Replies to post #161 on Aqua Vie Beverages (fka AVBC)

[Georgia Bard]

Bob I merely responded to your post as you wrote it and yes I am aware that front running is a market maker tactic but it is also an unethical practice by market makers, financial advisors that they trade an equity in advance to information by their analysis department and before their clients have been given the information.

One example of front running are analysts and brokers that buy up shares in company XYZ just before the brokerage is about to recommended the stock as a strong buy.

Another example is a broker who buy's himself 200 shares in stock XYZ just before his brokerage was planning to buy a large block of 400,000 shares.

By your statement you bought prior to a large investment being made. Sales pitch or whatever you wish to call it you can see where what you posted has certain concerns that can be raised.

Also front running is what the internet does before a Newsletter email campaign and what not and sell into it.

It is also consider the first part of a P&D or a "Scalp" but angain I merely interpreted what you posted. It is very damaging in the context you posted it.

If I have mis interpreted what you posted then fine but I dealt with what you stated.

Promising potential buyers prior to what you are investing does not look good and cpuld lead someone to make the assumption I did and did BOP with inside information. Most of these type private placements dealys on fundamentals not on potential future buying.


:=) Gary Swancey

[Bird of Prey]

KB,

I believe his assertions were a complete fabrication.

First the pitch - Buy now because big things are coming this summer. Lots of "big boys" waiting in the wings. Just need a big announcement or two to get the ball rolling.

I'll agree that this has turned out not to be true. However, much of this statement was not available to the general public at the time you indicated (beginning of year). Several "big announcements" have indeed been made since the beginning of this year. But little in the way of real progress with the company. I am not accusing you or your FA of any wrongdoing. I do know that this kind of pitch is common among CEO's, especially on the OTCBB. I personally consider that kind of information to advantageous to the recipient...unless the CEO is providing misinformation.
Which brings me to my second point...
Since you and your compadres are not in a profitable position there is little likely hood of anything serious being filed against you or them for insider trading. TG is quite another matter entirely, By providing this information he would be in serious hot water regardless of the statement's veracity. On the one hand he at least providing unreleased information to favorable parties. On the other he is practicing Fraud. Making untrue statements with the intent of transfering wealth from one party to himself (in this case he and the company are one).
I can imagine that there are many investors like yourself and your FA in TG's past. What has allowed him to continue such a charade I can only guess at.
My first thought is that...fearful of an SEC investigation for "insider trading" none have reported him for the fraud.
Any way you look at this it doesn't come out good for TG or AVBC.
Final point, If you and your FA really believe you were duped by TG, it is your duty to the general public to report it to the SEC.


David Weed
aka the Bird of Prey
www.warp-drive.com

[Long]

Well, knepperbob, very interesting posts today. I thought you were a little overenthusiastic when you started posting more regularly here recently.

Your scheme, ahem, assistance explains sufficiently for me the massive increase in volume of sales and what allowed the company to dilute so many shares when most small investors without TG access would have shyed away from a non-performer. I agree, that cant be good for the company rep. or share price. Oh, well, it got them through a couple of months at a higher price, until March anyway.

The company has been financed by TG from the beginning until today without exception with mature stock issued to him and then reissued to him when the supply has been diminished. Anyone reading the filings could have figured that out in about five minutes.

I read the SEC filings for AVBC - more thoroghly than just the financial statements that I usually do - and could not find what you describe. I saw the accrued salaries - good touch, eh. I have not seen anyone post where they could find to were the dilution was going based on the filings. If you can do it briefly, could you tell me where you saw this, or maybe even better, in the upcoming filing as we all read it?

Thanks