AXM Pharma, Inc (AXMP)

[nodummy]

I agree that the main reason for the CYPE, WSML, BTHI suspensions was Milost Global Inc and Palewater Advisory Group Inc, but I wouldn't say that LRDR and UCRP are completely in the clear.

I think it's very likely that the Milost Global Inc/Palewater Advisory Group Inc people had plans to acquire more of the Joseph Arcaro/Thomas DeNunzio/Jeffrey DeNunzio/Paul Moody/Frederick Bauman hijacked shells (LRDR, JADA, LVCA, GMOS, UCRP, ONSS, and BONZ).

I think it is also very likely that the Milost Global Inc/Palewater Advisory Group Inc people started buying up stock off the open market in these shells weeks ago for super cheap knowing their future plans for the shells so that they could use the shells as pump & dumps. I believe they did this with WSML, CYPE, BTHI, and AXMP. And I believe they probably already bought stock in some of the other Arcaro/DeNunzio/Moody/Bauman shells ahead of any future news they had planned for those shells upon completion of those acquisitions.

Mandla J Gwadiso admitted to owning shares of AXMP way ahead of any announced acquisition (tweet later deleted)



Mandla J. Gwadiso also made clear on several occasions that Milost/Palewater already had several shell purchases arranged (those tweets have since been deleted but I saved them)





Those tweets were obviously made to create speculation to help boost the value of the share prices of all the other Arcaro/DeNunzio/Moody/Bauman shells.

It is no coincidence that on May 27th when Gwadiso tweeted about owning 8 other shells there were exactly 8 Arcaro/DeNunzio/Moody/Bauman shells available for purchase (AXMP, LRDR, JADA, LVCA, GMOS, UCRP, ONSS, and BONZ).

And it was no coincidence that on July 2nd when Gwariso tweeted about having 7 more shells to go there were exactly 7 more Arcaro/DeNunzio/Moody/Bauman shells still available for purchase (LRDR, JADA, LVCA, GMOS, UCRP, ONSS, and BONZ)

Those tweets were made for 1 purpose only - to fuel speculation for all of the other Arcaro/DeNunzio/Moody/Bauman shells to help pump the prices of those stocks.

And the only reason Mandla J Gwadiso would want to manipulate those share prices is if he had already bought shares in those stocks at lower prices.

I believe that some people from the Milost/Palewater group have been using all of the Arcaro/DeNunzio/Moody/Bauman shells as pump&dumps using entities like Producam SA, a Cameroon company and Neossi Group.

I think after receiving tips about the shady past of Milost and their long string of bogus financing agreements and misleading press releases the SEC investigated and found enough information to cause them to believe that Milost/Palewater have been misrepresenting themselves and misleading the public about the true nature of their agreements involving the CYPE, WSML, and BTHI shells. Since the SEC acknowleged FINRA's role in the suspension orders I believe that they may have found evidence of Milost/Palewater using the CYPE, WSML, and BTHI shells for some sort share selling scheme/pump&dump scheme.

I think AXMP only avoided suspension because it wasn't included in the tips sent to the SEC back in early June and because it wasn't until this week that Milost/Palewater did any press releases for AXMP. But I consider AXMP a huge suspension risk moving foward. Not because I think it should be suspended, but because AXMP is a mirror to CYPE, WSML, and BTHI and so it would qualify to be suspended for all of the same reasons that those 3 shells were suspended.

At this point I think a Criminal Indictment against some members of the Milost/Palewater group that engaged in pump&dump activity on these shells is more likely than the remaining Arcaro/DeNunzio/Moody/Bauman shells being suspended, but I certainly wouldn't rule out suspensions of more Arcaro/DeNunzio/Moody/Bauman shells just because 1) most of the shells have probably already started being uses for pump&dump activity by the Milost/Palewater group - their involvement just hasn't been officially made public yet 2) because these are all shells that were abandoned and so it wouldn't be the first time the SEC suspended shells just to protect the public from future pump&dump action. The SEC suspended over 500 shells between 2012 - 2015 as part of a shell expel program.

Shell hijackings have become very hot trades again over the past year, but I don't think that trend will last. I expect the SEC will eventually take notice of the huge amount of pump & dump activity stemming from hijacked shells and start focusing on cleaning up the shell market like they were doing between 2012 - 2015.

I'm no fan of shell hijackers and neither is the SEC. Just read my following post to understand all of that

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141529111