OK,...maybe not a 'Going out of Business' flyer,...

Maybe a 'We Need Money Fast' flyer,....

or a...we 'Need to Pay Legal Fees' flyer....

Sounds like a "Going out of Business" - "Firesale" to me.

Reasons being what Misterbull said:
All the ducks in a row.


SLJB is a scam. SLJB management lied. SLJB management sold shares for their own personal enrichment while lying to SLJB shareholders. SLJB management put 7.8 Million dollars in their own personal accounts or the accounts of companies they control. This is truth. It will be proven. SLJB will not eventually recover. After ALL assets are used to finance the scam artist's lawyer fees, SLJB will probably file for bankruptcy. AIMHO. - Misterbull

LOl,....I can't tell you how I those those pictures.

Flyer's sent out, hmmmm, sounds familiar, like the early days of those pump faxes.

The pump is still in progress it seems.

Very Well Put.

Bankruptcy seems inevitable.

Jim-

It's so difficult to beat these facts into their brains.

You can talk or post till your blue in the face, and it won't be till they've lost every red cent that it finally sinks in.

And then after that,...they'll still be no thanks for trying to warn them. The pumpers are telling them what they want to hear, and we all know how everyone likes that, so for now the pumpers are their heros.

On Monday, if the news is bad, they'll wish they got out today & listened.

I'll answer if I may,....no,... he won't be allowed to keep any of the money, a deal would also include fines, and I'm sure they would make them in the ballpark of what he stole.

What they really should do is make a victim's fund.
Maybe we should put liens on his property, that's an idea too...

Who wants the black Range Rover...? LOL

Your probably right.

I'm thinking they knew about his shady background, and thought he would be an easy fall guy. They used him to put his name on all the lies, and false statements, so all the blame would be turned to him. Could be a theory, or maybe he did it all himself. After all, he went from a painter to a CEO in a day.
How many painters can do that.........

I guess we find out next week.

I wonder if the guys in the 'Big House' will like Pete?

We should forward his pic there so they can get excited about him coming,....fresh meat. lol

deleted

I wonder if the guys in the 'Big House' will like Pete?

We should forward his pic there so they can get excited about him coming,....fresh meat. lol

LOL,...I'm in total agreeance.

Black Pete- possibly to be Black & White Pete.

Should be interesting to see who is going to be pointing the finger at whom, and who's gonna sell who out.

Wish I could be a fly on the wall at that hearing.

Hope they're all led out in shackles.

Pump and Dump Schemes


"Pump and dump" schemes, also known as "hype and dump manipulation," involve the touting of a company's stock (typically microcap companies) through false and misleading statements to the marketplace. After pumping the stock, fraudsters make huge profits by selling their cheap stock into the market.

Pump and dump schemes often occur on the Internet where it is common to see messages posted that urge readers to buy a stock quickly or to sell before the price goes down, or a telemarketer will call using the same sort of pitch. Often the promoters will claim to have "inside" information about an impending development or to use an "infallible" combination of economic and stock market data to pick stocks. In reality, they may be company insiders or paid promoters who stand to gain by selling their shares after the stock price is "pumped" up by the buying frenzy they create. Once these fraudsters "dump" their shares and stop hyping the stock, the price typically falls, and investors lose their money.

This may be useful for some that are still holding on by a thread.

From the SEC website.
They say, always be skeptical, I think many are beyond that here.

Pump&Dump.con:
Tips for Avoiding Stock Scams
on the Internet
One of the most common Internet frauds involves the classic "pump and dump" scheme. Here's how it works: A company's web site may feature a glowing press release about its financial health or some new product or innovation. Newsletters that purport to offer unbiased recommendations may suddenly tout the company as the latest "hot" stock. Messages in chat rooms and bulletin board postings may urge you to buy the stock quickly or to sell before the price goes down. Or you may even hear the company mentioned by a radio or TV analyst.

Unwitting investors then purchase the stock in droves, creating high demand and pumping up the price. But when the fraudsters behind the scheme sell their shares at the peak and stop hyping the stock, the price plummets, and investors lose their money.

Fraudsters frequently use this ploy with small, thinly traded companies because it's easier to manipulate a stock when there's little or no information available about the company. To steer clear of potential scams, always investigate before you invest:


Consider the Source (Ummmm, Petar!!!)
When you see an offer on the Internet, assume it is a scam, until you can prove through your own research that it is legitimate. And remember that the people touting the stock may well be insiders of the company or paid promoters who stand to profit handsomely if you trade.

