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You know it's bad enough when UDHC can't come up with a decent stock selling scheme that's capable of gaining some momentum, but to call this a "good company" goes beyond stretching the truth.
These prices are not ridiculously cheap, since there isn't anything of value behind the so-called company in the first place and to try and claim that there is, is ridiculous.
Naaa, wouldn't read to much into it, I was just bored and thought I'd see how UDHC was doing...lol
Chiron has been following this shell as long as I have, so I thought I'd see how the last scheme was panning out.
But hey, if you're a "believer" then I'll just wish you good luck and hope you make millions...lol
Exactly Frank, you just never know who all the "players" are, but when you find those who seem to object to the reality of the situation, lacking any semblance of objectivity, well you can be pretty sure you've found a few.
It becomes even more laughable when they still have the nerve to continue defending the so-called management for ETNL, even though the scam has been completely exposed. But it does completely expose them, minimizing their effectiveness and at least temporarily limiting further harm on inexperienced investors.
Problem is, they'll just wait for things to quiet down and them start the whole scheme over again.
But there's all sorts of unsavory characters involved in these markets, they are not only found in the scamming companies, many seem to be the pawns of the shady financier's.
In fact, while I find the scam the so-called company official's have been pulling on investors for more than 4 years reprehensible, I find the financier's and backers of these scams just as culpable.
Of course they wouldn't be able to conduct such scams without a place to ploy their trade. And as long as they have the support of such places, the unsuspecting investor just doesn't stand a chance.
Yes, but if you played it correctly (which I'm sure you did), then I'm sure you took your gains and ran on the first spike.
Anyone who's followed this shell long enough knows who's pulling the strings and where it will end up sooner rather than later.
The question is, were those enough to offset the shares you bought at .03 to .05??? LoL
Good Old Clayton Young, now there was a stooge of the highest order...lol
GRAN looks like it may be an interesting play, but again I'd only venture a short-term hit and be more than pleased with a jump to .70 range.
Problem with GRAN is that it just doesn't trade enough for my taste, though a volume spike may give it a nice couple day jump up.
Don't see much improvement coming from CFW, though it may have a slight uptick in the near-term.
It looks to be settling in at this new lower range and will probably remain close to it until the next shoe falls off.
The delisting is imminent, so you've got that to look forward to and along with it a new low I'm sure.
I haven't followed the company, but it is clearly distressed, so until you can see some sort of positive developments reflected in their forward looking statements, then I'd only look at it for very quick In & Out hits.
If they don't turn it around, then they'll delist it all the way to the pinks and milk the stock for all its worth, while they get their bankruptcy filing in order.
LoL...okay, we'll call it Mahoney Baloney. Either way, the chart pretty much told the story and then looking over the message board confirmed things.
I have seen quite a few of this over the past 2 years or so, with these failing companies being delisted and stooping to they typical Pinksheet games we've all grown accustomed to being wary of.
Some are probably worth keeping on some list in your closet, to see when they're finally able to start turning things around. But most will just become diluted into oblivion and then simply file for bankruptcy and become sold off for bits and pieces.
Either way, charts like this are easy enough to spot, so trying to give others a heads up is the right thing to do.
Looks like it's run a series of Pump & Dumps over the past 6 months...lol
Would be interesting to go back and look to see who started talking about it on those short-lived spikes, which were immediately followed by another long down slide.
From the looks of it I'd not expect the trend to change, unless something legitimately significant has taken place. But that doesn't mean some flim-flam PR, or an inrush of sudden interest by some less than honorable or trustworthy voices on a message board...lol
And since its a pinksheet turd, I'm willing to bet there's NOTHING legitimate about NGBF, so if you're brave enough to try and catch a falling knife, make sure you don't try and hold the blade to long cuz the cut is likely to be deep.
Yea, but poor Andy's got a whole lot more ground to make up before he can even consider just contemplating breaking even...lol
But he may be able to tell us what might be going on, what say you Andy???
Volumes a bit to excessive for a typical Pump and Dump, at least at first glance.
I've not looked at it's board to see what unsavory elements may be commenting, but it looks like it may still have some play left in it if you wait for a dip.
Hard to say at this point, it would have been a nice momo play though, in and out.
I don't know what's going on, but both volume and PPS surged quickly.
CLRH +125%
was up 20% when I posted that, now its up 109% and still cruising
CLRH woke up, first time I've seen it actually moving up in a very long time.
Looks like she's really gonna roll
ACTC's been on a nice tear lately, to bad nobody stuck with it a while longer.
Though now it's probably reaching the upper range for this time around, but would have been a nice 300% gain for those who played.
