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P.O.S. Stocks (STINK)

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Moderator: Autom8 Assistants: lemmy
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Last Post: 6/21/2014 9:54:52 AM - Followers: 23 - Board type: Premium - Posts Today: 0

THE RULES OF THE BOARD:

1. Nominate your favorite P.O.S. stock and its CEO in a post.
2. Give at least 3 facts as to why this stock is a P.O.S.
3. Each week the biggest P.O.S. stocks will be put in the iBOX.
4. Do not try and defend a stock.
5. Your post must identify a P.O.S. stock to be considered on-topic.
6. Only on-topic posts are allowed - all others will be deleted.
7. Follow TOU rules - especially regarding PERSONAL attacks.
8. Talk only about P.O.S. stocks.
9. The MODS will have final decision regarding what stock is a P.O.S.
10. Any stock that is not considered a P.O.S. by the MODS will be deleted.
11. If your upset that your stock nomination is deleted - start your own board.

P.O.S. stocks are securities in a company that do some or all of the following:

- Dilutes
- Creates bag holders
- Performs more than 2 R/S within a year diluting thereafter
- Changes business plans more than 2 times in a year
- Has a majorly declining PPS
- Misleads shareholders with pump and dump PR's
- Releases PR's regarding deals that never get mentioned again
- Has more than 1 paid promoter AND a majorly declining PPS
- Has shady management with shady pasts
- Trades on the pink sheets
- Has only 1 employee who only knows how to hit the SELL button
- Is located only in a foreign country with no US offices
- Mentions the word BILLIONS in a PR only to decline thereafter
- Has a CEO who goes missing

.....FEEL FREE TO ADD TO THIS LIST BY POSTING YOUR THOUGHTS.


And if you have any doubt if your stock is a P.O.S read this post because it probably is: http://siliconinvestor.advfn.com/readmsg.aspx?msgid=13282288

Enjoy!!!





Other Boards of Interest:
http://investorshub.advfn.com/boards/board.asp?board_id=7251 - Scammy CEO's

Links of Interest
http://pennystock-fraud.info/news.php

Check this out on FCPG - a stock I MOD the board of and declared a POS scam a while ago!!!
http://investorshub.advfn.com/boards/read_msg.asp?message_id=17790878

SEC Charges Software Firm with Stock Scam By Aaron Seward
September 6, 2007

The SEC has charged a Fresno, California-based software company and its CEO with running an illegal stock scheme that raised nearly $1.5 million.

FacePrint Global Solutions and its CEO Pierre Cote, sold millions of shares of stock to the public through nominee accounts, without registering the shares with the Commission. According to the complaint, Cote then funneled the proceeds of the sales back to FacePrint, a struggling start-up company purportedly in the business of developing facial recognition software for use in fighting crime and terrorism.

The Commission charged FacePrint and Cote with securities registration violations as well as violations of the rules governing the distribution of securities. The regulator also charged Cote with violations of stock ownership reporting requirements.

In its suit, the SEC seeks disgorgement and interest, and civil penalties from both FacePrint and Cote. The SEC also seeks an order barring Cote from participating in penny stock offerings, as well as permanent injunctions against future violations of the securities laws.

Cote began his scheme to circumvent stock registration regulations in 2004, according to the SEC. He allegedly entered into arrangements with two acquaintances to transfer FacePrint shares into brokerage accounts under their names. From those accounts, Cote sold the stock to the public and funnelled the proceeds back to the company.

The two acquaintances were FacePrint's graphics director and the 20-year-old niece of Cote's assistant. Cote allegedly agreed to pay those nominees percentages of the sales of FacePrint stock.

The SEC said that FacePrint registered its stock with Form S-8, which is for the registration of securities to be issued by a company to employees or consultants. Form S-8 is a short-form document that is not as detailed as registration forms required for a public offering of stock.

By those means, Cote conducted a public sale of FacePrint stock without informing the public about the company's true condition. Despite the company's claims that it is developing a facial recognition software called "EZ-FACE," said the SEC, FacePrint has yet to produce a software product or sell any software. In 2005 and 2006, FacePrint reported only $13,412 and $253 in revenue, all from selling playing cards showing the faces of wanted criminals.

The SEC also alleged that Cote timed some of the largest sell-offs from his nominees' accounts to coincide with company press releases and company-sponsored span email campaigns. In all, Cote sold more than nine million FacePrint shares through his nominees' accounts, which the SEC said was approximately 26.5% of all sales of FacePrint stock. He also purchased nearly 900,000 shares from the nominee accounts himself, said the SEC.

Cote also allegedly hired several stock promoters to tout FacePrint stock by email and other means. To compensate the promoters Cote issued them more S-8 shares, which the promoters then sold to the public.

