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PVEN is the expected pick, up bigtime ATM
Pumps and Dumps scared everyone away this morning, exposed it for the scam it is.
What a joke this POS is. Maybe just entered the realms of top ten all time worst pump and dumps. Created more bag holders than Macy's on black Friday.
There are some people who would be better off putting all their money and valuables in a big steel crate and throwing it off a pier. At least you know where it is. And at least you can't get your hands immediately on it, to invest in cr-ap like TENP. Some people need to just bang their head off a wall, it's down 48% today and he can't understand what's happening duuuuuuhhhhhh.
He's either a Tout, a comedian or in a mental institution.
No Buzz,just touts on social media for this POS this morning
Great article from P&D.com today, stay away from this POS.
EliteOTC stock pump last night as follows:
EliteOtc Newsletter
Good Afternoon,
Here it is at last; our Mega Sub 01 Summer Bash profile. We said we’d be “shooting for the stars” tonight and my oh my have we delivered. Mark these words, “This is not your average small cap company… not even close.” The company we’re focused on tonight has:
12 patents protecting its proprietary technology.
Its technology has been in development for over 10 years.
Nearly $40mln put into the development of this groundbreaking technology by some very powerful funding sources including: Intel Capital, Novellus Systems, and Office of Naval Research!
Currently at just 005 (that’s a half of a cent) this could be one of the most exciting subpennies we’ve seen in a very long time.
Barchart currently has them as Green.
Does that get your attention? Tonight’s profile is a potential Beast in the making. Get ready for what could be another monster day ahead. For a concise, to-the-point video overview of this amazing technology and its applications, take a moment to watch this 2 minute video on YouTube:
Neah Power’s groundbreaking Fuel Cell Technology Explained (YouTube video)
This is not a normal alert; this company has enormous potential, so we suggest you get started on your research right away:
Tonight’s new profile is Neah Power Systems, Inc. (NPWZ)
Neah Power website
NPWZ Quote
Neah Power Systems is a micro fuel cell development stage company using a patented porous silicon-based design to provide long-lasting, efficient and safe power solutions for the military, transportation, and portable electronics applications.
The chart is shaping up and Barchart has NPWZ as “Green” right now! Barchart notes several short term and medium term indicator such as:
Short Term Indicators
7 Day Average Directional Indicator: Green
10 - 8 Day Moving Average Hilo Channel: Green
20 Day Moving Average vs Price: Green
20 Day Bollinger Bands: Green
Medium Term Indicators
40 Day Commodity Channel Index: Green
50 Day Moving Average vs Price: Green
50 Day Parabolic Time/Price: Green
NPWZ could really be heating up…
NPWZ uses a unique, patented and award winning, silicon-based design for its PowerchipTM and PowerPlayTM micro fuel cells that enable higher power densities, lower cost and compact form-factors.
As stated in the following Neah Power video, their technology has been in development for nearly 10 years with nearly $40mln in investor funding. Some of these funding sources include Intel Capital, Novellus Capital and the Office of Naval Research. You can watch the full video here.
The following are just a few of the many recent achievements made by Neah Power that show not just the recent growth but also the potential of this Company:
NPWZ’s intellectual property portfolio includes 12 issued patents, 2 patents pending and 1 pending application.
The Company’s technology has been recognized for both its innovativeness and its application potential from noted sources including Popular Science, WTIA and MIT.
PowerPlay was launched with a paid shipment to a Fortune 110 consumer company. This company is now expanding its interest by evaluating the PowerChip technology for a range of additional applications.
The Company entered a sales and purchase agreement which they will deliver, on a best efforts basis, a minimum of 88 units to Ion Geophysical Corporation.
The Company just released news announcing that they are developing an online order portal to take orders directly from consumer.
This Company just announced giant news this morning. The news can be read here:
Neah Power Systems to Take PowerPlay(R) Orders Directly From Consumers; CEO Provides Video Update
In the press release, Dr. Chris D’Couto, President of Neah Power Systems said, "Our shipment to the Fortune 110 Company was a milestone event that enables the direct to consumer launch of PowerPlay. We anticipate customers valuing the off-the-grid functionality it provides, and we look forward to further iterations of the product for other consumer electronics."
The Company’s plan is to explore licensing and product sales opportunities with leading defense, commercial and consumer companies. Discussions with potential customers include the following:
The Company is in discussions with a large defense entity in India to license its technology for production and use for India military applications.
