Stock Promotions – Page 16

AEGEA Inc $AEGA Pump and dump from the folks who brought you the $MEDA dump

I previously wrote about the pump and dump on Media Analytics Corportion (MEDA), which had quite the epic dump not long after the pump started.

The website that promoted MEDA — StockReportBaron.com — is hosted at the same IP address as another website, StockAlertReports.com. At the time I found the MEDA pump I noticed the StockAlertReports.com website but there was nothing there. Maybe a week or two ago the website went live, promoting AEGEA Inc (AEGA). AEGA has traded low volume since then while slowly upticking. With 115 million shares outstanding the company has an insane $287 million market cap. Even though the pump does not appear to be very active the horrible performance of MEDA and the large market cap convinced me to short some for a long-term trade. That short position (which was at Interactive Brokers) was bought-in on Friday. On Friday there were maybe ten trades in a row of 10,000 shares at $2.47 which is odd and might be indicative of prearranged sales of stock from insiders to promoters (or it could mean nothing). I will be looking high and low for more shares to short of AEGA.

Disclosed budget: $750,000

Promoter: StockAlertReports.com

Paying party: NGS Ventures Inc.

Shares outstanding: 115,000,000
Previous closing price: $2.50
Market capitalization: $287 million

PDF copy of pump page2013-10-12 AEGA

Excerpt from disclaimer:

StockAlertReports.com has received or expects to receive and manage a total production budget of seven hundred fifthy [sic] thousand dollars from NGS Ventures Inc. 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 distributino expenses, as a fee for its services.

Full disclaimer:

Disclaimer: 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.

Equity Awareness Group pays up for ads for new websites

One of my favorite stock promoters is Equity Awareness Group (EAG). They tend to do higher-priced pumps (above $0.50) that last for a few days and get absolutely destroyed. Their pumps almost always make for highly profitable shorts. Today while searching for new stock promoter and stock promotion advertisements I came across a couple new websites that EAG is advertising heavily:

After signing up to both SBStockPicks.com and ConsumerMarketReport.com I received a welcome email from SBStockPicks (News@sbstockpicks.com) signed “Stock Brainiac”. I took a look at the websites hosted on Stock Brainiac’s (a known EAG website) server and found that both the new websites as well as a handful of other promotion websites:

I signed up to all those promotion websites so that I won’t miss the next EAG pump: ALFSS!

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.

George Sharp, failed stock promoter

[For a much more in-depth look at George Sharp and why my opinion of him has changed recently, see my new post Reconsidering George Sharp: An Enigmatic penny stock crusader]

In early 2012 a pre-promotion stock trading service called First Microcap Report, run by Leslie Howard, advertised on PumpsandDumps.com. Howard achieved some traction although his research wasn’t particularly good and while I followed him and he did sometimes have useful insights, I certainly didn’t go about recommending him. I suppose he didn’t find enough people interested in his pre-promotion trading service or he didn’t make enough money trading his alerts, because in late May 2012 he took money to promote Biostem Corp (HAIR). He continued to promote HAIR for months.

Below is a screenshot from my welcome email upon signing up to FirstMicroCapReport.com:

Around the same time, Michael Osborne, a convicted felon and frequent target of litigious penny stock gadfly George Sharp, posted on the AbuseofLaw.org website allegations that Sharp not only ran Pumpsanddumps.com but was also Leslie Howard. I did not post those allegations on my blog for a couple reasons: Sharp was only a minor figure in the penny stock world after suing a couple penny stock companies, and the evidence was circumstantial only. I was not surprised when Sharp won a libel lawsuit against Osborne and that appeared to vindicate my earlier decision.

Yesterday a poster on Investorshub pointed out a lawsuit filed in August by Market Broadcast LLC and George Sharp against HAIR and its executives (and others). This proved the earlier accusations that Osborne had made (although I do remember that he made a bunch of other allegations as well and those may have been false). I looked at the court docket and downloaded the initial complaint myself.

Sharp v. Hair initial complaint (pdf)

From the complaint:

1. At all times mentioned herein, Plaintiff Market Broadcast, LLC (“MARKET”)
was a Nevada Limited Liability Corporation with offices in Ft. Lauderdale, Florida and La Jolla,
California. The Plaintiff is in the business of bringing investor awareness to public companies.

2. At all times mentioned, Plaintiff George Sharp (“SHARP”) was the managing
member of Plaintiff MARKET, and SHARP has become recognized internationally as a crusader
against penny stock fraud and has been loudly applauded for his efforts.

Later in the complaint, Sharp discloses the payment he agreed to receive for promoting HAIR; a copy of that stock promotion agreement is attached to the end of the complaint linked above.

