![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Sunday, December 07, 2008 4:51:05 PM
A pink sheet stock of a company that is located in Russia is promoted and pumped by a person that lives in Russia. It all makes sense now why his site is free. He needed a way to lure in the buyers of this POS pink sheet. Wait, that's a reduntant statement. All pinks are junk and should only be bought with change from your Russian made piggy bank.
I am no Columbo but my guess is that he made a ton of money selling shares when the stock spiked to $10. His cover is that he has an agreement that shows he couldn't sell his shares. I would be willing to bet he owned plenty of other shares that were sold for hefty profits on the way up. The rest of the company was a scam. Even if the "consulting" agreement wasn't fake, the shares that he likely sold when the stock spiked were real.
The only way to keep this from happening again is to boycott his site.
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