Montana Oil (fka MOGI)

[TradingTroll]

There are many dicrepancies with the financials and this company. I noticed some of the paid news services said they were paid by MOGI and it was not reflected in the financials. After many hours of DD What I found is Mr. Sanders is the only employee, who also has a consulting business that specializes in marketing. It is also very interesting that the financial report was written by J D Briner who is also the attorney for IWNN and shares the same address as MOGI in Vancouver, BC. Many of the same people involved in IWNN are also involved with MOGI and seem to be located in the same building, share the same phone numbers or are located near by. I think this article I found the link to on an IHUB board about scams sums up why this stock only continues to go down.

http://www.otcjournal.com/archive/listserv/200402031.html

What I learned from buying MOGI: Never buy a stock from unsolisited spam. Do your homework (due diligence) on the stock first. Avoid companies that were incorporated in Nevada or Florida. Avoid pink sheet stocks that are traded on Canadian exchanges because they allow naked short selling. Avoid stocks who's only news comes from paid news services. Make sure there is not only sufficient volume but sufficient numbers of shareholders so you can exit the stock easily. Try to trade on days when volume is up and use limit orders instead of market orders. Instead of buying many shares of a cheap stock consider buying 1 or 2 shares of a good stock like SHLD.