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If I had the time, I would call the transfer agent, and see if this float is still 10MM - something makes me think it isn't.
Outstanding Shares: 110,590,047 as of 2007-03-09
Authorized Shares: 200,000,000 as of 2007-03-09
Float: 10,132,564 as of 2007-03-09
ADNN is a 1-sided pink, so it's not very likely they are being shorted. Almost everytime someone says that theory, it turns out to be just old fashioned dilution. Anyone know the o/s compared to 6 months ago? TIA
The MMs are like vultures sitting on a fence post overlooking ADNN. They are expecting a death and believe that they will NEVER have to answer to anyone for all the millions of counterfeit shares that they have sold into the ADNN float pool. Their arrogance is exemplary among the human race.
...and You don't think it could have anything to do with the deluge of shares that are counterfeit shares sold by unscupulous souls who never owned them, but sold them into the float pool anyway?
You don't think it could have anything to do with the deluge of shares that have become manifest?
The problem is NOT with the CEO who has been trying to build a company, it's with those who have continuously UNDERMINED the company for month after month after month, relentlessly taking away the value of the companies stock through their relentless bashing and manipulation.
Some of these belong behind prison gates !!!
Senator Bob Bennett from Utah has become passionate about the Naked Shorts issue and the manipulation of corporate stock prices by Brokers and MMs. He intends to address this issue with everything that he can throw at it, and the man seems as serious as a heart attack.
I wrote to him a few days ago to add some of my limited experience and my two cents worth of information to his education, although I’m not from his state, I live in North Carolina. To also encourage him and to thank him for the task that he is about to undertake. Those who want him to never be allowed to prove the extent of the problem will greet him with great deception and lies.
I encourage EVERYONE who thinks that stock prices ARE manipulated by MMs, ...to write to him with their concerns and their experiences in this market. He needs information to work with.
Here is a link to his eMail message center:
http://www.senate.gov/~bennett/contact/contact.html
I am not talkng with anyone in order to sell or to buy... i have my own thoughts and the only thing i am trying is to get an answer or some info from the company.
It really doesn´t matter to me if this goes to bankrupcy, because the money i have in it is lost money for me....
Of course it would be better if it raise, but i am angry because it is incredible the behaviour of this company. i am not against the company, i am not against KD, i am agaisnt the responsible of the actual price of the shares of the company.
It was not my intention to anoy you.... I have written to investors relationship, radams@mogulir.com, i have written not only to this email, i have written to Mogulir.com because they are "Mogul IR is a financial marketing firm that specializes in assisting the underserved small cap and micro cap stock community". ADNN is working with that firm. No one says nothing.
I havw written to KD. No answer, no reply.
The only think someone replyed to me was the NASD "NASD, Inc. (formerly known as the National Association of Securities Dealers)" because i complained to them regarding a not regular trade that i did in ADNN. So they are investigating that. "www.nasd.com"
The only thing i am trying to do is to get some info because the company is manipulated by someone and i have some shares....
The only thing i am looking for is an answer, information regarding the project, the new web site, how is ADNN working, who is pushing down the price, why are they pushing down the price? who is short? Who is trading with that in an irregular way? is the MM??
I am just asking for someone to take care of ADNN, i am asking for som info from the comapny, i want to know why the company is saying nothing....
Do you understand what i mean, what i am trying to know?? i am looking for answer, for anyone to overview ADNN because it is too irregular....
I don´t know if it is the company (hope not) or if is someone from outside, but i want someone to control thre activity/trades and behaviour of this company!
Whynot....Care to share to whom and what you are responding to ????
Well, ...a heart-felt "Thanks" to you !!
I complained to the market regulatory regarding one trade in ADNN, and i am happy, this is the answer i got!.
"We have forwarded this issue to our Market Regulation department for review"
This is not agaisnt ADNN,not against KD, it is against the MM or the one who is controlling down the price.
No worries, Mate. He's not dead. The news will come before too long.
Well they say no news is good news. But dead people don't make noise either. Hope this isn't dead.
Sorry not a member. For the poster who just sent me a private msg, I think the 2nd option would be closer. :)
LOL. What facts???????????? Good luck to you!
There's not much point in sparing with someone who won't abide by the facts.
You say that you "know" ...blah,blah,blah ...and the truth is, you "know" no such thing. There is a vast difference between verifiable fact and personal conjecture or speculation.
I know that he took you, me and alot of other people to the cleaners. Ask matt and ruliquid if they thought they knew him. They both thought they had his ear with frequent contact! How well do you know him???
How well do you know him? I mean, have you spent time in meaningful dialogue with the man concerning the things that really matter in relation to the activities and progress and vision of Adrenaline Nation?
