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Truth out for CBAY(E). lol to the delayed 10Q, the numbers proved why Pawson wanted it be delayed as long as possible. He lied and screwed another shareholder base. I hope hypers over there can be quiet now.
It is also very funny to see those hypers excuse for some negative findings. Just like when a poster mentioned how Roger Pawson is associated with GWDB (as we all know, GWDB is known to tons of RSs and destroyed many shareholder bases). The hypers would said it is a different Pawson and said they looked up in the phonebooks that there are many Roger Pawson that held businesses in the country. lol. A simple call to their IR can confirm it but why don't they do it? because they know it will waste their time since they already know they are the same Pawson but want to hide it.
Yea lassie when the obvious happens and the stock sinked hard. Those hypers will claim that they are buying very cheap shares instead of worrying about the hardened losses. On cbay, they keep telling everyone to buy and average out since the .19 to now .04s? How much can you actually average out? That is definitely not the way to trade a stock, to keep averaging out.
They won't address any negatives from the management but blaming shorts, mms, and weak hands selling plus positive excuses like "accumulation going on, they need to push further just to buy more".
When a company sank from .90-.04 in a few months, you know there is something which the management did was wrong.
I have provided the board with many facts that happened, can be proven from their IR, PR, and filings yet all ignored. And PPS went according to the direction I instructed the board members from .19-.04 since I went on their board instead of hypers giving killer dollar targets when a stock couldn't hold in the nickels.
I was banned from "posting on their losses". Yet nothing happened to them when they have repeatedly insulted me, threatened me, and name callings. I can bring up a dozen of those posts. The mod on that board is a holder, he constantly deletes any posts that contains negative sentiments or do not praise CBAY.
Here is the list of good facts provided on CBAY,plus I can add on to the list now.
- IR promised 10Q out before E added and they failed to deliver
- CEO through a public PR a week before 10Q is due that it will be out the next week
- SEC is looking into company on acquisition AUDITS, "how can any company forget the important rule of accompany 8ks on acquisition events unless they have nobrain"
- Another missed schedule on the promise of 8k last week.
- OS increased to over 115m, another what 30m in less than a month, 22m-115m in around 3 months
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Good post from "iamtoocute" of HSM:
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Thanks fireopal, re-edited my evaluation with Guapo's post. CBAY meets almost all the points.
Quote:
Great post by Spectre and Guapo regarding stock scams, check CBAY with the list.
* - Late filings (Another late 10Q filing)
* - Heavy Dilution (OS increased 3fold in a few months even during buyback and still increasing daily)
* - Blaming Low Stock Price On Shorted Stock. (September 27th pr, blame downward pressure on shorts, but never mention dilution)
* - Company Executives Pumping There Own Stock (How many fluff PRs out in between and PPS runs a little then down)
* - Questionable O/S and Float (OS increasing everyday)
* - Inaccurate SEC Filings (Keep fluffing and inflating fake assets on filings)
* - Constant Company Delay’s (Always move slower than everyone else, remember the NOBO list? Others orderd 2 days ahead and received 2 weeks erarly)
* - Previous reverse splits, stock symbol and company name changes, sometimes accompanied by changes in the business they’re in (1 for 25 RS last December)
* - CEO~s with past histories that indicate they were involved in previous pump and dump schemes (Pawson, billion shares after the smokes cleared, IDFR)
* - CEO~s with past histories that indicate they were involved in previous pump and dump schemes (Pawson is also involved with GWDB)
* - Company executives spending a lot of time doing other things than conducting business (Using shareholder money to finance a Nascar racing team)
* - Companies that hopscotch from one business to another (Check Business description under their last filing, they have been hopping from business to business)
* - PR~s containing weasel talk (Read their financial statements and fluff PRs, always inflated property values upong acquisition and contract numbers)
Here's link again to Guapo's post:
http://www.hotstockmarket.com/forums...=36435&page=12
Quote:
I have been getting this question asked of me quite a bit in the recent weeks. “How can you spot a stock scam?”
The answer is, there is no clear and cut way to spot a scam. Obviously the better the scam, the harder to spot. Below is a list of things to look for in stock scams. The list is in no particular order and are more or less just red flags to me that may signal a scam. Just having one or two red flags is a sign of caution to me. More than four and I stay away from it, although I still might “trade” it if Momo is there.
- The company makes many promises but never delivers. Examples: Dividends, To Move Exchanges, The Stock Reaching a Particular Lofted Price
- Late Filings
- Heavy Dilution
- Heavy Pumping and Cheerleading
- Blaming Low Stock Price On Shorted Stock.
