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Not mine, got it from here;
pumpsanddumps.com
Was starting a little DDing here and found this.
Haven't looked into anything they said,
I know nothing about P&D-dot-com,
Just found something "interesting" and thought I'd pass it along to anybody, do what you will with it.
Cheers
Darryl Reed's Next Generation In Pumps and Dumps (NGMC)
April 19, 2011: It appears that Darryl Reed's reinvention of Next Generation Media Corp (NGMC) is complete. That company disappeared from the face of the Earth right after it's self-proclaimed "national leader in the multi-billion dollar direct mail industry and in franchising" [sic] subsidiary reported revenues of almost $2 million for the quarter ending September, 2007 and nine months revenues of over $6 million. After that late 2007 press release, there was nary a word from the company for almost 4 years and the stock was allowed to drift into sub-pennyland. No word about what happened to the multi-million dollar subsidiary. No word about the sudden 1 for 1000 reverse split. Nothing. Nada. Zilch. Unless of course you happened to look at the SEC filings. Funny how when stocks are being pumped you can find press releases galore but when there's no money to be gained by the insiders, you can hear crickets as preparations are underway for the next scheme.
So now the old shareholders are zeroed out and the insiders issue themselves a nice chunk of 3.5 million shares of free-trading S-8 stock. What's really hysterical here is that, as we speak, the shills on the bulletin boards are trying to convince dupes that there is only 60,000 of free trading stock and ignoring the fact that over 300,000 shares traded yesterday.
And now, "Ta Da", NGMC is in the energy business. Just like that, Darryl went from being qualified as a CEO of a direct market business to being qualified as the CEO of an energy company. And they've purportedly acquired 10 Producing Gas Wells in Knox County, Kentucky (according to yesterday's press release) for $500,000. Let's look at that deal. They first gave the world an inkling of this acquisition back on November 22 when in their 10-Q filing, the company said,
"The Company has acquired an option to acquire its first properties in Knox County, Kentucky for $1,575,000, and is actively trying to raise the capital it will need to complete that acquisition."
Uh.......was there a clearance sale? How did this deal go from $1,575,000 to $500,000? That's one.
Now the statement in the 10-Q says they are looking for funding, which is understandable since that same filing claims that the company is over $4.5 million in debt and has a working capital deficit of almost $900,000. But then where did NGMC get the $500,000? There's certainly nothing in the filings that suggest the company raised any money. That's two.
Now let's look at the acquisition, which effectively turns the operation of Knox Gas, LLC into a subsidiary of NGMC. This company has been passed around kids. Over the last decade, the acquisition of Knox Gas, LLC has been hyped by Endeavour International Corporation, Touchstone Resources, and Cygnus Oil and Gas who simply walked away from its ownership, giving it to Touchstone. All three previous owners of the company recorded financial losses through their ownership of Knox Gas. That's three.
Yahoo reports that there are 11.47 million shares outstanding with a float of 6.46 million. We thing it's more by now but we have a tough time justifying even an $11 million market cap for a company that is $4.5 million in debt and with assets that lose money.
The shills on the message boards are in place hyping away; the insiders have their free-trading stock; and, the propaganda machine has woken from the dead. We see this setting up as something bad for the general public and we think that plans are in place to start an email/touting promotion campaign any minute now. It wouldn't be Darryl's first time at this stunt. He's done it with this company before during its previous incarnation as Next Generation Media and he's involved with another sad story, Seawright Holdings (SWRI), which by the way, looks like it's setting up for another scheme in the near future.
Be careful out there.
WRIT Writes a Script For A Pump& Dump;
May 12, 2011: Over the last couple of days, a scheme run by Tal Kapelner and his mother Ariella, known as Writers' Group Film Corp. (WRIT) has restarted its efforts to extract money from the pockets of unsuspecting investors who want to be in the movie business. Over the last 24 hours, the promotion has been so aggressive that almost every touter out there is pumping this scam. That's right, we said it. S-C-A-M! Keep reading until you get to the good part.
