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PennystockChaser aka @stockchaser Web Archives $PSC
http://web.archive.org/web/20100102132432/http://pennystockchaser.com/
http://web.archive.org/web/20100102155952/http://pennystockchaser.com/disclaimer/
> SEC shuts down PSC - Penny Stock Chaser
http://investorshub.advfn.com/boards/board.aspx?board_id=18185
-SEC PSR Complaint
http://www.scribd.com/fullscreen/33719372
-SEC Charges Two Canadians With Fraudulently Touting Penny Stocks on a Website, Facebook and Twitter
http://sec.gov/news/press/2010/2010-114.htm
-SEC has obtained an emergency asset freeze against a Canadian couple who fraudulently touted penny stocks
http://sec.gov/litigation/litreleases/2010/lr21580.htm
> Tim SYkes post on PSC
http://www.timothysykes.com/2010/06/pennystockchaser-twitterfacebook-stock-promoters-busted-by-sec-assets-frozen-see-their-pics-photos/
http://www.timothysykes.com/2011/03/the-sec-freezes-this-penny-stock-promoters-assets/
> Interesting that PennystockChaser also was promoting "WDRP" in Feb 2010 and now "IAB Media" also got caught with stock manipulation.
http://www.prlog.org/10535516-wdrp-our-twitter-linek-was-all-over-this-story-sourced-pennystockchasercom.html
http://www.free-press-release.com/news-happy-valentine-s-day-everyone-psc-twitter-is-showing-you-some-love-win-100-shares-of-tiffany-co-sourced-pennystockchaser-com-1266164251.html
> PennyStockRyder connections with PennystockChaser ? taking over @stockchaser - see Ihub post
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53677962
as you can see in the Picture below and on his twitter account the coordinates of PennystockRyder
=> 45.495882,-73.5811221 where is it ? well it's in Montreal :)
$PSC
$SEC
$IAB
( IAB Family Tree ihub board )
really?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53971679&txt2find=psc
Posted by: BEIJING BILL
Date: Wednesday, September 01, 2010 7:16:20 PM
In reply to: joel0111 who wrote msg# 76595 Post # of 76705
DANO from psc building home: picture.
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PSC, PennyStockChaser, was a penny stock promotion company touting their picks for about a year.
The SEC has shut them down.
“As alleged in our complaint, McKeown and Ryan used all the modern methods to communicate with investors
including the PennyStockChaser website, e-mail, text messages, Facebook, and Twitter
yet failed to adequately communicate that their rosy predictions for touted stocks were
accompanied by their sales of those very same stocks.”
said Eric I. Bustillo, Director of the SEC’s Miami Regional Office.
| "The agency charged a Canadian couple, Carol McKeown and Daniel F. Ryan,with four counts of fraud for using their Penny Stock Chaser Web site and Facebook and Twitter feedsto promote a half-dozen companies’ stocks.What the two did not disclose to their followers, according to the complaint, filed in federal court in southern Florida,is that they were regularly selling shares in the companies they were hawking, a practice known as “scalping.”" | "According to the S.E.C.’s complaint, Ms. McKeown and Mr. Ryan began Penny Stock Chaser in the spring of 2009, promoting themselves as a husband-and-wife team that led a group of skilled stock pickers. Over the past year, their firm touted the stocks of at least 65 American companies. (The S.E.C. is pursuing the case in Florida because many of the couple’s trades were made in Boca Raton, although they were based in Montreal.)" |
| the new york times piece quoted above. |
| "The agency contends that the duo received "millions of shares" of the touted companies through their two corporations, Downshire Capital Inc. and Meadow Vista Financial Corp., as compensation for touting stocks, then sold the stocks while the website simultaneously predicted massive price increases. The SEC says the couple and their companies have likely realized at least $2.4 million in sales proceeds from the scheme." from the wall street journal write up. | "The government is seeking injunctions against the two, along with the disgorgement of ill-gotten gains, plus interest and a fine as well as penny-stock bars against them and repatriation of assets to the government. " |
| sec complaint | montreal gazette |
| sec press release | timothy sykes |
| Litigation Release No. 21580 | the street |
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