Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
This is funny! Talks about what I mentioned yesterday (in bold): PUMPs & dumpS
Red Flagging DANGERS In The Penny Market
Amwest Imaging: A Scam Run By Scum
also:
The Regurgitation of Auri and Modern Mobility Aids
Purported cloud computing company, Amwest Imaging (AMWI) has been a heavily played issue over the last couple of days on a Pump & Dump campaign we feel is probably just in its infancy. We can understand why investors find this company so sexy. After all, it has $317 in the bank and only 535,600,000 shares outstanding, giving it a market cap of only $100 million. The company has yet to earn its first penny in revenues and its business description is so confusing with its gobbledygook that it has to be a great investment. And yes, our tongue is in our cheek as we write this.
AMWI was designed to be a Pump & Dump right from the get go. Looking at the distribution of the stock (post forward split), at the start of this month, every single share of the 535,600,000 outstanding was owned by insiders. Company founder and former President Patrick Moore owned 234,000,000 million of those shares, now worth $50 million and for which he paid $9,000 back in June of 2010. The next 104,000,000 shares were sold to 25 investors in order to bring up the number of share holders to the number required by the SEC. These 25 shareholders paid 1/26 of a penny per share for a total of $40,000. That stock is now worth $20 million. Then just last August, in a move designed to make Patrick Moore seem distanced form the company, 28 year old Jason Gerteisen took over as President. He was promptly issued 26 million shares of stock, with a value of about $5 million. Finally, 157,560,000 shares were issued to the shareholders of Instant Website Technology, Inc, in an acquisition designed to give AMWI the appearance of an asset. The acquisition is valued at approximately $30 million and we'd bet that Instant Website has never earned $30,000.
A look at Instant Website Technology, Inc, further proves that that this entire scheme is just that. According to SEC filings, Instant Website is controlled by Phillip Keuber, a participant in several penny stocks schemes in the past, including previously profiled Pump & Dump scheme, Writers' Group Film Corp (WRIT). Interestingly, WRIT and AMWI share the same Beverly Hills address, along with Keuber's many other penny stock frauds. Guaranteed that investors in AMWI will become bag holders, just as they have with Keuber's other ventures.
In the meantime, the insiders of AMWI, who we will remind you owned every share of stock at the beginning of the month, have already sold off at least $10 million in stock. And they will sell the rest without regard to the share price. After all it doesn't matter. They can always just start up the printing presses again. Or move on to the next sucker play.
Auri, Inc.(AURI) was at it again yesterday beginning a new campaign on the heels of just released quarterly results. Many who participated in AURI's last extended PnD, experienced 60% losses in their investment. We gave a good business-sensible argument as to why that would happen within several advisories and alerts, and probably saved many of our readers from themselves. While AURI is unquestionably a real business, one of the few that is the subject of a Pump & Dump, it is incapable of justifying its current market cap, never mind the inflated one it hopes to achieve through these campaigns.
For this AURI campaign, the touts hung their hat on a year to date increase in revenues of 65%. What they didn't tell you is that net losses increased over that same period by 283%. The number of issued and outstanding shares also increased by 50%, so not only did the increase in losses far out pace the increase in revenues, but there was tremendous dilution as well. The bottom line is that we have a company that loses almost $2 million a year, owes $800K and has a market cap of $25 million. No wonder insiders see a PnD as a way to get something out of this company.
Modern Mobility Aids, Inc (MDRM) is also taking another crack at a Pump & Dump, this time with unmitigated gall, as it has just filed a late notice for its quarterly financials. We saw this just the other day with Atlas Technology (ATYG) and on our recommendation, investors stayed away in droves, cutting the share price by 90% in just 4 days. As with ATYG, MDRM must not have very much encouraging to say if it finds it necessary to pump the stock ahead of late financials.
Looking at the annual financials filed just last month, and also late, MDRM had $182 in the bank and $120K in debt. The company reported revenues of $1,656 and losses of $158K and yet carries a $20 million market cap. Honestly, how do people buy into these shams? It should come as no surprise that those that took place in MDRM's last campaign a month ago, are now down about 35%.
