Walter4
3 days ago
Everything you mentioned are all of Jake's favorite intentions or buzzwords to perpetuate his 3a10 scams. Advice from Jake? That's like wanting cooking tips from Jeffrey Lionel Dahmer.
3(a)(10) scam often involves exploiting the Section 3(a)(10) exemption in securities law, which allows companies to issue unregistered shares of stock under specific conditions. This exemption is intended to facilitate the exchange of securities for existing claims or interests, provided a court or authorized governmental entity approves the fairness of the exchange after a hearing.
However, the scam often involves:
Undisclosed Underwriting: A variation of the "funder acting as undisclosed underwriter" scheme. A third party ("funder") agrees to purchase a company's debts from creditors in exchange for unregistered, discounted shares.
Rapid Stock Selling and Dilution: The funder quickly sells these discounted shares in the market, often with a clause allowing them to demand more shares if the stock price falls, leading to significant dilution of existing shareholders' holdings.
Lack of Shareholder Notification: Existing shareholders are often not notified of these exchanges, resulting in a sudden and significant drop in their stock value.
Company Complicity: Some companies may become complicit in the scheme to conceal these transactions from investors.
Here are some key things to look out for to spot a 3(a)(10) scam:
Undisclosed Funder: A key indicator is the involvement of a third-party funder who agrees to buy company debts and receive discounted shares in exchange.
Absence of Fairness Hearing: A crucial requirement for a legitimate 3(a)(10) transaction is court or governmental approval of the fairness of the exchange after a hearing. If this process appears absent or rushed, it's a major red flag.
OTC-Quoted Companies: These scams are often associated with companies whose stock is quoted on the over-the-counter market.
Rapid Share Issuance and Dilution: Be cautious if a company rapidly issues new shares, particularly if it's accompanied by a significant decrease in the stock price and limited information about the underlying transaction.
"Prohibited Service Providers" List: OTC Markets maintains a list of "Prohibited Service Providers" that might be involved in such schemes. Check this list to see if the funder or any associated parties are listed.
No-Action Letter Timing: If a company is relying on the 3(a)(10) exemption, they may seek a "no-action" letter from the SEC. The SEC staff advises that this request should be submitted before any fairness hearing.
Lack of Transparency: A legitimate 3(a)(10) transaction should involve clear and open communication about the exchange process. Be wary if information is withheld or difficult to obtain.
Dragon Lady
1 week ago
$BCAP: ANOTHER JAKE P NOCH SHELL SCAM HIJACK
💀 ☠️ 💀 ☠️ 💀 ☠️
Since BCAP didn't manage to get OTCID, that means it isn't recognized by OTC Markets and the SEC.
It's technically a dead stock being pumped by a few here (like Lime Time) to try to create new bagholders as they try to dump their worthless shares.
100% correct-a-mundo.....:))
AND....as important....actually MORE IMPORTANTLY......DIRTY JAKE P NOCH dirt ticker $SONG also failed to gain OTCID and is now YIELD SIGN TRIPLE ZERO TRASH......his main crime scene.....is folding like a cheap suit in a Naples Florida CAT-5 hurricane from hell itself.....
https://www.otcmarkets.com/stock/SONG/security
DIRTY JAKE is ...."on the run".... from the law and creditors hounding the skinny ass gangsta wannabe ass clown punk.....he's looking at a CRIMINAL INDICTMENT ....in his dumb ass future.....I want that boy INDICTED....and plan to make sure it happens....:))
This trash n scam hijack BCAP aka B-CRAP.....99% ONE DAY COLLAPSE..... LMAO....DIRTY JAKE NOCH.....DUMPED it like a toxic waste super fund cleanup site......
https://www.otcmarkets.com/stock/BCAP/disclosure
EXPERT MARKET SKULL & BONES DOG SHIT !!!
Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.
Warning! This security is traded on the Expert Market
The Expert Market® serves broker-dealer pricing and investor best execution needs. Quotations in Expert Market securities are restricted from public viewing. OTC Markets Group may designate securities for quoting on the Expert Market when it is not able to confirm that the company is making current information publicly available under SEC Rule 15c2-11, or when the security is otherwise restricted from public quoting. See additional information about the Expert Market here.