ETNL is going to be like a rotten onion and with every layer peeled back, it will stink more and more...lol
However, there will always be some who simply ignore the facts and continue to tout ETNL management as if they are some sort of heroes, incapable of any wrongdoing and that it's all just some smear campaign...lol
Yes, there's quite a cast of con artists involved in the ETNL Debacle, but they are funny to watch.
I know, I know, an exercise in futility...lol
But that's me, I just can't stand seeing the inexperienced being fed upon like lambs led to slaughter. So I will continue to fight the fight, one way or another...lol
That's exactly right and exactly what some of us had been trying to tell others for quite some time. Of course you know how well that battle goes on boards such as the one here on IHUB, one's which have a well established presence by those perpetrating the crime.
The one's most easily damaged are the inexperienced traders, those who generally believe scams like ETNL, SPNG and all the others, just couldn't take place in our markets.
But scams like ETNL are conducted by a large supporting cast, from those directly involved in the scam, to those outliers who simply understand what's taking place and make money like leeches surviving off the host scam.
While the insiders and those actually conducting the scam are guilty, I think the supporting cast such as websites which tout scams like ETNL and those who work tirelessly on message boards are just as culpable and fully deserving the full wrath the law can inflict.
It's time to clean up this garbage and send all these con artists to jail in some other country!
We can only hope that scams like ETNL are some day prevented from occurring.
The problem lies in those who've chosen the path to Easy, or should I say Sleazy, Money is taken by those who care nothing about their fellow man and are only concerned in making a money at anyone's expense.
This is why we tried to start what we did, but the lure is VERY difficult for some to resist. And once you're willing to sacrifice a little bit of integrity to make a buck, then it becomes easier and easier to screw others over to make money.
To summarize recent one's...lmao
ETNL
Form 4 - Filing Date: 12/2/2010..........................Trans. Date...Code...Amount....A/D*...Price........shs left........*Add/Dispose
Popravsky Wallace Nicholas Jr...Common Stock...06/22/2010 .....G...... 1,850,001... D... $0.0058... 23,024,999
Popravsky Wallace Nicholas Jr...Common Stock...06/25/2010 .....S...... 1,790,999... D... $0.0051... 21,234,000
Popravsky Wallace Nicholas Jr...Common Stock...07/06/2010 .....G...... 4,000,000... D... $0.0051... 17,234,000
Popravsky Wallace Nicholas Jr...Common Stock...07/23/2010 .....G...... 4,650,001... D... $0.0051... 12,583,999
Popravsky Wallace Nicholas Jr...Common Stock...08/18/2010 .....S...... 1,825,500... D... $0.0050... 10,758,499
Popravsky Wallace Nicholas Jr...Common Stock...09/21/2010 .....P......... 140,000... A... $0.0032... 10,898,499
Form 4 - Filing Date: 12/2/2010..........................Trans. Date...Code...Amount....A/D*...Price........shs left........*Add/Dispose
Popravsky Wallace Nicholas Jr...Common Stock... 09/21/2010..... S......... 267,000... D... $0.0032... 10,631,499
Popravsky Wallace Nicholas Jr...Common Stock... 10/08/2010..... S......... 645,000... D... $0.0027...... 9,986,499
Popravsky Wallace Nicholas Jr...Common Stock... 11/05/2010..... S......... 679,000... D... $0.0016...... 9,307,499
Popravsky Wallace Nicholas Jr...Common Stock... 11/12/2010..... S...... 1,447,800... D... $0.0014...... 7,859,699
Popravsky Wallace Nicholas Jr...Common Stock... 11/24/2010..... S......... 750,750... D... $0.0010...... 7,108,949
Popravsky Wallace Nicholas Jr...Common Stock... 12/02/2010..... G*..... 4,734,004... D... $0.0010...... 2,374,945...*Gifted back to EI Treasury
Form 4 - Filing Date: 12/2/2010..........................Trans. Date...Code...Amount....A/D*...Price........shs left........*Add/Dispose
Mytych Clinton Roy...................Common Stock... 08/31/2010..... G...... 2,500,000... D... $0.0055... 35,014,406
Mytych Clinton Roy...................Common Stock... 10/29/2010..... S...... 7,103,797... D... $0.0039... 27,910,609
Form 4 - Filing Date: 12/2/2010..........................Trans. Date...Code...Amount....A/D*...Price........shs left........*Add/Dispose
Shatter Donna Marie..................Common Stock... 11/08/2010..... S...... 4,709,484... D... $0.0025... 41,263,766
Form 4 Transaction Codes:
P – Open market or private purchase of securities
S – Open market or private sale of securities
G – Bona fide gift
Hmmm.... bet those lower ETNL bids won't have much trouble getting filled now. Only thing to be worried about is whether you forgot some may have forgotten to Pull their orders.
