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...lol!...this ongoing share-selling scam...
...has now morphed into a "custom rod components, high-end fishing reel" company...
...too funny!...
...today is a day for SELLING, my friends...
...not BUYING!...
...someone is selling his shares to you and laughing all the way to the bank!...
...see ya at trip zeroes in a coupla months!...IF that long!...Duke...
...am I sensing the presence of desperation here...
...at IHUB PSPW?...Duke...
...any news today, folks?...
...rook?...
...spdon?...
...Bueller?...
...Hany?...
...Toba?...
...Bueller?...
...Teslin?...
...still appears to be an aura of scam enveloping this company...
...but hey, what do I know?...Duke...
...(laughing out loud)...
...now the board's proxy has a proxy???...
...red flag # ???...
...where were we again???...
...caution to newbies : you have entered a high risk zone...Duke...
...everybody make it through the hurricane alright?...
...looking forward to the markets reopening tomorrow...
...God bless...Duke...
...Good afternoon all...off to a great start...already 48,211 shares traded!...and + 6%!!!...
...looks like we're on our way!...
...$5 by Christmas certainly looks doable...which year, I'm not certain...
...just to be clear, "Windchime"...I would not be caught dead living in Washington D.C...where you're more likely to wind up "dead" due to violence that exists there ; higher than in 95%+ of the U.S.'s cities...
...the only people who take up residence there are politicians, some of whom are corrupt (Dumbocrats), and leeches who live on the government dole (our taxes) and prey on innocent civilians and tourists (I carry my Glock 19 to even the playing field when I visit there)...and, yes, I agree!...lotsa them do not get along with anyone...
...Me?...I'm a people person who worked law enforcement for the better part of five decades in New York putting criminals where they belong (whether it be a prison or a grave) and making more friends than most penny stock frauds have followers...I'm retired, but certainly not "bored"...I have young children that keep me on my toes...and my own business...
...and I made my modest fortune investing in real estate during the 1980's when many of you were children...or perhaps not even born ; and by investing in real companies such as : IBM (since the '70's), upstarts Microsoft, Apple, Cisco, JDS Uniphase, Broadcom, Nvidia and Qualcomm (among others) during the tech boom ; and later Google (with initial acquisitions below $120), Priceline, Intuitive Surgical, Netflix and Whole Foods, among others...
...not by gambling in "sure thing", "game changing", "once-in-a-lifetime opportunity" penny stocks like PSPW...these stocks fail more than 90% of the time...
...I now live in Defense country far enough from the greed of D.C. in a thriving community where "investing" in pennystocks does not buy one a home, but near enough to intellectually-satisfying society...
...D.C. is for sightseeing and culture...and Georgetown for dining and entertainment...it's that simple...
...with regard to PSPW, there are two glaring recent indications of waning interest : Price (near a 4-year low), volume (obviously) and IHUB board posts :...
...between January 26, 2011 and March 23, 2012 (just to pick a point in time), this board averaged 123 posts / day...
...since March 23, 2012 the board has averaged 29 posts / day, and more specifically (and recently) less than 16 posts / day over the past seven days...
...that tells me alot, as it appears that there are (or, perhaps were) dozens of posters here who have (or, perhaps had) substantial holdings...
...have any of you noticed the obvious correlation of dozens of posters no longer posting and and a severely declining shareprice...
...think about it!...
...and for wakl...if you have performed the requisite DD that you have claimed to, yet have not noticed the glaring red flags accompanying this company and its stock, then I'm afraid that regardless of what evidence I could present, you would simply be incapable of objectively assimilating it...Duke...
...no news from your leader today?...
...smells bad here...REAL bad...scam bad...
...looks like alot of decent folks are gonna lose a lot more money here...
...on the greys...where you stays...Duke...
...wow!!!...up 31% on "heavy" volume!...
...I have no idea how folks are gonna be able to sell the stock of this overhyped company once bad news hits...it's inevitable, ya know...
...nobody's coming within 10' of this "gahbage"...