ANYONE dumb enough to want to buy these shares - YOU better get familiar with hustler and con JAKE P NOCH of Naples FL.....the dude is gonna be indicted....as sure as the sun rose this AM......this flaming scam $BCAP.....is just the latest of his share dumping dilution mill insider self enrichment scams and cons......
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174377265
SEE 99.999999% LOSER and DILUTION MILL DIRT TICKER $SONG....a 1 for 500,000 REVERSE SPLIT LMFAO......the first JAKE P NOCH scam gutter con "creation" and hustle ticker..... look at that shit heap ticker for a review of what ass hat JAKE P NOCH Florida does to penny scam tickers and people......the kid is a real POS...and numerous authorities are onto his ass.....
He's also being hunted by numerous credit card companies for DEFAULTED DEBTS LMAO....and people "think" this ass clown KID NOCH is some high roller bit time "CEO" blah blah as he's paying his new pump "crews" here to peddle his bullshit....WTF....wake up people......
COLLIER COUNTY CLERK OF COURT PUBLIC PORTAL (ALL these are lawsuits involving ASS HAT JAKE P NOCH !!) :
11-2024-CA-002212-0001-01 Pro Music Rights Inc, Plaintiff 10/23/2024 CA Contract and Indebtedness Disposed
11-2024-CA-002204-0001-01 Pro Music Rights Inc, Plaintiff 10/23/2024 CA Contract and Indebtedness Pending
11-2024-CA-002004-0001-01 Pro Music Rights Inc, Plaintiff 09/24/2024 CA Contract and Indebtedness Pending
11-2024-CA-001625-0001-01 Pro Music Rights Inc, Plaintiff 08/06/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001624-0001-01 Pro Music Rights Inc, Plaintiff 08/06/2024 CA Contract and Indebtedness Pending
11-2024-CA-001622-0001-01 Pro Music Rights Inc, Plaintiff 08/06/2024 CA Contract and Indebtedness Pending
11-2024-CA-001610-0001-01 Pro Music Rights Inc, Plaintiff 08/02/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001608-0001-01 Pro Music Rights Inc, Plaintiff 08/02/2024 CA Contract and Indebtedness Pending
11-2024-CA-001394-0001-01 Pro Music Rights Inc, Plaintiff 06/28/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001381-0001-01 Pro Music Rights Inc, Plaintiff 06/27/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001380-0001-01 Pro Music Rights Inc, Plaintiff 06/27/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001377-0001-01 Pro Music Rights Inc, Plaintiff 06/27/2024 CA Contract and Indebtedness Pending
11-2024-CA-001368-0001-01 Pro Music Rights Inc, Plaintiff 06/27/2024 CA Contract and Indebtedness Pending
11-2024-CA-001367-0001-01 Pro Music Rights Inc, Plaintiff 06/27/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001366-0001-01 Pro Music Rights Inc, Plaintiff 06/27/2024 CA Contract and Indebtedness Pending
11-2024-CA-001037-0001-01 Pro Music Rights Inc, Plaintiff 05/14/2024 CA Foreign Judgment Disposed
11-2024-CA-001025-0001-01 Pro Music Rights Inc, Plaintiff 05/15/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001024-0001-01 Pro Music Rights Inc, Plaintiff 05/15/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001022-0001-01 Pro Music Rights Inc, Plaintiff 05/15/2024 CA Contract and Indebtedness Pending
11-2024-CA-001021-0001-01 Pro Music Rights Inc, Plaintiff 05/15/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001019-0001-01 Pro Music Rights Inc, Plaintiff 05/15/2024 CA Contract and Indebtedness Pending
11-2024-CA-000868-0001-01 Pro Music Rights Inc, Plaintiff 04/24/2024 CA Contract and Indebtedness Disposed
11-2024-CA-000867-0001-01 Pro Music Rights Inc, Plaintiff 04/24/2024 CA Contract and Indebtedness Disposed
11-2024-CA-000864-0001-01 Pro Music Rights Inc, Plaintiff 04/24/2024 CA Contract and Indebtedness Disposed
11-2024-CA-000855-0001-01 Pro Music Rights Inc, Plaintiff 04/23/2024 CA Contract and Indebtedness Disposed
TWENTY FIVE LMAO.....yepper....the NAPLES KID....lives in court.....and soon will live in CLUB FED LOCK DOWN.....:))
DO NOT FORGET THESE....same loser....same idiot.....
