Marvion Inc (MVNC)

[Montanore]

BONZ matches this gold scam check list:

CHECK: Joint ventures with other loser mining companies with similar low balance sheets and heavy debt. Always heavily touted with fluff PR, these relationships go nowhere.

CHECK: No QP on staff and, in fact, many times the CEO has little or no mining experience.

CHECK: Using touts of world events such as 'central banks are buying gold,' or gold prices will continue to rise exponentially! None of this matters since these companies have little or no gold in the ground and will never produce a single ounce. They sometimes name big institutions or organizations to trump themselves up even though they have nothing to do with them. (Name dropping).

CHECK: Including other precious metals into the mix—or rare earths and lithium. This goes for diamonds as well.

CHECK: Cheap-looking, generic websites without much info.

CHECK:. Taking advantage of gold fever and economic headlines: Claims their stock will rise as gold rises--scaring you with inflation and economic meltdown while also hinting that their stock will rise faster because it's cheap. Again, many of these pink sheets won't rise at all because they're printing and not mining.

CHECK: Penny gold miners are known to be the most prolific in terms of scams because the crooks know people are easily dazzled by the yellow metal. Gold appeals to investors' greed more than any other commodity or industry. This is why scams are most prevalent with penny gold miners.

CHECK: "Management" consists of the CEO. If the CEO does have a bio, you'll often see he has no mining experience whatsoever. You may see no photo or little information about him or the management, but instead you get copious talk about the 'team' or qualified people or backers that go unnamed. RUN when you see this on websites. They don't want to be named because they know it's a scam.

CHECK: History of broken deals, unexplained losses of property and dead ends. They swing from PR vine to vine and leave shareholders hanging from them.

CHECK: Message board touters who want you to have 'strong hands' and buy 'cheapies' as the company dilutes. They always get cheaper as the share price often plummets to no bid/.0001. The best thing you can do is get out right away if the stock behaves suspiciously.

CHECK: Persistent claims that the company would do great if it weren't attacked by shorts--naked and otherwise. Also, if you read about an impending 'short squeeze,' it's almost always a red flag. These kinds of stocks usually have little or no shorts.

CHECK: Charts show a story of pump and dumps.

CHECK: Property is on untenable land that can't be developed due to environmental concerns and red tape.

CHECK: Buying a very old, worn-out mine and touting that it will spring to life with higher prices. Wrong. It often takes countless millions to bring such a mine up to MISHA and EPA standards. The mines were abandoned because the cupboards were bare. These mines are often flooded. They were abandoned for good reasons besides low gold prices.

CHECK: Claims to tie stock performance to the general rise in gold prices – a rise in gold prices does not guarantee a rise in the price of a gold company’s stock. The fact that China is buying gold is really irrelevant if the company has no gold and no intention of finding it--just selling shares. (also see 'name dropping.')