- Checkered Past by Company Executives
- New Stocks That See Quick Price Jumps and Declines
- Company Executives Pumping There Own Stock
- Failure to Meet SEC Rules and Regulations
- Questionable O/S and Float
- Inaccurate SEC Filings
- Broker Restriction on Buying and Selling
- Heavily Spammed Stocks
- Constant Company Delay’s
- No Record of Revenues or Profit for Companies that Have Traded for More Than 6 Months
- Promises of Financial Salvation
- Company Focused on Stock Price and Not The Business
- Halted Trading
- It Seems To Good To Be True
These were just a few off the top of my head. As I think of more, I will add them to the list.
CBAY board welcomes every new member that does not praises CBAY with extreme bias. They will bash anyone away and refuses to listen to the other side of the story. Even worse, now some longs that used to praise CBAY followed some of my past findings and changed their sentiment towards CBAY and they got bashed also.
If anyone review the board, you will find they use personal attacks, insults, threads, and extreme name callings for anyone there with negative sentiments.
Also, they will make false accusations that any new member with negative sentiment is skytrades but any mod can check that those should be much different IPs than mine through a traceroute.
Maybe (paid) hypers won't their keep claiming $.50 by end of the year, $1 when 10Q is out, $3-$5 by end of 2007. They hyped last week how it will skyrocket when 8k filed which did not. Then those hypers will ask people to wait and it will be much higher on next item 10Q, but when that does not prove to help PPS, they will target it will by $3 by end of 2007 when revenues kick in and such, just make ppl buy and wait while PPS continues to sink. I was there and warned ppl from $.19 to now .04 and they still bashed me when I called everything right.
And why don't you comment on many hypers here with 95% or more of their posts hyping CBAY on this board or another.
That's what you think but not true. Review MF2's post the other day saying this is a 22m OS.
OS increased from 22.1m to over 78m in a period of less than two months is not diluting "p"? While still some people claim on board saying this is 22.1m OS is not "s". And while PPS went from .19-.04 over this course does not reflect this? Then you explain to me.
I will also regroup my posts with facts and things that the company said, but did not act or turned out differently again later today (lies).
All I see is that you guys continuingly bashing me with personal attacks, threats, name calling, foul languages, slandering, such as making false accusations that I post with multiple alias whenever someone else speak up. When I challenge to call the Admin here to examine it, or I am sure many ppl did. If those there true, I would have been suspended or banned, yet did not happen. Knowing those well, and yet still making false accusations. And regarding those, everytime hypers post such against me, my post respond to combat the accusation would be deleted by the mod who ownz this stock, while the original offtopic post stays, and also any other offtopic post stays, while mine in respond to them deleted.
What did I said that is slander and did not backup or come true? All I see that is you guys hyping is creating more slanderous activity and proven to be damaging when pumping at .19 and now .04.
I will challenge with point to point backups on anything that making you think is slanderous.
Unrealistic hyping and pump and dumps is what we should watch out here:
http://www.winninginvesting.com/pump_and_dump_on_you.htm
http://www.sec.gov/answers/pumpdump.htm
P&D is what damages everyone.
Oh right, why does you post the so claimed TMG shareholder letter that you received, that is if you have one ^^b.
Of course Pawson is not going to dump the shares himself, instead he give out shares to his peers to convert. He is not doing this black and white duh.
Well, Garlin said he have no date, and yea, everyone should call and confirm it themselves. Also why? I thought some hypers also said company wouldn't let it go below a nickel with all the buyback going on back then? HMMM... obviously WRONG. Don't give them much credit or HOPE or else huge BURN.
And don't you feel lucky and HUGE WIN ON THIS DOH? Because you sold at so much higher. Don't you feel good to not holding any now?
Probably after 30 days since the announcement of audit, but then it might go pink either way at the end of this period. PINK, RS, HALT?
Did you even bother to check my monthly volume for CBAY for November post? How much shares traded? MANY MANY MANY SHARES TRADED, AND PPS DOWN = DESPERATE DUMPING.
Just 4 more cents to go before everyone will understand who was lying and who was helping here. It won't take long and not much, remember the rate since October, .19-.04, 2 months and down .15, ouch. So shouldn't take long for 4 more cents, I can wait that. I hope to see many thanks by the time. But I still wonder what these paid hypers will say, they will say "BUY MORE, AVERAGE DOWN. 009 is super cheap shares. MEGA BUY! TO DA MOON!"
Anyway, they might see $1 by end of Jan 2007, after a 100 to 1 RS split of course.
