Here's the promoter http://www.naturalcontrarian.com/strategy.php?id=69 As for the cheap paper, it's outlined in the filings. In a nutshell, they raised $1mm at .04/share plus warrants. The warrants are exercisable soon. I think they'll be pumpin' like nobody's business to create a frenzy to sell into as they've got truckloads of stock to move. Fraser pumps can be great longs. See TNEN and AMNT. Just don't fool yourself into thinking you're in early on the next Microsoft.
Disclosure: I'm slightly long at the moment.
"The things that will destroy America are prosperity at any price, peace at any price, safety first instead of duty first, the love of soft living and the get rich quick theory of life." --Theodore Roosevelt
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