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Is Long-Vestor still around? Wonder if he was able to retire off of this stock yet....
Cover. Usually you know when you are being watched. They arrested their first guy in 2007. So he knew there was this ongoing investigation.
Are you serious?
Help alleged stock scammers fight their (frankly, very believable) case? We owe him something, whether or not he is guilty?
WHY!?!?
Matt Brown, owner of IHUB, got arrested for securities fraud.
Perhaps one of the scam stocks involved was PXCE, since it supposedly was shut down by the SEC around the time of his arrest.
This is not a stretch to postulate.
Much more reasonable than some of the other theories bandied about on this board.
That's the excuse several OTCBB stocks have been using because the books are cooked.
Legit China companies have had no problem transfering money out of China. I know because I see it appear as dividends, something scammy RM's never pay.
"Only"? He is the flippin owner! The others indicted had IHUB alisases too, multiple ones at that. This will all come to light soon.
I recognize that there are good posters on IHUB, and good info shared. But there was something fishy to me about how many scam stocks were pumped by smart people who seem like they should know better. If I name names it will be a personal attack so I wont go there.
I think so.
It wasnt a coincidence, the # of scam stocks pumped on here. That's why I stopped going for any popular IHUB stocks. This whole site was/is fishy to me. Turns out my hunch was right.
Matthew Brown of IHUB arrested:
http://www.delawareonline.com/article/20090521/NEWS01/90521029&referrer=FRONTPAGECAROUSEL
WILMINGTON -- Federal prosecutors in Delaware have unsealed a series of criminal charges and a civil lawsuit charging seven men with committing securities fraud.
The group, including one man out of Newark – Pawel P. Dynkowski – are alleged to have operated a "pump and dump" scheme on small "penny" stocks. The frauds were operated between September 2006 and September 2008 and allegedly netted more than $6 million for the participants.
In addition to Dynkowski, 24, of Newark, who also has an address in California, the criminal indictments name Joseph Mangiapane Jr., 43, of Laguna Niguel, Calif.; Marc Riviello, 50, of Atherton, Calif.; Matthew W. Brown, 26, of Aliso Viejo, Calif.; Jacob Canceli, 50 of Mission Viejo, Calif.; Gerard D'Amaro, 38, of Lighthouse Point, Fla. And Angelo "Bill" Panetta, 48, of Montebello, Calif.
Canceli and D'Amaro are stock promoters, according to court papers, and Brown operated the penny stock Web site InvestorsHub.com. (!!!!!!!!)
Mangiapane and Riviello both were representatives of AIS Financial, and Mangiapane is also CEO of Rubicon Financial, the owner of AIS Financial.
All except Panetta are charged with one or more counts of the following: securities fraud, wire fraud, conspiracy to commit securities fraud, conspiracy to commit money laundering or money laundering offenses.
I knew IHUB was in on the P&D's, Matthew Brown arrested:
http://www.delawareonline.com/article/20090521/NEWS01/90521029&referrer=FRONTPAGECAROUSEL
WILMINGTON -- Federal prosecutors in Delaware have unsealed a series of criminal charges and a civil lawsuit charging seven men with committing securities fraud.
The group, including one man out of Newark – Pawel P. Dynkowski – are alleged to have operated a "pump and dump" scheme on small "penny" stocks. The frauds were operated between September 2006 and September 2008 and allegedly netted more than $6 million for the participants.
In addition to Dynkowski, 24, of Newark, who also has an address in California, the criminal indictments name Joseph Mangiapane Jr., 43, of Laguna Niguel, Calif.; Marc Riviello, 50, of Atherton, Calif.; Matthew W. Brown, 26, of Aliso Viejo, Calif.; Jacob Canceli, 50 of Mission Viejo, Calif.; Gerard D'Amaro, 38, of Lighthouse Point, Fla. And Angelo "Bill" Panetta, 48, of Montebello, Calif.
Canceli and D'Amaro are stock promoters, according to court papers, and Brown operated the penny stock Web site InvestorsHub.com. (!!!!!!!!)
Mangiapane and Riviello both were representatives of AIS Financial, and Mangiapane is also CEO of Rubicon Financial, the owner of AIS Financial.
All except Panetta are charged with one or more counts of the following: securities fraud, wire fraud, conspiracy to commit securities fraud, conspiracy to commit money laundering or money laundering offenses.
