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Re: None

Tuesday, 02/19/2013 1:11:36 PM

Tuesday, February 19, 2013 1:11:36 PM

Post# of 8779
Posted on the other ESSI board however, I think it maybe was for this board...hoping a copy was okay as it was an opinion of another poster there - I agree, I hope it is legit - without any news whatsoever, it's hard to keep investors motivated and instead works to scare people away IMHO.

Ed Withrow and Mike Borkowskis should be aware of this..

http://www.pumpsanddumps.com/

February 15, 2013: Federal authorities have arrested 14 people, including a former deputy district attorney, that were named in two federal indictments alleging long-term schemes to manipulate stock prices of intrinsically worthless companies. The schemes led to more than 20,000 investors losing over $30 million, as artificially inflated stock prices collapsed. Investigators with the FBI and Internal Revenue Service used wiretaps to secretly record thousands of telephone calls and text messages during a three-year investigation. As one defendant described his scheme during a wiretapped phone call: “What I do is turn stock into money.”

The indictments revolved around the manipulations of five penny stock issues: Frogads, Inc. (FROG), Biostem Us Corp. (HAIR), Genmed Holding Corp. (GENM), Sports Endurance, Inc. (SENZ) and Empire Post Media, Inc. (EMPM). We begged our subscribers to watch out for FROG in several advisories we issued, included those that can be retrieved by clicking here, here and here. We warned readers about EMPM in this advisory.

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PRTN now called ESSI went through two pumps and dumps and caused investors major losses. Ed and Mike issued announcements and e-mails regarding the Tropine 3 FDA trials and have gone completely silent in recent months.
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