Wednesday, February 28, 2018

Richard A. Kelertas Revisited

Going through old poop is a reminder of all manner of wicked K9ery. Mr. Kelertas pizzed us off mightily when he WAS an ANALyst with Dundee Capital Markets and fell over himself like a wicked retard in the pure dopey defense of what turned out to be a major league scamola Sino-Forest Corporation. (TSX: TRE) Boyo eventually got shown the door for that wonderful work and then moved on to ANOTHER lost cause Allana Potash.(AAA.v) That junk turned out slightly better, but rank and file still got a hooping.

Whats Ricky up to these days? A string of job hoping and now he's apparently a salaried dorkus at Resolute Forest Products. Don't give up yer day job Ricky. Pfffft.

Richard A. Kelertas
So everybody has a favourite so called "ANALyst", and we have loved to hate Mr. Richard Kelertas for his vast verbal stupidity during the Tre-X scamola. Its one thing to be a paid conflicted paid apologist for a wicked large scam and quite another to dismiss the allegations as "complete krap". Time has proven what is made of krap.

Tuesday, February 27, 2018

Outrageous Stock Market Scammers

In 1982, when Barry Minkow was just 15 years old, he started a carpet-cleaning company, ZZZZ Best from his parents’ San Fernando Valley garage. He appeared on The Oprah Winfrey Show.

By the time he was 19, Minkow had launched his company on the stock market. And less than a year later, “the company was worth $280 million on the NASDAQ exchange and Minkow had his own Ferrari, BMW and mansion in Woodland Hills.” The problem was that Minkow financed ZZZZ Best illegally, using everything from check-kiting schemes to fraudulent credit card charges and dodgy loans from criminals. He even sank as low as stealing his grandmother’s jewelry.

However, Minkow’s Ponzi scheme was destined for failure, and in 1987 it fell apart. Minkow’s scheme is now an example of accounting fraud. Minkow became a preacher when he got out of prison and he was soon back to his swindling ways. In 2011, members of his church accused him of scams, leading to another FBI investigation.
In 1992, when Dennis Kozlowski became Tyco International’s CEO, Tyco was considered a blue chip and financially sound company. Kozlowski began skimming millions of dollars off the top through $450 million of unapproved stock sales and $170 million of unauthorized loans. The money financed Kozlowki’s opulent lifestyle – including a $30 million apartment with $6,000 shower curtains.

In 2001, Kozlowski threw a $2 million birthday party for his wife, with Tyco picking up half the tab. Time reports that the party was “disguised as a shareholder meeting” and that it “took place on an Italian island and featured an ice sculpture of the Statue of David urinating Stolichnaya vodka.” The infamous party is now referred to as the “Tyco Roman Orgy.”

Details of Kozlowski’s scam started to emerge in early 2002, at which point Tyco’s shares plunged by almost 80 percent in six weeks. In September 2005, Kozlowski and other company executives were sentenced to 25 years in prison. Kozlowski was eventually granted work release after serving only seven years.
Anthony Elgindy worked in cahoots with a corrupt FBI agent named Jeffrey Royer. Elgindy used Royer’s inside information about companies under government investigation in order to short-sell stocks. Meanwhile, he also used his website, Anthonypacific.com, to smear companies suspected of fraud, purportedly to protect investors. He was closely associated with the Bonnano crime family and originated the 'Silicone Investor' website.

According to prosecutors, Elgindy went as far as using the site to blackmail the targets of the negative publicity he was spreading. At the same time, he was also making millions from his website, with subscribers paying as much as $600 a month to view his “expert” stock tips. Elgindy was charged in 2005. After four months in court, he was acquitted of most of the 32 charges he faced but was convicted of inside trading. Elgindy was sentenced to nine years in jail.
In the mid-1980s, Michael Milken, a.k.a. the “Junk Bond King,” was investment banking firm Drexel Burnham Lambert’s star financier. By 1986, he’d helped to make Drexel one of the most profitable firms on Wall Street. But insider trading brought the house down and left Drexel fighting bankruptcy.

