Power Sports Factory (fka PSPF)

[bigfish1972]

Well, looks like Leslie Howard, aka George Sharp, has allegedly duped a lot of PSPF investors. Check out this from abuseoflaw site:

Based on information emailed to us on April 9, 2012, we are investigating the creation of the following sites:

PENNYSTOCKDAYTRADES.COM
DAYTRADINGPENNIES.COM
PENNYDAYTRADES.COM


and their recent ownership change from First Mircrocap Report, LLC to Market Broadcast, LLC. Strangely enough, the account used to set up all of these domains on February 20, 2012 was done by First Microcap Report LLC c/o Leslie Howard with an email address of [e-mail]. This is the same email address used for the pumpsanddumps.com website. That same day, after realizing the world could see the connection between the two, the ownership of all three newly formed sites was mysteriously changed from First Microcap report, LLC to Market Broadcast, LLC.

So far there is very little to find out about Market Broadcast LLC other than it is a newly formed (3-27-12) Nevada LLC and its members are not due to be announced until April 30, 2012. Strange that the conversion of ownership of the three above sites changed to this newly formed LLC before the LLC had ever been established. As we all know, this is a clear violation of ICANN rules. Also, on April 1, 2012 Market Broadcast, LLC publicly announced their intent to seek support from other shareholders of Power Sports Factory, Inc. (Read Full Announcement)



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To add to all of this confusion, on March 22, 2012 Pumpsanddumps.com tweeted that everyone should be careful about getting involved with this new pump PSPF.


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He also sent out an email blast to his readers saying the same. These announcements sent the stock price plummeting until an anonymous investor stepped in and started buying at the low.


From March 20, 2012 and March 23, 2012 PSPF traded in a range of .002 to .011 on record volume of over 14 million shares. This information can be confirmed by on the links above or by going to www.bigcharts.com and doing a historical price/volume search. (its FREE)


Within hours it is appears that with the newly acquired shares of PSPF, George Sharp/Helischauer's alter ego Mr. Leslie Howard sent out an alert to buy PSPF. The stock skyrocketed and had record volume that day into the 23rd reaching a high of .011. According to the Leslie Howard disclosure he states that he owns 1,250,000 at .0051. Nice synthetic and manipulated return of 100%. Although this author is not expert, this activity clearly resembles front running and market manipulation. We have submitted our findings to the SEC and one can only hope that they stop this egregious activity from continuing.



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A few days later, another Tweet was sent by pumpsanddumps.com but this time in what appears to be an attempt to contact the former CEO of PSPF Mr. Shawn Landgraf. The tweet requested that Mr. Landgraf contact [e-mail]. As we all know George Sharp/Helischauer/Leslie Howard uses this email address and Clipper CP is his former company Clipper Corporate Partners. (UPDATE: This is funny as hell, on 4/10, George takes down Tweet CLICK HERE)


If George is not affiliated with pumpsanddumps.com and firstmicrocapreport.com as he adamantly claims, then why is he sending tweets from the P&D Twitter account asking the CEO of a company being targeted to contact him at [e-mail]? Am I missing something? How can he explain this error? Is George going to claim he accidentally hacked into the P&D Twitter page? I think not! (UPDATE: This is funny as hell, on 4/10, George takes down Tweet CLICK HERE)


Another strange fact is that George Sharp/Helischauer/Leslie Howard sent out the press release on April 1st in an attempt to solicit shareholders of PSPF. For someone who proclaims to have such a brilliant legal mind, it is shocking that he would make such a clear violation of SEC proxy rules.


We are continuing our investigation and will report our findings as they happen. Again we want to say "Thank You".


Posted by Abuse of Law at Tuesday, April 10, 2012


I really hope that nobody gets hurt here too bad.