What's wrong? Well let's start with the fact that this company doesn't even exist in the State of California. Huh? That's right, not found. Or at least MIA. Oh and neither does it's recent "acquisition" Front Row Networks. Now we did find Writer's Group Film Corp, a 2007 registration, in Delaware and Front Row Networks, a 10 month old (that's months, not years) corporation in Nevada, but since both of these companies claim to be operating in California, they are required to be registered in the State of California. This means that if they got sued by shareholders in their resident State, they couldn't even reply to the lawsuit. Wouldn't you think that a company worth $300,000,000+ knows better?
We're not at the good part yet. Keep reading.
In the two plus months that this scam (there's that word again) has been operating, 10 press releases have been issued with 3 different dateline cities, Lancaster, Beverly Hills and Los Angeles. Which is it? The Front Row Networks website claims that the company is operating at 8200 Wilshire Blvd, Suite 200, Beverly Hills, CA. Some of the others using this address are: Endor USA, LLC; public companies Jammin Java Corp, Supatcha Resources, Inc and Pepper Rock Resources; Whyte House Music Media Group; Oakhurst Pictures; Pacific West Real Estate; and, the Law Offices of Steven Beltran. Kids, this address is a virtual office. Worse, parent company Writers' Group Film Corp is run out of a Fedex Store Mail Box in Lancaster, CA, the trailer park capital of the country! Wouldn't you think that a company worth $300,000,000 would be operating out of its own gleaming office towers rather than a mail box in Hee Haw Land and a virtual office?
We're not at the good part yet. Keep reading.
How do we come up with the $300,000,000 figure? Well according to a recent 10-Q filing by the company, during 2010 WRIT took in $55,640 for which it issued convertible notes. These notes are convertible into, now get this, 4.376 billion (with a "b") shares. Since the stock closed over 6 cents on Wednesday, and considering other convertible preferred shares issued, this makes the company worth over $300,000,000. And guess who owns 1.4 billion of these future shares. WRIT President, Tal Kapelner. All for a company who had 34 grand in the bank as of last December.
We're not at the good part yet. Keep reading.
This is not the Kapelners' first crack at a public company purportedly in the entertainment business. A few years ago, they shot their load with a failed entity known as Tally Ho Ventures, whose shell has since been sold off to a European group. Obviously, they've improved their pump and dump skills now.
We're not even going to cover the BS that is WRIT's purported line of business. It doesn't matter. Let's just get to the good part.
On January 25, 2011, WRIT executed a 1 for 1000 reverse split which brought the issued and outstanding number of shares to practically zero. All the old shareholders were effectively eliminated. Not two weeks later, according to SEC filings, $14,360 worth of the outstanding convertible notes were converted into 153 million shares of WRIT stock. Guess what the total float in this stock is right now. That's right, the same 153 million. The suckers buying into this pump and dump have been buying the Kapelners' stock for the last month. Mom and son have pocketed a conservatively estimated $4,000,000 in the process. Not a bad return for a $14,000 loan Tal gave the company last December.
**sigh** When will you ever learn?
3D Eye Solutions, Tries to Pull The Wool Over Your 3D Eyes;
May 19, 2011: No sooner does the proverbial crap hit the fan on one Pump & Dump claiming to be in the 2D to 3D film conversion business, then we get 3D Eye Solutions, Inc (TDEY) claiming to be in pretty much the same business. This time we're talking about a film company in that entertainment mecca known as Lakewood, Florida.
Last week, we gave you an advisory about Writers' Group Film Corp. (WRIT) and the fact that insiders were unquestionably dumping into an aggressive pump involving several paid touters. On Tuesday, a private investor with a successful history of going after scammers announced a lawsuit against WRIT and those very same insiders, alleging fraud, amongst other causes of action.
Today we look into TDEY whose pump began shortly after Wednesday's close, and we expect much more to come before Thursday's open. It took us exactly 3 minutes of research before we started chuckling.
Let's forget about the company's lame website which says very little about the no-name product line and absolutely nothing about the history or qualifications of management. Let's instead focus on the newly anointed (by his purchase of the shell) Chairman of 3D Eye Solutions, Marc Jablon. Now where have you heard that name before? We'll give you a minute.
"...Dum dee dum dum...tra la la la la..."
