Microcap – Page 17 – Goode Trades

Yet another worthless 3D printing pump & dump: 3D Pioneer $DPSM

I first received emails promoting 3D Pioneer (DPSM) prior to the market open yesterday. These emails linked to http://fmtpage.com/dpsm/

Disclosed budget: $475,000
Promoter: Forelink Technologies & Future Money Trends
Paying party:
Shares outstanding: 76,032,000
Previous closing price: $0.679
Market capitalization: $60 million

Screenshot of PBFI pump page:

Excerpt from disclaimer:

FT [Forelink Technologies] has managed a total production budget of up to four hundred and seventy five thousand dollars for advertising efforts and will retain any amounts over and above the cost of production, copywriting services, mailing and other distribution expenses, as a fee for its services. Future Money Trends is paid $14,500 as an editorial fee from FT and also expects to receive new subscriber revenue as a result of this advertising effort.

Full disclaimer:

IMPORTANT NOTICE AND DISCLAIMER: This advertising issue of Future Money Trends does not purport to provide an analysis of any company’s financial position, operations or prospects and this is not to be construed as a recommendation by Future Money Trends or an offer or solicitation to buy or sell any security. 3D Pioneer Systems, (DPSM)), the company featured in this issue, appears as paid advertising by Forelink Technologies to provide public awareness for DPSM. Future Money Trends and Forelink Technologies (FT) have used outside research and writers using public information to create the advertisement coming from Future Money Trends about DPSM. Although the information contained in this advertisement is believed to be reliable, Future Money Trends and FT makes no warranties as to the accuracy of any of the content herein and accepts no liability for how readers may choose to utilize the content. All commodity, stock prices and theoretical projections were current as of the writing of this advertisement. Prices and projections may not be current as of the dissemination of this advertisement. Readers should perform their own due-diligence, including consulting with a licensed, qualified investment professional or analyst. Further, readers are strongly urged to independently verify all statements made in this advertisement and perform extensive due diligence on this or any other advertised company. Future Money Trends is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. Many states have established rules requiring the approval of a security by a state security administrator. Check with http://www.nasaa.org or call your state security administrator to determine whether a particular security is licensed for sale in your state. Many companies have information filed with state securities regulators and many will supply in- vestors with additional information on request. FT has managed a total production budget of up to four hundred and seventy five thousand dollars for advertising efforts and will retain any amounts over and above the cost of production, copywriting services, mailing and other distribution expenses, as a fee for its services. Future Money Trends is paid $14,500 as an editorial fee from FT and also expects to receive new subscriber revenue as a result of this advertising effort. *More information can be received from http://3d-pioneer.com. Further, specific financial information, filings and disclo- sures as well as general investor information about publicly traded companies like DPSM, advice to investors and other investor resources are available at the Securities and Exchange Commission website www.sec.gov and www.nasd.com. Any investment should be made only after consulting with a qualified investment advisor and after reviewing the publicly available financial statements of and other information about the company and verifying that the investment is appropriate and suitable. Investing in securities is highly speculative and carries a great deal of risk especially as to new companies with limited operations and no history of earnings. The information contained herein contains forward-looking Information within the meaning of section 27a of the Securities Act of 1993, as amended, and section 21e of the Securities Exchange Act of 1934, as amended, including statements regarding expected growth of the featured company. In accordance with the safe harbor provi- sions of the Private Securities Litigation Reform Act, DPSM notes that statements contained herein that look forward in time, which include everything other than historical information, involve risks and uncertainties that may affect the Company’s actual results of operations. Factors that could cause actual results to differ include the size and growth.

PDF copy of pump page

Disclaimer: I have no position in any stock mentioned above. I have no relationship with any parties mentioned above. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

The World’s first blueberry pump & dump: Patriot Berry Farms $PBFI

I first received emails promoting Patriot Berry Farms (PBFI) yesterday prior to the market open. Some of these emails linked to the pump page at HealthyStockProfits.com. Yesterday is also the first day the stock attracted meaningful trading volume. This looks like a half-assed pump and I expect it to dump soon.

