Microcap – Page 18 – Goode Trades

Be careful what you smoke: SEC Suspends trading in pot stock $AVNE

Two days ago the SEC suspended trading in Aventura Equities, Inc (AVNE). AVNE is one of a large number of penny stocks that have recently issued press releases stating that they are getting into the marijuana business. While there are a few real marijuana-related penny stock companies (all of which are horrible companies and have overvalued stocks), most of the companies recently issuing press releases are little more than shells.

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

The reasoning given for the trading suspension should strike fear in everyone trading these ‘wannabe’ marijuana stocks:

The Commission temporarily suspended trading in the securities of Aventura because of questions concerning the adequacy and accuracy of publicly available information about Aventura, including, among other things, its financial condition, the control of the company, its business operations, and trading in its securities.

The press release that the company issued to announce that it was entering the marijuana business was issued on February 26, 2014. The stock more than doubled and traded a decent number of shares in the weeks following that press release. Also of note is that AVNE is linked to the Jan / Hipple company iEquity, which is also linked to SKTO and AEGY (which have both entered the marijuana business recently as well). I would not be surprised to see those stocks get suspended soon. I previously wrote about why I thought SKTO was at risk of an SEC trading suspension, almost a year ago.

Disclaimer: I have no position in any stocks 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.

SEC Suspends trading in three recent pump and dumps

Today the SEC suspended trading in Suburban Minerals Corp. (SUBB), Global Earth Energy, Inc. (GLER), and Broadcast Live Digital Corp. (BFLD).

SUBB suspension release (pdf)
SUBB suspension order (pdf)

SUBB has been promoted since January 7th of this year by most of the promoters out there. It was suspended by the SEC because of

The Commission temporarily suspended trading in Suburban due to a lack of current and
accurate information concerning the securities of Suburban including questions regarding the
accuracy of publicly available information about the company’s operations.

The SEC acknowledges the assistance of the Alberta Securities Commission, Quebec Autorité
des Marchés Financiers, and the British Columbia Securities Commission in this matter.

That is of course the standard SEC boilerplate language, although the 2nd paragraph quoted above indicates that the Canadians alerted the SEC about the problems with SUBB.

GLER suspension release (pdf)
GLER suspension order (pdf)

GLER was promoted back in May of 2013 and again in November 2013 by various promoters including VIPStockReports.com. The SEC was more specific in its language about why GLER was suspended:

The Commission temporarily suspended trading in the securities of Global Earth because, among
other things, of questions regarding the accuracy and completeness of Global Earth’s
representations to investors and prospective investors in Global Earth’s public filings with the
Commission and Global Earth’s publicly-available press releases and other public statements. In
particular, there are questions regarding the accuracy and completeness of Global Earth’s public
assertions relating to its business transactions with Hawk Manufacturing Corp.

BFLD suspension release (pdf)
BFLD suspension order (pdf)

BFLD was promoted all throughout 2013 and even through this morning, by many different promoters. This morning it was promoted by PennyPicks.net, BreakoutBulls.com, and InvestmentNewsalert.com.

The reasons given for the suspension of BFLD are the standard boilerplate language the SEC uses:

The Commission temporarily suspended trading in BFLD due to a lack of current and accurate
information concerning the securities of BFLD because of questions regarding the accuracy of
publicly available information about the company’s operations. BFLD’s ticker symbol is BFLD.

Hydrophi $HPTG a New Tobin Smith pump & dump

I first received pump emails on HPTG on February 10th, 2014 prior to the market open from BestPennystocks.com. I first received a pump email linking to an online promotion page prior to the market open on February 12th from InsiderWealthAlert.com. That email linked to http://www.smallcapgenius.com/. There is an identical page at http://www.todaystechstock.com/

Unfortunately the volume in HPTG has been so anemic so as not to even be worth shorting the stock.

Disclosed budget: $500,000

Promoter: Esquire Media Services Inc & Tobin Smith / NBT Equities
Paying party: ??
Shares outstanding: 102,665,126
Previous closing price: $0.70
Market capitalization: $71 million

Below is a screenshot of the top of the http://www.todaystechstock.com/ website.

