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Again, how hard is it to manipulate the chart when you are holding 80% of the float?
It's totally meaningless in this environment.
HEY!!! A COMPENSATED SPOKESEGG!!!
Now there's a new twist on and old pump (and dump).
WoW that must have added at least $200 to the bottom line.
Yea about the time gunther issues another 75,000,000 unrestricted shares to pay off his $2,000,000 debt, it's gonna get nasty around here.
Gee, you should contact the transfer agent and see how many shareholders of record you can find.
At this point I think it's 12.
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It would appear someone started paying these guys in mid-December. I wonder who it was..........
Wow, what a surprise.
I sure hope nobody's trading on insider information....
ROTFLMAO!!!!!
Actually I was wondering how it is that a stock trades 25% of the float with no form 4's.
Of course if you issue 35% of the companies stock to 5 seperate entities then that kind of covers the 10% loophole.
In addition to the registration exemption loophole you've got the makings of an excellent pump and dump.
Looks like you just ran your last reverse split gunther.
good riddance.
Still down over 50% since the reverse.
At least take all your profits out now.
Oh wait, if you actually SOLD 100,000 shares we'd be back at $0.02 again.
Yep, kinda makes ya wonder where all those "buyers" are coming from.
How hard do you think it is to manipulate the chart on a stock where you already own 80% of the float?
Well, math can be hard.
There were ~ 1,250,000 shares in the public float after the reverse split.
There were ~ 875,000 shares traded from the reverse split to mid January.
There were 5,000,000 unrestricted shares issued to the group of 5 and 10,000,000 shares issued to the View BOD.
THERE HAVE BEEN NO FORM 4 FILINGS INSIDER TRADES SINCE OCTOBER.
So the float must be ~ 6,000,000 shares. So how does someone "accumulate" 10% of the float in one day and only move the stock price by 20%?
It's simple, THEY DON'T.
They put in an order to sell 300,000 shares at .10, there is no obligation on the market makers part to file at the best bid/ask, "they" then put in a buy order for 300,000 shares at 0.11 and the trade takes place between those two acconts.
So they didn't buy 300,000 shares they just added $3000 to the account.
Now they sell 10,000 shares (which cost them 0.02 each) to someone like you or me for 0.11 each because we saw all the volume.
At some point panic buying will get the frenzy to $0.25 or $0.35 and they will just dump the remaining 4,000,000 shares and walk away.
CALL THE TRANSFER AGENT. ASK FOR THE PUBLIC FLOAT NUMBERS
AS THE SCAM COLLAPSES THE TRANSFER AGENT WILL BE INSTRUCTED TO STOP RELEASEING THAT INFORMATION OR THEY WILL START CHARGING $10-$20 EACH TIME TO DISCOURAGE DISCLOSURE.
Oh, I'm sure there are enough pump sites gearing up already.
ROTFLMAO!!! Recovered??? In case you haven't noticed they are still selling shares to operate and have done NOTHING to alleviate the $2M debt they still hold.
Oh wait.. they did sell 5,000,000 shares to take care of $250,000 of it! HAHAHA!!!!
So if you buy 3,000,000 shares for .10 in one account then sell them to yourself for .11 in another account and sucker some some smallfrys into picking up 5,000-10,000 shares each on the pump....
How much money do you walk away wiht when you short sell your 5,000,000 newly issued shares for and drop the price back sub-penny?
Down 68% since the 1 for 80 reverse split that wiped out all the shareholders except gunther.
I just checked the last 1000 emails that lebed sent me.
No mention of vsym.
I guess lebed didn't want to tarnish his reputation by entering into a scam this obvious.
If history repeats itself, 0.01 in June.
Technology development???? ROTFLMAO!!!!!
So suddenly a failed business venture from ten years ago is a "must have"???
HAHAHAHAHA!!!!!
It's a pump and dump, plain and simple.
Add up the volume, look at the float, who's sitting on 5 million shares @ $0.02?
They are buying up the rest of the float to pump it and churning the stock to give the illusion of volume.
It will be sub-penny and on the pink sheets at the end of the year.
The point is that the 400 shareholders who invested the last $20,000,000 into view have a total investment currently worth $150,000.
ITEM 1. Description of Business
View Systems, Inc. (the Company) is a development stage Company,
incorporated under the laws of Florida, on January 26, 1989, under
the name of Beneficial Investment Group, Inc., changing its
name to BIGI, Inc., on July 21, 1998, and to View Systems, Inc.,
on September 22, 1998.
http://idea.sec.gov/Archives/edgar/data/1075857/0001075857-99-000003.txt
10 years later...............
Retained Earnings (Deficit) (20,683,602)
http://idea.sec.gov/Archives/edgar/data/1075857/000102317508000201/viewq3.htm
Ever heard of Richard Nixon?
It's a pump and pump.
