surfkast
1 month ago
Novus Group was a company set up by Joseph Wade Mezey and Matt Billington many years ago under 1PM industries.. The main purpose was to get cheap shares in companies, like this one and then dump and pocket the money. He and his coconspirators set up companies to run scams Matt may also be benefitting from this one.
Here is a good read.
Novus Group, LLC was controlled by Joseph Wade (Joseph Wade Mezey) and that SIGO was controlled by his wife, Anastasia Shishova, neither of which was disclosed in the SEC filings that allowed Novus Group, now owned by 1PM Industries (OTC: OPMZ) to dump the majority of its shares, which it acquired for just $11,000, for almost $3mm and distribute the proceeds directly to Joseph Wade and Matt Billington.
https://www.newcannabisventures.com/how-insiders-secretly-pocketed-3-million-from-sunset-island-group/
BasedOnFeels
1 month ago
Novus is not a lender. Joseph Wade owns the stock. Todd Higley-CEO doesnt have to do anything for the company but exist on paper, sign his name on filings, issue the same PR over and over and issue stock. Thats it.
They have operated on crowd funding S1s and Reg A offerings. I dont think they had one promissory note since Higley took over in 2016-17.
Ask yourself, what did Novus Group ever do for the company to be issued a toxic amount of shares in the form of preferred's Series C ? I was here from 2016-21 and never saw Novus Group on a filing until it was converted after I was out, Its what surfkast tried to tell people about. Once this happened, I saw what he was talking about. It took 6 years to set this up. This was when the float was 47m. Whats the float now?
Higley for 150k for 'accrued expenses' issued himself 31,250,000,000(billion) worth of stock in the form of Series C shares.... you see how this is NOT a good thing?
Taken from the recent filing-
"We have authorized capital stock consisting of 9,000,000,000 shares of common stock, $0.0001 par value per share (βCommon Stockβ)
and 20,000,000 shares of preferred stock, $0.0001 par value per share (βPreferred Stockβ). As of the date of this filing, we have
1,212,750,000 shares of Common Stock, 6,059,600 shares of Preferred Series C Stock issued and outstanding."
---Looks like they raised the AS again? Imagine that. Who saw that coming? 4b-9b over 100% AS raise... guess whats coming next? More shares dumping. Follow the history. Follow the players who are ACTIVELY converting in large droves. No matter what BTC does, 4 people will win here, the insiders. The BTC pivot, I will admit, for a scam- was genius, and will be paying for Wades trust fund for as long as BTC is a thing.
I get trying to defend your stance and investment, but its obvious whats happening here now. Once the conversions happened and Cecilia Widner gave back to VTXB 50billion shares worth of Series C shares and got pushed out, its Novus Group show now. Still dont know what Novus Group does for the company, but get issued shares.Also, who is Brian Mcclain and what is worth 500,000,000 issued shares in services rendered?
Go spend your money on something else. Or get dumped on.
surfkast
1 month ago
Did you bother reading the financials? Obviously not! Wade dropped 1.5 billion shares as of the last filing. SMH
3/24/2023 New
Issuance 75,000,000 Common $0.00 Yes
Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
3/31/2023 New
Issuance 83,000,000 Common $0.00 Yes
Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
4/11/2023 New
Issuance 92,000,000 Common $0.00 Yes
Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
4/25/2023 New
Issuance
100,000,000 Common $0.00 Yes
Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
5/9/2023 New
Issuance
100,000,000 Common $0.00 Yes
Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
5/31/2023 Cancelled -26,280
Series C
Preferred n/a n/a
Novus Group
(Joseph
Wade)
converted n/a n/a
6/22/2023 New
Issuance
120,000,000 Common $0.00 Yes Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
7/14/2023 New
Issuance
120,000,000 Common $0.00 Yes Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
8/31/2023 Cancelled -9,600 Series C
Preferred n/a n/a (not
traded)
Novus Group
(Joseph
Wade)
converted n/a n/a
9/6/2023 New
Issuance
575,000,000 Common $0.00 Yes Brian McLain Services
Rendered
R 4(a)(1)
9/25/2023 Cancelled -4,800
Series C
Preferred n/a n/a (not
traded)
Novus Group
(Joseph
Wade)
converted n/a n/a
9/29/2023 New
Issuance
120,000,000 Common $0.00 Yes Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
10/5/2023 Cancelled -4,800 Series C
Preferred n/a n/a (not
traded)
Novus Group
(Joseph
Wade)
converted n/a n/a
10/11/2023 New
Issuance
120,000,000 Common $0.00 Yes Novus Group
(Joseph
Wade)
Conversion of
preferred
stock
UR 4(a)(1)
11/1/2023 Cancelled -8,000 Series C
Preferred n/a n/a (not
traded)
Novus Group
(Joseph
Wade)
converted n/a n/a
https://www.otcmarkets.com/otcapi/company/financial-report/391921/content
TerraRyzing
1 month ago
The best thing that has been happening here is since the split the SAT prices per transaction have lowered tremendously, but they are mining half of what was already low mining capabilities. They have some that bring in .007825. That would great if ALL were that much because that would be a quarter of a Bitcoin monthly and half it were twice daily
They have other microcap crypto plays that don't even post their wallet and trade higher. They make way more bold claims, but selling the FOMO has worked
The dumps are real.
