Absolute Health and Fitness Inc (AHFI)

[ASPD_Capital]

I remember this little gem from 2004. At the time, AHFI rose from 0.12 to around $4 per share on the newsletter and paid pumping of some fraudsters. The owners liquidated their holdings on the way up, and were indicted for fraud in 2005. While claiming they were starting a chain of gyms on press releases, it basically amounted to a couple offices with a treadmill. LOL

https://www.sec.gov/litigation/litreleases/lr19085.htm

I Love the optimism when the price goes from triple zeros to 0.12. People show up, post about it going to a dollar with fingers crossed, and are somehow surprised when it's back to trip-zeros. There's over 100,000,000 shares out there. Expecting market cap to go from $300k to over a hundred mil is hilarious.