That's been on my radar in the past, but it's a RM and doesn't pay a dividend so I won't buy it. Last China plays I got into were WH at 3.30 and NPD in the 3's. Waiting for a market pullback from this POS rally to put any more cash to work.
That was a baby bubble compared to what could happen if the big boys recieving their newly minted USDs from the greatest expansion in money supply in history decide to park it in China (they have to put it somewhere before it gets to the consumer).
I'm invested in China stocks now, in anticipation of this...just not the total blatant P.O.S. US-listed R/M ones.
I'm not sure, but the big players who are the first to recieve all this money being printed have to put it somewhere before it trickles down to the rest of us and the purchasing power is diluted. I'm going to guess they will put it where the fundamentals are (or appear to be) good. That place would be China (or back into commodities, or both). Could be a monster bubble this time.
Sure, anytime. There is a saying in China that businesses have 3 sets of books: One for the tax man, one for investors, and one for the owners eyes only.
Good Luck. I see a possible China bubble on the horizon.
What do you think of JUHL.ob? (no position)
I like the biz model, high insider ownership, Senior gobmint official on board (Wesley Clark), but haven't leaped. Can't figure out why it should command a 40 mil market cap at this point.
The 8 sure signs someone is a sheep (99% accuracy):
1 If you run around crying about the masses being sheeple, all the while you quote Alex Jones and paste links from infowars.com.
2 If you call the Perfectibilists "The Illuminati" and attribute every calamity to their machinations.
3 If you are religious.
4 If you think Ron Paul is the best, most honest politician who ever lived.
5 If you are a laissez faire capitalist who thinks all government is bad. Even democratic government.
6 If you think the powers at be are a unified conglomerate in a singular conspiracy against YOU, instead of several competing factions with their own goals, ideology and objectives.
7 If you believe in pseudo scientific bunk like Nibiru, 2012 magnetic pole-shifting, or Grey Aliens in saucers from Xenu.
8 If you think you have it all figured out. Because...you don't.
"Luciferian Malthusian Eugenicists"
LMFAO
My guess is that your knowledge of Thomas Malthus, genetics, and for that matter, Lucifer, borders on NIL.
Keep the colorful adjectives flying though. Good entertainment.
the players-that-be appear to have abandoned the "scam' chinas like a bad smell and good for them.
Just a matter of time before those are pumped again. They need some time for everyone to forget how bad shareholders got screwed with massive dilution. It will be interesting to see if any of them decide to clean up their acts and act like a good boy - paying dividends, etc.
What is your sell target?
Or is this a wait and see?
Saw this stock being advertised on Google Adsense. LOL
Sure sign to stay away if there ever was one.
Well remember that this company didn't IPO or anything, so they will be looking for dilutive equity financing; all companies go public to raise money. It's true that the inherent value won't change, but companies don't trade on inherent value during the short term, they trade on emotion. The terms of this upcoming RS will probably be a harbinger to their future attitude toward shareholders when constructing the terms of financing deals.
I agree with your sentiment...There are rapidly growing, more respectable companies right now at low P/E's like this one, that also pay a 10% yield. No need to park money here given the opportunities elsewhere. I even have my doubts I'll buy back in, but we'll see what happens. China RM's -uplisted ones- left a bad taste in my mouth for foreign RM's. They really went on a share-printing spree and never pay a divi or do anything the shareholder-friendly way.
Excellent post.
So what is your current position on VBDG? Are you buying more now? Holding? Lightening up your position?
Brigg, are you buying at these "bargain" prices?
I wonder how Rahm feels about all this, lol.
In the 60's there was a design developed for nuclear pulse propulsion, which would allow vehicles to travel up to 10% of the speed of light. It was "officially" abandoned because it would produce toxic radiation in the atmosphere. Well, if you consider the possibility that Black Ops really doesn't give a hoot about the environment, then it could make sense that they actually produced the vessels and kept it secret. Remember it was the Germans in WWII who invented our basic Stealth fighter technology so this kind of stuff can remain under wraps for along time. One of the interesting features of nuclear pulse was that the bigger the vessel, the more feasable it was. In that aspect you could have an explanation for phenomena like the Phoenix lights.
Other legit UFO sightings exist too, but I highly doubt it is aliens, much more likely just very advanced, secret technology. During the cattle abductions out west, farmers saw military men outfitting helicopters to look like flying saucers, lol. I think the alien stories are planted diversions to keep people from knowing about some very cool tech that is kept under lock and key.
