US Farms Inc. (fka USFM)

[lattitdude67]

All the due diligence done on Jim Farooquee and his taking control of USFM in the days right after becoming CEO led people to speculate that there would be acquisitions made on the part of USFM. Those speculations apparently proved to be right on as per Jims comments made on the first webinar. Which were to diversify USFM into the green energy sector through acquisitions. Granted they havent been completed yet but if you take Jim at his word the future acquisitions will be made. As to date I have not seen a single "paid by third party" promotional campaign on USFM. Calling this a pump & dump is a gross error of definition concerning the history of USFM since Jim Farooquee has taken over. It would be better classified as investor disappointment. There was definitely speculative buy ins after Jim farooquee had taken over as CEO and pre 1st webinar on the chance a acquisition not a reverse merger was to be announced. A reverse merger involves a private company obtaining control of a public company. Jim Farooquee has just taken control of USFM assumedly by buying a controlling amount of shares from the previous CEO Jan Skwara. To think that he is or would give up controlling interest to a private incoming company is simply not going to happen as stated by Jim that his desire is to build USFM into something qualitative. Penny stocks move at the speed of light these days and what weve witnessed here is simply investors moving their capital to different securities with more timely news or simply out of the market altogether. One never really knows these things specifically. Personally I am not expecting acquisition news during this webinar but I am hoping for detailed information on the series c preferreds placements usage. I personally dont believe Jim would do a 11 page preferred placement for capital to dominate the aloe vera industry. In my opinion that capital has been placed for a specific use outside of the aloe vera industry sector. I am also hoping that Jim does talk about the future investor relations firms hiring role in what he wants to accomplish with that synergistic partnership. It's become apparent that USFM and Mr. Farooquee are not in any rush (by traders standards) to get certain acquisitions finalized. Remember it's only been 2 months since Jims taken control. With all that being said with a roughly 40 million float and any acquisition news the share price will propel upwards momentously with longs and flippers being involved so when it cools off post news please dont think its another "pump and dump" as its just the nature of lightning quick traders moving monies elsewhere.

Here is some information on "pump and dumps"

"Pump and dump" is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" their overvalued shares, the price falls and investors lose their money.

Pump and dump schemes tend to take place either on the Internet including e-mail spam campaigns or through telemarketing from "boiler room" brokerage houses (for example, see Boiler Room). Often the stock promoter will claim to have "inside" information about impending news. Newsletters that purport to offer unbiased recommendations then tout the company as a "hot" stock.