...oh well!...Georgetown is lovely this time of year...now back to lunch...Duke...
...PSPW $0.08 (-$0.025 / -23.81%) Vol. = 300!!!...
...I guess the "halt" has been lifted?...
...still doesn't appear as if anyone is interested in buying this dog...Duke...
...another day of no trades!...
...has anyone solved the mystery of how you folks are gonna sell your shares when noone is buying?...
...How perplexing!...Duke...
...Wow!...zero volume again!!!...
...I don't know which is worse, having zero volume because you're halted or having zero volume because no one's interested in buying this red flagged POS???...Duke...
...has this potential scam...
...finally been halted???...Duke...
...is this scam still trading???...
...looks as if alot more people will be getting sucked into this money-losing hole as long as it is allowed to trade...
...what a con man this guy is!!!...
...thank God people with solid DD credentials are here spreading the word and warning newbies...
...for those already in and underwater, it will likely get much worse!...Duke...
...others from the Den?...
...some of his lieutenants?...
...I don't think the monkeyman was very keen on sharing his ill-gotten windfalls with professional promo companies or "awareness" campaigns...
...cheaper to hire the Den's day laborers here at IHUB who were registered as IRP's...
...I can think of a few off the top of my head...
...still shake my head at how many apparently intelligent people did not see through the Monk's scams...
...if nothing else deterred them from financially ruining themselves, the fact that well-known and well-respected posters, especially those from here at "DD" were showing up on a daily basis should have caused them to pause and think...
...it's difficult to feel sympathy to those about to be destroyed when they flip the bird to others who make salient points about naked shorting and possible criminal behavior...
...anyway, I hope that Jerry and each and every one of his co-horts involved gets what they've got coming...prison time...Duke...
...I am so glad that I was able to...
...sell the 17,000 shares I bought on Friday for a 36% gain today!!!...
...(I wonder which one of you guys sold the other 673 shares?...well, whover, nice job)!
...this investing thing is soooooooo easy!!!...Duke...
...btw, this dog is heading for sub-penny soon...VERY soon!!!...
...watch and learn!...
...ahhhhhhh!...beautiful Sunday evening here in the D.C area!...
...warm, gentle breeze blowing...feels like Indian Summer...
...unfortunately, here at GTGP there is STILL the unmistakable odor of scam in the air...
...or is it the basement toilet???...Duke...
...am this a scam?...
...sure smells like one...Duke...
...GTGP also???...
...this one just might be sub-penny before the other one...
...regardless, it's unquestionably headed there in a handbasket!...
...Wow!...just WOW!!!...Duke...
..well at least "Hany" didn't have the shameless audacity...
...to blame "shorty" once again...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79499331
...nice to see he reads my posts...
...but I would be embarrassed to send that email out, and I'm fairly certain that you were embarrassed to post it, especially after what he basically promised you three weeks ago...
...btw, "Hany"...it's (it is) not "it's" when used as a possessive for "it"...
..."declination"?...I'll give you a pass there...
...seriously tho, this supposed IR man, who recently allegedly proclaimed : "Shorters are shooting themselves in their foot"!!
does not appear to have the required minimum qualifications to update the menu at McDonald's, never mind representing an alleged legitimate corporation...
...after all, this is the person that the public is SUPPOSED to have access to...who gives voice to the company...I mean, in the realm of legitimate companies, of course...
...anywho, I see that a "rally" is under way...let me go grab a coupla dozen before it reaches $0.08...Duke...
...(laughing out loud)...already above the 10-day average volume wise (at 11:00)...
...PSPW $0.07 (-$0.019 / -21.35%)...
...this is what happens to a stock when folks begin to lose faith in and patience for it...
...not only has there been no news, but the ex-CEO himself has come here to represent your combined hopes and fears to current management...
...and he has been utterly and resoundingly ignored!...
...in addition, I believe that some sober-minded people here are beginning to believe that allegedly restricted shares are being dumped here...
...or perhaps printed to pay for...???...
