Favo Capital Inc (FAVO)

[comstockplaya]

Probably not unless conditions change. This is a company with almost nothing going for it. They haven't even updated their website since 2008. Their financials are horrendous and they have done nothing in recent memory.

Over the last 2 years there have been a few attempts at a pump and dump of this stock. I've only been here for a short while but I have been following this company on the Yahoo board since January 2009.

The chief pumper was a guy by the name of John Perez who has promoted this and other stocks (USAU, GSPG, HIMR, TYRIA, XTMM, to name a few). Shortly after he was named president and CEO of USAU, the SEC notified the company that it faced delisting for not filing required reports. Although Perez strenuously stressed that all would be made right, the company was delisted in June and a lot of people lost money.

That same guy is the PR manager of BESE. Some people are saying that he is no long involved with the comapny, but his position was confirmed in the September SEC filing by BESE.

There is some talk that USAU and BESE will join forces, which gives USAU a route back into SEC compliance. However, USAU is another company that had nothing going for it but Perez's attempt at a pump and dump. The Yahoo board for USAU has been taken down, but the Investorshub board is still there. Read the old posts for BESE and USAU as part of your due diligence, then make your own decision. With Perez involved, it can't end well for the shareholders.