Did you remember? Well in case you didn't, Marc Jablon was an integral part of the CyberKey (CKYS) Scam of 2006 and 2007. This company was pumped on the claim that it had a $25 million purchase order from the Department of Homeland Security for its computer data security products. Problem was that the DHS had never heard of CyberKey. According to the SEC, Jablon and his partners, who were running a boiler room operation at the time in, you guessed it, Lakewood, Florida, knew that this purchase order was phony, but that didn't stop them from using as many as 50 callers to cold call brokers and push them to buy stock for their clients. Jablon also had a hand in conjuring up CyberKey's phony press releases. The stock was eventually suspended by the SEC and charges of securities fraud were filed by the SEC against Jablon and his partners who netted over $7 million in ill-gotten gains. You can view the SEC Complaint by clicking here. The case is going on as we speak in Orlando District of Federal Court where the SEC is seeking a permanent ban on Jablon from the securities markets. Jablon has also been sued on at least 3 other occasions for securities related incidents by claimants. He has been accused of committing RICO offenses at least once.
Over the past 10 years, Jablon has been hired to oversee Pump & Dumps for Ivi Communications (IVII), Made in America Entertainment (MAEI), Diamond Powersports (DPWS), and the now delisted Homeland Integrated Security Systems (HISU).
Ladies and gentlemen we have a man with a history of Pump and Dump schemes here who is now in dutch with the SEC. Are you now to believe that Mr. Jablon has suddenly decided to run an honest business with TDEY? If so, good luck to you. We'll just sit back and watch the carnage.
Southern Home Medical Equipment Sells Stock, Little Else,
May 23, 2011: One of the current SHOMs 'er SHAMs on the street is this P & D call Southern Home Medical Equipment. This thing is so easy to pick apart that we are going to call it Research 101 for those subscribers who are still learning the keys to recognizing a Pump & Dump.
Let's start with something basic. One of the first things we do when we investigate a company is verify their contact information. SHOM doesn't even come close. Over a period of 3 days, we sent 17 emails to info@southernhomemedical.com (the address shown on the company website Contact page) from 6 different email addresses and each one bounced back with the message:
Technical details of permanent failure:
Google tried to deliver your message, but it was rejected by the recipient domain. We recommend contacting the other email provider for further information about the cause of this error. The error that the other server returned was: 550 550-5.1.1 The email account that you tried to reach does not exist. Please try
550-5.1.1 double-checking the recipient's email address for typos or
550-5.1.1 unnecessary spaces. Learn more at
550 5.1.1 http://mail.google.com/support/bin/answer.py?answer=6596 5si13453165icb.155 (state 14).
Read the message carefully. This didn't bounce back just because we couldn't connect to their mail server. THIS EMAIL ADDRESS DOESN'T EVEN EXIST. Now is SHOM a SHAM or is it just poorly managed? We'll accept SHOM's gratitude for pointing out this oversight and expect that it will be corrected promptly.
Now let's talk about all this hype about their business. First rule when conducting a Pump & Dump: Make a claim but don't substantiate it. Look at SHAM's 'er SHOM's recent announcment.
"Southern Home Medical Equipment, Inc. (PINKSHEETS: SHOM), a holding company providing healthcare services, staffing and durable medical equipment to medical institutions, announced today that it has signed a letter of intent to merge with a network of medical clinics based in the Washington, DC area. "
Do you think a real company like say, Bank of America, could come out with a merger announcement without identifying who the merger candidate is? What's the big secret? Are they afraid that somebody will try and verify this claim? Somebody like say www.pumpsanddumps.com
This company is full of ambiguity.
"The Company has contractual agreements with partner businesses located in Charleston, Columbia, Greenville, Florence and Lake Hartwell, of South Carolina; Nashville, Tennessee; Baltimore, Maryland; Dunwoody, Georgia; and Philadelphia, Pennsylvania."
Really? With whom? They don't identify a single solitary partner, customer or the nature of the agreements. Are we supposed to guess? These answers are guarded more carefully than the nuclear launch codes.
SHOM's President, Jeffrey Sarvis, took over without ceremony or announcement after a 2 1/2 year dormant period for the stock when there were no press releases and very little trading in the stock, even though the company was still presumably in business. Or so it would seem, since the line of business did not change during the dormant period. Mr. Sarvis' resume is very nice (ahem). He went from being a salesman at Spartan Foods, which specializes in frozen pizzas, to being a real estate agent, to the medical staffing business. Well that is certainly a solid and logical career path to becoming the President of a publicly traded Medical Supply Company, isn't it? We're sure that Mr. Sarvis can tell the difference between a hemostat and a large with no anchovies.
