Premier Investment Properties, Inc (PIPI)

[Cassandra]

Ken Ash attracts investors by bringing them into his SCG inner circle and feeding them supposedly inside information including strategies to increase a share price, such as the PIPI (fka ANWM) "float lock-down" scheme. The PIPI/ANWM scheme was actually working with the share price increasing until the SEC suspended the stock. Ken Ash was pumping it when there was no current public information.

However, he didn't learn his lesson. Through a lawsuit filed by shareholder William S. Miller, an elderly man who apparently trusted Ash, Ken Ash was appointed temporary custodian of IDCN tasked only with holding a shareholders' meeting to elect a new BOD.

Instead of fulfilling his court-appointed duty, he appointed himself president, made corporate changes and personally touted as well as allowed professional promotion of IDCN, which also had no current public information -- in fact, IDCN had never filed any financial or disclosure statements in its 17-year history. He has never publicly commented about the suspension of IDCN.

It was unbelievable that he didn't anticipate regulatory action given what happened with PIPI/ANWM and what was concurrently happening with dozens of other stocks that had inadequate or inaccurate public information.

It's hard to believe anyone would still have faith in him. I suspect he is skilled in the art of confidence tricks.