Benjamin Michael McAdams (D-UT) is a committee member of the 116th Congress U.S. House Committee on Financial Services. He is an American politician serving as the U.S. Representative from Utah’s 4th congressional district since 2019. He is the only Democratic member of Utah’s congressional delegation, and a member of the Blue Dog Coalition. From 2013 to 2019 he served as mayor of Salt Lake County, and from 2009 to 2012, he was the Utah state senator from the 2nd district, which includes Salt Lake City, South Salt Lake, and a portion of West Valley. McAdams graduated from the University of Utah (BA), and Columbia University (JD). After graduating from law school, McAdams briefly worked in New York City as an associate at the law firm Davis Polk & Wardwell. McAdams and his family then returned to Utah, where he joined the law firm Dorsey & Whitney in Salt Lake City, working in securities law. McAdams then became Senior Advisor to Salt Lake City Mayor Ralph Becker.
Subject: Stephen F. Lynch
Subject of Interest
Stephen Francis Lynch (D-MA) is a committee member of the 116th Congress U.S. House Committee on Financial Services. He is an American politician who has served as a member of the U.S. House of Representatives from Massachusetts since 2001. He is a Democrat representing Massachusetts’s 8th congressional district, which includes the southern fourth of Boston and many of its southern suburbs. Lynch was previously an ironworker and lawyer, and served in both chambers of the Massachusetts General Court. He received his J.D. from Boston College Law School in 1991. For several years he worked as a lawyer, primarily representing housing project residents and labor unions. Lynch was elected to the Massachusetts House of Representatives, unseating an incumbent Democratic lawmaker, in 1994.
Subject: Jesús “Chuy” García,
Subject of Interest
Jesús G. “Chuy” García (D-Ill) is a committee member of the 116th Congress U.S. House Committee on Financial Services. He is a Mexican-born American politician serving as the U.S. Representative for Illinois’s 4th district since 2019. A member of the Democratic Party, he served on the Cook County Board of Commissioners, Illinois Senate, as well as Chicago City Council before his election to Congress. In 1983, García was the campaign manager for labor organizer Rudy Lozano. Garcia graduated from the University of Illinois at Chicago (BA, MUP).
Subject: Dean Phillips
Subject of Interest
Dean Phillips, (D-MN) is a committee member of the 116th Congress U.S. House Committee on Financial Services. Phillips is an American businessman and politician from the state of Minnesota. A Democrat, he is the member of the US House of Representatives from Minnesota’s 3rd congressional district since the 2018 election. Phillips graduated from Brown University (BA), and the University of Minnesota (MBA).
Release: Overstock Reminds Investors, Broker-Dealers of Trading Requirements of Series A-1 Preferred Shares – Naked Short Sellers are Boxed In
ReleaseOverstock Reminds Investors, Broker-Dealers of Trading Requirements of Series A-1 Preferred Shares
“It has come to the company’s attention that shares of Series A-1 Preferred Stock are being sold on platforms other than the alternative trading system (ATS), operated by tZERO ATS, LLC,” said Overstock Chief Executive Officer Jonathan Johnson. “These transfers are in violation of the transfer restrictions imposed on the Series A-1 Preferred Stock by the Certificate of Designation. Overstock is considering all options, including legal action, to stop sales of shares of Series A-1 Preferred Stock in violation of the transfer restrictions.”
Comment: The naked short sellers are boxed in — but they are trying hard to dupe naive investors and inattentive pension fund managers into accepting alternatives that are counterfeit — compounding their previous fraud with new fraud. There are probably 30 million counterfeit shares out there, if not more. If the SEC were honest, which it is not, it would be all over this as a pilot project to rapidly nail every naked short seller of Overstock now active.
Article: It’s a perfect storm of stupid in the stock market right now
UncategorizedIt’s a perfect storm of stupid in the stock market right now
Linette Lopez
Business Insider, 21 May 2020
Close to 800,000 people have created new brokerage accounts on 3 out of 4 of America’s top brokerage platforms since the coronavirus pandemic hit the country.
Article: Moderna Plunges – Erases All Vaccine-Hope Gains
Article - MediaModerna Plunges – Erases All Vaccine-Hope Gains
MRNA shares have tumbled back to pre-Vaccine headline levels this morning leaving all buyers of the follow-on offering significantly underwater…
Comment: Not a word about naked short selling, which has been obvious since March. Could it be that Zero Hedge is part of the media ecology protecting Wall Street financial crime from being discussed?
Tip: Xtant Medical Holdings Being Massively Naked Short Sold
TipComment: avg volume 64,000 Today over 10Million in 45 minutes of trading
https://finance.yahoo.com/
OLD VOLUME look for yourself
NAKED SHORTS upside down and now flooding markets with MILLIONS more
Article: If You Did Not Get Your Overstock Digital Dividend You Are Being Cheated by Your Broker
Article - MediaOverstock Distributes Digital Dividend to Shareholders as Scheduled
RELATED:
Overstock Stock Is Flying Higher After a Digital Dividend Distribution
Comment: If you have not received your digital dividend — and if your broker is offering you an IOU or market value credit — you are being cheated. Please email me at robert.david.steele.vivas AT gmail DOT com to be put in touch with the legal team that is accumulating evidence against the naked short sellers who have been cheating the public in specific relation to Overstock all these years.