They also have a letter of interest with a large U.S. aerospace company, for which they have provided a scope of work with detailed milestones and a proposal for commercial aviation applications.
A company in South Africa has shown an interest in using their fuel cell technology for off-grid power applications.
NPWZ will continue to submit grant proposals to various defense agencies for both the PowerChipTM and the PowerPlayTM technologies. The proposals are jointly submitted with the defense supplier and other parties.
NPWZ has a lot going on for them right now including; Patented fuel cell technology, just recently taking their technology to market, in the process of securing contracts with Fortune 500 companies, already has work on military contracts.
With so much going for them NPWZ is very hot right now! This is not an opportunity you will want to miss out on. We urge members to take Swift Action, start your research right away.
NPWZ closed at just 005 cents today. At its current level there could be a monstrous upside.
Start your research right away! Feel free to start with the links toward the top of this email.
We encourage you to do further research. Also, if you find yourself in a position to profit it is often a good idea to do so.
Very Best Regards,
The Elite
Another Pump&dump comes crashing back to earth, and people still complain. Play with fire and you get burnt, it's a chance you take. So some hasbeen basketball player wants to put his name on a bottle of Vodka doesn't mean it's valued at 10's of millions of dollars. All penny stock promo's are scams, true Companies don't have to pay for touts to push the Company, as a means to pump the stock price. If you want to particpate in these games then you can't cry when you lose money.
If you can get your money back out you would be lucky, and I'd take it and run a mile from this POS.
Not my cup of tea, but good luck to you.
Not me mate, don't touch cr-ap like EXHI. However I would never gloat at a fellow investor because they lost money. In your case I will make an exception, after a comment like the one you made I would wallow in your financial demise. hopefully sooner rather than later.
Good day fine Sir (a--hole)
Assets $300K, Liabilities $4.5 million, zero cash-on-hand. Equals scam.
WBXU will bomb like every Pump and Dump!!!! Only thing that is "booming" is the touting of this garbage.
Although naked short selling is illegal, it is legal under certain circumstances. For example, if you are a market maker who needs to provide shares for a stock which has limited liquidity, naked short selling becomes legal. This 'fail to deliver' system can create widespread deterioration in micro-cap stocks. The investors with short positions may pick on small emerging companies and cause their stocks to plummet. This would also induce investors with long positions in micro-cap stocks to abandon their positions. However, some on Wall Street believe that naked short selling is promoted by the owners of small public companies in order to divert investor attention from corporate issues and regulatory problems surrounding them.
Everybody that bought this today is losing money. Nobody is showing a 73% gain as it started higher than that at the open. Only those in the know that bought yesterday or before are making anything.
Why do you make those false comments??
Naked short selling shouldn't have happened with XUII as the insiders were more than happy to make a massive supply of shares available.
Naked short selling is a case of short selling without first arranging a borrow. If the stock is in short supply, finding shares to borrow can be difficult. The seller may also decide not to borrow the shares, in some cases because lenders are not available.
If you subscribe to one newsletter, you can guarantee within 3 months you will have 10 different newsletters that you didn't subscribe to, that's spamming. You are correct you can unsubscribe to those newsletters.
As I said if you're caught out more than once with these scams then you have no-one to blame but yourself.
Fully agree they are a bunch of crooks. They make old Bernie Maddoff look like a Saint and would screw their grandparents for a dollar, absolutely no scruples and couldn't care less if individuals went bankrupt by investing in the crap that they write.
However to coin a Pumps and dumps phrase, if you're caught out once shame on them. If you're caught out twice, then shame on you.
The past 3 years Awesome Penny Stocks (APS) has been the most popular email spam promoter in the penny stock world building up a huge following while avoiding any action from the regulators. APS has mastered the game of controlling a penny stock shell and all of its free trading stock (usually through foreign entities), pumping the stock using a viscous stream of emails with glowing promises of riches, price targets, and lies, and manipulating the share price through wash trading and other illegal trading practices. This report will take a closer look at some of the main individuals involved in the Awesome Penny Stocks cartel.
