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Starting to move
SEC Charges CEO and Paid Promoter With Fraudulently Promoting Stock of Las Vegas Health Products Company
FOR IMMEDIATE RELEASE
2016-178
SEC complaint
http://www.sec.gov/litigation/complaints/2016/comp-pr2016-178.pdf
Washington D.C., Sept. 6, 2016 — The Securities and Exchange Commission today charged the CEO of a sexual health products retailer and a paid promoter with orchestrating fraudulent promotional campaigns to tout the company’s stock.
The SEC alleges that Scott S. Fraser, who also was a major shareholder in Las Vegas-based Empowered Products Inc., separately ran a newsletter publishing business and hired Nathan Yeung to secretly help him promote Empowered Products through online newsletter articles purportedly authored by independent writers. But Fraser and Yeung actually authored, authorized, and distributed the rosy articles about Empowered Products themselves, working under such pseudonyms as “Charlie Buck” and then hiring other promoters to disseminate the promotions to their respective subscriber lists in exchange for fees. Meanwhile the promotions failed to disclose that Empowered Products and Fraser approved and paid for the advertisements.
“When promoters fail to disclose their relationship with a company they’re touting, they give investors a false impression that an investment recommendation is objective,” said Andrew M. Calamari, Director of the SEC’s New York Regional Office. “We allege that Fraser and Yeung deliberately touted Empowered Products without disclosing the company’s involvement with the promotions.”
The SEC’s complaint charges Fraser, his newsletter company Contrarian Press, and Yeung with violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 as well as Section 17(b) of the Securities Act of 1933. The complaint further charges Fraser with aiding and abetting violations by Contrarian Press, and seeks to hold him liable as a control person of the company. The complaint also charges Yeung with aiding and abetting violations by Fraser and Contrarian Press.
The SEC’s investigation was conducted by Tejal Shah, Alexander Janghorbani, Douglas Smith, and Sandeep Satwalekar of the New York office and Joseph Darragh of the Microcap Fraud Task Force. The case is being supervised by Lara Shalov Mehraban. The litigation will be led by Mr. Janghorbani and Ms. Shah.
###
https://www.sec.gov/news/pressrelease/2016-178.html
Yup. 510K:
http://www.accessdata.fda.gov/scripts/cdrh/cfdocs/cfpmn/pmn.cfm?ID=K152918
Starting to move after a lot of cold showers. :)
$EMPO
whats this... battery empowered products?
like dILDO's?
lol
EMPO Website: https://www.empoweredproducts.com/
$EMPO
.008x.013 spread. News will shoot her out the box with the low SS
$EMPO
So quiet over here
Loading the subbies!
Low SS huge price fluctuations. When she gets volume .10 easily doable IMO
$EMPO
Yes sir, pincher chart just waiting for it. 1000% possibilities here IMO
$EMPO
Volume will send this flying
Bids should start gaining traction to help push this beast up to where it should be
EMPO Shares Outstanding: 62,788,856 a/o Nov 12, 2013
$EMPO
.13 last week 1000% pincher possibilities. :)
$EMPO
Plenty of room still here. Getting more soon
EMPO RSI at 21.75
$EMPO
EMPO .0135 50ma at .09
$EMPO
$EMPO recent news/filings/charts
## source: finance.yahoo.com
Mon, 27 Apr 2015 12:28:34 GMT ~ EMPOWERED PRODUCTS, INC. Files SEC form 8-K, Other Events
read full: http://biz.yahoo.com/e/150427/empo8-k.html
*********************************************************
Tue, 21 Apr 2015 17:04:16 GMT ~ EMPOWERED PRODUCTS, INC. Financials
read full: http://finance.yahoo.com/q/is?s=empo
*********************************************************
Wed, 15 Apr 2015 19:28:24 GMT ~ EMPOWERED PRODUCTS, INC. Files SEC form 10-K, Annual Report
read full: http://biz.yahoo.com/e/150415/empo10-k.html
*********************************************************
Thu, 02 Apr 2015 19:23:52 GMT ~ EMPOWERED PRODUCTS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financi
read full: http://biz.yahoo.com/e/150402/empo8-k.html
*********************************************************
Fri, 23 Jan 2015 21:45:39 GMT ~ EMPOWERED PRODUCTS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financi
read full: http://biz.yahoo.com/e/150123/empo8-k.html
*********************************************************
$EMPO charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$EMPO company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/EMPO/company-info
Ticker: $EMPO
OTC Market Place: OTC Pink Limited
CIK code: 0001483935
Company name: Empowered Products, Inc.
