Waiting For Monday
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Yep that's what I did I have rules posted on my wall by monitors I didn't follow that one and it got me, I bought right after I heard promo I believe it was right after amwi I was still on easy money mode, or greed I guess,
Yeah I think so and all the different companies are related to each other, still 1.6 is high
Use etrade ask for the pro program it is great so much info in that program it's nuts I have never had any problems and all I trade is pennies, they also gave me free trades for a qt. and I only started it with 500.00 to test it out, they still gave me all the perks. They will also give you an elite customer rep, my rep is very helpful and calls me every now and then to see how I'm doing and to make sure I'm happy with programs and what not. I will not loose my free trades starting next month but will get reduced comm. I think it's around 5.00, good luck! And happy new year!
Yes let's all hope, I have lots as well, and in the red a bit I brought without doing any dd for some reason! Have a great new year
I was watching a chat room today and yesterday, the main chat guy says that here is going to be a promo on this really soon, both days it came up. anyone else hear this?
I think I'm "@burkittsbugs, I only use it to search about this stuff, thanks! I'll try to message you on it
Well guess I'll have to buy some I'm interested in the product besides trading it
Huh, did you use it? Did it work? Thanks!
. The first 10,000 consumers to sign up have been contacted and will be receiving their free sample shortly
Was anyone contacted? I signed up for the promo a while ago but never heard anything from them, i searched all my emails and junk folders with nothing .
.o47s soon!
Was that u
I had the same problem
Would be nice to get past thes .045s
Yeah I would be happy with that!
Justpicked up 100k
Sloooooooooow
Hey it says we can tell or friends and family now!
Tomorrow should b good with this news
Wow sometimes I will I didn't have L2 this is crazy, I'm torn between staying or selling!
NSRS CEO Harry Lappa turns $306,196 into $200,000,000! A 65,000% return!
Posted on December 29, 2011 by stockhaven | Most Traded, Penny Stocks Exposed, Stockhaven's Take
ShareemailOh the lure of being a penny stock CEO. How nice it must be to turn $306,196 into over $200,000,000. Yes, you read that right, 200 MILLION DOLLARS! Nothing like a cool 65,217% gain to file on your tax returns. But that’s just another day in the life of North Springs Resources (NSRS) President and CEO Harry Lappa.
NSRS filed their S-1 to become a publicly traded company on June 1, 2010. Coincidentally enough, AMWI filed their S-1 a couple weeks later, but we digress. At the time, the company was called Aurum Resources Corporation and the only employee was then CEO Danil Shpeyzer. Shpeyzer registered 2,500,000 shares at a par value of $0.001 for gross proceeds of $2,500.
Then, as disclosed in an 8K filed with S.E.C. on April 12, 2011, Harry Lappa took over the reigns at Aurum Resources:
On March 15, 2011, Harry Lappa acquired control of two million five hundred thousand (2,500,000) shares of the Company’s issued and outstanding common stock, representing approximately 72.05% of the Company’s total issued and outstanding common stock, from Danil Shpeyzer in accordance with a stock purchase agreement between Mr. Shpeyzer and Mr. Lappa (the “Stock Purchase Agreement”). Pursuant to the Stock Purchase Agreement, Mr. Lappa paid an aggregate purchase price of three hundred and six thousand one hundred and ninety six dollars and thirty four cents ($306,196.34) to Mr. Shpeyzer in exchange for the shares.
While we find it odd that Mr. Lappa would pay $306,196 for shares Mr. Shpeyzer only paid $2,500 for, that’s not our main focus (not right now anyway). Our main focus is that Harry Lappa, after acquiring these shares, is now the company’s President, Chief Executive Officer, Chief Financial Officer, Treasurer, and Secretary. With his 2,500,000 shares in hand, Harry got to work.
His first order of business was changing the name of the company from Aurum Resources Corp to North Springs Resources Corp. In addition, as this 8K filed on July 21, 2011 shows, Harry did some minor tweaking of the share structure. Not only did he increase the number of authorized shares to 450,000,000, but he also enacted a forward split of the companies shares (which remember he owns 72.05% of):
On June 16, 2011, Board of Directors of the Company authorized a forward split (the “Forward Split”) of its issued and outstanding common shares, whereby every one (1) old share of common stock will be exchanged for one hundred (100) new shares of the Company’s common stock. As a result, the issued and outstanding shares of common stock increased from 3,470,000 prior to the forward split to 347,000,000 following the forward split.
