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Well your were in PXCE with righty and it is an obvious scam. I do give you credit though. You do seem like a decent guy, from your past. Hopefully you stick to the straight and narrow and you will never see me on any of your stocks.
Palm Springs Brokerage Services: We never had anything to do with PXCE. We're just starting out.
And we want to do a different investor awareness than most of the IR companies are doing.
We don't Pump, or Spam. We find good companies and bring them to the table for investors to look at. And let them make their own decision.
We're not going to cram them down your throat.
A company that goes public does so for one reason. To raise money to pursue their business plan. They do that by selling shares in their company. That's the whole point of going public. If they can't raise enough money, then they fail.
We only create awareness in solid companies that investors can grow with.........z
look at a board like DUSS (http://investorshub.advfn.com/boards/board.aspx?board_id=9666), where the Promoters are shamelessly pumping the crap out of the stock
PXCE was booted to the greys, I meant the stock not promoter.
He was a part of promoting scam company PXCE an obvious fraud perpetrated by a known scammer. The SEC shut down the scam a month or so ago a definite CAVEAT EMPTOR there.
Palm Springs Brokerage Services
IHub Mini Program
InvestorsHub.com has over 150,000 active investors that have written over 37 million posts.
I myself have been a member since 2001, and am one of the few grandfathers there.
We have many contacts/friends, and we know and converse frequently with the other top investors on IHub.
Each stock forum has it's own 'IBox' where information about the stock is entered by the forum moderators.
We would become either the Moderator, or assistant moderator(s) of your stock's forum.
We would create a good looking IBox for your company, complete with graphics, a chart, all due diligence and other company information.
We would make many investors aware of your company through judicious posts on the other non specific stock boards. We want investors that wish to grow with your company.
We do NOT pump, or spam.
We are well respected, and want to keep it that way.
When we post on a stock, people pay attention, and more often than not will invest in a stock that we bring to the table.
Once the forum is created, it will continue to represent your company indefinitely.
Cost: $7,000 for one month. (Active posting for one month, however, once the forum is created, it will remain indefinitely, and of course we will continue to support your company). Renewable in one month increments.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38145457
TOGI SPAM ALERT>>>BUYER BEWARE>>>ILLEGAL AND UNSOLICITED EMAIL SPAM CAMPAIGN UNDERWAY ON TOGI.
I SENT THIS AND ALL ILLEGAL EMAIL SPAM I RECEIVE TO:
enforcement@sec.gov
&
issuerservices@pinksheets.com
SOMEONE IS GOING TO BE LOOKING TO DUMP SHARES INTO THIS ILLEGAL PUMP!!!!!
From: carmellavblanka@aaog.com
To: jjiaconi@hotmail.com
Sent: 5/22/2009 3:19:50 A.M. Pacific Daylight Time
Subj: Your next investment should be this Company
Rare Opportunity !!!
Tornado Gold International Corp ( TOGI ) has discovered a large naked
short on the company. Shorters will soon be scrambling to cover as the
company supports their shares! The result will be a sizable appreciation
in value!
Companny Name : Tornado Gold International Corp.
Siymbol: TOGI .PK
Current Vallue: $0.052 ( +4% )
Short Term Tarrget: $0.55
Long Term Tarrget: $1.00
Industry: Gold Mining
Thursday volume : 1.1M
Last 3 days volume : 3.2M
About :
Did you miss out on getting into the gold market at $950 an ounce ?
There are still excellent opportunities out there to get into this
booming sector and we have one of those opportunities here in front
of us today. We believe we have determined one of THE best opportunities
with TOGI!
Tornado Gold International Corp ( TOGI . PK ), an exploration stage company,
engages in the acquisition and exploration of mining prospects, primarily
gold in Nevada. The Company has interests in 16 properties, which comprise
of approximately 45,000 acres located in the North-Central Nevada area.
One of these properties, 'Illipah' is believed to contain up to 7ml ounces
of gold. TOGI has so far been able to extract 37,000 ounces of gold. Another
property is an exiting mine that was in production, but was forced to shut
down due to technological inefficiencies that now been resolved and production
has begun to commence once again.
Volume up, price up, put TOGI on your radar, and pay close attention !
ANKARA Turkey (CNN) -- Pope Benedict XVI on Tuesday began his visit to Turkey
-- his first to a Muslim country -- with a message urging dialogue between Christians and Muslims as he moved to ease anger over his perceived criticism of Islam
The best way forward is via authentic dialogue between Christians and Muslims ba
sed on truth and inspired by a sincere wish to know one another better respecting di
fferences and recognizing what we have in common he said in an address at the Directorate of Religious Affairs
Introducing the pope Turkeys chief Islamic cleric Ali Bardakoglu leader of the
directorate made an apparent reference to the popes September remarks that linked violence and the Prophet Muhammed
The so-called conviction that the sword is used to expand Islam in the world and growing Islamophobia hurts all Muslims Bardakoglu said[/B]
We have been alerted to the following scam by -------- ---------
This has been verified by the FBI (their link is included below). This Jury Duty Scam is spreading fast so be prepared should you get this call. Most of us take those summonses for jury duty seriously, but enough people skip out on their civic duty, that a new and ominous kind of fraud has surfaced.
