Marijuana Company of America Inc (MCOA)

[mowsmows]

this is not going to be going up again, sorry folks. David20..if you are still here and buying shares, you need to find a new job. sorry.

The SEC alleges that since at least April 2009, Carol McKeown and Daniel F. Ryan, a couple residing in Montreal, Canada, have touted U.S. microcap companies. According to the SEC`s complaint, McKeown and Ryan received millions of shares of touted companies through their two corporations, defendants Downshire Capital Inc., and Meadow Vista Financial Corp., as compensation for their touting.

McKeown and Ryan sold the shares on the open market while PennyStockChaser simultaneously predicted massive price increases for the issuers, a practice known as “scalping.” Here are some of the stocks that PennyStockChaser pumped up over the past year:

The SEC complaint outlines six specific companies that Penny Chaser touted fraudulently:

* Converge Global, a Utah-based real estate company, which the two touted at least four times, gaining $602,000 in net proceeds;