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Such a pump and dump.
Over a million shares traded yesterday without an overall increase in PPS. This morning, $330 in trades for 100,000 shares and the stock is up exactly 10%. All with no news, and the company telling people in their SEC filings that they are in dire shape.
Do your due diligence folks. Don't get caught up in the pump and dump.
Pump and Dump is on again.
Up 33% this morning on a trade of 25000 shares. That amounts to $10 in trades, folks.
This is nothing but a pump and dump. Do not get fooled by the bid and the ask, those are parts of the scam being played here. A trade here is like throwing money into the toilet.
It's still a pump and dump.
Not a popularity contest, I don't care who follows or does not follow me. The reality is that this is a pump and dump. The company's own SEC filings report that they have no money, no prospects, may not be able to continue into the future, which means that any common shareholders will be left holding the bag.
Do you have any valid, verifiable reason(s) why someone should purchase the stock? That is, other than to be a participant in the pump and dump?
Well good for you. It's still a pump and dump.
Just a pump and dump.
Typical pumper methods. Nothing good to say about the company, so you attack the person with the credibility. Keep your eyes on the prize. This company has nothing happening, it's just fodder for scammers trying to pump and dump, stealing money from the nubes.
Nothing but a pump and dump.
Just like the last time we had this discussion and you had nothing but pumping hype. There is nothing behind this stock but a scammer or two trying to sucker in some unwitting nubes.
Pump and Dump
Look at the gap between the bid and the ask. The pumpers have bid up the price, but now there's nobody for the nubes to sell to without losing money.
Pump and Dump, Pump and Dump, Pump and Dump
Some people never learn.
It's an obvious pump and dump.
One sure sign-big volume one day, zero volume the next. No news, no reason for the increase, just a bunch of scammers trying to steal your money.
Don't take my word for it. Check out what Beeston has to say in their latest SEC filing from May 16. "Our company intends to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the next twelve months. The ability of our company to emerge from the development stage is dependent upon, among other things, obtaining additional financing to continue operations, and development of its business plan. These factors, among others, raise substantial doubt about our company's ability to continue as a going concern." That is their information issued by them in a US government mandated filing. You can read it yourself.
I'm plenty relaxed. I have not artificially pumped up the price of this stock, so I have nothing to lose. You, on the other hand...
Too bad the bid is only .0044, which is lower than the opening. I can ask as much as I want, if nobody bids that high there is no sale. Investing 101.
Too bad the counter on the 'website' shows that time has expired, meaning that the website should have launched already. Duh!!!
Checked out the hosting portal for this 'website'. Anyone can get a website for 3 months @ $4.59/month. Not much to help pull off a pump and dump on innocent nubes.
It's a pump and dump.
And previous to May 20 you had no postings on BESE, so what is your point? Most of your postings today have been in response to mine, so you must be worried about something. You have no credibility at all.
Here is another nugget from BESE's Annual Report, file with the SEC on April 2. "We currently have no employees, but have and will continue to engage independent consultants on a part time basis. There are outside consultants that have been engaged for administrative duties and industry specialties. There is one director in the company, Michael Upham, who spends approximately 20 hours per month on various company activities." So, no employees, consultants that cost money, and a director that only spends about 20 hours a month caring for his company. That's an average of 4.6 hours a month.
Here is a challenge-prove it's not a pump and dump. Not with hype, but with a few facts.
;)
No, can't do it?
:(
It's a pump and dump.
No bid from me, I know better. Here is another quote directly from BESE's May 16 SEC filing-"We had cash of $1,343 as of March 31, 2012 as compared to cash of $241 as of December 31, 2011."
Now, I'm no superstar, but I believe a company that has about a thousand dollars on hand is not a good candidate from me to blindly throw money at.
Other than hype and false bravado, do you have anything to say about good news for this company, which, by the way, said on May 16 that there was no news forthcoming? No, I didn't think so. Just a pump and dump.
This is nothing but a pump and dump.
Here's a quote from the May 16 BESE SEC filing, under the section "Going Concern". This is BESE's info, not mine-it can be verified by reading their SEC filing from May 16.
Due to our limited amount of capital, recurring losses, negative cash flows from operations and our ability to pay outstanding liabilities, our independent auditors stated in their report for the fiscal year ended December 31, 2011, that there is substantial doubt about our ability to continue as a going concern.
It's a pump and dump folks, nothing more.
It's going to skyrocket because you have multiple ID's? That is what you are claiming?
Typical pump & dump BS from a pumper. Skyrocket on what news? That the May 16 SEC filing shows just how bad this company is?
Ironic that 3.2 million shares traded last Friday, then suddenly the pumpers show up on Monday. With no news, it can only mean a pump and dump. Look at the message board postings from the past 3 or 4 years, this bit has been played before.
How could you possibly think that I was pumping this stock? What have I posted that comes off as hyping this turd?
