tells you that people were suckered outof their shares. When the denial news was released there was a lot of selling going on but there was even more buying big buying at very lowprices Kinross and insiders were buying them up. This was the intent al along. Like MoMo was telling everyone if youwant srge shares you wil have to pay a premium price starting Jan 14. I know it was hard to watch the price go down and lose money but a decision had to be made old or sell and the few of us that held wll eventually see huge profits
This so-called Michael Davies is not the first, and certainly won't be the last, to announce fake deals. He was just one of the few who had the hammer dropped before he was able to maximize the effect.
MICHEAL DAVIES IS NOT THAT stupid to announce a deal that never happened, if he is a true scam artist like everyone claims and has the experience to scam people he would bought a lot more time to scam.
MICHEAL DAVIES IS NOT THAT stupid to announce a deal that never happened, if he is a true scam artist like everyone claims and has the experience to scam people he would bought a lot more time to scam.
First, there is no proof Michael Davies exists - I have been waiting for 5 months for his Bio with a work and education history.
I don't think you would have made the statement above if you had followed nodummy's DD about the conncetion between SRGE and SAEI.
The same people are involved and they are doing this PnD exactly the same way.
They were both suspended for the same reasons - issuing false press release. SAEI said in a PR:
SEC suspends trading in Supatcha Resources
POSTED: 12/17/2010 08:55:55 AM MST The Denver Post
The Securities and Exchange Commission today suspended trading in the shares of Denver-based gold-mining firm Supatcha Resources Inc.
The SEC said trading is suspended effective today through Dec. 31.
Regulators said the order was issued "because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning, among other things, a geological report concerning the company's mining prospects in Ukraine and a purported tender offer for the company's outstanding shares."
Earlier this week, Russian investment company Onexim Group denied that it made an offer to acquire Supatcha.
Moscow-based Onexim, controlled by billionaire investor Mikhail Prokhorov, said in a statement that it "categorically denies any involvement with Supatcha Resources Inc. A news release by that company indicating that Mr. Prokhorov is involved in an unsolicited bid to purchase shares is completely false."
So, it is exactly the same type of pump - nothing has changed. Except that the SEC suspended SRGE in 2 days and it took 3 days for SAEI.