Raven Gold Corp (fka RVNG)

[crystal clear]

DFLY - Just found this on the Fraud & Research board.... interesting! Nodummy is on this, now! That's NOT good for scam pumpers.
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nodummy Share Thursday, August 11, 2011 11:39:23 AM
Re: None Post # of 14347

RVNG - pump & dump alert
The same group - Stock Rock & Roll was recently involved in running a pump & dump on RCYT

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65864246



RCYT peaked at $.11/share on 8/03/11 before getting dumped back down to $.04/share for the close then further dropping to $.012/share by 8/5/11




With RCYT some decent volume occurred back in mid-June. Maybe somebody loading up for the recent pump & dump?


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Stock Rock & Roll is running another pump & dump on another dead shell this morning - RVNG using an email spam campaign to attract buyers.




RVNG quickly peaked almost immediately after the open at $.06/share (up over 2000%) before the dumping started leaving investors only a very tiny window to profit. It has since settled back down under $.02/share and may still be dropping.

My guess is that stockrockandroll probably front loads buying up lots of cheap shares in these relatively dead shells with low floats. Then they put out an email alert which brings in lots of buyers creating price gains as much as 1000% - 5000% or more. Then they sell into their followers for huge profits causing the stock price to quickly plummet back down.

Sounds pretty illegal to me if that is what is happening.

541,050 shares of RVNG traded on 6/30/11. Could that have been somebody front loading for today's pump & dump?


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RVNG is a company with extraordinarily high debts, almost no cash assets, and no revenues.

They are a defaulted Nevada business entity

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=zWHawzcNFtMFOrN4KSuuCg%253d%253d&nt7=0

Listed on the OTC as pink sheets - No Information


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I think stockrockandroll needs some more research when I get time.

The one name I did connect to the stock promotion company was through the Who is for one of their affiliate websites:

pennystocklocks
300 Claremont Ave
A4
Verona, New Jersey 07044
United States

Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: PENNYSTOCKLOCKS.COM
Created on: 27-Apr-11
Expires on: 27-Apr-12
Last Updated on: 02-May-11

Administrative Contact:
McConnon, Robert [e-mail]
pennystocklocks
300 Claremont Ave
A4
Verona, New Jersey 07044
United States
973-303-8818