Excerpt from disclaimer:

Esquire Media Services Inc (EMS) has managed up to a $500,000 USD advertising production budget as of January 21, 2014 in an effort to build industry and investor awareness for HydroPhi Technology Group Inc (ticker symbol: HPTG). Any funds leftover after expenses for research, overhead, advertising and public relations related to HydroPhi Technology Group Inc (ticker symbol: HPTG) will be considered profit. Entities known to Esquire Media Services Inc hold common shares in HPTG and they can chose to sell those shares at any time.

Full disclaimer:

IMPORTANT NOTICE AND DISCLAIMER: This paid email advertisement by Tobin Smith’s NBT Investor Pro (hereafter “TS”) 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 TS, or an offer to sell or solicitation to buy or sell any security. HydroPhi Technologies Group, Inc. (hereafter “HPTG”), the company featured in this issue, appears as paid advertising. Although the information contained in this advertisement is believed to be reliable, TS makes no warranties as to the accuracy of any of the content herein and accepts no liability for how readers may choose to utilize it. The information contained herein is based exclusively on information generally available to the public and does not contain any material, non-public information. Readers should perform their own due-diligence before investing in any security including consulting with a qualified investment advisor or analyst. Readers should independently verify all statements made in this advertisement and perform extensive due-diligence on this or any other advertised company. TS has received fifty thousand dollars from Esquire Media Services, Inc. for this and related marketing materials. TS also expects to receive new subscriber revenue, the amount of which is unknown at this time, as a result of this advertising effort. TS nor any of their principals, officer, directors, partners, agents, or affiliates are not, nor do we represent ourselves to be, registered investment advisors, brokers, or dealers in securities. TS 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. Research and any due diligence was conducted by an outside researcher for this advertisement. More information can be received from HPTG’s website at www.hydrophi.com. Further, specific financial information, filings and disclosure documents and general investor information about publicly listed companies and other investor resources can be found at the Securities and Exchange Commission website at www.sec.gov and www.finra.org as well as www.otcmarkets.com Any investment should be made only after consulting with a qualified investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Many states have established rule requiring the approval of a security by a state security administrator. Check with www.nasaa.org or call your state security administrator to determine whether a particular security is licensed for sale in your state. This advertisement is not intended for readers in any jurisdiction where not permissible under local regulation and investors in those jurisdictions should disregard it. Investing in securities, especially those listed on the Over The Counter (OTC) market, are highly speculative and carry a great deal of risk, which may result in investors losing all of their invested capital. Past performance does not guarantee future results. The information contained herein contains “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 continual growth of the featured company. “Forward-looking” statements are based upon expectation, estimates and projections at the time the statements are made and involve risks and uncertainties that could cause actual events to differ materially from those anticipated. “Forward-looking” statements may be identified through the use of words such as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could , should or might occur. Any statements that express or involve predictions, expectations, beliefs, plans, projections, objectives, goals or future events or performance may be “forward-looking” statements. In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the publisher notes that statements contained herein that look forward in time, which include 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, but are not limited to, the size and growth of the market for the company’s products and services, regulatory approvals, the company’s ability to fund its capital requirements in the near term and the long term, pricing pressures and other risks detailed in the company’s reports filed with the Securities and Exchange Commission. All other trademarks used in this publication are the property of their respective trademark holders. TS is not affiliated, connected, or associated with, and is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by TS to any rights in any third-party trademarks.

Third Party Advertiser IMPORTANT NOTICE: Esquire Media Services Inc (EMS) has managed up to a $500,000 USD advertising production budget as of January 21, 2014 in an effort to build industry and investor awareness for HydroPhi Technology Group Inc (ticker symbol: HPTG). Any funds leftover after expenses for research, overhead, advertising and public relations related to HydroPhi Technology Group Inc (ticker symbol: HPTG) will be considered profit. Entities known to Esquire Media Services Inc hold common shares in HPTG and they can chose to sell those shares at any time. The sales of HPTG common stock by these entities could negatively affect the value of your shares. This should be considered a direct conflict of interest and you should consider this impact prior to making any investment decisions. Please review all investment decisions with a licensed investment advisor. This report is a commercial advertisement and is for general information purposes only. Esquire Media Services Inc 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.

