Microcap – Page 22 – Goode Trades

Blatant stock promoter lies $PCWT edition

Anyone who is not a complete idiot knows that stock promoters make a habit of being misleading and they frequently lie blatantly as well. This lie from Awesomepennystocks.com on PCWT is among the more hilarious, however. Here is the quote from today’s promotional email (emphasis mine):

Walter Dale, who heads strategic water solutions for Halliburton, said water is the oldest and newest problem in the oil field and one that’s only going to get worse. He said, “the Bakken oil play (a huge potential source of oil) will demand 10 billion gallons of fresh water per year for fracking, while oil companies spend $8 per barrel to buy the water…That demand for water will continue for another 20 years, adding up to trillions of gallons of water, enough to create an overland flood in the oil patch if it all were collected on the surface.”

PCWT just recently saved almost 60M. gallons of water for one of their partner (Bolthouse Farms). If an oil giant was to buy that water it would be worth over $540M. USD

Clearly, the Company’s technology could soon save hundreds of millons for large oil companies making PCWT a very attractive technology.

Now here is the original quote from Dale (emphasis mine):

Walter Dale, who heads strategic water solutions for Halliburton, said water is the oldest and newest problem in the oil field and one that’s only going to get worse.

He said the Bakken oil play will demand 10 billion gallons of fresh water per year for fracking, while oil companies spend $8 per barrel to buy the water, have it trucked to and from the well, plus a disposal fee after it’s flowed back after fracking.

What a big difference a little ellipsis makes!

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.

SEC Suspends trading in PacWest Equities $PWEI

This is hardly breaking news as the SEC suspended trading in PacWest Equities (PWEI) yesterday morning, but I thought I would immortalize the trading suspension here and give a few thoughts on it.

Trading suspension release (pdf)
Trading suspension order (pdf)

Excerpt from the press release:

The Commission temporarily suspended trading in the securities of PacWest 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.

PacWest is interesting because it is the first time any Awesomepennystocks pump was had trading suspended during the pump (actually quite early). PWEI was first promoted by APS on September 12th and was suspended in premarket yesterday after a few hundred thousand shares traded hands. However, PWEI had previously been promoted almost a year earlier by Victory Mark Corp, widely believed to be run by the same people as Awesomepennystocks (they both promoted PWEI and are currently promoting Pacific Clean Water Technologies, PCWT). Also, PWEI has the dubious distinction of being one of the more blatantly scammy pump companies. Eleven months ago Infitialis asserted convincingly on SeekingAlpha that most of PWEI’s shares were illegally free trading. In an article a month later I pointed out numerous red flags with the company that suggested the possibility of fraud. I believe it highly likely that the SEC will end up suing people involved with PWEI, although that could take another year.

I provided further red flags in follow-up posts on OTCMicropcapResearch.com. See:

Another K. Hill PR from PacWest — 12 November 2012
More contempt for the investing public from PacWest Equities — 7 November 2012
Is PacWest Equities a bona fide company? Or is it being run for the purpose of selling shares? — 5 November 2012 (this is the article my SeekingAlpha was based on but some of the best stuff was cut to placate SA editors)
Coverage initiated on PacWest Equities — 16 October 2012

Previous articles on SEC trading suspensions of pump and dumps:

Hutech21 (CLGZF)
Norstra Energy (NORX)
Biozoom (BIZM)
iTrackr Systems (IRYS)
Polar Petroleum (POLR)
Face Up Entertainment (FUEG)

Media Analytics Corporation $MEDA pump and dump

After being alerted to a promotion page online promoting Media Analytics Corp (MEDA) I saw that the promoter was also paying big bucks for Google ads for the term “stocks”. I ended up buying a small position in the stock that I will likely sell into any spike tomorrow. The company already has an absurd market cap of $138 million so I doubt the stock goes up for very long, but this does look to be a big stock promotion. Like most other companies promoted in big stock promotions, the financials are a joke and the company is barely more than a shell. The most recent 10-Q shows the company to have total assets of $2,476 as of June 30, 2013.

Disclosed budget: $3,800,000

Promoter: StockReportBaron.com aka North Point Holdings Inc.

