Deleted very relevant post at the pathetic "Official" board:
"This a solid post from the IHub board that will be of interest to serious investors here (a departure from the usual froth and bubble):
Why hasn't the company sued Jerry for fraud?
Why is Li still employed by this POS scam operation?
Why is Mike Welch allowed to come near shareholder funds?
I refer you to the RMBH 10-Q filing with the SEC:
https://www.sec.gov/Archives/edgar/data/16708...inbody.htm
Quote:
On February 28, 2017, LSW Holdings, LLC (“LSW”) purchased all outstanding shares of Series A Preferred Stock from our former controlling shareholder. Accordingly, LSW is now our controlling shareholder. Our Vice President of International Sales is the Managing Member of LSW and, in that capacity, has the authority to direct voting and investment decisions with regard to its holdings in the company. The agreement between the parties requires that LSW provide the Company sufficient capital to move forward with its expansion plans.
That is in a filing with the SEC, not some fluff PR released through the shill outfit SmallCapVoice.
That SEC filing is signed by Michael Welch and Jens Mielke.
It is fraudulent.
See exhibit 31.1:
Quote:
I, Michael Welch, certify that;
this report does not contain any untrue statement of a material fact...
Mielke signed the same attestation.
Welch now claims there was NO SUCH REQUIREMENT in the agreement with LSW, contrary to the SEC filing and both Welch's and Mielke's attestations.
https://www.sec.gov/Archives/edgar/data/16708...nbody2.htm
Quote:
On February 28, 2017, LSW Holdings, LLC (“LSW”) purchased all outstanding shares of Series A Preferred Stock from our former controlling shareholder. Our Vice President of International Sales is the Managing Member of LSW. Both parties to the agreement assured management that the purchase agreement requires LSW to provide the Company sufficient capital to move forward with its expansion plans. Management has recently obtained the executed agreement and determined that agreement contains no such requirement.
Welch and Mielke want people - including the SEC - to believe they never even read the agreement REQUIRING "sufficient capital" before agreeing to it? They never even had a COPY of the agreement?
Then, having discovered they - and the shareholders they to whom they owe a fiduciary responsibility - have been defrauded.. they do NOTHING. They don't fire Li, They don't sue Jerry. They do.. nothing except increase the A/S count to 4 BILLION shares."
"This a solid post from the IHub board that will be of interest to serious investors here (a departure from the usual froth and bubble):
Why hasn't the company sued Jerry for fraud?
Why is Li still employed by this POS scam operation?
Why is Mike Welch allowed to come near shareholder funds?
I refer you to the RMBH 10-Q filing with the SEC:
https://www.sec.gov/Archives/edgar/data/16708...inbody.htm
Quote:
On February 28, 2017, LSW Holdings, LLC (“LSW”) purchased all outstanding shares of Series A Preferred Stock from our former controlling shareholder. Accordingly, LSW is now our controlling shareholder. Our Vice President of International Sales is the Managing Member of LSW and, in that capacity, has the authority to direct voting and investment decisions with regard to its holdings in the company. The agreement between the parties requires that LSW provide the Company sufficient capital to move forward with its expansion plans.
That is in a filing with the SEC, not some fluff PR released through the shill outfit SmallCapVoice.
That SEC filing is signed by Michael Welch and Jens Mielke.
It is fraudulent.
See exhibit 31.1:
Quote:
I, Michael Welch, certify that;
this report does not contain any untrue statement of a material fact...
Mielke signed the same attestation.
Welch now claims there was NO SUCH REQUIREMENT in the agreement with LSW, contrary to the SEC filing and both Welch's and Mielke's attestations.
https://www.sec.gov/Archives/edgar/data/16708...nbody2.htm
Quote:
On February 28, 2017, LSW Holdings, LLC (“LSW”) purchased all outstanding shares of Series A Preferred Stock from our former controlling shareholder. Our Vice President of International Sales is the Managing Member of LSW. Both parties to the agreement assured management that the purchase agreement requires LSW to provide the Company sufficient capital to move forward with its expansion plans. Management has recently obtained the executed agreement and determined that agreement contains no such requirement.
Welch and Mielke want people - including the SEC - to believe they never even read the agreement REQUIRING "sufficient capital" before agreeing to it? They never even had a COPY of the agreement?
Then, having discovered they - and the shareholders they to whom they owe a fiduciary responsibility - have been defrauded.. they do NOTHING. They don't fire Li, They don't sue Jerry. They do.. nothing except increase the A/S count to 4 BILLION shares."
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