...new 52-week low as we speak...
...closer to sub-penny today than
yesterday...
...the stench is still here, folks...
...only at substantially reduced prices...
...GLTY all...Duke...
...new 52-week low here today...
...lotsa posters e-mailing here, there and everywhere...
...and getting either NO response or insufficient response...
...nothing from the company or ex-CEO?...
...I wonder what it takes to make people go hmmmmmmmm?...
...red flags abounding and the distinct smell of scam in the air...
..sub-penny appears imminent here...but what do I know???...
...glad I don't have MY family's future invested here...Duke...
..."Toba"...as cynical as I can be, I must say that even I am surprised...
...by the company's lack of response to ANY shareholder, never mind the company's former CEO...not even a computer-generated acknowledgement!...I always got the impression the "rookie" received email replies within a relatively short time frame...this is five (5) days now?...
...do you, in general have a positive relationship with the company's administration?...would you consider any of them to be "casual acquaintances"..."friends"?...folks who would trust you?...
...'tho following this company only casually and from a distance, there appears to be alot going on with this company that does not pass the "sniff test"...
...and, to be quite frank, the entire scenario of your sudden appearance here a few weeks ago and your eager offer to be the shareholder's mouthpiece still does not sit right with me...
...but, I have no skin in this PSPW game, so trusting you wouldn't cost me a penny...
...there appears to be alot of decent people here holding on to hope...and they do not deserve to be treated this way by THEIR company...I hope they can obtain the information they need to make an INFORMED, OBJECTIVE decision whether or not to hold or to buy more...you are all entitled to that basic courtesy!...
...I've noticed alot of questionable companies in the few years that I've followed IHUB which have exhibited the type of "red flag" behavior that PSPW has been showing for the past year or so...and its ended badly for the shareholders in most cases...I can see that happening here...
...so, until I see proof positive that this is not the case, I'm gonna keep PSPW on my "scam alert" list...have a great weekend...Duke...
...p.s...with regards to those here who have stated that the company should not be "pestered" or questioned because it might "piss them off"...I say bulldrip!...this is what scammy companies want...not to have to answer the tough questions as they print shares on a weekly basis...I urge each and everyone to contact the company requesting info on a regular basis until YOU get the needed information to help you decide whether your hard-earned money is in the proper hands!!!...
...p.p.s....and NONSENSE I say to "Schekin" in above post #57970!...what professional company doesn't even acknowledge receipt of a shareholder's inquiry?...ESPECIALLY the ex-Boss!!!...if I had a minimum of, say $25,000 invested in a questionable company such as PSPW, they'd hear from me every chance I got to give it to them...they'd know everything they would need to know about me...they would know where I stand on every matter of import to me...it would be burned into their psyche!...
...I did not notice the breakdown of Kid Rock's "American Badass Beer" sales anywhere...
...can someone point me toward them?...
...anyone?...
...American Badass Beer sales?...
...anyone?...
...anyone know the sales numbers?...
..Bueller?...anyone?...Duke...
...well, they could always detour to the Apple store and purchase a few Cascadia Investments (CDIV) apps!...they're sold there, ya know! ...Duke...
...hmmmm...Do you suppose this action might delay the grand opening of the company's flagship store at the Limegrove Lifestyle Centre?...Duke...
...hi "rook"...
...I hope that you take the latest short information (468) to heart and look elsewhere for reasons for PSPW's ongoing SP decline...such as dilution...
...credibility can make or break a person, whether it's bold but illogical statements of "short attacks" or announcements of e-mails from sources claiming "imminent news" (which invariably do not pan out)...
...you apparently have "invested" in a company which has little regard for its shareholders...some might say that it resembles a typical OTC scam...I know I do!...
...I strongly urge you to be diligent in your research on OTC stocks such as PSPW, and to be honest and forthright with your opinion, as others out there might be looking to you, a mainstay here on IHUB PSPW for objective and honest assessment...Duke...
