MARKET SCAMS

[shortsinthesand]

Here's a fresh off the presses scam for you! [HMIT]

the typical bootes coal shell dance.. They even just put a PR admitting security Fraud... Amazing stuff..

http://biz.yahoo.com/prnews/070713/laf043.html?.v=94

Bootes Relationship With Hidalgo Mining International (Pink Sheets: HMIT) Terminated Resulting from Investigations by the Board into His Undisclosed Activities


PAHRUMP, Nev., July 13 /PRNewswire-FirstCall/ -- John Darrah, President and Majority shareholder announced today action had been taken so that Jefferson A. Bootes is no longer associated with Hidalgo Mining International. Darrah stated, "After Bootes previously agreed on May 29, 2007 to return certificates for all 56 million shares of restricted common stock issued to him, he has not yet done so. Our investigations uncovered facts that put into question Mr. Bootes' veracity regarding representations and activities he had undertaken. These included assuming authorities not granted to him by the Board, issuing unauthorized press releases for his own purposes, and lodging millions of restricted shares in a brokerage house for undisclosed reasons. Furthermore after negotiating his coal claims into Hidalgo, on April 18, 2007 he apparently utilized the same Monclova coal project, to assume all the top executive positions with International Energy, Ltd. ILGL is a public company associated with Select American Transfer Company presently under investigation by the Ontario Securities Commission for alleged activities resulting in pump and dump shorting of vulnerable pink sheet companies."

Mr. Darrah went on to say, "Whatever his expressed intentions are, Mr. Bootes' damaging actions speak louder than his own words. His failure after repeated requests to disclose these activities to the Board has been detrimental to the interests of Hidalgo and its shareholders. We regrettably have no choice but to end it by severing relations with Mr. Bootes. All of his apparent assets that he brought to HMIT have previously been transferred to a subsidiary, Hidalgo Mining Inc., a private Nevada corporation with Mr. Bootes in complete control of that company as its sole shareholder, after stock ownership in that corporation transferred to him by HMIT."