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Re: Mikey post# 30754

Wednesday, 07/06/2011 9:35:04 PM

Wednesday, July 06, 2011 9:35:04 PM

Post# of 131310
What so magik about September 1st ?

When PM wants to move a few billion shares, he issues them right away, and only months afterwards does he bother to get them recorded by the Nevada SOS. And, of course, he conveniently forgets to update the Pink Sheet A/S and O/S entries. His Transfer Agent is a joke. The financial disclosure comes 6 months afterwards, long after the shares have been sold (dumped) on the open market.

Also, if you attempt to track closely the issuance dates, you'll notice that new billion shares always gets issued (and dumped) just after a financial disclosure.

So, when you see high volumes, it is not generally caused by a genuine interest in the stock, but by newly issued shares being dumped. Of course, to help the dump along, a nice fluff PR.

Like, say, claiming that there is high interest in the company's phones. That's a straight lie.
This company has not sold a single phone in the past 5 years.
It spent 4 sequential years with $0 revenue.

This one-man "company" has no phones inventory, no phone factory, no phone know-how (no employees), No R&D budget, no nothing. Just bald-faced lies in fluff PRs, business as usual for a company whose stock shares "sales" exceed their product sales by a factor 20.

The company has no meaningful business in E-cigs (they're losing money on every sale), nor in anything else. It's just window dressing to peddle more and more and more shares.

And it works beautifully. The supply of gullible people willing to entrust felon Peter Michaels with their hard-won money is essentially inexhaustible.
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