Cemtrex Inc (CETX)

[lucky2505]

As I have often said, trace any affiliation that Cemtrex makes and you will find another scum bag. When Saagar Govil announced on September 1 that MZ Group would be promoting the company, he had this to say about it:

MZ has developed a distinguished reputation as a premier resource for institutional investors, brokers, analysts and private investors.

https://finance.yahoo.com/news/cemtrex-engages-mz-group-lead-130000536.html

Actually, MZ Group has proven to be a terrible resource for any investor who has listened to its pitch and bought the companies it has promoted. I did a search and couldn’t come up with a single company whose stock is higher today than when it hired MZ. Here are some examples. OZSC was $1.79 when it hired MZ on 10/1/2018. It is $0.006 today. NAZD paid to be pimped on 7/9/2018 when it was 600 dollars. It is now 13 pennies. FCHS was $1.32 when it hooked up with the “distinquished” promoter on 5/17/2017. It was at $0.0255 when I checked a couple of minutes ago. BTHE was $0.64 way back in 2012 before MZ worked its magic.Coming in at $0.01, it is a true penny stock today. ISCO was $46.50 on 4/23/2012. Today? $0.57. While most stocks that MZ Group promoted went down, MEEC actually made a run from $0.42 in May 2016 to around $1.70 before it crumbled to today’s $0.29. AQMS was nearly five dollars when it signed with MZ on 8/31/2015, but it’s less than a dollar now. Of course, I found other companies who paid for MZ’s services in the past and seem to have gone the way of the dodo bird. That isn’t to say that the people who hired the promoter didn’t get what they wanted from the deal. Many were able to dump shares as MZ put the screws to “institutional investors, brokers, analysts and private investors”. My guess is the Govil crime family has been busy selling unregistered shares. They did it before. Why wouldn’t they do it again?