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Re: Tool_power post# 32192

Monday, 10/17/2005 12:32:20 PM

Monday, October 17, 2005 12:32:20 PM

Post# of 159753
OT: Suggestion to your suggestion.

If you want people to believe that "not all penny stocks are scams" you better not use TNOG as an example.
Anybody that followed it in '04 will tell you about when the CEO and their IR (Clayton) tried to tell everyone that their O/S and float was 50M and 25M and were releasing pump PR's relative to those figures. When the truth finally came out that the O/S was actually 550+Million and had been that way before their "pumping" it was dismissed as an oversight by IR.(yeah right,LOL) Then the CEO mysteriously dissappeared for about a month in which nobody (including IR) could locate him, after which, the CEO claimed he had "lost" all the money that had been raised when the company dumped those millions of shares into the market.hmmmmm...not to mention the company was supposedly pumping oil since '04, yet had no revenues..hmmmm..and these are just examples for starters.
Point: (and I'm sure Janice would know better) If you want credibility, DO NOT and I repeat DO NOT use TNOG or associate the article in any way to dubious "pinks", as most really are scams and keep it to the point re SEC and it's shortcomings.

There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true. **Soren kierkegaard

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