...3Power Energy Group Inc. (PSPW) : $0.125 (-$0.0819/-39.58%)...
...only in the bizarro world of the OTC can a poster allegedly receive e-mails from someone (IR)??? named Hany Salem who allegedly represents the poster's favorite company, which begins by stating that : "Shorters are shooting themselves in their foot"!!!...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79499331
...clearly the type of professional ANY legitimate company would LOVE to have representing them...lol!!!...
...but, of course, that was not the main gist of the alleged e-mail...
...attempting to fend off a devastatingly horrendous slump resulting from producing zero revenues combined with opaque management, which finds PSPW down more than 95% from its May 2011 high, a poster miraculously receives a mysterious e-mail from the afore-mentioned Haney which unceremoniously (and childishly) states the afore-mentioned remark about "shorters"!!!...(yes, he ACTUALLY mentioned "shorters", as if he TRULY believed anyone would take him seriously)...
...but WAIT!!!...there was MORE!!!...and here it is!...:
"The company is working on the special edition very hard.
It will include some key financials and projections on the Albania project.
It will have to be reviewed by the company's legal council as well.
I believe that it will be launched around mid next week."
...now we could legitimately argue all night whether this alleged e-mail, containing the phrase "key financials and projections", and sent to one particular poster could be considered "material", but lo and behold, PSPW goes on an incredible tear beginning the next day that sees its stock more than double off of its recent low of $0.09 in less than one week...the alleged e-mail clearly accomplishes its desired effect...
...Coincidence???...hardly...
...aside from one sage poster who couldn't bear the stench, all other responses were "on cue" and indicated a sentiment of "buying" and "adding"...
...Wow!!!...who needs to pay "awareness" campaign promoters when an alleged e-mail implying news is coming "around mid next week" can find its way onto a busy message board for free!!!...
...this is CLEARLY the type of manipulation that many longs here decry when they believe (with no evidence or logic) that "shorters" are "driving the stock down"...
...wouldn't I LOVE to peruse the trading data of some of those who post here to see who unloaded shares on the way up...
...perhaps the SEC would as well!!!...
...but I am not finished yet!!!...
...someone sold on the way up to $0.21, meaning someone BOUGHT!...
...some of those shares are now down as much as 40%!...
...I guess they fell for the e-mail propaganda...
...and, to his credit, the alleged former CEO (Oh, this is GREAT stuff!!!) who posts here as "Toba", criticizes the initial poster's e-mail post, and for good reason...:
...the stock, whose true value is likely MUCH lower than its recent lows was artificially manipulated in direct response to the alleged e-mail ; at some point during the past week, some people sold on the back of this e-mail...
...and THAT, my friends, is I-L-L-E-G-A-L!!!...
...but, not to be totally outdone, our alleged former CEO shows up on his white horse today after a one week absence as the stock rightfully resets near its pre-email level and attempts to calm the masses amid a rabid, high-volume selloff and reassures them that his "assistance" is on the way!...
http://investorshub.advfn.com/boards/read_msg.aspx?message_http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79913748id=79913748
..."Does everyone agree"?...(yes I agree that something is rotting here besides the share price)!...
...seriously, you cannot make this stuff up?!?!?...
...there is plenty here that does not pass the "smell test"...
...I cast no direct aspersions on any particular person (or poster) here on IHUB PSPW, but I DO dissect the facts and connect alot of dots...
...I continue to urge all decent folks here to view what's going on with PSPW with eyes wide open...
...there's alot to be leery of here...
...do not be afraid to ask questions, and do not be afraid to call someone out when they are shoveling rat crap onto your doorstep while they are wishing you "good day"!...Duke...
...Mr. Durrant, your mature and thoughtful reply is appreciated and respected...
...I have never been a trader or, God forbid an investor in pennystocks...
...several years ago I followed (and shorted) a pennystock (Globetel) which made unbelievable claims about communication blimps in space...it came to my attention because of its spike in price after a press release (eventually the CEO Tim Huff went to prison)...this story eventually led me to IHUB where I was instantly exposed to the world of pennystocks and pennystock scams...
