InvestorsHub Logo
Followers 233
Posts 7344
Boards Moderated 0
Alias Born 05/02/2008

Re: AugustaFriends post# 304444

Tuesday, 03/18/2014 7:08:28 PM

Tuesday, March 18, 2014 7:08:28 PM

Post# of 647879
Good research on real companies = $$$$

Scams = jail time.

Anyone remember Monk's Den?

Jerry doing some nice jail time now.

35. Williams’ popularity grew considerably during this period, and during 2010, the
Monk’s Den message board became one of the most popular boards on Internet Forum. For
example, during June 2009 through December 2009, anywhere between 105 and 235 Internet
Forum subscribers posted between 2,619 and 11,682 messages on a monthly basis. In 2010,
these numbers grew dramatically. For example: during January 2010, 268 subscribers posted



II. The Scalping Scheme
39. From March 2009 through at least 2010, Williams, through FIA and Monk’s Den,
knowingly or recklessly schemed to defraud buyers and holders of Cascadia and Green Oasis
stock by recommending it to his followers while simultaneously selling his own shares. The
scheme occurred in the following way. Williams contracted with Cascadia and Green Oasis to
promote their stock in exchange for millions of free and discounted shares. After receiving his
shares, Williams created demand for the stocks by promoting them to his Monk’s Den followers
as “Plays” or buys and by selecting them as targets for Float Lock Downs



http://www.sec.gov/litigation/complaints/2012/comp22420.pdf

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.