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I got a new one and this one is great, but it may be more of a Dumbest Scam award.
Stock Ticker:BTDG.pk
Name:B2Digital Inc.
CEO:Paul LaBarre
The offences:
1. The company did a copy/paste job of mining claims from a Publicly traded Canadian company, Pershimco.
Here is the PR and the company website, the two companies are not related to each other
http://www.pershimco.ca/NouveauSite/en/projects_courville.php
http://ih.advfn.com/p.php?pid=nmona&article=43714213&symbol=BTDG
2. A copy of a fax claiming to be sent from China has a phone number on it from Montréal Canada. The phone number is highlighted in the screen Capture
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54883474
3. If it cannot get any more stupid the President of the fake buyout company Sino-Can and the President of Frima Gold have the same signitures.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54617984
4. The final NI 43-101 technical report was not completed as per Canadian standard and the report was altered.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55067873
yes! Sounds like a Huge P.O.S.
Doesn't IDCN meet these guidelines?
Ever since I've followed that turd, all it has done is release a PR - state something about a new site - never mention it again in newer pr's only to be 'outdone' by the next bigger and better 'project'
To top it off, people like stochcharter sit and harrass people via pm using offensive language and all else.
He is in bed with Ken over there at IDCN.
when those 7bil shares get unwound the shareholders of C will feel pain like never before!
The US Gov/Taxpayers own 7billion shares
C has an AS of 23Billion shares...LOL what a POS
No problem,
I figured this one is POS worthy. LOL
Classic POS .PK...Thanks for sharing!
I would like to nominate QMIN.PK
The CEO is Eugene Chiaramonte Jr. (And the only employee)
3 Reasons as to why this is this is a POS.
1. Reverse Stock Split/Ticker Changes
(a) R/S history
Capital Change=shs decreased by 1 for 100 split. Effective date=1-30-04
Capital Change=shs decreased by 1 for 4 split. Pay date=8-17-07.
Capital Change=shs decreased by 1 for 10 split Pay date=12/14/2007.
Capital Change=shs decreased by 1 for 10 split Pay datee=11/04/2008.
Capital Change=shs decreased by 1 for 100 split
Pay Date: Aug 4, 2009
(b) Symbol Changes
QMIN.PK
QMIN
QMLM
QMNM
QMMC
QMMG
TLLM
2. Insider, Tarun Mendiratta. One of our favorites from the infamous Universal Express Inc. scam
3. Persistant pumping from promotional websites(stockegg.com) often release one time alerts at a cost of $20,000. The disclosure often lists compensation by a 3rd party investor known as Interstellar Holdings which is owned by insider Tarun Mendiratta.
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
WEEEEEEEEEEEEEEEEEEE!!!!! NICE BOARD~!
GCKO is ripe for a hard fall...I see major dilution coming soon
page 11 "The company has not secured any patent rights due to historical lack of funds"? LOL what a POS.....
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=25685
YEP, GCKO...What a POS... watch this:
take the info to here:
http://investorshub.advfn.com/boards/board.aspx?board_id=14802
a very active board on the same subject
One of the biggest scam stocks imo is XKEM!!! Now filed for Bankruptcy. It's subsidiary is in Nigeria. Nuff said. I lost big on that one as did many others. Remaining shareholders hired an attorney for what good it will do.
Why haven't any stocks been put on the i-board as suggested?
Ha!...what a great board!
I feel like I just arrived in Heavan
GLCC & MONA link back to charts....SCAAAAAAAAAM !
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34231555
VHGI, WNDM and SFNL No support and poor management, almost no revs no plans, no nothing.
WEHI does not currently have a Bid absolutely no way to sell! What a POS!!!!
WEHI puts out PR's that are so far fetched the CEO does not even believe them!!!! LOL HAHAHAHAHA
WEHI has diluted they're shares so many times they give new meaning to "infinity and beyond"
BHS, Can you add RUNU and its CEO Rudy to this list ? another scammer.
AHAHAHAHAHAHH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
You're wrong...........FSMH is in the Septic Tank and flowing out the leach line.......z
Yes, SHTP is spamming!! Got an e-mail to one of my little used accounts. Loser city (especially if "BP" is involved).
SHTP is now spamming. PPS is moving again. Wonder who is spamming??? LOL.
Panetta pick SHTP closed at 14 pennies today...LMAO.
Has he EVER in his entire life made a decent pick?
And CFPC was a Panetta "bottom buster", LMFAO!!!!!!!!!!!!!
LOL! This sounds familiar 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. This stock reminds me of RBID: just waiting on the day a real PR comes out.