Disclosed budget: $175,000

Promoter: PigeonRock Media & Wall Street Revelator / Andy Carpenter
Paying party: affiliates of PigeonRock Media
Shares outstanding: 71,409,871
Previous closing price: $0.84
Market capitalization: $60 million

Considering the six-month price target is only $1.81, I think it likely that the stock will never make it to $1.00

Screenshot of PBFI pump page:

Excerpt from disclaimer:

PigeonRock Media has managed up to a $175,000 USD advertising production budget as of June 1, 2013 in an effort to build industry and investor awareness. Any funds leftover after expenses for research, overhead, advertising and public relations related to Patriot Berry Farms (ticker symbol PBFI) will be considered profit. Entities related to PigeonRock Media hold a large amount of shares in PBFI and intend to sell those shares. Their sales of PBFI common stock will affect the value of your shares (negatively). This should be considered a direct conflict of interest.

Full disclaimer:

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND IN THIS REPORT. This publication is distributed free of charge and does not provide an analysis of a company’s financial position. The information contained herein has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company, including Patriot Berry Farms, (PBFI. Patriot Berry Farms’ financial position and all other information regarding Patriot Berry Farms should be verified with the company. An individual should never invest in the securities of any company, including PBFI based solely on information contained in this advertisement. Information about many publicly traded companies, including Patriot Berry Farms, and other investor resources can be found at the Securities and Exchange Commission’s website at www.sec.gov. Investing in securities is speculative and carries risk. PBFI is a penny stock and subject to greater risk. It is recommended that any investment in any security should be made only after consulting with your investment advisor and only after reviewing all publicly available information, including the financial statements of the company. This mailing piece is not intended to be, nor should it be construed as, an offer to sell or a solicitation of an offer to buy securities, nor should it be construed as the provision of any investment- related advice or services tailored to any particular individual’s financial situation or investment objective(s). The Wall Street Revelator is a bona fide publication of general and regular circulation offering impersonalized investment-related research to readers and/or prospective readers and is not an investment adviser either with the U.S. Securities and Exchange Commission (SEC) or with any state securities regulatory authority. The Wall Street Revelator is neither licensed nor qualified to provide financial advice. As such, it relies upon the “publisher’s exclusion” as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. Investing in companies like Patriot Berry Farms carries a high degree of risk. Do not invest in this company unless you can afford to possibly lose your entire investment. Individuals should assume that all information contained herein about PBFI and other companies is not trustworthy unless verified by their own independent research. The Wall Street Revelator and/ or its publishers, Andrew & Lynn Carpenter has received a total amount of fifteen thousand dollars in cash compensation to assist in the writing of this Advertisement, as well as potential future subscription and advertising revenues, the amount of which is not known at this time with respect to the publication of this Advertisement and future publications. Andrew and Lynn Carpenter have never owned, and never will own, shares, options or warrants in PBFI. Third Party Advertiser/Advertising Agency IMPORTANT NOTICE AND DISCLAIMER. PigeonRock Media has managed up to a $175,000 USD advertising production budget as of June 1, 2013 in an effort to build industry and investor awareness. Any funds leftover after expenses for research, overhead, advertising and public relations related to Patriot Berry Farms (ticker symbol PBFI) will be considered profit. Entities related to PigeonRock Media hold a large amount of shares in PBFI and intend to sell those shares. Their sales of PBFI common stock will affect the value of your shares (negatively). This should be considered a direct conflict of interest. Please review all investment decisions with a licensed investment advisor. This report is a commercial advertisement and is for general information purposes only. PigeonRock Media are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on this site or emails unless you can afford to lose your entire investment. This project currently does not contain any known proven or probable reserves under SEC reporting standards. The references in this advertisement to reserves or future revenue are a reference only to potential in-place reserves or future revenue. Investors are cautioned not to assume that these figures reflect economically and legally recoverable quantities of minerals or sales of products. Additionally, this advertisement includes forward-looking statements and information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding expected growth of the featured company. Any statements that express or involve discussions with respect to predictions, expectation, beliefs, plans, projections, objectives, goods, assumptions or future events or performance may be forward-looking statements. The forward-looking statements contained herein (which include all statements other than historical information) are based on expectations, estimates and projections at the time the statements are made that involve a significant number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. To the fullest extent of the law, we will not be liable to any person or entity for the quality, accuracy, completeness, reliability, or timeliness of the information provided herein, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information we provide to any person or entity (including, but not limited to, lost profits, loss of opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information)

PDF copy of pump page

A Rare manipulative trading win for the SEC

The SEC slaps the wrists of a couple brokers and a trader in a case that covered multiple charges, but the most interesting is the manipulative trading charge against Joseph Dondero. See the administrative proceeding (PDF).