Find Out Where the Stock Trades
Many of the smallest and most thinly traded stocks cannot meet the listing requirements of the Nasdaq Stock Market or a national exchange, such as the New York Stock Exchange. Instead they trade in the "over-the-counter" market and are quoted on OTC systems, such as the OTC Bulletin Board or the Pink Sheets. Stocks that trade in the OTC market are generally among the most risky and most susceptible to manipulation.

Independently Verify Claims
It's easy for a company or its promoters to make grandiose claims about new product developments, lucrative contracts, or the company's financial health. But before you invest, make sure you've independently verified those claims.

Research the Opportunity
Always ask for — and carefully read — the prospectus or current financial statements. Check the SEC's EDGAR database to see whether the investment is registered. Some smaller companies don't have to register their securities offerings with the SEC, so always check with your state securities regulator, too.

Watch Out for High-Pressure Pitches
Beware of promoters who pressure you to buy before you have a chance to think about and fully investigate the so-called "opportunity." Don't fall for the line that you'll lose out on a "once-in-a-lifetime" chance to make big money if you don't act quickly.

Always Be Skeptical
Whenever someone you don't know offers you a hot stock tip, ask yourself: Why me? Why is this stranger giving me this tip? How might he or she benefit if I trade?

Hopefully, this will be PV & his crew very, very soon.

This article proves there are "pump & dumps" being run all the time,
just like this one was.

~This is where the 'pumping' comes in~
Beware of pumpers everyone, they are the ones who assist people like this.

21 August 2006

Married couple charged with $1 million stock spam scam

Jeffrey and Janette Stone are accused of artificially inflating stock prices by sending spam emails.Experts at SophosLabs™, Sophos's global network of virus, spyware and spam analysis centers, have warned users to be wary of emails offering unsolicited financial advice as a married couple are charged by federal regulators with making $1 million through a stock market pump-and-dump scam.

42-year-old Jeffrey Stone and his wife Janette Diller Stone of Greenwich, Connecticut have had civil fraud charges filed against them by the Securities and Exchange Commission (SEC). The two are accused of buying 288 million shares of WebSky Inc in September 2004, and weeks later making $1 million after artificially inflating the stock price through a fraudulent spam campaign.

According to the SEC, spam emails sent by the Stones stated that WebSky would have an annual revenue of more than $40 million because of a successful venture in Argentina. In reality WebSky was a start-up company with no revenues. The emails caused the firm's stock price to rise more than 300%, according to the SEC, with 234 million shares being traded. WebSky had forbidden the Stones from sending the emails, and told them that the Argentinian deal was not viable.

"Pump-and-dump stock campaigns work by spammers purchasing stock at a cheap price and then artificially inflating its price by encouraging others to purchase more - often by spamming "good news" about the company to others," said Graham Cluley, senior technology consultant for Sophos. "Stock spam is becoming increasingly attractive to internet criminals because of the large amounts of money that can be generated. Private investors need to be wary of believing financial advice they receive in their inbox, because it could be designed to only benefit the criminals who spammed it out."

Sophos experts report that pump and dump stock campaigns account for approximately 15% of all spam.

Charges were also brought against Douglas Haffner, CEO of WebSky, for selling stock to the Stones in a subsequent deal without registering the sale or obtaining an exemption from registration, according to the SEC. Without admitting or denying the action, Haffner and WebSky settled by agreeing to surrender the $35,000 gained from the sale and to a permanent injunction against violations of the registration provisions of federal securities laws, the SEC reported.

"The SEC is holding officers of micro-cap companies accountable if they improperly sell shares, as they may be fuelling the 'pump-and-dump' craze," continued Cluley.

They have no choice, we would have found out anyway.
The information they reported was public knowledge
that would have come out eventually.

A little too late to be honest if you ask me.

If they had told the truth from the start, there would
be no hearing next week.

Why would they get mad,...."you guys" is a common phrase
used to address a group,....that *%$#%%^^ went
berzerk over me saying "You guys",....now, how dumb is that????

I'm not using my few posts left to argue this absurdity.

No,.....Let me correct you,...that is what "you are",
as your the one "still holding this",...NOT me.