Paying party: New Level Media

Shares outstanding: 100,900,000
Previous closing price: $1.37
Market capitalization: $138 million

Excerpt from disclaimer:

Stock Report Baron, a publication of North Point Holdings, Inc., 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 Stock Report Baron or an offer or solicitation to buy or sell any security.

…

North Point has received or expects to receive and manage a total production budget of $3,800,000 dollars from New Level Media for this advertising effort and will retain any amounts over and above the cost of production, copywriting services, list rental, online advertising, mailing and other distribution expenses, as a fee for its services.

Full disclaimer:

IMPORTANT NOTICE AND DISCLAIMER: Stock Report Baron, a publication of North Point Holdings, Inc., 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 Stock Report Baron or an offer or solicitation to buy or sell any security. Stock Report Baron has used outside research and writers using public information to create the advertisement about Media Analytics Corporation. Although the information contained in this advertisement is believed to be reliable, Stock Report Baron and North Point Holdings, Inc., make no warranties as to the accuracy of any of the content herein and accept no liability for how readers may choose to utilize the content. The opinions expressed in this advertisement and special report are solely those of Stock Report Baron unless otherwise referenced. 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 Report and perform extensive due diligence on this or any other mentioned company. Stock Report Baron and North Point Holdings, Inc., or affiliates are 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 investors with additional information on request. North Point has received or expects to receive and manage a total production budget of $3,800,000 dollars from New Level Media for this advertising effort and will retain any amounts over and above the cost of production, copywriting services, list rental, online advertising, mailing and other distribution expenses, as a fee for its services.
*More information on Media Analytics Corporation can be received by emailing the company at ir@media-analytics.us, or at http://www.media-analytics.us. Further, specific information, filings and disclosures as well as general investor information about publicly traded companies like Media Analytics Corporation, advice to investors and other investor resources are available at the Securities and Exchange Commission website www.sec.gov and www.finra.org. 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 provisions of the Private Securities Litigation Reform Act, Stock Report Baron 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 of the market, the Company’s ability to fund its capital requirements in the near term and in the long term; pricing pressures, technology issues etc.

PDF copy of promotion page.

Disclaimer: I own 4,000 shares of MEDA that I may sell at any time and will likely sell within a day or two of posting this article. 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.

Indo Global Exchange $IGEX pump and dump

The last three trading days Indo Global Exchange Ltd. (IGEX) has traded over 200,000 shares per day, indicating that the stock promotion of the company has begun. There is a promotion page online at IGEXreport.com. I have not yet received any emails promoting IGEX.

Disclosed budget: “up to” $3,000,000

Promoter: Winning Media and John Person

Paying party: First Choice Communications

Shares outstanding: 72,493,750
Previous closing price: $0.77
Market capitalization: $55 million

Excerpt from disclaimer:

This is a paid advertisement by John Person and/or John Person’s The Bottom Line Financial and Futures Newsletter (collectively, “JP”). JP has received $7,500 from First Choice Communications in compensation for this advertisement to enhance public awareness of Indo Global Exchange (hereafter “IGEX”). JP also expects to receive new subscriber revenue, the amount which is unknown at this time, as a result of this advertising effort. JP does not perform any due diligence on the stocks and companies discussed herein.

…

First Choice Communications, the third party advertiser, expects to pay up to $3,000,000 USD to Winning Media (WM) as of August 16, 2013 for this advertising effort in an effort to build investor awareness. WM shall retain any amounts over and above the cost of creating and distributing this email advertisement which advertises John Person’s The Bottom Line Financial and Futures Newsletter coverage of Indo Global Exchange, Advertising services include; production, outsourced advertising copywriting services, mailing and other related distribution services and advertising media placement costs. First Choice Communications, the third party advertiser, has represented to WM in writing that it is not a current shareholder of Indo Global Exchange and that neither it nor its affiliates will buy or sell any shares of Indo Global Exchange during the period that this advertisement is being disseminated by WM third party media vendors.