SHOM's address, 50 Lawrence Street, Lyman, South Carolina 29365 is a residential address and in fact a tiny home. We'll suggest the Mr. Sarvis bought this one-man company for the value of pumping its stock and selling it into the market to people like you. Indeed, the entire value of this company is in its stock because from all evidence, it does nothing. Never has. Never will.
Pumping and dumping is not new to this company. It went public at the end of 2006 with a couple of million shares that quickly grew to 2 billion. Then a 2008 1 for 1000 reverse split took it back down to just over 2 million shares. Now there are over 200 million shares outstanding again and on its way back to the billion mark in a hurry. The printing presses are alive and well.
Finally, a footnote. As we were about to send this advisory to our subscribers, we noticed that SHOM released a new press release projecting $7 million in revenues from the newly announced merger. Apparently, SHOM was not impressed with the results of the P & D campaign up to this point and felt that the efforts needed to be juiced a little more. Again, no merger partner was identified and no justification was given to the $7 million projection. We don't know if the revenues are coming from medical services or pizza sales. And while we're at it, a NETWORK of medical clinics with only $7 million dollars in revenues? Shouldn't one clinic generate more than that, never mind an entire network?
I got 3025 @ .002 & posted my call to Scott's, as a public service announcement & friendly tip to anybody w/Scott.
I didn't read anything about what others w/Scott are going though & just posted my call.
The jobsite slam, a bit rusty but, I'll take one.
Cheers
What news tom or the next day, you hope yet know nothing.
You know not of any "news" tom or the "coming" days,
just like the rest of use, we hope for a close but, until papers are signed, still a spec play, a gamble you will.
Cheers
Still here, still watching, nothing to report,
less you want to talk about sports,....
You have any leads while we wait on this?
I got into mmte, getting higher up on the "most read, most posted"
Been watching this for a few months, just got in when is "seems" like they "might" be for real.
On the ppbl front, this will sit like a bad burito,
sound good at first then, just sits there & does nothing,...until
I tossed a few bucks @ a spec play, it's only been a few months & I've traded down "some", hate to be in the middle of a trade & see it HIT, (it always happen when you're between a sell-&-buy, not a buy-&-sell), when you have no position during the "hit".
As long as there's "some" volume, never know,
It's called Playing Pennies.
Cheers
They ask you for acc.#, social, etc to verify.
Seems alot of naked shares are afoot & a "true" accounting of shares is a complete mess.
To those w/Scott's, talked to a broker today,
about CABID,
Said shares are being held up by DTC & no buys or sells.
I asked if it had anything to do w/the chill & she said she doesn't know about a chill, just that no trading on this for now & no timeline.
I didn't ask if trading was haulted by the DTC, (was @ work & the bossman cometh), I'll ask that one tom when I call again to see if I get the same answer & have more time on the phone.
I was put on hold for 5 min when she went to check about the status of CBAID.
I wondered about putting in a buy for say $300 just to see what would happen but, was afraid it'd actually go through @ 30.
Like to hear what others are going through w/different brokerages & what they say.
Cheers
Not looking at this as a commodity play per-say,
like in wheat, corn, oil,
I see a demend for a certain mineral in the coming few years &
a small, young mining company is in Chile buying lots of land.
It's not a commodity play,
more of a "stock" play.
Cheers
BTY, I have been reading up on how to play the commodities,
I see "pain" in the coming months & since I can do nothing about it, might as try to make something from it,
it's what the elite are doing,
I'm just trying to ride a few coat-tails.
Just have to file the 5 day extention then,
just be late on that, it's happened before,
at least they are filing "something", they really don't have to file anything.
Cheers
End of June, file by July 15th
Never fear, Madbrewer's here. Does being "new" still count if you just got back in?
Anyone still able to buy & sell?
With Scott's, I still see;
CBAI# w/no movement in price or %.
Cheers
That "old" information/history shows patterns of a company & its CEO which is part of DD.
