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THE WORD'S OUT - PUMP & DUMP SCAM
Lowest trading off the block today. Investors are steering clear of this pump and dump that, with less than 30days of trading, already underwent a 3 for 1 split. A company that has $0 in revenues, sales. This is another Russell Kidder scam merely in business to sell shares and make the scammers more money.
EXCELLENT ARTICLE RE: PWEI SCAM
More researchers are speaking out about the lack of legitimacy of this latest Russell Kidder scam. Potential investors are cautioned to research this stock carefully. I lost $50k to Kidder's last pump and dump scam during the Gulf Oil spill. And PWEI is set for a MAJOR dump in progress...!
EXCELLENT ARTICLE RE: PWEI SCAM
More researchers are speaking out about the lack of legitimacy of this latest Russell Kidder scam. Potential investors are cautioned to research this stock carefully. I lost $50k to Kidder's last pump and dump scam during the Gulf Oil spill. And PWEI is set for a MAJOR dump in progress...!
MAJOR DUMPING OF THIS SCAM STARTS TODAY
In less than 30days of trading this Russell Kidder scam (Google the name) is already doing a 3 for 1 split..? With $0 revenues and $0 sales??? This is another scam orchestrated by Russell Kidder and bound to part you from your money as he did for me two years ago.
TOO MANY QUESTIONS WITH THIS SCAM
Please take a few moments to read the analysis below. It simply presents so many questions that have not been addressed by PWEI that can have significant impacts to the ultimate success of your investments in PWEI:
http://seekingalpha.com/article/927251-pacwest-equities-the-330-million-dollar-pink-sheet-with-no-cash-and-155-million-illegally-issued-shares-part-i
Before I invested (and lost) $50k in ACLH, (a 47.5% owner in PWEI) I thought I sufficiently committed to my due deligence. I read all the posts on that board by people either warning investors about that particular scam, or by fellow investors dismissing those issuing warning as being "shorters" looking to bring the share price down. The warning just didn't seem compelling enough to keep me from investing, because I believed it was a "legitimate company." I believed the press releases, I believed they were honest. Obviously, I was wrong.
If you're reading this, and you are like me, hard-working and want to do right by yourself and your family, please be very careful and thoroughly research this company, Russell Kidder, and the majority owner of PWEI, ACT Clean Technologies, Inc. http://www.sec.gov/litigation/suspensions/2010/34-62166-o.pdf
PWEI A SCAM TO BE SEC HALTED
Two years ago I invested $50k in Act Clean Technologies, Inc. (ACLH), which is a 47.5% owner in PWEI. Shortly after making my investments the SEC halted trading of ACLH due to "questionable" practices. It's been on the grey market ever since. The last communication from ACLH was 07 Feb 2011. Now out of the blue we ACLH shareholders learn that ACLH owns a majority stake in PWEI. Repeated calls to Gary Koelsh go unanswered, and slowly some wise folks are starting to ask questions about the assets and legitimacy of PWEI. I would love to believe that I will recover my losses, but if ACLH saw no need to share the "good news" about the PWEI investment, I can't help to question why. Please proceed cautiously...
PWEI Another Russell Kidder Pump and Dump Scam
PWEI COMING TO A BLAZING SEC HALT THIS WEEK
Oh, and the 3-1 forward split. The SEC knows about that too. And I'm sure they're interested to learn how a pump and dump that wasn't trading less than a month ago is now completing a 3-1 split. The red flags are all over the place. I hope Russell Kidder and his crew are sleeping well, because soon they'll be spending tens of thousands on attorneys' fees once again.
A lot of folks didn't think the SEC would halt ACLH, Russell Kidder's other pump and dump scam. The fact is, the SEC knows about Kidder's current scam, PWEI. I'm hoping they'll halt this before more novice investors get swept up into Kidder's scam. But regardless, it will happen...it's only a matter of time. And take it from experience, when the SEC halts a scam, you don't see it coming.
Kidder himself was on a radio show hyping the ACLH scam when the announcement came in. Needless to say he walked out of the radio show. We ACLH shareholders are suppose to have our shares converted into PWEI shares. I mean there was a merger, at least according to PWEI documents, whatever those are worth. But Russell Kidder and his crew don't work by legitimate business standards. They've moved on and left all of us holding worthless ACLH shares. The SEC knows this, and I sure they remember Russell Kidder. It's only a matter of time.