Lol. Old-n-Grey, say it ain't so that you still believe in Keith! after duping share holders time and again, and not a peep from him explaining his reasons. I don't expect anything out of my worthless shares. Shame on me for holding onto the worst stock and even worse ceo I've ever been associated with! GLTY
Yes, i changed my mind....and now i will wait!!
Thanks, that's exceptionally thoughtful and I hope that we all are rewarded for patience. It takes patience to grow a fruit tree and prune it every year until it begins to bear fruit. I have a lot of trees and understand patience while waiting for the tree to mature. It takes time.
For you I am hoping that is goes big. With that type of investment I am really hoping for you.
Old, actually this is not working, how is he affording the project?? Hope you´re right!
I believe that when the curtain is pulled back, the vision of Keith Dressel will be operational. He has had some delays due to the activities of some who had posted on this board. But Keith was very close to becoming operational two months ago. He is a perfectionist and is not going to release something that he's not completely happy with. That's the nature of the man.
When it is publicly presented, it will be operational with advertisers in place and networks ready to broadcast Adrenaline content.
It's close. I wish it were tomorrow but I'm willing to wait. If this vision does properly launch, it will become huge in a financial sense and very rewarding to the ones who have waited.
what do you think that is behind the courtain?? i think this is getting warm... it has to t<ake one direction... and soon!!!
I am in the dark about this latest conversation, but I know this, ...I still believe in what Keith is doing and I'm sure that he's going to open the curtain one of these days and there will be something that we have all been waiting for.
My wife and I bought in at $1.217 with 33k shares for over $40k invested at that point. Since then I have added another 77k shares so that we now have 100k shares total. I feel good about my investment (most of the time) :O)
I wish that I owned more but will probably wait until he opens the curtain and then QUICKLY buy more.
Maybe KD could say something t the stock holders regarding this issue... i mean, i think an answer is needed for the stockholders...i think this would be good for ADNN. They will feel someone takes care of them...of their investment... Thanks again M!
Alot of them was because of them. No doubt about it. All we can do is wait and see how it plays out. I am holding all of my shares.
Yes i saw it. Do you think this is because of them?? I mean, ithink adnn is still behaving the same. I hope there´s going to be something new, because it is too much time around this price and it is really dangerous....it is time to decide where to go.... thank you!
Matt aren you there?? Is there something new?? if not this will never break the 0,3 cents...
YW. I have traded this one a few times, and barely made it out alive because of all the dilution. I know how painful it can be, and is therefore the reason for the NCFC.
Take care.
I think the bad publicity hurts a Nation that is hurting already.
Thanks for the invite to Nano.
and what happens if these spammers are short in ADNN and if the SEC is investigating them!! Do you think they will have to buy to close position?? At least there´s something said regarding ADNN!
Well, if i am not wrong these fucking spammers are responsible in part, of the low price of these sahres. Is that good for ADNN. I mean, these spammers are going to be blown so... what can we expect from now and on????
SEC will still issue trading halts on companies...
even though they had nothing to do with the spamming. About 3 months ago trading was halted on 35 companies related to spamming issues. I checked each of the companies and something like a dozen of them had issued prs denying any involvement or association with the spamming as soon as they became aware of the problem. The SEC halted them anyway. It seems to me that Shorty and others who may want to destroy target companies use the SEC to help do their dirty work. If they can't NSS the company to death, they undertake a spam attack. Not sure if the SEC realizes what is going on or, if they do, they probably could care less. They may feel that the spammers and Shorty are helping rid the market of worthless companies anyway. That seems to be their view.
When this happened, Keith said that they had complained to the SEC about this activity, and that they had nothing to do with it. As you notice in the release, no action was taken against Adrenaline. They were not part of the scam except to have been used as a company that was vulnerable to pps manipulation at the time.
Why? This doesn't really affect ADNN any more. The spamming thing happened a bit ago. I don't think ADNN had anything to do with it. These guys just used these companies as vehicles o launch their scam.
Or come to the Nano Cap Fight Club to discuss your picks before buying. We try to keep it real.... even if it steps on a few toes.
#board-7229
well, there goes the stock down to under 1 penney tomorrow when this hits the shelf. Dawn $800 down the drain. I better quit this penny stuff.
ADNN used as part of this spamming stock scam.
http://www.exchange-handbook.co.uk/index.cfm?section=news&action=detail&id=68120
SEC Charges Two Texas Swindlers In Penny Stock Spam Scam Involving Computer Botnets
09/07/07
The Securities and Exchange Commission has filed securities fraud charges against two Texas individuals in a high-tech scam that hijacked personal computers nationwide to disseminate millions of spam emails and cheat investors out of more than $4.6 million. The scheme involved the use of so-called computer "botnets" or "proxy bot networks," which are networks comprised of personal computers that, unbeknownst to their owners, are infected with malicious viruses that forward spam or viruses to other computers on the Internet. The scheme began to unravel, however, when a Commission enforcement attorney received one of the spam emails at work.
