Category Archives: Business Partners

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.

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Man Accused of Fraud Against Michigan Investors

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Noveshen Practices First Amendment Rights, Doesn’t Want You To

In 2011 many people were excited about Florida Micro, a Florida based IT and technology company, that was going public. Especially Eric Novehsen who thought his then friend Daniel Jacobs would let him run the company. This would have given Noveshen some legitimacy but his negative financial reputation preceded him. Friends don’t let friends run their companies into the ground, so Jacobs made Barbara Hughes the CEO. This angered Noveshen so he went on a tirade about Jacobs and Florida Micro trying his best to shed a negative light on Daniel Jacobs and the company. He also said some pretty awful things to Hughes and about Hughes.

The irony, Eric Noveshen thinks it’s OK for him to complain about wrongdoings of others in the financial industry, but he runs to court and complains when anyone dare comment on Noveshen’s laundry list of financial frauds.

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Noveshen Current & Past Business Partners

A handful of Eric Noveshen’s current and past business partners. Some are on the up and up, fraudsters often ride the coattails of solid business people. Others are not so trustworthy it’s for investors to decide.

Automatic Slims partner (circa 2008) 

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With Jeffrey Rubin, former partner Automatic Slims

Stock consulting/funding partners

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Stock consulting team, Simulated Enviornment Concepts: Israel Bornstein, Eric Noveshen, Ajene Watson. And Edoorways:

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Envision Food’s ‘Del Mar Cosi’ & ‘Envision London Square’ Agent

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Envision London Square Kitterman

Christina Kitterman, former attorney at Scott Rothstein’s law firm. Kitterman is serving a five year jail sentence for fraud. Kitterman was the business attorney for Noveshen and listed as the registered agent for two of Noveshen’s companies, Envision Foods and Envision London Square. Both companies are now defunct.

Business associate 

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Corey Ribotsky, former head of NIR

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