More on John Babikian: Synopses of three new articles in Journal de Montreal

I will update this post as I complete translations or synopses of the articles. The original articles are in French.

29 November: Une mère monoparentale se souviendra longtemps de Babikian (A single mother will remember Babikian for a long time)

29 November: Une fraude, selon un expert (A fraud, according to an expert)

27 November: Le mystérieux multimillionnaire Babikian dans la mire de l’AMF (The mysterious multimillionaire Babikian in the sights of the Quebec tax authorities)

For my own part, I can state that the AMF (Quebec tax authority) is very aggressively pursuing leads on the whereabouts and assets of John Babikian. They are putting a lot of time and manpower into this.

Highlights of the oldest article:

Jose Lorrea, the current owner of a condo formerly belonging to John Babikian, was interviewed by Xavier Saint-Pierre and David Gallant for a half hour.

“They wanted to know what I knew about the sale of the condo,” he said. He bought the condo on April 4th, 2013 for C$447,000. John Babikian was never present for the sale of the condo and was represented by his parents, Gérard Babikian and Laudy Khairallah.

Babikian acquired the condo in 2009 in the name of a numbered company for the price of C$348,881. During the sale, Babikian declared that he had never been married or in a civil union. However, this is contradicted by a marriage filing with the Montreal court on July 31, 2010.

The Quebec tax authority recently obtained a judgement against John Babikian for C$1.78 million for taxes owed in 2011. According to the judgement on November 21, Babikian must pay C$1,782,518.55 and daily interest from November 22nd. This is in addition to prior judgments against Babikian for taxes owed for the years 2008 to 2010.

Highlights of the second article:

 The case of Sunpeaks Ventures (SNPK), promoted by websites linked to John Babikian, is clearly a stock fraud, according to a former SEC lawyer, Gary Aguirre.

[The article describes how pump and dumps work — which is unnecessary for my readers]

Mr. Aguirre envisaged that there would be a year to file a class action against Sunpeaks Ventures and Awesomepennystocks, after having received many calls from investors who had been fleeced in the pump and dump. However, he was not able to find the person or persons who ran the scheme.

“These are moving targets — they hide themselves behind offshore entities. It is extremely troubling that neither the SEC nor the FBI have yet acted in this case, because only they can unmask the masterminds of this scheme.”

Highlights of the most recent article:

 The sad history of a single mother from the Chicago area who lost money in an Awesomepennystocks pump and dump can in part explain how John Babikian acquired a huge fortune.

Amy, a 57 year old American, contacted us soon after our first article about John Babikian.

“I don’t know who gave them my address, but I regularly received promotional announcements about certain companies,” she said. In March 2012, she received emails about a company in the business of distributing specialized medicines. The company, Sunpeaks Ventures, was said to be at the point of commercializing their multivitamin product designed for people taking anti-coagulant drugs.

Amy confessed that she had wanted to buy about $35,00 worth of Sunpeaks stock because of her enthousiasm for the product Clotamin. “They said that they were at the point of signing an agreement with Walgreens,” she said.

She ended up investing more and eventually losing over $100,000 on Sunpeaks stock. “I live day to day — $100,000 — that was all my retirement savings. I don’t know how I will get out of this,” she said.

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 Cracks down on pump and dumps

This is hardly news to readers of this blog, but a Washington Post article from last week got some nice quotes from SEC officials giving some details on the pump and dump crackdown:

With a new chairman at its helm, and new chiefs leading the enforcement division, the agency created a 26-person task force in July devoted to rooting out microcap trading abuses. Since then, the agency has opened five or six microcap investigations a month, well above the previous year’s pace, agency officials said. The initiative builds on the efforts of a loosely-knit SEC working group created three years ago.

“For years, we did a number of these cases, but we didn’t attack it with a systematic approach,” said Andrew Ceresney, co-director of the SEC’s enforcement division. “We now have people focused on the area full-time for the first time, and by marshalling their expertise, we think we can make a difference.”