Below is an excerpt that explains Dondero’s manipulative trading (emphasis mine):.

G. DONDERO’S MANIPULATIVE TRADING SCHEME

21. During the Relevant Period, Dondero repeatedly manipulated the markets of U.S.
listed and over-the-counter stocks by engaging in the practice of layering. Layering concerns
the use of non-bona fide orders, or orders that the trader does not intend to have executed, to
induce others to buy or sell the security at a price not representative of actual supply and
demand. More specifically, Dondero placed buy (or sell) orders that he intended to have
executed, and then immediately entered numerous non-bona fide sell (or buy) orders for the
purpose of attracting interest to the bona fide order. Dondero placed these non-bona fide orders
to induce, or trick, other market participants to execute against the initial, bona fide order.
Immediately after the execution against the bona fide order, Dondero cancelled the open,
non-bona fide orders. He typically then repeated this strategy on the opposite side of the
market to close out the position.

22. Using this strategy, Dondero induced other market participants to trade in a
particular security by placing and then cancelling layers of orders in that security, creating
fluctuations in the national best bid or offer of that security, increasing order book depth, and
using the non-bona fide orders to send false signals regarding the demand for such security,
which the other market participants misinterpreted as reflecting true demand. Dondero’s orders
were intended to deceive and did deceive other market participants into buying (or selling) stocks
from (or to) Dondero at prices that had been artificially raised (or lowered) by Dondero.

Example of Layering by Dondero

23. Dondero’s trading in the stock of First Capital, Inc. (FCAP) from 9:34:24 to
9:54:09 on May 8, 2009, illustrates his pattern of layering. At 9:34:25, Dondero placed an
order to buy 100 shares of FCAP at $16.20 per share. Prior to Dondero placing his order, the
inside bid was $14.01 and the inside ask was $17.00. Dondero’s buy order raised the National
Best Bid (“NBB”) from $14.01 to $16.20. At 9:34:29, Dondero placed an order to sell 2,000
shares of FCAP at $16.21 per share. This order did not change the National Best Offer
(“NBO”) because Dondero used an order type that allowed him to not display his order to other
market participants; thus, the NBO remained at $17.00.

24. At 9:34:31, Dondero placed two orders to buy a total of 1,000 shares of FCAP at
$16.20. He immediately cancelled these orders and placed another order at 9:34:35 to buy 100
shares of FCAP for $15.10. The NBB at this point was still $16.20, established by Dondero’s
open orders. At 9:36:49, Dondero again placed two orders to buy a total of 1,000 shares of
FCAP at $16.20 and then immediately cancelled those orders. At 9:36:51, Dondero placed an
order to buy 100 shares of FCAP at $16.10 and then cancelled his only other outstanding buy
order at $16.20. At this point, the NBB was $16.10, representing Dondero’s open orders.
Apparently realizing that his bona-fide sell order was not getting executed, he then cancelled his
outstanding sell order of 2,000 shares at $16.21. At 9:36:56, he placed a new non-displayed
order to sell 2,000 shares of FCAP for $16.11 per share, one cent higher than his current order to
buy. At 9:36:57, he placed four orders to buy a total of 2,000 shares of FCAP at $16.10,
cancelling one of those 500 share orders. At 9:36:59, 500 shares of Dondero’s outstanding sell
order were sold at $16.11 per share. At 9:37:00, he then placed three additional 500 share buy
orders at $16.10. At 9:37:01, 300 shares of his 2,000 share sell order were sold at $16.11. He
then proceeded to cancel most of his outstanding buy orders.

