Spencer Pharmaceutical (SPPH)

[sunspotter]

"Do you have that investigation page to post?"


The one below you mean? Although there's a much more serious bunch of folk crawling all over Spencer Pharma just now.



pennyfraud.com/cases/morgan-morgan-investment-loss-recovery-team-announces-investigation-of-spencer-pharmaceutical-inc-spph/

Stock Loss Recovery Team announces investigation of Spencer Pharmaceutical, Inc. (SPPH)

This is my site Written by admin on January 20, 2011 – 5:43 pm

January 15, 2011 — The Stock Loss Recovery Team of the Morgan Business Trial Group has commenced an investigation into the promotional and trading activity of public company Spencer Pharmaceutical, Inc. (SPPH).

SPPH is a pink sheet company that has been the subject of heavy promotional activity from October 2010 through January 2011, centered around a purported $245 million buyout offer from a third party that has been the subject of numerous press releases by SPPH and their promoters.

The company has seen heavy trading volume in its stock during the period of the investigation, trading as high as 60 cents per share on November 12, 2010.

The company reported almost no cash and no revenues in its last financial filing. ($299 of cash and 0 revenue per the September 30, 2010 filing)

We are investigating the accuracy of the press releases related to the purported $245 million buyout and the trading activity related thereto.

We are investigating potential market manipulation, unlawful insider trading and fraud on the SPPH market which has potentially caused losses in the millions of dollars to the shareholders.

If you have any information regarding this company, or have lost money in SPPH, please contact us at [e-mail]


http://pennyfraud.com/cases/morgan-morgan-investment-loss-recovery-team-announces-investigation-of-spencer-pharmaceutical-inc-spph/