Wellness Matrix Group Inc (CE) (WMGR) News

Must be thinking of someone else. I don’t own any shares here and never have.

bye bye scumlarini...this one is gonna end you!


https://www.lacityattorney.org/post/feuer-sues-wellness-matrix-group-over-alleged-covid-19-consumer-scams

Looks like a fat finger trade for 300 shares at $.12. Somebody’s gonna be happy. Lol.

you started, i believe, by asking how the company gets off the greys. i told you. it has nothing to do with the sec.

I’m not sure it matters, that’s why I’m asking. Anyways, beliefs are irrelevant. What is - is

does it matter? sec regulation is sec regulation.

How many of those 2 thousand were a result of a pandemic?

maybe this is your first suspension. i have followed over 2 thousand suspensions over more than 20 years. i know how this works. you are certainly free to believe whatever you wish.

Let’s see, your opinion is rooted in assumption not fact, unless you work for the sec or the company?

the sec did not ask any questions of the company and unless the sec decides to sue for further damages, you will not hear from them again. now , in order to get off the greys is finra matter.

Let’s see what happens then, maybe the company can provide something to the SEC in regards to the suspension that will change the dynamic here, thanks for the responses :)

yes, the process is the same for all suspended companies.

I don’t know of any other process, but if what you say is true, they could fast track it.

Is the process the same even though the suspension via covid19 affiliation is what triggered the move to greys? Is there any other recourse the company can pursue?

An MM needs to file a 2-11 with FINRA to resume trading. MM will need a year or two of verifies fins from the company to vouch for them. Once approved...off greys and back on Pinks. This sounds pretty easy, but very rarely occurs.

Actual trading seems to have begun. $.075 is now down to $.02 with a $.01 low. Trading on the greys without a Bid/Ask is pretty risky.

What needs to happen for this to come off the greys?

Trading should resume today. The grays is the Wild West of stocks so care should be taken.

Trading was halted for two weeks. Hopefully the company can get issues resolved.

https://www.sec.gov/litigation/suspensions/2020/34-88582.pdf

What happened here . It ha slide and went silent

NOTE 6 - RELATED PARTY TRANSACTIONS



The Company owes $1,000 to Jinglan Dong, the former CEO.



The Company has entered into a loan from XS Capital, LLC. for a credit line of up to $150,000. The CEO was a minority member of XS Capital, LLC at the time of the transaction. As of April 30, 2019 and 2018, the balance owed on the line of credit is $53,947 and $53,947, respectively. As of January 31, 2020 there is $5,209 of accrued interest on this loan. The line of credit is currently past due.



As of January 31, 2020 and April 30, 2019, the Company owed iVest, Inc., a minority shareholder in the Company, $76,000 and $76,000, respectively. The loan is unsecured, accrues interest at 5% of the balance at the end of the fiscal year and matures January 31, 2019. As of January 31, 2020, there is $6,930 of accrued interest due on this loan. This loan is currently past due.



On February 5, 2019, the Company acquired a line of credit for up to $3,000,000 with Marjax Property Management. LLC. The line of credit is unsecured, bears interest at 3% over prime, compounded annually, and matures on January 31, 2024. As of January 31, 2020, there is $65,000 and $2,189, of principal and interest, respectively due on this loan.



Other current advances from related parties represent advances from a shareholder, advances from a Corporation with common management and advances from a party related to a shareholder. The advances are without interest and have no specified repayment terms. These advances totaled $100,919 and $95,932 on January 31, 2020 and April 30, 2019, respectively.



NOTE 7 - SUBSEQUENT EVENTS



In accordance with SFAS 165 (ASC 855-10) management has performed an evaluation of subsequent events through the date that the consolidated financial statements were available to be issued and has determined that it does not have any material subsequent events to disclose in these financial statements other than the following:



On February 13, 2020, the Company issued to each of its seven outside directors and Chief Financial Officer 250,000 restricted shares and options to purchase 250,000 shares at an exercise price of $0.03 vesting on February 13, 2021.

ah, yes, my dyslexia. but be patient, this one will most likely be withdrawn also.

There was a 12G filed in 2018 and the RW was attached to that 2018 filing...Has nothing to do with the current 2020 filing...

