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So pumping this POS is fine but dont read the negative comments because you might start to believe that it is really a scam, which it is!!
Squeeky B.U.M time. Currently 80% trades today losing money
Yes and I remember my parents telling me there was a real Santa Claus and you know what I used to believe them. It always amazes me what either people will believe or in this case what people would have you believe to get them to part with their hard earned cash. In this case I think you are in the 2nd group wink wink.
We will see, I've slagged off what appeared to be more reputable company's than this POS and I've been proved right 100% of the time.
If you don't believe me go back into my history on this site.
It's still a POS, I'm sure those people that bought in at 8 cents and who almost immediately suffered a 75% paper loss are still biting their nails.
Russia is a cesspool for corruption and I wouldn't believe anything that a so called Company trading in the Pinks says about their dealings there.
I read their last financial statement and it's pure gobbledygook until page 8 where it admits it has nothing, apart from debt, with very little chance of ever having anything in the near term. Seriously who in their right mind would ever lend a so called Company $45 million when it has zero assets. They are just pulling the wool over peoples eyes.
Yes shocking isn't it lol.
Please read page 8 from attached last filing
Wouldn't want to be putting my hard earned money in this POS
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=110987
Yes because everyone knows that after the proposed split happens that the consolidated value will evaporate. Anyone with 30,000 shares will be left with 100 shares. As mentioned if the share price was .05 cents before the R/S, the after split price should go to $15. That isn't going to happen with these scams.
The reason it has dropped 70% is that all the experienced otc players have seen this happen before and know what happens so they get out quick, those that stay in get mugged.
You ask why the drop since the meeting hasn't happened yet. Since the Company put out the statement yesterday how many current shareholders have got a voting form to challenge it. Since this is a P & D most current shareholders weren't on record with the Company to warrant a voting form to be sent out to them.
The only way this wont happen is if the Company have an ulterior motive for not doing it, which means the statement was a ploy in the first place.
By my estimates, after the 300 - 1 split, you will have 96 shares left after the reverse split. With any reputable Company the share price should jump to reflect the same value within the Company. In your case you would need your 5 cent shares to go to $15 to retain your value. Not a hope in hell on the Pinks.
I had one a couple of years ago did the same thing, paid $2.5K and within 2 weeks it did a 50 - 1 reverse and when it opened after split it dropped like a stone, I ended up with $70.
With these crooks don't be surprised if within a year of the reverse split, which will screw current holders, they then apply for a forward split that allows them to print millions more shares to carry out the scam all over again.
And did you also get the 300 to 1 reverse split. Utter garbage, don't know how you people (paid pumpers) sleep at night.
In light of the recent extermination of APS people are starting to wake to these scams. FVSTA reported zero revenue and zero cash in hand for the last quarter. Who the hell is going to lend them $46 million to finance a deal. It's a bogus news release to fleece numbskulls into parting with their money. This so-called deal will fall through before the next reported figures come out, which will once again say zero revenue and zero cash on hand. In the meantime the insiders generate enough interest to dump a whole lot of worthless stock on the gullible people who believe all the nonsense written in their press releases.
Unbelievable!!! reading your last 2 posts, you lost the lot on a APS scam P&D (PWEI) and you are back in on this POS. Some people seriously do need to go see a shrink. If you really want to give your money away, go to a deserving charity, at least you will get a tax write-off, and cash back, which is more than you're going to get investing in these scams.
The strange thing is you seem to be bragging about it????
The ship is sinking in this Water Company.
Yes nice DOWNWARD volume. Insiders whacking the bids as usual, just another P & D, to which most of the posters on here subscribe to.
All the usual suspects posting here, Megadump pending
After owning this for 3 years, it's about time we got some positive news. Hopefully it is the start of something big.
Pumpsanddumps.com predicting another P&D starting tomorrow on this POS
The only people in this are APS Lemmings and you all went over the cliff. Welcome to Las vegas!!!! APS is a scam operation that push people to buy worthless Company's for their own gain and for the gain of the crooks that run these so called Companies.
STCC had $1.5 million revenue last year and $108K cash in hand, doesn't inspire any confidence. Trading 600% higher than book value (.03 cents) at 18 cents per share, this will drop hard and fast 5 cents would be a more acceptable value for this.