The caller claims to be a jury coordinator. If you protest that you never received a summons for jury duty, the scammer asks you for your Social Security number and date of birth so he or she can verify the information and cancel the arrest warrant. Give out any of this information and bingo; your identity was just stolen.
The fraud has been reported so far in 11 states, including Oklahoma, Illinois, and Colorado. This (swindle) is particularly insidious because they use intimidation over the phone to try to bully people into giving information by pretending they are with the court system. The FBI and the federal court system have issued nationwide alerts on their web sites, warning consumers about the fraud.
FBI Link : http://www.fbi.gov/page2/june06/jury_scams060206.htm
forward them to enforcement@sec.gov
ive been getting those ones also
RECEIVED 2 MORE ILLEGAL AND UNSOLICITED EMAIL SPAMS ON BWIH TODAY. BUYER BEWARE...THERE IS ONE REASON AND ONE REASON ONLY FOR THIS ILLEGAL SPAM CAMPAIGN.
Forward all illegal spam to:
enforcement@sec.gov
issuerservices@pinksheets.com
Buzz UP! BWI Holdings, Inc. Pursuing New Credit Facility
Press release on Monday May 4, 2009 : BWI Holdings, Inc.
(OTC BB:BWIH.OB - News),operating as Budget Waste Inc. (the "Company"),
is actively working with its agents to secure a new credit facility of
up to $5 Million. The Company is currently negotiating the terms
and conditions with multiple lenders to achieve the most cost effective
terms.
BWI Holdings
Syml: BWIH
Current Value :$0.49
Near-Term Tarrget: $2.25
Long-Term Tarrget: $7.00
Fresh news last week showed a serious commitment to their oil field
services sector and we believe this is a positive development. The
market reacted on Friday as BWIH made a big move.This is just getting
started. Traders should keep an eye on this one.
We feel there is a big upside.
BWI Holdings, Inc. is a waste solutions company in providing complete
waste and recycling services to commercial, industrial, construction,
homebuilding, oilfield and residential clients. With their broad range of
innovative services they offer their customers more value for the dollar.
BWIH is currently following its growth through acquisition strategy with
exceptional success.
With regulations throughout North America pressing companies and
individuals to be more vigilant in the way they handle their waste
products we see vast opportunity for expansion of these distinctive
services. The company is confident that extraordinary growth and focus
on customer needs will bring their stockholders outstanding value for
the confidence they have placed in the company.[/B]
wow PAPA is not sec compliant > disclosure of 3rd party is a must and mandatory ????????????????????
Reply to first email i posted and my reply to it below it. Note how now they were not paid to promote and this was the first request. Both of these things are completely false and can be verified by reading the PAPA board and examining the historical disclaimers on Ihub for the promoters.
CAVEAT EMPTOR on any pumps by these folks.
--
Dear Mr. Blain,
Thank you for your inquiry.
This is the first "request" received by you or anyone else for that matter.
As stated in our disclosure, SAP provided our client with "Management" services which includes data analysis and other other statistical market data.
Unfortunately, many of our clients have come under attack and harassed by individuals (competitors) in the past in which we have had to change our disclosure policies. We are strong believers of full and fair disclosure. Although our contract with this client was not for "promotion," please feel free to send us a written request for such information to:
P.O. Box 16004
Chapel Hill, NC 27516
Reply
17-B is quite clear, could you please now tell me who paid for the promotion and their relation to the company as per securities regulation 17-B. The onus is not on me to jump through hoops. It is on YOU to disclose as per the law which you have blatantly disregarded. You were paid to pump this stock and did shamelessly as massive amounts of shares were dumped with no exemptions to be found.
Express your displeasure with the PAPA dump and dump.
from jay blain <xxxxxxxxx@gmail.com>
to cs@stockawarenessprofessionals.com
cc enforcement@sec.gov
Hi,
You have repeatedly been asked to properly disclose the persons/company who paid you to promote PAPA. You have refused such requests despite strong allegations that unregistered shares are being dumped into the market along the presence of a notorious stock scammer. Once again, Please comply with regulation 17-B and tell me who paid for the PAPA promotion and what is their relation to the company. Considering you rarely disclose your promotions the least you could do is disclose this time?
