Crashes Depressions Manipulations Scams Swindles Thefts in Markets Currencies Commodities Stocks Etc

[lowman]

The messengers of bad news are never much liked, and those who cast warnings are shunned upon, sometimes even, uh, hung from crosses!

So as to prevent, as much as possible, negative effect, I shall not mention names as per se.

There is a certain 'conglomerate', which presently has 1B+ shares o/s, trading around .0005-.0006, that is on the http://www.spamstocktracker.com list that REALLY deserves a great big red flag!

They are non-U.S. (which means, from an American's point of view, if they go belly up...not a DAMN thing you can DO!!!)

Mind you, this is only MO, but if this entity is REALLY authentic, why do they need 1B shares, given the 'obvious' love of this 'product'?

Let's do some math here.

1,000,000,000 x .0006 = $600,000 market cap

Seems to me, this entity should be worth one fricking helluva lot more than that, IF they ARE & DO who they claim. As a matter of fact, in a legitimate world, they would be so well financed, they're market cap should be near $100M, given the nature of their business.

In addition to this, they have taken on a 'need' to give a share divvie of 1 for every 6 presently held, in an O&G company, which actually has two websites, yet same state and city address. The 'publicly' traded one's website looks so cookie cutter, my 9 y/o nephew does better website design than that. It also lists no phone number: another caveat emptor!

What's more, a very recent PR by the first, states a closing price of the O&G, of which was from a day that traded hardly more than 1000 shares, and looks to be a very manipulated pps, at that! (all the shares in the world, of a company gone defunct, in less than 1 year from 'Dec. 21, 05, aren't worth squat!)

FWIW, this 'watchdog' just doesn't want to see more Americans burned by non-Americans. Face it, the only people who like Americans, are the ones who PROFIT from 'stupid' Americans! The rest of 'em are all just envious as all hell of our freedoms and ideals!


L~