Newbies staying away from this POS.
looks like the lifeblood of any APS scam are giving this a wide berth. Very little in the way of margins for the daytraders who scavenge on the gullible newbies lack of knowledge on these scams.
Good DD on a POS, I will remember that the next time I go to the toilet.
Another so called professional offering 20/20 advice. The best DD to offer on any APS scam is to STAY AWAY. Due diligence on a APS pump is accessing how many gullible people will be sucked in, carrying out DD on the pick, is reading through the lies. On APS picks its as easy as reading an abacus board, you don't need to be a genius.
Scam - stay away
PUMPs & dumpS
Red Flagging DANGERS In The Penny Market
Bull-SLTZ!
For the second time in as many months, they are at it again with Solar Thin Films (SLTZ), a habitual Pump & Dump scheme and dilution machine, that was reverse split one for 500 last April. Since August's Pump & Dump campaign ended, reported shares issued and outstanding have increased by 216%, which should give significant insight as to SLTZ's true line of business, and that is to line its masters' pockets. Looking at SLTZ's Past Performances and the current share value, we can see that bag holders from that campaign saw as much as a 44% dip in share price before a recent recovery ahead of today's start to the new campaign. We expect that the decline to recommence at a greater pace as soon as this new promotion peters out.
The new promotion comes on the heels of an announcement of a contract to build solar fields. The estimated value of the contract, according to James Solano, SLTZ's President and CEO, is $124 - $160 million. The problem is that we've seen these type of deals announced by SLTZ many times in the past, (such as this one) but we don't see the numbers reflected on the bottom line. Our lack of confidence in this latest announcement then, is certainly understandable.
The two year chart is ugly, to say the least. Almost every peak represents some sort of promotion on shares of SLTZ. The investor losses are clearly illustrated.
SLTZ Two Year Chart (click to enlarge)
Having changed its reported line of business several times over the years, the company's name has, curiously, not been changed in an attempt to mask the history of dilution, reverse splits, and losses incurred by investors. Currently, the company purports to be in the business of: (1) developing and manufacturing shipping containers using patented Fiber Reinforced Plastics (FRP) technology; (2) building housing using patented FRP technology; and, (3) developing waste to energy and solar energy projects which initially will be marketed and sold in the United States and the Caribbean. While this is a very ambitious agenda, it appears to be not very profitable, as revenues are nowhere to be found.
With listed assets at just around $111K and a book value of about -14.5 cents, we wonder how many more suckers can be duped into shares of SLTZ at its current over-hyped market cap of just under $40 million. The liabilities of almost $7 million scream that imminent dilution is inevitable and we'd be surprised if the total number of shares issued and outstanding doesn't re-triple in short order, once again making the bag holders that will result from this new Pump & Dump campaign join the ranks of the foolish. Well, at least all the dilution will make the negativity of the share book value look that much smaller.
We continue to present PumpsandDumps.com as a free public service. We do not short stocks. Never have. Never will. Anybody who says otherwise is just a liar. Period.
Be careful out there!
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Caveat Emptor status already ha-ha
OTC Markets, sensing something that the sheeple refuse to comprehend, tagged PWEI with a Caveat Emptor status just hours after APS announced its "pick"
just got the same from P&D.com, another good article, as always by them.
Dead again
The sad thing is about XUII is that it still has a market valuation of $7.5 million, when it's really not worth anything. this will end up in the sub-pennies very soon, .003 cents would be around a $1 million valuation however it's not even deserving of that.
Going forward I see a 70% + downside from the overnight price so I wouldn't be holding any longer. Also no news (albeit lies) from XUII in a month so looks like this scam is in it's death spiral.
What do you mean "you found another stock"?? You were looking, and made comment on this back on the 7th Aug. It's still as big a POS as it was then apart from it's lost 75% of it's value since then.
You want to play this well join the rest of the bag holders and lose a bit of money. If the insiders have anymore left to sell they will gladly hand them over to you. You don't need a crystal ball to see where this is heading, in bowling terms you need a gutter ball.
It's unbelievable to think that the longs here blame short selling. This cr-ap has lost almost 97% of it's value and short sellers might have made a bit of money on it.
