Yolo
2 days ago
If this evidence, that was submitted to the NVSC, isn't proof that Calasse committed fraud, then I don't know what is.
It is evidence, but hasn't been verified. If someone else could issue press releases in Calasse's name, then he wouldn't be guilty of anything.
Even if he was the one writing and issuing the press release, if he did it based on a good faith belief that what he was saying was true, then it wouldn't be fraud. Basically, if he was fed wrong information by the fraudsters, he isn't complicit even though he's the one that issued the press release.
Funny how you and i-Glow mention the Caledonian case only when it suits you and when the SEC in the Calendonia case mentions Calasse's fraud in detail, you say it has nothing to do with Calasse and even try to convince everyone that the fraudulent press releases that Calasse wrote and published were actually done by someone else.
Again, our point is that despite this multi year investigation into the pump and dumps, with detailed allegations and evidence showing who profited from the scam, the SEC chose to charge Mulholland and his associates and didn't charge Calasse or any of the other CEOs involved.
The fact is, Calasse didn't sell a single share. If he was complicit in the fraud, why would he keep them and not profit himself?! Look at how quickly Sharp sold his common shares...
At the end of the day, I don't care what you think. I've shared what I think is compelling evidence, but even then I don't think it matters. The NVSC will be ruling based on the jurisdictional defects, they likely won't even consider whether Calasse did or did not commit fraud. It simply isn't relevant at the moment, because either a) Sharp didn't have proper jurisdiction to cancel the shares, or b) Calasse doesn't have standing to appeal.
Whichever way they rule, the allegations you keep copying and pasting are completely irrelevant.
Hi_Lo
2 days ago
Kindly look up the SEC v. Caledonian complaint you have quoted from excessively. Who is one of the five listed defendants?
Funny how you and i-Glow mention the Caledonian case only when it suits you and when the SEC in the Calendonia case mentions Calasse's fraud in detail, you say it has nothing to do with Calasse and even try to convince everyone that the fraudulent press releases that Calasse wrote and published were actually done by someone else.
You both are pathetic lying hypocrites.
Here's what the SEC said in the Caledonia Bank case concerning Calasse.
If this evidence, that was submitted to the NVSC, isn't proof that Calasse committed fraud, then I don't know what is.
https://www.sec.gov/litigation/complaints/2017/comp23921.pdf
57. On March 5, 2013 i.e., two months after the initial transfer of Goff stock to
Caledonian, Clear Water and Legacy Global- Goff filed a Report on Form 8-K announcing a
change-of-control transaction in which an individual by the name of Warwick Calasse bought all of the stock owned by officers o·Flynn and Corkery for $25,000. O'Flynn and Corkery resigned, and Calasse was appointed in their stead. Calasse was supposedly qualified to be sole officer and director of Goff because, among other things, "[f]rom 2006 to 2010, Mr. Calasse held vairous training and management positions with horse farms and stables in the United Kingdom and Zimbabwe." Goff's corporate headquarters moved from Cork, Ireland to Medellin, Colombia. During the tenure of O'Flynn and Corkery, Goff's filings with the Commission did not evidence any activity, operations or transactions in the job placement ( or any other) business.
58. The next week, on March 12, 2013, Goff filed a Reporimt on Form 8-K announcing a
significant change in business: the company's newly created Nevada shell corporation, Golden Glory Resources Inc. ("Golden Glory Nevada") had entered into an Assignment Agreement with Golden Glory Resources S.A., a Panamanian corporation ("Golden Glory Panama"), by which Golden Glory Nevada "acquired an option to purchase a 100% interest in and to a certain Columbian mining concession known as La Frontera (The Frontier) Project, code number LGC-
15011, located in the Aquales region, Cal des Department, Republic of Colombia." The Report Fonn 8-K represented that "we have abandoned our former business plan and entered the business of mineral exploration and are now an exploration stage mining company engaged in the identification, acquisition and exploitation of metals and minerals with a focus on gold and diamond mineralization on La Frontera Property."