Nibble Nibble Nibble...lol NOT
While I've not followed TDGI, I can certainly understand what your saying.
The fact is these message boards are littered with groups of people associated with the crooked arm of toxic financing that these stock selling schemes utilize.
With most of these schemes, it's all one big soiled family of con artists working in unison to con the inexperienced out of their money.
ETNL is bound to see legal repercussions from this sleazy move, they've clearly and blatantly mislead investors.
As for Emerald Assets, they'd be responsible for most of the die-hard "believers" found on the message boards IMO. I think they're clearly culpable in these attempts to purposely mislead investors while dumping stock, question is can it be proven.
It's these types of comments that really make you sit back in amazement, I mean just how blind can people be? The utter lack of objectivity, or willingness to honestly assess ETNL's situation makes you wonder if there wasn't some other sort of agenda at work.
We stated numerous times the Reverse Split was imminent and also that their PR's are not to be trusted, their track record has proven to be anything but reliable or honest.
As you can see some chose to ignore the neon light flashing warning sign, instead choosing to consider a Pinksheet Stock as some trustworthy entity, un-friggin-believable.
ETNL takes the cake, another 1 for 20 Reverse Split...ROFLMAO
And while it certainly isn't surprising, we've been saying they'd do exactly this, these scumbags filed without telling anyone.
What's worse though, the sleezy management team tried using two fluff PR's just days before quietly fling the Reverse Split in the middle of the night...lol
Icing on the cake though is that they again PR'd another lie about conducting a 5 million share buyback, all the while having no intention of doing anything of the sort.
In fact, not only did they not intend to conduct any sort of buyback, they were simply using the fluff PR's so the insiders could finish dumping their remaining stock while the ink on the Reverse Split paperwork was drying.
Man what a bunch of crooks
Just to help clarify some of what was posted in that ETNL Novel, this is what ETNL's Transfer Agent was involved in, both entertaining and enlightening...lol
Watching the ETNL scheme unfold is like watching a bad Magician, one that's lost an arm and only has 2 fingers on his remaining arm.
The casual observer or inexperienced trader may think there's actually something behind the Smoke & Mirrors, but those of us who've followed ETNL's fleecing of investors by the Key Stone Cops management team can predict exactly what's going to happen next.
The fact is, it's just more of the same and it seems that most everyone knows it.
What I mean is, we know they've milked/diluted the snot out of this since their last Reverse Split and nearly maxed out the AS/OS and are fast approaching a Critical Mass Point where they'll either have to Reverse Split again or increase the AS into the billions.
Either way it's not going to go well for shareholders, or those unaware of the stock selling scheme in play.
Now, let's take a look at what's transpired lately, we'll all have a good laugh...lol
1) We know the AS/OS is about maxed out FACT
2) We know they have considerable debt coming due in December FACT
3) We know they have approximately $1K in the bank, no help for the debt coming due FACT
4) We know that ETNL issues unregistered stock to a guy implicated in the infamous USXP (Universal Express) scam for illegally dealing in unregistered securities (Thx CD) FACT
5) We know that their Transfer Agent, Jason Freeman, has a suspicious history of being up to his neck in the Racetrack Girls venture and the Dallas-based penny stock network dubbed the "shell creation group," a massive scheme to fabricate corporate records, manipulate stock prices, dump millions of shares on average Joe investors and funnel the profits to offshore trusts (http://www.dentonrc.com/sharedcontent/dws/news/longterm/stories/111907dnmetnascarday2.2555b61.html) FACT
6) We know that sales are abysmal and no where near capable of keeping them operating much longer FACT
7) We know they were Flat Out Rejected on their loan request, if not laughed out of the lending institutionFACT
Now, as Paul Harvey would say, For the Rest of the Story...lol
Given all we KNOW, let's delve a bit further and take into consideration their historical propensity to work in unison with some nefarious elements who just happen to be in the so-called business of Stock Promotion. These would be some of the same fine upstanding individuals who managed to work out those wonderful Cash for Stock loans to the company, as such ludicrous exchange rates for mere peanuts.
So let's try and put this all together, given where we're at now. Seeing that ETNL is so close to it's Critical Mass Point and given their historical propensity to fleece shareholders, so that they and their "business partners" can profit through the sale of stock, just what do you think the next page in this saga may be?
