Digital Brand Media and Marketing Group Inc (DBMM)

[janice shell]

Yes, that's a good one. Though they description and the examples they offer--the first was the guy who pretended to be Carson Block on Twitter, and was criminally charged for doing so; and the second was Dan Ryan, a Canadian who worked as a promoter--have nothing much to do with the Nasty Bashers posting on this board.

And then there's their enforcement action against Andrew Fassari, known here as OCMillionaire:

https://www.sec.gov/news/press-release/2021-46

The complaint:

https://www.sec.gov/litigation/complaints/2021/comp-pr2021-46.pdf

During December 2020, Fassari published numerous false and misleading posts on social media platforms about Arcis Resources Corporation (“ARCS”), a publicly traded company that has been defunct since at least 2016, while secretly trading the securities of ARCS in violation of the federal securities laws. Fassari purchased tens of millions of shares of ARCS, then deceptively spread false information about the company’s purportedly revived operations and imminent positive announcements on Twitter, among other social media platforms. After the share price rose, Fassari secretly sold all of his shares, obtaining ill-gotten gains of over $929,000.

Fassari uses the Twitter “handle” @OCMillionaire. He uses similar usernames on other social media sites, such a s the website www.investorshub.com (“iHub”) and Instagram. The @OCMillionaire profile joined Twitter in July 2013, lists “13.1K” followers, includes a picture of a black Ferrari, and states, in part: “Master short squeeze artist. #Pennystock Wizard.”

He was far more typical of amateur stock manipulators.