MARKET SCAMS

[MMMARY]

Good points, bird of prey

I think umcc was a bad investment that got involved with unethical and fraudulent activities to try and save itself. Their stock promoter was sued for fraud for their umcc campaign. There was no disclaimer on any of the information. Everyone thought he was a third party analyst. He threatened to sue me when I finally found his disclaimer and posted it. They also did some CD financing right before this. They also had two other promoters and were on cnbc promoting umcc. umcc shot to $15 during cnbc segment. That reporters was then fired. The press releases about costco and castrol were not true at all. The one about Easyriders deal was very misleading. I know Easyriders intimately and was a the EZR shareholder meeting when they talked about it. Basically umcc was indeed a bad investment wiht just some scammy elements.

ASTN on the other hand was basically started as a scam that hoped to become a real business. They were started with assistance from the mob. http://www.mary.cc/astn They had numerous fraudulent stock promoters when the mob pulled out their support. Both of these stock promoters were sued for fraud, one for fraud perpetrated during astn campaign. Same stock promoter as umcc. Now they're getting ready to do the scam exit and do some toxic convertible financing. I realize it is all perfectly legal even though the companies have sued the finance companies quite a few times. My problem is that the company has paid shills on teh message boards telling everyone the financing is good, astn share price will go to the moon, buy, buy, buy. The product is still not fully operational yet. I think that's why they want to do the scam exit financing now so they can blame the end on the financing and not lack of an economically feasible product. Time will tell.

I do agree that these companies were/are not total scams. They just had some scammy parts to them.



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Just say NO to stock fraud!