I'll tell ya what my limited experience (<--inject extreme sarcasm here) tells me. It tells me that it's likely ETNL will make a final attempt to milk the investing community one last time, before the next Rinse & Repeat Cycle is initiated, pulling the rug out yet again and creating a fresh new batch of bag holders scratching their heads wondering what happened.
Now let's consider how some continue to praise the bumbling management team no matter how poorly they perform, or how badly they shaft investors. There has always been a core group of so-called supporters, whose constant presence and undying support has remained steadfast, regardless of how badly management performs and how adept they've become at squandering shareholder value.
This complete lack of objectivity and unwillingness to face reality, no matter how obvious it becomes, is a very telling sign in itself. We even heard one state that their entire purpose is to help make the stock run so they can make money off trading the stock, which indicates they have no concern with reality. These same types of traders, all the while attempting to portray themselves as some sort of long loyal shareholder, are merely looking to benefit at the expense of others, much like ETNL management and their so-called business partners (stock promoters/financiers).
In conclusion, we know ETNL is reaching the end of this chapter. I suspect (know) these recent PR's are their final effort to assist their promoters and financiers in unloading the bulk of their remaining stock prior to the Reverse Split or drastic AS Increase. This is why we're starting to experience some Emerald Asset associates starting to comment favorably on the various message boards. Their arrival is indicative of this final Pump & Dump scheme and the recent PR's support this fact, so it all really ties in together and makes our logical assumption correct.
Where's that leave us??? Emerald Assets has already arrived and is making a concerted effort into one last Pump & Dump, so they and others can unload their remaining stock. And when all is said and done, we will once AGAIN here the same dishonest voices telling us how the next Reverse Split will be great for shareholder value and how excited they are about the future of ETNL or whatever it will be called this time.
Stay Tuned!!!!
I know you do, we've all learned the hard way, which is why we've always been about trying to enlighten those who haven't. But that's because most of us were honest, possessing that moral and ethical behavior that sooooooooo many seem to lack.
And here's a glimpse into what ETNL's message board is all about. I actually think it was posted by accident because its not often you'll see them enlighten readers with such clarity.
This would be why some seem oblivious to reality, choosing to disregard every shady element behind so-called companies like ETNL.
No matter how inept management is, no matter how terribly they shaft investors on a regular basis, no matter how many times they've PR'd things that never came to fruition or even had a chance of happening, they continue with their Blind Faith and glowing reviews of management.
If what they were doing wasn't so harmful to inexperienced investors, it would be laughable.
But we know this isn't the case and there's simply nothing funny about it.
Oh yea, there's no shortage of them in these crooked markets and no shortage of scumbags who take advantage of it too.
You'd really think the SEC would have cracked down a lot harder on this nonsense by now, especially since the economy has fallen apart.
I really think that what's wrong with the markets, is part of what's been fundamentally wrong with America for a while.
What I mean is that anything having to do with money is almost always corrupted at some point, because there is ALWAYS some lazy scumbag willing to screw anyone and everyone just to make a buck.
There has been a break down in morality and ethics within our country and especially in our capital markets, which creates a breeding ground for scumbags and con artists to perpetuate the stock selling schemes.
ETNL is just a minnow in an ocean of scams, but the problem lies in their ability to even be able to get away with such nonsense at the public's expense.
And of course with these types of scams comes the leeches who attach themselves to the Host scam, feeding off the $$$ they can milk out of the scheme for themselves. Those are the one's you find littering the message boards with hype day in and day out, sending out the spam emails or alerts and all the other garbage they try and pull, hoping to screw over Joe Inexperience and make a few bucks off his back.
There is simply something fundamentally wrong with these types of people, how they manage to live with themselves is beyond me. As far as I'm concerned, they should be sent to a communist country and prevented from breeding, there's just no reason they should be allowed to further pollute the world with their offspring.
Amen and regardless of the promotional posters who clutter the message boards, ETNL's been exposed so many times now, its just not funny anymore...lol
They've surrounded themselves with the crookedest scam artists found in these markets and they wonder why nobody believes a word they say anymore.
The guy running their TA faced criminal fraud charges, or something like that, having to do with selling unregistered shares of stock to some overseas entity and simply claimed he didn't know what was going on...lmao
Their Emerald Assets rep was brought up on charges for stock fraud by the SEC back in 2009 I think.
And all these clowns are on the outer fringes of the so-called company, yet they seem buried deep in the middle of the whole scam play and clearly play an integral part in how the scheme's been orchestrated.
Unfortunately they just weren't nearly as smart as the scam artists who pulled the Spongetech scam, they simply never could get enough backing to accomplish what Spongetech did.
