Thursday, April 19, 2012 12:46:06 AM
"An illegal spam email campaign has begun on Auric Mining (AUMY), a name that has been cleverly played off of the James Bond character Auric Goldfinger, in order to sound alluring to the unsuspecting dupe, in this case seniors who are familiar with the character. While all pumped penny stocks are scams, a stock that is subject to spam emailing campaigns, is the absolute lowest of the low. Spam emails are used to find those suckers who don't subscribe to promotional emails, often seniors, in order to give the illusion that they are privy to something on the qt.
AUMY has a whopping $139 in the bank and $136K in debt. The new PnD campaign was predicated by the 45 million shares which recently became free trading and insiders are looking to dump. The almost 80 million shares last reported as issued and outstanding, gives the company a $1.6 million market cap. We would not be surprised to see the number of shares issued and outstanding to be reported as significantly increased within the next financials, as there are one billion shares authorized.
The company is pumping off the news of its purported acquisition of a property in Ontario's Abitibi Greenstone Belt. It's important to note that the company reports only placing a deposit down on the property. It is all together possible that the deposit has been made only to give credence to a PnD campaign. This would not be the first time that a deposit has been forfeited once the insiders have cashed in. What is particularly suspicious is that AUMY has not filed the required 8-K notification with the SEC in regards to this acquisition, thereby giving no means to the public to investigate the history of the property purportedly being acquired. It is altogether possible that this is one of those properties that gets passed around from shell to shell in order to facilitate stock schemes. We would not be surprised if major exploration companies have already passed on this particular property. In any case, be particularly diligent when specifics of an acquisition are not offered, such as is the case here."
http://www.pumpsanddumps.com/2012/01/monday-january-9-2012-todays-pumps.html
This is not long time ago! The people who are involved have also bad history and after an illegal email spam campaign and a 1 for 1000 reverse splits, there is nothing good to say about AUMY!
Sorry, but i hate stupid pump and dump stocks. If it´s a scam, then please a good one and not a known scam. Don´t understand the people who buy it. I remember one time i touched a similar stock and 2 weeks later it was investigated and suspended by the sec. It´s not the risk worth. But congrats!
AUMY has a whopping $139 in the bank and $136K in debt. The new PnD campaign was predicated by the 45 million shares which recently became free trading and insiders are looking to dump. The almost 80 million shares last reported as issued and outstanding, gives the company a $1.6 million market cap. We would not be surprised to see the number of shares issued and outstanding to be reported as significantly increased within the next financials, as there are one billion shares authorized.
The company is pumping off the news of its purported acquisition of a property in Ontario's Abitibi Greenstone Belt. It's important to note that the company reports only placing a deposit down on the property. It is all together possible that the deposit has been made only to give credence to a PnD campaign. This would not be the first time that a deposit has been forfeited once the insiders have cashed in. What is particularly suspicious is that AUMY has not filed the required 8-K notification with the SEC in regards to this acquisition, thereby giving no means to the public to investigate the history of the property purportedly being acquired. It is altogether possible that this is one of those properties that gets passed around from shell to shell in order to facilitate stock schemes. We would not be surprised if major exploration companies have already passed on this particular property. In any case, be particularly diligent when specifics of an acquisition are not offered, such as is the case here."
http://www.pumpsanddumps.com/2012/01/monday-january-9-2012-todays-pumps.html
This is not long time ago! The people who are involved have also bad history and after an illegal email spam campaign and a 1 for 1000 reverse splits, there is nothing good to say about AUMY!
Sorry, but i hate stupid pump and dump stocks. If it´s a scam, then please a good one and not a known scam. Don´t understand the people who buy it. I remember one time i touched a similar stock and 2 weeks later it was investigated and suspended by the sec. It´s not the risk worth. But congrats!