Aaron S Lamkin and Scott F Gelbard
Back in June of 2012 we posted research exposing the involvement of several individuals with a various Awesome Penny Stock promotions in our report titled "A Banned Stock Promoter's Noteworthy Connection to APS". The two main individuals that we linked to Awesome Penny Stocks were a pair of banned stock promoters out of Colorado named Aaron S Lamkin and Scott F Gelbard. On November 16, 2011, Aaron S Lamkin and Scott F Gelbard were barred from association with any broker or dealer by the SEC for their roles in the illegal distribution and sale of Xpention Genetics, Inc. (XPNG) and HS3 Technologies, Inc. (HSTH) stock. The Complaint describes a stock promotion scam very similar to the Awesome Penny Stock promotions. Aaron Lamkin is a 35 year old Castle Rock, Colorado resident and graduate of Colorado State University. Scott Gelbard is 37 years old and also graduated from Colorado State University. He lives within walking distance of Lamkin in the same area of Colorado. Also barred in the same SEC litigation was Lamkin and Gelbard's fraternity brother, Jeff Koslosky, and their company, The Regency Group, LLC. Since that original report in June of 2012, we have continued to research and identify other possible key players in the Awesome Penny Stock cartel.
Henry Gelbard
In our June 2012 Awesome Penny Stock report, we mentioned an anonymous financial backer located in Singapore. We believe the link to Singapore may be Scott Gelbard's father, Henry Gelbard. Henry Gelbard has been involved in penny stocks for a very long time. Eileen Gelbard is Harry's wife (Scott's mom).
Anthony Kerrigone
By December of 2011 (even before our last report), it had become very obvious to most of the penny stock world that market maker, Wilson Davis & Co (WDCO), through their Denver office was playing a huge role in helping Awesome Penny Stocks to manipulate the share price during their paid promotions. The Denver office was run by one man, Anthony Kerrigone. Anthony Kerrigone's office was located very near to the homes of both Aaron Lamkin and Scott Gelbard making him the ideal choice to help Lamkin and Gelbard with their stock manipulation schemes.
Proximity of Key APS Players
PumpsAndDumps.com did a great write up on December 29, 2011 about the way WDCO was being used to manipulate the price of NSRS during that APS promotion. PumpsAndDumps.com also documented through several L2 screen shots just how obvious it was that WDCO was helping to manipulate the market for the APS cartel on June 3, 2012 during the GWBU promotion.
Infitialis also did a great report about WDCO and APS in their September 27, 2012 PRTN report (part 1).
Promotion Stock Secrets was the first to break the story about Anthony Kerrigone's Denver WDCO office going broke and closing its doors on April 30, 2013 thanks to a naked short position held in LOTE. In that report we detailed how Awesome Penny Stocks made two failed attempts to bail out their favorite market maker friend. In the end it wasn't enough though and the WDCO Denver office closed down.
Anthony Kerrigone, who was involved in helping the APS cartel for more than 2 years, was now out of the picture, but not for long.
On July 26, 2013, Anthony Kerrigone was hired by another market maker, BMA Securities (BMAK). BMAK is best known for their close association with toxic financiers like Magna Group, Fairhills Capital, Asher Enterprises, and others.
Anthony Kerrigone Registration
BMAK has already begun playing a major role in the price action for current Awesome Penny Stock promotion, XUII and now has to be the #1 market maker to watch for suspicious involvement with future Awesome Penny Stock promotions.
BMAK/Kerrigone has been very active on SOUL (another current big name promotion) making us wonder if there might be some kind of link between SOUL and APS or BDPS and APS.
Also of note, we have noticed that Monarch Bay (MBAY) appears to be the market maker liquidating stock for Awesome Penny Stocks with XUII.
Jason Pollack
Jason Pollack is a market maker at Asciendiant Financial (ASCM) in Florida. The Pollack family is related to the Gelbard family. We think that Eileen Gelbard might be Jason's aunt. You'll find on Jason Pollack's Facebook page that he is friends with Eileen Gelbard (mother of Scott Gelbard) as well as friends with Anthony Kerrigone.
Jason Pollack Facebook Friends
We believe that Jason Pollack also plays a role (though not as large as Anthony Kerrigone) in helping Awesome Penny Stocks to manipulate the price of the paid promotions.
Ramish Abib aka Ramish Habibullah and Babur J Kabiri
Ramish Habibullah is 22 years old and runs Media Elite Consultants, LLC which is located in San Antonio, Texas.
Babur J Kabiri is 23 years old and is close friends with Ramish Habibullah. He has been involved in penny stocks since he was at least 16 years old.
In our report about WDCO closing down from April 30, 2013, we mentioned that Awesome Penny Stocks was offering money to journalists to publish reports for them. We have identified two main individuals that have been involved in these types of correspondence as well as acting on behalf of Awesome Penny Stocks for other transactions and communications, Ramish Habibullah and Babur Kabiri. We have strong evidence to back up this belief.