11-2024-CC-001206-0001-01 Noch, Jake Defendant 05/24/2024 CC County Civil > $15,000 - $30,000 Pending
11-2024-CA-002357-0001-01 Noch, Jake P Defendant 11/13/2024 CA Contract and Indebtedness Pending
11-2024-CA-000814-0001-01 Noch, Jake P Plaintiff 04/18/2024 CA Other Circuit Civil Disposed
11-2023-CC-001955-0001-XX Noch, Jake P. Plaintiff 09/14/2023 CC Other County Civil non-monetary Disposed
11-2023-CA-003193-0001-XX Noch, Jake P Plaintiff 11/15/2023 CA Other Circuit Civil Reopen
11-2021-CA-001586-0001-XX Noch, Jake P Plaintiff 06/15/2021 CA Contract and Indebtedness Reopen
11-2020-CA-000966-0001-XX Noch, Jake Plaintiff 03/23/2020 CA Contract and Indebtedness Disposed
11-2020-CA-000965-0001-XX Noch, Jake Plaintiff 03/23/2020 CA Contract and Indebtedness Disposed
11-2016-TR-021970-0001-XX A5AIRVE Noch , Jake Philip Defendant 01/30/1999 M W 09/12/2016 TR Disposed
Ooops ....DO NOT FORGET HIS WIFEY....Keziah...she's a credit card DEAD BEAT TOO.....it runs in the family apparently....LMAO.....ANYONE dumb enough to buy 10 cents in a ticker tied to this ass clown....deserve to lose it all and then some......
11-2025-CC-000469-0001-01 Delancy, Keziah Defendant 02/27/2025 CC County Civil > $15,000 - $30,000 Disposed
11-2024-SC-002773-0001-01 Delancy, Keziah D Defendant 08/26/2024 SC Small Claims > $5,000 - $8,000 Pending
11-2024-SC-002678-0001-01 Delancy, Keziah D Defendant 08/14/2024 SC Small Claims > $2500 - $5,000 Disposed
11-2024-CC-001931-0001-01 Delancy, Keziah Defendant 08/13/2024 CC County Civil >$8,000 - $15,000 Pending
11-2024-CC-000555-0001-01 Delancy, Keziah Defendant 03/15/2024 CC County Civil > $15,000 - $30,000 Disposed
11-2024-CC-000551-0001-01 Delancy, Keziah Defendant 03/15/2024 CC County Civil > $15,000 - $30,000 Disposed
11-2023-CC-002488-0001-XX Delancy, Keziah Defendant 11/27/2023 CC County Civil > $15,000 - $30,000 Disposed
AMEX CARDS....charged-out to the MAX...unpaid...NAPLES SHERIFF SAYS.... "JAKE NOCH AVOIDS and EVADES BEING SERVED LEGAL PROCESS"...it's in the court's records in writing.......yeah.....sign up for some PENNY SCAM run by these hustlers...sure....go for it....what could possibly go wrong......
+++++++++++
This ticker is DEAD.....EXPERT MARKET TRASH....going absolutely nowhere.....thee end :))
Dragon Lady
3 weeks ago
$BCAP: ANOTHER JAKE P NOCH SHELL SCAM HIJACK
💀 ☠️ 💀 ☠️ 💀 ☠️
99% ONE DAY COLLAPSE..... LMAO....DIRTY JAKE NOCH.....DUMPED it like a toxic waste super fund cleanup site......
https://www.otcmarkets.com/stock/BCAP/disclosure
EXPERT MARKET SKULL & BONES DOG SHIT !!!
Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.
Warning! This security is traded on the Expert Market
The Expert Market® serves broker-dealer pricing and investor best execution needs. Quotations in Expert Market securities are restricted from public viewing. OTC Markets Group may designate securities for quoting on the Expert Market when it is not able to confirm that the company is making current information publicly available under SEC Rule 15c2-11, or when the security is otherwise restricted from public quoting. See additional information about the Expert Market here.
ANYONE dumb enough to want to buy these shares - YOU better get familiar with hustler and con JAKE P NOCH of Naples FL.....the dude is gonna be indicted....as sure as the sun rose this AM......this flaming scam $BCAP.....is just the latest of his share dumping dilution mill insider self enrichment scams and cons......
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174377265
SEE 99.999999% LOSER and DILUTION MILL DIRT TICKER $SONG....a 1 for 500,000 REVERSE SPLIT LMFAO......the first JAKE P NOCH scam gutter con "creation" and hustle ticker..... look at that shit heap ticker for a review of what ass hat JAKE P NOCH Florida does to penny scam tickers and people......the kid is a real POS...and numerous authorities are onto his ass.....
He's also being hunted by numerous credit card companies for DEFAULTED DEBTS LMAO....and people "think" this ass clown KID NOCH is some high roller bit time "CEO" blah blah as he's paying his new pump "crews" here to peddle his bullshit....WTF....wake up people......
COLLIER COUNTY CLERK OF COURT PUBLIC PORTAL (ALL these are lawsuits involving ASS HAT JAKE P NOCH !!) :
11-2024-CA-002212-0001-01 Pro Music Rights Inc, Plaintiff 10/23/2024 CA Contract and Indebtedness Disposed
11-2024-CA-002204-0001-01 Pro Music Rights Inc, Plaintiff 10/23/2024 CA Contract and Indebtedness Pending
11-2024-CA-002004-0001-01 Pro Music Rights Inc, Plaintiff 09/24/2024 CA Contract and Indebtedness Pending
11-2024-CA-001625-0001-01 Pro Music Rights Inc, Plaintiff 08/06/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001624-0001-01 Pro Music Rights Inc, Plaintiff 08/06/2024 CA Contract and Indebtedness Pending
11-2024-CA-001622-0001-01 Pro Music Rights Inc, Plaintiff 08/06/2024 CA Contract and Indebtedness Pending
11-2024-CA-001610-0001-01 Pro Music Rights Inc, Plaintiff 08/02/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001608-0001-01 Pro Music Rights Inc, Plaintiff 08/02/2024 CA Contract and Indebtedness Pending
11-2024-CA-001394-0001-01 Pro Music Rights Inc, Plaintiff 06/28/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001381-0001-01 Pro Music Rights Inc, Plaintiff 06/27/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001380-0001-01 Pro Music Rights Inc, Plaintiff 06/27/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001377-0001-01 Pro Music Rights Inc, Plaintiff 06/27/2024 CA Contract and Indebtedness Pending
11-2024-CA-001368-0001-01 Pro Music Rights Inc, Plaintiff 06/27/2024 CA Contract and Indebtedness Pending
11-2024-CA-001367-0001-01 Pro Music Rights Inc, Plaintiff 06/27/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001366-0001-01 Pro Music Rights Inc, Plaintiff 06/27/2024 CA Contract and Indebtedness Pending
11-2024-CA-001037-0001-01 Pro Music Rights Inc, Plaintiff 05/14/2024 CA Foreign Judgment Disposed
11-2024-CA-001025-0001-01 Pro Music Rights Inc, Plaintiff 05/15/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001024-0001-01 Pro Music Rights Inc, Plaintiff 05/15/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001022-0001-01 Pro Music Rights Inc, Plaintiff 05/15/2024 CA Contract and Indebtedness Pending
11-2024-CA-001021-0001-01 Pro Music Rights Inc, Plaintiff 05/15/2024 CA Contract and Indebtedness Disposed
11-2024-CA-001019-0001-01 Pro Music Rights Inc, Plaintiff 05/15/2024 CA Contract and Indebtedness Pending
11-2024-CA-000868-0001-01 Pro Music Rights Inc, Plaintiff 04/24/2024 CA Contract and Indebtedness Disposed
11-2024-CA-000867-0001-01 Pro Music Rights Inc, Plaintiff 04/24/2024 CA Contract and Indebtedness Disposed
11-2024-CA-000864-0001-01 Pro Music Rights Inc, Plaintiff 04/24/2024 CA Contract and Indebtedness Disposed
11-2024-CA-000855-0001-01 Pro Music Rights Inc, Plaintiff 04/23/2024 CA Contract and Indebtedness Disposed
TWENTY FIVE LMAO.....yepper....the NAPLES KID....lives in court.....and soon will live in CLUB FED LOCK DOWN.....:))
DO NOT FORGET THESE....same loser....same idiot.....
