Press Ventures Inc (PVEN)

[MrMr1]

I think they are done

[tfanta05]

Anyone have any news about PVEN. Are they are still in business?

[alchemytrader]

APS in their heyday made a lot of people money.

But PVEN .0001 now? wow!

[Crazy Money]

APS is done... can only do such things for so long... some day you will probably see a story about how they have all been arrested and put in prison etc... total SCAMS every APS play

[Crazy Money]

Was that a JOKE?

[Komando Robot]

** Daily Chart Below **

[DD360]

I'm still in shock that with all of that money he didn't buy hair. I mean he was 26 an bald. Must have been the stress.

[odega]

He was running this multi million dollar scam off of a blackberry...

[daytona52paul]

I am not convinced this company will not come through this with FLYING COLORS! Better hold on to some. imo

[powerbattles]

What the point of Suspended? It's don't stop them from doing it again. They can virtually picking any dead shell and pumping again.

[Crazy Money]

Takes yearzzz to catch da criminals

APS did this for yearzzz... and only the last 3 were suspended...

[AliEn BRaInZ stox]

APS On The Lamb from FBI & TAX Authorities Told ya'all
http://www.thestreet.com/story/12108599/1/awesome-penny-stocks-calls-it-quits-amid-alleged-probe.html

assure that his assets are frozen. The filing names 20 different off-shore entities that Babikian allegedly controls and uses to shelter assets, including companies in the Bahamas, Guatemala, the British Virgin Islands, Belize, the Seychelles and Panama. Beg also claims that Babikian has companies or is forming entities in St. Kitts, Nevis and Hong Kong.

Babikian ran Awesome Penny Stocks from "specially encryptedBlackberrysmartphones, which he uses for a few days or weeks before destroying and replacing them," Beg claims in her filing. "He smashes his smartphones into small pieces that are disseminated in different garbage bins so that it is absolutely impossible for anyone to reconstitute the devices and have access to the information they once contained."

Beg linked Babikian to Houston attorney Leonnel Iruke of Omnisource Legal Group and Uyamadu Law Firm PLLC.

"Mr. Iruke works exclusively or almost exclusively for Babikian," Beg's filing states. "He is always available for Babikian and jumps on a plane to meet him in Monaco, Montreal or any other cities whenever he requires his presence. He is the one setting up corporate entities, helping Babikian to get different citizenships and to shelter his assets from recovery by any type of creditors."

Beg also claimed that Babikian runs cash through Iruke's trust account as a conduit for sundry expenditures and that a debt that Babikian supposedly owed Iruke was used as a basis for bankrupting a Quebec company that Babikian controlled.

Iruke did not respond to phone calls seeking comment.

With the money reaped from Awesome Penny, Babikian invested in real estate, buying a pair of homes in Los Angeles, according to a lawsuit filed by Beg in California Superior Court in Los Angeles. Babikian also invested in nine condos at the beach resort TheReefAtlantis in Nassau, Bahamas, as well as three waterfront lots in Quebec for $2.7 million, according to the Canadian injunction. He bought a condo in Montreal for $370,000 in cash and another piece of land in Quebec for $677,250 in another cash transaction.

Beg said that her husband used cash even in very large transactions. She claims that she once helped him count out $3 million to construct a home in Montreal.

Babikian also bought luxury cars, including 2010 Bentley Continent, a 2010 BMW X6, a 2010LamborghiniGallardo and a 2008 Bugatti Veyron, Beg claims.

Babikian's bankers were troubled by his accounts, according to the divorce filing. It said thatBank of Montrealclosed an account of Babikian's after he told the bank his yearly income was $24,000 but hundreds of thousands of dollars began posting to the account from odd locations and sources that were essentially untraceable.Royal Bank of CanadaandHSBCSwitzerland also told him to take his business elsewhere. On the other hand, HSBC Hong Kong, according to Beg, furnished Babikian with a device making it easier to do wire transfers from anyplace.

Beg listed accounts for Babikian in Los Angeles at Bank of America, as well as banks in Hong Kong, Monaco, the Bahamas, Belize and Malta.

