares
550,522,576
03/14/2024
Restricted
252,974,507
03/14/2024
Unrestricted
297,548,069
03/14/2024
==
Outstanding Shares
560,522,576
04/01/2024
Restricted
262,974,507
04/01/2024
Unrestricted
297,548,069
04/01/2024
===
Outstanding Shares
562,022,576
04/16/2024
Restricted
262,974,507
04/16/2024
Unrestricted
299,048,069
04/16/2024
.
.
Buyer Beware
Pump and Dump
..
jimr1717
18 hours ago
🏆️ How did $102.000 in inventory disappear with no record? The last report filed shows that existing inventory fell from $120,000 of feed stock to $18,000 in a year ... even though there were only $20,000 of sales in the entire year. So, $102,000 of inventory disappeared with no explanation. If this were a genuine company there would be either a detailed explanation or a thorough investigation in which heads would roll.
There are only three possibilities. A) The inventory was given out freely to ranchers/farmers to use so that IFUS could claim it was shipping product, B) The inventory never actually existed, C) The inventory was sold but Walther stuffed his pocket with the proceeds and did not report them as required. This fits right in with Walther's well known and long term propensity of defrauding shareholders and embezzlement.
OPEN YOUR EYES!! IFUS is a naked con job with longtime con artists at its head.
jimr1717
20 hours ago
🏆️ IFUS DD Updated >>, Marc Walther was found liable in a securities fraud lawsuit...
Complaint:
https://drive.google.com/file/d/1Wpk0lRCJaTOI3dmR_BeSNw6eWtnTt71s/view
Judgement: $397,744.50
https://drive.google.com/file/d/1nZjmmsmCwJlFwm9TR6NvokHH1H3K01uK/view?usp=sharing
And Marc Wallther has been the sole person putting together the disclosure statements. No accountant, no auditor.
Worthless...
That lawsuit was also never publicly disclosed. There is a HUGE gap in the disclosure statements between 2011 and 2018. With statements between 2019 and 2021 extremely lacking.
Marc Walther doesn't pay his bills or judgments either.
--
Another one for fraud... Vito V. Florio vs Marc Walther. This one quite detailed and a doozie...
https://drive.google.com/file/d/1_sjflJICDGkVpJ2wUU7UUSrCplnGo4zF/view?usp=sharing
--
I'll just set this right here...
HYGN and Shareholders Prevail as Judge Imposes Injunction Against Fired CEO Marc Walther
March 20, 2009 14:18 ET
| Source: HydroGenetics, Inc.
MIAMI, March 20, 2009 (GLOBE NEWSWIRE) -- Hydrogenetics, Inc., (Pink Sheets:HGYN) announced today that a Florida State Court Judge in Miami, Florida on March 9th granted an emergency injunction against fired CEO Marc Walther, enjoining him from acting on behalf of the company as an officer and director or making representations to this effect. In the order, the judge ruled that Walther likely would cause irreparable harm to the Company if the injunction was not entered. Walther was fired for cause from both Hydrogenetics, Inc. and Xynergy Holdings, Inc., but refused to step down from the Companies.
The Company is still pursuing damages in Miami-Dade County Florida Circuit Court Against fired CEO Walther for Breach of Fiduciary Duty and intends to seek damages and other relief based on the claim that he fraudulently and improperly issued a massive number of Preferred Shares to himself and a personal friend, Rhonda Windsor, after he was terminated by a majority of the shareholders for cause. The Company deems the preferred shares that were issued by Walther in an attempt to gain control of the Company to be void for the failure of Walter to comply with applicable law. The Company is exploring additional claims related to his acting wrongfully as CEO after being fired.
https://www.globenewswire.com/en/news-release/2009/03/20/394417/11087/en/HYGN-and-Shareholders-Prevail-as-Judge-Imposes-Injunction-Against-Fired-CEO-Marc-Walther.html
https://www.otcmarkets.com/otcapi/company/financial-report/27597/content
.
On January 15, 2009, after notifying Walther of his removal for cause, the company, filed with the Secretary of State of Nevada showing the removal of Walther and his replacement, Ronny Halperin.
On January 16, 2009 the company discovered that Walther, purporting to act as a director, created Series B Convertible Preferred Stock, 250,000 to one voting rights and without shareholders approval, issued it to himself and Rhonda Windsor, his personal friend 45,000,000 shares each as reflected in filings filed with the State of Nevada, one day after he was removed. The filing also changed the address of the corporation. The company has not moved
On January 26, 2009 the Company filed a lawsuit in the Circuit Court of the 11th Judicial Circuit, in Miami-Dade County against the former CEO and director Marc Walther. In part, the court has been requested to uphold the rights of the majority shareholders to vote Walther out of office and to require Walther to return all corporate documents and records that Walther improperly and illegally removed from the corporate office. Further the court is being asked for speedy determination as the removal of these documents which are necessary for the corporation to conduct its business.
https://www.sec.gov/Archives/edgar/data/920749/000110801709000025/xynergy8k.htm
Shows Marc Walthers character. A liar, a thief, a con, and a fraud. And, it shows he's been doing it for a while.
jimr1717
22 hours ago
🏆️ IFUS can't sell the shit here in the US. What makes them think they will buy it in India?? Walthers is jumping the gun here. They haven't even tried the shit yet and Walthers is making all these grand statements.
So, this is the "doctor". LMAO!... "Trey" is the same guy that's been helping Walthers pump this scam for years! ... New addition?? Lol!
Scam...
This is nothing but a pump PR to sell more stock.
There is a Schmidt mention 14 times in the last Q. Robert his wife, son, brother and whoever These Schmidt's are in on this. They have been issued millions and millions of shares at a discount. Nothing has changed.
https://www.otcmarkets.com/otcapi/company/financial-report/392194/content
A Schmidt was the likely recipient of the several recent increases in the OS of 13 million shares in the last 5 weeks!!.
There have been 13,000,000 shares issued since March 14th. 1,500,000 of them unrestricted.
Another 10,000,000 million was issued in the weeks before that.
Outstanding Shares
549,022,576
03/07/2024
Restricted
251,474,507
03/07/2024
Unrestricted
297,548,069
03/07/2024
==
Outstanding Shares
550,522,576
03/14/2024
Restricted
252,974,507
03/14/2024
Unrestricted
297,548,069
03/14/2024
==
Outstanding Shares
560,522,576
04/01/2024
Restricted
262,974,507
04/01/2024
Unrestricted
297,548,069
04/01/2024
===
Outstanding Shares
562,022,576
04/16/2024
Restricted
262,974,507
04/16/2024
Unrestricted
299,048,069
04/16/2024
pantherj
1 day ago
We need more info about that shipment from India. If the shipment used the Suez Canal, it is closer to New York than it would be to Los Angeles. But, fewer and fewer ships are willing to try the Suez canal route because of the obvious dangers. If the ship used caution and sailed around Cape Horn, it is, roughly, 1500 miles further than it would be to L.A.