...I have come to the realization that there are few legitimate companies on the OTC, especially "pinks", where PSPW resides...
...the "pinks" are infested with scams and frauds and scandals ; promoters posing as CEO's, even some previously convicted for stock-related offenses, yet life goes on at the OTC...stock-selling machines enriching only those perpetrating the frauds...
...I have observed numerous boards here on IHUB where present or former company executives post as if they were average shareholders acting on the behalf of MB posters...
...everyone of these ended in disaster...
...why would your appearance here lead me to believe that you are the exception?...
...I have no skin in this PSPW game, but when I see a huge spike in price that appears undeserved (PSPW's potential merger), it catches my attention, and I take a closer look...
...and when I proceed to the MB for that company and see posters immediately predicting $50.00 / share, I feel compelled to speak my piece and to challenge irresponsible and misleading posts...
...perhaps you ARE the exception, Mr. Durrant...perhaps you are truly just a regular shareholder, a regular guy...but my experiences here on IHUB tell me otherwise...
...I remain sKeptical...
...I look forward to you proving me wrong...Duke...
...it amazes me that noone here apparently sees or considers...
...the potential conflict of interest unfolding before your very eyes...
...ex-CEO Toby Durrant, within days of membership here at IHUB proposes to be the conduit between the common shareholders here and his "former" company???...is that correct?...
...Mr. Durrant proposes (and posts) "to circulate my proposed correspondence to the board in the next 48hrs with a plan to send it by close of play (UK time) on Friday."...
...and nobody sees a red flag here?...
...and why would that possibly be?...because he's now merely a "common shareholder" like the regular posters here and shares the same concerns as Joe Investor?...
...there is an inherent danger in allowing ANY ONE person to become a company's mouthpiece to a MB full of hopeful but disillusioned investors, never mind a former executive for said company...this company has been nothing but vague...now you expect the company's former CEO to lead you to transparency?...(laughing out loud)...
...I have always strongly urged caution to this board...I can only continue to reiterate same...
...this situation has a distinct smell to it...and not a good one...Duke...
...PSPW...
...ex-CEO Toby Durrant offers to "lead the charge" to transparency with the company, "but will need to know what we are collectively holding and who is behind the holdings to be effective"...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79405992
...and the compliant rubes accomodate him...
...nice way to control the opinions / sentiment of the board while "communicating" the company's message...
...I believe we've seen this movie before...Duke...
...another day with a dose of reality...
...this company's got NOTHING to offer shareholders...
...nothing but fluff!...
...do you know where your money is?...Duke...
...that never stopped you before...
; )
...Duke...
...PSPW...
...as stock continues its recent tumble (to a new 18-month low), more than 90% below its post-merger high of $2.29 in May 2011, a new poster appears, claiming to be ex-PSPW CEO Toby Durrant :...
http://investorshub.advfn.com/boards/profilea.aspx?user=359102
...he is ""knew" to these boards"...(lauging out loud)...
...I've always been of the opinion that when present or former executive management begins showing up on anonymous message boards, it's usually not a good sign for shareholders...Duke...
...PSPW $0.12 (-$0.019 / -13.67%)...on above average volume, again...
...let me get this straight - some anonymous IHUB member with an alias born on August 30, 2012, and with 7 total posts (all on the PSPW board) posts that he (or she) is shorting PSPW, produces ZERO proof, does not indicate how many shares he / she has allegedly shorted and THIS is held up as PROOF on this board that "about 170K shorted Thurs and Friday" and that shorting is actually occurring???????????...
...here is the latest available short data from otcmarkets.com (as of August 15) :
http://www.otcmarkets.com/stock/PSPW/short-sales
...only the naive truly believe that some "entity" would be aggressively shorting a pennystock...and puhleeeeeeeze...no naked short conspiracies unless you're willing to link me to some documented cases...(laughing out loud)...
...I think you're having your chain jerked...