Company website: http://www.EmpoweredProducts.com
Incorporated In: NV, USA
Business Description: OTC Markets | Official site of the OTCQX, OTCQB and OTC Pink Marketplaces featuring Free Stock & Bond Quotes, Trade Prices, Chart, Financials and Company News & Information for Investors, Companies and Traders - OTCMarkets.com (window.NREUM||(NREUM={})).loader_config={xpid:"UwMGWVdSGwQIU1RQAgQ="};window.NREUM||(NREUM={}),__nr_require=function(t,e,n){function r(n){if(!e[n]){var o=e[n]={exports:{}};t[n][0].call(o.exports,function(e){var o=t[n][1][e];return r(o||e)},o,o.exports)}return e[n].exports}if("function"==typeof __nr_require)return __nr_require;for(var o=0;od;d++)c[d].apply(u,n);return u}function a(t,e){f[t]=s(t).concat(e)}function s(t){return f[t]||[]}function c(){return n(e)}var f={};return{on:a,emit:e,create:c,listeners:s,_events:f}}function r(){return{}}var o="nr@context",i=t("gos");e.exports=n()},{gos:"7eSDFh"}],ee:[function(t,e){e.exports=t("QJf3ax")},{}],3:[function(t){function e(t){try{i.console&&console.log(t)}catch(e){}}var 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$EMPO share structure
## source: otcmarkets.com
Market Value: $879,044 a/o Oct 12, 2015
Shares Outstanding: 62,788,856 a/o Nov 12, 2013
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.001
$EMPO extra dd links
Company name: Empowered Products, Inc.
Company website: http://www.EmpoweredProducts.com
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=EMPO+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=EMPO+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=EMPO+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/EMPO/news - http://finance.yahoo.com/q/h?s=EMPO+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/EMPO/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/EMPO/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=EMPO+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/EMPO
DTCC (dtcc.com): http://search2.dtcc.com/?q=Empowered+Products%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Empowered+Products%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Empowered+Products%2C+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.EmpoweredProducts.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.EmpoweredProducts.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.EmpoweredProducts.com
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/EMPO
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001483935&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/EMPO/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/EMPO/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=EMPO&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=EMPO
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/EMPO/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=EMPO+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=EMPO+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=EMPO
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=EMPO
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=EMPO+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/EMPO/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=EMPO+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/EMPO.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=EMPO
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/EMPO/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/EMPO/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/EMPO
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/EMPO
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/EMPO:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=EMPO
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=EMPO
$EMPO DD Notes ~ http://www.ddnotesmaker.com/EMPO
did Scott and Suzanne dump their shares all at once??
lol...probably out of the country by now
I just want to avoid another BBDA scam! They have a product on the market and on the shelf in Walmart CVS and others but the CEO Brian weber has used me and all the other investors as a personal checking account since 2005.
Received one as well. I guess all past and present shareholders or anyone that signed up via email probably have received one.
Products are out there...have no idea why this doesn't move.
i just received a CEO Root- Level Report 1 of 10 from Scott Fraser today.i would like to know if anyone else has received one.i've been setting at a loss with this stock for over a year now.and now i get something from the CEO!i suppose there is some potential here but i'm not sure if this is a pump and dump or what.i've been burned quite a bit from stocks that look real good in the beginning and then start deluteing and R/Sing all the way down to .0001.any input would be appreciated. thanks...
Yep all we need to see are some good numbers. Otherwise we will all need some lube for our personal use to ease our own pain.
The real issue here is the lack of diversity of products.
One day this will run over $1. Will accumulate at .27-.30 until then.