Seems like no one is disputing this is pure Russell Kidder scam. Play it for what it is, but don't complain if you're left holding worthless shares when the SEC halts this latest Russell Kidder scam.
They may not seem to care, but the SEC works at its own pace. They have been informed by more than just myself. Kidder and the PWEI scam are on their radar. And with more folks filing complaints against Kidder and PWEI, the time for another SEC halt of a Kidder scam is near.
Here's the latest on the Russell Kidder scam, PWEI. Believe it or not, they were approved for a 3-for-1 forward split. Effective Monday, November 5, 2012 shareholders in PWEI will have their shares increased and available for surrender. Unbelievable, huh. Kidder and his crew are going to walk away with three times more shares in that scam, that closed over $1.00 on Friday.
All we can do is file a complaint to the SEC about him selling our ACLH assets to PWEI, and walking away with all the value in that company...
Thanks to you folks posting your concerns on the PWEI message board, today was the lowest trading day for the Russell Kidder scam, PWEI. Since the commencement of Kidder's latest scam on 09 Oct 2012, PWEI only traded 1,616,057 shares today.
Sure, I agree, that's a lot of money Kidder and his crew probably still made today, but our continued efforts are important. Each of you who files a complaint to the SEC will also bring more and more attention on Kidder's latest scam. We won't go away quietly as Kidder was hoping. We know where his latest scam is taking place, and we won't let him hurt the lives and livelihood of more investors.
Please take few moments and let the SEC know that Kidder has sold your ACLH assets to another pump and dump, PWEI, and you haven't heard anything from Kidder for over 1 year and 9 months. Let them know about your concerns that he is scamming new investors.
https://tts.sec.gov/oiea/Complaint.html
LOWEST TRADING DAY OF THIS SCAM
The trading of this most recent Russell Kidder pump and dump scam is thankfully slowing down. Since it first broke out pumping on 09 Oct 2012, this scam has now traded lower than any other day. Fortunately, new investors are becoming increasingly informed thanks to those victims of Kidder's other scam, ACLH, or ACT Clean Technologies, Inc.; which by the way, is a 47.5% owner of common shares in PWEI.
Isn't that something, folks!?! ACLH is a majority owner of another scam orchestrated by Russell Kidder and his crew..??
TRADING OF THIS SCAM SLOWING
Thankfully more and more new investors are steering clear of this Russell Kidder led pump and dump scam. Less than 1,500,000 shares traded today. As more of Kidder's scam victims start to migrate over to PWEI to inform new investors, the trading will continue to slow. There's lots of references to Kidder's past schemes, so due diligence will spare you any losses.
Sure, that's true. But you can't stay quiet and remain a victim. File a complaint with the SEC about Kidder selling our ACLH assets and not honoring our shares. Let them know that he is orchestrating another pump and dump. State your own personal story on the PWEI message board and prevent others from being victimized. Only if we speak out will the SEC step in and hopefully put an end to Kidder's crimes.
Also, please know the SEC can, and does, file lawsuits on investors' behalf. Please request the SEC do so in this case against Kidder, ACLH and now PWEI.
SEC SAYS RUSSELL KIDDER = SCAMMER
The same person who is a 47.5% owner of common shares in PWEI, Russell KIdder/ACT Clean Technologies, Inc. (ACLH) was investigated by the SEC. Read the SEC's bulletin on Russell Kidder, also known as a "scammer."
http://www.sec.gov/investor/alerts/oil.htm
QUESTIONS SURROUNDING PWEI ATTORNEY
Potential investors should research this company VERY THOROUGHLY. As I've referenced previously, there is plenty of verifiable, referenced information that details the history of this pump and dump scam, PWEI, as well as the dealings of its mastermind, Russell Kidder; who by coincidently sold ACT Clean Technologies, Inc.'s (ACLH) assets earlier this year for 150,000,000 shares of PWEI common stock.