The first thing we notice is the extra “s” in “Board of Directors,” as it should just read, “Board of Director.” After all, Mr. Lappa is the only employee of NSRS. From what we could tell there aren’t any board of directors, just him. More importantly though is what this forward split did for Harry Lappa’s shares. Remember the 2,500,000 he acquired back on March 15, 2011? After the 100-1 forward split they turned into 250,000,000 shares! Don’t worry, the story gets better…
On August 8, 2011 Harry Lappa did some more fine tuning to the NSRS share structure. As if increasing the authorized shares to 450,000,000 back in July wasn’t enough, our boy Harry increased it to 750,000,000 for good measure. Why did he do another increase you ask? So he could do another forward split and own even more shares of course, DUH!
On August 3, 2011, the Board of Directors of the Company authorized a forward split (the “Forward Split”) of its issued and authorized common shares, whereby every one (1) old share of common stock will be exchanged for two (2) new shares of the Company’s common stock.
Again with the board of directors, kind of funny really. The least he could have done is put it in parentheses, like “the Board of Director(s).” Anyways, the real story here is what this forward split did for Mr. Lappa’s shares, all 250,000,000 of them. Well, as if he was impersonating Harry Potter, Harry Lappa’s 250,000,000 shares magically became 500,000,000 after this stroke of corporate genius.
Harry Lappa’s original investment of $306,196 for 2,500,000 shares of NSRS is now valued at $200,000,000 with NSRS trading around $0.40 and Mr. Lappa owning 500,000,000 shares! This is incredible! Now maybe we know why he paid so much money back in March for such a small amount of shares. Maybe he knew his shares would be worth alot more later on? What did Mr. Lappa know at the time of his opportune investment? We can’t possibly know for sure. But what we do know is that in less than a years time, Mr. Lappa’s stake in NSRS has returned him over 65,000%!
Can NSRS keep rising? Of course it can. Has Harry Lappa sold any of his shares? There’s no way of knowing. We do know one thing though – if it walks like a talk, quacks like a talk, smells like a duck, and files S.E.C. filings like a duck… then gosh darnit it’s probably a duck! So make your money while you can and be sure you’re selling shares on the way up because you never know when those fake 1,000,000 share bids thru WDCO might duck out
It's etrade pro cool program and it's free, as long as you trade over 25 or 30 a qt.
Everyone here must be dumb don't you know that this is a p&d, don't you know that this is a scam! They only have .50 in the bank and millions in debt, I can almost guarantee, for sure that WE WILL ALL MAKE MONEY!
Why do people always have to post crap to us like we don't know what's going on? I'm sure everyone reading this board knows what they are getting into. why do people always think they need to warn us that we are going to loose? Do they not have the cash to throw into this thing so they want to see everyone else loose? We're they the smart ones that picked up AMW! At 1.24 p/s?
Maybe just very nice people that really care for you and don't want you to loose your hard earned money (unless it was made on amw!)
Good luck to everyone let's make some money tomorrow!
Yep! Good stuff!
What happened is that I have been holding this for about 2months, it hasn't been doing much so I just sold with a 100.00 loss to put elsewhere and then about 10 min. Later this happened! Oh well good luck!
Jezzzz this thing is still falling? I got out last week, it will go back up, I'm back as soon as it has some green candles! Good luck everyone!
I was in at .205 out .31 waiting for .25, think I'm going too low?
Where did this come from?
It's never happened to me
Nope probably not, sorry!
Not doing too good pre. market
Finally got one,
Good Morning All,
We hope you all enjoyed the few days off but now it's time to get back to work!
We want to quickly remind you this morning about ABOT. This week could be very exciting!
After hitting a high of $0.0732 last Friday, ABOT pulled back again to levels that it could bounce back from very quickly.
Last week ABOT proved that a dip may not be a negative thing as it hit a low of $0.027 last Wednesday and had a killer bounce back to over 7 cents on Friday!
History could be getting ready to repeat itself especially when you consider how much short volume there has been going on in the past two trading days. The Reg Sho list showed that short volume was over 40 million!
A MAJOR SHORT SQUEEZE could be well underway!
ABOT received a BUY rating from Seeking Alpha last week. In the past we've seen companies in Seeking Alpha reports DOUBLE and even TRIPLE in price shortly after!
We are giving a STRONG BOUNCE ALERT again on ABOT!
Make sure to keep ABOT on your radar this week!
Hi,
Who do you get these letters from? I scribe to a on of them and never got anything about this one
Anyone think this will make a good day trade tomorrow? My father and sister in law we're invested in this a long time ago before the first dump years ago
Did you hear something new?
What mail list are u on, I have a separate email account with tons of them and I have never seen one for this thanks!
Yep about time iv had this way too long!