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put me on that list as well. i jumped in this POS on dai's advice.
My TDA account is showing shares of EMOC trading
every day, albeit a low amount, but trading
nevertheless.
Mass Criminal Imigration. That's Beautiful!
EMOC up 120%....what gives here. Did not think
SEC was allowing shares to be traded?
Down 9 grand on this puppy. For any newbie,
unless you got a LOT of money, do not put a
lot of money into a penny stock.
Briboy
Sadly, the typical pink sheet play. I, too, lost a decent chunk here. Given the amount of money scammed and the evidence trail, seems we could regain some of our losses via class action at some point.
As with most pinks, the lesson learned is to assume all CEOs are con-artists until they uplist to the big boards with audited financials. Of course, they're still lying then, but at least under more scrutiny and greater risk of repercussions if their lies are unearthed.
California Is the Canary in America’s Immigration Coal Mine
Have you noticed California lately? Do you get the idea that Governor Schwarzenegger, the invincible terminator, falters with every tick of the clock? His state’s problems grow beyond solving. California’s sheer hyper-population load cannot be mitigated. Water issues force ‘toilet to tap’ for citizens thirsting in that dry state. When Proposition 187, passed by voters, augured into the ground via incompetent federal judges, the state become a magnet for mass migration of criminal aliens. At some point, LA Mayor Antonio Villaraigosa will not be able to......
http://www.newswithviews.com/Wooldridge/frosty477.htm
by Frosty Wooldridge
Bro...just spent a half hour in CVS Pharmacy
reading a College Football magazine. My juices
are flowing, am ready for some football.
Oh, on the pro side....Favre, please stay retired.
Cool. They looked good last year I"m sure they will play tough this year.
The Fireman: Oh, yeah, the T-Shirts...yes
that is what it is all about, and the most we
will get out of this as their appreciation of our
business. How could I have thought any differently.
College Football is the best thing that ever happened
to mankind,,,,
and yes, TEBOW will be awesome if he stays healthy..he
is a winner.
TCU finished #7 and get most of last years guys back. Tough road games initially at Virginia and the Clemson. Wow.
Can't wait.
Good luck F-D
Briboy
Got me? I'm just waiting for the class action civil suit to start maybe we can get some "I love IHUB t-shirts" out of it LOL>>>>
I'm ready for football season TEBOW is back next year
Dave: long time bro. I am out $9,000
on this puppy. What gives today...166
shares were traded.
My best,
Briboy
Go Packers
Go Chargers
Go Horned Frogs
Anyone heard from "luvtradin"?
64. Dynkowski worked with Accomplice No. 1 ("ANI"), whom he met through InvestorsHub.com, to pump and then dump the stock of Xtreme Motorsports in January and February 2007. To artificially inflate the price ofthe stock, Dynkowski and ANI engaged in manipulative trading, including wash sales and matched orders.
65. Through this manipulative trading, Dynkowski and ANI boosted the price ofthe stock from 0.85 cents on February 2,2007, to a high of4.1 cents on February 7, 2007 (more than a 380% price increase in a few days).
66. The dump began on February 7,2007. Prior to this date, Xtreme Motorsports authorized its transfer agent to issue 120 million shares without restrictive legend to a certain private company ("the Nominee Company"). The transfer agent did not issue the shares to the Nominee Company, however, and instead issued them to ten other individuals and entities that the Nominee Company designated. This offer and sale of securities was unregistered and not subject to a valid exemption from registration.
67. Defendant Adam Rosengard received 13 million shares of Xtreme Motorsports stock as one ofthese designees, even though he had no contact with the Nominee Company. Dynkowski arranged for the shares to be issued to Rosengard, who gave Dynkowski electronic access to his brokerage account. Dynkowski sold these shares on February 7,2007, generating illicit profits of $257,646. Rosengard sent the money to his personal bank account via a series ofwire transfers between February 12 and May 7, 2007. Rosengard withdrew most of this money in small increments of cash, kept a small amount for himself, and gave the rest to Dynkowski.
-----
SEC Complaint
http://sec.gov/litigation/complaints/2009/comp21053.pdf
I'd rather watch them rot in jail then have the money back.
I don't approve of the attitude. Not about the jail part, let them rot, but if it is proven in a court of law they are guilty of FRAUD - you should have a simple case to get your money back.
I.E. They stole your money - steal it back?
http://www.law.uc.edu/CCL/SOact/sec308.html
Class action suit against IHUB and the co-conspirators anyone???? I'm suprised they haven't erased this board. Someone lemme know when/if the class action civil suit is started I have a claim
Yeah some of these scams I imagine broke up many a happy home...I really hope the guilty parties pay for their crime. It is nice seeing all the familiar faces on here...
I wonder if IRS would allow us to deduct our losses if they do go to jail...seeing as we've already paid more than our fair share for any incarcerations.
