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Red Knob

04/27/12 2:28 PM

#13425 RE: gibnit #13424

It may exist in some shape or fashion - these companies usually do. Here, let me look at my long list of examples.

Collegenna Skin Products sold real products and was associated with 4 different scam symbols - MONA, GLCC, HTDS, and now AGIJ. All of them (with the exception of AGIJ because its a work in progress) went to nothing. These products weren't really special and didn't really sell all that well. They didn't even really try to market them that much, it just acts a 'vehicle' to sell shares to the public. It makes them look more legit. It may have only taken a few thousand dollars to come up with those products and few thousand more to get them stocked on some shelves, but they made millions of dollars selling the shares.

ZVTK sold real ionizing light bulbs that really worked and they even sold them in some Walgreens - yeah, they went through a R/S recently too.

SKGO had a subsidiary 'Shot in the Gas' which sold fuel pills that were supposed to get you better mileage by acting as a fuel catalyst and cleansing your engine. SKGO sold 100s of millions of shares between 0.001-0.009 and now sits at 0.0001.

FOGC actually had a few wells that they were 'drilling oil'. These wells actually existed. They probably paid a 20-50 thousand dollars to aquire these wells (which were probably empty/non-operational) so they could promote their business and make hundreds of thousands of dollars selling their shares to the public.

So to answer your question: I don't know if Rebel Networks exists. It probably does to some extent, but I can assure you that ADHC only uses it as a vehicle for their pump and dump scam. I've only listed a few, but the real list is somewhere in the thousands. There are a huge amount of penny stocks that work this way - you need to be careful. Many people think these companies have a real future. They think - what if this becomes the next big oil company, or the next amazon.com, etc. Those companies did not start out as penny stocks (a big misconception). When they had their IPOs, the shares were going for $10 or more in a lot of cases because they were successful before they went public. Most company's go this route. The number of company's that go from 0.0001 to $10 a share is really 0. It doesn't happen. Life isn't that easy.