Best to put him on ignore. He is a serious mental case. He will change his screen names 100 times to post nonsense. The actual writings that count are from shareholders to regulators and law enforcement about previous management of this company. I also think they tried to pay John Pinheiro the preferred stock to unwind their nonsense. They are hoping the problem will just go away before a interested prosecutor takes the case. Prosecutors should also start with the OTC Group to see if any of their current or previous employees know anything about this.
Their intent is to close down ANY INVESTIGATION INTO THIS MATTER. That person does not want shareholders to communicate about the actions of past management. They hope the problem will just go away. Just put him on ignore and continue the discussion. I would not stop until regulators do something to the people who did this. We are talking about millions of dollars taken from small investors while regulators spent all the time investigating a few people ( such as the CEO of HEMP) without proving anything.
That is part of this puzzle. I think the problem stared with Ms. Trina Ta. She issued billions of share under the pretense that she was building a MJ business. She was not building anything, she was issuing shares out to third parties in exchange for kick backs.
Many of these allegations are yet to be proven. From what I know, regulators have already been contacted about all the parties involved in this case. What they are doing about it is the question. This is also a very serious matter, therefore shareholders should be able to discuss these issues without person(s) permeating the forums on it or message boards with nonsense. That person is aiding and abetting this group by disrupting communication on the subject matter of this case. This also adds to the theory that these types of negative posters are not trying to help any shareholders and investors.
There may still be a chance for shareholders to recover some of their assets and cash from these people. Previous management has assets and cash, they just moved them to different private businesses. The for regulators is this group operates cross border and in more than one country (parts Asia, Canada and the US). This means that law enforcement will have to coordinate their efforts to recover assets with other agencies. I believe this is a lot bigger than LATF and $50 million taken from its shareholders. This group may have raked in over $100 million from small investors in the past three years.
That guy was hired to unwind the activities of previous management. They stole all the assets and cash from small investors. What they did is issue free shares to a group of shell companies. They then collected the money in kick backs and any contracts were diverted to their own private companies or close down. These people just ripped the public investors off of way more over $20 million. This group raked in between $50 to $20 million dollars from small investors. The new CEO did not bring suit against them nor did any of the shell companies. The only people complaining now is small investors who got taken by this nonsense. Regulators need to locate these people to recover all money and assets. This is an unbelievable story. It also begs the question: Where some brokerage firm compliance departments employees and regulators involved in this nonsense.
You may have something here. When posters mention Ms. Thu LE and Ms. Trinh Ta on this message board, someone starts to seriously bash them and the message board. They both need to be investigated and the new CEO should started the inquiry into their past activities. He had to do some due diligence before take over the company. Who did he talk to about the company and who gave him the preferred shares.
All you have to do is file out the SEC complaint form. I am sure they will look into this matter if shareholders file enough complaints against previous management. At this point they have nothing to lose.
It is not just one shareholder. Shareholders as a whole need to contact the SEC about previous management and the alleged assets of this company. Ask why all the shares were issued to third parties and none of them complained about any of this. This beg the question: Where they all shell companies set up by insiders to sell share to unsuspecting small investors. This group sold over $20 million in stock to small investors and regulators have not did one thing to find them or the assets.
To get the ball started all shareholders have to do is file out a complaint through the SEC website. Regulators will then refer the case to law enforcement of the proper jurisdiction. Before shareholders can do anything, they need to find the proper jurisdiction to file a complaint. This company and individuals operated in ore than three jurisdictions. The known ones were in Denver, CA and Delaware. No one on this board needs to collect money from anyone. Most lawyers and the SEC will file the complaint in court for a lead plaintiff in class action suit for little money if there are enough assets to recovery. Lawyers will take 30 to 40 percent off the top for legal fees in settlements. This is good money even on $1 million dollars for them. Also, the SEC should already be investigating this group to answer the questions of jurisdiction, assets, involved parties, etc.... They may also be looking at this message board too. File the complaint out with the SEC first and request this case be referred to the FBI. Let them do their job to protect small investors from these type of cases.
That someone is shareholders. The survival of this company and stock depends on the actions of its shareholders. It will depend on their ability to recover intangible and tangible assets that belong to them and Latteno. The way I see it, previous management would have to answer to regulators and the FBI sooner or later. Now they can say they lied about it all and face jail time. They could say the company was legit but they transferred the assets out to themselves. Either way there will be some recovery of assets to Latteno shareholders. The people who did this will have to give up their personal assets if deemed a crime. Shareholders need to take action, the new CEO is not going to do anything for them here.
It is likely to trade because the company still has some brand name recognition. Previous management was actually building a brand name but they were not honest in their dealings with the public. For the money they raised from small investors, they could have started a good good. The problem is they used the money for their personal gains. Now shareholders need to go after them to get some of the money and assets back. For example, Rx Harvest Collective Inc still belongs to Latteno shareholders but previous management transferred it to one of their own. The site has potential to make more money with a few changes.
The only solution to this puzzle is for regulators or someone to refer this case to the FBI to find out what parties were behind all this and where all the alleged assets went to. There is a group who started this to steal money from small investors and they need to be held accountable for their actions. We are talking about over 9 billion shares issued in two years for over $20 million. The third party companies that the company allegedly issued shares to are also questionable. Someone needs to investigate this matter. New CEO is not doing his job to go after these people either. most lawyer will take these class action suit on because even a percentage of $2 million in settlement is good money for them. Sounds like someone is blocking any class action suit or investigation into this matter.
I guess so. Everyone is amazed on how these people got away with stealing over $20 million from small investors without any investigation from regulators and/or the FBI. This was at same time period the SEC started a task force to watch and investigate these companies. I have never saw anything like this in the markets. If any of us did this nonsense, we would be locked up with in a week. It begs the question of who are these people and who are they connected to..
From the latest news about hemp, our CEO has the right idea. He will or a shareholder need to pursue a class action suit against previous management to recover company assets. why regulators and FBI have not look into this case is beyond me. This group got away with stealing over $20 million from small investors.
It will soar when that group returns our money back to the company. They just walked off with over $20 million of small investors cash. Regulators also know about this company but did nothing to prevent them from doing it. Now these people are sitting somewhere planning on doing the same thing all over again. This case is not making any sense.
It is clear how. A few may work there or know people who do. There is no way anyone could illegally sell over $20 million worth of shares on the open market while making claims to own a profitable seafood company and regulators or FBI are not tracking them. They were able to this even with small investors complaining against them. Someone was also working at this company and answer phone calls. They stopped after VStar and the no filings of the financials.
He claims they are the same because they had the same address. Apparently, Past management of Mekonza changed its name to VStar to operate as a private company and funnel all the assets out of the former. These people also seem to be involved OTC Market Group so how. This is how they keep getting away with this without regulators doing anything to them.
Someone still sold over 20 million dollars worth of shares to unsuspecting small invests. The FBI and regulators would normally be tracking these persons to get the money back. Also, Latteno was allegedly hiring contractors to do business. Looks like past management diverted business and transferred assets to other companies. They also took the money from stock for their personal use.