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Cannabis Companies MJ
Posted On: 05/16/2014 9:44:19 PM
Post# of 768
Posted By: bellsandwhistles
Re: AmericanSavage #35
Savage: Here's a thought puzzle for you that springs to mind following the curiously timed 05/14 PR from AVNE (CEO Armstrong).

AVNE, as you know, was a pot stock suspended and banished to the Grey Sheets on March 5, 2014. Given a planned merger of SKTO and AEGY (two IEquity associated companies) coming to the fore presumably and given the intensifying focus of SEC (MFTF) on penny stock fraud in the MMJ sector, Armstrong chose this week to issue this press release:

"May 14, 2014, Georgetown, S.C.- Aventura Equities, Inc.’s (OTC: AVNE) board of directors has dissolved the definitive agreement with IEquity, Corp. and associated companies effective immediately."
http://www.otcmarkets.com/otciq/ajax/showNews...=222102637

Imagine Armstrong's anger, even rage, for losing his own company (and income) by getting involved with the IEquity cabal.

The question is: Is a vengeful Armstrong angling to trade his knowledge of private IEquity Corp with the SEC in exchange for their help in relocating AVNE to the pinks? Wouldn't the SEC be happy to get an inside view and financial detail about a secretive private firm that purports to be pot-stock incubator, the SEC's targeted sector? Especially, when that company, CEO'd by Henry Jan, have close ties with a man sued by SEC for fraud in 2010 and barred for five years as an officer and director. Especially, when that company also has connections with the likes of Gelmon, Burke, CF and Lotus -- all veteran OTC denizens who gorge at the trough and more often than not dilute shareholders into sub-penny oblivion.

What if Armstrong, whose company AVNE entertained IEquity, Lotus, Crystal and Rubicon, strikes a deal to sing a song for the SEC in a quid pro quo?

http://investorshangout.com/post/view?id=1528148

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