Capitalsouth Bancorp fka CAPB

[Renee]

CAPB: inactive security. FINRA deleted symbol.

https://otce.finra.org/otce/dailyList?viewType=Deletions

[Renee]

CAPB SEC Suspension "due to a lack of accurate and adequate public information about the companies because questions have arisen as to their operating status, if any."

https://www.sec.gov/litigation/suspensions/2021/34-92362.pdf

Order:

https://www.sec.gov/litigation/suspensions/2021/34-92362-o.pdf

[Awl416]

Waiting for m1999 to poke its head in here

[kranthikumar]

CAPB is up by 100%

[buxmaker]

Interesting action in CAPB today. 120K sitting at .05 to buy.

[jip53]

what's up with the volume this week, any news here!?

[ionmed]

http://www.otcmarkets.com/stock/CAPB/quote" rel="nofollow" target="_blank" >http://www.otcmarkets.com/stock/CAPB/quote

[ionmed]

CAPB + 167,77

[ionmed]

CAPB +167,77%

[ionmed]

0.03 0.02(100.00%)

[ihogan]

Looks like there are only 4.2 million shares out. Wonder what the float is.

[ihogan]

On July 27th 2011 this ran from .015 to .40 on only 1.47 million volume.

[ihogan]

up 233% on only 60,000 volume. imagine what real volume would do to this

[ihogan]

.10 up now! this is so thin. wonder whats going on

[jip53]

lets go! ,like you said this moves fast ,wish we'd get some news or new filings! look out!

[ihogan]

.05 up!

[ihogan]

CAPB ask getting hit hard now

[ihogan]

.035 hit, up 108% amazing how fast this can move. low floater, more volume and this will go quick

[ihogan]

CAPB seeing some action today

[ihogan]

Share structure here is amazing. Float is tiny, on july 27th it only took 1.4 million volume to take this to $0.40. That was over a 1000% gain. The share structure hasn't changed since then. If whoever has that 1.2 million block on the bid starts hitting the ask this is going to move up fast.

[jip53]

like your idea!,i think this one should do well,great share structure and 15-12G filer!

[ihogan]

I'm taking it as someone knows or at least has some information (enough that they'd be willing to put $30k on the line) that something good is coming. I can't see any other reason why someone would want to buy that many shares.

[jip53]

what does it mean?

[ihogan]

1.2 million block is back on the bid. The O/S is only 4 million that could be close to the entire float.

[ihogan]

There was a 1.2 million block on the bid today at .026. Thats $30,000. Hmmmmmm

[Jronpar]

Yep, Read the latest Pumps and Dumps email

PUMPs & dumpS

Red Flagging DANGERS In The Penny Market



Touts: The Seedy Side of Being A Stock Pimp



August 1, 2011: Our distaste for touting worthless penny stocks is no secret. In fact it's our raison d'être. The fact that most of these ponzi schemes are somewhat legal is beyond us, but eventually most of these touts will go beyond toeing the proverbial legal line.



Case in point: On July 27, 2011, The self-anointed Stock Psycho at PennyStockAlerts.com disseminated an email to his subscribers pounding the table on CapitalSouth Bancorp. (CAPB).



Good morning everyone.

If you're foaming at the mouth half as much as I am about this new pick, you probably want to get right to it. There's a heatwave, are you sure you don't want to talk about that first?

Okay then, let's get to it!

Today's alert is CAPB - CapitalSouth Bancorp



The entire email can be viewed by clicking here. The excerpt from the email that was designed to whet everybody's appetite:



In the first quarter of 2010, CAPB had a net loss of nearly $47.9 million. In the first quarter of 2011, CAPB had a net income of $289 thousand.

CAPB went from a LOSS of $47.9 million to a net INCOME of $289 thousand!



Talk about a company that's turning it around and seems to be getting healthy. In a down economy for banks they've managed to successfully sell off some of their branches in order to strengthen their capital position in this market.

Then they dropped some brand new news just YESTERDAY...

http://www.capitolbancorp.com/press/release_2011_07_21.pdf



The problem is that all of this good news belongs to Capiol Bancorp, Ltd. (CBCR) not CapitalSouth Bancorp (CAPB). And no, there is no way to mistake this. Certainly not for a "Penny Psycho" who earns a living offering stock tips. And certainly not when the proper stock symbol is part of the news headline.