Thanks
BWIH>>>BUYER BEWARE>>>ILLEGAL & UNSOLICITED SPAM EMAIL CAMPAIGN UNDERWAY.
SOMEBODY HAS STOCK TO DUMP
Forward all ILLEGAL AND UNSOLICITED SPAM TO:
enforcement@sec.gov
issuerservices@pinksheets.com
The basics. In this time of uncertainty we can still find Opportunity.
We just have to know where to look. One thing we can be Certain of
is that companies involved in basic daily need-type sectors are going
to continue to do well.
Within this sector we look for those Special Gems which have a Solid
foundation yet are Innovative enough to Sustain Strong Growth.
That is what we bring you this week with BWI Holdings.
BWI Holdings
Syml: BWIH
Value: $0.20
Near-Term Tarrget: $0.80
Long-Term Tarrget: $1.75
The emergence of BWIH has captivated the attention of a wide range of traders.
Next month is expected to be especially good with a well deserved PR drive.
BWI Holdings, Inc. is a waste solutions company providing complete waste and
recycling services to commercial, industrial, construction, homebuilding, oilfield
and residential clients. With their broad range of innovative services they offer their
customers more value for the dollar. BWIH is currently following its growth through
acquisition strategy with exceptional success.
With regulations throughout North America pressing companies and individuals
to be more vigilant in the way they handle their waste products we see vast opportunity
for expansion of these distinctive services.
The company is confident that extraordinary growth and focus on customer needs
will bring their stockholders outstanding value for the confidence they have placed
in the company
Penny finds another SCAM..
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
SECURITIES EXCHANGE ACT OF 1934 Release No. 59827/April 28, 2009
The Securities and Exchange Commission announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the “Exchange Act”), of trading of the securities of Pax Clean Energy, Inc. (“Pax Energy”), of North Saanich, British Columbia at 9:30 a.m. EDT on April 28, 2009, and terminating at 11:59 p.m. EDT on May 11, 2009.
The Commission temporarily suspended trading in the securities of Pax Energy, which are quoted on the OTC Bulletin Board and on the Pink Sheets operated by Pink OTC Markets Inc. under the ticker symbol PXCE, because it appears to the Commission that there is a lack of current and accurate information concerning, among other things, an acquisition by the company, the value of the company after the completion of the acquisition, and the company’s current and future financial condition.
The Commission cautions broker dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company.
Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but immediately contact the staff in the Division of Trading and Markets, Office of Interpretation and Guidance, at (202) 5515777. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to Pax Energy’s securities until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met.
If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action.
If any broker dealer or other person has any information which may relate to this matter, the Los Angeles Regional Office of the Securities and Exchange Commission should be telephoned at (323) 965-3998.
Please put stock symbols,, US and Foriegn and price in all posts..
The decline in the PPS seems to say it all.
Insiders seem to be dumping into the pump.
Good luck,
Phil
PAPA caveat emptor
Posted by: papaisaliar Date: Friday, April 24, 2009 5:25:11 PM
In reply to: rrufff who wrote msg# 4702 Post # of 4707 [Send a link via email]
Interested in Papa Bello..Please Read before going forward. Papa Bello will not disclose anything to anyone and they will lie to sell franchise's. They won't disclose that their Wal-Mart lease is in Jeopardy(which was confirmed by a Senior Wal-Mart executive). But they advertise selling stores in Wal-Mart. There is a potential class action suite being put together against them involving 8 past and present franchisees. There is/are several also a formal complaint filed with the SEC, the Attorney General of Nevada, Alabama, Tennessee, South Carolina, and Oklahoma so far. Their original auditers were fired(we think because they discovered something) now they have new auditors in. We know two of the Area Developers were promised shares of stock for performance but Chase Canfield the CEO/Owner has backed out of that deal after the Area Developers performed as asked and spent their monies.
We understand some of the Senior Staff has been let go aswell. Brittan Ashjian one of the orginial partners is no longer there, but it seems he has been paid off or being paid currently to keep his mouth shut.
Please reply here if you wanna know more.
Wachovia Brokerage defrauded me of monies they claimed were a safe investment into SHMMX Legg Mason Manged Muni Fund which plummetted in value these past several months. Shame on them.
Too funny Papa dump!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37119848
Posted by: IH Admin [Matt] Date: Friday, April 17, 2009 3:58:01 PM
In reply to: None Post # of 3316
This board is the most shameless pump board I've seen in a long time -- maybe ever.
You guys are posting absolutely garbage posts, clearly to promote the stock. It also "looks" like there's several of you that are being paid in some way but aren't disclosing.
Either way, all of you need to take a step back for a day or two and read the nonsense you're writing.
You should all believe what you're writing to be true and make sure what you're posting to the board isn't nonsense. Most of you have been on this site for a very long time and have earned major points (peoplemarks) for the valuable contributions you've made over the years. I'm in shock to see the senseless babble some of you old time iHubbers are posting here.
