Does Pecoraro own Cambridge Consultants? I am almost certain he owns Stock Appeal as well.
Global Marketing Media LLC has been compensated twenty thousand dollars for a two day marketing and promotional effort on RYUN by Cambridge Consultants, Inc.
How can you "prepay" a commission?
During the nine month period ending September 30, 2013 the Company issued 127,350,000 shares of common stock for services rendered. During this same period, the company cancelled 25,000,000 shares of common stock for services that were not rendered leaving the net balance issued for the period at 102,350,000 shares. The total number of issued and outstanding shares on the Company’s books as of September 30, 2013 is 374,608,554.
Of the total shares issued for the period the company issued 100,000,000 for commission expense that will be earned over a five year period. The Company has booked this commission expense as a prepaid expense based on the value of the stock at the time it was issued and will amortize the cost over the five year period.
Sherwood Ventures, LLC and its affiliates has been previously compensated two hundred and sixty two thousand dollars directly from the OriginOil, Inc, (OOIL) and seventy six thousand one hundred and one restricted rule 144 shares for OOIL advertising and promotion.
Between October 4, 2013 and November 1, 2013, holders of convertible promissory notes converted an aggregate principal and interest amount of $450,953 into an aggregate of 3,985,990 shares of the common stock of OriginOil, Inc. (the “Company”).
Whoever that was has a lot of legal trouble ahead.
PCAOB Statement about Hood and Associates:
By issuing audit reports stating that the 2011 audits of FullNet, Revolutions, and NightCulture had been performed in accordance with PCAOB standards when it knew, or was reckless in not knowing, that the statement was false, the Firm violated Section 10(b) of the Exchange Act, and Rule 10b-5 thereunder. Freeman took or omitted to take actions that he knew or was reckless in not knowing, would directly and substantially contribute to the Firm's violations of Section 10(b) of the Exchange Act, and Rule 10b-5 thereunder.
StockMister has been compensated Thirty Thousand Dollars Cash via Bank Wire Transfer by a third party (Prime Equities Inc.) for a 1 Day Marketing Program regarding HPCS.
Taxes payable of $19.7m recorded on the balance sheet. However, the total tax expense on the income statement for the last 5 years do not add up to $19.7m. LLEN is either over-reporting its income or not paying its full taxes.