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POLR suspended this morning. Must be all that global warming or something which made it meltdown.
Question for you Stockmister fans:
Why would Stockmister pay $44K to GMM in February to shill up PMCM and only $35K today to shill up RJDG? Same former shell flipping CEO in Toronto. Same S-1 lawyer in CO.
Yes, and they get paid to shill up p&d issuers by Capital Financial Media once in a while, too.
Very annoying spammers.
Not so sure his motives are all that pure. Prefer not to be pen pals with him or anyone else who profiteers suing/trading p&d issuers.
Attention George Sharp fan club
members:
Please put George on Global Market Media (Charleston, SC) spam patrol. I cannot believe what they chose to spam up this week:
CCTC (see SEC spank from last year)
NDEV--Frank Labrozzi (check spelling) dog today (dumping large).
At least that way he knows who to sue as everyone knows those SC spammers are.
Thank you, GS fan club members.
Thanks for posting the RIP (rest in pieces) piece.
Ceresney is far more interested in p&d's than Khuzami was so stay tuned one and all.
Jack Flader's name might pop up soon.
2 of the old McCabe mailer pumps listed a payer known as "Tolhurst Capital."
KKD--
You're welcome to those who enjoyed a delicious breakfast with me yesterday morning.
Here's your weekend p&d report:
RAYS---worthless shell now belongs to p&d hustler Janovec. Website deader than a rabid rat killed by a courageous cat.
AEHI--FBI boys showed up last week. Local TV station picked it up.
New Baines' story today about Speckert and possible ties to the Hells Angels.
MyScammy:
Wifredo, Wifredo, we thank you so much,
Your district's full of Vitale's and such.
Be more like sweet Preet,
And we'll send you a treat!
FD: nailed KKD long before earnings, maybe I should send a dozen down there to the USAO in S. Florida.
Vitale's former mob boss, Sal Puccio, gets out of Club Fed in November. He got sent away for another bucket shop blow-up called LH Ross. Some of you old timers might remember that one.
Is anyone shocked by the fact the pump and dump boys lie to the SEC all time?
XUII spams today:
1 from APS at around 1030 EST. Another from PPS at around 1400 EST. Pretty much the same spam, a few words changed. Throwing that AAPL name around.
Everyone have a nice and safe long weekend.
LOTE short squeeze:
very similar to what went on long ago with a p&d issuer called Host America (CAFE). For those of you who know how to "surf" the net, there's some limited information out there.
As far as belly-up market makers, there were tone of belly-up hedge funds who got caught too concentrated and too short in 2007 and 2008.
I expect we'll have answers before Labor Day but not before the 4th of July.
Everyone enjoy your long weekend and please stop the flamc wars over here. No one has 100% of the answers.
IPO$: COYR and TUNG
Same very busy CEO in Davie, FL (Guy Martin) and same website designer as well. Caught the website designer messing up last Friday via a little source code SNAFU.
If you would, hang on to (save) that hard mailer if you would. Might have someone interested in it later on. Can't discuss details.
The question remains does Cam Funkhouser remember? Poor guy used to have to issue sound bites once a month or more on this BS theory about Berlin and NSS.
The same small German brokerage firm who handled listings for the previous 3 (or maybe 4, I lost count), APS et al p&d cross listed dogs is also handling the listing for NORX (super tepid trading there today on it).
LOTE's not even listed there yet so that PR is technically a SEC rule 10-b violation (false and misleading).
Next time you talk to Cam, you may wish to let him know.
Oh, the APS boys sent out some spam yesterday stating a new pump was on the way in the next 10 days. I just can't wait!
Berlin Bourse/NORX/LOTE
Am going to opine here as I find it hilarious an issuer which is NOT yet listed in Germany is bitching about it, while another which just got listed is happy.
Way back when (when FINRA had a backbone), Cam Funkhouser would have gone apeshit over the BS being spread around about the Berlin bourse listings. Since some of you are such large FINRA fans, am truly surprised there's no, "where is FINRA" comments over here.
LOTE p&d:
Suggestions to everyone here who has a pair of _________s.
Venue is with Miami primarily since their been in biz for almost a decade stock promoters/mailer boys, Capital Financial Media cranked out a hard copy mailer earlier this week.
Cold call the Bloomberg gal who did the pump piece on Bustillo (regional director of the Miami SEC office) to ask him why his former boss boy, Wifredo Ferrer can't seem to find a prosecutor competent enough to do something.
Or, since there's a bunch of PR hype now on deals with Barneys New York, there's always Kaja Whitehouse of the NY Post who was first to hop on the Thomas Belesis/John Thomas p&d train or who could forget the Spongetech saga.
You want something done? Work the media, people. Or better yet, work the phone with the SEC offices who have primary venue.
