Grillit Inc (GRLT)

[kentonmag1]

Hi Steve

Been on these boards for around 3 years now and the same touters are on the various Pump and Dumps that go on, on a daily basis. They change stocks from one day to the next, and occaisionally may spend a week or more covering a particular P&D, and according to a recent blog I read can be getting paid between $40 - $200 per day.
You are correct, if you click on their names, they can have up to 100,000 postings on these boards. I can tell you their postings cover some of the biggest scams ever concieved in the OTC and Pink markets. Obviously plenty of people have lost money following the lies that is written however there are also investors that have learned to play these P&D's however you need to have live market viewing (level 2) or else if you are on 15 minutes delay you can lose alot of money very quickly.
If you log into www.pumpsanddumps.com they give a daily list of the stocks being pumped that day, how many days some of the older schemes have been running, how many times in it's history a stock has been pumped and also the number of buys, both winning and losing, over the course of the pump and dump. If you subscribe to their newsletters you get some really good info as to some of the scams that go on in the world of pump and dump scams.
Goodluck
Kentonmag