And the SEC has stated that they have purposely become more agressive in suspending trading in pump and dumps:

 

The agency said that going forward it will focus on repeat offenders, who account for a substantial amount of the fraud. It also is aggressively moving to suspend trading when it has reason to suspect misconduct. The agency has issued 90 trading suspensions so far this year, up 35 percent from the same period a year earlier. Most of the suspensions involved microcaps.

 

Full article at Washington Post.

 

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.

Guar Global $GGBL Promoted by Smallcap Fortunes / Eric Dickson

If you do not follow me on Twitter I highly suggest doing so — I give many updates and trading ideas there that are never posted on this blog; I tweeted about the GGBL promotion prior to the market open this morning. 

On December 1st I received an email from SmallCapFortunes.com promoting Guar Global  (GGBL).

Below is an excerpt of the disclaimer from the email:

Small Cap Fortunes has been compensated by Trinity Investment Research up to $10,000 for coverage of GGBL in this Small Cap Fortunes newsletter.

This morning at 8:05 am I received a further email from SmallCapFortunes linking to a promotion page for GGBL at http://www2.smallcapfortunes.com/guar/index.html

ggbl

 

Disclosed budget: $1.250.000

Promoter: List Data Solutions and Eric Dickson / Breakaway Stocks

Paying party: Morgan Equity Inc.

Shares outstanding: 59,000,000
Previous closing price: $0.68
Market capitalization: $40 million

Excerpts from disclaimer:

LDS [List Data Solutions] has managed a total production budget of up to $1,250,000 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. Breakaway Stocks is paid $5,000 as an editorial fee from LDS and also expects to receive new subscriber revenue as a result of this advertising effort.

Disclaimer:

IMPORTANT NOTICE AND DISCLAIMER: This advertising issue of Breakaway Stocks 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 Breakaway Stocks or an offer or solicitation to buy or sell any security. Guar Global, (GGBL), the company featured in this issue, appears as paid advertising by Morgan Equity Inc. to provide public awareness for GGBL. Breakaway Stocks and List Data Solution (LDS) have used outside research and writers using public information to create the advertisement coming from Breakaway Stocks about GGBL. Although the information contained in this advertisement is believed to be reliable, Breakaway Stocks and LDS 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. Breakaway Stocks 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 investors with additional information on request. LDS has managed a total production budget of up to $1,250,000 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. Breakaway Stocks is paid $5,000 as an editorial fee from LDS and also expects to receive new subscriber revenue as a result of this advertising effort. *More information can be received from GGBL’s investor relations firm. Further, specific financial information, filings and disclosures as well as general investor information about publicly traded companies like GGBL, 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 provisions of the Private Securities Litigation Reform Act, GGBL 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 website.

ggbl_chart

 

Disclaimer: I have no position in GGBL; 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.

Makism 3D Corp $MDDD Stock promotion begins in earnest

On November 30th I received promotion emails from info@bedfordreport.com, info@paragonreport.com, and info@fivestarequities.com promoting Makism 3D Corp (MDDD). All three websites are owned / run by the same promoters. They do some email-only stock promotions but they also do some promotions that are larger in concert with hard mailers. They promoted ARTH back in July and ECAU back in March. This morning in their emails they gave links to the online landing page http://techpickreport.com/

Below is an excerpt of the disclaimer from the emails:

Providence has been compensated $50,000 by Blackrock Media Group Inc. (hereafter “BMG”), on behalf of its client, Edge Strategies LLC., for a one month advertising contract to build investor awareness for Makism 3D Corp. (OTCQB: MDDD) starting November 30, 2013. In addition, Providence expects to receive future compensation for the continuation of the advertising contract for a minimum of two additional months at $50,000 per month for a total of $150,000.

mddd_landing

Disclosed budget: $2,750,000

Promoter: Blackrock Media Group Inc. and Andy Chambers / Chambers Advisors Inc

Paying party: Edge Strategies, LLC

Shares outstanding: 59,210,000
Previous closing price: $1.07
Market capitalization: $63 million

Excerpts from disclaimer:

 Andy Chambers, Chambers Advisors Inc.(CAI) received $10,000 in cash compensation from Blackrock Media Group Inc. and its client Edge Strategies, LLC to endorse this advertisement in addition, Andy Chambers, Chambers Advisors Inc.(CAI) does expect to receive new subscriber revenue as a result of this advertising effort.