In March 1989, Milken was charged with 98 counts of fraud and racketeering. According to The New York Times, his biggest mistake was providing the company of stock trader Ivan Boesky with huge sums of money. Boesky, says the NYT, “was betting on takeovers, many of which Drexel had put together.” In 1986, Boesky had been implicated in a bigger insider trading inquiry and pleaded guilty, and part of his deal with the SEC was to roll over on Milken. With this new information on Milken, the SEC launched an investigation into Drexel. Milken pleaded guilty to six lesser charges out of the 98. He was sentenced to 10 years in prison but was released a mere 22 months later. And although he paid a significant $600 million fine, his total net worth in 2010 was estimated to be around $2 billion.
In 1997, billionaire Sri Lankan-American businessman Raj Rajaratnam co-founded hedge fund management company Galleon Group. In October 2009, he was arrested and charged with leading a team of insider traders. US Attorney Preet Bharara estimates that the scam yielded more than $60 million. According to authorities, between 2006 and 2009, Rajaratnam made his money by trading illegal stocks, with the help of his network of contacts. The stocks themselves included those of companies such as Google, eBay, Hilton Worldwide and Goldman Sachs.

In May 2011, a jury found Rajaratman guilty of 14 counts of conspiracy and securities fraud. And in October the same year, he received a sentence of 11 years in prison. Rajaratman was also ordered to pay a $10 million fine and relinquish $53.8 million in assets. At the time, his was the longest jail term ever imposed for insider trading.
Andrew Fastow served as chief financial officer for disgraced Texas energy giant Enron from 1998 until 2001 – when the company imploded. He “is considered the mastermind behind the financial schemes that doomed the energy company.”

Fastow and other Enron executives wove a tangled web that involved shell companies and fictitious revenue reports designed to make the company’s earnings look far, far greater than they actually were. Enron’s auditor, leading accounting firm Arthur Andersen, also collapsed in the wake of the scandal after following orders from Enron chief auditor David Duncan to destroy thousands of documents. Previously, Arthur Andersen had been ranked as one of the world’s top five accounting firms.
Bernard Ebbers was once hailed as “the Telecom Cowboy” and considered a Wall Street darling for turning small, Mississippi-based long-distance telephone company WorldCom (now MCI Inc.) into what CBS News called “a global telecommunications power, swallowing up companies along the way.”

When the stock price fell in the early 2000s, Ebbers’ shares in the company were marked as collateral for over $400 million in personal loans. WorldCom chief financial officer Scott Sullivan, whom Ebbers claims masterminded the entire scam, pointed his finger at Ebbers. Sullivan testified that Ebbers told him to manipulate the books so as to “hit our numbers.” In 2005, with the help of Sullivan’s testimony, 63-year-old Ebbers was sentenced to 25 years in prison for coordinating the $11 billion fraud that left WorldCom in ruins. It was what CBS has described as “the biggest corporate fraud and bankruptcy in U.S. history.”
Ex-NASDAQ non-executive chairman Bernard Madoff masterminded an elaborate Ponzi scheme that defrauded investors out of an estimated $65 billion. It is considered the largest financial fraud in the history of the United States.

Madoff offered seemingly low-risk, high-return investments that should have set alarm bells ringing: they were too good to be true. And while the abnormally steady returns prompted suspicion and unease among Wall Street advisers, possible investors and competitors, the statements Madoff’s firm released were too complex and unclear to really decipher. In the end, the ostensibly secure returns became massive losses for Madoff’s unsuspecting clients.

In June 2009, 71-year-old Madoff was sentenced to 150 years in prison on 11 counts of fraud, money laundering and theft.

Tuesday, February 20, 2018

Gustav Konstantin von Alvensleben

Born into German nobility, the leisure-loving von Alvensleben arrived in Vancouver in 1904 virtually penniless.

Von Alvensleben eventually set up shop on Granville under the name Alvensleben Finance and General Investment Co. He was a mysterious and flamboyant addition to a then sleepy Vancouver Stock Exchange when he bought one of the first seats on the fledgling exchange. Rumoured to be Kaiser Wilhelm’s man in North America, he turned his European charm into a flood of money from financiers in both Vancouver and Europe. Von Alvensleben’s first promotion was a company drilling for oil in the Athabasca tar sands, and he was soon backing timber, fishing and coal mining companies.

With an impeccable promoter's timing, he made a fortune in Vancouver between 1908 and 1912.
1913 brought a recession to Vancouver, and falling housing prices drove the highly leveraged tycoon overseas to raise more money. World War I broke out during one such trip to Europe, and von Alvensleben’s German connections worked against him. His Canadian properties were seized by the Custodian of Enemy Property.