Maybe is because Pawson intentionally delaying/buying time to dump more shares before the big collapse ("REVERSE 'S')? There ain't much thoughts on this one except for endless shares dumping and not enough buy interest to support. Result = price down to the bottom, then "R" to correct the share structure, and the game begins again ^^b
I suggest doing some DD before holding this one. There are many paid hypers on this board who are hyping unrealistic $3 target prices. Think about it urself, $3 that easy. Better do more research, thing you see are never exactly how it is.
Another desperate fluff pr to support price at current levels to sell more shares. But won't work, it will continue to be bloody. Been proven after every pr.
Anyway, checkout the November monthly volume for CBAY:
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=CBAYE&SortBy=volume&Month=....
Company converted and sold over 25million shares through VFIN for the month of November alone. Figures looked right and the dump is still in progress. With around 76m shares traded, hmmm, that is almost the entire OS lol, unless the OS has been much more. Prices precedes volume, in this case, negative price after mega volume, ^^b.
The hypers can hype all they want but this still continue its strong downtrend just like before, their hypes were useless :) I bet they haven't get pay for sometime and now desperate.
lol, seeing ppl like MF3 who does abolsutely no research and get bailed by hypers is funny. He should at least read some posts or do some dd. lol. The current OS is should be around or over 100m. The number you using is nonupdated from last filing, only a couple months and already diluted 5x the OS :)
Their plan now is to convert all the preferred Bs, but knowing what has happened, this will fall to .01 soon at this rate. Do a RS. Nice fresh start for them, they can go on to entertain another shareholder base with over 100m asset hypes at the cost of the previous generation of bagholders. And don't forget they will say, RS is for the best interest of the company's ongoing concerns.
No, strongus is not making that up, their IR also confirmed to me they are converting preferred B shares. For their whatever good purposes, but killing off the current generation of bagholders. The continous dumping of way too much shares than the market cannot absorb, and result in pps on bloody red drops. If they cared a bit about longterm holders, they wouldn't have keep dumping and instead stop for a while, let the market absorb the shares, wait for pps to stablize, then dilute or w/e you call it. But when they are doing all these fishy moves and prs, blaming shorts, nobo list hype, more dumped shares then buyback, 100m asset prs just shows how desperate they want to dump and more dump.
Let me again remind everyone, Pawson has a history with IDFR on dilution, same shit happened, many fluffed prs with all those shits while diluting.
When they closed at much higher above .10? Many people also thought it was very low and good to buy and base formed? When it traded at .08s, also same thing, then .06, now .04. They will always say this is the bestbuy. But what happened? Again that Belinda still hyping with $3 targets when this can't even hold over a nickel. There is a difference bwteen realistic targets and hype, if someone say .10, there is enough room to believe, but when ppl always posting $3, lol unbelievable, we know it is pumping with HYPES. (paid hypers)
Plus see what is happening? Anyone that say anything negative, they will bash it. I am sure you feeling it.
Also, you think these hypers which often do nothing but bash me with childish statements know anything?
That is because you guys didn't listen to me and still hype this at the teens. Please don't dodge this question anymore. How much are you guys down and average price per share?
Reread it, the point is the CEO is using shareholder money to fulfill a personal hobby or childhood dream like CMKM.
Read the beneath from Guapo of HSM's scam company checklist:
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14. Company executives spending a lot of time doing other things than conducting business
A company that’s spinning its wheels at activities other than their primary concern is an indication it isn’t serious about conducting any real business or generating any profits from it.
Again, CMKM is a great example. Besides their gold mine in South America, they were supposed to be digging diamonds out of the ground in Canada. The company executives however spent a lot of their weekends in Arizona or Nevada racing cars. They even had their own CMKX racing car. Company officials claimed it was for advertising the company. Why would a mining company need to advertise itself to the public? It wasn’t DeBeer’s selling wedding rings in shopping malls.
That was notice for late filing and request for extension because filing was supposed to be in on the 15th. They got 5 days extension after the NT 10-Q which they missed again because the SEC is doing an audit on their acquisitions, probably because of inflated values.
Anyday now, they might see them file the real values, follow by huge collapse in pps and Pawson resigning after screwed another shareholder base. Check out SLJB and CSHD CEOs for example.
Then the remaining company would RS to survive for next.
And also regarding other ppl that show up with same opinions with me, hypers bash, saying they are my alias when they reported me to admin(matt) many times and cannot be proven, because most likely those others are from different state IPs.
Dodahman for example, he was long initially, but once he found out how this company sucks, he sold his shares for a loss to prevent more losses which he did was smart choice since pps went much lower than he sale price.
