Where are they now? Mr. Mordechai Bignitz: The fo
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Posted On: 02/19/2020 11:48:46 PM
Where are they now? Mr. Mordechai Bignitz:
The following are snippets taken directly from the OWC website “team” bios, followed by the real individual BIO.
Chief Executive Officer (CEO)
• His association with the 5 companies listed above are in the past. Although seemingly impressive, it’s a lot of companies in a span of 25 years to 2014. Of course we have no way of assessing his accomplishments, if any, with these companies.
• As the original architect of the titanic, aka OWC, he has presided over an incredible number of dealings and decisions that resulted in the issuance of millions of shares, at the expense of shareholders. The ensuing litigations have done nothing for the company other than drain its limited funds.
• Hired Richard Rubin, a disbarred lawyer since 1995. Who by his own admission had direct access through the back door of V-Stock Transfer on days when he knew that a certain “friendly” person would be there.
• Hired or allowed Amir Uziel to answer company emails and correspond with shareholders. Coming across as both an investor and insider. WTF was he doing there? Does anyone ever remember seeing an SEC filing referring to him as a spokesperson for the company? In 2017 he got out like a bandit and is now living the good life all at our expense.
• Hired advisors such as Jeffrey Friedland in an attempt to raise the company’s profile. Engaged the services of Jeffrey Smurlick whom I have dubbed a certified idiot. Spent hundreds of thousands of dollars at two wall street conferences in 2017 and 2018. Enriched the pockets of Lyons Capital, meanwhile their keynote speaker in 2017 was none other than their CEO Ziv Turner, a former cellular phone salesman, and a passionate food loving buffoon, who was posting about food on Facebook just minutes before he was to deliver his speech.
• As an individual with a financial background he was instrumental in arranging the $5 mil toxic loan in April 2018. How hard could it have been to at the very least remove one trigger from the contract in the name of Dr. Baruch? How incredible is it that a chartered accountant could not see the potential problem of a conversion formula in the agreement that would effectively result in the issuance of “free” shares…the minus $.01 should never have been in the formula.
• What does it say about a CEO that tries to ram two reverse splits within the span of less than a year at R/S ratios of 1:500 and 1:700 respectively? Effectively they were asking for blank cheques, nothing more and nothing less.
• The above is just a short resume of Mordechai Bignitz, and his real BIO.
The following are snippets taken directly from the OWC website “team” bios, followed by the real individual BIO.
Chief Executive Officer (CEO)
Quote:
Mr. Mordechai Bignitz is a seasoned financial manager, with over 30 years’ experience in operational and investment management, specializing in all aspects of the planning and execution of deals in private and public companies. Mr. Bignitz served as CEO of Advanced Paradigm Technology, Geffen Green Energy Ltd., as Chairman of the Investment Committee of Migdal Capital Trust Ltd. and as a director of Leader Capital Markets Ltd. (TASE: LDRC) and Leader Holdings & Investments Ltd. (TASE: LDER). He has extensive experience in the management of investments and financial systems, accounting and taxation and has been involved in economic and financial consulting to companies in the field of technology.
• His association with the 5 companies listed above are in the past. Although seemingly impressive, it’s a lot of companies in a span of 25 years to 2014. Of course we have no way of assessing his accomplishments, if any, with these companies.
• As the original architect of the titanic, aka OWC, he has presided over an incredible number of dealings and decisions that resulted in the issuance of millions of shares, at the expense of shareholders. The ensuing litigations have done nothing for the company other than drain its limited funds.
• Hired Richard Rubin, a disbarred lawyer since 1995. Who by his own admission had direct access through the back door of V-Stock Transfer on days when he knew that a certain “friendly” person would be there.
• Hired or allowed Amir Uziel to answer company emails and correspond with shareholders. Coming across as both an investor and insider. WTF was he doing there? Does anyone ever remember seeing an SEC filing referring to him as a spokesperson for the company? In 2017 he got out like a bandit and is now living the good life all at our expense.
• Hired advisors such as Jeffrey Friedland in an attempt to raise the company’s profile. Engaged the services of Jeffrey Smurlick whom I have dubbed a certified idiot. Spent hundreds of thousands of dollars at two wall street conferences in 2017 and 2018. Enriched the pockets of Lyons Capital, meanwhile their keynote speaker in 2017 was none other than their CEO Ziv Turner, a former cellular phone salesman, and a passionate food loving buffoon, who was posting about food on Facebook just minutes before he was to deliver his speech.
• As an individual with a financial background he was instrumental in arranging the $5 mil toxic loan in April 2018. How hard could it have been to at the very least remove one trigger from the contract in the name of Dr. Baruch? How incredible is it that a chartered accountant could not see the potential problem of a conversion formula in the agreement that would effectively result in the issuance of “free” shares…the minus $.01 should never have been in the formula.
• What does it say about a CEO that tries to ram two reverse splits within the span of less than a year at R/S ratios of 1:500 and 1:700 respectively? Effectively they were asking for blank cheques, nothing more and nothing less.
• The above is just a short resume of Mordechai Bignitz, and his real BIO.
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