They'll probably have Lebed sending out emails soon. ROTFLMAO!!!!!!!
Wow, only down 75% since the reverse split.
Perhaps that means they just moved the printing press over there.
Let us not forget that this is the same clown that thought a 1 for 80 reverse split was the answer to the financial disaster this scam company has become.
The next logical step in the pump and dump is to announce huge orders from dubious entities that ALWAYS turn out to be direct afffiliates of the company and ALWAYS fail to consumate the order after the shares are sold into the press release.
What's today? Jan 28th... We'll revisit this topic in June.
oh I thought you were helping gunther with the in control pump and dump
I still find it hilarious they have a picture of him over there but not over here.
perhaps we could photoshop some stripes on his shirt......
ROTFLMAO!!!!
has the potential to generate as much as $325,000.00 in profit during 2009.
SURE IT DOES SHEMP!!! HAHAHAHAHA!!!!!
Of course we still have to wonder why 30% of the press release is a safe harbor statement.
COME BACK WHEN YOU'VE ACTUALLY EARNED A PROFIT!!!
HAHAHAAAHAHA!!!!!
And another gentle pump and dump slips by.......
Based on the closing price of our stock of $0.0009 on September 30, 2008, we would have to issue to Brittany 16.7 billion shares of our common stock in order to draw down the entire $15 million available to us
yes, that's Billion
I thought you were part of the incl gang.
No?
So how did you get duped into this scam?
Newsletter?
Cold call?
240,000 shares and back at a penny.
I'll bet the guy who bought 250,000 at a nickel last week is home kicking his dog about now......
yea, that about sums it up.
unless of course you always knew it was a scam and are just working the pump and dump which is what i expected from your affiliation with the other board.
Parry, since you obviusly don't understand how stocks work.
We are writing to advise you that we intend to undertake a 1 for 80 reverse stock split of our issued and outstanding common shares. This action was approved on May 23, 2008 by our majority shareholder Mr. Gunther Than by written consent. Therefore, no further votes will be needed. The action is not effective until appropriate documents are filed with the State of Nevada Secretary of State’s office. We anticipate an effective date for these actions of October 8, 2008, or as soon thereafter as practicable.
http://idea.sec.gov/Archives/edgar/data/1075857/000102317508000171/def14crver2.htm
I have the "FAX" straight because that is how I voted for the increase.
You like all pumpers think that you can discredit those of us who post the facts.
Too bad the SEC records everything.
Didn't happen?
Have you ever heard of the internet?
http://idea.sec.gov/Archives/edgar/data/1075857/000102317506000121/viewpre14c.txt
View Systems, Inc.
1550 Caton Center Drive, Suite E
Baltimore, Maryland 21227
Telephone: (410) 242-8439
INFORMATION STATEMENT
This information statement is being furnished by View Systems, Inc., a Nevada
corporation, to the holders of our common stock. On April 24, 2006, our Board
of Directors proposed that our articles of incorporation be amended to
increase the authorized common stock to 250,000,000 shares. On April 24, 2006
stockholders holding a majority of our outstanding shares executed and
delivered a written consent approving and adopting the amendment to our
articles of incorporation that will increase our authorized common stock. As
a result, the amendment to our articles of incorporation was approved by a
majority of the voting power in lieu of a special meeting of stockholders and
no further votes will be needed.
THE SCAM IS STILL ALIVE!!
Why would I move on?
Has shemp decided to stop cheating the shareholders?
I think there are still plenty of people who need to be warned about this.
Look in the ibox, do you see any mention of the reverse split?
Do you see any mention of the nucap scam at nucon?
Do you see any mention of the entire annual revenue stream in 2007 being applied to a lebed pump and dump scheme?
That's an absolute lie,
he had shareholder approval to do the increase to 200M shares because he already held over 50% of the voting stock by virtue of his preffereds with 15 votes per share.
How on earth do you think he got approval for the reverse split?
ROTFLMAO!!!!!!
Wow, there's some fluff and feel good news to bilk investors. Not a shred of financial data (isn't that why we buy stock)?
gunther is such a scam bag he's trying to use returning American Heroes as an advertising campaign.
I've been bashing it since it was $1.20 a share, what else would you expect me to do now?
If shemp had even a shred of common human decency he would sell the hnipu license to his one and only customer, distribute the cash to the current common holders as a dividend and close his scam compnay down.
He won't though, he'll continue to pay himself a salary that is 4X revenue, file a bunch of SEC reports to get back on the OTCBB, issue the remaining 500,000,000 shares to do it then do a 1 for 1000 reverse split.
I'll start the clock today.
2006??? ROTFLMAO!!!!!
377,000,000 shares already
I guess he isn't happy printing pink sheet shares, too hard to move
better stretch that $100,000 HAHAHAAHAH!!!!!!
oopss that would be $43,000 right?