Third Party Advertiser Disclaimer IMPORTANT NOTICE: This is sponsored advertising and does not purport to provide an analysis of the featured company’s (HydroPhi Technology Group Inc.) financial position, operations or prospects and is not to be construed as a recommendation or solicitation by Esquire Media Services Inc to buy or sell any security. EMS is a firm which refers and facilitates the services of third-party vendors and advertising related service providers to persons wishing to sponsor advertising that may feature or include publicly-traded companies. EMS is not a financial analyst, investment advisor or broker/dealer. The services provided by EMS in connection with this advertisement are limited to the introduction of third party advertiser to copywriter services and paid endorser, the renting of distribution list(s), and managing the production and distribution of this advertisement. EMS is not responsible for the endorsement of this advertisement, which is the sole responsibility of Tobin Smith’s NBT Investor Pro Newsletter (TS). TS expects to receive an unknown amount of subscription revenue as a result of this advertising effort. EMS makes no warranties as to the accuracy of the content of this advertisement and expressly disclaims and assumes no liability for how readers may choose to utilize the content of this advertisement. This advertisement may provide the addresses of or contain hyperlinks to outside or third-party websites, EMS has not reviewed any such websites and takes no responsibility for the contents thereof or any possible effects resulting from accessing any such websites. The contents of any such websites do not in any way constitute a part of this advertisement. Accessing such websites or following any link shall be at your own risk.

PDF copy of pump page

Disclaimer: I have no position in HPTG. 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 Wins judgment against Jerry Williams of Monk’s Den in stock scalping suit

I previously wrote about how the SEC sued Jerry S. Williams aka Monk from Monk’s Den on InvestorsHub. I also wrote about how even if Jerry Williams hadn’t been scalping his followers (selling when he said he was buying) his ‘float lock-down’ schemes were illegal.

Well, the SEC won a judgment (filed February 12th) against Williams to the tune of $2,357,208 in disgorgement of illicit profits, $188,766 in interest, and $2,357,208 in civil penalties. It is nice to see the good guys win once in awhile and with a judgment of twice his illicit profits.

SEC press release

The Securities and Exchange Commission announced today that on February 12, 2014, a Connecticut federal court entered judgments against a former Connecticut-based stock promoter, Jerry S. Williams, and two companies that he controlled, Monk’s Den, LLC and First In Awareness, LLC, who are defendants in a Commission enforcement action filed in 2012 alleging that they operated a fraudulent Internet-based stock touting and scalping scheme. The judgments order the defendants to pay a total of over $9.6 million.

Judgment against Jerry Williams (pdf)

Credit goes to Scion for finding and posting the judgment first.

SEC v. Williams Et Al Doc 70 Filed 12 Feb 14 by scion_scion

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.

Great East Energy $GASE pump and dump

Again, my apologies for this delayed posting. One of the earlier public (not in a paid service) mentions of the GASE pump was on Twitter (and I retweeted that) on February 1st:

$GASE –http://t.co/ZzaOvFMRuP Want another Million $ Production? Its there already! 1.1M Budget

— TheReal666 (@TheReal666) February 1, 2014

Disclosed budget: $1,100,000
Promoter: Absolute Media Services / Frank’s Penny Stocks / Frank Baldoria
Paying party: Luxair Contracts Inc
Shares outstanding: 50,827,896
Previous closing price: $0.62
Market capitalization: $31 million

Below is a screenshot of the top of the GASEreport.com website.

Excerpt from disclaimer:

Please visit http://www.frankbaldoria.com/disclaimer.asp to read our full disclaimer. Absolute Media Services expects to receive up to $1,100,000 USD from its client Luxair Contracts Inc., the third party advertiser for this advertising in an effort to build investor awareness for Great East Energy Inc.