Full disclaimer:

John Person’s The Bottom Line Financial and Futures Newsletter IMPORTANT NOTICE AND DISCLAIMER: This is a paid advertisement by John Person and/or John Person’s The Bottom Line Financial and Futures Newsletter (collectively, “JP”). JP has received $7,500 from First Choice Communications in compensation for this advertisement to enhance public awareness of Indo Global Exchange (hereafter “IGEX”). JP also expects to receive new subscriber revenue, the amount which is unknown at this time, as a result of this advertising effort. JP does not perform any due diligence on the stocks and companies discussed herein. JP relies on generally available public information and representations made by IGEX. JP 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 JP, or an offer to sell or solicitation to buy or sell any security. IGEX, the company featured in this issue, appears as paid advertising. Although the information contained in this advertisement is believed to be reliable, JP 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. 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. John Person and JP nor any of their principals, officers, directors, partners, agents, or affiliates are not, nor do we represent ourselves to be, registered investment advisors, brokers, or dealers in securities. JP 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. JP does not offer or sell securities. More information can be received from IGEX’s website at http://www.igexcorp.com/. 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 Securities and Exchange Commission website at http://www.sec.gov/ and http://www.nasd.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 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. This advertisement is not intended for readers in any jurisdiction where not permissible under local regulations and investors in those jurisdictions should disregard it. Investing in securities is highly speculative and carries 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 expectations, 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. John Person’s The Bottom Line Financial and Futures Newsletter is a trademark of John Person. All other trademarks used in this publication are the property of their respective trademark holders. JP is not affiliated, connected, or associated with, and are not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by JP to any rights in any third-party trademarks. Third Party Advertiser/Advertising Agency IMPORTANT NOTICE AND DISCLAIMER: First Choice Communications, the third party advertiser, expects to pay up to $3,000,000 USD to Winning Media (WM) as of August 16, 2013 for this advertising effort in an effort to build investor awareness. WM shall retain any amounts over and above the cost of creating and distributing this email advertisement which advertises John Person’s The Bottom Line Financial and Futures Newsletter coverage of Indo Global Exchange, Advertising services include; production, outsourced advertising copywriting services, mailing and other related distribution services and advertising media placement costs. First Choice Communications, the third party advertiser, has represented to WM in writing that it is not a current shareholder of Indo Global Exchange and that neither it nor its affiliates will buy or sell any shares of Indo Global Exchange during the period that this advertisement is being disseminated by WM third party media vendors. This is sponsored advertising and does not purport to provide an analysis of the featured company’s financial position, operations or prospects and is not to be construed as a recommendation or solicitation by WM to buy or sell any security. WM is a firm which refers and facilitates the services of third-party vendors and advertising related service providers to persons wishing to sponsor advertising featuring publicly-traded companies. WM is not a financial analyst, investment advisor or broker/dealer. The services provided by WM 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. WM is not responsible for the endorsement of this advertisement, which is the sole responsibility of John Person’s The Bottom Line Financial and Futures Newsletter. John Person’s The Bottom Line Financial and Futures Newsletter expects to generate new subscriber revenue as a result of this advertising effort. Neither WM nor its members have an ownership interest in John Person’s The Bottom Line Financial and Futures Newsletter or any of its affiliates, and neither John Person’s The Bottom Line Financial and Futures Newsletter nor its affiliates have an equity interest in WM. Neither WM nor its members will trade in the securities of Indo Global Exchange WM 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. Readers are strongly urged to independently verify all statements made in this advertisement and to perform their own due diligence on this or any other advertised company, including but not limited to consulting with a qualified investment professional and reviewing the publicly available financial statements of, and other information about Indo Global Exchange You should also determine that an investment in Indo Global Exchange company is appropriate and suitable for you. Indo Global Exchange is traded on the OCTBB (trading symbol: IGEX). Its stock is registered under the Securities Act of 1933, as amended, and its periodic and other reports filed under the Securities Exchange Act of 1934, as amended, are publicly available from the Securities and Exchange Commission at its website at http://www.sec.gov/. This website also contains general investor information about publicly-traded companies, advice to investors and other investor resources. Other investor resources are available from the Financial Industry Regulatory Authority through its website at http://www.finra.org/. Many states have established rules requiring approval by the state securities administrator to permit sales of a security to its residents. Check with the North American Securities Administrators Association through its website at http://www.nasaa.org/ or call your state securities administrator to determine whether a particular security may be purchased by you as a resident of your state. Many companies have filed information with state securities regulators and many companies will supply prospective investors with additional information upon request. Investing in securities is highly speculative and carries a great deal of risk, especially as to newer companies with comparatively short operating histories and limited earnings This advertisement contains forward-looking statements regarding Indo Global Exchange its business and prospects. Such forward-looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provisions created by these laws. This advertisement may provide the addresses of or contain hyperlinks to outside or third-party websites, WM 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 promotion page.

