Sunday, September 23, 2007 12:53:19 PM
My Question:
I have a substantial investment in EQBM & SOMA ($xx) and have been trying to conduct some DD on the following news article:
Dr. Joseph de Beauchamp of World Financial News Network started coverage and gives favorable analysis to Equitable Life Investments. The company develops oil and gas properties.
Seattle, WA (PRWEB) March 20, 2005 — Dr. Joseph de Beauchamp of World Financial News Network started coverage and gives favorable analysis to Equitable Life Investments, which develops oil and gas properties.
WFNN consistently outperforms established industry benchmark indicators. Based on in-depth research and analysis, its analysts recommend securities worldwide showing the highest probability for stock price appreciation. With constant vigil, WFNN looks for economic opportunities in the private and public company sectors.
Dr. Beauchamp, WFNN's Chief Independent Analyst, said, “WFNN sees their interest in making acquisitions as a major step for Equitable Life Investment. With the additional management in place, WFNN believes that this company stands ready to move forward. WFNN sees the company moving to $3.00 per share in the near term. With oil prices skyrocketing, Equitable Life Investments presents itself as an excellent opportunity for the future."
For brief information of this new company, examine: http://wfnn.info Click on the search button at top of the page by entering the name.
About WFNN:
World Financial News Network provides a unique blend of data, timely information and today's technologies to assist with up-to-the-minute investment and economic values on markets and investments around the world.
About Equitable Life Investment:
Equitable Life Investments made a few recent investments in the oil and gas sector. Equitable Life Investments Company Inc. (EQLFF) Equitable Life Investments Company Inc. has acquired fifty percent of Soma Petroleum, LLC, and a U.S. based company. Soma Petroleum has acquired the exclusive rights to drill for oil and gas from the government of Somaliland in the Horn of Africa, this property was made a dividend at the end of last year to shareholders. The company is partnering with Inter-Continental Petroleum Co. Ltd (ICPC) - China-based oil and gas exploration company. ICPC has an extensive international track record in oil and gas. It plans to acquire more properties.
>>
In the end, it appears to be a scam. Do you have any links to the China oil company or do you have any info on SOMA?
SOMA SA1.F traded around 1.4 million shares a couple weeks ago on the Frankfurt exchange.
Thanks for your time.
xxx xx
His Reply:
Because I have attempted to contact the company numerous times, and even as of last week, no return calls or emails. I wish I could provide you more information, but without any response from the company, I have no further information. I have not received and response to my requests for two years, and this greatly concerns me. If you reach the company, please have them contact me immediately.
Dr. Joseph de Beauchamp
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