Not bashing, not pumping. Just telling folks to beware of crooks that suddenly show up on a message board pumping a stock. Also telling them to do their own due diligence.
Hmmm, looks like you have multiple id's-looks like a boiler room P&D.
A trade is a trade today. However, tomorrow is a dump by the crooks. There is no news, BESE says as much in their SEC filings. Nothing but a pump and dump.
Speaking of the 5-year chart, look back at the older messages, like from December of 2009. You can see that there was a move to hype a connection between BESE and USAU that would supposedly vault both stocks in to the stratosphere. Problem was, USAU was also a pump and dump. A mook by the name of John Perez was president of USAU and also a spokesman for BESE (look it up, it's in the old SEC filings fro BESE). To bad the feds delisted USAU during the time that Perez et al were pumping the crap out of that stock and by inference BESE. All a bunch of lies by a bunch f crooks that want to steal your money.
Yeah, good luck with that. The problem in the pump and dump is that the price goes way up prompting folks to buy, then they cannot sell because nobody wants a stock with no prospects. Look at the historic prices for this stock. Day after day there a zero shares sold, then suddenly a few hundred thousand or a few million. Problem is, there is not news. The marks get sucked inn, then lose their shirts when they cannot sell at a higher price.
Do not take my work or anyone else's. Do your own due diligence. Do not trust anyone on an internet chat board.
BESE has made a bunch of moves from this low-every time the thieves have tried the pump and dump. Google 'pump and dump', then sit back and watch what happens here for then next few weeks. There is no verifiable news, only the hyping by some character who is supposedly 'in the know'. Too bad BESE's most recent SEC filings do not support what the hypers are pumping.
Do your own due diligence. Confirm everything somewhere besides a message board.
Well, that's a lie that can be easily disproved. just look at the historic prices for BESE and you will see that pretty much on a monthly basis this stock has made huge gains on small trades, only to have the bottom fall out a few days later. it's a classic pump and dump where the marks get suckered in to what they see as a huge price gain and 'supposed news' that cannot be confirmed by anyone other than the hyping poster. Do not let these folks steal your money.
Do not take my word for it, do your own due diligence. Read BESE's latest SEC filing-it's not to understand. You will see that the company admits that it really has nothing going at this time.
Too bad it's nothing more than a pump and dump. A supposed website that is 'under construction'? pulease. Look at the latest SEC release. The company admits it cannot get out of its own way. They have no money, no prospects. The only thing that is happening here is a bunch of crooks trying to steal money from innocent nubes with the continued hashing of the pump and dump.
Do not take my word or anyone else's. Do your own due diligence. Look for independent confirmation from a source other than someone with multiple accounts on a chat board.
The pump has begun again. Dump to follow.
Up over 100% today on a few thousand dollars and no news. Pretty pathetic and easy to see through for anyone but a noob.
A run based on what? All I see is the potential for manipulation. Other than your unfettered glee, why should we own this stock, Bob? What does your analysis tell us?
Well, maybe Lithium (nee Mariposa) saw their fortune as coming from somewhere else.
http://finance.yahoo.com/news/Lithium-Corporation-Announces-bw-135541480.html?x=0&.v=1
Maybe there's a reason they gave up on BESE's claims. Then again, it might be the same reason that every company has given up on BESE's claims.
Review the just-released Beeston annual report. Pretty much everything they say is that this company at this time has absolutely no hope. From the CEO whose last best job was with Playtex Canada, to the failed deals with other companies, to the 2010 net loss of $953,000, everything written by Beeston and it's auditors tell us to stay as far away as possible. There is nothing in this report that points to a legitimate increase in share value.
At the same time the share price has been steadily rising on very low volume. It's incredibly obvious that the stock price is being manipulated in a pump and dump. Anybody that thinks differently, please do your best to convince me with facts.
With $200 in trades today generating a 25% increase in the PPS, it's pretty solid that the same old pump and dump scam is working here. Just another case of painting the tape to impress the marks.
With 1,053,000,000 shares outstanding and profit of $534,000, they returned $.0005/share. Whoopee!!
Found this tidbit in the BESE 10-Q dated 11-22-10. USAU is issuing shares to BESE at $0.001/share. BESE also states that one John Perez is still the corporate PR guy. Not bad since BESE hasn't put out any PR except the pump and dump since perez took on the assignment.
So, BESE gets shares from a delisted company whose president, perez, took the company into delisting, and he's still working for BESE. This is like making love to your sister while your parents watch and applaud. What a bunch of freaks.
