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Any thoughts on $LFVN?
+75% in 5 trading days with volume 6x the 3m average.
Protandim - LifeVantage 'Miracle' Drug - has not been evaluated by the U.S. Food and Drug Administration (FDA) and its effectiveness of Protandim is quite controversial:
http://www.lazymanandmoney.com/lifevantage-protandim-scam
http://www.protandimscams.com/
The company has an aggressive advertising strategy, which is always a red flag for Pharmaceuticals (see for example QCOR), using Multi-Level-Marketing (MLM): http://dannysyoon.com/lifevantage-review-is-legit-mlm-business-opportunity-scam/
and engaging entertainers (from the last Annual Report):
I'm looking forward to reading about that in Bloomberg Europe! Thanks!
Post the link if they publish something. I will do the same if an article appears on the "WirtschaftsWoche"
I'm very interested to know who is Siekmann's headhunter in Dallas...
In a Nevada SoS filing ( http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=D%252fgwv3bSUlS1e1Q6UvdBBg%253d%253d&nt7=0 ) Kang Young-Ho (aka Michael Kang) provided the following address in Vancouver:
400 - 570 GRANVILLE STREET
VANCOUVER BC
V6C 3P1
That same address pops for many other companies... after a quick google search:
Blugrass Energy, Inc. (PINKSHEETS: BLUG)
http://www.andhranews.net/Business/2011/Blugrass-Energy-Extends-Date-Shareholders-Meeting-523.htm
Blackbird Energy Inc. (BBI:TSX-V)
http://www.qiscapital.com/showpage.php?article_id=496
Dakar Resource Corp.
http://ipo.investcom.com/cgi-bin/ipoprofile1.cgi?ID=1&string=Dakar+Resource+Corp&exact=yes&com=yes
Gemini Exploration (GMXS)
http://br.advfn.com/noticias/Proxy-Statement-definitive-DEF-14A_47541893.html
Macdonald Tuskey
http://macdonaldtuskey.com/contact.html
Biologix Hair In
http://www.biologixhair.com/index.cfml?cnt=legal-advisors
and so on... It must be another virtual office center...
Yes, NascaCell isn't new to German Authorities. The recent raids seem to be an extension of the first trial against Schutzgemeinschaft der Kapitalanleger(SdK).
Nascacell ist also mentioned here (Jan, 19th 2012):
I just wrote to the WirtschaftsWoche Magazine about RAYS... Until now there was no news about them in the German press
More news on penny stock pumpers in Europe.
Yesterday and today were published more details about the raids and also some names in the following articles:
http://www.geldanlage-report.de/archiv/GAR-Update-030312.html
http://www.sueddeutsche.de/wirtschaft/anleger-wurden-manipuliert-grossrazzia-bei-boersenbetruegern-1.1298248
http://www.wiwo.de/finanzen/boerse/aktien-skandal-neue-details-zur-grossrazzia-wegen-kursmanipulation-/6282368.html
Companies cited in those articles (there are also one two US pennies):
PetroHunter Energy Corp. (PHUN)
Pacific Lottery Corp. (PACJF)
SN Mineral Mining AG (FRA:SEM)
West Africa Mining Holding AG
NascaCell Technologies AG, controlled by Q2M Biotech AG (FRA:QBI)
First Invest Capital Holding AG
IQ Investment AG
GB Mining Holding AG
Autev AG (FRA:LDP)
VEM Aktienbank AG
Curcas Oil
Bar.Bra Mining
Afrika Gold AG
FID-Verlag (penny stock newsletter publisher)
(note: AG is the German equivalent for Inc.)
Of course the list is not complete, remember that the raids involved more than 200 prosecutors.
ah okay, I misunderstood...
By the way, what do we known about Centro Azteca, S.A.? Unfortunately almost nothing for the moment, isnt'it?
Today I scanned again the German news but there isn't yet any name regarding yesterday's raids.
Great joke, I'm still laughing...
Anyway it's far more likely that Lloyd Blankfein gets his hair back
Very interesting!
In my opinion JF Infosys GmbH is the IT provider for Awesome Penny Stocks/Centro Azteca and Co.
Some more information that I found on JF Infosys GmbH:
CEO and founder: Jürgen Fritz
Established in 1981. Since 1995 specialized in e-commerce solutions:
http://www.hp.com/products1/evolution/e3000/case_studies/E3000000823.html
The only two websites related to the core IT business which I found are either not active anymore ( http://www.jf.com ) or look very bad ( http://www.e-profis.de ).
You could tell to your contact with BAFin to take a look at Raystream, Inc. (RAYS). This company is linked to Tan Siekmann and has also a German branch.
More details in the followings great articles (the first one was written by Janice):
1) http://thestreetsweeper.org/undersurveillance/RAYS_of_Sunshine_____or_Clouds_of_Doom_
2) http://seekingalpha.com/article/316946-raystream-remains-under-scrutiny-even-fails-to-disclose-loss-of-one-alleged-customer
3) http://seekingalpha.com/article/319767-as-raystream-s-customers-mount-so-does-skepticism
janice, DaReal, thanks a lot for those interesting German links!