Full disclaimer:

IMPORTANT NOTICE AND DISCLAIMER: Frank’s Penny Stocks is an independent paid circulation newsletter. This paid advertising issue of Frank’s Penny Stocks does not purport to provide an analysis of any company’s financial position or prospects and this is not to be construed as a recommendation by Frank Baldoria and/or Frank’s Penny Stocks and is not in any way to be construed as an offer or solicitation to buy or sell any security. This stock was chosen to be profiled after Frank’s Penny Stocks completed due diligence on the stock. Although the information contained in this advertisement is believed to be reliable, Frank’s Penny Stocks and its editors make no warranties as to the accuracy of the description of any of the content herein and accept no liability for how readers may choose to use it. Frank Baldoria and/or Frank’s Penny Stocks, including any of our principals, officers, directors, partners, agents, or affiliates are not, nor do we represent ourselves to be, registered investment advisors, brokers, or dealers in securities. Readers should independently verify all statements made in this advertisement. Product names, logos, brands, and other trademarks featured or referred to within this email and online report are the property of their respective trademark holders. These trademark holders are not affiliated with Frank’s Penny Stocks. This email and report, and the opinions of those quoted within are for informational and advertising purposes only. Speculation in securities carries a high degree of risk, and investors purchasing speculative investments should be capable of absorbing losses of all of their invested capital. There is no assurance that the featured company will receive additional funding or experience any future development necessary for corporate success. Information contained in this email and online report contains forward-looking 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 the expected continual growth of the market for the company’s products, the company’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur. Past investment performance is not in any way indicative of future investment performance. Readers must consult with registered professional investment, taxation, and portfolio advisors before making an investment decision. This email and report are a solicitation for subscriptions. Great East Energy, Inc. (hereafter GASE), the company featured in this report, appears as paid advertising, paid by Luxair Contracts Inc. (a non-affiliated third-party). GASE has neither approved nor paid for this specific advertisement. Frank’s Penny Stocks received a FIVE thousand dollar editorial fee from Luxair Contracts Inc. to cover editorial costs associated with the development of this email and report. Frank’s Penny Stocks stands to make a profit from the editorial services charged. Frank’s Penny Stocks expects to generate new subscriber revenue, the amount of which is unknown at this time, to its online newsletter through the distribution of this email and online report. Please visit http://www.frankbaldoria.com/disclaimer.asp to read our full disclaimer. Absolute Media Services expects to receive up to $1,100,000 USD from its client Luxair Contracts Inc., the third party advertiser for this advertising in an effort to build investor awareness for Great East Energy Inc. This is not intended for readers in any jurisdiction where not permissible under local regulations and investors in those jurisdictions should disregard the content and any information from Frank’s Penny Stocks. Readers and members must also independently verify the blue-sky eligibility of any securities mentioned within this email and report. Further, specific financial information, filings and disclosures as well as general investor information about publicly listed companies and other investor resources can be found at the U.S. Securities and Exchange Commission website at www.sec.gov.

PDF copy of pump page

Disclaimer: I have no position in GASE. 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.

Spam pump Imogo Mobile Technologies $IMTC suspended by SEC as predicted

I previously wrote about the Imogo Mobile Technologies (IMTC) spam / hard mailer pump. I wrote the following in that post:

The most recent stock promoted by StockCastle was NVGC and that was suspended by the SEC. NVGC was also promoted via a hard mailer. IMTC is definitely at risk of a trading suspension.

So it is hardly surprising that the SEC suspended trading in IMTC this morning

IMTC suspension press release (pdf)
IMTC suspension order (pdf)

The reasoning given by the SEC is their boilerplate:

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

Disclaimer: I have no position in any stocks mentioned and 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.

Other recent SEC trading suspensions

As I slowly work my way through my backlog of blog posts that I need to write there are three other recent SEC trading suspensions of note: OLIE, HSCO, and AMOG. Amogear (AMOG) is the simpler suspension so I address it first even though it came after the suspension of OLIE/HSCO.

AMOG suspension press release (pdf)
AMOG suspension order (pdf)

AMOG had trading suspended by the SEC on February 10th. The reason is shown below:

The Commission temporarily suspended trading in the securities of Amogear because the company has recently been the subject of spam e-mails touting the company’s shares and because of potentially manipulative conduct in the trading of the company’s shares.

