Friday, November 02, 2012 12:33:36 PM
Potential investors should research this company VERY THOROUGHLY. As I've referenced previously, there is plenty of verifiable, referenced information that details the history of this pump and dump scam, PWEI, as well as the dealings of its mastermind, Russell Kidder; who by coincidently sold ACT Clean Technologies, Inc.'s (ACLH) assets earlier this year for 150,000,000 shares of PWEI common stock.
Needless to say, we ACLH shareholders were never informed of the merger. We haven't heard from our ACLH leader in over 1 year and 9 months. Only to learn that he and his crew have moved onto to this new pump and dump scam. But it gets better. There's the attorney that PWEI previously had been using. New investors should read the following Seeking Alpha report that details the former attorneys this pump and dump had been using to legitimize the corporate structure of this scam. Appears its a "family business:"
http://seekingalpha.com/article/927251-pacwest-equities-the-330-million-dollar-pink-sheet-with-no-cash-and-155-million-illegally-issued-shares-part-i
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