Amarium Technologies $AMMG is a top potential short after big move up from low-budget promotion

StockTips.com is a relatively new stock promoter that I only signed up to last March. That website’s first promotion after I signed up was of PacWest Equities (PWEI) that started over the weekend prior to March 25th. PWEI had previously been pumped by Victory Mark Corp and I wrote about the company at SeekingAlpha. The stock promotion page is still online at http://www.stocktips.com/PWEI/. As you can see from the chart below, buyers did quite poorly:

Here is the disclaimer for the PWEI pump:

On Sunday, August 18, StockTips.com sent subscribers an email promoting their next pump, Amarium Technologies (AMMG). Since then they have continued to send emails promoting the stock almost daily. Since then the stock price has more than doubled from $0.22 to $0.45. The online stock promotion page can be found at http://www.stocktips.com/ammg/.

The disclosed compensation was the same $25,000 as it had been for PWEI:

Since I first saw AMMG pump I have run across a couple more online promotion websites, including Invests.com, which is similar to The Financier Times or the Chicago Financial Times — it is a fake news website. See the promotion of AMMG on that website on this page: http://invests.com/b9/ and this page: http://invests.com/opportunity-in-amarium-technologies-ammg/

AMMG currently has 498,778,578 shares outstanding which gives the company a market capitalization of $224 million as of yesterday’s close at $0.45. The company’s financials, while better than plenty of pump and dumps in that they actually have some assets, show that AMMG has under $5 million in total assets and no revenues.

Disclosed budget: $25,000

Promoter: StockTips.com (owned by Amerada Corp)

Paying party: Laluna Inc.

Shares outstanding: 498,778,578
Previous closing price: $0.45
Market capitalization: $224 million

[Edit 2013-9-6 4pm]: StockTips.com also promoted ETEK back in February. The ETEK promotion web page is still online at http://www.stocktips.com/etek/. See a chart below. I mentioned that pump when I blogged about a repump of ETEK in July. The disclaimer for ETEK was the same as for PWEI and AMMG:

StockTips.com is operated by Amerada Corp (AC). Currently AC expects to be compensated $25,000.00 (Twenty Five Thousand United States Dollars) from Laluna, Inc. for this ETEK advertising and promotion.

Disclaimer: [Edit 2013-9-6 4pm; I am now short 13,000 shares of AMMG] I am short 5,000 shares of AMMG and will likely short more shares in the near future. 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.

See me speak in Las Vegas, October 12th – 14th at the 2013 Pennystocking Conference

It is not too late to sign up for the 2013 Pennystocking Conference in Las Vegas at the Hard Rock Hotel, run by Timothy Sykes. In fact, it is not even too late to use the early bird coupon code to save $400 (“EARLYBIRD2013” without the quotes). I will be speaking and I know that my talk will be good. If the other talks are half as good as mine the conference will be a great deal. I could say a lot more about how awesome it will be, but I’m not good at promotional verbiage and it isn’t my style. Even back when I had to pay for the conference I thought it was worth my time and money.

Disclaimer: I have a close business relationship with Timothy Sykes (about which you can read all the details in my terms of use). I am a Profit.ly affiliate and will receive an affiliate commission if you sign up for the conference using my link. 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.

Virtual Sourcing Inc. $PGCX pump and dump

I was first alerted to the promotion for Virtual Sourcing Inc (PGCX) by Tim Lento. See his post where he found the pump website PGCXreport.com. The stock had almost no volume so I didn’t write a post about it. I should have then set a volume alert for the stock — when it first starting getting volume it was down a lot from when Tim posted about it and in the next few days ran from about $0.20 to over $1.00 (that being said, I probably would not have bought it). I then noticed search ads on Google for another promotion page: StockAuthorityReport.com. That reminded me of the stock and prompted this blog post. StockAuthorityReport.com is a new website, not linked to any past promotions. The promotion pages seem pretty sparse considering the purported pump budget.

