Man Jailed for Defrauding Michigan Investors in 2014 was Connected to Noveshen’s Penny Stock PNOW

Thanks to all from the press freedom convention who helped with our new encrypted drop. We are pleased that it has offered more identity protection to sources who wish to remain anonymous. Similar programs are used by internationally recognized press organizations who expose wrong doing in war zones, governments; legal systems; business operations and more.

Today we feature one product of the system that automatically encrypts identifying information.

According to our source, and fact checking, many at micro cap stock Pure Hospitality Solutions, PNOW, claimed the company was not connected to Pat Hundley who was jailed in 2014 in Costa Rica for allegedly defrauding close to $7-million from Michigan investors. PNOW was formerly called  OTHM before it changed its symbol in Fall 2014. Eric Noveshen is a consultant to the stock though he claims for purposes of a lawsuit against this website not to be. Much like OTHM claimed to have no affiliation with Patrick Hundley after his arrest.

PNOW reportedly ran between five to eleven pump and dump stock scam cycles in the last decade.

Ken Chua, the Chairman and CEO at the Time of signing this document, was sanctioned by the British Colombia Securities Commission in August 2014 and later resigned his position to Melvin Pereira, who remains the CEO today.  The BCSC commission found that Ken Chua “continues to pose a risk to our investors and our markets.”

This document proves a connection between Hundley, Pereira and Chua.

Man Accused of Fraud Against Michigan Investors

Scamming Money from Family for over Ten Years

Of all the warnings about financial mingling with Eric Noveshen this one is the most important, never loan him money. He will use the courts improperly or bankruptcy to avoid repaying his debts. Even to family.

One example, Paul Carter, Father of Noveshen’s ex-wife, Christina Roberts, loaned Noveshen $10,000. Noveshen gave Paul Carter a bad check (he has a long history of bouncing checks that could encompass more than one blog). 

Instead of making good on the check to the Grandfather of his only child at that point, Noveshen included Paul Carter in his 2005 bankruptcy filing to avoid paying him all together.

Real solid family man or putz? You decide.