I'd rather watch them rot in jail then have the money back.It'd be money well spent!!!
Take care friend-3
Alan thought it was more profitable to sell paper than actually selling sandcars. I hope he pays for the wreck of a company he created. Best of luck to year.
"Suckers" we were! I could have made a huge down payment on a dune buggy with what I lost here. Expensive lesson....
It's a shame, alot of good people bought the lies fed by management and thieves. I traded my butt off to get out with a small loss but lost alot of time here. Hopefully jail time will be served by these crooks.
Lots of familiar faces here lately. Where's the fella that bought hundreds of thousands of dollars worth of XTMS? "Magee" I think. Bet his wife threw him out!
3- Great to hear from you. Hopefully the thieves from here will rot in Jail. I doubt there will ever be any monetary awards but knowing Justice was served would be a great comfort. I still haven't seen McCaa's name listed but he had to be complicit, imo.
Amen!!!Throw away the key!!!
How coincidental.I'm looking at my scotturd and it showed a bid of $8 and an ask of $15.I said to myself,NO WAY! So I came to the board here to see whats going on and I find out that the feeling I had here about i-hub(or,I should say,about a few of the posters here)seems to be correct.Yup,a few unscrupulous folks hangin around these parts.I knew it.
And I also happened to see an old friend throwing salt into some wounds and thought I'd give him a hand,LOL.
Sumbitches.I hope they(the guilty ones)go to jail!!!
Shame on anyone trying to steal!!!
GLTY Jr-3
dont i need a minimum of $25 to open an account? i might be able to open 4
24 bank accounts in Hong Kong... for starters... How many do you have?
regards
Shorts
now how did he do that? did he have an alias he used?
the diference here is the head adminidtrator Matt Brown(*owner* at the time of the felony charges) Used his very own customer base to steal!!!
Good luck
Shorts
whoa. don't put words in my mouth. i think anyone who has traded penny stocks know they trade at these levels for a reason. if you dare to put money you can't afford to lose into these stocks you should have ur head examined IMO. my point is that a $6 million pump and dump garners huge attention, as it should, but the SEC couldnt stop a $50 billion scam that was going on for a much longer time frame.
uranium-pinto-beans... so you are saying that these new felony charges against Matt Brown have no relevance to the IH investment community?
Just how many more companies were they involved in manipulating? I can name many that come to mind? I wonder just how many Alias's on Ih have been active in the PM underground front loaders?
good luck
Shorts
truly the $50 billion pyramid schemes are of far less importance.
new article...
http://www.marketrap.com/article/view_article/9183/sec-accuses-matthew-brown-from-advfns-investor-hub-of-penny-stock-manipulation
SEC Accuses Matthew Brown from ADVFN's Investor Hub of Penny Stock Manipulation
By Perry H. Rod, Published: May 25th, 2009 1:22 PM PDT
Forget about illegal naked short selling and other hedge fund profiteering schemes that may have brought down the world economy. The United States Securities and Exchange Commission has more important matters occupying its attention.
In a complaint filed in Delaware by the SEC, InvestorsHub.com founder and operator Matthew Brown and seven others were accused of a pump-and-dump scheme in 2006 involving GH3 International, Inc. and Asia Global, in two separate incidents. Brown is accused of being a "liaison" between the accused in the GH3 incident, where the participants "used wash sales, matched orders, and other manipulative trading, timed to coincide with false, misleading and touting press releases by the company, to inflate the price of GH3 stock." The group is suspected to have made off with $747,609 from the GH3 trades.
In a separate incident, Brown orchestrated a pump-and-dump scheme with broker-dealers in California who "met through InvestorsHub.com, pumped the price of Asia Global stock using wash sales, matched orders and other manipulative trading, coordinated with false, misleading, and touting press releases by the company."
The complaint alleges that "the illicit proceeds from this scheme totaled at least $4,050,529."
InvestorsHub.Com, Inc. is a wholly-owned subsidiary of ADVFN, which trades on the London Stock Exchange as AFN. InvestorsHub.Com operates both Investors Hub and Silicon Investor, according to its website. ADVFN, according to its annual report, receives over 10 million dollars in revenues per year. Matthew Brown is not on the parent company's board of directors or a part of their executive management. He is listed as the Lead Site Administrator for Investors Hub and has posted 24,285 messages on the board, according to the website.
It said the investigation is continuing and Alan would be a great fit for them, lol. He lied, pumped, and stole money like there was no tomorrow. I took a loss here but was able to get out without too big of a hit. Thieves should all rot in Jail.
well i pumped with hopes and dreams and enthusiams. and NOT while i had shares on the ask and/or whacking the bid. BIG DIFFERENCE.
Add me to your list.
Thanks...