Today we present a PIMP award, given to a tout who exhibits a disgusting display of stock prostitution, to HillbillyStocks.com, who yesterday morning sent out an email claiming a huge short squeeze was imminent on Louisiana Food Company (LUSI);
"I have a very, very special play fer all of you. It is tha SQUEEZE PLAY OF ALL SQUEEZE PLAYS! You have never been a part of anything like this play, I can assure you. If you take part in this play, you will remember this email n date forever. Tha gains that will materialize fer you will be enormous! Here are tha details: This company has a public float of less than 2 million shares n tha short interest is through tha roof with ova 9 million shares. I'm sure you know what that means. Tha demand will be so high that tha shorts will be forced to cover. This is NOT A FLIP PLAY!! Flipping this play will only kill tha run, n this mofo can n WILL run. I REPEAT....WIIILLL RUUUUUUNNN BITCHES!!!!!!!This is a BUY n this is a HOLD. This can eaaaaasily be a 10 bagger, n that... truly... is an understatement. Tha market makers will not know what hit them!"
Well surprise, surprise there was no short squeeze and in fact the stock was clobbered after a brief gap up on 30 times average volume. What happened to the short squeeze? Well it is important to note that you cannot have a short squeeze when there is no short position. That's right, HillbilllyStocks.com lied. According to OTC Markets, there is a zero short position. ShortSqueeze.com confirms this. How could there be a short position, anyway? On most days the stock trades less than 100,000 shares.
Now we don't know if LUSI insiders were the culprits here, or if this is a matter of a tout front loading, but one thing is for certain: this was a manipulation and the actions of a criminal.
Since Thursday's close:
TheStockFather.com has been promoting DKAM in conjunction with a new promotion.
QualityOtc.com and at least 4 other paid touts have been promoting MDRM in conjunction with an ongoing promotion.
PennyStockExpert.com and at least 2 other paid touts have been promoting AMWI in conjunction with an ongoing Pump & Dump campaign.
BestDamnPennyStocks.com and at least 2 other paid touts have been promoting GDGI in conjunction with an ongoing Pump & Dump campaign.
We continue to present PumpsandDumps.com as a free public service. We do not short stocks. Never have. Never will. Anybody who says otherwise is just a liar. Period.
Be careful out there!
www.pumpsanddumps.com
I like that, SUPPERman! LOL!
Gotta love them weeders when they get goin again! Weeeeeeeee!
"I ain't askin nobody for nuthin, but I will take another toke!"
MJNA News! Past $toney Winner, could be again!
Medical Marijuana Inc. to Acquire Biotechnology Company PharmaSphere, LLC from Converted Organics
Date : 18/11/2011 @ 13:26
Source : PR Newswire
Stock : Medical Marijuana (PL) (MJNA)
Quote : 0.022 0.0051 (30.18%) @ 15:32
Medical Marijuana Inc. (OTC: MJNA) is proud to announce the execution of an option to acquire 100% of PharmaSphere, LLC. PharmaSphere, a cutting edge biotechnology company which has a solution for the production of high value bio-compounds sourced from plants that can be used as active pharmaceutical ingredients. The production of transgenic plants (genetically engineered plants) for the biotechnology revolution is the cornerstone of PharmaSphere's focus and overall development for the plant based medical industry. PharmaSphere holds the exclusive worldwide license for medical herbs from TerraSphere systems.
TerraSphere Systems' (www.terraspheresystems.com) uniqueness for growing plants in environmentally contained and controlled growth environments created the first pharmaceutical grade environment for plant based compounds. These compounds will be used as ingredients for drugs, vaccines, diagnostics, nutraceuticals, cosmeceuticals, and industrial enzymes and materials.
PharmaSphere will install TerraSphere Systems inside retrofitted facilities in order to grow, extract and purify the compounds using environmental friendly technologies. Additional environmental benefits include substantially less water & fertilizer use due to metered dispensing, less waste water or fertilizer discharge due to plant uptake, no chemical pesticides or herbicides, no fuel and oil use by agricultural machinery, along with no transportation of bulk plant materials to distant processing facilities.
