False information on this stock was simply copied and pasted from previous posts; there was absolutely no due diligence done. (As I noted yesterday, Nora Coccaro resigned from the company is 2008 and the company's current status is revoked.)
All the wild speculation and crazy runup was started by a single false post yesterday claiming that Nora Coccaro had taken over the shell:
Note the second paragraph ("The Nora lady is pretty big time ...") with all of its abbreviations and misspelling of Uruguay. That is simply copied and pasted from the middle of this post nearly 2 years ago:
The other part of yesterday's initial post that gave all the info about previous companies was simply copied and pasted from this post from January 2012:
Later in the day, another post was made regarding the share structure. Read the first paragraph. Notice the abbreviations and even the misspelling of the word "once" when it was meant to be "one" :
More than a million shares of this stock were purchased on 9/27/13. My trading software shows 250,000 shares bought @ .001, and 760,000 shares bought at .0011.
Absolutely nothing has happened with this company, other than the false post on Ihub to start the frenzy.
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