Amazonas Florestal Ltd (AZFL)

[blxil]

AZFL hired a marketing firm to pump the stock


They hired a marketing firm to pump the stock on social media, do PRs, etc., so they'd be able to raise the authorized share amount and issue new convertible notes to issue to their own shell corps, families, and friends. Basically, everyone except a few shareholders who were told about the AS in advance were screwed by the AZFL insiders, who sold their shares before the AS increase was announced.

If you're not an insider, be careful about owning this stock. This company is not on the up-and-up and doesn't care one iota about its shareholders. Also, watch out for a long-rumored RS soon. In the past, good news has tended to be followed by bad news with AZFL.