59. Beginning three days after its change of business, Goff issued a series of press
releases creating the public impression that it was immediately and actively engaged in gold and diamond exploration in Colombia. For example:
• On March 15, 2013, a Goff press release, entitled "Goff Corp. Subsidiary Golden
Glory Resources Acquires 100 Percent Interest in the La Frontera Gold Project in
Colombia's Hottest Gold Exploration Region," represented that "[a]pproximately two-thirds of Colombian gold production has been from placer deposits in the Department of Antioquia, which is immediacy [sic] adjacent to and straddles about 30% of the leases where Golden Glory's La Frontera Project is located." Goff stated that "this project is seen to be on the order of six times as large as notable prospects with similar gold type and potential."
• On March 18, 2013, Goff issued a press release entitled "Goff Corporation Has
Appointed Experienced Colombian Mining and Explosives Expert Manuel Hernando Serna as a Director of the Board."
• On March 22, 2013, Goff announced that "Golden Glory Resources expects to pursue its exploration program that will employ leading geological consultants and their own geological staff to carry out the program .... This first phase exploration is anticipated within 90 days." On March 25, 2013, Goff represented that Golden Glory Resources "plans to begin a 5,000-rneter diamond drilling program on its La Frontera Gold Project in Department of Caldes, Colombia within 90 days .. ,
• In a press_release on March 26, 2013, Goff's sole officer and director, Calasse,
stated that"he expects gold's current price level will help fuel the company's
efforts to target a bulk tonnage, low-grade type gold and silver project on Golden
Glory's leases, and that the time is right for gold in Columbia." Calasse further
stated that "[w]e will be the first [on the Project] to explore using the full range of
modem gold and silver discovery methods."
• On March 27, 2013, Goff related that "Golden Glory Resources is developing a
comprehensive exploration program for its La Frontera Gold Project in Colombia; Phase One groundwork will provide basis for follow-on planned diamond drilling."
60. Bolstering the Goff press releases was a newsletter posted on April 2, 2013 on a
stock-touting website by the name of Penny Stock Pillager, which stated: "After years of tunnoil, the Colombian government is stepping in to help legitimate mining companies pull gold from their resource-rich soil. By grabbing a plot of land directly in the Colombian gold sector, investors in Goff Corporation could be on the verge of true wealth!" (emphasis original)
61. The representations of Goff and Penny Stock Pillager were never supported by
audited financial statements evidencing true wealth, gold mining interests, or diamond drilling.
On or before March 18, 2013, Goff was required to filed a "super" Report on Form 8-K that included all of the information required in a Report on Form 10. The company did not file such a Report on Fonn 8-K on March 18 or any time thereafter. Goff stopped filing Reports on Forms 10-K and 10-Q at all times after March 18, 2013.
62. There is no trading data available for Goff on March 14, 2013, the day before the
company's March 15 press release announcing its mining interest in "Colombia's hottest gold exploration region." On March 18, the first trading day after the release, Goff stock spiked to a closing price of $0.28 per share on a volume of 263,914,096 shares. On April 5, Goff stock at a high of$0.58 per share on a volume of:22,003,500 shares. By June 4, 2013, Goff stock had fallen to a price of $0.01 per share.
63. Simultaneously with the Goff stock promotion, Caledonian, Clear Water, Legacy
Global and Verdrnont sold the stock into the public markets. Theirs were the first sales of the stock to the public. Caledonian Bank sold 35,000,000 shares of Goff stock for proceeds of $6,860,685; Clear Water sold 25,000,000 shares for proceeds of $4,226,689; Legacy Global sold 21,750,000 shares for proceeds of$3,293,816; and Verdmont sold 14,000,000 shares for of $3,526,354. Verdmont sold for the account of customers and received commissions on the sales. Caledonian Bank and Caledonian Securities have represented through counsel that sold for the account of customers and received commissions on the sales.
64. These sales of 95,750,000 shares of Goff stock generated proceeds of $17,907,546.
In making these distributions, the Defendants violated Section 5 of the Securities Act. There was no registration statement in effect for the Defendants' offers and sales of Goff securities. And 1hr, Defendants used the instruments and means of interstate commerce in offering and selling Goff securities.