TEXG another SCAM!!! U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 20280 / September 13, 2007
SEC v. Terax Energy, Inc., et al., United States District Court for the Northern District of Texas (Dallas Division)
SEC Files Emergency Civil Action, Obtains Temporary Restraining Order and Asset Freeze Against Terax Energy, Inc., Westar Oil, Inc., and Mark Roy Anderson
On September 12, 2007, U.S. District Judge Barbara M. G. Lynn, of the Northern District of Texas, issued a temporary restraining order and asset freeze against Terax Energy Inc., Westar Oil, Inc., and Mark Roy Anderson, in an emergency civil action filed by the Securities and Exchange Commission. The Commission's complaint alleges that Anderson, of Los Angeles, California, is orchestrating an ongoing fraudulent scheme involving the stock of Terax Energy, Inc., a Dallas, Texas based oil and gas company that trades on the OTC BB. According to the complaint, after Anderson obtained undisclosed control of Terax in April 2007, Terax issued several false and misleading press releases, and the company's stock price increased from approximately $0.30 to as much as $4.88 per share. The complaint also alleges that Anderson fraudulently raised about $1 million from about 30 investors in a private placement of common stock by Westar, a private Nevada corporation he controls, after making false claims regarding its oil and gas operations, its purported pending initial public offering, and plans to exchange Westar stock for Terax stock.
The defendants in the Commission's civil action are:
Terax Energy, Inc., a publicly held Nevada corporation, with offices in Dallas, Texas (trading symbol TEXG.OB).
Westar Oil, Inc., a privately held Nevada corporation, with offices in Beverly Hills, California.
Mark Roy Anderson, 53, of Los Angeles, California.
Linda Contreras, 26, of Los Angeles, California. While Terax's filings with the SEC report that Contreras its CEO and sole director, the Commission's complaint alleges that she is Anderson's office assistant and that Anderson controls Terax and also Westar.
The Commission's complaint also names two entities controlled by Anderson as relief defendants, The September Trust and Camden Holdings, Inc., which are also subject to the Court's asset freeze order.
According to the Commission's complaint, Anderson was disbarred by the State Bar of Nevada in 1993 and was convicted in 1994 on federal mail fraud charges. The Commission's complaint alleges that through July 2007, while under Anderson's control, Terax has issued several materially false and misleading press releases announcing, among other things: (1) that the company intended to extend its leases and rework its wells in Erath County, Texas, resulting in expected net revenues from the wells of $750,000 per month; (2) Westar had executed a $175 million financing agreement on behalf of Terax with an unnamed New York energy lender; and (3) Terax had acquired a controlling interest in a publicly-held Canadian oil company. The Commission's complaint alleges that in fact, at the time the press releases were issued: (1) the Erath County leases had been placed into receivership by a state court judge and the lessor had advised Terax that he was terminating the leases; (2) the New York lender had never committed to the financing; and (3) the acquisition of the Canadian company did not close because Anderson stopped payment on the $2 million check to the Canadian brokerage firm that brokered the deal.
The complaint further alleges that Anderson and Contreras caused Terax to issue approximately 1 million "free trading" shares of its common stock in violation of the registration provisions of the Securities Act of 1933 ("Securities Act"). Camden Holdings and The September Trust, which Anderson controls, received 500,000 of those shares.
The complaint alleges that Terax and Anderson violated Sections 5 (a), (c) and 17(a) of the Securities Act, and Section 10(b) of the Securities Exchange Act of 1934 ("Exchange Act"), and Rule 10b-5 thereunder, that Westar violated Section 17(a) of the Securities Act, and Section 10(b) of the Exchange Act and Rule 10b-5 thereunder, and that Contreras violated Sections 5(a) and (c) of the Securities Act. The Commission's complaint seeks preliminary and permanent injunctive relief and a civil monetary penalty against all the defendants, as well as disgorgement of all illicit profits from Terax, Westar, Anderson, September Trust and Camden Holdings. The complaint also seeks officer and director and penny stock bars against Anderson.
Separately, the Commission issued an order, pursuant to Section 12(k) of the Securities Exchange Act of 1934, temporarily suspending trading in the securities of Terax, beginning at 9:30 a.m. EDT on September 12, 2007, and terminating at 11:59 p.m. EST on September 25, 2007. The Commission's order cites concerns about the accuracy and adequacy of publicly disseminated information concerning, among other things: (1) the status of Terax's oil and gas operations, (2) Terax's purported financing agreements, (3) Terax's supposed acquisition of a controlling interest in a foreign oil and gas firm, (4) the existence, terms and status of a purported share exchange agreement between Terax and Westar Oil, Inc., and (5) the identity of the persons in control of the operations and management of Terax. For further information, please see the Commission's order suspending trading, at www.sec.gov/litigation/suspensions/2007/34-56389-o.pdf, and its release regarding the suspension, at www.sec.gov/litigation/suspensions/2007/34-56389a.pdf.
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
Here's the context of a pm I received from a RSDS investor last night.
"yes, I've heard that Mr. B is looking at going after individual posters that have expressed negative opinion. I was told that he thinks the board has destroyed the share price."
too many flavors. Whenever a stock I am in makes the kool-aid list I sell.
HOLY SH%T~~!!! are you kidding me??!!! That may be the funniest thing i have ever heard!!!
LOL, and rumor has it that RB is contacting individual posters asking for contact information so he can blame them for ruining his stock.
In the future, any company that plans to raise funds through a 504, aka a pipe, needs to have the CEO's register their current information with all federal/state/local authorities as well as message boards i.e. I-Hub. How many flavours of KoolAid are there now!?!
LOL!!! Look at RSDS!!! It's gonna lose its bid by next week!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
You forgot RBID. There's not enough water left to flush it!
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