Blackrock Media Group Inc., (BMG) has received a total of $2,750,000 USD as of November 30th, 2013 from its client Edge Strategies, LLC., the third party advertiser for this advertising in an effort to build investor awareness for Makism 3D Corp. (OTCQB: MDDD). BMG shall retain any amounts over and above the cost of creating and distributing this advertisement

Disclaimer:

ENDORSER IMPORTANT NOTICE AND DISCLAIMER: Andy Chambers (Endorser) track record was compiled from calculations derived from documentation from the Compound Income Trader newsletter a Chambers Advisors Inc. (CAI) publication; Said publications and documentation were made available to CAI subscribers. No representation is made that actual purchases and sales were made at the prices stated. The Andy Chambers Advisors, The Market’s Line in the Sand Newsletter is a Chambers Advisors Inc. publication. Facts stated in this article were supplied to endorser from third-party sources. Andy Chambers, Chambers Advisors Inc.(CAI) received $10,000 in cash compensation from Blackrock Media Group Inc. and its client Edge Strategies, LLC to endorse this advertisement in addition, Andy Chambers, Chambers Advisors Inc.(CAI) does expect to receive new subscriber revenue as a result of this advertising effort. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this newsletter as the basis for any investment decision. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our publication is not trustworthy unless verified by their own independent research. Only invest monies you can afford to lose. Andy Chambers Chambers Advisors Inc.(CAI) makes no representations as to such facts, reliability, accuracy or completeness. Endorser is not responsible for errors or omissions. Endorser does not claim any special expertise or knowledge regarding the Printing industry. Endorser is neither acting as an investment advisor nor providing individual investment advice. Andy Chambers Chambers Advisors Inc.(CAI) OWNS NO SHARES,OPTIONS,WARRANTS in Makism3D Corp.(MDDD). Also, Makism3D Corp.has neither approved nor paid for this specific advertisement. Readers should perform their own due diligence. The information presented is provided for information purposes only and the endorsement is not to be used or considered as an offer or the solicitation of an offer to sell or to buy or subscribe for securities. Endorser has not taken any steps to ensure that the securities referred to in this report are suitable for any particular investor. Any securities referenced by Endorser may not be suitable for you and it is recommended that you consult an independent investment advisor if you are in doubt about such investments. Nothing in the endorsement constitutes investment, legal, accounting or tax advice or a representation that any investment or strategy is suitable or appropriate to your individual circumstances or otherwise constitutes a personal recommendation to you. Information, opinions and estimates referenced in the endorsement reflect a judgment at its original date of publication and are subject to change without notice. The price and value of the securities mentioned in the endorsement can fall as well as rise, and may have a high level of volatility. High volatility securities may experience sudden and large falls in their value, leading to losses. High volatility investments may also be difficult to sell. Similarly, it may prove difficult for you to obtain reliable information about the value or risks to which such an investment is exposed. The endorsement may provide the addresses of, or contain hyperlinks to, websites. Except to the extent to which the report refers to website material of Endorser, the Endorser has not reviewed any recommended or linked site and takes no responsibility for the content contained therein. Such address or hyperlink is provided solely for your convenience and information and the content of the linked site does not in any way form part of the endorsement. Accessing such websites or following any link shall be at your own risk. Further, you are advised to read and carefully consider the additional explanations of risk factors in Markism 3D Corp. SEC filings that can be found online in the SEC‚s EDGAR database at www.SEC.gov  . Neither Andy Chambers nor his publication is offering securities for sale. Finally, Penny Stocks are EXTREMELY RISKY. You should consult with your registered investment adviser before investing to determine suitability and risk tolerance. Andy Chambers Chambers Advisors Inc.(CAI) assumes no risk for investor losses or profits. 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, statements contained herein that look forward in time, which include everything other than historical information, involve risks and uncertainties that may affect Makism3D Corp. actual results of operations. Factors that could cause actual results to differ include 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. There is no guarantee that past results are indicative of future performance. IMPORTANT NOTICE! Option and stock investing involves risk and is not suitable for all investors. Only invest money you can afford to lose in stocks and options. Past performance does not guarantee future results. The trade entry and exit prices represent the price of the security at the time the trade recommendation was made. The Andy Chambers Chambers Advisors Inc.(CAI) trade record does not represent actual investment results. Trade examples are simulated and have certain limitations. Simulated results do not represent actual trading. Since the trades have not been executed, the results may have under or over compensated for the impact, if any, of certain market factors such as lack of liquidity. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.

