Tuesday, July 01, 2008 10:07:19 AM
There is a reason why IAHL, along with its investors and owners, are losers. Here's the deal. In a few weeks or months, this phony company will morph into another penny stock scam and steal money from other unwise and ignorant investors with a new stock symbol, new owners and new lies.
The history of this shell game goes all the way back to a loan sharking company in Miami, probably originating with some mob ties. Then it bilked investors, city official and hotel employees with phony plans about building an entertainment mecca in Pine Bluff, Ark., a declining southern city near bankrupt. Folks in Arkansas are still trying to unravel how many millions were stolen, but city and state officials are too embarrassed to fess up that there taken by con artist.
Next, these scam artist left Arkansas with the same shell and tricked NASCAR, WWE and Bill Davis racing into believing that a miracle hangover and headache medicine would be the next Viagra. After cashing out a phletora of false news missives, they left town when a few reporters and wise investors started asking questions about the increase number of lawsuits targeted at this medicine miracle scam.
Still the SHELL didn't die.
Now these IAHL clowns are telling folks that they have $60 million in deals lined, waiting for motley fools on this board to put their money in the game again. These are the same folks who said the Thrush deal "was a done deal." Yeah right.
And just as quickly as I can say "I told you so," a few IAHL pumpers will attack this same post and say that this worthless scam is legit.
One thing is for certain is that these vultures won't stop sending out false releases until every penny is squeezed out of this Ponzi scheme, or until some news reporter, securities regulator and law enforcement official put ALL the criminals tied to this Byzantine ruse in jail.
I challenge anyone on this board to find JUST ONE press release that is associated with this ongoing decade-long shell game that has turn out to be wholly true.
To those who are crying about the money they lost, there is probably a book of Proverbs that could be written about such fools.
Gooday
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