Disclosed budget: $750,000

Promoter: StockAuthorityReport.com

Paying party: NGS Ventures Ltd

Shares outstanding: 81,886,184
Previous closing price: $0.84 (I use the close just prior to my blog post here, not at the start of the pump)
Market capitalization: $68 million

Excerpt from StockAuthorityReport.com disclaimer:

NGS Ventures LTD has managed a total production budget of $750,000 for this advertising effort. StockAuthorityReport.com is being paid $200,000 and also expects to receive new subscriber revenue as a result of its participation in this advertising effort.

Excerpt from the PGCXreport.com disclaimer:

PGCXREPORT.COM is being paid $25,000 and also expects to receive new subscriber revenue as a result of its participation in this advertising effort.

Below is a screenshot of the promotion page:

The screenshot below shows an ad for StockAuthorityReport.com (lower right-hand corner).

StockAuthorityReport.com Disclaimer:

Important Notice and Disclaimer – This paid advertising issue of StockAuthorityReport.com does not purport to provide an analysis of any company’s financial position, operations or prospects and is not to be construed as a recommendation by StockAuthorityReport.com or as an offer or solicitation or as an offer or solicitation to buy or sell any security. StockAuthorityReport.com does not perform any due diligence on the stocks and companies discussed herein. Virtual Sourcing Inc., the company featured in this issue, appears as paid advertising paid for by NGS Ventures LTD. to increase public awareness of the company and its prospects. All information appearing in this advertisement is taken from publicly available sources. Although StockAuthorityReport.comÂ and its editor and publisher believe this information to be accurate and reliable, neither StockAuthorityReport.com nor its editor or publisher has independently verified any information contained in this advertisement. StockAuthorityReport.com or its editor or publisher does not makes any representation or warranty whatsoever with respect to the accuracy or completeness of any information contained herein. StockAuthorityReport.com and its editor and publisher expressly disclaim any liability resulting from how readers may choose to utilize the contents of this paid advertisement. Readers should perform their own due diligence and are strongly urged to independently verify all statements made in this or any other paid advertisement. Any investment should be made only after consulting with a qualified investment professional and after reviewing the publicly available financial statements of, and other information about, the company and verifying that the investment is appropriate and suitable for you. StockAuthorityReport.com nor any of their principals, officers, directors, partners, agents, or affiliates are not, nor do we represent ourselves to be, registered investment advisors, brokers, or dealers in securities. “Insert text here” 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. StockAuthorityReport.com does not offer or sell securities. You can obtain more information about Virtual Sourcing Inc., from its website at http://www.virtualsourcinginc.com. Virtual Sourcing Inc., is a reporting company under the Securities Exchange Act of 1934, as amended, and trades on the OTC Bulletin Board under the symbol PGCX. Virtual Sourcing Inc., periodic and other reports filed under the Securities Exchange Act of 1934, as amended, are publicly available from the Securities and Exchange Commission at their website at http://www.sec.gov/edgar/searchedgar/webusers.htm. General investor information about publicly-traded companies like Virtual Sourcing Inc., advice to investors, and other investor resources are available from the Securities and Exchange Commission’s website at www.sec.gov or from the Financial Industry Regulatory Authority website at www.finra.com. Many states have established rules requiring the approval of a security by the state securities 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. Many companies have filed information with state securities regulators and many companies will supply prospective investors with additional information upon request. This advertisement is not intended for readers in any jurisdiction where not permissible under local regulations and investors in those jurisdictions should disregard it. NGS Ventures LTD has managed a total production budget of $750,000 for this advertising effort. StockAuthorityReport.com is being paid $200,000 and also expects to receive new subscriber revenue as a result of its participation in this advertising effort. 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. Past performance does not guarantee future results. This paid advertisement contains forward-looking statements regarding Virtual Sourcing Inc., its business and plans. Such forward-looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provisions created by these laws. Where Virtual Sourcing Inc., expresses or implies an expectation or belief as to future events or results, such expectation or belief is believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, the size and growth of the market for Virtual Sourcing Inc., products and services, its ability to develop and distribute its products, the ability of the company to fund its capital requirements, competition, regulatory developments, the effects of short-selling and other market pressures, and other factors. , All other trademarks used in this publication are the property of their respective trademark holders. StockAuthorityReport.com is not affiliated, connected, or associated with, and are not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by StockAuthorityReport.com to any rights in any third-party trademarks. Read our Privacy Policy

PDF copy of promotion page.

