Saturday, October 22, 2016 8:31:09 AM
Anyone who was lucky enough to buy at $0.0016 and sell intraday at $0.0017, 18, 19 was lucky. Why? $0.0020 was a bunch of low dollar volume paints. The real close should have been $0.0017.
There's an OTC adage: "make a buck, don't get stuck."
There's a very similar scam to $TXHD that traded a few years ago, called GOIP Global. They had a working service where one could text a 1-800 number to (insert company name here). Any company could be texted, and the system worked to allow the texter to be called back. For OTC traders it was sufficient eyecandy because there was something tangible.
Just like $TXHD is doing, GOI* kept increasing its A/S, and continued flooding the market until the traders were fnancially exhausted and the stock sat at No Bid x $0.0001.
There was an SEC investigation into GOIP Global, the people behind the toxic convertible debt, and the penny stock promoters.
$TXHD will most likely end in an SEC investigation. Why?
PVS* which was pumped by Rob Ross and a group of penny stock promoters, resulted in arrests last year resulting from an SEC and IRS-CI (Criminal Investigation) investigation (run a Google search to confirm that for yourself). Rob Ross and a core group, including Azam Khan, also did the same in VST*, and a bunch of other tickers.
The same Rob Ross, of Davie, FL, is known to have funded and advised a person convicted of fraud to pump a stock ticker. In fact, it's not an innocent error, but active collusion.
The same Rob Ross of Davie, FL was given free trading shares to promote $TXHD. That you can go find on Janice Shell's DD Support and Fraud Board.
A promoter was brought into $TXHD this week. You can see that in the chart where the stock price was walked up to as high as $0.0044 before crashing. IMO that's the only reason $TXHD didn't hit $0.0009 this week.
This much I can tell you: innocent traders and investors are being encouraged to buy $TXHD. Over 200M traded over the past couple of weeks and the share price has cratered on unusually high trading volume for this ticker (see the volume bars in the lower portion of the trading chart).
The only conclusions one can draw from the unusual trading volume:
1. Toxic debt scam inside $TXHD
2. Toxic death spiral for $TXHD
3. Lower share prices are on the cards
The paradox of iHub: buy high, sell low
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