Oddly enough I did not receive any spam emails promoting AMOG and the first opt-in promotional emails that I received were sent the same morning it was suspended. The SEC must have been watching AMOG prior to that. As to Hi Score Corp (HSCO) and Olie Inc (OLIE), they appeared to be engaged in blatant fraud. I tweeted that back in late December, linking to Janice Shell’s excellent article on OLIE and HSCO at Pumpsanddumps.com.

Excellent article by Janice Shell on what appears to be blatant fraud at $HSCO and $OLIE http://t.co/reEH79G7e6 via @PUMPSandDUMPS — Michael Goode (@goodetrades) December 22, 2013

Below is the reason given by the SEC for the trading suspensions of OLIE and HSCO:

The Commission temporarily suspended trading in Olie and Hi Score due to a lack of current and accurate information about the companies. There are questions regarding the accuracy of publicly available information about both companies’ assets, acquisitions, business activities, control persons, securities offerings, and financing arrangements

OLIE / HSCO suspension press release (pdf)
OLIE / HSCO suspension order (pdf) Disclaimer: I have no position in any stocks mentioned and 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 Returns from vacation, suspends trading in Centor Energy $CNTO

Yesterday the SEC suspended trading in a major hard mailer pump and dump for the first time since it suspended trading in Makism (MDDD) last December 13th. I previously blogged about the initial CNTO pump last May and I blogged about the repump on January 1st.

SEC trading suspension release
SEC trading suspension order

Just like with the suspensions of trading of Sovereign Lithium (SLCO) and Guar Global (GGBL) the SEC highlighted potentially manipulative trading in the stock in addition to the standard concerns about adequacy of information about the company:

The Commission temporarily suspended trading in the securities of Centor because of questions
regarding the accuracy and adequacy of assertions by Centor, and by others, to investors in press
releases and promotional material concerning, among other things, the company’s assets,
operations, and financial prospects.

Imogo Mobile Technologies $IMTC pump & dump

Again, my apologies for this delayed posting. Luckily others on the internet have posted about the IMTC pump:

Promotion Stock Secrets post about IMTC hard mailer
Direct link to IMTC full mailer (pdf) from Promotion Stock Secrets
Penny Stock Realist article on IMTC on SeekingAlpha

The SeekingAlpha article goes into the promotion of IMTC by StockCastle, a notorious spam promoter. The most recent stock promoted by StockCastle was NVGC and that was suspended by the SEC. NVGC was also promoted via a hard mailer. IMTC is definitely at risk of a trading suspension.

Disclosed budget: $3,000,000
Promoter: Wall Street Revelator / Andy Carpenter
Paying party: Fenvo Enterprises Limited
Shares outstanding: 73,500,000
Previous closing price: $0.46
Market capitalization: $34 million

Below is a screenshot of the top of the IMTCreport.com website.

Excerpt from disclaimer:

The Wall Street Revelator and/or its publisher, Andrew Carpenter has received a total amount of ten 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. Fenvo Enterprises Limited paid three million dollars to marketing vendors to pay for all the costs of creating and distributing this Advertisement, including printing and postage, in an effort to build investor and market awareness.

Full disclaimer:

IMPORTANT NOTICE AND 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 Imogo Mobile Technologies (IMTC). Imogo Mobile Technologies’ financial position and all other information regarding Imogo Mobile Technologies should be verified with the company. An individual should never invest in the securities of any company, including IMTC based solely on information contained in this advertisement. Information about many publicly traded companies, including Imogo Mobile Technologies, 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. 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. Staff members of The Wall Street Revelator and its afiliates do not hold positions in investments mentioned herein. Investing in companies like Imogo Mobile Technologies 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 IMTC and other companies is not trustworthy unless verified by their own independent research. The Wall Street Revelator and/or its publisher, Andrew Carpenter has received a total amount of ten 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. Fenvo Enterprises Limited paid three million dollars to marketing vendors to pay for all the costs of creating and distributing this Advertisement, including printing and postage, in an effort to build investor and market awareness. If successful, the Advertisement will increase investor and market awareness, which may result in increased numbers of shareholders owning and trading the common stock of Imogo Mobile Technologies increased trading volumes, and possibly increased share price of the common stock of Imogo Mobile Technologies. It is believed that all outside research, materials and information used to compile this Advertisement, is accurate and reliable. However, each person should perform their own due diligence and consult with advisors of their choice in making any investment decision. Past performance does not guarantee future results. Additionally, it 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 diïƒ¡er 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

Disclaimer: I have no position in IMTC. 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 Konared $KRED pump started over a week ago

I apologize for the very late posting! At this point it is only posted for the record. There is an online promotion page at http://www.beverageinvestor.com/kredreport/

See the previous Promotion Stock Secrets post on the KRED pump and their post on the KRED hard mailers that people have received.

