I don't understand something. What extensions? You guys talk like they are required to file financials and that they filed for an extension. CUBV is a non-reporting company so they don't have to file anything and they certainly don't need permission to be late.

I didn't refer to any misinformation. Don't put words into my mouth. But the stock was unquestionably pumped and then dumped. That's what promoters like Epic Stock Picks do. How else do you explain 6 million shares suddenly appearing out of nowhere and into the market?

nope...like the product and even tried it but I don't like shady CEOs or pump and dump schemes

well I've already posted the court records and all you have to do is look at the stock action over the last three months. Judge for yourself. Sure seems true to me.

this explains it nicely

http://www.pumpsanddumps.com/2011/04/cuba-beverage-cubv-insiders-dump.html

Well ok, if that's how you want to look at it. I choose to deal with companies that are handled by professionals that follow the rules. I think you'll find the street looks at it the same way.

Uh, a bank suing for Breach of Contract and the defendant not even responding? Doesn't sound very responsible to me.

Why don't you learn to follow the instructions? If you did you would be successful.

Here's some DD for you. The next time you want to call somebody liars it might behoove you to do some DD instead of relying on some BS a CEO or IR guy is telling you. It took me a minute but I found out.

From the court website:

http://www.sdcourt.ca.gov/portal/page?_pageid=55,1&_dad=portal&_schema=PORTAL

Click on "Register of Actions" and enter case number 37-2010-00089432-CU-BC-CTL. Here's what you get:

Case Number: 37-2010-00089432-CU-BC-CTL Date Filed: 04/06/2010
Case Title: JPMorgan Chase Bank N A vs. American Trading Services LLC Case Status: Post Judgment
Case Category: Civil - Unlimited Location: Central
Case Type: Breach of Contract/Warranty Judicial Officer: Lisa Foster
Case Age: 279 days Department: C-60
Future Events

Name

Role

Representation

rowIndex
Loading...
American Trading Services LLC

Defendant


0
JPMorgan Chase Bank N A

Plaintiff

Smith, Barry A

1
Procopio, Alex

Defendant

22

04/12/2011

Abstract of Judgment issued.



0
21

01/21/2011

Notice of Entry of Judgment filed by JPMorgan Chase Bank N A.
Refers to: American Trading Services LLC

JPMorgan Chase Bank N A (Plaintiff)


1
20

01/21/2011

ABSTRACT RECEIVED



2
19

11/22/2010

Declaration - Other (Declaration allowing copy in lieu of original and order signed) filed by JPMorgan Chase Bank N A.

JPMorgan Chase Bank N A (Plaintiff)


3
18

01/10/2011

OSC - Failure to Request Entry of Default scheduled for 02/25/2011 at 08:30:00 AM at Central in C-60 Lisa Foster was vacated.



4
17

11/22/2010

Judgment was entered as follows: Judgment entered for JPMorgan Chase Bank N A and against American Trading Services LLC;Procopio, Alex for $ 85500.35, punitive damages: $ 0.00, attorney fees: $ 2755.00, interest: $ 17386.14, prejudgment costs: $ 495.00, other costs: $ 0.00, amount payable to court: $ .00, for a grand total of $ 106136.49.



5
16

01/10/2011

Default entered as to American Trading Services LLC on Complaint filed by JPMorgan Chase Bank N A .



6
15

11/22/2010

Judgment by Default by Court filed by JPMorgan Chase Bank N A.
Refers to: American Trading Services LLC; Procopio, Alex

JPMorgan Chase Bank N A (Plaintiff)


7
14

09/21/2010

Application for Entry of Judgment filed by JPMorgan Chase Bank N A.
Refers to: Procopio, Alex; American Trading Services LLC

JPMorgan Chase Bank N A (Plaintiff)


8
13

07/28/2010

Default entered as to Procopio, Alex on Complaint filed by JPMorgan Chase Bank N A .



9
12

06/14/2010

Proof of Service of 30-day Summons & Complaint - Personal filed by JPMorgan Chase Bank N A.
Refers to: Procopio, Alex

JPMorgan Chase Bank N A (Plaintiff)


10
11

07/28/2010

Default entered as to American Trading Services LLC on Complaint filed by JPMorgan Chase Bank N A .



11
10

07/28/2010

Request for Entry of Default filed by JPMorgan Chase Bank N A.
Refers to: American Trading Services LLC

JPMorgan Chase Bank N A (Plaintiff)


12
9

10/18/2010

OSC - Failure to Request Entry of Default scheduled for 02/25/2011 at 08:30:00 AM at Central in C-60 Lisa A. Foster.