The AGREEMENT required the Plaintiff SHARP to be paid 300,000 free-trading
shares at the time that the investor awareness program began. The shares issued to the plaintiff
did not become free-trading until July 10, 2012, when the shares were already trading at a 42%
discount from the high share price achieved during the investor awareness campaign.

Related to this lawsuit, some Biostem insiders and financiers were arrested by the FBI in February for conspiring to manipulate Biostem and other stocks. Sharp was not sued by the SEC nor was he arrested. I really don’t understand why he filed the lawsuit at all — his chance of recovering any money has to be very low with the Feds involved.

One of the more interesting things about this lawsuit is that First MicroCap Report LLC was always disclosed as the owner / publisher of FirstMicroCapReport.com, not Market Broadcast LLC. Yet the promotion contract with HAIR was with Market Broadcast LLC, not First Microcap Report LLC. I can think of no legitimate reason why Sharp used two different LLCs for his stock promotion business.

What should we conclude from this? Simple: don’t trust anyone, especially not in the penny stock world. Does this mean that Sharp’s lawsuits against various promoters and penny stocks will no longer affect the prices of those stocks? No. Does this make him much less likely to win his various lawsuits? Probably not. But anyone who held Sharp in high regard will be much less likely to do so now.

Why trading in PacWest Equities $PWEI was suspended by the SEC

When I first wrote about PacWest Equities (PWEI) I thought it highly likely that the SEC would suspend trading in the stock. I was wrong. I then stopped following the company because it was no longer being promoted by high-profile stock promoters (Victory Mark Corp). Yet three days after a new promotion of the company by Awesomepennystocks.com and Victory Mark Corp, the SEC suspended trading in Pacwest Equities’ stock. The SEC suspension, likely in reaction to recent press releases, led me to look back at what I had written about the company and what the company has done since then. I was surprised by how contradictory a number of the company’s press releases were.

My main problems with PacWest Equities were with its press releases about deals with K. Hill Livestock and its press releases about its acquisition of PurGro Electronics LLC. First, I recap my research on K. Hill Livestock and then I show the blatant lies about PurGro Electronics.

K. Hill Livestock, about which PacWest Equities put out multiple press releases last year with regards to a purchase order and distribution agreement, does not appear to exist. I looked through phone listings, business registration listings, and did numerous web searches. No similarly named company exists with “Livestock” in its name. The only similar name that I could find was Kevin Hill Horseshoeing run (obviously) by Kevin Hill (I attached the Hawaii business record of that enterprise). There is only one Kevin Hill on the big island of Hawaii and a quick search of his name turned up a court filing made this summer indicating that he has almost no assets and no job and thus couldn’t have a meaningful business relationship with PacWest Equities’ subsidiary World Eco Source.

While K. Hill Livestock may exist, I doubt it, and no press releases or filings by Pac West Equities since last November have provided further evidence of a business relationship with K. Hill Livestock. There have been no revenues for the company over the last year from any source.

PacWest Equities, Inc. to Team With K. Hill Livestock for Distribution Rights for Hawaii in a Deal Worth up to $12 Million US in Annual Sales Marketwired (Mon, Nov 12)

World Eco Source Foods Corp. Unit of PacWest Equities, Inc. Announces Initial Purchase Order for up to 5 MobileFeed(R) Trailers in a Deal Worth Almost $1 Million USD Marketwired (Fri, Oct 19)

PacWest Equities, Inc. Announces Its Entry Into the $50 Billion a Year Organic Food Production Market Through Its Wholly Owned Subsidiary, World Eco Source Corp. Marketwired (Thu, Oct 11)

Even more damning than the likely lack of existence of a major customer/partner is the company’s contradictory filings and press releases about its acquisition of PurGro Electronics LLC of Georgia in October 2012. PacWest Equities put out three press releases about PurGro Electronics:

PacWest Equities, Inc. Announces 430% Increase in 3rd Quarter Sales Over 2011 Results for Wholly Owned Subsidiary, PurGro Electronics Marketwired (Mon, Nov 5)

PacWest Equities, Inc. Completes Acquisition of PurGro Electronics, LLC Including Approximately US$15 Million in Annual Sales and 11 Potential Revolutionary US Patents Marketwired (Mon, Oct 15)

PacWest Equities, Inc. Announces Letter of Intent to Acquire PurGro Electronics, LLC for Cash and Stock Valued at US$15M Marketwired (Wed, Oct 10)

Many statements in the press releases are false. The first press release describes a “Letter of Intent to purchase PurGro Electronics, LLC in exchange for cash and stock, in a deal valued at US$15M.” As of June 30, 2012 (per the company’s quarterly report filed with OTCMarkets.com) the company showed $0 in current assets so the acquisition could not have included a cash component.