It seems that the deprecated phenomenon of penny stock promotions is starting diffusing also here in Germany! I've always thought that penny stock promotions was mainly addressed to U.S. investors...
Right! I didn't know it!
I'd missed this two posts:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72085150
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72062348
It's quite crazy for fraudsters to switch to servers in Germany when you could have them in some less controlled, anonymous legal haven like Aruba or Panama... unless you're living there...
Each website in Germany must provide a so-called Impressum:
For the moment that name didn't yet pop up...
There were really a lot of raids... many companies and persons must be involved.
What other penny stocks do we known, apart from RAYS, with a leg in Germany or in general in Europe?
Wow! I've quickly scanned the "deutsche Presse" (German Press) but no name (company or person) was done... ("Namen oder weitere Details nannte er allerdings nicht")
But there is for sure a relation to U.S. Penny Stocks:
"Im Interesse der Behörden stehen dem Vernehmen nach auch diverse Newsletter mit Empfehlungen für Pennystocks."
and also the FBI is involved:
"Auf Hochdruck werden auch in den USA die Untersuchungen an der Wall Street im Zusammenhang mit Insider-Geschäften ausgeweitet. Die Bundespolizei FBI will nach eigenen Angaben derzeit weiteren 120 Personen das Handwerk legen."
Source: http://derstandard.at/1330390154032/Internationale-Razzia-wegen-Insiderhandel
By "coincidence" RAYS went down -18.68% today...
We must strictly monitor this case!
LH already told that "First Micro Report is not register in a US State." (see my previous post)
Leslie Howard update:
On Sun, Feb 28, 2012 PumpsandDumps.com issued a new communication entitled "The Rumors of Our Death Have Been Greatly Exaggerated" after about one month silence:
Yes, as other users already said, it was EXPX.
Today Leslie Howard's First Microcap Report provides more details:
Yes, he has sense of humor and his writing style is very polite
No, that message isn't available on line. If a resource it's online, I put always the link.
That's right! I haven't noted that discrepancy!
He registered the domain as Oranjstad, Netherlands Antilles and not Oranjstad, Aruba.
And as stated in Wikipedia (http://en.wikipedia.org/wiki/Netherlands_Antilles)
First Microcap Report, LLC
LG Smith Blvd 365
Oranjstad 123
Netherlands Antilles
+507.8365948 Fax -- +507.8365948
Thanks, MrMajik55!
Why not adding two new columns?
1) Already promoted in last 6 months: true/false (like for example SMNG)
2) Start date of the promotion
It's pity that we cannot track the alerts before February... Maybe if you email Leslie again, he can give you the data?
Hi, you forgot to add to the table above TIV (alerted on Jan, 30) and NKRN (alerted on Feb, 13).
So... To be more precise... by "Yes, I've all his email alerts"... I meant, all alerts after the pumpsanddumps.com ads. The first one is dated Januar 25, 2012.
Regarding MSTG, NYXO, TRON, PROT, FLPC I cannot say anything.
I looked at the iHub and Yahoo Messages Boards for those stocks but I didn't find any posts about him.
I can only confirm the GLDN alert:
And this is the last one, where pumpsanddumps.com announced its decision to remove the Leslie Howard's advertisement:
I've the original emails that www.pumpsanddumps.com send to all his subscribers.
This is the second one (like the first one, but with subscribers' comments):
"...that had switched to Berlin". Could you please tell me more?
Leslie Howard states, he currently lives in Aruba. From his last post (related to Carnival in Aruba):
Janice, Imcat, thank for the reply!
I've read all the posts in abuseoflaw.org regarding George A. Sharp twice.
Also in my opinion there is no reproducible fact that validates the assumption George Sharp = PumpsandDumps.com = Leslie Howard.
For me it sounds just like an attempt to discredit PumpsandDumps.com
---
Maybe the SEC suspended NKRN because of these facts (among others):
1) As of September 30, 2011 NKRN increased the number of outstanding shares to 395,558,050 from 30,015,000 (10x!). On January 24, 2012 they reduced that number to 125,000,000 shares.
Why increasing your outstanding shares so much, for reducing them only 4 months later if you are now preparing a PnD schema? I think, this is a huge red flag (also RAYS did so, but the SEC is still waiting in that case).
2) Two major holders are already known to the Authorities:
Luc Desmarais
Major Holder (5%). Canadian. Already involved in a pumping schema in 2008: JSX ENERGY INC. (OTC:JSXG) (FWB:JXN). Also JSXG was suspended on March 14, 2008
Francois C. Desrosiers
Major Holder (5%). Canadian. On December 21, 2010 found guilty by the Autorité des marchés financiers (AMF) – the Québec homologous of the SEC – and fined for a total of $707,000 :
http://www.lautorite.qc.ca/files/pdf/salle-de-presse/communiques/2010/com21dec2010-desrosiers-ang.pdf
I was also wondered by the series of coincidences regarding NKRN:
1) Leslie alerted NKRN on Feb, 13.
2) The promotion started on Feb, 14.
3) Leslie closed his positions on Feb, 15.
4) The SEC suspended the trading on Feb, 16.
That made me very suspicious about firstmicrocapreport.com.