Von Alvensleben later returned to B.C. to mine a small placer deposit in the north, but his fortune was gone. “We were always a very poor family,” Alvo’s son said of the family’s later years.

Saturday, February 17, 2018

The Revenue Scam - VFX.v - Jason Allen

Back in 2013 we had a textbook Venture example of the 'Revenue Scam' from phat basterd Jason Allen behind Virtutone Networks - VFX.v. VFX held itself out as some VoIP technology or other. Here's some of my spewing when lardarse was reporting MONTHLY so called 'sales' numbers.

"Revenue growth of 1,577% from February 2013 to August 2013"
Our burning, incredulous anus is being subjected to more outrageous Tubberian abuse with the release of quarterly (unaudited) VFX.v numbers. For the 3 months ended July we have a whopper revenue number of $ 8,749,351, butt hold that keggar, the cost of sales was $ 8,486,146 resulting, naturally, in another loss of $ 333,522.

This multi-million dollar monthly money spinner is showing cash of $ 400k with receivables of $ 3.5m, all of which are greater than 30 days past due. Liabilities? An insignificant $ 4.1m, don't you worry that little head.
“We have spent the past several months partnering with a significant number of wholesale carriers across the globe. These carriers not only send us a portion of their traffic, but also provide us with quality routes to resell."

Wowsers Tubby. Which "wholesale carriers" or "marquis (sic) global customers" (spelled marquee retard) are running to sign deals with yer phat arse? (but not pay)
Naturally in order for the "Revenue Scam" to work, whomever is supposably buying all these wonderful services MUST remain a fully anonymous secret or else the entire smoozle falls apart in 23 seconds. To tackle that the scam will NEVER actually NAME the customer(s). They will say its a "trade secret" or would jeopardize their "competitive advantage" or somesuch complete horsechit.

Best example is Tre-X, which used that approach precisely to hide the fact 95% of whatever it "had" was a fraud. Put very simply Virtutone Networks Inc. (VFX.v) appears THAT CLOSE to complete and total insolvency and IF these imaginary sales are occurring there is zero cash changing hands.
_______________________________
How many public companies release their gross sales figures the day after the month? Fuk all that's how many. The "Revenue Scam" involves billing one or more bogus enterprises which will never pay. The reported revenue number is entirely bogus and there is no profit possible in swapping paper assets and liabilities between non-arms' length entities.

And what happened to Mr. Jason Allen and this scam? TubbyTard pulled a midnight move and stakeholders lost every penny. No surprise eh citizens?

Friday, February 16, 2018

Tenorm at Florence

So we have scientific data directly from not only the Florence Copper project, but from other in-situ leach operations in AZ as well.

Critically important not only for the stunning conclusions, but because "base-line" background radiation is known for a certainty at the site.

There is NOTHING comparable to the extremely high concentrations of radiochemicals at the Florence Copper project.



Testing of the quartz monzonite in 1996 returned concentrations of radiochemicals FAR in excess of acceptable standards. (Table 18 page 49) (I cannot find concentrations higher anywhere else)

Sample Gross Alpha Gross Beta Total-U U-234 U-235 U-238 Ra-226 Ra-228 Rn-222
Leach Test
quartz monzonite
8649
3683
4362
1745
598
1611
33.6
<2 810

And the rock solid, take it to the bank, black and white conclusion of the experts at the EPA and ADEQ?

"These data indicate that the PLS produced from the Magma Florence in-situ projects contain very high levels of radionuclides and that they are leachable."


The general conclusion remains ... "The data show that dump leaching operations and solvent extraction-electrowinning procedures, as well as the practice of recycling raffinate at copper mines, may extract and concentrate soluble radioactive materials. The results show increases of up to two orders of magnitude over background levels for all radiochemicals tested except Rn-222."

On other fronts Curis Resources has, of course, gotten the personal information about the poster "ErinG" from Stockhouse. As stated before, the Stockhouse "braintrust" does not oppose these applications.