Regarding the landing strips, see my response to bbotcs:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36424480
Mr. Cooper was severely mislead about several things -for example the whole UFO theory which he later changed him mind about- but he took a calm measured approach to things. Plus he called Alex Jones out for being the shill that he is.
You're right I don't feed from the propoganda trough, and I like to play devils advocate for both sides. There is plenty of propaganda on the conspiracy theorists side of things, probably moreso than the MSM. Alex Jones and his fellow COINTELPRO British counterpart David Icke are case studies in this.
Usually the more shrill someone is, the less they really know. Those who tell don't know and those who know don't tell.
BBOTCS: OT
Who said they had to be for ET's?
Why not just people? Pre columbian ancient gold toys:
http://www.daniken.com/pics/evdcdrom/B081.JPG
http://www.2atoms.com/images/weird/ancient/plane/sar_7gpl2.jpg
http://www.ceticismoaberto.com/imagens2/jato1.jpg
Google Alex Jones and John Gray, and find out what he did. (I happen to think John Gray was a kook too, but that doesn't excuse Alex)
Alex Jones is an egotistical would-be tyrant. Crazy religious nuts ranting about satanic plots and 2012 and cosmic awakenings is exactly the face the hypothetical powers at be would like to put on those seeking truth. In the 60s the CIA sponsored far left wing magazines in Europe (and even commited false flag attacks in Italy!). Why? To keep the far left from becoming all the way communist. They would take the movement 80% of the way there, then intentionally stall on the tracks. Standard COINTELPRO. Don't think for a second that all that covert domestic activity just "stopped", when they have every anti war protesters on terror watch lists and monitor the skies with insect robots: http://www.washingtonpost.com/wp-dyn/content/article/2007/10/08/AR2007100801434.html
This is what really happens to people who know or find out too much or are a threat to the official story:
http://en.wikipedia.org/wiki/Danny_Casolaro
http://en.wikipedia.org/wiki/Frank_Olson
http://en.wikipedia.org/wiki/Jack_Ruby
http://en.wikipedia.org/wiki/Deborah_Jeane_Palfrey
http://en.wikipedia.org/wiki/Martin_Luther_King,_Jr.
http://en.wikipedia.org/wiki/Bruce_Edwards_Ivins
http://en.wikipedia.org/wiki/Milton_William_Cooper
http://en.wikipedia.org/wiki/Malcolm_X
http://en.wikipedia.org/wiki/Robert_F._Kennedy
If the conspiracy guy you listen to is a religious nut who rants and raves about apocalypse and doesn't tolerate differing opinions then you can just scratch him off the list of people to pay attention to.
I've read the writings of David Rockefeller and Brzezinski, unfiltered by the likes of Alex Jones or the Scientology friendly website Prison Planet.
My personal interpretation of world events involves a lot of conspiracy, as well.
But, IMO, you should work harder to filter the disinfo from the real info. A lot of chaff is put out there with the wheat to make truth seekers look like crazies. People that parrot Alex Jones and believe in Nibiru, Satanic plots, and 2012 causing pole shifting make the rest of us look bad.
Alex Jones has admitted he was asked to "join the dark side". Then ask yourself why is he rich and others are dead?
LOL, right.
And the Y2K bug caused nuclear holocaust as computers fizzled everywhere. Just as Alex jones predicted.
Commodities will trend up again as the dollar gets devalued and nations spend a lot on infrastructure to stimulate their economies. The deflation of the commodity bubble was a side-effect of the collapse of the real troubled sector. Hedge funds in danger from the credit bubble needed somewhere to put their money so they put it in the last bull market left, commodities, inflating the bull market to a bubble.
Who knows if commodity recovery will come in time for AYSI or not, but there are certainly worse places to put your money in this recessionary environment, such as debt-laden consumer discretionary companies with dubious upwards scalability, and little light at the end of the tunnel for THAT bear market.
I am not buying AYSI yet, but it has good potential reward to go with the risk. Unlike some other troubled companies.
The only person getting "thwap'd" is anyone who buys PXCE shares.
thwap thwap thwap thwap
Screw me harder, Screw me harder!
I'm sure they are. I'm not concernered about Cavico "the company", in the least.
