Atlantic Power & Infrastructure Corp. (AWSL)

[BigBadWolf]

Expose to soon follow so hopefully the investing public was watching the pre-market T-trades & the appearances of some new MM's DINO Dinosaur Group, international banking and securities firm. while so called dilution MM's $$BMAK $$BKRT handle Certificates with a little help from their friends $$MAXM & $$CANT

Trahan just like you supposedly did not know of the Penny Stock Chaser Promo all about checking flight manifest eh

http://www.sec.gov/litigation/litreleases/2010/lr21580.htm

According to the SEC's complaint, McKeown and Ryan received millions of shares of touted companies through their two corporations, defendants Downshire Capital Inc., and Meadow Vista Financial Corp., as compensation for their touting

http://www.sec.gov/litigation/complaints/2010/comp21580.pdf
http://dealbook.nytimes.com/2010/06/29/s-e-c-sues-2-penny-stock-promoters-for-scalping/?_r=0

Atlantic Wind & Solar, a West Virgina-based solar energy company, which garnered $780,600 in net proceeds;
MSE-Enviro-Tech, a Delaware-based fire suppressant maker, whose stock gained the two $240,000 in net proceeds.

The proclamations of Penny Stock Chaser — along the lines of “You cannot own too much of a good thing … THE ONLY ADVICE WE HAVE IS TO BUY BEFORE THE CROWDS” [sic] — appear to have tremendously swelled trading in the stocks the company touted.

Trading volume in Atlantic jumped from 13,812 shares in July 2009 to more than 1 million shares on Oct. 22, 2009, the month Penny Stock Chaser began its promotion.

The stock price spiked too, rising from 70 cents a share on July 22 to $4.84 a share on Oct. 22, before falling to $2.70 days later.

Meadow Vista had received about 430,000 shares of Atlantic between Sept. 1 and Jan. 27, and sold about 84 percent of its holdings for between $1.49 and $3.37, according to the complaint.

— Michael J. de la Merced

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