First Majestic Silver Corp - FR.t - Piss Poor Useless IR

First Majestic Silver Corp - FR.t is focused on silver production in Mexico. The Company owns and operates six producing silver mines; the La Parrilla, San Martin, La Encantada, La Guitarra, Del Toro, and the Santa Elena Mine.

Production in 2016 was 18.7 million eq/Ag, consisting of 11.9 million ounces of silver, 62,436 ounces of gold, 33.2 million pounds of lead and 10.6 million pounds of zinc.

Jill Arias, VP of Marketing & Executive Assistant, Keith Neumeyer - President and CEO, Todd Anthony Investor Relations
Dr. Stoxxman has been 'doing' this public company thing for a while now and there are a couple of things that make me angry. IR departments in large public companies tend to be arrogant and fully unhelpful. Grossly entrenched is always a red flag. It appears Ms. Jill Arias has been doing precisely the same thing (poorly) since 2004. Stakeholders and management of First Majestic Silver Corp - FR.t. are too clear idiots.

Let us explain. At this time of year a new, very simple, two sentence summary is needed to splain what happened in 2017. DESPITE your author providing many free eyeballs, the too busy tards at FR repeatedly refuse to respond to ANY e-mails let alone with any containing this year's fresh propaganda. Screw that. Exclusively silver in violent Mexico is somebody's else's cup of tea to begin with. For stakeholders to be paying (large) for full time retards that very clearly don't ever 'do' anything? Double Pass.

Tuesday, February 13, 2018

Cadillac Kev - Tahoe Resources

Tahoe Resources Inc. - THO.t operates the Escobal project, a high-grade silver discovery located about 70 km southeast of Guatemala City, the La Arena and Shahuindo gold mines in Peru and the Timmins West and Bell Creek gold mines in Canada.

We have followed grande frommage/paper swapping king Kevin McArthur for many moons, and for even many more moons before that we watched Mr. Alex Black build the La Arena mine in Peru into a gem. For a short period Mr. Black attempted to correct the massive structural management problems at Tahoe as the CEO. Realizing how truly whacko the McArthur 'team' is, and how hopeless his efforts, he resigned.

Things have gone straight down the sewer for Tahoe ever since and the latest from these hopeless tards is more commissioning problems with the Shahuindo operation ... problems these wicked horrid types denied with great vigor two weeks ago. With the flagship operation shuttered, these cementheads figure convincing everybody they are champions of locals and the environment is righteous, despite Cadillac Kev's sickening track record that says it all.
"Tahoe Resources Inc. has committed to develop a comprehensive indigenous peoples policy in 2018 that will formalize and further enhance the company's approach to engagement of indigenous people across its operations. This commitment follows Tahoe's announcement last week of its participation in the United Nations Global Compact (UNGC). As a participant in UNGC, Tahoe is undertaking a review of its policies and practices to ensure alignment with the UNGC's 10 principles on human rights, labour, environment and anti-corruption. "
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aTHO-2568470&symbol=THO®ion=C
Tahoe will find new 52 week lows and given what these fully useless fukheads are all about that will likely be repeated in 2018. Mr. Kevin McArthur is NOT a professional clown. Avoiding unclowns is important in securities.
See ----->https://canadastockjournal.blogspot.ca/2015/11/tahoe-resources-inc-thot.html

Thursday, February 8, 2018

John Briner scam partner and fellow 'lawyer' Diane D. Dalmy guilty, again

Colorado securities lawyer Diane Dalmy has pleaded guilty to criminal charges in Connecticut. She was part of multiple pump-and-dump scams that defrauded investors of millions. Her role included laundering $825,000 of the loot. Dalmy admitted that as part of the scheme she wrote fraudulent legal opinion letters that allowed others to receive free trading shares and that she allowed others to move the proceeds of the crime through her lawyer trust account.

The now 63 year old career securities crook faces a possible sentence of up to five years in prison. The judge said her conduct was “egregious” and her limited due-diligence excuse was "absurd". She had claimed a flood at her home destroyed every document. The Securities and Exchange Commission permanently barred Dalmy from securities work years ago.
For Ms. Dalmy, the guilty plea is not her first run-in with securities crime. Not even close. In 2015, she received a $680,000 fine from the U.S. Securities and Exchange Commission for a shell factory scheme that involved Briner. The SEC said that she wrote opinion letters in support of Briner's scam effort at listing 20 purported mining companies.

