From P&D today...
Best Damn Penny Stocks current Pump & Dump project is Allerayde SAB (ASAB), a rewashed, rerinsed and repeated scheme that was formally known (and pumped) as Resource Exchange of America (RXAC). Needless to say, RXAC lightened many a wallet, while fattening those belonging to the insiders including the ones we will talk about here. We've already discussed the history of this extremely dirty ticker in an advisory last week, so we won't rehash any of those details except to say that as of this writing, it is still three years since the company last issued a press release under either ticker.
What should concern investors and flippers alike is the connections that could render this ticker worthless sooner than expected, as the possibility of an SEC or FINRA imposed trading halt is very possible. Together these connections verifiably owned 99% of ASAB free-trading stock on September 19, 2013, when trading began in earnest.
