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Zorax

04/26/12 10:36 AM

#24874 RE: BigBake1 #24872

So promoters likely convinced the company to issue shares for “debt” purposes to create some liquidity to “manipulate” the PPS up to create an accumulation illusion.

Thank you. My contention is the 'traders' themselves are creating opportunities and managing everything from the top down. The phony ceo owner, and these guys usually own multiples of shell names, just sit back and sign things or whatnot. In part due to the internet and technology today, an outside source I believe can assert more influence than ever in the pink sheet. I'm seeing a stronger than a cottage industry of pumperclown "One stop scam shop" entrepreneur-ness happening.

An analogy is the guy who fills and takes care of vending machines for someone but then just rents the machine from that guy and pays other people to attend to them. You got a owner, a middleman calling the shots, taking his cut and handing some to the owner.

samsamsamiam

04/26/12 11:10 AM

#24876 RE: BigBake1 #24872

"Well Janice hit the primary way these work but you are on to something here about these illiquid ones that have already done their opening dilution and went to par value and or completely illiquid"

Absolutely. I've witnessed more than a few of these. The "speculation" that the promoters dream up is mindboggling. Like the recent ASYI - with descriptions of it being "BABY FACEBOOK Reverse merger backdoor IPO" to being bought out by Facebook, to being bought out by Walmart, to Facebook actually buying the shares at that time. To top it all off you have Ihubbers emailing the CEO - one pointing out that he needed to update the defaulted Nevada Status - which he said he would do and did - the stock running 200% that day it was posted (of course same person that made the request of the company locked in a cool 200% and said so!).
That stock was riddled with problems - that included Jeff and Peter Robinson's past (and present) problems with the OSC. I did alert the OSC and SEC - the OSC being particularly interested given Peter Robinson (who registered the BirthdaySlam website) still owed them close to 2 million bucks in fines.
I was so unnerved by the bullcrap being spewed - I actually publicly bet my alias and said I would never post on IHUB again if ASYI was bought out by FACEBOOK. Well turns out the merger was terminated - not a big surprise to me at least.

No question in my mind that many of the promoters are taking advantage of thinly traded inactive stocks - and many being repeats - spinning all sorts of tales where there is no public information available to even kick start the fabrications.
i.e. DTTO

CAVEAT EMPTOR.
Delaware reports the company has been in inactive status as of 3/01/2011.

FILE NUMBER ENTITY NAME
3511475 DETTO TECHNOLOGIES, INC.

http://corp.delaware.gov/contact.shtml
Live Support - available 8:30am to 4:00pm Monday thru Friday excluding State Holidays

Entity Information

(click on the Entity info and get LIVE support)





no signs of life - No filings, no news, no public information - so either someone received insider information and frontloaded or someone is outright lying. I suspect the latter.


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samsamsamiam

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Thursday, April 26, 2012 10:29:57 AM
Re: HDOGTX post# 3578

Post # of 3605

Actually the sellers did connect the obvious - if they checked this board last year.
NOTHING has happened since they filed that Form 15.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65571722

HDOGTX

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Tuesday, July 26, 2011 1:13:44 PM
Re: Redlegs post# 1167

Post # of 3590

DTTO's White Canyon making Huge Strides, IMO the 15g filings is the kick off to DTTO becoming fully reporting or a potential buy-out for White Canyon is approaching, either way this is great for DTTO PPS!!

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THE FACTS:
Delaware confirmed the company has been in inactive status since 3/01/2011.
Their last amendment with the share structure was back in 2009 - 400,000,000 common and 20,000,000 preferred.
It remains a CAVEAT EMPTOR.
There have been NO filings with the SEC or even pinksheets.
No News.
No "fully reporting" status in sight.
No Buyout (given they were already owned)
No nothing other than someone rewashing the same storyline that was done last year - a storyline that turned out totally bogus.

Anyone that doesn't take profits on this orchestrated pump and dump is a fool.
It ain't that hard to connect the dots!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74872332