Third Party Advertiser IMPORTANT NOTICE AND DISCLAIMER: Blackrock Media Group Inc., (BMG) has received a total of $2,750,000 USD as of November 30th, 2013 from its client Edge Strategies, LLC., the third party advertiser for this advertising in an effort to build investor awareness for Makism 3D Corp. (OTCQB: MDDD). BMG shall retain any amounts over and above the cost of creating and distributing this advertisement which advertises The Andy Chambers Advisor’s The Market’s Line in the Sand Newsletter (a publication of Andy Chambers Chambers Advisors Inc.) coverage of Makism 3D Corp. Advertising services include; production, outsourced advertising copywriting services, mailing and other related distribution services and advertising media placement costs. Blackrock Media Group, Inc. is a company based in Bacolod City, Philippines and its client Edge Strategies, LLC, third party advertiser, is a company based in Charlestown, Nevis. Edge Strategies, LLC, the third party advertiser, has represented to BMG in writing that it does not own any shares of Makism 3D Corp. except for restricted stock. Edge Strategies, LLC. has represented to BMG in writing that it will not sell, pledge or hypothecate or otherwise agree to dispose of for 90 days following the initial dissemination of this advertisement. Edge Strategies, LLC. has also represented to BMG in writing that neither it nor its affiliates will buy or sell any shares of Makism 3D Corp. during the period that this advertisement is being disseminated by BMG or 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 BMG to buy or sell any security. BMG 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. BMG is not a financial analyst, investment advisor or broker/dealer. The services provided by BMG 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. BMG is not responsible for the endorsement of this advertisement, which is the sole responsibility of The Andy Chambers Advisor’s The Market’s Line in the Sand Newsletter. Andy Chamber`s Chambers Advisors Inc. expects to receive an unknown amount of subscription revenue as a result of this advertising effort. Neither BMG nor its members have an ownership interest in The Andy Chambers Advisor’s The Market’s Line in the Sand Newsletter or any of its affiliates, and neither The Andy Chambers Advisor’s The Market’s Line in the Sand Newsletter nor its affiliates have an ownership interest in BMG. BMG 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 Makism 3D Corp. You should also determine that an investment in Makism 3D Corp. is appropriate and suitable for you. Makism 3D Corp. is traded on the OTCQB Bulletin Board (trading symbol: MDDD). 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 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 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 Makism 3D Corp. 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, BMG 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 website.

mddd_chart

[Edit 2013-12-11]: There are hard mailers going out promoting MDDD. See the full mailer at Promotion Stock Secrets. Zen Trader posted good photos of the disclaimers. Read the Promotion Stock Secrets report on MDDD, which is now available to non-subscribers.

See Ivan’s article on SeekingAlpha about the MDDD pump and dump.

Disclaimer: [Edit 2013-12-12: I have no position in MDDD]; my position will likely change by the time you read this and I will not update this disclaimer unless I update the post; 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 Nevada Gold Corp $NVGC

Another day, another trading suspension of a big stock promotion. This time the ‘victim’ is Nevada Gold Corporation (NVGC). NVGC has been promoted by illegal spam emails from “StockCastle”. This trading suspension comes just two days after the previous trading suspension of a major active stock promotion, Life Stem Genetics.