Have a comment? Let us know what you think of this or another CCH Wall Street story by clicking here.

http://www1.cchwallstreet.com/ws-portal/content/news/container.jsp?fn=09-06-07


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PostSubject
#373   SLNX-POS of the year!! BettingAngles 06/21/14 09:54:52 AM
#372   I got a new one and this one EastCoastCdn 10/08/10 09:08:52 PM
#371   yes! Sounds like a Huge P.O.S. Autom8 08/17/10 01:54:39 PM
#370   Doesn't IDCN meet these guidelines? hellcatjr 08/13/10 09:13:23 PM
#369   [YT]M0Kb8Pt0Olo[/YT] Autom8 01/28/10 02:55:55 PM
#368   :-{ Autom8 01/21/10 09:04:48 AM
#367   when those 7bil shares get unwound the shareholders Autom8 01/19/10 02:39:38 PM
#366   The US Gov/Taxpayers own 7billion shares Autom8 01/19/10 02:39:03 PM
#365   C has an AS of 23Billion shares...LOL what Autom8 01/19/10 02:38:36 PM
#364   Nominate C for biggest POS on the big boards! Autom8 01/19/10 02:38:13 PM
#363   No problem, EastCoastCdn 01/14/10 09:05:32 PM
#362   Classic POS .PK...Thanks for sharing! Autom8 01/14/10 01:41:25 PM
#360   I would like to nominate QMIN.PK EastCoastCdn 01/08/10 08:22:44 PM
#359   P.O.S. stocks are securities in a company that Autom8 12/11/09 11:29:19 AM
#358   WEEEEEEEEEEEEEEEEEEE!!!!! NICE BOARD~! Bull Trader 12/11/09 11:07:58 AM
#357   GCKO is ripe for a hard fall...I see Autom8 12/11/09 11:02:22 AM
#356   page 11 "The company has not secured any Autom8 12/11/09 11:01:47 AM
#355   YEP, GCKO...What a POS... watch this: Autom8 12/11/09 10:55:03 AM
#354   whats up stinkers? any new pos stocks? eroberung 07/06/09 03:35:51 AM
#353   take the info to here: the_worm06 01/26/09 03:13:04 PM
#352   One of the biggest scam stocks imo is drifterfcrc 01/26/09 02:59:01 PM
#351   Why haven't any stocks been put on the the_worm06 01/16/09 04:20:57 PM
#350   Ha!...what a great board! the_worm06 01/16/09 04:15:24 PM
#349   http://investorshub.advfn.com/boards/board.aspx?board_id=14802 SFGiants 01/11/09 04:44:19 PM
#348   GLCC & MONA link back to charts....SCAAAAAAAAAM ! peewee 12/25/08 07:42:54 PM
#347   BOARDMARK ADDED ! peewee 12/25/08 07:41:14 PM
#346   VHGI, WNDM and SFNL No support stockmasterfly 12/18/08 02:14:46 PM
#345   WEHI does not currently have a Bid absolutely Autom8 10/14/08 01:54:56 PM
#344   WEHI puts out PR's that are so far Autom8 10/14/08 01:53:49 PM
#343   WEHI has diluted they're shares so many times Autom8 10/14/08 01:53:11 PM
#342   WEHI Is my favorite POS! Autom8 10/14/08 01:52:12 PM
#341   BHS, Can you add RUNU and its CEO bagfull 02/21/08 07:37:41 PM
#340   AHAHAHAHAHAHH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Bull Trader 11/06/07 11:35:24 PM
#339   You're wrong...........FSMH is in the Septic Tank and Zardiw 11/06/07 05:40:33 PM
#338   Yes, SHTP is spamming!! Got an e-mail lemmy 11/04/07 02:42:26 AM
#337   SHTP is now spamming. PPS is moving Bull Trader 11/04/07 01:58:19 AM
#336   Panetta pick SHTP closed at 14 pennies today...LMAO. lemmy 10/26/07 05:17:53 PM
#334   And CFPC was a Panetta "bottom buster", LMFAO!!!!!!!!!!!!! lemmy 10/01/07 02:39:44 PM
#333   CFPC an absolute POS (this turd was $2.not.long.ago)! lemmy 10/01/07 02:37:29 PM
#332   LOL! This sounds familiar Despite the company’s claims Lex_Luthor 09/30/07 11:21:55 AM
#331   TEXG another SCAM!!! U.S. SECURITIES AND EXCHANGE COMMISSION Bull Trader 09/30/07 04:22:30 AM
#330   Check this out on FCPG - a stock Bull Trader 09/30/07 02:11:13 AM
#329   Here's the context of a pm I received ChannelTrader 09/28/07 09:12:00 AM
#328   too many flavors. Whenever a stock I Bull Trader 09/28/07 09:10:29 AM
#327   HOLY SH%T~~!!! are you kidding me??!!! That may Bull Trader 09/28/07 09:06:49 AM
#326   LOL, and rumor has it that RB is ChannelTrader 09/28/07 08:40:38 AM
#325   In the future, any company that plans to Lex_Luthor 09/28/07 03:53:44 AM
#324   LOL!!! Look at RSDS!!! It's gonna lose its Bull Trader 09/28/07 01:30:51 AM
#323   You forgot RBID. There's not enough water left Lex_Luthor 09/22/07 11:03:19 PM
#322   looks like MCCY can be added to the alien42 09/20/07 10:08:36 AM
PostSubject