My concern is what they plan on doing to their share structure, Cavico "the stock". That's why I sold...will be keeping an eye on it though. Maybe after they RS and uplist I'll buy back in.
Alex Jones....there's another nut for you. In 1999 he was going hysterical about Y2K, saying it would lead to nuclear holocaust. lmao
If he were really a threat to anything he'd have been Danny Casolaro'd ages ago.
She had some good opinions I agree with, I'm not the type to throw the baby out with the bathwater, but her advocation of laissez faire capitalism of the most extreme kind is misguided. She was an apologist for robber barons. That is why Dick Cheney, Wolfowitz, Kissinger, Greenspan, and the rest of the neocon cabal love Ayn Rand. That is not me speaking for them, look it up, they are all big fans of Rand. Obscene private profits for everything!! Don't worry about abuse or fraud, the market will take care of it in time! bwahahaha
A shuckster's dream come true.
Oh heavens, who on earth could live on that income?
lmao
If PJTV viewers consider themselves "going Galt", then they have a poor understanding of their own idol Rand's work.
The point of Atlas Shrugged is not that YOU or ME (and certainly not a PJTV viewer) is John Galt. lol
LOL...But they have a purty website and awesome bio's!
hahaha
Another day, another dollar lost in PPS.
I agree, and I dumped my shares today. Good time to cut the losers during a rally while your winners are up so you can catch them again if they dip with the added liquidity. Fortunately CVIC had its rally during this bear market rally so it was a no-brainer for me.
I do think a reverse split is necessary for this company to get anywhere. But I'm not going to wait and see if they take care of me the shareholder while they do it. A 1 for 60 RS would be devastating. Plus you know they will look for equity financing when they can.
The argument is for government enforced transparency in the private sector. As with most message board discussions, it grew to encompass more.
"we are the most philanthropic country in the world."
Most of our foreign aid goes to Israel. And to Egypt and Jordan, in return for being nice to Israel. It's not philanthropic foreign aid.
"There will always be poor. There will always be homeless. Why people believe that more social programs and entitlement programs is the answer to our problems is beyond me. "
Yeah, so just screw them all! stupid poortards...Gee whiz why don't they all just get a job? Apparently you skipped the part about most homeless ppl being mentally ill and/or physically handicapped.
"The majority of these people, as nasty as it sounds, contribute minimally to our economy except as consumers. "
Homeless ppl are consumers? If you are instead refering to just the lower end of the economic spectrum -not homeless people- I might remind you that the US is a consumer society. MOST of us are "just consumers". Believe it or not, not everyone in this country has the opportunity to make 250k. McDonalds and Wal Mart need workers. Don't demean those people because they are not paid well by your standards. Financial engineers got paid very well and they have massive NEGATIVE contributions to our economy. I'll take more homeless people getting off drugs and working at Mickey Dees than a new crop of Fin engineers making new bonus scams and bailouts any day of the week.
"Let me ask you, the next Sunday morning after you wrote the check to the Gov't for the extra 2% of your income they decided to tax are you going to put as much into the donation tray?"
The only thing I donate is my time (volunteering at soup kitchens, etc). Why? Because most charities are out and out SCAMS. Many only have to donate 15% of received funds, others none at all. Didn't you hear about the United Way scandal? Every rich person worth his salt has a non profit charity they use to funnel money through. Why do you think Bill Clinton charges his speaking fees to his nonprofit? Tax free money.
With government, at least the public can FIRE the incompetant actors. Some countries in Europe have zero of what we call poverty (Denmark, for example). Why? Because of effective government social programs.
"The government and bleeding hearts did a big part in creating this mess by forcing the banks to make NINJA/subprime loans requiring no assets, income, etc of the lendee's."
The banks bent over backwards to make those loans because they could securitize them into being 30x their value, and sell them to anyone naive enough to buy them, especially foreign banks. The government didn't force them to do hardly anything. The GSE's obviously have their share of blame (not as much as the conservative movement's Wall Street darlings, the Kudlow crowd who said subprime crisis was almost over in the beginning of 08) but much of the problem with the GSE's was the fact that they were private institutions bastardized with government sponsorship, leaving no check or balance, greasing their overseers with money.
Also, the major losses were NOT in mortgages. The huge writedowns all came from derivitaves put together by the best and brightest of our private sector. Levered Credit Default Sweeps based on faulty risk models created the black hole.