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Disclosure: I hold no position in this scam stock listed as $SITS and I do not plan to initiate any position in the near future. To do so is financial suicide. IMO.
Just curious, how many of you are compensated non-shareholders?
It hit that target and even lower. Now on to save investors on the the next P&D!
Hmmmm at.046 and going lower. Let's talk PPS now!
The SITS stock wallflowers are going to lose their cash to these Dollar a Day Pumpers on the SITS Board.
Just saying, I told you so. IMO
SITS is a Zombie stock. Just enough brains to get it into next week when the pumpers dump her.
The Boss says it best. Going down.
Congrats on your SITS Moderator status.
Hey Bill,
The GMEC cheerleaders are off to another P&D buffet.
Southern ITS Inc. $SITS
I'm not a Financial Advisior. I just post my DD on Ihub.
The real money has already been made in first few hours trading the SITS feeding frenzy.
This money was made by the promoters and insiders.
The SITS pumpers will drag this on for the rest of the week at the compensation of several dollars a day.
This pump will lure the investor wallflowers who are sitting on the sidelines watching the action to buy high.
Then the Dump of SITS will occur. Posts on this board will dry up. Volume will drop. Stock price will tank. And then another inevitable reverse stock split by the SITS Board of Directors.
Which at the present time is only three?
It looks like my predicted close of .049 for GMEC last Friday may come to fruition today.
By the way, where is everyone today? Bueller?... Bueller?... Bueller? LOL!
Good to see this post get sticky.
Judging from today's volume thus far the fleecing this week is going to be bigger than I imagined.
Thanks!
I found this of particular interest. I'm curious to see how it plays out.
Four commany name changes, what’s not to trust?
More SITS DD:
This scam was incorporated in 1984 as Beta Tech Robotics, Inc. in the state of Nevada. It then changed its name to Axion Spatial Imaging, Inc. in 1996. Then it changed its name to Alco Advanced Technologies, Inc. in 2009. And then most recently changed its name to Southern ITS International, Inc. in 2012.
Definitely sounds like a transparent legitimate business.
Four commany name changes, what’s not to trust?
More SITS DD:
This scam was incorporated in 1984 as Beta Tech Robotics, Inc. in the state of Nevada. It then changed its name to Axion Spatial Imaging, Inc. in 1996. Then it changed its name to Alco Advanced Technologies, Inc. in 2009. And then most recently changed its name to Southern ITS International, Inc. in 2012.
Definitely sounds like a transparent legitimate business.
Looks like GMEC has seen its run. It wasn't really impressive. Pump is over. I doubt you'll ever see another PR from this scam.
More SITS DD:
Past three SITS P&D campaigns:
DATE VOLUME
8/13/2012 1,845,600 PRE-PUMP WEEK(Insiders getting shares)
8/20/2012 26,076,700 SCAM WEEK (Investors fleeced)
10/15/2012 2,309,000 PRE-PUMP WEEK(Insiders getting shares)
10/22/2012 82,982,300 SCAM WEEK (Investors fleeced)
2/4/2013 6,024,300 PRE-PUMP WEEK(Insiders getting shares)
2/11/2013 ??? SCAM WEEK (Investors fleeced)
High volume with this scam equals lots of red, if history repeats itself this week is going to be one huge Pump and Dump.
But the entertainment value is so addictive.
I just get these penny newletters that hype these stocks and claim "This is for entertainment purposes only".
I just find it entertaining to do DD on scams like SITS and I'm amazed that people fall for this kind of stuff.
I don't play these scams, I do my DD and post my opinions. GM*C apparently didn't play out as expected for a lot of folks.
Some SITS DD
Last SITS Pump: Feb 11
The number of times SITS has been involved in a Pump & Dump campaign: 3 (August 2012, October 2012 and February 2013)
Number of pump and dump touts: 12
Shares Outstanding: 348,217,382
Last Qtr. Net Revenue: $734
Cash On Hand: $80.7K (I'm not sure if SITS can pay the promoters, oh wait the promoters got all those shares last Friday)
Share Book Value: -$.0024
Source:
You can put lipstick on a pig and well it's still a pig.
I have to compliment Stock Barber as a Mod. He calls it like it is.
This is exactly what is going to happen. History repeats itself. Thanks for the link. Amusing read, exactly my sentiments on this scam.
Charts mean nothing on a stock like this, this all pure manipulation.
The volume on Friday was nothing but folks in the know loading up the boat before the email promotions went out. P&D insider trading.
It's amazing how history repeats itself. Go back and read the August 21, 2012 SITS post on this board. The hype is starting again.
You missed a spot. LOL!
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I got my seat and I am looking forward to watching the Pump and Dump on this stock!
My prediction of today's close of GMEC at .049 was off by .009 cents a share. Mea Culpa.
Then again there is always next week. I'll just have to re-examine and re-adjust and predict an even lower PPS.
Have a great weekend you all.
You called me on it and I responded. Where's your DD on GMEC?
My DD. Simple.
Red Flags:
Chinese RTO.
Penny Day Stock Trader pumps investing in GMEC "for entertainment only".
No real business. They don't have a movie, they are just "representing" artists.
GMEC has declining revenues of $1,088k (most recent reporting quarter), $1,192k and $1,454 along with rising net losses of $306k (most recent reporting quarter), $43k and $20k. At the end of September, Great China Mania Holdings had $232k in cash to cover $1,349k in current liabilities.
Then consider the pump of this board. It has dried up now. Over 500 posts a few days ago to 1/10th of those posts.
What does your DD tell you?
From the Penny Stock Day Traders pump for GMEC.
Getting close to my call of .049 for the close.
Anyone want to predict the GMEC close for today? I'm predicting .049, that being said I'm being generous.
I never bought into GMEC, Bill. That was Greenlanterns.
I just wanted to help folks by doing some DD and posting here that GMEC was nothing but a pump and dump scam.
This is also pretty good:
This is the funniest part of the Penny Stock Day Trader disclaimer:
Are any investors following this board after today's GMEC's fall from grace?
This stock was anointed by the P&D newsletters 10 days ago as a sure thing. GMEC since has tanked. Down to sub-penny status soon.
The P&D newsletters have a new penny stock savioir to be released this weekend.
No doubt the promoters have all their buys in place. After all, they get $200,000 for promotion and marketing. The bills they scam from you is just gravy.
Do your DD on these Penny POS's. Especially the ones that are in China. The SEC has no control on OTC/Nasdaq China stocks. China is just looking to rip you off with the help of some American P&D lackeys.
IMO
Consolidation to ZERO.
Good luck to the GMEC pumpers. I was one of the many that made the called to the collapse of this POS.
Looking forward to seeing you all soon on the next P&D board.
Penny Stocks has a hot penny P%D for next week. See you there.
I'll do my best DD and proclaim my awesome wisdom in calling this stock a buy or a sell.
IMHO