InvestorsHub Logo
Followers 171
Posts 20505
Boards Moderated 5
Alias Born 09/06/2010

Re: Magnetics post# 8990

Tuesday, 08/19/2014 12:45:58 PM

Tuesday, August 19, 2014 12:45:58 PM

Post# of 9014

I could not find anything regarding them...just silence



PWEI was a non-SEC reporting pump and dump. And this was not the first time it had done it - just the last time after the SEC finally shut them down. It had a long history of pump and dumps. Pump, dump, reverse split, change name, do it all again. In just 3 years it had a 1 for 500 reverse split, a 1 for 1000 reverse split, then ANOTHER 1 for 1000 reverse split.

What did you expect from a non-SEC registrant with a long history of pump and dumps with no verifiable or accurate DD available except its scamming history?