Ultimate Sports Inc (PK) (USPS) Share Price

The complaint seeks an injunction, an officer-and-director bar, a penny stock bar, and civil penalties against Campo.

Enforcement and Litigation Litigation Releases Juan [a/k/a John] Campo
Juan [a/k/a John] Campo
U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 26058 / July 26, 2024

Securities and Exchange Commission v. Juan [a/k/a John] Campo, No. 1:24-CV-2198 (D.D.C. filed July 26, 2024)

SEC Charges Ex-CEO of View Systems, Inc. with Securities Fraud for Falsely Claiming the Company Was Engaged in Business Operations that It Was Not

https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26058

BUYER BEWARE!!! “SEC charges “Juan Campo” of View Systems with securities fraud”

Juan Campo is CEO of USPS. It’s been stated that USPS was going to acquire Sannabis. Campo lied about Sannabis operations. READ BELOW.

The Securities and Exchange Commission (SEC) charged Colombian resident Juan Campo, the former CEO of View Systems, Inc., with securities fraud on July 26. The SEC alleged that Campo (also known as John Campo) created the false impression that Colorado-based View Systems was actively engaged in two potentially lucrative lines of business, temperature screening for Covid-19 and cannabis. In addition to that the SEC claimed that Campo included a fake audit report in the SEC filings.

The SEC complaint stated that between July 2019 and July 2022, Campo claimed that View Systems had acquired Sannabis S. A.S., a Colombian cannabis company when Campo knew that View Systems had not, and never did, complete this acquisition.

View Systems
View Systems was a Colorado company but had its base in Maryland and used the ticker symbol VSYM until the SEC revoked its registration for not filing financial statements. The company started in 1999 with a product that could detect concealed weapons called ViewScan. However, by 2016 it had stopped manufacturing any products and by 2018 had licensed its View Scan to a third party. In July 2019, Campo joined View Systems as President and CEO even though it had virtually no revenue-generating business.

View Systems’ 2019 10-K states that its total revenue for 2019 was just $1,400. View Systems’ annual report on Form 10-K for 2020 still only claimed total revenue of less than $3,000 for 2020.

The SEC complaint states that in July 2019, View Systems issued a press release saying it was going to buy a Colombian company founded and co-owned by Campo called Sannabis, S.A.S. View Systems claimed Sannabis was a “Medical Marijuana Pioneer” that had purportedly obtained “medical marijuana licenses for seed propagation, cultivation, transformation, and export.”

False statements
The SEC says that Campo made numerous false statements about the acquisition in press releases, Twitter (now X) posts and at least one SEC filing. Campo also claimed that Sannabis was growing cannabis when it wasn’t. In reality, the SEC claimed that Sannabis’ business was limited to making and selling cosmetics and creams made from hemp seed oil. Sannabis had applied for licenses from the government of Colombia that would have allowed it to grow cannabis, but it did not obtain the licenses until at least 2021.

Another false claim that Campo pushed was that Sannabis had a distribution agreement with a cannabis licensee in Uruguay.

Even though Campo was admitting in some SEC filings that the acquisition never closed, he was saying the opposite in press releases. As the company issued these press releases, the penny stock jumped in price. It was aided in the quest by a website called EmergingGrowth.com and PennyStockDream.com that published articles touting the press releases and acquisition plans.

https://www.greenmarketreport.com/sec-charges-juan-campo-of-view-systems-with-securities-fraud/

124,206 shares - Total July volume

Are USPS financial statements TRUE OR FALSE???

If Campo lied as CEO of VSYM, did he lie about USPS acquiring Sannabis?

Did Gunther Than know about his lies?

Wonder if any civil lawsuits will be filed against Campo?

Gunther Than was CEO when this acquisition started. How does he escape penalties Mr. SEC???

I never made sense that the acquisition took so long to finalize.

How many suckers financially staked $USPS and $VSYM.

1manband Friday, July 26, 2024 3:09:06 PM Post# of 37070

SEC Charges Ex-CEO of View Systems, Inc. with Securities Fraud for Falsely Claiming the Company Was Engaged in Business Operations that It Was Not

Securities and Exchange Commission v. Juan [a/k/a John] Campo, No. 1:24-CV-2198 (D.D.C. filed July 26, 2024)

https://www.sec.gov/files/litigation/complaints/2024/comp26058.pdf

On July 26, 2024, the Securities and Exchange Commission charged Colombian resident Juan Campo, the former CEO of View Systems, Inc., with securities fraud for creating the false impression that View Systems was actively engaged in two potentially lucrative lines of business, temperature screening for Covid-19 and cannabis, and for including a fake audit report in a View Systems SEC filing.

The SEC’s complaint, filed in the U.S. District Court for the District of Columbia, alleges that from July 2019 through July 2022, Campo made and disseminated numerous false statements in View Systems press releases, the company’s Twitter account, company filings with the SEC, and on the company’s website. As alleged in the complaint, Campo falsely and repeatedly represented that View Systems had acquired Sannabis S.A.S., a cannabis company, when Campo knew that View Systems had never completed this acquisition. The complaint also alleges that in late 2020—during the height of the COVID-19 pandemic—Campo falsely represented that View Systems had developed a real time temperature screening product, when Campo knew View Systems had no such device, and could not build one unless it raised additional capital. In addition, the complaint alleges that in July 2022, Campo signed and certified View Systems’ 2020 annual report which falsely represented the company’s financial statements had been audited and included a fake audit report.

