Saturday, February 05, 2011 5:56:07 PM
I know shenanigans are going on at another company. A years's worth of PR's were found to be untrue.
I am not saying the same is happening at DKAM, though there is one similarity. Both companies used dilution to raise capital.
This other company put out two PR's in a week, and "window dressing" to be able to say, see, it's here, our PR is true. On the very day of the second PR, Epicstockpicks.com puts out in their newsletter with the following: " ... (company name) tops our list and we`re watching very closely Tomorrow for a breakout from this current consolidation channel its been trading in. ...". They add in the disclaimer section at the bottom with all the other disclaimers that they were paid $10,000 for the one day campaign.
The other company is charitably a borderline fraud, if not outright. The stock traded more than 7 times it's normal trading volume two days ago and jumped by 50%. Yesterday it closed up .0003 from where it started one day earlier. I think it was all coordinated to dump shares and further dilute the stock. The other company paid for the "announcement" and sold stock.
The other company was projecting $9,000,000 in sales in a PR for the first quarter last year and to date can't produce anything to prove they sold anything other than 500,000,000 shares of their penny stock.
The night before the information was released this week a whole new group of posters showed up on the board telling everyone that the news was being announced the next day.
The major difference between the other company and DKAM when it comes to "news" is when DKAM puts out a PR about Rheingold, the distribution is real, the sales are happening. You and I disagree about whether DKAM can ever be profitable, and what a breakeven point is, not if they are actually selling beer right now. We know they are. Mr Bill thinks every time a PR is put out it's so PK can sell more shares. To paraphrase him, the stock jumps on the news and then settles down to a new all time low. There is nothing unreasonable about these opinions.
There are legitimate PR and analytical research companies. Now I know there are also companies that purport to be legitimate research companies and are paid to put out bogus research. There was no research at all. They were just paid to write it like they actually did research.
I just want to know which is which, and when a poster appears here touting information from one of those companies, I would prefer to know what is going on. They aren't disclosing anything like Epicstockpicks.com did to CYA. The new posters are just spreading the information without the disclaimers.
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