Here is a chart of NVGC: nvgc

George Sharp had also found a hard mailer promoting NVGC.

NVGC will reopen for trading on the grey sheets on December 12th.

From the trading suspension release:

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

 

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

 

Disclaimer: I am short 15,000 shares of NVGC at Interactive Brokers and I am long 10,000 shares at Speedtrader. I intend to exit those positions soon after the stock reopens for trading. I have no position in any other stock mentioned. I have no relationship with any parties mentioned above, other than that I am friendly with the author of the negative SeekingAlpha article on LIFS. 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 Life Stem Genetics $LIFS

Another day, another trading suspension of a big stock promotion. This time the ‘victim’ is Life Stem Genetics (LIFS). I previously blogged about that promotion on October 30th. This trading suspension comes just one week after the previous trading suspension of a major active stock promotion, Sovereign Lithium.

Here is a chart of LIFS:

lifs_chart

 

The SEC’s trading suspension press release gave less detail than most about the reason for the trading suspension. LIFS will reopen for trading on the grey sheets on December 10th.

From the trading suspension release:

The Commission temporarily suspended trading in Life Stem because of questions regarding the
adequacy and accuracy of information about Life Stem, including, among other things, its
business operations.

 

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

 

Disclaimer: I am short 2153 shares of SLCO at Interactive Brokers that I intend to cover soon after the stock reopens for trading. I have no position in any other stock mentioned. I have no relationship with any parties mentioned above, other than that I am friendly with the author of the negative SeekingAlpha article on LIFS. 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.

Fresh Healthy Vending $VEND gets an Andy Carpenter / Wall Street Revelator mailer and goes supernova

I apologize for my slowness in posting about this pump. It was first mentioned on Twitter by TMcNasty as a hard mailer stock promotion  on November 13th. All the pictures of the mailer in this post are ones that TMcNasty posted to Twitter.

 

vend_cover

Disclosed budget: $1,300,000

Promoter: Wall Street Revelator / Andy and Lynn Carpenter

Paying party: Brown Dog Marketing Inc

Shares outstanding:  18,382,852
Previous closing price: $2.70
Market capitalization: $49 million

 

Excerpt from disclaimer:

The Wall Street Revelator and/or its publisher, Andrew & Lynn Carpenter, dba The Wall Street Revelator has received a total amount of Seventeen thousand  five hundred dollars in cash compensation to assist in the writing of this Advertisement …

Brown Dog Marketing, Inc. paid one million three hundred thousand dollars to marketing vendors to pay for all the costs of creating and distributing this Advertisement …

 

disclaimer vend_box

Oddly enough the volume on VEND did not start until a couple days after the mailers started hitting:vend

 

Disclaimer: I have no position in any stock mentioned and I have no relationship with any parties mentioned above. I was short VEND and lost a bunch of money when my short was bought in by Interactive Brokers yesterday. 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.

Amazonica Corp $AMZZ gets a SmallCap Fortunes / Tim Fields Pump

This morning I received emails from Tobin Smith linking to a pump page on Amaonzica Corp (AMZZ): http://www2.smallcapfortunes.com/amzz/index.html. This company already has a huge market cap so I would love to short in a few days.

 

Disclosed budget: $600,000

Promoter: Capital Financial Media (SmallCapFortunes.com) and Tim Fields Untapped Wealth

Paying party: ?

Shares outstanding:  214,000,000
Previous closing price: $0.73
Market capitalization: $156 million

 

amzz

 

 

 

Excerpt from disclaimer:

 CFM has managed a total production budget of up to $600,000 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. Untapped Wealth is paid $5,000 as an editorial fee from CFM and also expects to receive new subscriber revenue as a result of this advertising effort.