PGCXreport.com disclaimer:

Important Notice and Disclaimer – This paid advertising issue of PGCXREPORT.COM does not purport to provide an analysis of any company’s financial position, operations or prospects and is not to be construed as a recommendation by PGCXREPORT.COM or as an offer or solicitation or as an offer or solicitation to buy or sell any security. PGCXREPORT.COM does not perform any due diligence on the stocks and companies discussed herein. Virtual Sourcing Inc., the company featured in this issue, appears as paid advertising paid for by Catalina Advertising Corp. to increase public awareness of the company and its prospects. All information appearing in this advertisement is taken from publicly available sources. Although PGCXREPORT.COM and its editor and publisher believe this information to be accurate and reliable, neither PGCXREPORT.COM nor its editor or publisher has independently verified any information contained in this advertisement. PGCXREPORT.COM or its editor or publisher does not makes any representation or warranty whatsoever with respect to the accuracy or completeness of any information contained herein. PGCXREPORT.COM and its editor and publisher expressly disclaim any liability resulting from how readers may choose to utilize the contents of this paid advertisement. Readers should perform their own due diligence and are strongly urged to independently verify all statements made in this or any other paid advertisement. Any investment should be made only after consulting with a qualified investment professional and after reviewing the publicly available financial statements of, and other information about, the company and verifying that the investment is appropriate and suitable for you. PGCXREPORT.COM nor any of their principals, officers, directors, partners, agents, or affiliates are not, nor do we represent ourselves to be, registered investment advisors, brokers, or dealers in securities. “Insert text here” 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. PGCXREPORT.COM does not offer or sell securities. You can obtain more information about Virtual Sourcing Inc., from its website at http://www.virtualsourcinginc.com. Virtual Sourcing Inc., is a reporting company under the Securities Exchange Act of 1934, as amended, and trades on the OTC Bulletin Board under the symbol PGCX. Virtual Sourcing Inc., periodic and other reports filed under the Securities Exchange Act of 1934, as amended, are publicly available from the Securities and Exchange Commission at their website at http://www.sec.gov/edgar/searchedgar/webusers.htm. General investor information about publicly-traded companies like Virtual Sourcing Inc., advice to investors, and other investor resources are available from the Securities and Exchange Commission’s website at www.sec.gov or from the Financial Industry Regulatory Authority website at www.finra.com. Many states have established rules requiring the approval of a security by the state securities 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. Many companies have filed information with state securities regulators and many companies will supply prospective investors with additional information upon request. This advertisement is not intended for readers in any jurisdiction where not permissible under local regulations and investors in those jurisdictions should disregard it. Catalina Advertising Corp. has managed a total production budget of $750,000 for this advertising effort. PGCXREPORT.COM is being paid $25,000 and also expects to receive new subscriber revenue as a result of its participation in this advertising effort. 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. Past performance does not guarantee future results. This paid advertisement contains forward-looking statements regarding Virtual Sourcing Inc., its business and plans. Such forward-looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provisions created by these laws. Where Virtual Sourcing Inc., expresses or implies an expectation or belief as to future events or results, such expectation or belief is believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, the size and growth of the market for Virtual Sourcing Inc., products and services, its ability to develop and distribute its products, the ability of the company to fund its capital requirements, competition, regulatory developments, the effects of short-selling and other market pressures, and other factors. PGCXREPORT.COM is a trademark of “Miski Inc., All other trademarks used in this publication are the property of their respective trademark holders. PGCXREPORT.COM is not affiliated, connected, or associated with, and are not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by PGCXREPORT.COM to any rights in any third-party trademarks.

PDF copy of promotion page.

