SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

   Microcap & Penny StocksTGL WHAAAAAAAT! Alerts, thoughts, discussion.


Previous 10 
To: Patricia Meaney who wrote (150060)7/27/2015 11:04:14 AM
From: Buckey
   of 150069
 
If I read his facebook posting by his Daughter correctly he may have had a landing a salmon. He was only in his 60s so obviously too young but am sure the way he would of wanted to go.

I plan to crap out on the golf course - near the clubhouse as otherwise my regular playing partners would likely just leave me behind to finish their round. AS I might to them.

Another of the good guys gone

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Buckey who wrote (150061)7/27/2015 6:53:05 PM
From: Patricia Meaney
   of 150069
 
Well you always seem to make most of your money while you are on the golf course. Stop by the Bounce board - haven't seen you in awhile - assuming you are the same Buckey! lol

Share RecommendKeepReplyMark as Last Read


From: Can Do Stocks 24/29/2016 12:46:37 AM
   of 150069
 
ILUS updated filings 7.9 M OS easy money...

Share RecommendKeepReplyMark as Last Read


To: Tom Allinder who wrote (111777)12/2/2017 1:59:31 PM
From: Wayne Rumball
   of 150069
 
RIP Tom

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Wayne Rumball who wrote (150064)12/5/2017 11:13:22 AM
From: Can Do Stocks 2
   of 150069
 
RIP Tom

Share RecommendKeepReplyMark as Last Read


To: Francois Goelo who wrote (53900)7/2/2018 3:08:37 PM
From: StockDung
1 Recommendation   of 150069
 
SEC Charges California Company and Three Executives with Accounting FraudLitigation Release No. 24181 / July 2, 2018Accounting and Auditing Enforcement Release No. 3945 / July 2, 2018Securities and Exchange Commission v. Axesstel, Inc., et al.(S.D. Cal., filed June 28, 2018)
On June 28, 2018, the Securities and Exchange Commission charged a California-based telecommunications equipment manufacturer, its Chief Financial Officer, Former Chief Executive Officer, and Director of Contract Fulfillment and Sales Operations for inflating reported revenues in the company's Middle East, Africa, and Europe region in the fourth quarter of 2012 and first quarter of 2013.

According to the SEC's complaint, Axesstel, Inc., Chief Financial Officer Patrick J. Gray, and former Chief Executive Officer Harold Clark Hickock III, aided and abetted by Director of Contract Fulfillment and Sales Operations Steven R. Sabin, inflated the company's revenues by prematurely recognizing revenue on sales and by improperly recognizing revenue despite entering into undisclosed side agreements that relieved customers of payment obligations. Additionally according to the complaint, the Defendants inflated unit prices of products to hit revenue targets with the agreement that Axesstel would subsequently repay the inflated amounts to the customer as marketing development fees. The SEC alleges that Axesstel's revenue was overstated by 66% in the fourth quarter of 2012 and 38% in the first quarter of 2013.

The SEC's complaint alleges that Axesstel, Gray and Hickock violated Section 10(b) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 10b-5 thereunder, and that Sabin aided and abetted these violations. The complaint also alleges that Gray and Sabin circumvented internal accounting controls and falsified Axesstel's books and records in violation of Section 13(b)(5) of the Exchange Act and Rule 13b2-1 thereunder; that Axesstel violated the reporting provisions of Section 13(a) of the Exchange Act and Rules 12b-20, 13a-1, 13a-11, and 13a-13 thereunder, and that Gray, Hickock and Sabin aided and abetted Axesstel's violations of 13(a) of the Exchange Act and Rules 12b-20, 13a-1, and 13a-13 while Gray aided and abetted Axesstel's violations of Rule 13a-11; that Axesstel violated the books and records and internal accounting controls provisions of Sections 13(b)(2)(A) and 13(b)(2)(B) of the Exchange Act and that Gray and Hickock aided and abetted these violations; and that by signing false Sarbanes-Oxley certifications and lying to Axesstel's auditor, Gray and Hickock violated Exchange Act Rules 13a-14 and 13b2-2.

Axesstel, Gray, Hickock and Sabin agreed to settle the charges without admitting or denying the allegations of the Complaint and consented to entry of a final judgment that permanently enjoins them from future violations of the securities laws, and orders Gray, Hickock and Sabin to pay penalties of $40,000, $25,000 and $10,000, respectively. Gray and Hickock also consented to entry of a judgment which permanently bars Hickock from serving as an officer or director of a public company, and bars Gray from serving as an officer or director of a public company for five years. The settlements are subject to court approval.

Gray also consented to the issuance of a Commission Order suspending him from appearing or practicing before the Commission as an accountant, with the right to apply for reinstatement after five years.

The SEC's investigation was conducted by Adam B. Gottlieb and supervised by Amy L. Friedman, with the assistance of trial counsel Suzanne J. Romajas and Christian D. H. Schultz, supervised by Jan M. Folena.

Share RecommendKeepReplyMark as Last Read


To: Buckey who wrote (150058)8/30/2018 11:57:10 AM
From: Tradenride
   of 150069
 
That sucks buck

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Tradenride who wrote (150067)9/13/2018 7:11:22 AM
From: Buckey
   of 150069
 
yes 2 years now and I want to go down just like Jim did - doing something you love. So either on the golf course, in a pub or a whorehouse

Share RecommendKeepReplyMark as Last Read


From: Can Do Stocks 212/9/2018 7:34:50 AM
   of 150069
 
Hows everyone , anyone doing ?
who's still around from the old gang >???

Share RecommendKeepReplyMark as Last Read
Previous 10