Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
It just might be wall by wall in this case...
Have not been optimistic lately, but I think you are right on the money with this. Looks like a set up for a multiple penny play. If this turns out to be as solid as I think it will be, could move fast.
Looks like the company is about ready to release some info, hope I am correct, this is insane volume unless a PR Group is coming on board....
Agree, for day traders this is a great if they time it right but those poor suckers who think they can hold this stock and make money are crazy.
Have you researched their financials? Does it say the revenue it generated from the project? I just hope your do your DD before making a huge mistake. I think the day traders will make out fine, just get in and out quick or you will be holding the bag....
We all know the the next step up is on the company with news, they should have it and I can understand if they were waiting for Asher to clear out their shares first. Now they need to step up and get the news out to the shareholders and potential buyers of this stock. I would have put out some type of PR just to keep the dialogue open to shareholders. Cmon John you were doing so well, just keep us informed.
Sorry DEN, had to post it but hope you will make a good profit and have a great exit strategy which I am sure you do.
Southern ITS International, Inc.: The Smart Money Will SITS This One Out
Monday, February 11, 2013 7:04 A
PUMPs & dumpS
Red Flagging DANGERS In The Penny Market
Southern ITS International, Inc.:
The Smart Money Will SITS This One Out
One of Monday's big productions looks to be Southern ITS International, Inc. (SITS), a long time scam that continually changes its stripes to convince the street that it has turned over a new leaf. It hasn't. It's still a scheme designed to separate you from your money. Let's list off the reasons that you should stay away from this piece of SITS.
1. This is the third Pump & Dump campaign in 6 months for this issue. The first two campaigns were conducted under the symbol ALCD. Those that bought in during the August 2012 campaign are pretty much wiped out as suckers paid as much as 13 cents for these intrinsically worthless shares. Ditto for those who jumped in during the October campaign, although they weren't hurt as badly, since shares were sold at only 2 cents by then. Those that expect different results in this new P & D are the proverbial definition of the insane
2. Somebody knew that Monday's campaign was coming, as buying volume came out of nowhere last week. This means that new buyers will be competing with those that got the word in advance, the dumping insiders, and the long time bag holders, when it comes time to sell stock. When the rug is pulled out from under the share price, it will fall hard and fast.
3. With the heavy hitting promoters pushing this for Monday, SITS could be set up for the perfect "Gap & Trap". A "Gap & Trap" occurs when the share price gaps up, due to pre-market accumulation (as only market makers can do) and then, at the open, investors pile in and buy during the first few minutes of the trading day. Those that got in pre-market, will then be joining the insiders (and in this case, those that were tipped off last week), in a dump-a-palooza, causing the share price to suddenly reverse direction and victimizing the pigeons who bought in right at the open.
4. SITS is a dilution machine. 4 reverse splits effecting a one for 12.6 billion reversal, have taken place over the last 5 years. The printing presses have never been turned off on this scam. The number of shares outstanding after the Apr 20, 2012 reverse stood at 1,084,453. Just 4 months later, on August 14, 2012, the number of shares issued and outstanding was back to 174,108,684, as insiders replaced the shares they were reversed out of with new stock. That number has since doubled due to a forward split that can only be explained by the desire to have inventory to sell. (How does FINRA justify allowing a forward split to take place 8 months after shareholders got screwed with a reverse split?) We promise you that as soon as the insiders divest themselves of these shares, another reverse split will be forthcoming. Take that to the bank
5. The disregard that SITS insiders continually show for traders, underscores the fact that they really don't care how much money they get for their stock. It's all just air anyway, and the shares sold into the P & D will assuredly disappear as soon as the next reverse split takes place.
Can a day trader make money on Monday with SITS? Maybe, but he better be quick on the sell button and hope that he can beat the rush for the exits, which we think will come before the trading day is 30 minutes old. But really, is it worth risking losing your wad just for a shot at making a few bucks, all the while lining the pockets of these thieves? We think not.
We feel another edition of Told Ya So! is forthcoming.
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!
www.pumpsanddumps.com
Content Copyright 2011-2013 pumpsanddumps.com. All Rights Reserved.
The disclaimer is to be read and fully understood before using our site, or joining our email list. PLEASE NOTE WELL: PumpsAndDumps.com is a free public service and never ever shorts stocks. PumpsAndDumps.com and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever. The opinions expressed here are the property of PumpsAndDumps.com and are for information purposes only. Nothing found on this website should be considered as an advisement to buy or sell any stock. PumpsAndDumps.com receives no compensation for any of the information posted on this website.
Did try and call the company, the mailbox is full, can you believe that. LOL
How stupid would it be if they didn't, they should have an orderly release of information with a PR campaign to draw more attention if they are following through with what they have already released. In the meantime they should have released at least a minor PR to inform stock holders of what's going on.
Anyone worried make a phone call:
20 Trafalgar Sqaure, Suite 455
Nashua, NH 03063
(Address of principal executive offices)
(603) 732-6948
(Registrant’s telephone number, including area code)
Agree
You lost me, what?
Can you refer to that post.