I follow the numbers and it's gradual, but the increments have increase that it looks like it's not happening, but it really is
Most share selling stocks would let shit run before pulling the rug, but it does seem like a couple tick flips are good here. They are OK with it. Yeah the OS has gone up, but it's manageable compare to other sh!t out there
BasedOnFeels
1 month ago
The stock cannot turn with Novus group(Wade) owning 150 BILLION shares of Class C preferred.
Not to mention Brian McClain they gave 575 million shares to for no reason, those will likely become unrestricted in September. So Im guessing this is when the next dump will be coming aka "VTXB has increased its hash rate and mining capabilities" like the last 3 years straight.
Once this hit trips, it was over for long term shareholders. Especially ones who bought .01-06 BEFORE Novus(Wade) was diluting in 2021-22. I made bank. No one can make bank here now. The toxic spiral is initiated, and its not even a lender, its THE OWNER OF VTXB youre giving your money to with endless shares.... endless AS raises. All the OTC might be trash, but this is a TOP 10 shipping container full of it, for real now.
There are lots of CEO's to stay away from and this for sure one of them, especially once they start converting. All stocks can make money but once this happens, its 1% chance it gets back to previous levels without an RS. Its the hard truth. Go give your money to stocks who have no promissory notes, and not outrageous preferred's to insiders, youll be much more inclined to make some amazing returns. While we always try to look to the future, the past is a book of information that cannot be ignored when trying to make decisions. Happy Trading.
BasedOnFeels
1 month ago
He actually just tries to help. He wouldnt even be here if Wade wasnt.
Hes not wrong either. This is Wades ATM, or has the last 2 years not convinced you yet?
PAS pump failed, Widners got screwed, REG A buyers got screwed(still have yet to receive shares from 2018-19) As I said for years, anything under .01 was a steal and it went to .06 years later..
The last 2 years all investors are doing is giving Wade money and wash trading each other and 2 tick flipping, while trying to avoid even more conversions, and youll never know shares were converted until youre another 35% down.
The notion of bashing is only the perception when you are invested and feel someone is being aggressively negative towards it. He is making aware of the situation you are about to put money into, especially when its right in front of you, in filings and in trading action.
Go find another play where you arent directly giving 1-4 people your money when nothing is happening in the company but selling shares. Hope this helps.
surfkast
1 month ago
Posting about the shares being unchanged is beyond comical. Look at the filings!
1,212,750,000 common were outstanding A/O 11/30/2023. Now Outstanding Shares are 2,787,750,000,
AN INVCREASE OF 1.5 BILLION THAT WENT TO WADE!
Outstanding Shares
2,787,750,000
05/13/2024
Restricted
861,500,000
05/13/2024
Unrestricted
1,926,250,000
05/13/2024
Held at DTC
1,560,950,000
05/13/2024
surfkast
2 months ago
If one does any real DD they have lost tons of money on mining/ The machines are outdated and Joseph Wade Mezey can still convert billions.
Bear Shit is more like it!
Their website is comical and needs updating.
BITCOIN MINING
The Company is launching it's new Bitcoin Mining and began acquiring Bitcoin Mining Rigs in August 2021.
Losing money here.
We place the Bitcoin Mining equipment with 3 rd party datacenters or farms (often referred as a βCo-Locationβ) that power and operate our Bitcoin Mining equipment for a fee
Since 2021 they have mined 5.04136903 BTC but have sent out 4.67964218 BTC! Sent to whom?
The current value of this address is 0.36172685 BTC $22,129.85.
The filings are due Tuesday, May 28, 2024 but I am betting they will file an NT and submit them on Wednesday, June 12, 2024.
Anticipate a huge increase in the shares converted by Novus Group (Joseph Wade)
Their last quarterly net revenues were a comical $ 18.03
Their last Q Net Loss was -$ 69,901.51
Posting about the shares being unchanged is beyond comical. Look at the filings!
1,212,750,000 common were outstanding A/O 11/30/2023. Now Outstanding Shares are 2,787,750,000,
AN INVCREASE OF 1.5 BILLION THAT WENT TO WADE!
We have authorized capital stock consisting of 9,000,000,000 shares of common stock, $0.0001 par value per share (βCommon Stockβ)
and 20,000,000 shares of preferred stock, $0.0001 par value per share (βPreferred Stockβ). As of the date of this filing, we have
1,212,750,000 shares of Common Stock, 6,059,600 shares of Preferred Series C Stock issued and outstanding.
Here is how many preferred Wade held as of the last filing which convert @ 25,000 to 1!
6,059,600
His shares convert into.........DRUM ROLL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
151,490,000,000 shares! (YES BILLIONS!)
This is nothing but a JWM ATM!
Takeover? LOLOLOL
https://www.otcmarkets.com/otcapi/company/financial-report/391921/content