The real reason it has lost all it's value is because insiders have dumped around 400 million worthless pieces of paper on loads of gullible people. Wouldn't surprise me if the insiders holdings have dropped from around 90% to less than 10% of the existing float. Imagine how many millions of dollars they have scammed into their bank accounts for those pieces of worthless paper.
Typically the next step will be to do a reverse split to depleat the amount of shares people own and then anounce another share issue to the insiders before the next pump. It's a well practiced and publicised method of screwing people.
This dog is officially dead.
Well if that turned out to be a true $50K bid, which I doubt, then they can't be felling very well at present, already $7.5K down, and counting. This will be in the sub-pennies before long.
Currently lost about 96.5% from it's value 6 weeks ago.
Once a POS always a POS.
Hi Steve
Been on these boards for around 3 years now and the same touters are on the various Pump and Dumps that go on, on a daily basis. They change stocks from one day to the next, and occaisionally may spend a week or more covering a particular P&D, and according to a recent blog I read can be getting paid between $40 - $200 per day.
You are correct, if you click on their names, they can have up to 100,000 postings on these boards. I can tell you their postings cover some of the biggest scams ever concieved in the OTC and Pink markets. Obviously plenty of people have lost money following the lies that is written however there are also investors that have learned to play these P&D's however you need to have live market viewing (level 2) or else if you are on 15 minutes delay you can lose alot of money very quickly.
If you log into www.pumpsanddumps.com they give a daily list of the stocks being pumped that day, how many days some of the older schemes have been running, how many times in it's history a stock has been pumped and also the number of buys, both winning and losing, over the course of the pump and dump. If you subscribe to their newsletters you get some really good info as to some of the scams that go on in the world of pump and dump scams.
Goodluck
Kentonmag
Grillit has really BBQ'd investors, punters have been played on this POS. And the touts are back in today, still trying to get people to part with more of their hard urned cash.
The bid will be pure market manipulation, insiders playing games, to try and raise interest that someone actually believes in this POS. Bid will be taken off the table before it is enacted.
Well the touts have distanced themselves from this pretty quickly after yesterdays flurry of activity. WOOF WOOF!!!
All PVEN have done is paid out around $25K for over 400 million pieces of worthless paper, which you and I know will eventually end up in the sub-penny market, as with all scams, APS orchestrated or not.
In 2 months time it will report zero revenue and zero cash, it will not declare that it has hundreds of bagholders.
From P&D.com 'The nightly"
The Nightly Review: September 5, 2013
Without so much as a follow-up apology, stock pimps Darth Trader/Penny Stock Psycho and Market 365, publisher of the Best Top Penny Stocks among others, continued their streak of destroying investors by "picking" MLGT and PAWP as their respective plays for the day. Darth Trader created active trading for his "pick", resulting in 89% overpays* while Market 365 believers fared little better with an overpay rate of 67%. With both tickers, the high of the day had hit before most traders had had their first cup of coffee. We are still sitting here, scratching our behinds, trying to figure out why anybody would participate in anything these guys promote.
If you read the P&D.com article from earlier in the week it clearly states they are based in Poland so once again this scam has been "found out". This is not news!!
I quote from the P&D.com article:
"The company is located in Poland. APS has recently taken to promoting offshore scams, supposedly located in countries where it would be difficult to confirm or check up on operations".
The insiders who have spent $20K in creating 400+ million shares of this crap, with a value of over $100 million dollars have at least struggled to get buyers to come in and buy them thanks to the P&D article.
If you read the P&D.com article from earlier in the week it clearly states they are based in Poland so once again this scam has been "found out". This is not news!!
I quote from the P&D.com article:
"The company is located in Poland. APS has recently taken to promoting offshore scams, supposedly located in countries where it would be difficult to confirm or check up on operations".
The insiders who have spent $20K in creating 400+ million shares of this crap, with a value of over $100 million dollars have at least struggled to get buyers to come in and buy them thanks to the P&D article.
Pumps and dumps gave you a reason to stay away from this pick, so if you, or anybody, then went out and bought it, in the hopes of making a profit, that's your bloody fault.
It was easy for APS to cancel or delay their announcement after P&D exposed them this morning, we may never know however the article regarding PVEN, on P&D.com, has all the hallmarks of a classic scam in the making, APS pick or not.
APS has shutdown after XUII failed to hit a dollar as promissed.......Yeah right.