I'm shutting down the board to think this through.
Pr
WOW. this guy took a whole brokerage down ...... http://www.usdoj.gov/usao/pae/News/Pr/2009/feb/georgiouind.pdf
PGYC,...Here's your answer folks:
just called Delaware - they said share structure was increased to 1 Billion Shares (common) on April 3, 2009.
I used the info posted on IHUB
Delaware Corp Info - 302-739-3073 - Option 8 - Corporate File number for PGYC is 4129054
guess that explains some things. tsk tsk
===========================================================
from the PGYC iHub Forum:
Posted by: continuum Date: Monday, April 06, 2009 6:18:39 PM
In reply to: lookingforhelp who wrote msg# 4580 Post # of 4592 [Send a link via email]
PGYC - Big time pump by a flock of first time 'pros' ??
Several scam busters are already all over that one.
Have fun,
Phil
MORE VSYM ILLEGAL SPAM>>BUYER BEWARE>>>ILLEGAL AND UNSOLICITED SPAM EMAILS BEING SENT
SOMEONE IS TRYING TO GET LIQUID
FORWARD THIS AND ALL ILLEGAL SPAM TO:
enforcement@sec.gov
issuerservices@pinksheets.com
From: bradleyldripa@a2btravel.com
To: ########@bsci.com
Sent: 3/1/2009 4:14:25 P.M. Mountain Standard Time
Subj: Aggressive Investors Information
Did we call it or did we call it ?!?
VSYM.OB is flying high, and the PR blitz is just getting going.
Company: VIEW SYSTEMS INC ( VSYM.OB )
SeCctor : Security Software & Services
Value : 0.068 ( +36% )
Last 2 days volume : 1.5M
Last 2 days : up 52%
Ratting : Positive in the short term on News. Very bullish long.
Tarrget : $1.10
Latest marketwire headlines :
BALTIMORE, MD--02/27/09 9.15 a.m. -- View Systems, Inc. (OTCBB: VSYM),
a security and teledata solutions provider,has released information on
its latest product, the MINI : Mobile Intelligent Network Informer.
BALTIMORE, MD--Feb 26, 2009 -- View Systems, Inc. (OTC BB:VSYM.OB - News),
a security and teledata solutions provider, announced today that the firm
remains consistent with steady sales and increased interest in its
innovative security technology product line.
The promotional campaign keeps going. More news awaited to boom it this week !
Watch VSYM.OB now !
VSYM>>ILLEGAL AND UNSOLICITED SPAM CAMPAIGN
forward this and all ILLEGAL AND UNSOLICITED SPAM TO:
enforcement@sec.gov
issuerservices@pinksheets.com
Serious Stock Strength : VSYM.OB
Compnay: VIEW SYSTEMS INC (Value : $0.065)
Syml: VSYM.OB
Sector: Security Software & Services
Tarrget: $0.90
Ratting: very bullish
BALTIMORE, MD--(MARKET WIRE)--Feb 18, 2009 -- View Systems, Inc. (OTC BB:VSYM.OB - News),
a security and teledata solutions provider, further commented on the recently announced contract with
Verizon FIOS Solutions.
The agreement tasks View Systems, Inc. to install and run fiber optic cable to 25,000 apartment units in Virginia.
Additional requirements could potentially increase the size of the total contract to $10 to $12 million.
Security and surveillance systems are a potential for incremental revenues.
The company will begin work on March 9th and anticipates completing the project during the fourth quarter of this year.
However, some of the revenues from this contract will be recognized in the second quarter.
"This contract will result in record sales for the company and will align us with one of the predominant leaders
in the communications industry," stated View Systems CEO Gunther Than. "We welcome this opportunity from Verizon
to expand its cutting edge FIOS technology and look forward to a long lasting relationship with the telecom giant.
As a result of this agreement, our management team will revise our fiscal projections to reflect the increase in revenues
and earnings."
About View Systems, Inc. manufactures and installs weapons detection identification systems, video management
platforms and teledata communication networks targeted towards correctional facilities, schools, courthouses,
government agencies, event and sports venues, the military and commercial businesses.
BWIH>>>BUYER BEWARE>>>ILLEGAL & UNSOLICITED SPAM EMAIL CAMPAIGN UNDERWAY.
SOMEBODY HAS STOCK TO DUMP
Forward all ILLEGAL AND UNSOLICITED SPAM TO:
enforcement@sec.gov
issuerservices@pinksheets.com
Put BWIH.ob on your radar
Sym: BWHI - Budget Waste Inc Holdings
Currrent Value: $0.75
Near-Terrm Tarrget: $2.25
Long-Terrm Tarrget: $7.00
Market wire news Feb 23, 2009 :
BWI Holdings, Inc. Signs a Five Month Contract With EPCOR
Traade smart and win !