Anyway I have to say that I'm not yet convinced that Leslie Howard is George Sharp/Helischauer and even less that he is also behind www.pumpsanddumps.com
Could you provide us more evidence of that?
STEV did a "purchase agreement" with Southridge Partners II on January 26, 2012.
This is bad for shareholders not only for the dilution ("the Company issued 35,000 shares of its common stock to Southridge") and the lower price ("(93%) of the lowest closing bid price for the Company's common stock during the five-day trading period") but also for the many negative news regarding Southridge Partners.
Look at these previous posts:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65028174
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67810636
Some info regarding LSTG (Lone Star Gold, Inc.)?
pumpsanddumps.com did already an good work exposing this fraud:
http://www.pumpsanddumps.com/2011/12/monday-december-19-2011-todays-pumps.html
I'm trying to understand if their mining projects and concessions are a totally scam or there is a minimal value.
Yes that article on RAYS was very good!
There is still also a copy on google cache:
http://webcache.googleusercontent.com/search?q=cache%3Ahttp%3A%2F%2Fseekingalpha.com%2Finstablog%2F1094311-lucian-gregory%2F246761-raystream-rays-trying-to-market-essentially-free-techology
RAYS (Raystream) article removed on SeekingAlpha but available on Megaupload.
Yesterday (December, 21 2011) was published on SeekingAlpha a very good article that unveiled also again as RAYS is using a free and open-source implementation (x264) of an already patented technology (H.264).
Today (December, 22 2011) the article was removed.
This was the link:
http://seekingalpha.com/instablog/1094311-lucian-gregory/246761-raystream-rays-trying-to-market-essentially-free-techology
Anyway, no problem... there is a .pdf copy available for download on megaupload:
Lucian Gregory's Instablog
"Raystream (RAYS): Trying to Market Essentially Free Techology?
http://www.megaupload.com/?d=5OD9EEP0
Good Luck!
Where are located Streetside Holdings AG and Saffron Ventures GmbH?
"AG" is the German correspondent to "Inc." and "GmbH" to "LLC" but in the German (www.unternehmensregister.de), Swiss (www.uid.admin.ch) and Austrian Company Register (www.hrb-firmenregister.at) there is no entry for both company names.
Yes, I know. RAYS paid also buyins.net $1,116 per month for this questionable report:
http://finance.yahoo.com/news/BUYINS-NET-Issues-Raystream-pz-1137380280.html?x=0
When the penny stock promoters begin to "blame the shorts", that means they are usually at their "last stage".
The "buyins.net strategy" did not work very well in the past. Read this Tim Sykes's post to know what happened in similar cases:
http://www.timothysykes.com/2010/11/how-blatant-pumps-use-buyinsnet-to-try-squeeze-short-sellers-fail-encourage-us-more/
RAYS's desperate trying to hide evidence!
Some days after The Street Sweeper unveiled the RAYS scam, they removed the "incriminated" video from the website (it was at http://us.raystream.com/see-for-yourself).
I'm really starting to doubt about their intelligence! How could they believe that nobody previously did a backup of all their fraudulent videos?
This move is a confession of guilt!
I put all the original videos on megaupload:
* ray_480p.mp4 (27 MB) http://www.megaupload.com/?d=HE93TIDK
* ray_480p_normal.mp4 (214 MB) http://www.megaupload.com/?d=P0SOJ7QQ
* ray_480p_uncomp.mp4 (687 MB) http://www.megaupload.com/?d=JFJUS4GR
(on Megaupload there are 45 seconds delay before the download is enabled)
Authorities, please, intervene soon, before they destroy other evidence!
You said "I have a suspicion that the same people that control both Gekko Industries and Unlimited Trade also control smauthority.com."
Well you could be right
The Stock Market Autority (SMA) disclaimer for RAYS states:
[...]Raystream, (RAYS), the company featured in this issue, appears as paid advertising, paid by Unlimited Trade to provide public awareness for RAYS.[...]
[...]SMA and Foresight Media (FM) have used outside research and writers using public information to create the advertisement coming from SMA about RAYS.[...]
[...]FM has received and managed a total production budget of $3,250,000[...]
Well... look at the Panama Companies Register for "Foresight Media" and "Bridge Capital". MARIA LUCRECIA MARTINEZ is the President of both.
MARCO ANTONIO GOMEZ is Treasurer at "Bridge Capital" but also President at "Unlimited Trade" (MARCOS ANTONIO GOMEZ SANCHEZ to be more precisely).
I know that MARCO ANTONIO GOMEZ is a very common name in Latin America, but anyway What a strange coincidence! Searching for Bridge Capital LLC and "Vega Star Capital" other strange coincidences occur!
On November 22nd Go Daddy suspended the domain Smauthority.com for SPAM-AND-ABUSE: http://www.whois.net/whois/smauthority.com
By the way, also this video provides the evidence that the RAYS people are the same behind LEXG:
Your statement "it is increased video quality" is genial! It should be put in a frame! That a look at the frame and bit-rate of both files and then we can talk again.
Somebody could tell me the patent number of Raystream's revolutionary video compression technology? I did a search on http://www.google.com/patents but didn't find anything...