I'm the bad guy ha?? (Directed to all, except you
Post# of 3844
Posted On: 08/24/2014 8:19:07 AM
I'm the bad guy ha?? (Directed to all, except you Bobo). I'm not right Bobo, the findings are facts. Childish is Mr. Ceo paying himself 400k, and buying 2yrg and not visiting the facility nor sending a representative to see what exactly we were buying, in addition, not even reading the fckng buying agreement, unless and incompetent, time for the board to acquire a vote and have him hit the exit door.
Or do we even have a vote?? My money is down 97% is so is many of us here, don't be shy to speak it and question the practices of what our CEO has been doing since the first phases. I know some here who are in the same boat. Others who are trying to take legal action and have wrote Martin, and his responded with no avail. I've seen those emails, folks who are down from 45k to 130k. Where are all the Pro longs NOW, they're gone, they flipped the stock and waited on the 1st Q to see China Revs, and bailed out, dumped it and moved on. No of them played the long card, they played the smart card, but some of us believe in this company, like I did. Now I'm a bag holder, all you criticizing me, could be insiders trying to discredit me, and taking from what is really going on. What that is, if you ask:
3.9 Million dollars into professional fees, god damn that's a whole lot of paying out for a company making only 60k in gross revenue. Have Martin answer that question, ha? This quarter alone $500k + in those fees?? Who is getting this money, who??
Per Malone "ex-accountant firm", which Martin was praising so bad when we attained them. Malone will bring reputable and extensive expirience with our Chinese auditings, because Malone has extensive expirience. Malone read the filings and told Marin and management, these numbers are exaggerated. Here's the article; but I'm he bad guy ha?? I guess you guys are waiting on the 50 Million from
Tanke, tankes is a pump and dump stock. Go hit stock promoters dot com, look at the pump that occurred from March to June if I'm correct with the months, but it started at .10 then the mail-outs started happening and the pumping game took it to .50 cents, then it got diluted to nothing. Anything associated with Tanke was not good, many PM'd me to bail out once Martin issued like 2 PRs in regards to Tanke's partnership. I didn't listening, beliving Martins reputation. Do some research on some of the members of Evotech. See how many company's have been started and burned. Supported this crap like a good soldier, blinded by lies and deceitful actions.
When they use to report every week the O/S I was calm and believes they're were nothing to hide, then it all changed to monthly, and that's when the dilution started happening. We were at .05s guys, five cents. We dropped to .01 pretty fast, I said nothing to worry about, just some support lost, no biggie, good co, let me buy some more. I did! Look at us now man, were looking like a typical penny stock, Martin let us down, we even lost QB status, and now were a plain Pinky. I know you fckng insiders are here pumping this BS, but I will keep posting the truth, my posting a consist on the facts your CEO put Out, now is time for you to eat it too, don't like it, well, hell, it's only the facts management issued. Where in management now, where is our public relations? A word from Malone;
Dear Mr. Nielson:
This is a follow up to our resignation email dated and effective March 1, 2014 wherein we resigned as the independent registered public accountants for E-Waste Systems, Inc. (“E-Waste”). The reason for the resignation stems from our disagreement with E-waste’s management concerning the accounting treatment of certain transactions involving China based companies.
It was our understanding that E-waste entered into certain “lease” agreements with several Chinese companies in 2013. Under these “lease” agreements, E-waste apparently accounted for gross revenue[ and expenses of these China based operations during 2013. THAT'S NOT TOO CONVINCING HOW HE WORDED IT, MHO.
Based on the documents we have reviewed and interviews we have conducted so far, it does not appear that there is substance related to the “lease” agreements to warrant E-waste to account for gross revenue and expenses for these China based operations.
NO GROSS REVENUE NOR EXPENSES, I'M WITH MALONE. MARTIN ALSO PRAISED MALONE WHEN HE HIRED HIM, SAID HE WAS CONFIDENT ON MALONE'S ACCOUNTING TEAM, AND THEY WERE EXPERTS IN CHINESE AND US ACCOUNTING FINANCIALS.
Our conclusion was reached based on our review of the ”lease” agreements and an interview with E-Waste’s key management team member that has closed every transaction in China and maintained management of the business units.
We believe that the overstated revenue and expenses could have a material impact on E-Waste’s consolidated financial statements. BINGO, THE PUNCH LINE...