Dropping like flies, down to 10 now
Alias Disclaimer Last Edited "About Me" Last Edited
IRISHBULL View Disclaimer 2/22/2009 10:20:44 AM 10/24/2008 10:00:52 AM
Investinginstockmarket View Disclaimer 2/18/2009 1:51:14 AM 10/21/2008 5:46:57 PM
tmstocks View Disclaimer 2/21/2009 11:20:47 PM 10/20/2008 6:44:18 PM
QualityStocks View Disclaimer 1/23/2009 11:01:19 AM 10/22/2008 3:15:07 PM
righty View Disclaimer 2/23/2009 8:33:39 AM 9/23/2008 7:45:02 AM
The Paper Chaser View Disclaimer 1/6/2009 11:16:17 AM 10/17/2008 11:38:52 AM
ClayTrader View Disclaimer 2/18/2009 7:08:43 PM 10/22/2008 12:41:33 PM
thebullpick View Disclaimer 10/24/2008 2:47:34 AM 10/24/2008 2:56:15 PM
MARKETEDGE View Disclaimer 1/27/2009 12:04:31 PM 1/7/2009 12:25:32 AM
Xplosivestocks View Disclaimer 11/16/2008 11:21:30 PM 11/16/2008 7:51:01 PM
cant sell during promotion > before or after > the other thing if he has shares from being an insider and doesnt disclose > and he posts > i believe thats not rite lol
I have a few general promoting/advertising questions and wondered if a few of the gurus on this board could answer it for me?
If someone has on their website that they were paid to "advertise" a said stock yet they posted positively for over a year on various stock boards about the stock and attack others that have negative opinions, shouldn't they have to disclose how much they were compensated?
Now add to this factor that this person was involved in the merger and was compensated because he was the ex CEO of the shell. If he's still posting on boards about this stock, shouldn't he be required to post how much he was paid both in free trading and restricted shares? He seems to be posting that he's a "very large shareholder" which IMO is deceiving because it's not being disclosed how he became a large shareholder and how much he was compensated.
I've also noticed other promoters that will disclose that they were compensated in shares and will update how many shares they still currently own (thus disclosing how many they've sold). Is this also a required disclosure or something that they're just being up front and honest about voluntarily?
Anyone know something about the SEC laws in reference to any of these issues?
I'd love to know.
Thanks!
lol... i thought you mispelled huge at first... lol
HGUE>>>>It will be very interesting to see what I-Hub promoters are linked to this obvious P&D
no IT IS NOT. I do not get much spoam in that email either
I just got more. Just curious Buckley, is that the email address you used to subcribe to I-Hub?
i got that one in an email That I have never ever got a stock spam before. It was my work email so im thinking it is being spread Hguely
HGUE>>>>BEWARE<<<ILLEGAL AND UNSOLICITED SPAM ALERT>>>BEWARE
I received this email tonight
Hague Corp. (OTCBB: HGUE)
Solterra Renewable Technologies, Inc.
I just wanted to tell you why I am so excited about this profile.
you can see Hague is truly revolutionary:
Solterra will be producing and distributing a Thin Film Quantum Dot PV Solar Cell,
which is differentiated from other traditional PV cells by a unique technology
that can result in lower cost, higher efficiency, and broader spectral performance.
I will personally be visiting the company later this day.
Look for much more on Hague Corp and Solterra Renewable Technologies, Inc.
Company: HGUE
Rating : very bullish
Sector : Green tech
Current: $0.10
Target : $0.74
West Vancouver lawyer wrecks his career in stock scheme
Andrew Gordon Walker, who misappropriated money from PanTerra Resources Corp., has resigned as a lawyer and now faces disciplinary action by the B.C. Securities Commission
By David Baines, Vancouver SunJanuary 17, 2009
A West Vancouver lawyer's career is in tatters after he admitted misappropriating money from PanTerra Resources Corp., a Calgary-based junior company that trades on the TSX Venture Exchange.
In November, Andrew Gordon Walker, a sole practitioner who specialized in securities law, admitted his sins to the Law Society of B.C., resigned as a lawyer, and agreed not to apply for reinstatement for 10 years.
Now he and two former PanTerra co-directors, Dale Paulson of Surrey and Giuliano Tamburrino of Edmonton, are facing disciplinary action by the B.C. Securities Commission in the same matter.
For Walker, it's a homecoming of sorts. From June to December 1988, he worked as a securities lawyer at the commission.
The commission alleges that in February 2005, PanTerra transferred $86,380 from its bank account to the trust account of Walker's law firm, then Walker -- in concert with Paulsen and Tamburrino -- used the money to buy 614,470 shares from two PanTerra shareholders, and kept the shares for themselves.