Disclaimer:

IMPORTANT NOTICE AND DISCLAIMER: This advertising issue of Untapped Wealth 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 Untapped Wealth or an offer or solicitation to buy or sell any security. Amazonica, Inc., (AMZZ), the company featured in this issue, appears as paid advertising by Servus Global Technologies Corp. to provide public awareness for AMZZ. Untapped Wealth and Capital Financial Media (CFM) have used outside research and writers using public information to create the advertisement coming from Untapped Wealth about AMZZ. Although the information contained in this advertisement is believed to be reliable, Untapped Wealth and CFM 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. Untapped Wealth 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 investors with additional information on request. CFM has managed a total production budget of up to $600,000 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. Untapped Wealth is paid $5,000 as an editorial fee from CFM and also expects to receive new subscriber revenue as a result of this advertising effort. *More information can be received from AMZZ’s investor relations firm. Further, specific financial information, filings and disclosures as well as general investor information about publicly traded companies like AMZZ, 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 provisions of the Private Securities Litigation Reform Act, AMZZ 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 website.

amzz_chart

 

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

Gray Fox Petroleum $GFOX gets a Tobin Smith stock promotion

This morning I received emails from EmergingMarketsLLC.com and FutureMoneyTrends.com promoting Gray Fox Petroleum (GFOX). I had already seen links to an online landing page (www.grayfoxpetroreport.com) for a GFOX promotion last week. Today is the first day that GFOX has traded significant volume.

 

 

Disclosed budget: $270,665.34

Promoter: Tobin Smith

Paying party: Cenad Ltd.

Shares outstanding:  36,169,200
Previous closing price: $1.09
Market capitalization: $36 million

 

 

 

 

Excerpt from disclaimer:

This paid email advertisement by Tobin Smith (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. Gray Fox Petroleum Corp (hereafter “GFOX”), the company featured in this issue, appears as paid advertising. Cenad Ltd. has paid $270,665.34 for the dissemination of this info to enhance public awareness for GFOX.

Disclaimer:

IMPORTANT NOTICE AND DISCLAIMER: This paid email advertisement by Tobin Smith (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. Gray Fox Petroleum Corp (hereafter “GFOX”), the company featured in this issue, appears as paid advertising. Cenad Ltd. has paid $270,665.34 for the dissemination of this info to enhance public awareness for GFOX. 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. 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More information can be received from GFOX’s website at www.grayfoxpetro.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 www.sec.gov and 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 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. 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PDF copy of promotion website.

gfox

 

Disclaimer: I have no position in any stock mentioned and 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 Sovereign Lithium Inc $SLCO

Disclosure: I am short SLCO.

The string of suspensions of promoted stocks during the promotion or soon after continues with the SEC suspending trading in Sovereign Lithium Inc. (SLCO) last Friday. Judging by postings on InvestorsHub and Twitter, there was a new mailer promoting SLCO sent by James Rapholz’s Economic Advice. Despite the new ticker and name and mailer pump, the company has been around and was the subject of a mailer pump under the name Great American Energy and ticker SRBL starting back in February 2013.

Here is a chart showing the recent re-pump of SLCO:

slco_3mo

And the chart below shows the previous pump as well:

slco_11mo

 

While the SEC’s trading suspension press release included the usual language about “concerns regarding the accuracy and adequacy of information in the marketplace” it also highlighted “potentially manipulative transactions in Soverign Lithium’s common stock,” which is something rarely mentioned in these releases. The recent excellent article on TheStreet.com about promoter Awesomepennystocks.com (APS) mentioned that FINRA had sent “fraud surveillance section referral reports” to the SEC on numerous APS pumps. Perhaps after its slowness to act on the APS pumps came to light the SEC has decided to take a much closer look at manipulative trading in penny stock pump and dumps. If that is the case we should see a bunch more suspensions soon, likely including Pan Global Corp (PGLO).

 

From the trading suspension release:

The Commission temporarily suspended trading in the securities of Sovereign Lithium because
of concerns regarding the accuracy and adequacy of information in the marketplace and
potentially manipulative transactions in Sovereign Lithium’s common stock.

 

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

 

Disclaimer: I am short 2153 shares of SLCO at Interactive Brokers that I intend to cover soon after the stock reopens for trading. 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.