So What... WMGR has nothing to do with Legitimate companies like PREDICTIVE Technology.

that was my point
have a nice Easter.

WMGR NOW SHOWN ON GREY MARKET.

https://www.otcmarkets.com/stock/WMGR/overview

uh georgie, the form 10 registration statement has been withdrawn.

https://ih.advfn.com/p.php?pid=nmona&article=78503026

WMGR...075...https://www.otcmarkets.com/filing/html?id=14068651&guid=QIFWUKWYPvUFmth

Explanatory Paragraph

Wellness Matrix Group, Inc. (the “Company”) is filing this Amendment No. 2 to its Form 10 solely to correct an error on the Cover Page. A box on the Cover Page was inadvertently checked indicating that the company is an Emerging growth company, which in fact it is not.

Except as described above, this Amendment No. 2 does not modify or update in any way disclosures made in the Amendment No. 1 as filed on April 10, 2020.

again, from nodummy;

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154930047

well, this is certainly interesting.

from nodummy;

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154929698

Wmgr wellness Matrix has nothing to do with PRED

nobody claimed it did. but thanks for bringing that other scam to our attention.

Wmgr wellness Matrix has nothing to do with PRED .PRED uses Wellgistics LLC located in lakeland florida.

WMGR located in California.

I just stumbled upon this. Reminds me a little of a stock I know named PRED lol !

Wow. Wasn’t even paying attention to this one. Only had $500 in it. So, not a big loss. It was a lotto anyways. Good luck

that's interesting.

If find it quite interesting that the CEO of WMGR Magliorini was also an investor in public company AEMD that also was suspended by the SEC just this last February.

Now that WMGR a former Keaveney HIJACKED empty shell garbage ticker has been suspended, the shares of WMGR are now circling the bowl waiting for that BIG flush.

yeah, maybe not.

WMGR SEC Suspension "because of questions regarding the accuracy and
adequacy of information in the marketplace since at least March 19, 2020. Those questions relate to statements WMGR made through affiliated websites and a company consultant about selling at-home COVID-19 testing kits that had been approved by the FDA."

https://www.sec.gov/litigation/suspensions/2020/34-88582.pdf

Order:

https://www.sec.gov/litigation/suspensions/2020/34-88582-o.pdf

let's have a pause.

It's always interesting to see Finra's daily short volume posted as meaningful. Sometimes, accompanied by the mention of naked shorting. Yet, NEVER have I seen short interest explained as a part of how a market is made in a stock. It's almost as though it doesn't exist.

Here's what matters.

Short Selling Data

Short Interest 100 (0%) 03/13/2020

Significant Failures to Deliver No

https://www.otcmarkets.com/stock/WMGR/security

Time to make some money

Website updated w/ Corona related material - http://www.wellnessmatrixgroup.com

$1-$2

Nice to see you hear! I wonder where this can go?!

Good to see someone else watching this stock. Tell a friend!!

Just as an aside, thought I would check to see what the FINRA Report says about the Shorting that has been going on because there are so few shares in the market. I think it is around 16M if I remember correctly what I read in the FORM 10.

What is important to know is that the Market Makers are not intentionally NAKED SHORTING the stock. When they do not have shares or can't find shares to borrow, they still have to meet the Market Demand and put shares into your account for what you have purchased. This is why some of your trades take so long to go through. So have patience if that happens.

ORIGINAL IMAGE FROM OTCSHORTREPORT.COM


IMAGE SHOWS THE ACTUAL NAKED SHORTING IN ONLY THE LAST 14 DAYS


LINK TO FINRA REG SHO MAIN WEBSITE: http://regsho.finra.org/regsho-Index.html

Go to ORF Section at bottom of page, then search for your stock symbol, in this case WMGR. You will see that it matches the OCTSHORTREPORT.COM Websites information.

Not a good thing for the Market Makers from what I can see.

We will see how the stock really trades once the Caveat Emptor comes off. Will be very interesting to say the least.

And if they jump to the OTCQB within the next 60 to 90 days after they are fully reporting without the Caveat Emptor, well that to me means things could get even more interesting.

We could have a SHORT SQUEEZE as well as a natural run to go back to the $2.00 area where this was brought down from.

Check your charts. This is a thing of beauty.