Before he debarked for Monaco, it appears that Babikian's business and personal affairs took a turn. The Quebec revenue service filed documents in April that showed two businesses controlled by Babikian went bankrupt and that he sold off the 2010 Lamborghini Gallardo for C$190,000. He sold off a Range Rover in Los Angeles for $65,000 earlier this year. Beg said in a legal filing that the sale of the Range Rover, which was also in her name, was done against her wishes and that Babikian had to forge her name in order to sell the vehicle.

In June, according to Beg, Babikian removed the couple's wine collection that carried a value of $1 million as well as a pair of Arturo Di Modica bull statues worth $600,000, similar to the famed 11-foot sculpture at Bowling Green Plaza near Wall Street in New York.

While Babikian sold off the Lamborghini, he did manage to hold onto the Bugatti Veyron. According to Beg, Babikian avoided having the car seized by the tax agency by shipping it to Monaco. He had it brought back in June 2012 for the weekend of the Grand Prix Montreal. Following the race, Babikian allegedly shipped the car back to Monaco, frustrating the tax authorities who wanted to impound the car.

A Sept. 19 court filing in California shows that Beg filed a lawsuit against her husband for allegedly transferring ownership of the Los Angeles homes the couple owned to entities Babikian controlled in the Republic of Seychelles and Guatemala.

While Awesome Penny Stocks says it is out of the stock promotion business, the website Preferred Penny Stock, which has often promoted the same stocks as Awesome Penny, is trying a new strategy. The website, controlled by Belize-based Victory Mark Corp Ltd., announced on Nov. 4 that it was only going to promote stocks that are listed on theNew York Stock ExchangeorNasdaq.

"Over the last year, our team took serious notice of how the playing field is no longer level in the microcap markets," Preferred said on its website. "In order to continue bringing the best service to our subscribers, we need to change strategies."

Preferred is making an effort to disassociate itself from Awesome Penny Stocks.

"It's no secret that in the past we have been hired to alert some of the same companies as Awesome Penny Stocks, but let us assure you, there is NO affiliation," Preferred said on its website. "Our team has been watching the microcap market closely and frankly we believe the day of the penny stock newsletter has come to an end."

The promoter cited 38 microcap trading halts in the third quarter, the three Awesome Penny Stocks-promoted stocks halted in the last month and companies creating too many shares without regulatory oversight as reasons for its strategy shift.

[daytona52paul]

DID you see someone actually bought shares at bid I think. So, who can sell shares with no market makers?

[daytona52paul]

What's the low volumn all about. No news, no volumn, about 100% drop in value. So, SEC...what about APS, AND OTHERS, and why did you halt this stock? shouldn't there be a better explanation?

[powerbattles]

Why SEC is always one step behind them? Why don't they have these guy running the APS lock them up in JAIL?

What a jokes to suspended these company that's only hurt the rookies investor, APS is the key to ALL the problem and the SEC can NOT stop them pulling these crap chit over again and again.
THAT IS BEING SAID THE SYSTEM IS TOTALLY F*UP.

[Crazy Money]

APS suspended SCAMS don't seem to have many people left that post on them unlike others that get suspended... guess that does actually mean most people that played the APS SCAMS ( especially near the end ) knew that is all they were I guess .... PVEN down 95% 1st day on da greyzzz not shocking at all ...

[power_forward]

down 95 per cent too funny

[anian]

Cheapness!!! Average down everyone. PVEN WHEEEEEEEEEEEEEE!!!!!!!!!!!

[TerribleTwit]

Pretty far...........

[MrMr1]

We will see how far we drop today

[Cruzzzer1000]

PVEN off suspension Nov 12, 2013 at 11:59 pm EST....

[Crazy Money]

Has it been 10 dayzzz yet?

[MrMr1]

Can we trade tomorrow? I mean is PVEN off suspension?

[mrfence]

$PVEN~ Shshshshshshshshssss

[Crazy Money]

weeeeeeeeeeeeeeee PVEN on da Greyzzz "soon" ...