The commission also alleges PanTerra paid a $50,000 finder's fee to a company owned by an associate of Tamburrino, purportedly for finding a property in Alberta. However, the associate was never involved in the transaction, and the three men were aware he wasn't involved when they consented to the payment.
The commission alleges the finder's fee was initially paid in shares to the associate. But the following year, Walker, in concert with Paulsen and Tamburrino, caused the shares to be sold and kept the proceeds.
Meanwhile, the commission says, PanTerra filed documents with the commission falsely representing that it had spent $136,455 on the Alberta property and the finder's fee.
Walker has already admitted his role in the scheme to the law society and taken his lumps. So it does not seem likely he will contest the commission's allegations. No word on whether Paulsen and Tamburrino will fight the charges.
- - -
The B.C. Securities Commission's crackdown on fly-by-night stock deals that Vancouver promoters float on the dreadful OTC Bulletin Board in the United States appears to be working, judging by the declining number of B.C.-based companies that have filed registration statements with the U.S. Securities and Exchange Commission.
Last September, the commission imposed new rules that make any company, regardless of where they are registered or trade, reporting issuers in B.C. as long as they have a substantive connection here. This makes them subject to the same disclosure rules as all other B.C. public companies and, by extension, places them squarely under the purview of the B.C. commission.
Other provinces have not enacted similar rules, simply because the proliferation of bulletin board companies has been pretty well confined to B.C. This has created a regulatory vacuum which, it now appears, is being exploited.
Last month, two Toronto-based companies, York Resources Inc. and Bearing Mineral Exploration Inc., filed registration statements with the SEC as a prelude to going public on the bulletin board. Both had all the hallmarks of the deals that caused Vancouver so much reputational damage.
The registration statements show York acquired a claim in Nevada for just $3,500, and Bearing acquired a claim in Newfoundland for a mere $508. Both companies were able to find compliant geologists who were willing to say the claims were worth exploring.
Each company has presidents who know nothing about exploration. York's president is Kelvin Campbell, a 50-year-old salesman in Toronto. Bearing's president is 59-year-old Gerhard Schlombs, who runs a renovation company called Dick's Home Improvements in Toronto. These men suddenly want to drill for gold?
Each company has assets of less than $40,000 cash, nearly all of it cash raised by selling shares to close friends and family at fractions of a cent. That's not nearly enough to conduct meaningful exploration programs.
Bearing's filing solicitor is Conrad Lysiak of Spokane, Wash., and York's is Joseph Emas of Miami Beach, Fla. Each have been filing solicitors for dozens of fly-by-night, B.C-based bulletin board companies. Bearing's auditors, Malone & Bailey, and York's auditors, LLB & Associates -- both located in Houston, Tex. -- have also been associated with many dubious bulletin board issuers. In most cases, these companies present themselves as earnest explorers, then quickly morph into something else.
What typically happens is that after these companies get cleared for trading, the people behind the scenes who are really running the show quietly gather up all the seed shares.
They end up with a tight, easily controlled shell company that they can either sell to another promoter, or use for their own stock promotion.
It's a recipe for grief. The Ontario Securities Commission should keep a close eye on these deals.
- - -
SEC investigates pinks? This from a poster on another board who has called SEC many times and their (SEC) answer:
I have called the SEC more than most here, maybe more than anyone. After more than 30 calls to the same guy, he knew me by name, he told me the SEC is too overwhelmed with the big boards to spend resources on Pinks. He told me they will be the last to get attention, and prolly not in our life time.
That is the truth of the matter, and any one thinking or believing differently is living in a dream.
Wake up! The SEC will never ever do anything about AURC.PK, never.
I wish they would, it might help, but they wont.
Be careful of Forex ponzi schemes...i.e. Jim Ossie/CRE in Atlanta...see CFTC and SEC litigation releases.
just lately, i,ve been receiving them on my nextel. i'll post the next.
I never open spam e-mail, period.
So I could be getting some with stock spam buried in it.
The spam I was talking about almost never getting anymore is the kind that had the ticker in the subject line.
Phil
Hi Phil LOL and I thought it was because the spammers figured out I was hot on their tale!
Would be nice if the SEC cracked down. I do get opt in spam mail that is a round about way to spam and boarder on being legite.
The stocks they promote pretty much follow the same path!
regards
Shorts
I hardly ever receive any e-mail stock spams anymore either.
Maybe the SEC finally cracked down on them.
I don't even get any in my spam folder.
Phil
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12/09/06
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Moderators Bull Trader |
Welcome to the Spam and Scam Stock Message Board!