On BOPT, the BCSC beat slow mo FINRA to the punch so let's not give the kiddie kops at FINRA too much credit. They're a bunch of bobble head lemmings in there, too.
I think Oscar of MSSD needs to get together with Gene Juarez, the Vidal Sassoon of the PAC NW!
Time to bring the other Mary (as in Schapiro) back.
Let's all cold call Obama tomorrow.
"Yo, Barack.....and by the way, what's up with both the FBI and CIA dropping the ball on those terrorists in Boston? Geez, Louise it's a good thing you're on your 2nd term."
Coronation ceremonies all month. New Chairman. New GC. New co enforcement director.
You'd think it was the Kentucky Derby, Preakness, and whatever the other Triple Crown event is (am under the influence and can't recall).
Great story today in the Spokane Spokesman Review by John Stucke.
Do not have link. By far the most commented on story. If you like it, please feel free to let Mr. Stucke know.
One of the board members is none other than the PAC NW's Vidal Sassoon (Gene Juarez). Was he a clipper or did he get clipped?
GOOG(le) him up. Hilarious.
You are welcome and that guy is a new one on me.
My interest in penny stocks/pump and dumps has nothing to do with trading (don't touch them long or short). It's a much neglected sector with respect to media coverage and to some extent interest by regulators. Hard to keep up with all the promoters, payers, S-1 lawyers et al when there are also Ponzi scams, offering frauds, inside trading of the illegal kind, accounting fraud, FCPA violations (all that stuff).
Hope you won't be a stranger here.
On MSSD, it smells to high heaven. So bad that even the most prolific spammer/promoters around right now (the ones in SC) apologized for it twice.
That being said, there are no stinky pinkies which don't smell bad.
MSSD
Welcome aboard. You mean the pump EAG paid those SC promoters $50K to promote last week as well as other promoters?
Truly a dog.
For you SC promoter fans, today's promo on SSOL was not paid for so I am assuming it's a front run job.
Kinda surprised no one has interest in those prolific spammers out of SC, aren't you?
SKTO for MG and ND:
You both saw the Bloomberg piece from last weekend (not this past) on the Miami SEC office. Give Eric Bustillo a ring. His office has venue over Hipple. If you don't want to do that, have you tried those 3 journos I told you about at the South Florida Business Journal? Use the phone first, they don't like e-mails from strangers (Kevin Gale, Brian Bandell, Paul Brinkmann). Or try the Bloomberg gal.
Prefer to go the LA route on Jan? The LA Times is hard up for fresh news. Try Walter Hamiton (had an amusing, but stale, story this weekend about the morons involved in the HLF trading).
SEC office in LA? Molly White's gone but I am certain you can figure out who replaced her.
Fed up with pump and dumps? Do something about it, guys. Make a new friend today. Work the phone with someone who gives a crap at the SEC.
WSGP promo:
Looks like Tobin's found another p&d client. The OSC won't do squat so don't bother. There's venue with the BCSC thanks to CFO Notar so if you wish to send in fan mail, please do so.
A friend played a little joke on me last week. I get home yesterday and find a box on my doorstep with a Montreal postmark (some bookstore up there). Am hoping it's not an IED from some stock promoter. I open it up and find the entire series of Inspector Gamache novels by Louise Penny and a note about these being good summertime reading.
I'll let you guys know if I like them.
Oh yes, Baines has a "the RCMP is hapless" story out today. I think the Speckert series is completed.
LOL!
I don't think it's that far along yet.
If it is, I'll send him a box of Kleenex, KMB beat today and hit yet another new high. Am a happy camper today.
When does a penny stock CFO resign for ANY reason other than a subpoena?
Every once in a while (non penny stock issuers) a CFO will resign for legit reasons (made enough $$$ and wants to retire, doesn't want to cook the books to please the CEO and COO, screwed up and did cook the books a little, maybe does have health issues, gets a better offer).
Last month the ASC slapped a CTO on this Tobin Smith pump pig. No trading suspension yet out of the SEC or FINRA. I hear the new boy who might be Mary Jo White's choice to be enforcement director is out of bed by now but not at his office yet. Feel free to send him a "welcome to hell" e-mail or two if you want. Ditto on Janice's pals at FINRA. They may as well start earning their keep, too.
MSSD was shilled up today by the 2 rednecks in Charleston and Bluffton, GN and JF.
Make sure you and/or anyone else over here who gives a crap tells Billy Bubba N (rhymes with kettles) to get up off his cheese grit chomping rear end so he can clean up his smells to high heaven rat hole of a district. He's the one who spends more time (our time) suing his ex employer than prosecuting. Typical redneck welfare rat milking US taxpayers.