25. For twenty minutes, Dondero’s orders constituted the best bid, dropping it over
time to $16.00. He cancelled buy orders during this time, but always had at least one buy order
open. The purpose of maintaining an open bid appears to be that it prevents the best bid from
falling substantially. During this time, he placed non-displayed sell orders near the best bid in
the range of $16.01 to $16.21. He managed to sell 1,700 shares for an average price of $16.06.
He purchased no shares during this time. When Dondero cancelled all of his remaining buy
orders at 9:54:07, the NBB returned to $14.01. The best offer was $16.50 at this time. During
this time, Dondero placed 36 buy orders while only placing 9 sell orders. Dondero covered his
short position the next day yielding him approximately $2,919 in profits.

26. Dondero engaged in this manipulative strategy repeatedly, placing hundreds of
thousands of orders during the Relevant Period with the intent to change the NBB or NBO while
at times cancelling greater than 90 percent of his orders.

27. The manipulative trading comprised almost 100 percent of Dondero’s profitable
trading and resulted in profits of $984,398.

So what we have here is not a guy showing a large bid / offer a few times, but rather a person whose only real trading strategy involves placing scores of fake bids and offers, literally hundreds of thousands of orders. And what penalty does he pay?

M. Respondent Dondero shall, within (10) days of the entry of this Order, pay disgorgement of $1,102,999.96 plus prejudgment interest of $46,792 for a total of $1,149,791.96 to the United States Treasury. If timely payment is not made, additional interest shall accrue pursuant to SEC Rule of Practice 600.

Dondero pays back all his ill-gotten gains and a little bit extra to account for interest. That is barely a slap on the wrist.

Disclaimer: I have no position in any stock mentioned. I have no relationship with any parties mentioned above. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

Mary Jo White on SEC trading suspensions on pump and dumps

Below is an excerpt from a speech by SEC chair Mary Jo White that was posted on the web today. It is nice to see her comments on the utility of trading suspensions and asset freezes.

We also rely on our temporary suspension authority to stop trading in securities that are the objects of pumps-and-dumps. Just last month, we suspended trading in 255 companies, any one of which might have been the next vehicle for stock manipulators.[14] There were more than 1,000 similar suspensions over the last two years.[15] These trading suspensions perform a critical investor protection function—not only do they stop trading in the company’s stock for ten days, but they also have the effect of preventing market makers from displaying quotes in those securities until the company updates its public disclosures. We also have been using our trading suspension authority more frequently to cut off trading while the pump-and-dump is in progress.

Disclaimer: No position in any stock mentioned above. I have no relationship with any parties mentioned above. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

SEC Suspends trading in fourth (and largest so far) pot stock $CANN Advanced Cannabis Solutions

This morning in premarket the SEC suspended trading in Advanced Cannabis Solutions (CANN). CANN joins CDFT, PTOG, and AVNE on the list of marijuana stocks that have been suspended by the SEC over the last month. PTOG reopens for trading tomorrow at the open.

SEC suspension press release
SEC suspension order

Unlike the other marijuana stocks that were suspended for questions over adequacy of disclosures, the SEC suspended trading in CANN because of alleged illegal sales of restricted shares. From the press release:

There are questions regarding whether certain undisclosed affiliates and shareholders of Advanced
Cannabis common stock engaged in an unlawful public distribution of securities. Advanced
Cannabis common stock is dually-quoted on the OTC Bulletin Board and OTC Link.

Trading in CANN will resume at the market open on April 10th, 2014.

Ener-Core Inc (ENCR) gets a sizable stock promotion

I first received emails promoting Ener-Core (ENCR) on March 14th prior to the market open from FreshBrewedMediaNews.com..