The Spam & Scam Stock message board is intended to share info on stocks that are currently being spammed to the public by e-mail, fax, phone and internet message boards through "stock awareness" or "promtion" companies paid to "pump" a stock for the benefit of company officers.
Typically, these are the riskiest stocks since the companies are deliberately paying people to "pump" the share price to enable company officers sell stock to the unsuspecting public. Unfortunately, people buying these hyped stocks will become the next generation of BAG HOLDERS
Be advised that many stock promotions sent to the public are usually distributed by unidentified individuals seeking to defraud the public. Investors are encouraged to use care and Due Diligence (DD) in their investment decisions, as mass spam campaigns are commonly used by unscrupulous promoters in “pump and dump” schemes.
In most cases, these securities promoters and those who finance them hope to turn a quick profit when unsuspecting investors buy stocks based on unsupported or spurious claims/press releases - leading the stock's market value to plummet as soon as these promotional activities cease. Always remember that these promoters are front runners and already have received stock that they will be dumping on the unsuspecting investment community.
Internet Fraud: How to Avoid Internet Investment Scams: http://www.sec.gov/investor/pubs/cyberfraud.htm (Read before YOU LOSE ALL OF YOUR MONEY on "Pink Sheet" stocks that don't file earnings reports with the SEC.
Pump-and-Dumpers Face up to 10 Years in Jail after Stealing More than $20 Million (Sep, 14, 2007): http://investorshub.advfn.com/boards/read_msg.asp?message_id=22889376
Beware of the Penny Stock Hype: http://investorshub.advfn.com/boards/read_msg.asp?message_id=22799151
Internet Message Boards: Pump and Dump operations rely heavily on deceiving "suckers" on the stock message boards. The relationships of stock message board companies and Penny Stock "promotion" companies appears to be growing: http://investorshub.advfn.com/boards/read_msg.asp?message_id=22443933
Junk Faxes: Pump and Dump operations continue to use "junk faxes" even in the age of emails.
* http://www.junkfax.org/index.html (Junk Fax.org - Dedicated to Helping Stop Junk Faxes)
*The owner of this web site has sued several Pump and Dump operations for spamming his fax machine.
* http://www.junkfax.org/fax/profiles/wsp/wsp.htm (Largest Pump & Dump via Fax in US history)
Take Action - Forward Spam Emails & Faxes To The Authorities:
SEC Email: enforcement@sec.gov
Pinksheets.com Email: info@pinksheets.com; issuerservices@pinksheets.com
UCE Email: spam@uce.gov
FBI Web site: http://www.fbi.gov
DOJ Web site: http://www.usdoj.gov (Dept of Justice)
Canada Securities Administrators (CSA): http://www.csa-acvm.ca/html_CSA/invinfo_spam_emails.html
Check PinkSheets.com For Stock Ratings BEFORE You Decide Buy!!!: http://www.pinksheets.com/pink/otcguide/categories.jsp
Caveat Emptor: BUYER BEWARE. There is a public interest concern associated with the company, which may include a spam campaign, stock promotion or known investigation of fraudulent activity committed by the company or insiders. During a spam campaign, any stock that is not in the Current Information category will also have its quotes blocked on pinksheets.com.
"Watch Out For The Skull And Crossbones": http://www.washingtonpost.com/wp-dyn/content/article/2007/07/28/AR2007072800047.html
No Information: Indicates companies that are not able or willing to provide disclosure to the public markets - either to a regulator, an exchange or Pink Sheets. Companies in this category do not make Current Information available via Pink Sheets News Service, or if they do, the available information is older than six months.
This category includes defunct companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky.
Limited Information: Is designed for companies with financial reporting problems, economic distress, or in bankruptcy to make the limited information they have publicly available. The Limited Information category also includes companies that may not be troubled, but are unwilling to meet Pink Sheets' Guidelines for Providing Adequate Current Information.
Current Information: Indicates reporting companies that submit filings to regulators with powers of review and that make the filings publicly available or non-reporting companies that make current information publicly available on the Pink Sheets News Service. The Current Information category is based on the level of disclosure and is not a designation of quality or investment risk. This category includes shell or development stage companies with little or no operations as well as companies without audited financials and as such should be considered extremely speculative by investors.
OTCQX: Companies worthy of investor consideration that have operating businesses, audited financials and provide credible disclosure to the public can qualify for the OTCQX premium market tier. Designed to meet the particular needs of small to medium-sized U.S. public companies and foreign stock exchange-listed companies, OTCQX aims to raise the visibility among U.S. investors of OTC traded companies that have strong operating models and that provide high-quality disclosure to the marketplace. For more information on OTCQX, please see www.otcqx.com.