A major concern for sellers of natural product drugs, medical herbs, nutraceuticals, and cosmeceuticals is the unreliable supply of top quality active ingredients as the cultivation of source plants in the field and outdoors is erratic and the quality of extracts is uneven. With the TerraSphere System and state-of-the art extraction, purification and quality control technologies, the company can assure its customers a reliable consistent supply of high quality plant based compounds such as Cannabidiol, Vincristine and Vanblastine.
Medical Marijuana Inc. at the moment will be focusing on building PharmaSphere facilities that will cultivate medical herbs such as Madagascar Rosy Periwinkle, which is the source of the generic cancer chemotherapy compounds vincristine and vinblastine. These compounds have worldwide markets for the finished drugs in excess of $4.5 billion. Once facilities are built and the medical marijuana market is legally accepting of large scale commercialization, the facilities can be transitioned to grow any medicinal herb by simply changing seeds. However, the company does plan on building facilities in countries that legally allow the cultivation of medicinal marijuana and hemp for medical benefits. A few examples of these countries are Israel, China, and France. Medical Marijuana Inc. anticipates closing the purchase prior to the end of the fiscal year.
About Medical Marijuana Inc. (OTC: MJNA)
The world's first publically traded Medical Marijuana company. Our mission is to be the world's premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate, invest in and purchase value-added sustainable companies, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, pay homage to the visionaries and activists of the past and present, and provide the platform from which the industry can emerge into a global sustainable economy for all. Medical Marijuana Inc. recognizes the vast and unequaled opportunities that exist in the rapidly expanding hemp and medical marijuana industries. The scientific recognition of cannabis has brought legalized marijuana use to the forefront of mainstream discussion, thus opening the door for safe and lucrative investment opportunities.
www.medicalmarijuanainc.comhttp://www.facebook.com/mjnainc
About PharmaSphere Systems, LLC:
PharmaSphere Systems, LLC is a biotechnology company that owns a perpetual worldwide license to utilize TerraSphere Systems technology to produce high-value, plant-based biocompounds for pharmaceutical, cosmeceutical and nutraceutical markets. Using the TerraSphere System allows PharmaSphere to achieve full environmental containment and controlled growth conditions, which result in increased production and reduced per-unit costs compared to traditional production methods. The use of the TerraSphere growth system also gives PharmaSphere Systems, LLC a market advantage through the unprecedented level of control and trace capabilities.
About TerraSphere Systems, LLC:
TerraSphere Systems (www.terraspheresystems.com) is dedicated to building highly efficient systems for growing pesticide-free fruits and vegetables in a controlled indoor environment. TerraSphere's clean technology helps to promote the sustainable consumption of natural resources by accelerating plant production and maximizing crop yields, while improving environmental footprints through the reduction of carbon emissions and fuel use associated with traditional crop production and distribution. TerraSphere's unique, environmentally and socially-responsible business model help to facilitate job creation and diverse, community-based workforces. TerraSphere believes its technology can potentially revolutionize access to organic produce for both remote and urban communities, alleviate land management issues for agricultural producers, and ease hunger crises for the world's growing population.
About Converted Organics Inc.:
Converted Organics (www.convertedorganics.com), based in Boston, MA, is dedicated to producing high-quality, all-natural, organic soil amendment and fertilizer products through food waste recycling. The Company uses its proprietary High Temperature Liquid Composting (HTLC) system, a proven, state-of-the-art microbial digestion technology, to process various biodegradable food wastes into dry pellet and liquid concentrate organic fertilizers that help grow healthier food and improve environmental quality. Converted Organics sells and distributes its environmentally-friendly fertilizer products in the retail, professional turf management, and agribusiness markets.
Investor Relations Contact:Equiti-Trend Advisors, LLCCarmel Valley Center II11995 El Camino Real, Suite 301San Diego, CA 92130(800) 953-3350www.equititrend.com
SOURCE Medical Marijuana Inc.
SO, WHO GOT SCREWED TODAY?
