Tag Archives: Costa Rica jail

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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