How to design a big-budget pump and dump for cheap, thanks to eLance

I have previously blogged about The Alkaline Water Co. While looking up information for that blog post I performed Google searches for many different phrases, including “Investech Equity”, “Hennesey Road Media LLC”, “MaverickReport”, and “MountStockMore”

When I searched for “MountStockMore” I found a couple eLance jobs related to the website. Clicking on the person who listed those jobs showed me that that person had listed a total of 16 jobs, resides in Canada, and had only been a member of eLance since June of this year. I have saved all the jobs and the profile overview so that they can be seen in the future in case the account and jobs are deleted (I expect that to happen soon after this is posted).

PDF of account page listing the 16 jobs

Following are some excerpts from the various job and what I learned from them.

Hmm, it looks like someone is planning on putting up some Facebook ads promoting WTER:

We’ve got 25 characters for the headline and 90 characters for the body text in FACEBOOK and I need to make it pull.

We’ve got up 4 words in the title (17- 20 characters) and 55-60 characters in the body copy.

The ads are for Get rich quick, make huge gains/profits in your portfolio. People need money and are always looking for tips…we’ve got two penny stock alert sites that provide timely tips so people can get in early…

We’ve got 3 very specific angels we’re looking to write to….first will be as per the above.

Here are some samples:
Penny Stock Jumping 1000%
If This $0.50 Stock Hits $6.00, $10,000 Will $120,000. Learn How.

Would Warren Buffet buy this $0.50 stock?
Learn why this stock is our #1 pick in 2013.

Penny Stock Jumping 2000%
Sign up to the #1 PennyStock Newsletter Online For Free Today

I think we can find better motivating angles…

This job is for some copywriting explaining what alkaline water is.

Here is a good description of how the promoters want the promotional language to look like:

Article Conclusion:
The slant of this article is that Big Water will always try to control market share by buying Jr. brands – Numerous examples in Beverage consolidation investors should be aware of small BEV companies that could be acquisition targets.

TITLE: IE, Who Controlling the flow on beverage funding.

I prefer statistics and detailed information to be provided in bullets with explanation/conclusions to the stats provided with opening lines for context, and/or summary conclusions supporting the stats or main theme.

REFERENCES:
I want the article to site specific stats/Quotes/Articles from reputable papers/sources; Wallstreet Journal, New York Times, Washington Post, Bloomberg, CNN Economist etc.

Suggested Industry Resources:
BEVNET.com

Many of the jobs appear to be reposts of the same jobs.

See PDF copies of other jobs posted for this promotion:

elance9
elance8
elance7
elance6
elance5
elance4
elance3
elance2
elance1

Disclaimer: I have am long 5,000 shares of WTER and will sell soon, without notice; 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 Alkaline Water Co. $WTER to be promoted by Francis Gaskins

Yesterday The Alkaline Water Company Inc. (WTER) had big trading volume of 1.9 million shares and at its high was up over 20%. Tim Lento noticed that and found the landing page for a promotion of the company at WTERReport.com. After he posted it the page was taken down. That website currently shows “under construction.”

Disclosed budget: “up to” $3,000,000

Promoter: Investech Equity and Francis Gaskins

Paying party: Investech Equity

Shares outstanding: 79,387,175
Previous closing price: $0.55
Market capitalization: $43 million

[Edit 2013-8-22]: Francis Gaskins / IPODesktop Premium now disclose that they were not compensated in the updated disclaimers. The old disclaimers will remain copied below for archival purposes. Previously, the disclaimer said, “IPODesktop Premium has received $15,000 from Investech Equity in compensation for this advertisement to enhance public awareness of The Alkaline Water Company Inc.” The current disclaimer is copied below. As to what this means, I do not know. Being involved in the promotion of a worthless pump and dump company looks bad to me whether an endorser gets paid or not.

Excerpt from disclaimer:

IPOdesktop Premium did not receive any direct compensation with respect to the writing of this online report and document. The stock was chosen to be profiled after IPOdesktop Premium completed due diligence on the stock. IPOdesktop Premium expects to generate new membership revenue, the amount of which is unknown at this time, it its paid website through the distribution of this online report and document.

…

Investech Equity has managed up to a $3,000,000 USD advertising production budget as of August 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 The Alkaline Water Company Inc. (ticker symbol WTER) will be considered profit. Entities related to Investech Equity hold a large amount of shares in WTER and intend to sell those shares. Their sales of WTER common stock will affect the value of your shares (negatively).