Disclosed budget: $500,000

Promoter: Champlain Media LLC and Capital Gains Alert
Paying party: Alliance Financial Media Inc
Shares outstanding: 71,054,173
Previous closing price: $0.77
Market capitalization: $54 million

Below is a screenshot of http://www.encrnews.org/

Excerpt from disclaimer:

CGA [Capital Gains Alert] has received ten thousand dollars for this and related marketing materials from Champlain Media LLC. Alliance Financial Media Inc. has agreed to pay five hundred thousand dollars to Champlain Media LLC …

Full disclaimer:

PDF copy of pump page

[Edit 2014-4-29] Tobin Smith has joined the pump at http://www.encrupdate.com/ and the original pump page has been replaced with Tobin Smith.

encr

PDF copy of pump page

New disclaimer:

disclaimer2

Where in the world is John Babikian? Probably in the UAE

It is time for another John Babikian update. And as always we must ask, where in the world is he? Lebanon, UAE, and Russia are all possible. My current bet is the UAE (United Arab Emirates). I will explain why below.

It turns out that Babikian’s Seychelles shell company Middlebay Trade Ltd. had purchased a vineyard in The Dalles, Oregon. See coverage of this in The Oregonian and The Dalles Chronicle. The SEC obtained a writ of attachment for that vineyard and for Babikian’s houses in California so that those properties will not be sold. See the SEC’s complaint (pdf) against Babikian. Here is the SEC press release from March 13th about obtaining an asset freeze against Babikian.

SEC v. Babikian Doc 6 Filed 13 Mar 14 by scion_scion

By the way, follow Scion_scion on Scribd to see updates to the legal case against Babikian.

Today the SEC filed a detailed declaration (PDF) in seeking a temporary restraining order and asset freeze. This document (also shown below through Scribd) gives some details not previously disclosed. It also shows that the SEC has relied a lot on Babikian’s ex-wife’s lawsuits, which goes to show that Hell hath no fury like a woman scorned. Also, this document explicitly links Robert Kalfayan to Babikian — something that has been known by penny stock researchers for years but with the SEC stating it the odds increase that he will be named in a suit soon. It is also quite possible that he or others are cooperating with the SEC. Kalfayan’s company is directly linked to paying for some Awesomepennystocks.com (APS) emails (see page 6 of the declaration).

Other interesting tidbits include the fact that Babikian acquired his ASWR shares directly from the company in a PIPE and deposited them at John Thomas Financial and from there he transferred the shares to an account at Frankfurter Bank (Brown Brothers Harriman was the US custodian of the shares). On the day that AWSR was pumped he sold a number of shares from that account and also transferred some shares to an account held at Apex Clearing and sold some from that account. (On a side note, John Thomas Financial collapsed after being investigated by FINRA and the SEC for its involvement with AWSR.)

Getting back to the question in the title of this blog post, I believe that Babikian is in the UAE because NetJets recently agreed to repurchase the fractional jet ownership interest of Vertical International Relief Fund (Babikian’s front charity – see info PDF) for substantially below market cost. And:

Babikian has requested that NetJets wire the proceeds to an account in the name of “Elementos Ltd.” at a financial institution in the United Arab Emirates named Emirates NBD [page 17 of document below]

SEC v. Babikian Doc 15 Filed 21 Mar 14 by scion_scion

Disclaimer: No position in any stock mentioned above. I have no relationship with any parties mentioned above except that I am a paying subscriber of PromotionStockSecrets. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

SEC Suspends trading in third pot stock and perennial scam Citadel EFT $CDFT

Smart people have been saying for well over half a year that the SEC should do something about Citadel EFT. The stock almost never traded though until the company put out a press release three weeks ago announcing that the company was getting into the marijuana business.

SEC suspension press release
SEC suspension order

I warned about CDFT multiple times:

Maybe that absurd marijuana PR by $CDFT will finally attract the attention of the SEC and get the stock suspended. As pure a scam as can be

— Michael Goode (@goodetrades) March 4, 2014

…

The $CDFT saga continues .http://t.co/nMd2Jlzi7U idiocy boggles my mind. Still a top watch for potential SEC suspension // I’m short a bit — Michael Goode (@goodetrades) March 11, 2014

I shorted CDFT the day after the marijuana news came out and ended up getting squeezed badly. That is the problem with shorting scams, particularly in a bull market — the stock can go up a lot and squeeze you out before getting suspended by the SEC.

