DD Support Board and Research Team

[nodummy]

AEMD - That's pretty interesting

I was expecting/hoping to see stocks like MJWL and ENZC get suspended because of bogus coronavirus news pumps, but AEMD will send an even louder message.

https://www.sec.gov/litigation/suspensions/2020/34-88142.pdf


I was curious about who was disseminating the false information about AEMD.

I immediately found this:

https://microsmallcap.com/aethlon-medical-up-coronavirus-fears/

https://webcache.googleusercontent.com/search?q=cache:RMdpCetvoPUJ:https://microsmallcap.com/aethlon-medical-up-coronavirus-fears/+&cd=1&hl=en&ct=clnk&gl=us

An article published on Microsmallcap.com touting AEMD as a coronavirus stock published on 1/27/20 that has since been taken down.

According to the disclaimer:

Disclosure:

1) Market Jar Media Inc. (“Market Jar”) will not be paid by Aethlon Medical, Inc. (the “Company”). Market Jar and its affiliates intend to prepare various articles and commentary on the Company during the period from January 27, 2020 until January 31, 2020 (the “Campaign”).

2) Market Jar, its affiliates and their respective directors, officers and employees (the “Market Jar Group”) hold one hundred two thousand eight hundred twenty eight shares of Aethlon Medical, Inc. The shares held by the Market Jar Group were acquired 63.5 hours prior to the commencement of the Campaign. The Market Jar Group has not sold any shares of the Company prior to the commencement of the Campaign. The Market Jar Group intends to sell all of the shares it owns of the Company during the Campaign. If we do not sell of the shares of the Company during the Campaign, we may sell them immediately after the Campaign or at any other time.

3) As the Market Jar Group owns shares in the Company, there is an inherent conflict of interest in statements and opinions made by Market Jar and such statements and opinions cannot be considered independent. The Market Jar Group may benefit from any increase in the share price of the Company.

microsmallcap.com did another pump piece touting AEMD as a coronavirus stock a day later on 1/28/20 which has also since been taken down.

https://microsmallcap.com/aemd-stock-bull-run-strong-buy/

https://webcache.googleusercontent.com/search?q=cache:NnYu3DXk99gJ:https://microsmallcap.com/aemd-stock-bull-run-strong-buy/+&cd=1&hl=en&ct=clnk&gl=us&client=firefox-b-1-d

Market Jar Media Inc owns the microsmallcap.com site.

Another site owned by Market Jar Media Inc at streetsignals.com also did a pump piece for AEMD on 1/28/20 which has since been taken down:

https://streetsignals.com/aethlon-medical-aemd-stock-strong-buy/

https://webcache.googleusercontent.com/search?q=cache:wH1r34MMvNsJ:https://streetsignals.com/aemd-stock-opportunity-01-28-20/+&cd=3&hl=en&ct=clnk&gl=us&client=firefox-b-1-d

Market Jar Media Inc also owns marketjar.com, hedgetradingpro.com, and smallcapfunding.com

https://marketjar.com/privacy-policy.php

https://hedgetradingpro.com/disclaimer/

https://www.globenewswire.com/news-release/2019/08/22/1905307/0/en/Market-Jar-Media-Inc-Announces-the-Launch-of-SmallCapFunding-com.html

https://smallcapfunding.com/

Market Jar Media Inc.
#170 - 422 Richards Street
Vancouver, BC, Canada
V6B 2Z4

The Small Cap Funding site gives us some names:

James Young | President and Director
Vilma Barbosa | Shareholder
Charlo Barbosa | Shareholder
Motoko Hanyu | Shareholder




Looks like Charlo Barbosa got in trouble with the FTC in the past for ripping people off using porn website subscriptions:

https://www.scribd.com/document/1183043/US-Federal-Trade-Commission-tyandersonpointsandauthorities

https://www.nytimes.com/2001/08/30/business/technology-briefing-internet-2-settle-fraud-charges.html

What goes with porn and penny stocks besides drugs? Gambling, of course.

Charlo Barbosa was the former CEO of Poker.com when it went public in 2000. Today it trades as Viking Energy Group Inc (VKIN)

https://www.otcmarkets.com/stock/VKIN/profile

Charlo Barbosa runs Native Ads Inc

https://nativeads.com/

https://www.crowdfunder.com/nativeads



https://ca.linkedin.com/in/charlobarbosa



Charlo Barbosa is currently an advisor for publicly traded LiteLink Technologies Inc (LLNKF)


James Young (the president of Small Cap Funding) works with Charlo Barbosa at Native Ads

https://ca.linkedin.com/in/jamesyoung2334



Obviously the SEC suspension is focused on the AEMD pumpers more than AEMD:

https://www.sec.gov/litigation/suspensions/2020/34-88142.pdf

because of (i) concerns regarding the accuracy and adequacy of information in the marketplace since at least January 22, 2020, that appears to be disseminated by third party promotors that are, purportedly, not affiliated with AEMD about, among other things, the viability of the company’s product to treat the coronavirus, and (ii) questions regarding recent and unusual market activity since at least January 22, 2020

AEMD was recently involved in a $3.77m capital raise through a public offering that was made effective in August of 2019

A supplement filing was done for the offering on January 16, 2020 to sell additional shares in a private placement using the prospectus.

Seems likely that the Charlo Barbosa/James Young group acquired their 102,828 shares through the AEMD supplement offering. They said in their disclaimer that the shares were acquired 63.5 hours before the promotion kicked off. That would be 5 days which puts the purchase date close to the January 16, 2020 offering date. Then again they could have purchased them off the open market too.

The big no no was running a stock promotion on the stock using false information to manipulate the stock price while they were selling their 102,828 shares.

It will be interesting to see if any of these names show up in future litigation.


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It should probably be noted that the coronavirus/AEMD link was started by Benzinga.com on 1/21/19. Benzinga.com takes advantage of its big group of follows to move small cap stocks using rumors quite often.

https://m.benzinga.com/article/15155922

The Charlo Barbosa/James Young group may have gotten the idea to manipulate AEMD using the bogus coronavirus info thanks to Benzinga.com.