PDF copy of promotion page.

Embedded in the promotion page is this Youtube video of Francis Gaskins talking positively about WTER. The video was uploaded to Youtube on August 7th by someone who had not previously uploaded any videos.

New disclaimer:

Old Disclaimer:

[Edit 2013-8-19]: As of the middle of last week the WTERReport.com website was back up. I have since a few other websites promoting WTER. Looking at the other websites on the same server as WTERReport.com (using YouGetSignal). Below is a screenshot of the result, showing one defunct website (Garant.in) and one stock promotion website (MaverickReport.com).

I signed up for the MaverickReport.com newsletter and my confirmation email was from publisher@outoftheboxstox.com. The CANSPAM-required information at the bottom of the email revealed the sender to be “Investech Equity, Pacific Place, 1 Queens Road East, Admiralty, Hong Kong, Hong Kong.” I had run across a promotion by OutoftheBoxStox.com before so I looked through my emails to see what they had previously promoted. They previously promoted NGRC in September and October of 2012.

Below is a chart of NGRC. While the stock did have a nice move during the first pump it didn’t last that long and dropped big.

One of the problems (or benefits) of the internet domain name system is that changes take awhile to propagate. So if a change is made, different websites may display different information. That is the case with OutoftheBoxStox.com. While my favorite website didn’t display any other websites as being at the same IP as OutoftheBoxStox.com, DomainTools.com did; it showed MountStockMore.com as being hosted on the same server. Of course if I weren’t so cheap I would pay for a premium subscription to DomainTools.com or a similar website so I could see which websites used to be on the same server.

I then went to MountStockMore.com and signed up. The email signup confirmation page included a link to a BeverageInvestor.com profile of WTER. After looking at that website it is clear that it exists solely to promote WTER. A look at the disclaimer shows that it is exactly the same as the disclaimer at WTERReport.com.

BeverageInvestor.com disclaimer:

PDF copy of BeverageInvestor WTER pump page.

After looking that over it was time to go back through the steps I went through earlier on this new domain name:

That led me to EconomistTimes.com, which is of course reminiscent of other fake online newspapers such as FinancierTimes.com and ChicagoFinancialTimes.com (now defunct). A reference to The Economist Times could also be found in the disclaimer at the bottom of MountStockMore.com:

xdisclaimer.png.pagespeed.ic.kizl4O2l8i
(click to enlarge)

A quick look at the home page of The Economist Times led me to the promotion page on WTER: http://www.economisttimes.com/wter_report/ Once again the disclaimer at the bottom is the exact same as that of WTERReport.com and BeverageInvestor.com:

PDF copy of EconomistTimes WTER pump page.

It seems that online promotions like this are getting more and more complex. It used to be that there would be a promotion website linking to a fake news article. Now we have multiple promotion websites linking to multiple different fake articles.

Besides the blatantly obvious WTERReport.com (that Tim Lento was the first to notice when it first went live), this promotion of WTER involves four different websites:
MaverickReport.com
EconomistTimes.com
BeverageInvestor.com
MountStockMore.com

[Edit 2013-8-22]: Search ads and display ads are now beginning to appear promoting WTER. Thanks to Tom McCarthy of PrePromotion Stocks for pointing this out.

Also, Outoftheboxstox.com has sent teaser emails indicating their next promotion will come on August 26th through August 30th (different dates to different emails). See the screen capture of the email below:

Disclaimer: [Edit 2013-8-22] 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.

SEC suspends trading in Hutech21 (CLGZF)

Hutech21 (CLGZF) had been promoted by a large number of D-list stock promoters back in May and June. Today the SEC suspended trading in Hutech21’s stock.

SEC press release (pdf)
SEC trading suspension order (pdf)

The reasoning for the trading suspension was the usual:

The Commission temporarily suspended trading in the securities of Hutech21 Co., Ltd. because
of questions that have been raised about the accuracy and adequacy of publicly disseminated
information about Hutech21 Co., Ltd., concerning, among other things, Hutech21 Co., Ltd.’s
business operations.

Disclaimer: I have no position in any stock 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.