More importantly, in its October 15, 2012 press release PacWest Equities stated, “through its wholly owned subsidiary, World EcoSource Corp., it has completed the acquisition of PurGro Electronics, LLC in exchange for cash and stock.” And in the November 5th press release PacWest Equities described PurGro Electronics as its “wholly owned subsidiary”. Yet no sales from PurGro ever showed up on PacWest Equities’ income statement and no shares were ever issued to pay for the acquisition; in fact, PurGro was never mentioned in any filings with OTCMarkets.com and was never mentioned in a press release after November 5th. At the time of those press releases I contacted the member/manager of PurGro Electronics, Greg Richter, using the email address listed in the LLC’s registration documents and sought comment on the acquisition. He neither confirmed nor denied the acquisition.

Recent Press Releases

It is possible that the SEC took a look at PacWest Equities’ older press releases after the stock promotion began in earnest again on September 12, but I think it more likely that the suspension was due to the company’s two recent press releases prior to the suspension (a third press release came just after trading in the stock was suspended):

PacWest Equities, Inc. Announces Partnership With Two of Brazil’s Energy Companies, Itambe Energy and 3CO Energy Marketwired (Fri, Sep 13)

LAS VEGAS, NV–(Marketwired – Sep 13, 2013) – PacWest Equities, Inc. (PINKSHEETS: PWEI) today announced details of the recent partnership agreements with two of Brazil’s energy companies, Itambe Energy and 3CO Energy, both located in the Capital of Parana, Curitiba, Brazil. The partnerships would give PacWest Equities an immediate foothold in the region to quickly deploy its Solar Manufacturing Line and help accelerate its plans to capture a large share of the estimated $US89 Billion Solar Market in South America by 2017.

The Solar Manufacturing Line, which costs over $100 Million to develop, with $67 Million going to Research and Development, $12 Million to build the prototype line, and $27 Million going to the actual production line now in physical possession of PacWest Equities, Inc., addresses the construction market’s need to replace typical tinted window panes in high-rise buildings with Solar Glass Panels that generate electricity at the same time as functioning as a window, a skylight, or any other type of building cover. This technology is designed to integrate with other technologies in the building market, but at the same time opening up huge surface areas for Solar Generation that previously were tinted, coated, and usually curtained to attempt to stop the transfer of heat and energy drain.

The above press release can be seen as misleading in that it describes the amount of money spent by Daystar (DSTI) to develop the (money-losing) product line that PacWest Equities bought, which is rather irrelevant, but I do not think it is blatant enough to warrant a trading suspension.

PacWest Equities, Inc. Secures 50 Million USD Financing Commitment From Euro Brazil Investments, SA in Exchange for a Minority Interest in PacWest Equities, Inc. Marketwired (Thu, Sep 12)

LAS VEGAS, NV–(Marketwired – Sep 12, 2013) – PacWest Equities, Inc. (PINKSHEETS: PWEI) announced today that it had secured a commitment for 50 Million USD in financing from Euro Brazil Investments, SA of Luxembourg City, Luxembourg. Euro Brazil Investments, registered through the Brazilian Central Bank, will receive a minority interest in exchange for its investment in PacWest Equities, Inc., which plans to bring its recently acquired Solar Line of CIGS Manufacturing Technology and its proprietary Intellectual Property to Brazil.

The technology, which cost over $100 Million to develop, with $67 Million going to Research and Development, $12 Million to build the prototype line, and $27 Million going to the actual production line now in physical possession of PacWest Equities, Inc., addresses the construction market’s need to replace typical tinted window panes in high-rise buildings with Solar Glass Panels that generate electricity at the same time as functioning as a window, a skylight, or any other type of building cover. This technology is designed to integrate with other technologies in the building market, but at the same time opening up huge surface areas for Solar Generation that previously were tinted, coated, and usually curtained in an attempt to stop the transfer of heat and energy drain.

The above press release is likely the reason for the trading suspension. A $50 million financing commitment for a pinksheet stock with less than $13,000 in tangible assets as of June 30th is ludicrous. I did check the Luxembourg corporate registry and EuroBrazil Investments does exist. Eurobrazil Investments was founded in January 2012, but the corporate records don’t give any other useful details. See its public filings. It is possible that this financing commitment is in the form of discounted shares that can be immediately sold; if that is the case, not stating it would be misleading enough to warrant a trading suspension. Of course it is also possible that the financing commitment is a complete lie.

[Edit 2013-11-11]: Lucio Lopez, purporting to be the President of Euro Brazil Investments SA, contacted me to state that his company had never even been contacted by PacWest Equities and had no relationship whatsoever with them. I encouraged him to file a complaint with the SEC and assured him that I would update this blog post.

My articles on PacWest Equities on OTCMicrocapResearch.com:

Coverage initiated on PacWest Equities: Strong sell
Is PacWest Equities a bona fide company or is it being run for the purpose of selling shares?
More contempt for the investing public from PacWest Equities
Another K Hill press release from PacWest Equities

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!

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.