Just wanted to share my latest entry on our "leader" Russell Kidder. This was posted on the PWEI board, you know "OUR" company that we merged with last year.. You should all catch up that board as well...it's important to have as many [victims'] eyes on Kidder as possible...
Very good point, sir. So how have Russell Kidder and his cronies accomplished this? I have my own theory; one based on observation and speculation, but, nodding to the reality of a $0 revenue producing shell of a company having such a ridiculous valuation, is absolutely conceivable.
First, you have the mastermind, Russell Kidder, and his right-hand accomplice, Tim Connolly, of the "Corporate Strategies, LLC" fame. Their refinement of the penny stock scam will soon make them infamous (think Bernie Madoff). But they're no over-night sensation, no sir. They've developed their skills across many scams and hundreds, if not thousands, of victims. My own story deals with Kidder's last (known) scam ACLH, the gulf oil scam...read up on it...it's a classic.
So, here's the key ingredient, victims. They need enough victims that dread loosing share value before they can dump their worthless shares, which they'll never be able to do because PWEI is a scam. This is why you don't see millions of shares trading...and some days just a few thousands. It's those days where you have a few hundred or thousand shares bought that you can identify Kidder and his crew at work. This is them keeping the share price artificially high. Remember, current victims don't want the share price to tank either, they're waiting, hoping for another pump so they can dump their shares also. Kidder has learned to maintain a substantial number of insiders to this scam (all with shares at the onset) to help them keep the share price up; on again, mind you, a $0 revenue company.
So what can bring this crumbling down..? The SEC halting trading. But Kidder learned that lesson well with ACLH. As long as he doesn't screw this up too badly, he'll keep this scam going to await another pump. But, if you doubt my theory, how do you explain the following... 1. The website was down for over one month; 2. You can't call anyone in the offices; 3. There's only one employee of record; 4. $0 revenues; 5. Noncompliance with filings...I can go on and on...
You see, as much as victims want to see these crooks in jail, they want to recoup their losses first even more. Many PWEI victims have more incentive to stay quiet than report Kidder to the SEC. But I'm an ACLH victim, which as I've posted countless times on this board, ACLH is a majority shareholder in PWEI. Do you think we ACLH shareholders have been informed about our share value possibly increasing because of last year's "merger" with PWEI...? Nope...
All us Russell Kidder victims can do is watch Kidder's actions, file complaints with the SEC , and warn potential victims to stay clear of these crooks....
AI