61. The representations of Goff and Penny Stock Pillager were never supported by
audited financial statements evidencing true wealth, gold mining interests, or diamond drilling. On or before March 18, 2013, Goff was required to filed a "super" Report on Form 8-K that included all of the information required in a Report on Form 10. The company did not file such a Report on Fonn 8-K on March 18 or any time thereafter. Goff stopped filing Reports on Forms 10-K and 10-Q at all times after March 18, 2013.
62.
...so Calasse not only wrote fraudulent press releases, somehow managed to get "no trading data for Goff on March 14, 2013, the day before the company's March 15 press release" and also abandoned the company directly after the pump and dump. I'm sure the NVSC won't look to kindly on that type of behavior from Calasse.
I-Glow
4 days ago
Sharp did steal the Calasse stock and the SEC caught Sharp and made him return the stock to Calasse - obviously the SEC didn't accuse or indict him for securities fraud.
It was established that Calasse didn't create or generate any press releases.
Why are you so obsessed by a puppet CEO (Calasse) that the Awesome Penny Stocks pumping crew - it is amazing that you still don't understand how APS always used a puppet CEO - the SEC understood that is why they didn't file a complaint against Calasse.
You clueless about what happened - APS gave Calasse stock for being a puppet CEO.
What and read the magic.
"The U.S. Securities and Exchange Commission filed civil fraud charges on Friday against a man they say is behind a pump-and-dump scam involving CYNK Technology [CYNK.PK], a penny stock company that briefly rose to a $6 billion value despite having no revenue.
The SEC said that Phillip Thomas Kueber, 54, filed a false and misleading registration statement for the company, and then enlisted a small group of "straw" shareholders and "sham CEOs" to conceal his control of the company's non-restricted shares.
Penny stock companies are often hijacked by fraudsters who seek to pump up the stock with phony press releases so they can quickly dump it before the price plummets.
CYNK grabbed headlines last year because its value skyrocketed despite having no revenue and being listed as a "development stage" company.
At one point during the stock's rally, shares rose more than 20,000 percent in a matter of weeks, hitting an intraday high of $21.95 on July 10, 2014."
Since mid-June, a mysterious penny stock called CYNK Technology has surged an astonishing 25,000%. On Friday, in response to the meteoric rise in CYNK's share price, the SEC halted trading in the company until July 24.
At the height of this trading frenzy, CYNK was technically worth over $5 billion on paper. However, filings show the company had no revenue or assets. It's also a mystery who is really behind the company.
Business Insider has had several conversations with a Belizean man named Javier Romero whose name and career history match descriptions of one of CYNK's CEOs.
Though Romero eventually admitted there was a "proposed transaction" where he was allegedly supposed to purchase CYNK shares, his conversations with us were highly unusual. They were peppered with contradictory information and denials he knew anything about the company.
CYNK has had a handful of CEOs since it was founded in 2008. One of those executives is a man named "Javier Romero." A filing with OTC Markets, the platform where CYNK is traded, described Romero as "the President, CEO, Secretary, Treasurer, and Director of CYNK Technologies, Inc." and said "since 2009 Mr. Romero has been a Fisheries Officer for the Government of Belize."
As you can see Javier Romero was never charged with securities fraud because the SEC understood that he was a puppet CEO. One of the APS pumping crew a ex-Hells Angel received 12 years in Federal Prison.
I met Phil Kueber in Las Vegas - his programmer was a friend and a world Class hacker.
My friend called and alerted me to CYNK at $0.06 but I was smart enough to not get involved.
I hope you have a better understanding of why the SEC never filed a complaint against Calasse. And why he never created or issued any press releases.
Your continued obsession of Calasse is amusing but borderline a sign of mental illness - you have the facts and you continue to post pinkyland wishful thinking - without any facts.
Your obsession of Calasse has you believing that he is El Cucuy and responsible for all things bad - which is exactly the storyline wants his cult to believe.
IG