...and, btw...did I read that the TA is "gagged"?????...
...good lord!!!...another red flag!!!...
...how many is THAT?...
...and as I sit here reading shareholder after shareholder moan about company transparency, I beg the question :
..."Why are you pouring your hard-earned coin into this potential trainwreck?...
...this one has a familiar stench enveloping it...
...extreme caution urged here, folks...Duke...
...sorry, rook...but when someone calls you...
...on your statement that claims that "about 170K shares shorted Thurs and Friday", and your only response is to refer to posts made here by anonymous posters claiming to be "shorts", then I say that you ARE misleading people...your lack of a source is very troubling AND misleading...
...the likelihood is that this stock is NOT being heavily shorted or naked shorted, if at all...
...we have all seen dozens, if not hundeds of stocks followed here on IHUB that seem to follow this familiar path...in the end there is NEVER a naked short position...NEVER!!!...
...the SEC goes into some detail about the likelihood of naked shorting in the following link :
Part V, section 2 , paragraph 3 : "There also may be instances where a company insider or paid promoter provides false and misleading excuses for why a company's stock price has recently decreased. For instance, these individuals may claim that the price decrease is a temporary condition resulting from the activities of naked short sellers. The insiders or promoters may hope to use this misinformation to move the price back up so they can dump their own stock at higher prices. Often, the price decrease is a result of the company's poor financial situation rather than the reasons provided by the insiders or promoters."
http://www.sec.gov/spotlight/keyregshoissues.htm
...I'd say that this one lonely paragraph pretty much sums up PSPW's current situation...
...the past three trading days have seen much higher than average trading...the likelihood is that one shareholder, perhaps more are attempting to dump their shares hurriedly without doing too much damage to the SP...obviously that's not working out well...
...meanwhile the faithful talk about "mergers" which apparently haven't benefited the company, alleged deals, agreements and alliances which are announced and then almost completely forgotten about and "potential deals" which are apparently circulated through anonymous sources, but sound alot like pink sheet fluff...
...I'm betting this stock continues to go much lower, and, without any REAL and substantive business or revenues, winds up in sub-penny land...
...how long that takes is anyone's guess...Duke...
...you should be careful making this statement...
...it is misleading...
...the daily FINRA short totals include multi-legged transactions which often count a "sale" as a "short sale"...
...more often than not, the "short sale" listed was actually a straight sale...this has been discussed on IHUB ad nauseum...
...the following post has been shared on IHUB as an example of how it actually works...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57101068
...if you want to believe that PSPW is under a short attack, fine...but provide some proof of these 170K shares being shorted along with your statement...
...otherwise you might risk being accused of being misleading...Duke...
...$0.133 (-$0.0354 / -21.02%)!!!...
...it's gonna be REALLY difficult uplisting to NASDAQ with the share price tanking everyday...
...I wonder what the people selling are so concerned about?...Duke...
...I do not short pennies, "Sam"...
...way too risky...and foolish, I might add...
...I see a company putting out fluffy NR's and taking in zero dollars...
...I ask again : what happened with THIS :
http://ih.advfn.com/p.php?pid=nmona&article=50528881
...did I miss the follow-up release?...
...all this great news since the announcement of the merger over a year-and-a-half ago, yet sitting at 18-month lows ; more than 90% off of its high of $2.29...
...sure looks like a sure thing to me...
...hey, tell you what, if you guys can guarantee me $0.22 by the eod, I just might take 100,000 shares off your hands...Duke...
...we all know what becomes of most "agreements" and "alliances" and "LOI's" (lol) on the OTC...they are quickly and conveniently forgotten about...
...how about THIS item?...
http://ih.advfn.com/p.php?pid=nmona&article=50528881
...didn't see the follow up to that one for some reason...
...still smells like a scam to me...Duke...
...how about the cold-hard fact that they have no revenues?...
...couldn't they at least put a soda machine in their lobby?...
...a hot dog stand at the curb?...
...a bake sale???...
...smells like a scam, imo...Duke...