Patterns/history shows pretty much what a person will do based on what they've done in the past in a given situation, habits are a hard thing to break
You guys had a 40 to 90 today, I know hindsight is 20-20 but,
it's trading again.
My thinking is, if I'm not too comfy hanging on to a "penny" if I make a really bad call, I won't get in but, if I like one, I'll play it.
Kinda new too this "penny" thing in the first place so, just testing theory's, & more important,
executing the plays I call into first down drives & points on the board.
I enjoy the banter here, (surprised @ the number of posts here each day), which is why I've just been reading.
It's like a bad sitcom, you wonder why you keep watching it.
(Just a job-site ruse).
Cheers
As another going through a r/s-a/s in another,
That Was GREAT!!!I know the pain.
I almost got in here @ 1 before the trading just stopped, back when it just touched 1 & thought about playing a couple of bennies on the "dead-cat-bounces".
Cheers
I don't fear from it, I can just see "problems" from those having "them" at the moment,
I'd be beyond pissed because, I could've been there myself if I didn't get out,
Scott's is still laggin' & I'll be gone from them,
this stock jumps too high at times to miss it,
(missed this one yet, can't catch them all though try),
Cheers
My sedements exactly, two pages of posts-a-day was the norm, now it's half a page a day, "where is everybody"?
None, it's too late for that "spike" play now & no one's going to sell-&-leave w/this kind of hit, most here will just play it out,
have too many chips in the pot now to fold,....check,
Most here, as I, still believe in the company & in the end still hope it'll come out as a major player in an up-&-coming-medical field,
(still like the risk-to-reward ratio, though it's always been a spec play),
we just hate the plays he's calling now & the timing, we can still be a contender.
If CBAI can pull off a green Q this year,
(no big/huge/lifetime deal/contract), but an actual green Q,
this spikes big & stays up, it's the only thing stopping money from coming in, too many "eyes" are on this, (we're still in the top 25 of "most read"), & are tired of the pr's from last year, "Get Some Points on the Board".
We get a second green Q back-to-back,...forget about it,
we'll never see under a penny, perhaps two again & that's the frighting part,
does Matt try to grow "too big, too soon" ie;
w/5x the shares to dilute, does he get "overly excited" & cash in to "get more" or,
secure 1,2 of 3 possible LOI's he's in talks with, (each one puts a runner in scoring postion), & GROWS an Empire?
The "rush" is people had a chance to perhaps double their share count to at least try to off-set this r/s-a/s dung thrown at us.
A penny to .004 in 9 months is a hefty hit,
to have that hit double in less than two weeks is a slap in the face.
Most here missed out on other opportunities last year chasing a falling knife just to see that knife land in their foot.
Then out-of-nowhere, when it seems the knife can be taken out some, another stabs into the other one,
which may stay there for 2,3-6 weeks, in the mean time, a 125+% one day hit just vanishes,.....manipulation, count on it.
What I fear is, this may dump to <20 & if someone buys @.10,
& their shares from pre-split haven't been converted yet,
will that now 10k shares post-split be converted to only 100 shares?,
I see "headache" & lost trades while accounts are put on hold, a chill if you may, while a mess gets cleaned up.
The rush, a chance to have doubled one's share count towards the bottom, that's double+ the return in 3,5-10 years.
The rush, I got some monies for neices & nephews in this,
10 years could be the difference between Stanford or Yale.
Still waiting on Scott's, I still have 3025 @ n/a price= $6.25
If anything, I learned that I have to switch brokers, it seems in "pennyland" one needs to be able to move quick & mine & others aren't up to the task,
some can move the same day while others wait for 6 weeks??? in this day & age of instant communication???
Is there a connection between the brokerage houses "we" use & the trading companies "they" use?
Cheers
Dude, In or Out, you got your spike,
you follow this & post every 5 min, you got a spike,
did you you take it?
If you didn't, enjoy the drop back to 20 that keep talking about.
If you did, enjoy the drop back to 20 that you predict & buy back in or just lick your wounds & be gone.
If you're still here, you definitely believe in this stock so, stop complaining, you got a chance to get out, you're not happy, got a spike, sell, move on, bye-bye.