11-2024-CC-001206-0001-01 Noch, Jake Defendant 05/24/2024 CC County Civil > $15,000 - $30,000 Pending
11-2024-CA-002357-0001-01 Noch, Jake P Defendant 11/13/2024 CA Contract and Indebtedness Pending
11-2024-CA-000814-0001-01 Noch, Jake P Plaintiff 04/18/2024 CA Other Circuit Civil Disposed
11-2023-CC-001955-0001-XX Noch, Jake P. Plaintiff 09/14/2023 CC Other County Civil non-monetary Disposed
11-2023-CA-003193-0001-XX Noch, Jake P Plaintiff 11/15/2023 CA Other Circuit Civil Reopen
11-2021-CA-001586-0001-XX Noch, Jake P Plaintiff 06/15/2021 CA Contract and Indebtedness Reopen
11-2020-CA-000966-0001-XX Noch, Jake Plaintiff 03/23/2020 CA Contract and Indebtedness Disposed
11-2020-CA-000965-0001-XX Noch, Jake Plaintiff 03/23/2020 CA Contract and Indebtedness Disposed
11-2016-TR-021970-0001-XX A5AIRVE Noch , Jake Philip Defendant 01/30/1999 M W 09/12/2016 TR Disposed
Ooops ....DO NOT FORGET HIS WIFEY....Keziah...she's a credit card DEAD BEAT TOO.....it runs in the family apparently....LMAO.....ANYONE dumb enough to buy 10 cents in a ticker tied to this ass clown....deserve to lose it all and then some......
11-2025-CC-000469-0001-01 Delancy, Keziah Defendant 02/27/2025 CC County Civil > $15,000 - $30,000 Disposed
11-2024-SC-002773-0001-01 Delancy, Keziah D Defendant 08/26/2024 SC Small Claims > $5,000 - $8,000 Pending
11-2024-SC-002678-0001-01 Delancy, Keziah D Defendant 08/14/2024 SC Small Claims > $2500 - $5,000 Disposed
11-2024-CC-001931-0001-01 Delancy, Keziah Defendant 08/13/2024 CC County Civil >$8,000 - $15,000 Pending
11-2024-CC-000555-0001-01 Delancy, Keziah Defendant 03/15/2024 CC County Civil > $15,000 - $30,000 Disposed
11-2024-CC-000551-0001-01 Delancy, Keziah Defendant 03/15/2024 CC County Civil > $15,000 - $30,000 Disposed
11-2023-CC-002488-0001-XX Delancy, Keziah Defendant 11/27/2023 CC County Civil > $15,000 - $30,000 Disposed
AMEX CARDS....charged-out to the MAX...unpaid...NAPLES SHERIFF SAYS.... "JAKE NOCH AVOIDS and EVADES BEING SERVED LEGAL PROCESS"...it's in the court's records in writing.......yeah.....sign up for some PENNY SCAM run by these hustlers...sure....go for it....what could possibly go wrong......
+++++++++++
This ticker is DEAD.....EXPERT MARKET TRASH....going absolutely nowhere.....thee end :))