I wouldn't sweat it to much, the ETNL scam is about completely exposed at this point...lol
It's funny how some who were sooooo sure it was legitimate have ceased sponsoring it...lol
Unfortunately, I'm sure their efforts must have been responsible for at least one or two investors getting sucked into the whole ETNL debacle.
And now that the Shady Transfer Agent has been exposed, it's become clearly evident that the share structure is not what they've been portraying and that there will be a VERY rude surprise coming soon.
Personally I don't think they'll ever give up the cash cow, they'll simply change the symbol and re-spin the story to continue the charade with a different angle.
But with all we know and having watched it trade, everyone knows that the other shoe will drop off by the end of December 2010.
But I'm guessing there will be at least one more Pump & Dump attempted soon and from some starting to cover it now, it may be this week. I'd also be willing to bet that those conducting it will know that the stock is fully diluted and the RS or AS increase is imminent, meaning the Pump & Dump will be conducted in this brief time-span when no new shares can hit the market.
You'll know when it starts, it will race to the Top of the 10 Most Active Boards with endless Cut & Paste posts which contain snippets of information taken off some tout sheet.
However, this will likely be a VERY brief window of opportunity to play the stock. In fact, if your not already in, then it's already to risky IMO. If they can get some interest generated, they may be able to get it to .0025 range, but you can be sure it will fall back faster than it rose and then the Reverse Split or AS Increase will immediately follow.
And then all the new bagholders will be left wondering what the heck just happened...lol
Andy, SS, changed my email address, its same as before except @triad.rr.com
Drop me a note so I can add you to my contact list
ETNL .0009 ROFLMAO
Well the only thing I'm surprised about is that it took this long for them to finally dump it to the trips.
And yet those cheer leaders continue to squawk on and on about how wonderful things are, how the Game Changing event is just around the corner...lol
Unfortunately, everyone knows that the whole ETNL scheme is just plain nonsense and those who keep trying to paint a rosy picture, in light of a failed long standing Pump & Dump program, just look more and more ridiculous each and every day.
You can be sure that with today's 10M dump, so far that is, that the next Reverse Split will likely hit before the start of 2011, especially since they have some substantial notes coming due in December and only around $1K in the bank (if that anymore).
They kept trying to cling desperately to the whole Matthews association, but it was based on a completely worthless LOU.
Someone even went as far as making some hokey looking brochures up, to help prove that Matthews acknowledges El, but they were soooo cheesy that most people just laughed when they saw them...lol
Things really got obnoxiously funny when some of the Truthers started getting threatened with legal action on the message boards. The real funny part was that El couldn't even afford legal representation, more or less take someone else to court...lol
Not to mention the fact that they'd be forced to open up their cleverly crafted so-called audited books and everyone knew they'd NEVER want people to see what has actually been taking place...lmao
Don't get me wrong, I feel bad for those who made the mistake of listening to the con artists and trusted El management. But it's because of those very people that I and a few others felt it necessary to put an end to the ridiculous cheer leading.
All ya can really say is "I told ya so" lol
Hey Larry, thanks for the PM. No, there was nothing specific that had been posted that warranted such action, but it's not all that surprising.
What's surprising is that most of those others are regularly far more deserving of such actions, they are just blatantly rude in their attacks.
You could try, but I doubt it would make any difference. What they did was likely due to my past, because it certainly wasn't due to anything I said.
Anyways, keep fighting the good fight, I'm certain we've prevented a few from getting conned out of their money. And from the looks of things, it's gonna get uglier very soon and likely break below that .0010 mark.
Not really sure Larry, though I suspect it's likely just because we've been right all along and it's simply pissing some people off...lol
Most just don't appreciate having their scam exposed and we know that ETNL is about to take another big dump here pretty soon. I'm surprised it's not at .0010 yet, but it should be much longer and there certainly isn't any support there, so it likely will just hesitate there briefly, before dropping to the low trips.
My posts certainly weren't the personal attacks we've seen from the cheer leaders, but those types always held to a different standard.
Nice jump
Anyone who's looked over their so-called financials would clearly notice some very creative accounting techniques...lol
And yes, I think companies can be held liable for STUPIDITY, especially when so-called company officers are personally benefiting from the STUPIDITY of their so-called "Loans."
I consider those types of STUPID loans simply a deceptive way to dilute by trading ridiculous amounts stock for minimal amounts of cash. Either way, it clearly demonstrates a complete lack of concern for shareholder value, only seeming to focus on getting some chump change in their greedy hands at the expense of investors.
And with the way the SEC is starting to aggressively seek out various stock selling frauds and holding company officials accountable for purposely misleading investors through fluffy PR's that were used to assist in the sale of stock by company officials or associated third parties, well just sayin....lol