What in the hell is it with that state? Politicians who can't keep their peckers in their pants then lie about it when they get caught. US Attorneys who spend more time suing their ex employers than doing what they are paid to do. Stock promoters running wild thru the kudzu. Ponzi scammers fleecing born again bible thumper colleges.
On other news, the rent-a-cfo of p&d promo PSON quit today. CTO last month by ASC. Nada out of anyone else. I wonder why RR quit.
The new SEC Chairman may have lost her mind 5 days into the job. There are rumors on Bloomberg she plans to bring a 41 year old child in as her new enforcement director. Kid will have to recuse himself on about 15% of the in-progress cases which means if he's hard up enough to say yes, his pay check should be docked by 15% until he's ready to work full time instead of sitting around waiting for fresh cases to be brought he's not conflicted with.
I get NH and VT confused all the time (right next door to one another states). Easy to do.
Next province over, British Columbia, but Alberta has a reciprocity agreement with them so no trading there, either.
Go easy on these newbies over here, Janice. They had a rough day.
FINRA finally mentions Awesome Penny Stocks in a complaint!
Items 28 thru 32 on the John Thomas complaint filed today.
Wow, so impressed.
It relates to the AWSR p&d promo which got yanked.
http://www.finra.org
Read the complaint, not the PR.
I got spammed a few times on it by SMA/Elliott Dobbs.
Guess he can go back to "theatre" for a while.
Depends on which spam you're talking about. Tons of spam on BOPT.
Corp Finance is slow and I mean SLOW. They make Heinz ketchup in the middle of February outside in the cold in Maine look fast.
The BCSC is far more on top of p&d stuff than the SEC's Corp Finance group. The SEC's enforcement group is busy, busy, busy.
Why I suggested the BCSC.
They don't bite. Try them sometime.
Try the British Columbia Securities Commission today.
Kluck's in Corporation Finance which means it would take you 2 hours to explain what's going on.
The BCSC has venue. Try them today. Everyone should be in by now.
BOPT report out, but not by Sharp.
Not sure why, but I received 4 e-mails on it in the past 30 minutes from people who are afraid to go to the SEC or BCSC (since the alleged attorney threats came from a lawyer in British Columbia).
I wish shorty would do something with the Giants' relief pitcher, Ramo. He nuked my Cubs 3 times in the past 4 days. I don't like that dude at all.
Everyone here must know by now it's more expedient to go to the BCSC or ASC IF there's a p&d in progress with direct venue in their provinces. So why didn't George Sharp do that? Or any of the other, "BOPT is a scam" expose types?
It's been 5 years since he's set foot on US soil. Am very, very, very familiar with the GHLT p&d case (the one which later resulted in SEC charges). He was involved with UBRG after that. I think Carol Remond wrote that one up. The guy who initially wrote up the GHLT p&d was/is with Dow Jones, too. Carol was on vacation and passed off to him. Max something.
Cubs couldn't pull it out in the 10th so the suspense is over for me for now.
Any idea why George Sharp chooses to let PumpsAndDumps publish his, "I nuked the BOPT promo" rather than publish it himself? I find that a little "curious" considering all the bragging he does.
The suspense is killing me....
No, not talking about George Sharp handing off the nuclear option to a blogger and PumpsAndDumps as it relates to his alleged nuking of the promo.
Am talking extra inning and the final Giants-Cubs game. Can the Cubs rally and get 4 in the 10th to win or at least 3 to tie?
He was never in the country that I am aware of. At least not in the past 5 or so years.
Elliott Dobbs is a real person. He resides in the UK and is some sort of actor/theatre type. How he got hooked up with Abellan, I don't know.
The first (to my knowledge) Dobbs (SMA)/Abellan backed promo pump was RAYS. Prior to that Abellan employed others to do his promotional work for him.
Does Dobbs actually write the promos? I don't think so as some of the e-mail spams are indicative of someone who is a fairly adept trader. I doubt Dobbs is. Abellan just needed a front man. Again as to how they became involved, I don't know. Perhaps Abellan is a patron of the arts or likes "pretty" young men.
GHLT was not a resources play but the spin was good. It was an actual (legit) and profitable business (installing GPS devices in/on government service vehicles to include police cruisers).
The reason (in my opinion) why resources plays manage to last longer and fleece the "investor" types into loading large and long is because they're easy to spin. Hire some rent-a-geologist, show them a few maps, mention tons of high grade ore or millions of barrels of sweet crude (this is the "next" Exxon or Conoco Phillips) and the retail crowd can't resist. Especially if they get one of those pump mailers. Many fall for this thinking it's the real deal.
