FINRA slammed #$%$ for its dealings with Justin Keener (aka JMJ financial) with one of its "anti-money laundering programs". Why in the world was MSLP doing deals with this character?
According to the secfilingqueen post below, large sums of moneys are being paid to Quality Stocks and the Dream Team Group to pump this stock. I agree with her facts. In addition, the Dream Team Group rerouted stock alerts thru their website named Tip.Us. I wonder if the State of Ohio realizes how their money is being used? I think I'll call them to find out. Quality Stocks net and its owner McCarthy had run ins with the SEC in the past so watch out.
Seven Arts reports millions of assets on its balance sheet, many of which are due from related parties. In comparison, Seven Arts has minimal revenues. The Hall Group (Seven Arts auditors) need to take a serious look at the accounting rules with respect to valuation allowances because the assets may be overvalued for GAAP purposes. In addition, with recent exit of the CFO and CEO, these assets may be further impaired.
In the lawsuits, did Datajack realize that Keener and Fife were charged by FINRA in an enforcement action whereby they were dumping billions of penny stock companies?
Payroll tax liabilities, penalties and interest will likely be assessed against the officers of this company. It's labeled a trust fund penalty. Not only will the company suffer, it's officers will eventually owe this liability forever because personal bankruptcy does not get rid of it. It's one of the worst situations I've seen in penny land.
"Global Marketing Media LLC has not been compensated for this email and any information disseminated about AMEL."
This statement begs a question; since you pumped this supposedly for free Gabe Nix (owner of GMM), was your buddy Justin Keener (owner of JMJ Financial) dumping shares or were you dumping shares?
Say what? I'm a bit confused by that verbiage. Nothing new with penny stock press releases. Every carefully placed word derives an excuse for non-performance later. Attorney mumbo jumbo.