Needless to say, we ACLH shareholders were never informed of the merger. We haven't heard from our ACLH leader in over 1 year and 9 months. Only to learn that he and his crew have moved onto to this new pump and dump scam. But it gets better. There's the attorney that PWEI previously had been using. New investors should read the following Seeking Alpha report that details the former attorneys this pump and dump had been using to legitimize the corporate structure of this scam. Appears its a "family business:"
http://seekingalpha.com/article/927251-pacwest-equities-the-330-million-dollar-pink-sheet-with-no-cash-and-155-million-illegally-issued-shares-part-i
THE SEC IS AWARE OF THIS PWEI SCAM
The word is now out. Other victims of Russell Kidder's other scam, ACLH, a 47.5% owner in common stock of PWEI are making their presence known on this message board. We have been victimized by Russell Kidder and those facts can't be dismissed. Every potential investor in PWEI is ENCOURAGED to research the SEC alerts and suspensions regarding ACLH and Russell Kidder. Do a Google search and read of the potentials for you to lose your money as I had trusting in anything associated with Russell Kidder.
Earlier this year Russell Kidder/ACT Clean Technologies, Inc. sold its assets to PWEI. A merger you ask..?? Perhaps, but we ACLH shareholders were never informed about this merger. We've never been informed if our ACLH shares will be converted to PWEI shares. You'd think an honest president of a publicly traded company (that was previously, temporarily halted by the SEC) would inform his investors of the future value of its shares. But no. Nothing. Kidder and his crew have moved on to their next scam, PWEI. He and his boys are walking away with 150,000,000 shares of PWEI shares...dumping as we speak, and ACLH shareholders are left with nothing.
Don't allow this to be your future as well. Commit to your due diligence, which means researching this PWEI thoroughly. Research the players behind this pump and dump scam, most of all, Russell Kidder. Read about his history with the SEC and other pump and dump scams. Don't lose your money as I had, to the tune of $50,000.00.
THE SEC IS AWARE OF THIS PWEI SCAM
The word is now out. Other victims of Russell Kidder's other scam, ACLH, a 47.5% owner in common stock of PWEI are making their presence known on this message board. We have been victimized by Russell Kidder and those facts can't be dismissed by countless pumping on this board. Every potential investor in PWEI is ENCOURAGED to research the SEC alerts and suspensions regarding ACLH and Russell Kidder. Do a Google search and read of the potentials for you to lose your money has I had trusting in anything associated with Russell Kidder.
Earlier this year Russell Kidder/ACT Clean Technologies, Inc. sold its assets to PWEI. A merger you ask..?? Perhaps, but we ACLH shareholders were never informed about this merger. We've never been informed if our ACLH shares will be converted to PWEI shares. You'd think an honest president of a publicly traded company (that was previously, temporarily halted by the SEC) would inform his investors of the future value of its shares. But no. Nothing. Kidder and his crew have moved on to their next scam, PWEI. He and his boys are walking away with 150,000,000 shares of PWEI shares...dumping as we speak, and ACLH shareholders are left with nothing.
Don't allow this to be your future as well. Commit to your due diligence, which means researching beyond just what you read on these posts. Research the players behind this pump and dump scam. Don't lose your money as I had, to the tune of $50,000.00.
Thanks for your support on this and the PWEI message board! Thanks also for submitting your complaint to the SEC. We ACLH scam victims need to follow this lead. We need to submit our complaint about Russell Kidder's next scam, PWEI, and we need to post on the PWEI message board. It's important for all of us to do the right thing and ensure Kidder doesn't walk away again as a millionaire at the expense of unsuspecting investors in another Kidder & Co. scam.
$0 assets, $0revenues, $0cash = SCAM
New investors please DO NOT substitute meaningless pump for your proper due diligence. Read my previous posts that cite specific references to SEC alerts about Russell Kidder's other scam, ACT Clean Technologies, Inc. (ACLH), which coincidently is a 47.5% owner of common shares of PWEI.
PWEI is nothing less than another pump and dump scam. The SEC has warned investors before about Russell Kidder's approach of using fancy websites and message board posts. Please read the SEC's warning below:
http://www.sec.gov/investor/alerts/oil.htm
I lost $50,000.00 to Russell Kidder's Gulf Oil Spill scam in May 2012. New investors--your money is at jeopardy with this pump and dump scam. Research this company thoroughly, and don't rely on just message board posts
ACLH WAS A SCAM AND SO IS PWEI.
Russell Kidder's last scam was ACT Clean Technologies, Inc. (ACLH) the 47.5% common shareholder in PWEI. Kidder has walked away from all ACLH investors, our shares are worthless, and so will PWEI shares soon enough. The word is out on PWEI, as Kidder's next scam...this stock will be halted soon enough.