13
8

09/21/2010

*Default Court Judgment Received*



14
7

08/27/2010

Case reassigned from Hofmann,Yuri to Foster,Lisa effective 08/27/2010



15
6

07/28/2010

***DEFAULT PAPERS RECEIVED***



16
5

06/14/2010

Certificate of Service filed by JPMorgan Chase Bank N A.

JPMorgan Chase Bank N A (Plaintiff)


17
4

06/14/2010

Proof of Service of 30-day Summons & Complaint - Personal filed by JPMorgan Chase Bank N A.
Refers to: American Trading Services LLC

JPMorgan Chase Bank N A (Plaintiff)


18
3

04/15/2010

Summons issued.

And Mr. Procopio and Mr. Wilding thank you for buying up their stock after a successful pump and dump

Yes the CEO is salt of the earth.

from pumpsanddumps.com (are you saying they are liars?)

Then there's the issue of the CEO, Alex Procopio. If you read our advisory, "8 Ways to Recognize a Potential Pump and Dump", you will see that we suggest looking at the background of those running the show. It took us all of 5 minutes to discredit Mr. Procopio. San Diego court records show that Mr. Procopio and his phantom American Trading Services, LLC, were defendants in a Breach of Contract litigation brought by JP Morgan Chase and concluded just a couple of months ago. We call American Trading Services, LLC a phantom because there is no such LLC ever registered with the California Secretary of State, and a company cannot be an LLC if the State has not deemed it so. Even if it were registered in another State, the company would still have to be registered in California as a foreign corporation, since it maintained its offices in San Diego. We believe it to be more likely a dba of Mr. Procopio in an attempt to garner legitimacy.

JP Morgan Chase was awarded a judgment of $106,136.49. What's particularly disturbing is that Procopio didn't even show up to defend himself. Proof of service filings show he knew about it, but apparently he didn't care enough to defend himself in this serious allegation. This doesn't mean that JP Morgan Chase didn't have to prove its case. A default judgment still requires the plaintiff to present his evidence to the court and illustrate why his claims are valid. And JP Morgan succeeded. The question that must be answered then is, would a sensible investor put his money into a company run by one who was found liable for breach of contract against a bank? Another other concern here is that JP Morgan Chase has filed an abstract and is entitled to grab Procopio's holdings in CUBV towards satisfaction of the judgment. And we can tell you, if they do get a hold of his stock, JP Morgan will not be looking to hold onto it it as a good investment.

I don't profit. Like I said, I subscribe and I get email alerts. I hate P&Ds so when they put out an alert or something on their website I post it. That's all. No reason there should be victims to scams like the on you're involved in.

No, it was on their website for 4 days and I subscribe so I got an email on Thursday.

Just got the email. Reading it now.

well it's the same thing as buying this thing based on what Epic Stock Picks says. Newsletters are newsletter whether they are positive or negative.

who cares? I thought you were in this to make money. Or could it be that you're not long?

no problem...just look at the website..pretty interesting

yes they did...fell to .10...anybody wanna bet this thing closes in the red?

It just said that a pump and dump was on. It's on their website too.

We'll see.

agreed...I tried it and I liked it...and Rockstar gives me gas lol

I love these kind of stories. there are not enough of them. I hate pumpers and dumpers.

and how

It did turn...south.

I'm guessing this thing sees 5 cents before it sees 15 cents. Monday's report on pumpsanddumps.com won't help any either.

I have the feeling that pumpsanddumps.com report on CUBV Monday is not going to be complimentary.

This will close at new lows.

This company is on the Pink Sheets so they don't have to make regulatory filings.

well when you say "we got our work cut out for us" it sounds like you can do something about it. lol

what kind of work is that Phil?

Uh, whenever there is a buy, there is a sell. And there seems to be a lot for sale.

I JUST RECEIVED THIS EMAIL

PUMPs & dumpS

Red flagging DANGERS in the penny marke


WBSI Alert!



Be sure to watch for our email alert on WebSafety (WBSI) on Monday, April 11, 2011 at 10:00am ET.



And be careful out there.



www.pumpsanddumps.com

They posted the alert of the Monday report on their website too.

I JUST RECEIVED THIS EMAIL

PUMPs & dumpS

Red flagging DANGERS in the penny market


CUBV Alert!



Be sure to watch for our email alert on Cuba Beverage (CUBV) on Monday, April 11, 2011 at 10:00am ET.



And be careful out there.



www.pumpsanddumps.com

you might get luckier lol

may be another dip yet...wouldn't be surprised to see another round of hammering to take it to .08

you were saying? here's that double dip I predicted

may bounce later but these things usually have double dip before big bounce

See Quinn? No matter how many times you delete the post to an article on the internet, that truth always surfaces. Spam email = pump and dump.

Looked at Cuba's website though. Does anybody know who's behind this deal? I can't find the name of management anywhere on the site or in PRs.