This disagreement should be disclosed in the Item 4.01 Change of auditor Form 8-K filing which is due four business days from our email resignation.
Very truly yours,
/s/ MaloneBailey, LLP
MaloneBailey, LLP
Or do we even have a vote?? My money is down 97% is so is many of us here, don't be shy to speak it and question the practices of what our CEO has been doing since the first phases. I know some here who are in the same boat. Others who are trying to take legal action and have wrote Martin, and his responded with no avail. I've seen those emails, folks who are down from 45k to 130k. Where are all the Pro longs NOW, they're gone, they flipped the stock and waited on the 1st Q to see China Revs, and bailed out, dumped it and moved on. No of them played the long card, they played the smart card, but some of us believe in this company, like I did. Now I'm a bag holder, all you criticizing me, could be insiders trying to discredit me, and taking from what is really going on. What that is, if you ask:
3.9 Million dollars into professional fees, god damn that's a whole lot of paying out for a company making only 60k in gross revenue. Have Martin answer that question, ha? This quarter alone $500k + in those fees?? Who is getting this money, who??
Per Malone "ex-accountant firm", which Martin was praising so bad when we attained them. Malone will bring reputable and extensive expirience with our Chinese auditings, because Malone has extensive expirience. Malone read the filings and told Marin and management, these numbers are exaggerated. Here's the article; but I'm he bad guy ha?? I guess you guys are waiting on the 50 Million from
Tanke, tankes is a pump and dump stock. Go hit stock promoters dot com, look at the pump that occurred from March to June if I'm correct with the months, but it started at .10 then the mail-outs started happening and the pumping game took it to .50 cents, then it got diluted to nothing. Anything associated with Tanke was not good, many PM'd me to bail out once Martin issued like 2 PRs in regards to Tanke's partnership. I didn't listening, beliving Martins reputation. Do some research on some of the members of Evotech. See how many company's have been started and burned. Supported this crap like a good soldier, blinded by lies and deceitful actions.
When they use to report every week the O/S I was calm and believes they're were nothing to hide, then it all changed to monthly, and that's when the dilution started happening. We were at .05s guys, five cents. We dropped to .01 pretty fast, I said nothing to worry about, just some support lost, no biggie, good co, let me buy some more. I did! Look at us now man, were looking like a typical penny stock, Martin let us down, we even lost QB status, and now were a plain Pinky. I know you fckng insiders are here pumping this BS, but I will keep posting the truth, my posting a consist on the facts your CEO put Out, now is time for you to eat it too, don't like it, well, hell, it's only the facts management issued. Where in management now, where is our public relations? A word from Malone;
Dear Mr. Nielson:
This is a follow up to our resignation email dated and effective March 1, 2014 wherein we resigned as the independent registered public accountants for E-Waste Systems, Inc. (“E-Waste”). The reason for the resignation stems from our disagreement with E-waste’s management concerning the accounting treatment of certain transactions involving China based companies.
It was our understanding that E-waste entered into certain “lease” agreements with several Chinese companies in 2013. Under these “lease” agreements, E-waste apparently accounted for gross revenue[ and expenses of these China based operations during 2013. THAT'S NOT TOO CONVINCING HOW HE WORDED IT, MHO.
Based on the documents we have reviewed and interviews we have conducted so far, it does not appear that there is substance related to the “lease” agreements to warrant E-waste to account for gross revenue and expenses for these China based operations.
NO GROSS REVENUE NOR EXPENSES, I'M WITH MALONE. MARTIN ALSO PRAISED MALONE WHEN HE HIRED HIM, SAID HE WAS CONFIDENT ON MALONE'S ACCOUNTING TEAM, AND THEY WERE EXPERTS IN CHINESE AND US ACCOUNTING FINANCIALS.
Our conclusion was reached based on our review of the ”lease” agreements and an interview with E-Waste’s key management team member that has closed every transaction in China and maintained management of the business units.
We believe that the overstated revenue and expenses could have a material impact on E-Waste’s consolidated financial statements. BINGO, THE PUNCH LINE...
This disagreement should be disclosed in the Item 4.01 Change of auditor Form 8-K filing which is due four business days from our email resignation.
Very truly yours,
/s/ MaloneBailey, LLP
MaloneBailey, LLP
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