I would like to see your pump and dump proof please
Now, I think it is safe to say that very few people would look at this stock, it's rise, it's volume, it's complete lack of a following, it's greatly inflated and unsupported share price and the recent hiring of a promo/awareness company as anyting but a preparation to dump stock into this artificial and very bloated pps.
But, as the promo/awareness company maybe you would like to explain what steps you took to ensure you weren't getting involved with a pump and dump. In other words, if you are asking for proof to support the contention that this is a pump and dump then would it not be fair for the general investing public to ask you what you did to ensure it was not before you signed up to promo it?
Every indication from a technical standpoint show this to be an overinflated stock. The recent hiring of a promo/awareness company with payment fo $25,000 for 1 months service would also be seen as a red flag for a potential dump on the artifically high share price.
General concensus from the investment community would say this is a prime candidate for a pump and dump. There has been the artifical walkup in price and the promo campaign in underway.
To ask people for proof of this is kind of senseless as it would be like setting out all the ingrediants for chocolate cookies and then trying to argue that you can't prove that by mixing them all together you will get chocolate chip cookies.
The reason this is being related to a pump and dump is because it follows the usual pump and dump scenerio to perfection. All that's missing is the dump. I guess maybe one could say the promo team isn't holding up their end or that this is so obvious that it just can't attract many buyers.
Either way, asking for proof before the fact is impossible. But amazingly enough many crimes are prevented simply by recognizing the warnings and taking the appropriate action. What you are doing is pretty much saying until the actual theft takes place one can't determine that a thief is outside the door.
I know 2 + 2 equals 4. I don't need a calculator or a math professor to verify it for me. I also know when a stock has been artifically inflated. I am quite educated on what happens when an artificially inflated stock ends up with a third party paid promo/awareness campaign.
So far in 2 weeks this stock is down over 51%. Hardly something any investor isn't aware of.