Marilyn
Section 308 -- Fair Funds for Investors
Civil Penalties Added to Disgorgement Funds for the Relief of Victims. If in any judicial or administrative action brought by the Commission under the securities laws (as such term is defined in section 3(a)(47) of the Securities Exchange Act of 1934) the Commission obtains an order requiring disgorgement against any person for a violation of such laws or the rules or regulations thereunder, or such person agrees in settlement of any such action to such disgorgement, and the Commission also obtains pursuant to such laws a civil penalty against such person, the amount of such civil penalty shall, on the motion or at the direction of the Commission, be added to and become part of the disgorgement fund for the benefit of the victims of such violation.
http://www.law.uc.edu/CCL/SOact/sec308.html
I think we should pursue some type of class action
I have no position here in EMOC but as a suggestion - why not bypass a formal class-action w/paid legal counsel and quorom up as a group in sending INDIVIDUAL e-mails directly to the officer in charge at DOJ - flooding his/her e-mail box with something to the effect of -
"Dear DOJ,
In pursuit of disgorgement, I offer up any deposed info you might request in regard to the related EMOC indictments outstanding and your pursuit of convictions?
amount of loss.
trade dates and receipt copies.
name."
I could only dream of one of my baghold stocks having such a gimme disgorgement claim as you bagholders here have right now.
i have read the indictement and seen his PMs and IM's, he IS involved, thats not a question. the question is how much involvement
well, if he is guilty. which it sounds like he is. he is just another scamming scambag. i had alot of respect for what he did creating ihub. its hard to believe.
HE HAD to know he was in a hot seat anyway. if he actually had his name on any papertrail evidence that will be the ultimate sign of ignorance/arrogance.
IF HE IN FACT IS INVOLVED.
the Brown crime syndicate didnt run in a vacuum. the company is certainly complicit
i appreciate the MM, back at ya. the viability of a suit against ADVFN will be made clear as the criminal prosecution of the brown criminal syndicate progresses.
i membermarked ya. please let me know what they say. i lost probably 10k plus on this scam.
tia.
berry
total BS if they dont hang alan. they said press releases were false. WELL?? wtf isnt alan facing charges??
thanks shorts, I have that on the marked list and thanks all the same. I know a couple of folks that lost out on this one.
I watched this whole P&D from the start! Shakerzzz was also given free trading shares during that run up!
There were moderators then it was after the fall out that they all resigned!
Go here to read more about this fiasco!
http://investorshub.advfn.com/boards/board.aspx?board_id=15452
I see the board was set up here on Feb 1 2007 how convenient..WOW and no Mod..I always wonder why no one would mod here..
geez
hotdog1012 are you kidding me? He was in this up to his eyeballs!
Xtreme Motorsports Of California. Inc.
64. Dynkowski worked with Accomplice No. 1 ("ANI"), whom he met through InvestorsHub.com, to pump and then dump the stock of Xtreme Motorsports in January and February 2007. To artificially inflate the price ofthe stock, Dynkowski and ANI engaged in manipulative trading, including wash sales and matched orders.
65. Through this manipulative trading, Dynkowski and ANI boosted the price ofthe stock from 0.85 cents on February 2,2007, to a high of4.1 cents on February 7, 2007 (more than a 380% price increase in a few days).
66. The dump began on February 7,2007. Prior to this date, Xtreme Motorsports authorized its transfer agent to issue 120 million shares without restrictive legend to a certain private company ("the Nominee Company"). The transfer agent did not issue the shares to the Nominee Company, however, and instead issued them to ten other individuals and entities that the Nominee Company designated. This offer and sale of securities was unregistered and not subject to a valid exemption from registration.
67. Defendant Adam Rosengard received 13 million shares of Xtreme Motorsports stock as one ofthese designees, even though he had no contact with the Nominee Company. Dynkowski arranged for the shares to be issued to Rosengard, who gave Dynkowski electronic access to his brokerage account. Dynkowski sold these shares on February 7,2007, generating illicit profits of $257,646. Rosengard sent the money to his personal bank account via a series ofwire transfers between February 12 and May 7, 2007. Rosengard withdrew most of this money in small increments of cash, kept a small amount for himself, and gave the rest to Dynkowski.
-----
SEC Complaint
http://sec.gov/litigation/complaints/2009/comp21053.pdf
Please don't jump on my on this, because I am still highly wary of Allan McCaa...
But given the recent news, I'm starting to wonder if he was a victim as well. Is there anyone here that still has connections with him to let him know about all of this?
If he was victimized as well, he should be the first to step up and get his lawyers on it. IF (big if) he had nothing to do with this, than what a shame that his company and his reputation was vilified and driven into the sub-cellar where they could never recover.
I lost over $12k so add me to that list. I think we should pursue some type of class action to see if we can recover for loss and damages.
Add me to the list also please,,,let me know how I can help,,Thanks..TGD
I don't have a huge loss, but a 90% on my initial, so add me to that list!
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