Author: buyersstrike

Kalem, Kukekov and some piece of shit medical device reverse merger in Eden Prairie – (NMTC)

A reverse-merger based in Eden Prairie, MN, hyping nonsense, recently came to our attention, NeuroOne Medical Technologies (NMTC). This filthy company shares many similarities to another reverse-merger turd, Biotricity (BTCY), we’ll examine that scam another time. For now, let’s look under the covers at NMTC.

There was recently a conversion of notes at $1.80/shr, along with 100% warrant coverage at $1.80. Our guess is that we are seeing a walk-up (aka a “rig”) in front of a real promotion as those shares are being sold.

The company originally came public in 2011, as Original Source Entertainment, a Jody Walker shell. Ms. Walker has been responsible for countless scams: RNBI, ALKM, VHUB, RIHT, RJDG, PVTA, KRED, NAMG, DMHI, and AIDC just to start.

The original nominee holders were:

NMTC-OriginalNominees

In 2014, the control block was sold to a young gentleman named, Amer Samad:

NMTC-SaletoAmer2014

Amer moved the company to an address near Buffalo, NY. By April, 2017 some stock had leaked out, and Amer still held 69% control.

NMTC_ownership_april2017

In July 2017, the shell merged with a medical device company in Minnesota, NeuroOne, Inc., creating NeuroOne Medical Technologies (NMTC). Curiously Amer returned 100% of his holdings for cancellation.

NMTC-AmerCancellation

This leaves 1.573mm existing shares, and 6.292mm shares issued in the merger for a total outstanding of 7.865mm shares. One unanswered question is where did those existing shares, which would be free-trading, end up? Typically in these sorts of scams, these shares are actually secretly in the hands of the promoters/insiders. Another question is who has been paying Amer? An unnamed related party.

NMTC-WhoPaidAmer

Just who is this related party? That remains unanswered (for now) as well, but at BuyersStrike! HQ we have some ideas.

The merger into the shell was arranged by an outfit called Highline Research Advisors (HRA), which is made up a few ex-John Thomas Financial (expelled by FINRA, raided by Feds), ex-Merriman (expelled by FINRA), ex-Agincourt rejects, Theodore Kalem & Nikolay Kukekov. Their HRA shop has moved from JTF to Merriman to Agincourt and now they hang their hats at another bucket shop, Corinthian Partners.

Here’s Theodore’s CRD:

NMTC-TedKalemCRD

And Nickolay’s:

NMTC-Nikolay-CRD

The working theory here at HQ is that finding this shell was no chance occurrence for Kalem and Kukekov. Mr. Samad‘s name appears in a previous Kalem/Kukekov deal, Citius (CTXR). See the CTXR S-1 filed September 11, 2015. Given that they probably knew Amer from this prior turkey, it is highly likely that one of them, or an entity they control, was the related party funding the shell.

After the NMTC merger the new shareholder list looked something like this, from the most recent NMTC proxy, filed April 27, 2018.

NMTC-Proxy-2018Holders

Would it surprise you, dear reader, to learn that there are shenanigans afoot? Chromium 24 LLC and Lifestyle Healthcare LLC are actually undisclosed related parties. Their total ownership is over 18%. Likely tripping up all sorts of disclosure violations, just for a start. 

How are they related?

When pulling the ownership statement for Chromium 24, LLC we find a familiar family name, Kalem:

NMTC-Chromium2413d

“That’s only a coincidence,” the touts and shills might say. Perhaps, perhaps not. Let’s dig deeper, from Bloomberg:

BTCY-Chromium24Owners

And how about Lifestyle Healthcare, LLC? Let’s read Nickolay’s biography carefully:

NMTC-Lifestyle-Nikolay

Kukekov is an owner of both entities, and clearly has a close relationship with Kalem. Case closed. And this is not the only piece of garbage bioturd/medical device scam stock with these two fine gentlemen lurking behind the scenes.

The content contained in this blog represents only the opinions of the author. The author may hold either long or short positions in securities of various companies discussed in the blog. This commentary in no way constitutes investment advice, and should never be relied on in making an investment decision, ever. This blog is not a solicitation of business: all inquiries will be ignored. The content herein is intended solely for the entertainment of the reader, and the author.

 

 

 

Advertisements

The Map and the Territory: Who Controls Gopher Protocol? – GOPH

As part of our continuing series on filthy reverse merger Gopher Protocol (GOPH), we’ll start to explore exactly who controls the company.

Just looking at common stock is not enough, one must look at the various series of convertible bonds, warrants, and preferred stock. Some of which have conversion prices under 1c!

Here is a snapshot of GOPH ownership from before the stock promotion began in earnest. These numbers have certainly changed.

The short answer, is Galina Vaynter, through various entities and related parties. These include companies headed by her husband, Avady aka Vadim Vaynter, her daughter Regina Kats, and various straw men and women, including this guy, Kenneth Jeremy Smith, in Spokane, WA.

KJSmithEDIT

Together, these account for at least 85% control of GOPH (and possibly more) before the promotion started in earnest. See here:

WhoControlsGOPH-map

There’s lots more to come….

THE CONTENT CONTAINED IN THIS BLOG REPRESENTS ONLY THE OPINIONS OF THE AUTHOR. THE AUTHOR MAY HOLD EITHER LONG OR SHORT POSITIONS IN SECURITIES OF VARIOUS COMPANIES DISCUSSED IN THE BLOG. THIS COMMENTARY IN NO WAY CONSTITUTES INVESTMENT ADVICE, AND SHOULD NEVER BE RELIED ON IN MAKING AN INVESTMENT DECISION, EVER. THIS BLOG IS NOT A SOLICITATION OF BUSINESS: ALL INQUIRIES WILL BE IGNORED. THE CONTENT HEREIN IS INTENDED SOLELY FOR THE ENTERTAINMENT OF THE READER, AND THE AUTHOR.