BTY, hope you did get something off that spike, I didn't,
Cheers
No comment/questions/thoughts/concerns on a 20-to-50 jump in minutes?,
No one finds this abit "funny" & cares to speculate, even if I was in & scored, I'd still be wondering why.
17.6,....
BAM, 49, out of no where???
49,
then I see a fight;
47, 19, 45, 24, 44, 38, 25, 34, 25,
No one qusetioning why?
just curious
Cheers
Thanks, were you able to sell yersterday or just today?
If you don't mind, (being that apparently I didn't have a chance to trade this fluke, even if I was still in & even if had a chance to trade this fluke),
how much % wise & @ what price?,
(just something for me to think about, I'm still pretty new to this whole stock thing especally the penny side),
by watching how other's play, & get to learn other/different styles/thoughts of playing the game.
If not, totally understand,
I for myself do post my numbers & strategy to see if others agree or to hear any flaws in my thinking from those w/more experience.
Cheers
He just stopped down by the river, out in the street,
he heard that CBAI Shareholders & the Poor Boys are playing,
he brought 2 shares & is tapping his feet.
Still showing pre-split numbers also w/Scott's,
Symbol Qty...Last...Price Chg $|%Total Chg $Mkt Value
CBAI# 3025...N/A.......N/A...............0.00..........6.05
Notice the CBAI#,
If I try to trade CBAI,
I get .002 for a quote
CBAID,
I get .27
I can't sell either one but I can buy either one.
CBAI sell; I get this;
Unable to accept the order because your account does not have enough shares available for sale. You may already have open sell orders in this security, or may not own enough shares in this security to complete this transaction. Please review your open orders and position to determine the amount available for sale. If you have further questions, please contact your local branch office.
CBAID sell, I get the same thing.
Havn't called the office for I got out before the split & have nothing to sell.
Anyone eles call Scott's about this & perhaps traded?
If I was still in & couldn't traded yesterday or day because of "technical difficulties" & lost a chance to double my share count, I'd be beyond pissed.
If anyone who traded yesterday or today, who do you go through?,
I may have to change.
Congrats again to all,
Cheers
Your welcome, hope yours looks better than mine;
BTY, not even @ 40, yes my share was higher, though, I played the r/s & sold @ 18, hoping for a buy-back @ 16,
yea, got got,.....that's trading,
played a 20-18, 19-18 a few times, never saw this coming though, had a strong feeling about this r/s is different though
Cheers
I sence mischief a-foot;
close @ 17,
opening bid @ 16.5,
(makes sence),
18
(makes sence, we'll do 16-18 today, r/s was priced in),
18
19
20???,....
BAM, 50???,
(a fluke like that "11" a few months ago),
49
(someone/computer saw a fluke jump, like my standing sell @ 75),
17.25
(where it should be, back @ 17),
17.6,....
BAM, 49,
49,
then I see a fight;
47, 19, 45, 24, 44, 38, 25, 34, 25,
(someone wanted this back & someone wanted it down),
evened out @ 30,
30, 38, 30, 38
(Sorry, just trying to get a feel about what happened today while I was @ work, in the middle of a trade),....
Once again, congrats to all that didn't play the r/s.
Did I see this coming, "today", no, (why should I),
Would've I played this different, no,
Did I loose, yes,
Would've I played this different, no,
Do I still like my investment in this company, yes,
Will I still be around 3-5+ years, yes, (sorry for some),
I missed a trade, I'll get it back heck,
I still got "one" following me,
This is "pennyland", (so I'm learning),
like quantum physics,
common sense ceases to exist
But,...the 20-bam-50 is interesting,....
Cheers
Congrats to All, WHAT HAPPENED????, WHAT NEWS???,
The new offices was "yesterday's news".
Tried to put an order to buy w/Scott's this morning before work, before hours but wouldn't reconize cbaid or cbai,
just figured I'd try again today after I got home from work, go figure,....
Once again, "Congrats",
hope that those that really wanted out got their chance to w/at least some of their original buy-ins.
For those on the other side playing the "r/s",
I too see the cheering & wondering, "we had this, it was a no-brainer play, no way"!!!
Cheers
It was a joke, just wanted to see it before I corrected the numbers.
Interesting play, picking this day to open 6 new offices.
Cheers