The Commission alleges that Darrel Uselton and his uncle, Jack Uselton, both recidivist securities law violators, illegally profited during a 20-month "scalping" scam by obtaining shares from at least 13 penny stock companies and selling those shares into an artificially active market they created through manipulative trading, spam email campaigns, direct mailers, and Internet-based promotional activities. Scalping refers to recommending that others purchase a security while secretly selling the same security in the market.
In related enforcement actions, the Attorney General's Office for Texas and the Harris County District Attorney's Office indicted the Useltons for engaging in organized criminal activity and money laundering. The Texas criminal authorities also have seized more than $4.2 million from bank accounts associated with the Useltons.
"This latest step in the Commission's anti-spam initiative is intended to protect investors from fraud artists who would treat the investing public as their personal ATM machines," said SEC Chairman Christopher Cox. "The use of bots to spread investment spam at exponentially higher rates is making this type of fraud an even more virulent threat to ordinary investors. Not only are victims getting hit with get-rich-quick spam, but by turning the victims' computers into zombies, these fraudsters are sending out still more spam to others. Given estimates that up to one-quarter of all personal computers connected to the Internet are part of a botnet, and the thriving market in selling lists of compromised computers to hackers and spammers, the SEC is taking this very seriously. We remain aggressively committed to tracking down anyone attempting to use bots to prey on investors with false or misleading spam about securities."
Linda Chatman Thomsen, SEC Director of Enforcement, said, "The scheme executed by the Useltons reflects a widespread contempt for investors and the marketplace. We will track down the swindlers engaged in these fraudulent schemes and hold them accountable."
The Commission's complaint, filed in U.S. District Court in Houston, alleges that the Useltons orchestrated a series of spam email campaigns using an array of computer botnets to anonymously flood the inboxes of American investors with millions of spam emails touting near-worthless penny stocks with baseless price projections and other unfounded claims. Each campaign, which featured a single company, lasted anywhere from several days to several weeks.
The Commission alleges that between May 2005 and December 2006, the Useltons obtained more than $4.6 million through their fraudulent scheme. According to the complaint, the Useltons and the companies they controlled typically received unrestricted shares from penny stock companies for little or no money, in return for purported financing or promotional activities.
The Commission's complaint alleges that the Useltons violated the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The Commission seeks permanent injunctions, disgorgement with prejudgment interest, and civil penalties against each of the individual defendants, as well as penny stock bars against the Useltons.
Darrel Uselton was disciplined by the National Association of Securities Dealers (NASD) in 2004 and 2005. Jack Uselton was permanently enjoined by the Commission from violating the anti-fraud provision in a 2002 settled action.
The company stocks that were the subject of the Useltons’ spam campaign, according to the SEC’s complaint, included Oretech, Inc.; Intelligent Sports, Inc.; Advanced Powerline Technologies; Notch Novelty Corporation; Avondale Resources Corporation; Spooz, Inc.; ESPRE Solutions, Inc.; Grifco International, Inc.; Leatt Corporation; Adrenaline Nation Entertainment, Inc.; Equipment and Systems Engineering, Inc.; Gulf Petroleum Exchange, Inc. (currently Software Effective Solutions Corp.); and Wentworth Energy, Inc.
The SEC in March 2007 suspended trading in the securities of three of the companies (Advanced Powerline Technologies, Leatt Corporation, and Software Effective Solutions Corp.) as part of its anti-spam initiative. The SEC revoked the registration of the securities of Oretech, Inc. in December 2005.
The Commission acknowledges the assistance of the Attorney General's offices for New York and Texas, The Harris County (Houston, Texas) District Attorney's Office, the Federal Bureau of Investigation, the Texas State Securities Board, the State of Oklahoma Department of Securities, the National Association of Securities Dealers and the National Cyber-Forensics and Training Alliance.
The Commission's investigation is continuing.
Additional materials: Litigation Release No. LR-20187
Here is an interesting quote..LOL
http://www.investorshub.com/boards/read_msg.asp?message_id=16544289
only 99.98 $ to go..LOL
ok... evreything done today...
I would like to receive notices from adnn. two lines regarding the new web site or whatever... just 2 lines...
good evening for everyone!
Thanks for the education..LOL just wondering how your wonderful , pumped up, investment in ADNN is working out??
http://www.investorshub.com/boards/read_msg.asp?message_id=17970377
http://www.investorshub.com/boards/read_msg.asp?message_id=17023010
http://www.investorshub.com/boards/read_msg.asp?message_id=17023761
L O L !!!!!!!!!!!!!!!!!!!!!
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