CapitalSouth, which delisted in March of 2009, only remains as a public shell, meaning that there are no assets associated with the public company. The stock had been trading sporadically in the penny range for well over a year. Until the Penny Psycho decided it was time to divest himself of his holdings.



On the day of the email, the stock instantly gapped up 2000% to 40 cents, before settling back to close at 11.3 cents on volume of 1.4 million shares, more stock than had traded in the previous year. The Psycho made a pile.



Regrettably, we didn't pay attention to the email until the end of the day, when we usually study the dozens of offerings we receive during the course of the past 24 hours. Had we realized the scam sooner, we would have put out an instant alert. But since the damage was already done, we decided to wait and see what the Stock Psycho would do. And we got the answer. Nothing. We had over four dozen emails from various addresses sent to the Psycho, pointing out the "confusion" in bank names. There was no retraction forthcoming. There was no apology. There was only the next pump (NYXO).



We label the Stock Psycho at PennyStockAlerts.com, its owner IPR Agency, LLC and its publisher Ryan Franks criminals. And we've sent this to the SEC. We strongly urge all hurt by this scam to do so as well.



And this is why you should not pay attention to the touts. We are not painting all of them with the same criminal brush, but we are saying that none of them has your best interests at heart. They are there for their clients, who pay them to pimp their worthless stock. The deck is highly stacked against you.



Be careful out there!



www.pumpsanddumps.com

[ihogan]

The ask just got very thin here, next up .11

[ihogan]

Some big buys just came in at .05-.07

[Volks57]

P&D

[ihogan]

Just updated the IBOX and put a warning about what happened today with CAPB and CBCR. Pump and dumps are typical with penny stocks but the way information was falsified in that promotion was something else.

Anyways if anyone wants anything else added to the ibox let me know.

[onemessageonly]

It is completely sad. Not sure why this one bugs me so much. I guess because it completely dismisses the incorrect information. Feel sad for those that fall for these things.

[Peggy]

Got the below from the widgets at StockPsycho. It is going to make you want to throw up.

Does anyone know exactly what happened here? Ameritrade showed this opening at .015 and within minutes going to .40. Of course very few if any could have gotten in at that level. And anyone who chased the pps probably got torched when it fell to around .11 by EOD.

What an absolute scam! email follows:

++++++++++

Well then, that was quite a day!



How'd we do? Well CAPB was at 1.5 cents when I sent the alert. Then it opened at 1.8 cents, from there CAPB proceeded to fly to 40 cents!



That's an insane gain of 2567% in one day!



That means in theory you could have bought $10,000 worth of CAPB at 1.5 cents and sold it for over $266,000 in the same day!



In reality that wouldn't quite be possible, but it does show how powerful the right pick and good timing can be.



As I predicted in my texts and tweets, CAPB definitely was the...BIGGEST GAINER IN THE ENTIRE MARKET! Even with their closing gain of 653%, CAPB was by a mile the biggest gainer in the market.



We CRUSHED it! In fact, the next big gainer that traded substantial volume only gained 83%, compared to our 653% :)





Let's keep up this amazing momentum with my next alert. If you missed CAPB today, don't worry. More winners are on the way.



Today I've got a nice new one for you in the smoldering hot copper business. This one may just be an early bird opportunity on a potentially large runner in a booming industry.



You're gonna want to see this!



Send it out in a few hours. Talk to you soon. Congrats on a most amazing day!