Article: Merrill Lynch Traders Can’t Avoid Spoofing, Fraud Charges
Article - MediaMerrill Lynch Traders Can’t Avoid Spoofing, Fraud Charges
Law360, 21 May 2020
The government’s June 2018 indictment says the traders’ scheme between June 2009 and October 2014 created the illusion of market movement by using large orders to inflate the price, with no intention of filling the orders, thus committing wire fraud, commodities fraud and conspiracy to commit commodities fraud.
Article: Lululemon Athletica Inc. Provides Update on Phased Global Store Reopening Plan
Article - Media, PublicationsLululemon Athletica Inc. Provides Update on Phased Global Store Reopening Plan
Business Wire, 21 May 2020
VANCOUVER, British Columbia — lululemon athletica inc. (NASDAQ:LULU) today provided details on the company’s phased reopening plan for its global store operations.
After closing the majority of lululemon stores globally outside of Greater China in mid-March, the company is gradually welcoming guests back to select locations where it is permitted to do so. lululemon’s phased reopening approach incorporates key learnings from its successful reopening in Greater China and is being carried out week-by-week, market-by-market in accordance with local government and public health authority guidelines. As of today, lululemon has reopened over 150 store locations across North America, Europe, Asia, New Zealand and Australia, with approximately 200 additional locations set to reopen over the next two weeks. Continue reading “Article: Lululemon Athletica Inc. Provides Update on Phased Global Store Reopening Plan”
Article: PharmaCielo rebounds after reporting world’s lowest legal production costs
Article - Media, PublicationsPharmaCielo rebounds after reporting world’s lowest legal production costs
Jared Gnam, 21 May 2020
After a March 2 short-seller report sent shares of PharmaCielo Ltd. (TSX-V: PCLO) tanking for nearly two months, the valuation of Colombia’s largest cannabis grower rebounded 36 per cent this week as it posted promising fourth-quarter results. On Thursday, the Toronto-headquartered company said it generated a modest $657K in revenues during Q4, which ranks low among Canada’s publicly-traded licensed producers.
But the parent company of PharmaCielo Colombia Holdings also reported an all-in production cost for dried cannabis of $0.04 per gram at its Colombian operations. That’s the lowest production cost recorded in the legal worldwide weed industry, according to the company.
Continue reading “Article: PharmaCielo rebounds after reporting world’s lowest legal production costs”
Release: DarkCyber: Exclusive Interview with Robert David Steele, Former CIA Professional
ReleaseDarkCyber: Exclusive Interview with Robert David Steele, Former CIA Professional
The interview reveals three findings from a year-long investigation into short selling by financial institutions…
Louisville, Kentucky, US – WEBWIRE – Thursday, May 21, 2020
DarkCyber, a video news program, interviewed Robert David Steele, a former Central Intelligence Agency professional. Steele publishes books about intelligence strategy and procedures. In a conversation with DarkCyber’s Stephen E Arnold, Steele reported that a major lawsuit is about to be filed in New York City after a multi-year investigation into the practice of what financial specialists call “naked short selling.” The term of art means that an individual trades in financial assets without owning these assets or having access to the assets. The practice is a violation of US law.
The exclusive interview is available on Vimeo at https://vimeo.com/419712751.
Subject: Ashok Kumar
Subject of Interest
Ashok Kumar is the Head of Equity Research at Think Equity. Kumar joined ThinkEquity in 2018. He held senior research positions at Joseph Gunnar & Co., LLC, Aegis Capital Corp., Rodman & Renshaw, LLC and Maxim Group, LLC. Mr. Kumar also held senior analyst positions at Raymond James, Piper Jaffray, and Prudential Securities. Prior to his career in research, he worked in engineering and marketing at Intel Corporation. Mr. Kumar received a Bachelor’s Degree in Engineering from the Indian Institute of Technology, a Master’s Degree in Electrical Engineering from Purdue University, and a Master’s Degree in Business Administration from the Wharton School of the University of Pennsylvania.
Subject: Ramnarain “Joseph” Jaigobind
Subject of Interest
Ramnarain “Joseph” Jaigobind is the Chief Executive Officer at Think Equity. Jaigobind started his career at Shearson Lehman Brothers in the Private Client Group and was most recently Head of Global Equity Capital Markets at Joseph Gunnar & Co., LLC., Aegis Capital Corp. and Rodman & Renshaw. He served as Senior Vice President with Investec Ernst and was an Executive Managing Director at Maxim Group. Jaigobind was a Chairman’s Circle Member of the US-India Business Council and was a Director of the Board of the US-Pakistan Business Council.