Read all these hypers' messages, you'll see they are very ignorant and unrealistic targets $3 that easy? you believe it?
No I don't have any holdings, read my messages and you will understand why I only care about CBAY holders.
And you see, thee hypers cannot debate against the truth and keep going offtopic to offend and make fun of me. I called this all the way up from the teens while they hyped it from there. WHO LOST?
And they will keep dodging my questions while they demand me to answer all theirs which I do unless it is off topic.
Didn't you guys hyped this since the teens? that it will be $3? And what happened after 2 months? Price, please check it!
Shouldn't you guys be happy that you can buy more like you always wanted? Shouldn't it be fun for those hypers when this is down to .01, you guys can keep averaging out until RS. Slow and steady but painful death to hypers.
Been predicted this will happen, same old p&d pattern resulting in higher lows.
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Posted by: skytrades
In reply to: None Date:11/29/2006 3:32:32 PM
Post #of 3889
Sell while you can, Pawson is on the ask to dump more shares.
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Posted by: skytrades
In reply to: Han2004fl who wrote msg# 3447 Date:11/29/2006 10:55:02 AM
Post #of 3887
Hans, hypers (paid mayBE) are trying to pump this while the company continues to dump shares. Everything they said have been lies/hypes (nothing they said came true as of today). They tried to bail in nubs by with unrealistic $1 target prices (nubs dream to get rich). They play on nubs feelings. They will say things such as "PR will be out tomorrow with the huge settlement check." And please think about it, everything they said never come true. I still remember some of them were using the 22m OS before lol when they have no idea or lying (OS was 75.1m back then CONFIRMED). Always try to use old figures from financials when current situation is much different to divert nubs' thinkings. IF you ask HONESTLY, HOW MUCH LOSS DID PPL INCUR ON THIS STOCK SO FAR? I am sure everyone is down at leats 50% except for flippers.
DoDah, there is no much doubt, like I said before, at this rate of fall and share dumping, they will need a RS and they will refer to it as "best for the ongoing interest of the company" when it happens. AS will be reach very soon in less than a couple months at this rate because lower pps requires mroe shares to be dumped for the same amount of cash they would need. This generation of shareholders will be wiped, then a new hype for the next generation. Looking very plausible from here.
So what you are doing, waiting on sideline until after the RS for the next hype is truly the best move if you have any interest in this company. GOOD JOB ^^
lol, how many times have the .50 by end of week, at least $1 by year end, $3 by 07 year end been said on this board by hypers that you guys keep supporting.
Because I am not like you, I do full extensive dd, unlike you, only like to hear positive hypes with $1 targets.
No they did not receive the money yet, I confirmed it with their IR many times although he said they are in a BETTER POSITION NOW, but no promise on date.
Even their IR cannot confirm the exact because TA did not respond, but i say around 95m based on the cumulative recent volume. 30-40m shares should be in hands of longterm holders who held and incurred massive loss, and too much for them to care to sell now. But the problem is they are continue to convert B shares daily, no one can even confirm the common OS unless they call the TA daily. Remember how huge the recent have been 5m day, 7m day, 10m day, and if you ask me price precedes volume, this thing move southward after. IF you want to move this, they would need at least 20m+ days, enough to eat up the share float, and absorb any newly dumped shares. The problem is what they are doing now with all these lying and dumping and blaming shorts is creating a negative sentiment overall even worse than is they announce it public they are dumping shares to buy assset (notice they never announce it in public that they are converting shares into public, instead they blame shorts). Just like today, the volume is low not because MM manipulation, it is because no one is interested except for a few hypers and some bagholders that got burned and hoping it will go back up.
That why I said the current generation of shareholders will be screwed but there will be another hype after for the next generation to come in. Seen it many times, think about it yourself and review the rate of drop and more and more shares coming out. This generation won't survive. We know they lied regarding the shorts causing this since September 27th PR, review it.
Let me analyze it for you since now you confirmed yourself they are converting Bs to common and was the main cause of the recent dilution and the floods of shares to sell. PPS will continue to go down with the increase in shares keep coming, no doubt, been proven and still happening. At this rate, they will reach AS in no time and RS is the only way (of course no company will tell you now they will RS, but when they do it, they will say it is for the best interest of the company according to the board of directors "Pawson".) And notice, the rate to these dumping have been keep increasing over the last 2 months as PPS going down, they are more desperate to dump more to raise the amount of cash they need. At the end, like any other company that do RS, they will screw this generation of bagholders and go on with another shareholder base after RS. Take GWDB for example, how many times the RS and apparent repeat and still new shareholders bail in it even though after, even when all shareholder value lost everytime.