First off you haven't answered my last question. Tell us more is more like tell you more. There is no more to tell, everything is research based and you as well as I can do the DD. I will keep posting links and information on the company that I find is credible.
Yes I am, and I know Powers is legit.
Have you ever been in management with a publicly traded company?
FYI
go to: IHUB: DD Support Board and Fraud Research Team
posted: Saturday October 11, 2011 by nodummy
Doing a search through SEC reporting companies brings up the name Asher Enterprises Inc almost 800 times since March of 2010
http://searchwww.sec.gov/EDGARFSClient/jsp/EDGAR_MainAccess.jsp?search_text=%22Asher%20Enterprises%2C%20Inc%22&isAdv=false
Asher Enterprises, Inc is a toxic debt financing company domiciled in Delaware, located in New York, and run by Curt Kramer.
ASHER ENTERPRISES, INC.
1 Linden Pl., Suite 207
Great Neck, NY. 11021
Curt Kramer, President
AGREE, Hopefully the first PR contains Asher is now gone..
I agree with the Asher scenario, however we now have new management with John Powers who does not have the Asher history and was with legitimate companies in the past. I disagree with the Lotto adjective about Mine, they have released the new direction with Level 5, changing into a holding company and I believe they will be adding more acquisitions into the fold. Removing the thorn, ASHER, will be the first of a long list of turnaround events for this company in the future.
Jack Abramoff was a philanthropist and taught bible study, all good con artists have illusions just like a good magician to appear they are taking the high road......
I agree with you, Mine management at the time was at fault for getting into that position in the first place, however some companies fall into that situation having no choice to meet their filing status requirements which cost way more than you think. Either out of business or fall prey to the blood suckers until they can turn the ship around. Some companies then fail and some turn it around, MINE management is turning this around and unfurling the sails for a good voyage upward. As long as the management does not use this as an ATM machine like CM## did before the takeover we will be just fine.
If you have any ideas, please post them.
It won't take that long, I would suggest within a few weeks top. Lot's of volume will wipe the slate clean soon, then we can see a major run with sufficient news to drive this company forward.
I think they are waiting until Asher is completely gone before the steady stream of news, why put it out if you still have toxic debt. They should have cleaned this up along time ago, that is the only disappointment so far. I hope Asher management eventually get's what's coming to them, a long time in Fed prison. If you look at the website you would think they are angels, just like Jack Abramoff.
After a little research the address for Powers is wrong, he lives in Massachusetts and the company address is wrong. Totally bogus form.
The company and Powers is sure working this, not only for the shareholder benefit but as it seems natural for his as well. It appears events are being orchestrated for some quick and upward movement of the stock without outside glitches to interfere. We shall soon see if good news will be out or it's all BS. I just can't imagine they would go through all this set up for nothing. All management have a fiduciary responsibility to their shareholders but we all know they come first.
Agree, they may just take out all of Asher before due date, I would if I was the CEO, start clean..
The filings will show toxic debt and all debt. The TA if not gagged can give us the OS/Float as of the date in question. The most critical mass is the toxic debt, let alone the basics in question which are assets/revenue/expenditures. I have seen boards try to keep track of the long share holders count in the past with questionable results which may not be accurate. Unless you have a copy of their shares I would question it.
Why would anyone want to send you their share count, what plans do you have for it?
When the company releases news you will know the conversions are done, the toxic financing has gone away and now they can run the company the way it should have been run from the beginning. Once you run into a financial Jam in the beginning phases of a company and you have to get quick financing with someone like Asher it can take a company down. This is actually a good thing to clean house and start fresh. Powers inherited Asher and it appears they will be gone along with some other past debt conversions. Powers on track to make real shareholder value in the near future.
Are you kidding me, the company knew this was coming that is why they haven't released any news yet. Fairly obvious, I think once they get all the conversion crap out of the way we may finally see some real legs on this with news.
Looking real good....
.0028 x .0031
If your in the OTCB and still trading pennies your still in penny land, I am suggesting the stock will be trading over .99. That is of course if LEVEL 5 is successful and garnishes a reasonable percent of the market. If they bring in other assets and revenue from further acquisitions which is obviously the goal of this company. They followed through with LEVEL 5, the first stage of growth and affirmation in the change as a holding company. Simple math will determine when they can support over a .99 stock value. Obviously it will take some time but I am looking at a mid range hold on this stock with long range potential.
Depending upon the news we may see multiple pennies right out of the gate. If they come out with another acquisition that has great assets and income producing you may see huge gains with this share structure. If they speed up LEVEL 5 delivery you may also see some investors speculate that it will be a huge success, if they are successful with LEVEL 5, which I believe they will be with Power Brands at the helm, this stock would not be in penny land anymore.
I agree, Mine is due for news, the company should be all about news right now with the volume and interest gaining exponentially in the possibilities of MINE. I think Powers will come out with something real soon.
So this is where you guys hang out, nice board.
When I want to take out the Ask, I support it with a bid right next to it. If the ask is a small amount I may get into the next ask and support with then a higher bid which usually brings in higher support at the bid or at least it get's deeper on the bid.
We are getting new eyes on this everyday, highest post day ever. Looking like the smart investors are getting on board early...