"I had no knowledge of the disciplinary backgrounds of the individuals I was dealing with. I certainly had no knowledge of the ultimate “pump and dump” scheme alleged to have occurred after my services ended. I believed this to be a viable transaction with a small developmental company holding technology, which would be a participant in an industry representing the backbone of our economy."

Wednesday, February 7, 2018

Fraser Valley Hop Farms.com - Update II

So you have taken the first step and want in on this 100% pure guaranteed hop-a-doodle-doo money spinner. And if ONE hops plant is gonna make you filthy rich you sure as chit need a few thousand of em. Butt (_*_) not so fast there poochus-face. This enterprise doesn't accept just ANY OLD public piece of chit off the street, you gotta agree to mucho fine print to protect the scuzzybag anushole ripping you off stupid, including disclosing anything about the scam to anybody, GASP!

This entire 'agreement' is a total joke, much like this insulting scamola. Don't laugh folks, there are people out there who will swallow this fully fraudulent rubbish.

Alex Blackwell
Ain't no stopping us now citizens as we expose that which is reeking mightily already. Say howdy to 'farmer' Mr. Alex Blackwell of Blackwell Capital Corp. And before you open that poochie trap you best read his biblical (and laughable) disclaimers ... "Contents are provided for general information purposes only and do not constitute an offer to sell or a solicitation of an offer to buy any Security in any jurisdiction. Blackwell Capital Corp, Alex Blackwell, Teya Blackwell, www.blackwellcapitalcorp.ca or it's affiliated employee's, sub-contractors, partners in any capacity does not intend to solicit and IS not soliciting, any action with respect to any Security or any other contractual relationship with Blackwell Capital Corp, Alex Blackwell, Teya Blackwell, www.blackwellcapitalcorp.ca or it's affiliated employee's, sub-contractors, partners in any capacity." Is that all? Fork no, check it out ... http://blackwellcapitalcorp.ca/legal/
Teya Blackwell
Our info so far is that these overachievers are brand spanking new to hops and planted for the first time on some chit ground they, but nobody else, calls a farm. Combined hops industry experience is zero, which may explain why the 'expert' Mr. John Briner has a hand here. (His involvement was confirmed by Fraser Valley Hop Farms.)
_________________________
So whats the latest in Vancouver Ponzi Schemes you ask? Lets put em together for Fraser Valley Hop Farms who have imagined a business model that simply cannot fail ... hops by golly and WTF is the matter with you for not getting in on this pure money spinner yesterday?

Key is something called the 'MyHops platform' which is a totally wicked arsesome technology you'll never understand.

Bestus part poochie? These boyz are gonna throw in a 'anticipated earnings calculator' for free, holy fork!
'MyHops platform' "ties together different sensors, connected devices, and farming facilities, MyHops is a technology product exclusively sponsored by Fraser Valley Hop Farms Inc." As near as I can figure, these dopes will let public types 'buy' baby hop plants for $ 10 and then grow them at which point the public type will have something 'worth' $ 30 someday. Everybody getting this?

It's "an innovative commercial application to optimize, organize and maximize earnings."
And it gets better citizen. Anybody spending any time on Venture scammers needs no introduction to disbarred K9 Mr. John D. Briner. Truly that track record of open fraud and theft cannot be matched. So what did Mr. Briner 'do' after he was finally drummed outta law? He became a hops salesman. Then he ripped off his employer's customer list and went into business for himself.

A few moons later we have Fraser Valley Hop Farms running a scam from a ridiculously toney DT hi-rise office. And one other thing. Photos (and videos) stolen from that employer are plastered all over Fraser Valley Hop Farms propaganda.

Monday, February 5, 2018

Bobby G in the news, again

Ontario's Bobby Genovese has asked that a judge dismiss civil charges he faces from the U.S. Securities and Exchange Commission for manipulating Liberty Silver Corp. in 2012. He says that the SEC's allegations fall short of making a case for securities fraud. According to Bobby G the case is vague or involves activity "completely disconnected from investors" . The denials from Bobby G come in response to a case in which the SEC accused him of scammery related to his sale of $17.5-million worth of worthless Liberty Silver shares.

Stay tuned folks, we'll 'do' the highly notorious career conman later. (anybody else notice how Bobby G's big floppy mouth is always open?)