PLWY was front loaded starting in early September and slowly manipulated up through twitter/trading groups.
Recently a paid advertisement (promotional piece) published on some newly created website site called cannanewsUSA.com was been added to the mix to assist in the manipulation of the zombie ticker
http://cannanewsusa.com/peoplesway
The domain was registered on 9/26/18 through a private proxy
The domain was registered on 9/26/18 through a private proxy
It was created for the mere purpose of manipulating the PLWY share price.
I think it would be a very safe bet to guess that the cannanewsusa.com site was created by the same people that front loaded PLWY ahead of the manipulation.
The cannanewsusa.com pump article for PLWY says "The paying party may own shares and may liquidate them during the promotional period."
http://cannanewsusa.com/peoplesway
but the disclaimer lists no paying party.
http://cannanewsusa.com/peoplesway
So that likely means that there is no paying party and whoever controls cannanewsusa.com owns shares which will be getting sold (liquidated) during the promotion campaign.
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PLWY is a revoked Nevada entity
https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=YYpePyYtg6LoSvaFWgnYfg%253d%253d&nt7=0
It hasn't done any public disclosures since 2014
https://www.otcmarkets.com/stock/PLWY/profile
Yes its website is still active but it looks exactly the same as it did 4 years ago only now it no longer functions because all of the flash player links are dead
http://www.peoplesway.com/home/peoplesway-home.asp
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Pretty straight forward - somebody front loaded and now they are manipulating the stock through a promotion done on some new website using bogus information so they can sell their front loaded stock to the people that are chasing the stock way up here at these inflated prices.
That is pretty much the text book definition of a pump & dump.
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