P.S. If you want to be extra nice and hook me up you can go to my blog here and facebook "like" it, google +1 it, or tweet it! Helps us get more readers, which means more potential buyers for these alerts, which can fuel more gains. Also, feel free to look around my site and like, plus 1, and tweet any of my other pages! Thank you very much ;)



PSA - Penny Psycho



www.pennystockalerts.com

Don’t ever invest based on what I say, do your own research and consult with a licensed professional before investing, only invest what you are prepared to lose. Any statements and opinions given are amateur and biased and should be treated as such. Past performance does not indicate future performance in any way. Check the latest SEC filings before investing, and research other information on the risks of investing in low priced companies at www.sec.gov

READ IMPORTANT DISCLAIMER

Disclaimer – This newsletter is owned, operated and edited by IPR Agency LLC, a California Limited Liability Company. Any reference to "we" or "our" refers to IPR Agency LLC. By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory nature. Always do your own research and consult with an licensed investment professional before investing. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website. We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on EOD or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. We are often compensated to conduct investor relations services for the profiled companies by the company itself or by third parties. We were not compensated in any way for this alert on CAPB, and we do not currently own any shares. All of this compensation is a major conflict of interest in our ability to be unbiased. Therefore, this newsletter should be read as a commercial advertisement only. The third parties, company, or their affiliates may wish to liquidate shares at or near the time you receive this email, which has the potential to hurt share prices. We never own a position in the companies discussed in our alerts unless otherwise stated in this disclaimer. Our emails may contain forword looking statements, which are not guaranteed to materialize due to a variety of factors. We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our email newsletters and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information in our disclaimers is subject to change at any time without notice. See full disclaimer at pennystockalerts.com/disclaimer

[MrsPennyStocks]

CAPB was the winner at Penny Stock Rumble today

[mtp]

SEC Filings: www.sec.gov
Interesting Info on yahoo Finance: Major Holders

Add this to the link to their own PR from PsychoPennies (dated a week ago, but pyschopennies only comes out with the new "buy" ad today...: PR

And it all looks kinda interesting. The best part of the psychopennies was this snippet found at the bottom of the mass mailer: "Don’t ever invest based on what I say, do your own research and consult with a licensed professional before investing, only invest what you are prepared to lose. Any statements and opinions given are amateur and biased and should be treated as such. Past performance does not indicate future performance in any way. Check the latest SEC filings before investing, and research other information on the risks of investing in low priced companies at www.sec.gov "

[ihogan]

Woah you see that 70k share bid show up at the end? i tried hitting the ask as soon as I saw that but didn't fill. Tomorrow could get very interesting, I think your in good shape judging by that end of day action.

[1geb]

wowawia!!!!!!!! what a CLOSE....dunno wth going on, this beast is on to something.....glTA and c u tomorrow!!!!!!!!!!!

[1geb]

wow! before the ink dries, lol....u never know but doubt a major dump in the last few minutes....ppl dont take that kind of chance, usually....but anything can happen in pinky land.....a quarter of a million worth....doesn't look like P/D and then again nobody knows....i am already in and want it to explode but that is only a WISH, lol!!

[ihogan]

It is possible, it would make an excellent shell. As for the dump, I'm waiting to see what happens the last few minutes. If it doesn't dump I may pick up some shares as a lotto play.

[1geb]

not only it is in good standing but it is also OTCQB compliant....is it possible somebody else bought it or something....if it were P/D, they would have crashed her, by now....as usual we dont know $%#@.....oh well, we will find out tomorrow.....

[ihogan]

CAPB deregistered a/o Mar 30, 2009

http://www.capitalsouthbank.com takes you to the iberia bank website and their phone number transfers to iberia bank as well

I spoke with someone at iberia bank and they said the "stock was no longer viable". Not sure exactly what that means.

It is interesting that the stock is still listed as in good standing and is still holding its gains, wish we could find more info on what is going on.

[budfoxfun]

Not sure what is going on, but very strange level 2's with my broker. Also, every one of my bids and asks have been skipped over. I might leave this one alone. Thought there might be a trade somewhere though.

[budfoxfun]

Not what is going on, but very strange level 2's with my broker. Also, every one of my bids and asks have been skipped over. I might leave this one alone. Thought there might be a trade somewhere though.

[mkinhaw]

Website connects you to Iberia Bank
if you click on it at otc mkts
even though it says
capital south bank
MK

[Sea J]

Are we sure...can't find any info on that

[mkinhaw]

Yes, puzzling
MK

[1geb]

y is it keeping the 660% gain, then...this is getting really confusing....seems no one knows for sure....

[mkinhaw]

Well, it looks like this doesn t really
exist anymore
was taken over by IBKC naz stock
currently at 53.00 dn 3.00
MK