Summary
Based on our research, it is our belief that Henry Gelbard and Scott (Father and Son) as well as Aaron Lamkin and Jeff Koslosky are some of the main individuals behind Awesome Penny Stocks. This group uses the Afghani kids to do a lot of the internet stuff and run wires through their companies (Media Elite Consultants, LLC for example). There is then a compensatory relationship with Anthony Kerrigone (who moved to Colorado two years ago living less than 5 miles from the bunch) and Jason S. Pollack - OTCBB market makers that are always enforcing the bid and ask spread.
Aaron Lamkin, Scott Gelbard, and Harry Gelbard are like Gus Fring from Breaking Bad. They live a double life in Colorado while secretly controlling hundreds of millions of dollars offshore with the help of Kabiri and Habibullah.
We are also working on research that could show that Awesome Penny Stocks may be using Titan Belize Securities to mask their ownership.
Approx. $14,000 dollars of trading YAWN!!!
No volume, Pump & Dump dead already.
It doesn't have a business, only revenue was 4 quarters ago and that was $1,000. A monopoly game has more value than this POS.
If this doesn't deter you buying this cr-ap, I have no sympathy when it bombs.
http://finance.yahoo.com/q/is?s=fcic
Plenty of verbal diarrhea on this POS today!!
Pump and Dump day one.
More news means another P&D, load of BS.
Why can't they just leave this carcass alone, it's rotting quite nicely where it is. They keep digging it up for another public viewing and it's already haunted enough bank accounts.
I've made and lost money in these scams, always remember that there is not a single pumped Company EVER becomes a legitimate business, every single pump and dump is being carried out by unscrupulous people who would take money from their own grandmother.
They pay touts to come onto these blog sites to pump the Company in an effort to get enough people interested so they can divest themselves of as much of their worthless shares as possible at whatever price. Since they paid virtually nothing for their shares everything is a profit, no matter how cheap they sell it. Their only real outlay is to pay the touts to promote this rubbish in their daily stock tipping sheets. Don't get me wrong if you play carefull and stay by the computer you can make money, however if you have a fulltime job and can't keep a vigil at the computer you can lose alot of money very quickly.
Yup - It's a P&D POS
Mac Miller holding XUII disaster relief concert.
All bagholders welcome, APS to make guest appearance.
You must have spent the last week vommitting in the toilet if you have been long on this POS. Old shorty has made a killing on this cr-ap.
Thanks, after doing a little more reading I think I'll hold off. As far as Kodaks is concerned it seems to be turning the corner and may be worth a look after the new Kodak begins, although not sure what the demand for new shares would be, (once bitten twice shy).
CLNOD has been pumped for 170 days and hit it's high after 130 days, it's impossible to tell. XUII had been trading in a range up to .40 for the first 85 days of the pump and then jumped to .75 over 5 days. Nobody has a crystal ball.
Don't disagree that anyone holding still from .70+ is a fool but the number of people who were stating that they were averaging down, rather than selling at a loss with XUII, leads me to believe there were quite a few. Throwing good money after bad I'd call it.
I just scratch my head, delusion reigns supreme.
So right now holding the shares is gambling that the Judge will side with shareholders, to some degree. Does this particular judge have a history of siding with shareholders in any similar cases or is this a one off.
When I looked at the quarterly figures it got my interest for maybe buying as things looked positive and the name Kodak is money in itself, but further DD got me a little worried and gambling on a judges decision is a bit of a chance. However if the judge voted to side with shareholders it could be easy money in the bank.
Clarification Required: Is it true that all of these shares that are currently trading will be worthless once Kodak comes out of chapter 11, possibly within the next couple of months?
I had read an article where they will have to pay their creditors up to 2 billion, with shareholders probably getting zero. Also that all current shares would be retired and another issue would be sold under the reorganisation of the Company.
If that is the case I was wondering what are the benefits of holding the current shares?
You can say that about any person that buys at the highest price, however who knows what the highest price is ever going to be??? 75 cents would look good if it had run to $1.50
Can you tell me about what percentage of investors put a stop loss in, among your average Joe's I'll bet it's not very high, in this case hindsight is a wonderful thing.
And by the way I've trashed this POS from day one, so my questions above are rhetorical.
Some people find it very hard to sell at a loss, as they believe the hype/lies that is being written and think it will come back. Others keep averaging down, and think they are being smart doing that. However dealing in the Pinks it can be the dumbest play you can make.