"The SPAM & SCAM Sniff Test"
In order for a stock to be listed on the Spam and Scam Stock Board, it must meet one of the following criteria:
1. Received an unsolicited Spam email or Fax in the last month.
2. Quotes blocked and the promotional activities warning up on the pinksheets Quote page.
3. Recent merger, revere split, and/or issued restricted shares in exchange for free trading shares.
4. Recent suspension from trading, in default or Revoked with their state of corporation.
Educational Resources to Learn about SPAM & SCAM Operations:
http://www.spamnation.info/stocks/index.php
http://www.investorshub.com/boards/board.asp?board_id=610
http://www.sec.gov/litigation/suspensions.shtml
http://searchwww.sec.gov/EDGARFSClient/jsp/EDGAR_MainAccess.jsp
http://www.sec.gov/edgar/searchedgar/webusers.htm
http://www.sec.gov/investor/pubs/microcapstock.htm
http://www.law.uc.edu/CCL/33Act/sec17.html
http://www.pinksheetstocksblog.com/
Spam Stock List: http://www.crummy.com/features/StockSpam/reports/?C=M;O=D
Penny Stocks Being Shorted: http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?cntry=usa&tag=United%20Stat....
Short Interest Links:
http://otcbb.com/asp/OTCE_Short_Interest.asp
http://www.pinksheets.com/marketactivity/reg_sho_list.jsp
Verifty The Company Is Still Incorporated:
COLORADO: http://www.sos.state.co.us/biz/BusinessEntityCriteriaExt.do
DELEWARE: http://corp.delaware.gov (See Services - General Information)
FLORIDA: http://oss.dos.state.fl.us (See Corporations)
GEORGIA: http://www.sos.state.ga.us/corporations
ILLINOIS: http://www.ilsos.gov/corporatellc
MASSACHUSETTS: http://corp.sec.state.ma.us/corp/corpsearch/corpsearchinput.asp
NEVADA: http://www.sos.state.nv.us (Click on or scroll over Commercial Recordings then select Business Entity Search)
NEW YORK: http://appsext8.dos.state.ny.us/corp_public/corpsearch.entity_search_entry
OREGON: http://egov.sos.state.or.us/br/pkg_web_name_srch_inq.login
UTAH: http://corporations.utah.gov (Scroll over or click on searches then select Business Entity)
WASHINGTON: http://www.secstate.wa.gov/corps/
WYOMING: http://soswy.state.wy.us/
Gagged Transfer Agents = TROUBLE - STAY AWAY:
Why? Companies that won't allow stock transfer agents to release outstanding share figures are probably selling tons of shares to pay their corporate salaries or wosre.
Select American Transfer Company (Closed - Allegedly Selling Counterfeit Shares)
118, Finch Avenue West, Suite 35
Toronto, Ontario M2N 7G2
Phone: 647.722.9581 Fax: 647.723.0366
First American Stock Transfer Company
706 E Bell Rd, Suite 202
Phoenix, AZ 85022-6642
Phone: 602.485.1346
Transfer Online, Inc
317 SW Alder Street, 2nd Floor
Portland, OR 97204
Phone: 503.227.2950 FAX: 503.227.6874
Integrity Stock Transfer
2920 N Green Valley Pkwy
Las Vegas, NV 89120
Phone: 702.317.7757
Very Informative Message Boards on Penny Stocks:
Dump The Pump: http://www.investorshub.com/boards/board.asp?board_id=9311
FAKE: http://www.atomicbobs.com/index.php?board=276
Market Scams: http://investorshub.advfn.com/boards/board.asp?board_id=610
Reverse Split Repeat Offenderss (RS/RO): http://investorshub.advfn.com/boards/board.asp?board_id=3017
iHub's Pump & Dump Hall of Fame: http://investorshub.advfn.com/boards/board.asp?board_id=9580
CEOs of Scam Companies: http://investorshub.advfn.com/boards/board.asp?board_id=9937
Scammy CEOs: http://investorshub.advfn.com/boards/board.asp?board_id=8927
BagHolders (SCAM): http://investorshub.advfn.com/boards/board.asp?board_id=2537
Disclaimer
This message board, and its moderators, are not associated with any publicly-traded companies, stock promotion companies or third-party relations to stock promotion companies.
All messages, including iBox content, are only the opinion of the poster, are no substitute for your own research, and should not be relied upon for trading or any other purpose.
Please review the Investors Hub Terms of Service (TOS) for message posting rules. Posting on internet message boards is not anonymous and you can be held liable for spreading false and misleading information about people and companies. Post at your own risk.
TOS Refresher: http://investorshub.advfn.com/boards/complex_terms.asp
For more information about investing, Internet fraud, and micro-cap stocks, please visit the following SEC web sites:
http://www.sec.gov/sitemap.shtml
http://www.sec.gov/investor/pubs/cyberfraud.htm
http://www.sec.gov/investor/pubs/microcapstock.htm
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