Their Technology is perfect for something line the COVID 19 Virus. I think now that the COVID 19 Virus came out of nowhere that with their technology everyone will want to sign up and have constant information about their health and that their Doctor can see what is going on with them before they even possibly know.

No one is paying a bit of attention. If anyone had looked they would have seen that they filed their FORM 10-12G on the 24th of February.

That means as they stated in their Press Release on March 10th that they performed a Full Audit of their Financials and submitted it with their Form 10-12G. They also have a Market Maker Sponsor in their FORM 10. So that means dollar land in the near future.

SEC Filings here: https://www.sec.gov/Archives/edgar/data/1527974/000168316820000560/0001683168-20-000560-index.htm

FORM 10-12G Here: https://www.sec.gov/Archives/edgar/data/1527974/000168316820000560/wellness_frm10.htm

Press Release Here on NASDAQ: https://www.nasdaq.com/press-release/wellness-matrix-group-files-form-10-and-announces-new-ceo-and-directors-2020-03-10

Notice they did not do the chincy Press Release through OTC Market.

List of Directors:

Name Age Position
Barry Migliorini 51 Chief Executive Officer, Director (1)
Joshua Patterson 38 President and Senior Software Architect
David Saltrelli 70 Vice President of Marketing
Mark Moscowitz 72 Secretary, Treasurer, Director
Bruce Barren 77 Chief Operating Officer, Director
David Todt 60 Chief Financial Officer
Dr. Desiree Cox 55 Director
Olivia Parr Rud 69 Director
Bernie Rice 65 Director
Roy Landers 73 Director
Dr. Sheldon Jordan 70 Director
Dr. Francesco Simplicio 65 Director

Anyone recognize Bernie Rice of IBM on the Board? Did anyone even notice at all they filed a Form 10 and put out a PRess Release. Well I did not either, someone else told me about it and I nearly fell over after reading it.

WMGR is about to make a serious move upward.

Mr. Bernie Rice is recognized as one of the world’s leading experts in Information Technology. Mr. Rice has a wealth of enterprise business experience and significant senior level relationships that are indispensable in developing many strategic partnerships. Mr. Rice and his business partner, Wesley Clark, retired United States Army General and former Presidential Candidate, are currently working with a portfolio of companies providing leadership capabilities in multiple leading-edge technology sectors.

Mr. Rice began his career with IBM in sales and held various sales leadership positions until 1983 when he entered IBM's finance fraternity. Mr. Rice's work in business case structure and portfolio analysis led him to a role as IBM's Finance Director for Application Software in 1985. By 1989, Bernie was promoted several times and was appointed Director of Finance, Planning and Administration for IBM's Southern Area. In that role, Mr. Rice was responsible for the staff functions of a $3 billion business and he was instrumental in positioning IBM's Southeast Region as the leader in billable services. Mr. Rice became Chief Financial Officer and General Partner for the IBM Venture Capital Group in 1993 and then Vice President of Business development for IBM's Consumer Division in 1998. There he managed projects like IBM's partnership with Berkshire Hathaway and Hallmark for the development of its breakthrough on-line research and learning platforms. Mr. Rice also served as Chief Executive Officer of Edmark Inc., the IBM subsidiary that developed innovative educational software for children.

Mr. Rice holds a B.A. from St. Anselm College (Manchester, New Hampshire) and a Masters in Business Administration in Marketing from Georgia State University. Mr. Rice also attended the IBM Presidents Program (a special Executive MBA program) at Harvard University.

Did anyone notice PhD Dr. Desiree Cox??? RHODES SCHOLAR of OXFORD UNIVERSITY

Her Website: http://www.desireecox.com/
https://stemcellcongress.conferenceseries.com/ocm/2018/desir-e-cox-oxford-university-nassau-bahamas-and-london-uk
https://vaticanconference2018.com/desiree-cox-md-phd/

Also their new Neurosurgeon: https://www.pacificneuroscienceinstitute.org/people/sheldon-jordan/
http://neurologywestla.com/neurologist/dr-sheldon-jordan/

If you have missed all of what has been going on, now you know some of what is possibly coming.

Nevada State Company Information: https://esos.nv.gov/EntitySearch/BusinessInformation

Let’s go people!!! WMGR is the future

Well it’s moving now!! Lol. The wrong direction but volume is picking up. I’m gonna BUY MORE