WO Group Inc. (fka PAPA)

[xtremezz]

Papa Bello: just another Jim Wheeler scam

Let's see what we can learn from the CEO's past. Motivated by buccaneer's post about ABF (American Bath Factory), which has been deleted in the meantime, I decided to have a look around:

On this website, you'll find a few complaints, one of which was really interesting:

I have been trying to recoup $5000 that I invested with Greenlink Interactive which is a PODS system that Jim Wheeler has been marketing through this company, Greenlink Interactive/Supernova Resources, Blow Me Away Media and Papa Bello.

This led me to Supernova Resources. Please review the discussions here, and, of course, do have a look at the stock's chart:



The company is now stuck at 0.0001, so game over. Before SNRR, Wheeler was involved in PLBI, another stock which he subsequently dropped into oblivion in 2009. Please note the nice start of the year for PLBI and how it slowly bleeds to death, not too dissimilar to our chart so far:



You'll also note a nice spike at the end of the year: indeed PLBI has been the subject of many pumps, one is going on right now.

That's just the scams I've been able to uncover. He has a habit of profusely engaging in conversations with worried investors,stringing them along until he pulls out the plug and moves on to the next carousel.

There's only two types of people recommending to buy right now:

1. Those who have no knowledge of the CEO's background and are digging themselves into a deep hole based on misplaced faith
2. Those who are well aware of the CEO's background and who encourage people to buy so he can offload shares and rip off investors for the umpteenth time; He has, after all, been doing it successfully for years.

If you're in at a big loss, do not average down, you'll only lose more money. Either sell for a tax loss, or hope (never a good thing) that a promo group will pump this up so they can attract more victims, to whom you'll subsequently sell your shares.