Not something that anyone should relish, Jim was a great guy and very straight forward with me when I first came aboard, tried to put together a get together with him when he was passing thru AZ but he was only here for a day or so and he decided to get back home, not long after that he was gone...
Me too, rest his soul...
It's the Long and Winding Road my friend!
He's corrupted me with his wit and sparkling charm, NOT!
Thanks CC!
L U S I in the sky with Zirconia...
Wow, think of how much money I could have made by spamming 10,000 posts! I'm in the wrong business!
WOOOOOOOOO, Just Noticed! 10,000 $toney posts, a milestone! Weeeeeeeeeeee!
Many of the "some" have learned how to get around the rules just enough to stay outta jail...and "some" slip and end up in the brig. I even had one approach me about pay per post but told him not my style...
SAGE looking good this week, up over 20% from the low this week...nice!
I see that I hadn't PM'd you CC, why? got me, you now have 73 marks.
The jailhouse could hold them all, thing is, the powers to be are in bed with many of them...
OK, Hello CC, long time no talk! I know, she's a friendly!
Saw that the other day Ernie, scammers and spammers deserve all they get for screwin people over....
You're most likely right CC. Just another thorn in the side of the trader who wants to make a few bucks and then buys into these scams. I didn't bite on this turd, figured it would be this way... Thanks, GLTU!
Thing is, I never gave this turd my email address, spammin POS!
FLD Email??? Down -24%.
Good morning yall,I have a very, very special play fer all of you. It is tha SQUEEZE PLAY OF ALL SQUEEZE PLAYS! Youhave never been a part of anything like this play, I can assure you. If you take part in this play,you will remember this email n date forever. Tha gains that will materialize fer you will beenormous! Here are tha details: This company has a public float of less than 2 million shares n tha short interest is through tharoof with ova 9 million shares. I'm sure you know what that means. Tha demand will be so highthat tha shorts will be forced to cover. This is NOT A FLIP PLAY!! Flipping this play will onlykill tha run, n this mofo can n WILL run. I REPEAT....WIIILLL RUUUUUUNNN BITCHES!!!!!!!This is aBUY n this is a HOLD. This can eaaaaasily be a 10 bagger, n that... truly... is anunderstatement. Tha market makers will not know what hit them! Here's the ticker: L U S I Yehaaaaaaaaaaaaaaaaaaaaaaawwwwwwwwwwwwwwwwwwwww!!!!!!!!!!!!!!! Mama
That's right, straight out of the book "How to Completely Destroy a Penny Stock in 3 Easy Steps!" 1. Heavy Promotion 2. Heavy Promotion 3. Heavy Promotion
KMAG -23%, stinky!
ATYG -72%, Promoed Death Spiral!
Revised: "Promos are like a box o chit, ya always know what you'll git...screwed!"....$toney Gump
I like to see all the excuses why promo plays don't move...accumulation, consolidation, bidwhackers and the like... all a bunch of BS excuses to help them dump on the newbs... when will they learn..NEVERRRRRRRRRRRRR!
mama gets the axe: http://investorshub.advfn.com/boards/profilea.aspx?user=296240
Big Twitter push on ATYG tomorrow, we'll be watching closely...
hahaha! and master of none....
Mornin buddy! That's my seasonal trading style = not much time for trading and most of my time ROCKIN! Have a great week P!
MG, thanks for that post, excellent info! Gotta watch out for those that wanna steal our money...
I'm running a Fire Sale this morning. BUT WAIT! If you get one $toney Mark, he'll throw in another absloutely FREE, and all you have to do is pay for shipping. That's one for .50 and a modest $9.95 shipping charge for the 2nd mark! GET SOME TODAY! Call 1-800-STONEMAN Today!
WAA, WAA, WAA...if you don't mark me I'm gonna unmark you....WAA, WAA, WAA...if you mark me it will have to be on my merit and contributions to the cause....WAA, WAA, WAA...in order to get my mark for you, you'll have to prove to me that you are worthy of the $toney Mark...WAA, WAA, WAA...AND NO INDIAN GIVERS!!!!!!!
