Replies to post #93553 on DD Support Board and Research Team

[nodummy]

Most of that discover seems to be focused on the two stock promotions which were named in the early litigation surrounding Robert Bandfield, Andrew Godfrey and the original Belize Money Laundering Ring bust

http://promotionstocksecrets.com/500-million-belize-penny-stock-manipulation-ring-shut/

Those tickers were CANA and ENIP

http://promotionstocksecrets.com/cannabis-rx-inc-cana-updated-research-report/

http://promotionstocksecrets.com/endeavor-ip-inc-enip/

I see references to the Swiss Accounts used in the promotions and the many many Caribbean based brokerage and clearing firms.

I'm still waiting for the SEC/FBI to name Bank Gutenberg AG in litigation.


Currently there is a stock promotion going on for a shell that was set up as a mirror to CANA called Black Stallion Oil & Gas Inc (BLKG). Obviously the regulators have barely put a dent in these pump&dump operations as people involved in many of these old tickers are still running paid promotions on tickers while controlling the entire float today. American Resources Exploration Inc (AREN) which is also a current paid promotion is another great example.

http://promotionstocksecrets.com/america-resources-exploration-inc-aren-stock-research-report/

http://promotionstocksecrets.com/eric-van-nguyen/



I also see a reference to Sterling Securities which I did a whole report on back in 2013.

http://promotionstocksecrets.com/clearing-penny-stock-certs-through-panama/


I believe Sterling Securities which is based in Panama was founded and controlled by Joseph Padilla, but to date neither Sterling nor Padilla have shown up in litigation. Perhaps there is an arrest warrant out for him and he will be added to the Indictment once he is in custody similar to what happened with Greg Mulholland. Hopefully they arrest Phil Kueber soon too. Padilla and Mulholland are long time close pals. They were both involved in the Rudy Nutrition scam together. Obviously being busted in the past didn't prevent them from continuing to break the law for many more years.

It has been public knowledge that Padilla and Mulholland were helping Awesome Penny Stock and other promo groups to clear certs since at least 2011. I can reference posts made by myself and others here on the DD forum from 2011 stating such. I can reference posts from 2011 on this forum about John Babikian's involvement in these paid promos and posts on this forum from 2010 about Eric Van Nguyen and Luis Carrillo. Yet here we are in 2015 and Kueber, Van Nguyen, Padilla, Babikian, Can, and Carrillo all remain free and these cookie cutter S-1 shell scheme pump&dump paid promos continue to happen.

It's embarrassing to think about how many hundreds of millions of dollars have been stolen from the pockets of retail investors because the SEC lets these penny stock scams repeat over and over again for years before acting then takes too little action to make a big difference when they do finally act.