 

A Brief List of Gopher Protocol CEOs and Addresses – GOPH/FXIT

In today’s installment of our continuing series of investigations into the stock promotion known as Gopher Protocol (GOPH), we’ll look at the revolving door of CEOs and the many addresses from where the company has claimed to be operating.

In its first incarnation, GOPH was known as Forex International Trading Corp, and traded under the ticker FXIT. The very first records indicate that the CEO was Moshe J. Schnapp, and the company headquarters were at 1618 N. Fairfax Avenue Los Angeles, California 90046.

Schnapp is an Israeli citizen living in California. He left Israel owing a large sum to Israel Discount Bank (IDB). IDB has since been active in US courts, trying to “Mo J” to pay what he owes. Interested readers can learn more about IDB vs Schnapp here.

MosheSchnapp

Moshe J. Schnapp

Schnapp had a previous run as an officer at Yasheng Eco-Trade (BOPT) aka Eco-Trade aka Euroweb aka Emvelco, an eerily similar scam to GOPH.

(more…)

The Map and the Territory Updated- GOPH, HMNY, YAYO, GENI, BOPT, FTMK & USXP(!)

Now updated to include Darren Dunckel, scum stock lawyer Stephen Fleming, links to notorious stock promotion Universal Express (USXP), and some very bad Russians (Vaynters, Guss) and Israelis (Attia, Schnapp) living in LA.

GOPH-Map

More on Gopher Protocol to come.

THE CONTENT CONTAINED IN THIS BLOG REPRESENTS ONLY THE OPINIONS OF THE AUTHOR. THE AUTHOR MAY HOLD EITHER LONG OR SHORT POSITIONS IN SECURITIES OF VARIOUS COMPANIES DISCUSSED IN THE BLOG. THIS COMMENTARY IN NO WAY CONSTITUTES INVESTMENT ADVICE, AND SHOULD NEVER BE RELIED ON IN MAKING AN INVESTMENT DECISION, EVER. THIS BLOG IS NOT A SOLICITATION OF BUSINESS: ALL INQUIRIES WILL BE IGNORED. THE CONTENT HEREIN IS INTENDED SOLELY FOR THE ENTERTAINMENT OF THE READER, AND THE AUTHOR.

Stem cell guns, Harmel Rayat, and the return of Reg S(cam) – RCAR, WNDW, OCTL

Back in the 90s and early 00s a very common con was the “Reg S” scam. Using an exemption from the registration requirements companies could sell stock with virtually no disclosure, nor oversight. The catch, the shares could only be sold to non-US persons or institutions. Americans were forbidden to purchase Reg S stock.

Boiler rooms would buy huge blocks of Reg S stock at massive discounts from the trading price of the shares on the open market. Then, some of the stock would be spread around to various nefarious stock promoters to create demand and volume.

The boiler rooms would then furiously call foreigners offering them shares of hot “US-listed” company X. Even better, the call scripts would read, is that these shares are available at a discount, but only if you buy now.

As a hypothetical example, the boiler room baddies buy stock from a company, or from insiders, at $1, while the shares were actually trading at $4, and would offer them to the suckers at $3, pocketing the $2 “rip“.

But what’s the harm, you ask? The buyer still got a share of stock at $3, and the market price is $4 How can he lose?

(more…)

The Map and the Territory – GOPH, HMNY, YAYO, GENI, BOPT

Just for a start….

GOPH-Map

For more on Gopher Protocol, see yesterday’s post.

THE CONTENT CONTAINED IN THIS BLOG REPRESENTS ONLY THE OPINIONS OF THE AUTHOR. THE AUTHOR MAY HOLD EITHER LONG OR SHORT POSITIONS IN SECURITIES OF VARIOUS COMPANIES DISCUSSED IN THE BLOG. THIS COMMENTARY IN NO WAY CONSTITUTES INVESTMENT ADVICE, AND SHOULD NEVER BE RELIED ON IN MAKING AN INVESTMENT DECISION, EVER. THIS BLOG IS NOT A SOLICITATION OF BUSINESS: ALL INQUIRIES WILL BE IGNORED. THE CONTENT HEREIN IS INTENDED SOLELY FOR THE ENTERTAINMENT OF THE READER, AND THE AUTHOR.

It has “Gopher Guts” – GOPH, MOBQ

Before we begin, do you know about Sony guts?

If the rambling, raving, Israeli CTO, Dr. Danny Rittman, at Southern California reverse-merger company Gopher Protocol (GOPH), is to be believed, it seems that almost everything will one day have Gopher guts inside. Pet trackers, cell phones, even cryptocoins!

But one thing that is already stuffed to the gills with Gopher guts, is Long Island penny stock Mobiquity (MOBQ). Back in June of this year they issued a curious press release highlighting an even more curious transaction.

Glen Eagles Acquisitions LP Adds Mobiquity Technologies to its Portfolio of
Companies focusing on IoT, AI and Mobile Technologies

NEW YORK, June 25, 2018 (GLOBE NEWSWIRE) — Mobiquity Technologies, Inc.
(OTCQB:MOBQ), a leading mobile location data intelligence company, is pleased
to announce a strategic investment by Glen Eagles Acquisitions LP. GEA is a company focused on building and acquiring businesses within the
Internet of Things (IoT), Artificial Intelligence (AI) and Mobile Technologies
Industries.

Quite a description of Glen Eagles. If it sounds familiar, that might be because the description of GOPH is almost exactly the same.

aboutGOPH\

Now, what is this “strategic investment” that the Eagles are making into MOBQ?

(more…)