($2,713)loss CDFTShort Stock
IB batch import through 3/18/2014

Interactive Brokers

Posted by MichaelGoode /
http://profit.ly/1ModyH

Unlike with most of its suspensions, the SEC was quite detailed in its reasoning for the trading suspension of CDFT:

The Commission temporarily suspended trading in the securities of Citadel because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning, among other things, the company’s business operations and assets. In particular, there are questions regarding the accuracy, completeness, and validity of Citadel’s several recent press releases, Form 8-Ks, and other public statements since January 2014 relating to transactions involving standby letters of credit (“SBLC’s”), see Prime Bank Instrument Fraud, TreasuryDirect.gov (U.S. Department of the Treasury), http://www.treasurydirect.gov/instit/statreg/fraud/fraud_primebank.htm (last visited Mar. 20, 2014) and Brazilian Letras Tesouro Nacional (“LTN’s”), see Frauds Related to Public Bonds, Tesouro Nacional (Brazil), https://www.tesouro.fazenda.gov.br/en/about-the-federal-publicdebt/ frauds-related-to-public-bonds (last visited Mar. 20, 2014). Citadel is a Wyoming corporation based in Oceanside, California. It is quoted on OTC Link under the symbol CDFT. This order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act).

The Brazilian bonds aren’t even the first fake bonds CDFT has been involved with: there were fake US bonds that they acquired last summer. Janice Shell’s expose of that led the company to threaten her and with a libel lawsuit. I love this quote from that PR:

Gary DeRoos, CEO, Citadel EFT, Inc., states, “The author, Janice Shell, who published batten falsehoods, undermines Citadel EFT, Inc.’s efforts to grow our company to our shareholders’ benefit. Our shareholders are quite perturbed with this website and its posting, and have been proactive in bringing attention to this matter. “

On a related note, George Sharp, the owner of Pumpsanddumps.com, sued CDFT and its CEO a year ago.

American Heritage International $AHII hard mailer pump

I first received emails promoting American Heritage (AHII) on March 13th prior to the market open. As of yesterday people started reporting receiving hard mailers promoting AHII. See a scan of the front cover and disclaimer (pdf).

Disclosed budget: $1,643,756

Promoter: Rui Long International & NationalFutures.com
Paying party: Rui Long International
Shares outstanding: 99,000,000
Previous closing price: $1.56
Market capitalization: $154 million

Below is a screenshot of http://goldmanreport.com/
The content is identical at: http://bigchangeforbigtobacco.com/

Excerpt from disclaimer:

NationalFutures.com received a twenty-five thousand dollar editorial fee

…

Rui Long International Inc has paid or expects to pay upwards of [$1,643,756] as a total production budget

Full disclaimer:

PDF copy of pump page

Disclaimer from hard mailer:

Disclaimer: I am long 9900 shares of AHII in one account and short 9870 shares in another account. I have no relationship with any parties mentioned above. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

SEC Suspends trading in another pot stock: Petrotech Oil & Gas $PTOG

This morning the SEC suspended trading in former oil and gas stock and current me-too marijuana stock Petrotech Oil & Gas (PTOG). PTOG entered the marijuana business and put out a press release about that on February 19. PTOG has also been the subject of numerous email promotional campaigns since last May and continuing to this morning. Here is the disclaimer of one promoter that touted PTOG this morning at 7:53am:

AwesomeStocks.com is a web property owned by Empire Investment Group Ltd. AwesomeStocks.com has been compensated up to $10,000 for this profile of PTOG by a third party. .

The suspension of PTOG scared many traders of marijuana stocks and caused gaps down in TRTC and GRNH. Many traders I know were long PTOG overnight because of its strong close yesterday. PTOG will reopen for trading at market open on March 28th.

SEC suspension release (pdf)
SEC suspension order (pdf)

This is now the second suspension of a marijuana stock, following last week’s AVNE trading suspension. If this continues then the marijuana hype should die down.

The Commission temporarily suspended trading in the securities of PTOG because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning, among other things, the company’s operations.

The Commission acknowledges FINRA’s assistance in this matter.

Disclaimer: I was long GRNH overnight and lost some money as it gapped down. I have no net position in TRTC at the moment but I am long 3183 shares in one account and short 3183 shares in another account. I have no relationship with any parties mentioned above. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.