As of September 24, 2010, USA Uranium Corp ("USAU") was in default of its exploration work requirement under its option agreement with Beeston. Subsequent to the default, the company entered in discussions with USAU regarding its default as well as its inability to cover the on-going property maintenance costs as required under its option agreement with Beeston and what efforts or other consideration, if any, USAU was willing to undertake or provide as a result thereof. On October 26, 2010 the Company and USAU entered into an agreement pursuant to which the parties agreed to the issue of shares of the common stock of USUA to Beeston in satisfaction and settlement of the default and the
outstanding debt. USAU is to issue 26, 956,120 common shares in satisfaction of the exploration work for which it was in default and a further 23,043,880 common shares in settlement of its outstanding debt for the payment of on-going property maintenance payments made on its behalf by Beeston. The parties also agreed to reduce the number of mining claims covered by the option agreement between them in consideration of USAU agreeing to issue 75,000,000 common shares to Beeston.
BESE had a comprehensive loss of $1,013,750 in the six months that ended on June 30, 2010, per the 10-Q dated 8/23/10. They also have $113,000 of long term debt maturing in 2013.
Add to that they teamed up with USAU in a partnership that failed when USAU's stock was delisted. BESE has written off the value of the USAU stock.
These are some of the lowlights of this company. Unfortunately I don't see any highlights.
Go ahead Dappy, check it out. All of the info can be verified in the 10-Q file with the SEC. No innuendo, nothing made up, just facts that can be verified.
So tell me why you believe in this company. What does it have going for it? As you say, you're a shareholder. As you say, you think I am a basher. I've posted facts why this is not a good buy. How about having the courage of your convictions and tell us why you think BESE will do well?
Remember, saying 'do your own research' does not work, as I have done mine and I think this stinks of a pump and dump.
Whatever, dude. It's not a grammar test. However, you promote a stock without being able to support why you promote it, then throw slander and invective at those who disagree, without being able to spell correctly. You seem incapable of stringing logical thoughts together. You're a mess.
With all that going against you, tell us again why we should buy this stock.
It's only running because it's a pump and dump.
Is this a pump and dump from Nigeria?
Kinda looks that way based on your inability to spell the simplest words, capitalize where appropriate, and use proper grammar. Still waiting for you to tell me succinctly why this is not a pump and dump.
Guess all you have going is to demean your opponent. Dappy, don't you understand that method only makes you look weaker while reinforcing my stance that this is a pump and dump? Even a weak attempt at supporting your side is better than this.
Here's another tidbit. That BESE 10-Q from 8/23/10 states that the company is writing off their stock in USAU, because that company is recently delisted. So, they have nothing going on, and the stock they hold in another company is written off as a poor investment, negatively affecting the bottom line. Please tell me again why you believe in this company.
Go away to allow the pump and dump? Uh,uh. No thanks Dappy.
I've posted a lot of info showing why this can only be a pump and dump to steal investors' money. How about if you post info showing why it is a good investment, instead of pleading like a little girl for me to go away? Remember, just telling me to go away will not work.
Is that the best you can do?
Hotpocket, you are completely clueless and a liar.
The news I quoted was from the latest BESE SEC filing. Anybody can go to the SEC website, enter BESE and read the filing for 8/23/10. Or, you can just go to this site to get the latest market cap. At the end of today it was $473,000.
Now, I know you don't know what the market cap means, so I'll enlighten you. The market cap is the total number of outstanding shares multiplied by the price per share. If the company converted $30,000,000 of debt to common shares, the market cap would be somewhere around $30 million. The fact that the market cap is 1.5% of that alleged $30,000,000, plus the fact that this company never had $30,000,000 in debt, plus the fact that you continue to promote that charade kinda means you are a liar.
Add to that the fact that there are only 94,7773,093 outstanding shares, and that really drives home the point that you are a clueles liar. In addition, if any intelligent lender was trading debt for shares, it certainly would not be common shares, it would be preferred shares. Preferred shares get paid off before any common shares in the event of a bankruptcy, meaning the chance to get back some of the investment would be better with preferred shares.
Off-topic, did you see the New York news today? The Feds rolled up a group of longshoremen who were using a heroin smuggling ring to fuel a penny stock pump and dump. They bilked unwitting stockholders out of $7 million while raking in $3 million for themselves. Guess that money will buy a lot of cigarettes in jail. Did you know any of those guys?
Hotpocket, you are completely incorrect.
I did my homework. BESE did not convert $30 million in debt to common shares. Check out the 10Q dated 8/23/10. Note 11 states that they had a private placement of 30,000,000 shares @$0.005USD. That's a whole lotta difference from what you are spewing. OK, I'll do the math for you-they gained $150,000 in the transaction.
If you had done any homework at all you would see that the market cap for this company is only $436,000, about 1.5% of your so-called $30,000,000 conversion. As information, if the company had converted $30,000,000 in debt to common shares, at a market cap of $435,000 the company would have lost 98.5% of its value based on the conversion alone. I'm not sure anyone would want to buy this stock if that was the case.
In the future, know the facts if you are going to attempt to use them. Making stuff up only points out that you have no idea what you are talking about, yet here you are trying to get people to throw their money at this stock. Peace out.