valeria123
5 years ago
He got fooled by the shark's ones, I guess he did not learn his lesson. Mike from SVLT disposed of him like a doll. Mike and Nelson are the top con artists and are good at defrauding people with their nice and charming BS.
Robert left svlt, because he saw that Mike is a con. I have no idea what is he doing now, but I hope he does not step on the same mistake again. Too many people got screwed by Mike Matvieshen and Steve Nelson in SVLT. I do not know why and how they are not in jail. But this is the OTC market for you, you can pump and dump this all day long, with zero consequences.
valeria123
6 years ago
yes its crazy, how they conned people into it, and major part was done by MR. Steve Nelson, another fraud from BreakPointTrades.com
Stocks he pumped to his subscribers so he can make a profit were: HCTI, SVLT, ALLM, GRSU, among many others that initially saw a spike where he sold and then went to zero. How he gets away with this and management of these company it's unclear to me, but sure hope he will one day pay for this.
dark_waves
6 years ago
I donβt even remember the ticker name and canβt find it on the board.
But suspension of duty to report just means that there wonβt be any filings any time soon....or ever.
RM short for Reverse Merger. Look up what that is and read about it. Reverse Mergers produce amazing plays. CYPE, GNIN, RARS, LRDR, WSML, MGON to name a few. Look at those charts. WSML company has been officially merged in. The others havenβt completed yet.
As for legal responsibility to the shareholders....this is the OTC. The scum at the bottom of the markets. Anything can and does happen down here....all sorts of schemes to F over traders and shareholders. βCompaniesβ get away with all sorts of shady shit all the time. Always be wary of that down here in the OTC.
And yeah, this company is definitely dead. Nothing going on, nothing going to be going on.
From what I can tell, it will eventually be classified as a shell and depending on how clean the shell is (i.e. how much debt it has, the share structure) it could be used by somebody for a reverse merger.
opt_123
7 years ago
Yes, he is probably Steve Nelson who advised Many investors to buy this crap company, at least a dozen has lost their capital to say the least, while he is ripping profits and pretends to be an honest guy, in reality he is a crook. If it wasn't for Steve Nelson from Break Point Trades, salt would have probably never reached the hope it did, but he has a big audience and at one time his followers held (poor people) more than 10mil shares in svlt, and listened to this idiot while he said all will be great, that he does not care if the stock goes to 0 since there are so much value in Edison. Sure it is!!! Mike is a con and Steve Nelson helped succeed in all this. I hope one day they pay for the damages they had done
opt_123
7 years ago
Yes everyone should do so, while at it, complains should be filed against idiot Steve Nelson and his stupid website breakpointrades.com, i know few investors who directly invested because of his lies, have many emails from them as well where he constantly lies and tell them that company is in great position and should be bought while the idiot was probably selling and defrauding his followers. Nothing from what he said was true and he knew it, his ego is bigger than his mouth the guy talks non stop with zero sense or truth. Then don't forget Mike the CEO who is a con artist, who has multiple law suites and even sentences. Garry and Robert Murray should also be liable they just decided to leave without representing investors, they all should be sentenced and pay big fines, but Michael and Nelson should be punished the most