How would you like to go to the jailhouse?
Keep it up cuz you're on your way with your personal attacks.

Don't 'YOU' tell me what I CAN or CAN'T DO,...
I can use the phrase "you guys" anytime I want!!!
You people are sooo touchy right now, and will attack anyone for the smallest thing.

Are you a female, is that your problem, if so, well, excusssse me!!!

Further more, I'll open my so-called trap here when ever I darn well feel like it,.....your a nobody here telling me what I can & can't do.

Pump away..........pumper!!!!
Ship is sinking more & more eveyday.

Don't get mad at me cuz you're holding the bags.
I said to get out fast..........

Sure she said that, what else would you think she would say.

She and others have been saying that all along, from day one.

You guys continue to amaze me everyday,...you just grasp at any hope that this may not be the scam that it is.

Sell tomorrow for a penny, or next week for a lot less.

If you wait till next week, you'll surely be selling for less than a penny.

Janeverite- Did you get it?

Jannie-

Pm me your email, so I can send you something.
Don't have PM, and only 5 posts left so I must use them wisely.

Janniebgood-

I do not have PM,....and don't know by the rules here if I can post the full name here???

The first word of the site is 'All', without saying it,...that should give you a clue, if possible, go there and sign up for an account if you don't already have one, and I will share some private things with you there which will surely blow your mind.
On that board,....I am Wit.

Post on the SLJB board, which has fallen to page two because of lack of interest, and I will pm you there with the very damaging things I have.

You are absolutely correct on this one gentric.

This was a very carefully thought out scam beginning with LFWK.
There are many signs that point to that.

The only thing they didn't think about was the very intelligent, savvy investors who are determined to not let them get away with this premeditated scam.

The people they burned, stole from, and lied to, are going to see that they get exactly what they have coming to them, that's something they can bet on.

This will be halted very soon, and whomever continues to buy, will surely be stuck going down with this scam and the con men who orchestrated it.

msskinny-

Yes,...you are 'correct'.
Everything is EXACTLY the same.

I'm talking much lower than we are right now.

I would like everyone to know that Petar was on another board posting with the name "GeeStreet".

Through several conversations and leaks,...it was discovered that it was him.
Once discovered, he did not hide the fact that he was indeed that poster and became very hostile, and verbally abusive. Very shortly after that, he was banned from the board, after he began personally attacking me as I was informing everyone who he was, and what his agenda there was. In other words, he showed his true colors, as the scammer he really is.

I see many similarities in the way a certain poster here and Petar post. I am sure they are the same person. The identity of this poster is very easy to figure out, as he has clearly been pumping this day & night, and goes after everyone that doesn't agree with him. He has already responded to me, as I have to him.

The conversation is the same in terms of the pumps, and in trying to get everyone to keep the faith, I believe that he has moved here now since being banned from the other site.

He will remain calm, till you call him out, and will get nasty if you keep disagreeing.

**Everyone needs to keep in mind that SLJB was a carefully thought out scam from day ONE,
and soon everyone will know the truth about the backgrounds of those who carefully orchestrated this scam.

They made millions, while they stole from honest hard working people, and did it KNOWINGLY with lies & false pr's.
Don't give them another dime of your money!

"THAT IS THE TRUTH"

It is a disgrace how you are continuing to
keep this scam afloat. People have lost thousands,
and still, you sit wherever you are trying to get them
to invest so they can lose more. This stock is going to crash,
mark my post,.....subpenny will be here very soon.

Clearly, you are down a lot of cash, and are looking
to drive the pps up so you can then bail, or you are
connected to the company in some way.

Stop with the very obvious pumping.

You are correct here, and I would like to add that many posters here did,
and still continue to lead everyone into the fire with false hopes.

This is done folks, take what money you have left, sell at a loss if you have to,
at least you'll walk away with something.

Something is better than nothing.
False hope will only cause you to lose what remaining you have left.

There are insiders posting on this board with an agenda,
and it is not in YOUR best interest, that's for sure.

You can candy coat-sugar coat all you want.

It's way too late for this one.

Do everyone a favor and stop trying to drag
more people down into losing more money here.

This is NOT an investment any longer.
The game is OVER, and it is high time,
these pumpers give it up.

The same goes for pumpers.

This stock will be halted, and those are are still
being talked into buying will be stuck!!!

Going to .0001, unless it's halted before then.