I just wished I would have listened to myself. I wanted to believe, I wanted to recoup a year of losses, I wanted this to succeed. Like you I have owned and operated a few businesses in my years on this planet. The late filings i do myself all the time. Yet when they paid all those shares out to Crystal Falls I should of ran. They have been selling shares since the begining for Henry Jan's benefit. They have shown little if any concern for their loyal shareholders. They have been on a one way collision course with SEC since day one. Yes I think the SEC is a corrupt agency itself, but they had to follow through with SKTO and AEGY because of their blantant attempts to lure investors with their outlandish claims of success. I only invested a little more than half of what you have into here only because they claimed to have 30+ million in contracts, then was coaxed to hold my shares with the promise of forward split, divy shares, merge into Medical Greens (so to have new cuspid and symbol). Then the promises of Larry King Interview and you know the rest. Always another week or coming soon BS. I felt we were had when they downgraded Allyn to a non executive chairman, Benz was out chasing after becoming a Barrister probably his kickback from Jan. Have to remember who is actually pulling the strings (Henry jan) Signs Benz paycheck and even ART is above Benz. We can only hope that these guys loose double or triple of what the combined total of losses that the shareholders have lost. Benz should be held to a higher level of discipline because of his education in law. They need to disbar him for his association and assistance in this scam.I wish we could go kick some virtual ass at their virtual office.
Category: BusinessTotal Views: 96 By : EditorUpdated: 06-25-2024
SEC Charges Meta Materials Inc. and Former CEOs with Fraud
The SEC has filed fraud and other violation charges against Meta Materials Inc. and its former CEOs, John Brda and George Palikaras. These accusations are the product of a $137.5 million market manipulation scheme. The corporation has consented to have the charges settled through an administrative process. Federal district court will hear SEC's lawsuit against Brda and Palikaras. The accusations include breaching the provisions pe... Continue Reading
Category: EconomyTotal Views: 90 By : EditorUpdated: 06-25-2024
Overview of the Inflation Report for Friday
Understanding the state of the economy now depends critically on the inflation report that is due on Friday. The report will center on the Federal Reserve's preferred inflation indicator, the Personal Consumption Expenses (PCE) index. The inflation rates have been declining recently, and this report should offer more proof of the slowing down of price rises. Wall Street Journal and Dow Jones Newswires economists polled for May expect the PCE ind... Continue Reading
Court Rulings Halt Key Parts of Biden’s Student Loan Repayment Plan
The student loan repayment plan of President Joe Biden was recently put on hold by two federal judges. These rulings keep the Education Department from putting into effect important SAVE loan repayment program features that would lower monthly payments and wipe out millions of Americans' student debt. The court's decisions answered lawsuits brought by Republican-led states that contended the administration's... Continue Reading
Category: MarketsTotal Views: 91 By : EditorUpdated: 06-25-2024
Nasdaq Climbs 1.3% Led by Big Tech
Tuesday's 1.3% gain was notable for the Nasdaq Composite. Mainly, this increase was fueled by excellent results from big IT firms. Notable contributors were Nvidia and Alphabet, the latter of which set a record. Especially those in the artificial intelligence space, investors displayed a renewed confidence in tech stocks. This momentum helped the tech-heavy index outpace other significant U.S. stock indices. The power of the IT industry offered a strong ... Continue Reading
Category: Real EstateTotal Views: 100 By : EditorUpdated: 06-25-2024
Record-High Home Prices As Mortgage Rates Rise
Even as mortgage rates increased in April, home prices broke all previous records. The usual assumption that rising mortgage rates would drive down house prices is refuted by this odd trend. Prices rose 6.3% over the same month in the previous year, according to the S&P CoreLogic Case-Shiller National Home Price Index. This rise is the second month running that prices have increased significantly. An average 30-year fixed mortgage rate increa... Continue Reading
Category: MarketsTotal Views: 147 By : EditorUpdated: 06-25-2024
General Market Sentiment: Bullish Trends
With significant indices like the NASDAQ and S&P 500 exhibiting rising trends, the market has been generally bullish. Strong corporate earnings and encouraging economic data are the main causes of the high investor trust. The general good mood is being aided by the expansion of many sectors. The bullish tendency is a reflection of hope for corporate profitability and the economic recovery. The market is still strong in spite of certain difficulties... Continue Reading
Category: StocksTotal Views: 156 By : EditorUpdated: 06-25-2024
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Category: BusinessTotal Views: 122 By : EditorUpdated: 06-25-2024
Kevin O'Leary Criticizes San Francisco's Decline
Popular from his time on "Shark Tank," Kevin O'Leary called San Francisco a "wasteland." He holds the decline of the city to bad political choices. San Francisco is no longer recognisably a part of America, claims O'Leary. He begs folks to come see the deterioration for themselves. O'Leary talked about it on "Cavuto: Coast to Coast." He emphasized the effects of unwelcome laws and high taxes. He... Continue Reading
Category: EconomyTotal Views: 203 By : EditorUpdated: 06-25-2024
U.S. Auto Sales are Predicted to Slow Down in the Second Half of 2024
Second-half 2024 is expected to see a slowdown in American auto sales. This comes after an impressive first half, when sales climbed 2.9% over the same period the previous year. A number of issues confronting the sector could impede its ongoing expansion. Potential problems are indicated by growing sales incentives and rising car inventory levels. Uncertainties in the economy, changes in interest rates, and the approaching ... Continue Reading
Category: EconomyTotal Views: 303 By : EditorUpdated: 06-25-2024
Fed Governor Michelle Bowman Open to Rate Hikes if Inflation Persists
If inflation doesn't go down, Federal Reserve Governor Michelle Bowman said she's still willing to raise interest rates. Bowman stressed in a speech in London that the data at this time does not yet support reducing rates. She underlined that rate reductions should wait until inflation approaches the Fed's 2% goal. Bowman is acting cautiously considering the ongoing inflationary pressures. She seems prepared to ... Continue Reading