EMAIL: PUMPs & dumpS
Red Flagging DANGERS In The Penny Market
Don't Let UFood Have UFooled
At first glance, recently commenced Pump & Dump subject, UFood Restaurant Group (UFFC), one of the few real businesses out there that is being PnDed, looks like impressive, what with 4 company owned restaurants, 4 franchised out locations and two more to come. Upon closer analysis, however, one can see why the insiders are resorting to a Pump & Dump in order to cash up. This thing is a sinkhole.
Since going public at the beginning of 2008 via a reverse merger, UFFC's share price has dived 95%, as the stock has been diluted and preferred shares issued in lieu of millions of dollars in debt. At last report, approximately 40 million shares of common stock were issued and outstanding, however conversion of the Series "A" preferred stock alone, doubles that number. In fact, we wouldn't be surprised if this Pump & Dump was designed to relieve debt holders of some of their stock in order to recover at least some loan principle. We'd expect that reported number of shares issued and outstanding to jump substantially with the filing of the company's next 10-Q.
With a virtual 80 millions shares out there, UFFC is currently boasting a market cap of over $8 million. Even though the company has $1.2 million in the bank, it owes about $2.5 million and experiences operating loses at the rate of $4 million annually. These are not exactly numbers that give us a warm and fuzzy feeling. In fact, we're not sure how the company can survive with this burn rate and it certainly can't without further dilution of its stock.
Most disconcerting about UFFC's precarious financial situation, is its inability to pay out dividends to its preferred shareholders. These creditors could eventually bring the hammer down and force the company to grant even more power, shares and other concessions in order to stave off bankruptcy. Just say no to UFFC.
Tout, BedfordReport.com continues to pound the table on Stevia Corp. (STEV). We'll remind you that the last time they worked a Pump & Dump so hard was for Nyxio, Inc (NYXO), which is now down 70%.
As of today's opening, the SEC has suspended trading in the following issues: RMDT, RKWL, SMRK, SDGM, STAX, SCLL, SUFH, ROVC, RSGC, RFDS, SSVG, SCEY, SNMO, SBET, SWME
Since Tuesday's close:
PennyStocksFinder.com and at least 2 other paid touts have been promoting IFCR in conjunction with a new, but repeat Pump & Dump campaign.
XtremePicks.com and at least 1 other paid tout have been promoting BRYN in conjunction with a new, but repeat Pump & Dump campaign.
PennyStocksNewsletter.info has been promoting GEFI in conjunction with an ongoing promotion.
StockExploder.com and at least 3 other paid touts have been promoting GCLL in conjunction with an ongoing, long term Pump & Dump campaign.
TopStockAnalysts.com has been promoting LOGL in conjunction with an ongoing, long term promotion.
PennyStockAlley.com and at least 9 other paid touts have been promoting CSOC in conjunction with an ongoing Pump & Dump campaign.
OurHotStockPicks.com and at least 1 other paid tout have been promoting BZYR in conjunction with an ongoing, Pump & Dump campaign.
StocksGoneWild.com and at least 1 other paid tout have been promoting UFFC in conjunction with an ongoing, Pump & Dump campaign.
BedfordReport.com and at least 1 other paid tout have been promoting STEV in conjunction with an ongoing Pump & Dump campaign.
StockStars.net has been promoting LSTG in conjunction with an ongoing, long term Pump & Dump campaign.
We continue to present PumpsandDumps.com as a free public service. We do not short stocks. Never have. Never will. Anybody who says otherwise is just a liar. Period.
Be careful out there!
www.pumpsanddumps.com
You just earned it buddy, I marked you again, don't know if it will take though. An Unpersonmark Board is one of your best ideas yet! Let's see if admin will go for it! I wanna be an asst mod! Weeeeeeeee!
I'd like to give you #225, but you have to URRRNNN IT! I don't just hand them out like so much dirty laundry my friend!
IT'S ME! DAVE! NOW OPEN UP THE GD DOOR! WEEEEEEEEEEEEEEE!