If you look at the successful previous APS p&d's, the best were resources plays (NSRS and POTG come to mind). Of course you have to have "management" in on the play pumping out press releases and giving "interviews" to hired shills (PR firms).
nodummy is new to pumps and dumps. Not sure how/why he got involved but he's new to them (less than 2 years). Maybe he or a friend or family member got fleeced on one. That's how many who don't purport to trade them get involved, pissed off someone they are close to got fleeced or maybe they got fleeced once or twice themselves.
My interest in pumps and dumps is purely a bobby. I don't trade them. I don't like seeing guys like Abellan make $10 million plus gross a year off the backs of some high school educated (or less) naïve investor.
SMA (Dobbs) did do a promo on PFNI but I could find no indication of Abellan involvement. On SANP I did and could. Ditto on the LEXG and RAYS pumps. SEFE? Ditto, could not tie Francisco in.
Abellan likes natural resources plays (metals/oil) primarily. Easier to persuade long term "investors" aka bagholders to load up if mailer promos are done. For some reason the unwashed masses fall hard and long for the natural resources' pumps.
Sharp was involved long ago with the YASH promo. Circa pre 2010. The IR firm of record was Corporate Evolutions which was alleged to have Genovese mob family money behind it. There are/were several Sharesleuth exposes written on other C/E pumps/promos.
nodummy did a nice job on BOPT as did PumpsandDumps.
I don't think the SEC was able to collect a dime off Abellan on the GHLT p&d. He's one of the best, I will give him that. The kid who was nominee CEO of GHLT had no idea who he was doing biz with. Had a legit biz, too. Admitted to some Dow Jones reporter (not Remond) it was only worth 10 cents when it was trading well north of $2.00.
I'd surmise the SEC wouldn't mind popping Abellan if they could. This is all conjecture, however. I'd be pissed if someone beat me out of that kind of money and continued to make $10 million plus on so many subsequent pump and dumps, wouldn't you?
Fair enough, Nate.
Shippers? Yes, some will make it and that sector is hot. None of them boast a large enough market cap for me to take interest, however.
PFNI? Not persuaded Abellan was involved despite the fact Dobbs touted the dog and Tyler Troup was the IR rep (as with SANP). I do have interest in him and any of his p&d's.
For what it's worth, I also enjoyed Friday's action on SBGI. They got a good deal on Fisher Communications.
Please accept my sincere apologies if you felt I was accusing you of being in bed with any promoters. I don't know who that poster is and you're right, he (or she) probably is pissed off he didn't score on some p&d dog early enough (long or short).
On Sharp's "interest," long ago he was involved in Yasheng. Can't recall details but he was involved. That was, as I recall, both a blast fax promo and mailer pump dog.
I missed the American Airlines takeoff but made some nice change booking a first class ticket early last qtr on Air Canada, unlike the cheapster Erwin Speckert who prefers to travel on a Greyhound bus.
Baines has yet another (part 4) story on Speckert and pals.
Best wishes to you, Nate. Enjoy the weekend and may all of your trades (long or short) be profitable ones.
Nate, I am interested in Abellan, Galina, and her son, not you, please take no offense.
Trader A posted more information last night on the YHOO board for BOPT. He suggests you knew which other p&d's the Abellan/Dobbs promo would not be. He suggests you knew that on the 8th or 9th.
I seriously doubt you would be greedy or stupid enough to crawl into the sack again with any stock promoter(s) after that nasty experience with fat Matt and pals.
Just out of curiousity, how did you know? Process of elimination as Abellan/Dobbs typically don't like sloppy seconds (issuers which already have other promoters touting them) like PSON, NHUR, OCTX et al?
Yes, the hints were there it would be an O&G play. That narrowed it down quite a bit.
I don't trade this garbage long or short. I prefer large cap NYSE/NDAQ, LSE, or TSX issuers and prefer them typically long. I have no dog in this hunt at all.
On the flame war stuff (with anyone), it's a waste of time. Not sure why you and the Infitialis guys engage in that stuff. If you don't like their ideas, ignore them. They should do the same with yours, ignore them. Life's too short to waste time engaging in flame wars via Twitter or message boards or any other venue.
To everyone else who wished me well on my Cubs-Giants bet, thank you. The Cubs came thru for me. I have bets for today's and tomorrow's games as well.
What's even funnier (for now) is the Twitter flame war going on between Nathan M. and the Infitialis group.
What's not funny at all, is the fact the Giants scored 3 runs in the top of the 9th which means I might lose yet another bet to those San Fran fans if the Cubs can't score 2 runs in the bottom of the 9th or at least one to tie it up and take it to extra innings.
Dobbs' BOPT pump was just as bad as Nix-Filippone's PUNL re-pump this week but at least those chumps sent out a "we are sorry" spam e-mail.
You guys have a great weekend. If another finds out who Galina is or her son's name, let me know, please.