[|| AV ||]

Lol

[daytona52paul]

PAY PAL is a great move....THE CEO NOW HAS HOUSEHOLD INTEREST along with BUSINESS INTEREST. Hey sell it on QVC Or HSN and make 20 million in a day. when this opens SHORTS WILL COVER LIKE CRAZY AS THEY ARE WHO ARE BEING INVESTIGATED, NOT THE COMPANY. IM0

[mrfence]

It's still trading .08 zzzzzzzzzzzz

[risk on]

Aps is incredibly....fd

[ctrumabll]

But... But... Penny stocks come off the Greys all the time. And when it does- TO DA MOON!!!

I used lots of exclamation points, so it has to be true.

[Crazy Money]

weeeeeeeeee... 80%+ drop coming on da Greyzzz... load da boat

[mrfence]

Just for the record... I've never posted on da PVEN board before but I got a PM sayin PVEN was a good buy when it took a dive to .05

Looked at the chart & thought I'd play da bounce off .01 but it just keeps trading sideways @ .08

[VETERANTRADER]

I thought I was the only one LOL

I canceled mine via paypal and kept receiving it.

Either APS is incredibly stupid, or incredibly smart. Hmmmmm...

[risk on]

Coorectomundo

[odega]

Ha,Liars to the end going belly up because of market conditions...More like we's been busted by the SEC...And sure they are going to say their going to give a refund because all their members already cancelled there is nothing to refund,lying SCUM...

[Kick to Start]

I know this is a stupid question
But what exactly did they do that was illegal?
Was it the pumping dumping I mean that shit happens all the time even on the big boards.

[risk on]

Looks to me like the HEAT IS ON, indictments soon to come IMO . Whether they can actually serve the people and get em to a court room is a different matrer

[Kick to Start]

I was getting it for free too after I cancelled it
Lol

[risk on]

Funny thing is, I been getting this " report " for free, ever since VLNX. Guess it really is true, you get what you pay for! Lol. Good thing I treated them like the national enquirer

[risk on]

Dear Premium Member,


Given the recent market conditions, we have decided to shut down our premium services. We want to thank you for following us and for subscribing to our newsletters.

Please be advised that no future charges will be made to your account and charges that were made for this month (November) will be fully refunded.

We hope you enjoyed reading our newsletter and we wish you the best.

Thank you again for following us.
Your Editor,

PremiumStockReport.com

[VETERANTRADER]

All this started because of Michael Gunn and his big mouth LOL!!

APS had to call an audible and switch their pick to POS PWEI - Then the rest is history, and so is APS!

[Inorout]

PVEN is the 3rd company just this month that was slapped by the SEC that I had warned investors about ahead of time. Coincidently, each company ticker symbol began with the letter P. PVEN, PCWT, and PWEI. How did I know these 3 names would get special attention from the SEC? Because it looks like I write some pretty powerful software.

[Grand Champ]

Ha,Ha Lube

[Crazy Money]

They already claimed to have run FNM@ after the MAY run... that was funny and they left it on their site all along, not sure how anyone could believe them ... lolzzz - such scammerzzz

[OTCChasing]

APS should promote FNMA and see if it gets CE and a halt

[Crazy Money]

APS IS EXTREMELY DUMB FOR TRYIN' ANOTHER...

after they said they finally "quit" after the last 2 were suspended... greedy mother f'kers already stole 100's of millions of dollars from others... people alwayzzz played da APS playzzz... what annoyed me were the ones that were helpin' them pump them... lol - those bashing the APS playzzz all along and letting people know they were all SCAMS... are O.K. in my book

[Komando Robot]

You gotta be very EXTREMELY DUMB to play APS

[TEFFY]

Yes sir ,PVEN made it a clean sweep, the P P P trifecta hit

The writing was on the wall here , very obvious.

I feel bad fer the 3rd time fer traders that got caught in this one too.

MAYBE THE PVEN SUSPENSION IS FINALLY ENOUGH FER TRADERS TO REALIZE THE SEC AINT PLAYIN WITH THESE CREEPS "

This game we play is tough enough ,never mind losing it all because of a suspension.

[Bronzebk]

It'll be the same as the others... 0.00??

[peorge]

Any penny stock with a ticker starting with a letter is a scam.