The SEC’s complaint charges Campo with violating the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder and the certification provision of Exchange Act Rule 13a-14. The complaint also charges Campo with aiding and abetting the company’s violations of the company reporting provisions, Exchange Act Section 13(a) and Rules 12b-20, 13a-1, and 13a-13 thereunder. The complaint seeks an injunction, an officer-and-director bar, a penny stock bar, and civil penalties against Campo.

The SEC’s investigation was conducted by Ashley Sprague and Sachin Verma, and supervised by Lisa Deitch, Peter Rosario, and Stacy Bogert. The case will be litigated by Devon Staren, and supervised by Christopher Bruckmann. The SEC appreciates the assistance of the Financial Industry Regulatory Authority.

View Systems falsely claimed to have acquired Colombia cannabis company Sannabis”

https://www.greenmarketreport.com/sec-charges-juan-campo-of-view-systems-with-securities-fraud/

Today’s total volume was Selling: 124,206. HOD .0074, LOD 0031.

$100 trade, $0.025 Ask.

1000 share trade at $.0186.

This stock has less than 30 Followers. It hasn’t traded 1 share in days.

Better hope some wallstreetbets meme lord don’t lock up this micro float just for the lolz

USPS SECURITY DETAILS
Share Structure

Market Cap Market Cap
1,036,814
05/15/2024

Authorized Shares
50,000,000
05/03/2024

Outstanding Shares
29,623,250
05/03/2024

Restricted
13,819,650
05/03/2024

Unrestricted
15,803,600
05/03/2024

Held at DTC
7,698,134
05/03/2024

Float
9,823,600
02/15/2024

Would probably be dollars not cents if they did. Can’t get a sizable bid fill for months. This one’s tight.

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.

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

$USPS Ultimate Sports business model is MEDICAL.

Name implies otherwise. NO WEBSITE.

Does Management have enough money to file for a name change?

Volume 806, .0244.

Whopping 24 Followers.

Spread for $USPS is ridiculous: .01/.0244. Beware of news releases that pump the stock.

The SEC has a dislike for current management. The stock is vulnerable to DELISTING for false news.

.01/.03 Bid/Ask.

$USPS .02 Bid, 93,000 shares.

VSYM (fka) View Systems said it was going to merge with Sannabis.

That story went on for at least 2 years. Then USPS said it was going to acquire Sannabis. USPS management is the same management as View Systems. BUYER BEWARE.

USPS hasn’t traded 1 share since April 2.

“@ViewSannabis $USPS is now Pink Current on OTC Markets. Working on Form 211 with B/D…USPS - Ultimate Sports Inc.”

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

https://x.com/sannabisusps/status/1777664320517677301?s=46&t=SJT5_R2ZICQG5rZ6P1_6JA

$USPS

https://www.otcmarkets.com/otcapi/company/financial-report/396781/content

BUYER BEWARE!!! Volume 120, $0.064 Ask.

This company can’t even change it’s name to reflect it’s business model.

.02/.0645, Bid/Ask. Who buys at .06 with .02 Bid?

A scammer.

Sham, small trades in $0.06 area.

What is company revenue? Sannabis has been operating for years and revenues have NEVER been released.

Mar 27 $VSYM $USPS has posted current disclosures to become Pink Current anytime. The plan is the same, to develop @SannabisUSPS to be able to potentially finance $VSYM re-registration of shares o/s to produce in-demand ViewScans.
https://otcmarkets.com/stock/USPS/disclosure

SCAM 500 share trade at $0.0665. #USPS

Gotta love a 16,000% day =)

$USPS

https://x.com/sannabisusps/status/1770508234194874529?s=46&t=SJT5_R2ZICQG5rZ6P1_6JA

$USPS

USPS SECURITY DETAILS
Share Structure
Market Cap Market Cap
11,849
03/19/2024
Authorized Shares
50,000,000
03/04/2024

Outstanding Shares
29,623,250
03/04/2024

Restricted
13,819,650
03/04/2024

Unrestricted
15,803,600
03/04/2024

Held at DTC
7,698,134
03/04/2024

Float
9,823,600
02/15/2024

Expert Market to Pink Limited today.

May18, 2023 .0002, 3000 shares.

VivaSannabis, what is the Bid/Ask spread now?

You said it would tighten up, and I didn’t know what I was talking about?

Expert Market on May 1, 2023. ?? $USPS

??0.0800
Pink Limited, AS: 50M, OS: 23M, US: 9.8M

Tier Updated:
?? Pink Current Information
?? Pink Limited Information

Chart, OTC Profile, Twitter, @otcupdates

Update: 2023-04-04 05:46:37 (UTC)


?? $USPS

??0.0520
Expert Market, AS: 50M, OS: 23M, US: 9.8M

Reporting Standard Updated:
?? Alternative Reporting Standard
?? Dark: Alternative Reporting Standard

??Dark or Defunct Badge Added

Tier Updated:
?? Pink Limited Information
?? Expert Market

Chart, OTC Profile, Twitter, @otcupdates

Update: 2023-05-01 07:20:34 (UTC)

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

USPS now Expert Market:

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

yep, https://www.otcmarkets.com/stock/USPS/overview

Scampo alert. Scam.. Fraud. LIES.

There is no Bid/Ask - it's on the Expert Market...

Scampo Scam alert

My Level II didn’t show anything but Bid/Ask said .04/.0999.

What's the Bid/Ask now?

.04/.0999. .052 Bid trade yesterday, size 200.

VivaSannabis said last year that spread would tighten up.

Well, current Bid/Ask is .052/.0999. Bid 2 days ago was .02+.

As is the Stock itself.

GTSM .05 Bid is FAKE.

Bid had been .02, today .05. No volume.

Shows that bid support is WEAK.