Disclosed budget: $2,300,000

Promoter: MarketFirst Media

Paying party: MarketFirst Media or related entities

Shares outstanding: 71,366,067
Previous closing price: $0.98
Market capitalization: $69 million

One interesting facet of the KRED pump is that it appears that some person or persons has been trying to manipulate the stock by providing manipulative bid support with very large bids. See the screenshot below. No reasonable trader would submit a 700,000 share bid for a stock that has traded less than ten times that volume. If a trader wants to be a large position they buy slowly over time in small chunks. The only reason to display such a large bid, particularly when it is not the best bid, is to artificially support the price. I would like to thank the manipulators for using Arca for KRED so I don’t have to worry about a corrupt market maker suing me for libel for accusing them of manipulating an otc stock (there has been a market maker apparently supporting KRED too, though).

Excerpt from disclaimer:

MarketFirst Media has managed up to a $2,300,000 USD advertising production budget as of December 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 KonaRed Corp (ticker symbol KRED) will be considered profit.

Full disclaimer:

THE BOWSER REPORT (TBR) SAFE HARBOR STATEMENT: Statements contained in this online report and/or video, including those pertaining to estimates and related plans, potential mergers and acquisitions, estimates, growth, establishing new markets, expansion into new markets and related plans other than statements of historical fact, are forward-looking statements subject to a number of uncertainties that could cause actual results to differ materially from statements made. TBR provides no assurance as to the subject company’s plans or ability to affect any planned and/or proposed actions. TBR has no first-hand knowledge of management and therefore cannot comment on its capabilities, intent, resources, nor experience and makes no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company or its agent and related sources believed by TBR to be reliable, but TBR provides no assurance, and none is given, as to the accuracy and completeness of this information.

DISCLAIMER: The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. Past performance is no guarantee of future results. The Bowser Report is an independent paid members-only website. (www.thebowserreport.com) This online report and/or video is a solicitation for membership in The Bowser Report service. The Bowser Report did not receive any direct compensation with respect to the writing of this online report and document. This stock was chosen to be profiled after The Bowser Report completed due diligence on the stock. The Bowser Report expects to generate new membership revenue, the amount of which is unknown at this time, to its paid website through the distribution of this online report and/or video. This constitutes a conflict of interest as to TBR’s ability to remain objective in its communication regarding the subject company. Analysts, principals, associates and employees of TBR do not own or trade equities under coverage. For detailed disclosure as required by Rule 17b of the Securities Act of 1933/1934 contact The Bowser Report, P.O. Box 5156 Williamsburg, VA, 32188. TBR is not an investment advisor and this report is not investment advice. This information is neither a solicitation to buy nor an offer to sell securities but is a paid advertisement. Information contained herein contains forward-looking statements and is subject to significant risks and uncertainties, which will affect the results. The opinions contained herein reflect our current judgment and are subject to change without notice. We encourage our readers to invest carefully and read the investor information available at the web sites of the U.S. Securities and Exchange Commission (SEC) at http://www.sec.gov and the National Association of Securities Dealers (NASD) at http://www.nasd.com.

The NASD has published information on how to invest carefully. Readers can review all public filings by companies at the SEC’s EDGAR page.

Third Party Advertiser/Advertising Agency IMPORTANT NOTICE AND DISCLAIMER: MarketFirst Media has managed up to a $2,300,000 USD advertising production budget as of December 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 KonaRed Corp (ticker symbol KRED) will be considered profit. Entities related to MarketFirst Media hold a large amount of shares in KRED and intend to sell those shares. Their sales of KRED 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. MarketFirst 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.

PDF copy of pump page

Disclaimer: I have no position in KRED. 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.