Nexus Biopharma Inc. (fka NEXS)

[sjr757]

This for anyone who thinks Traders Choice and their latest pump/dump (NEXS) is legit:
1. June 9 2016 NEXS issued 7,192,980 shares (10 percent ownership of NEXS) at par value $0.001 per share to Crocus Bay Ventures LLC.NEXS began trending up the following week.
2. Crocus Bay is run by Matthew I Balk.Matthew I Balk was indicted back in 2000 for securities related marketing fraud. Apparently he has been playing this game for a very long time.
3. There are all sorts of ties between Einstein Medical (second largest holder of NEXS) and NEXS. Looks like Einstein was issued stock on June 9 2016 as well, and like Crocus Bay Ventures, is a 10 percent owner. Nice arrangement, executives at Einstein make some money for their program "research" and NEXS/Traders Choice, etc ... gets to use the Einstein name in their marketing scheme.
4. Warren C. Lau (CEO of NEXS) had a similar arrangement with Einstein Medical at his last company MetaStat, Inc. These guys like to keep it in the family and it's not their first rodeo - rinse, wash, repeat.

Consider yourself warned - if you are in, get out now. If you are out - stay far away.

Ref:
1. https://www.sec.gov/Archives/edgar/data/1424151/000107878216003083/f13g070716_sc13g.htm
2. https://www.finra.org/newsroom/2000/nasd-regulation-charges-josephthal-co-inc-and-top-execs-fraud-and-unfair-dealing
3/4. https://www.sec.gov/Archives/edgar/data/1404943/000141588915000123/mtst8ka_nov272014.htm