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EarnestDD

01/17/10 4:58 PM

#5241 RE: mAjOr dAmAgE #5238

Certainly looks like XYNH simply used the Wood deal to PUMP the stock for a bit.
I suppose now Ley will have a deal in Haiti for wood.
Some stock promoters love to prey on disasters.
jmo

Cup of coffee: Carlos and his crew of stock promoters went to Nicaragua, sat down at a coffee with the wood company, expressed a mere interest in buying the company, then issued a PR about billions of dollars worth of wood. No proposal, no LOI, no price offer, no escrow, no nothing. Just a coffee.

So for the cost of a plane ticket and a coffee, they sold about $300,000 in stock during a single day.