Extremely patient if you're still in from .75
The insiders, selling their worthless stock, are the people whacking the bids, that is what is forcing the price down, not the short sellers. Short sellers profit from the greed of the insiders.
Sausages are getting burnt today LMAO
GRILLIT (GRLT) Bag Holders about To Get Barbequed
GRILLIT, Inc. (GRLT) shares have been skyrocketing thanks to several pimps who have been making hay out of nothing. For example, one tout has been highlighting that, "GRLT is establishing itself in a sector tipped to grow by double and triple digits rates in the coming years. Current sector value is estimated at $27B annually". The problem is that we don't know what portion of that sector can be attributed to GRLT, since the announcement of the reverse takeover conveniently left out financials. So now investors are left to guess at whether they can look forward to double and triple digit rate increases of $100 in sales, $1,000 in sales, or who knows what. Most definitely, the revenues from two restaurants is never going to justify today's market cap of $24.75 million, set to quintuple just if the share price stays at this level (it won't). What we do know is that as of March, GRLT listed $93K in assets, $84K of which is labelled as undefined, "other" assets. Maybe the company has $84K in coal with which to stuff shareholders stockings this coming Christmas. One thing is for sure, today's shareholders could be looking forward to a miserable Christmas. Here's why:
The latest frenzy is over the company's announcement that shareholders would receive a dividend of 4 additional shares for each share of GRLT they hold. Today's irrational 89% run can be attributed to yesterday's announcement that the record date of shareholders who would benefit form this dividend, was extended from July 15 to today, August 7. In other words, insiders wanted a little more juice to able to sell more overpriced stock. And boy, did they ever succeed, generating over half a million dollars of trading, and surely pocketing the lion's share of cash changing hands.
Now the announcement of a stock dividend is a common ploy used in penny stock schemes, designed to make the naive believe that they are getting something for nothing. In other words, and using the GRLT example, if I own $100 of stock today, then surely I own $500 worth of stock tomorrow? Right? Wrong! Although they are called "dividends" in an attempt to deceive, the scheme is usually nothing more than an attempt to veil a stock split. In other words, if you own $100 worth of stock today, you still own $100 worth of stock tomorrow. The share price will reflect the split, so that if the share were valued at $3.00, they would be worth 60 cents after the 5 for one split. The shareholder gains nothing.
Unfortunately for the GRLT pigeons, they aren't going to be so lucky. The GRLT dividend really is a dividend. Each shareholder will get a certificate for 4 additional shares for each share they hold at the end of today's trading. The problem is that these shares will be restricted from trading for a period of one year, under Rule 144. So everybody is stuck with them.
OK, so you wait a year and then sell, right? Not so fast! Once the shares have become free-trading, the shareholder will have to go to a qualified securities attorney and obtain an opinion letter, stating that the shares are qualified for trading and why. Expect that to cost between $250 and $1,000. Then there's the matter of finding a brokerage house that will allow you to deposit the certificate. This is a pink sheet stock, which we expect to be worth almost nothing in a year. The few brokers that will accept such a certificate will charge several hundred dollars to accept the certificate for deposit, more if the company is not DTC eligible in a year, which is very possible. Then you have to pay their retail brokerage fees to sell the stock. And even then, all this depends on the company not executing a reverse split before these shares become free trading. Do not pooh, pooh that possibility.
OK, so now everybody has held onto their shares for a year, gone through the opinion letter hassle, and found a broker to take their certificates. Now there's 33 million new shares for sale. What do you think happens to the share price, which we assure you will be beaten down to nothing in a year, when there is 33 million freshly tradeable shares ready to go? Can you guess?
Sound appealing so far? Well everything we've told you is nothing compared to the ultimate slap in the face shareholders are expected to endure starting tomorrow. Unless the company announces another extension of the date of record of course.
Naive shareholders are expecting the same level of interest in GRLT shares tomorrow as there was today. Oh no, no, no. Do you think that new investors will be interested in purchasing stock at an 80% disadvantage to what they could have had one day before? That would make them second class shareholders in a company that has very little, if anything. On top of that, current shareholders, having locked in their "fantastic" dividend, will be looking to the exits. All at once. It may be a stampede. With few buyers consisting of maybe a couple of short coverers, and a lot of sellers, these $3 shares will be worth pennies in the blink of an eye.
Well at least they'll have certificates to use for kindling. But those won't be available to burn for a year.