This is a pure pump and dump scam. No real office. Only ONE (1) employee of record...!!!????!! And this company has a market valuation of $480million...!!???!!!!
Pure pump and dump scam that will part you from your money...!!!!
I spoke with the Transfer Agents for ACLH:
Transfer Agent
433 Hackensack Avenue
Level L
Hackensack, NJ, 07601
201-820-2008
They've confirmed there is no communication or information from the company that ACLH shareholders will have their shares converted to PWEI shares. The transfer agent has no authority to initiate any conversion of shares. This must be started by Russell Kidder and ACT Clean Technologies.
It should be clear to every ACLH shareholder that our shares are worthless. We have only so many recourses available to ensure that Kidder is held to what he has done. KIdder is now making millions on his next scam, PWEI. It should be every ACLH shareholders' responsibility to contact the SEC and file a complaint against Kidder and ACLH. Below is the online SEC complaint form. Please fill out this form and this is one of a few actions we can take against Kidder and his next scam:
https://tts.sec.gov/oiea/Complaint.html
Below you will see from the latest PWEI disclosure statement that ACT Clean Technologies, Inc. is ths 47.5% owner of common shares in PWEI...what about our shares..!!??!! We invested our hard-earned money into Kidder's company...and we deserve to have our shares honored. Why should he now walk away with another scam and leave another group of investors left holding the bag??
http://www.otcmarkets.com/financialReportViewer?symbol=PWEI&id=93623
I once again encourage all you ACLH shareholders to post your stories on the PWEI message board. New investors should be warned about Kidder and his associates. We can only do so much, but we must all come together and make sure this scammer is made known to all potential new investors.
I disagree that PWEI currently listed as CAVEAT EMPTOR is "old news." This company is another Russell Kidder pump and dump scam. What do you think the OTC Markets would think about a currently traded company dismissing it's CAVEAT EMPTOR listing. It's there for a reason...because investors should be cautious..!!
PWEI DOESN'T HAVE AN OFFICE LOCATION...DO PRODUCTS EXIST OUTSIDE OF PR NOTICES..??
PWEI IS CAVEAT EMPTOR ON OTC MARKETS
FEAR THE PUMP AND DUMP SCAM...AVOID ACCORDINGLY...
THIS PUMP AND DUMP SCAM HAS NO TELEPHONE NUMBER...!!!!
THIS SCAM HAS NO CORPORATE OFFICE LOCATION...!!!!
INVESTORS, THIS SCAM IS CAVEAT EMPTOR ON OTC MARKETS..!!!
In the world of pump and dump pink sheet trading there is this unrelenting degree of deceit, manipulation, and criminality whereby participants aren't investors or businessmen, they more appropriately should be labeled victims and perpetraters. Now that's not just my opinion, but also of the SEC, the regulators mandated to protect honest, well-intentioned investors from being victimized.
http://www.sec.gov/answers/pumpdump.htm
Does anyone know where PWEI's office are located....? In virtual space..?? Do they have an office....? Employees...?? Revenues...?? Products..????
DUE DILIGENCE could prevent you from losing your hard-earned money...!!!
Learn what the SEC has said about Russell Kidder's last pump and dump scam...
http://www.sec.gov/investor/alerts/oil.htm
There's a reason why PWEI is CAVEAT EMPTOR...!!!!
Unless more folks than myself post on the PWEI message board Kidder and his crew will continue that pump and dump scam with no limits. I don't understand why over the past 2 years so many folks were complained on this message board about Kidder, calling for lawsuits, and now no one has the motivation to post warnings and their story on the PWEI message board..??!!??
Go look at that board..it's nothing but pumpers enticing new investors to lose their money and make Kidder rich on another scam...
Please be very careful and thoroughly research this company by Russell Kidder, and the majority owner of PWEI, ACT Clean Technologies, Inc.: http://www.sec.gov/litigation/suspensions/2010/34-62166-o.pdf
Please take a few moments to read the analysis below. It simply many questions that have not been addressed by PWEI that can have significant impacts to the ultimate success of your investments in PWEI:
http://seekingalpha.com/article/927251-pacwest-equities-the-330-million-dollar-pink-sheet-with-no-cash-and-155-million-illegally-issued-shares-part-i
PWEI is listed as CAVEAT EMPTOR on OTC Markets