High likelihood of an SEC trading suspension of Bayside Corp $BYSD

Today Bayside Corporation (BYSD) was promoted by numerous 3rd-rate stock promoters. Coinciding with the promotion, the company put out an absurd press release yesterday touting a huge purchase order. This was only the company’s second press release this year (the first one was a week ago). Here is an excerpt from the press release:

DALLAS, July 23, 2013 /PRNewswire/ — Bayside Corp. (BYSD) today announced that the company has been awarded a purchase order to supply 3,600,000 Metric tons of heavy fuel oil exports annually.
Additionally, the order represents approximately $160,500,000 in gross revenues every month for the next thirty-six months. Heavy fuel oil exports is the first step in the company’s long-term expansion plans to develop its oil and natural gas business in the international marketplace.
Gordon Johnson, Chairman of Bayside Corp., was quoted saying, “we are thrilled to expand our revenue base with international heavy fuel oil export orders.” Furthermore, the contractual finalization of the purchase orders and the heavy fuel oil exports is expected to be completed within the next 30 days.

Thanks to Pumpsanddumps.com for pointing this out (see their article on BYSD). Extraordinary claims demand extraordinary proof and I cannot imagine any crappy penny stock company (particularly one with a $4 million market cap as of yesterday) ever receiving such a large order. With the stock up 93% to $0.009 as I write this, I anticipate the stock dropping by over 60% in the next day or two even if the stock does not get suspended.

I previously thought that SKTO would likely get suspended by the SEC but that never happened.

[Edit 2013-7-25]: See the Promotion Stock Secrets article on BYSD.

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

North American Oil & Gas Corp $NAMG gets a Tobin Smith pump

I first received emails yesterday promoting North American Oil & Gas (NAMG) from Global Marketing Media LLC websites.

PennyStockCircle is owned and operated by Global Marketing Media LLC. Global Marketing Media LLC has been compensated thirty five thousand dollars for a two day marketing and promotional effort on NAMG by Lake Group Media, Inc.

The Global Marketing Media LLC websites are:

Pennystockpros.net
TheStockScout.com
PennyStockClub.net
PennyStockCircle.com
123StockAlerts.com

Quickly searching the web and my past emails I saw that Lake Group Media Inc., which had paid for the promotion, had been the paying party in many other promotions, including a couple bigger mailer pumps. I tweeted about that after Ivan tweeted that he thought that NAMG might get a big pump because of the high share price. This morning I then saw this tweet linking to this website promoting NAMG (http://namginfo.com/index.html) with Tobin Smith as the promoter. So far the trading volume on NAMG is fairly low. I am definitely not looking to buy this promotion but I am not in a hurry to short either.

Disclosed budget: $340,006.08

[Edit 2013-8-4: The budget is now disclosed as $939,443.70.]
[Edit 2013-8-23: The budget is now disclosed as $1,338,546.80.]

Promoter: Genius Marketing Ltd. & NBT Equities Research / Tobin Smith

Paying party: Genius Marketing Ltd.

Shares outstanding:  60,125,000
Previous closing price: $0.90
Market capitalization: $54 million

Excerpt from disclaimer:

North American Oil and Gas Corporation (hereafter “NAMG”), the company featured in this issue, appears as paid advertising. Genius Marketing Ltd. has budgeted $340,006.08 [sic] for the dissemination of this info to enhance public awareness for NAMG.

TS has received twenty thousand dollars for this and related marketing materials. TS also expects to receive new subscriber revenue, the amount which is unknown at this time, as a result of this advertising effort.

namg_screenshot

PDF copy of promotion page.

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. North American Oil and Gas Corporation (hereafter “NAMG”), the company featured in this issue, appears as paid advertising. Genius Marketing Ltd. has budgeted $340,006.08 for the dissemination of this info to enhance public awareness for NAMG. Although the information contained in this advertisement is believed to be reliable, TS makes no warranties as to the accuracy of any of the content herein and accepts no liability for how readers may choose to utilize it. The information contained herein is based exclusively on information generally available to the public and does not contain any material, non-public information. Readers should perform their own due-diligence before investing in any security including consulting with a qualified investment advisor or analyst. Readers should independently verify all statements made in this advertisement and perform extensive due-diligence on this or any other advertised company. TS has received twenty thousand dollars for this and related marketing materials. TS also expects to receive new subscriber revenue, the amount which is unknown at this time, as a result of this advertising effort. TS 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. TS is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. Research and any due diligence was conducted by an outside researcher for this advertisement. More information can be received from NAMG’s website at www.namoag.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. 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. All other trademarks used in this publication are the property of their respective trademark holders. TS is not affiliated, connected, or associated with, and is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by TS to any rights in any third-party trademarks.

[Edit 2013-8-23]: I continue to get emails promoting NAMG from various promoters. I was made aware of another online website promoting NAMG, Californiaoilboominfo.com. It shows the same Tobin Smith pitch as NAMGInfo.com. I did notice that the total budget for the promotion has been increased drastically, to $1,338,546.80.

New 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. North American Oil and Gas Corporation (hereafter “NAMG”), the company featured in this issue, appears as paid advertising. Genius Marketing Ltd. has budgeted $1,338,546.80 for the dissemination of this info to enhance public awareness for NAMG. Although the information contained in this advertisement is believed to be reliable, TS makes no warranties as to the accuracy of any of the content herein and accepts no liability for how readers may choose to utilize it. The information contained herein is based exclusively on information generally available to the public and does not contain any material, non-public information. Readers should perform their own due-diligence before investing in any security including consulting with a qualified investment advisor or analyst. Readers should independently verify all statements made in this advertisement and perform extensive due-diligence on this or any other advertised company. TS has received twenty thousand dollars for this and related marketing materials. TS also expects to receive new subscriber revenue, the amount which is unknown at this time, as a result of this advertising effort. TS 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. TS is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. Research and any due diligence was conducted by an outside researcher for this advertisement. More information can be received from NAMG’s website at www.namoag.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. 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. All other trademarks used in this publication are the property of their respective trademark holders. TS is not affiliated, connected, or associated with, and is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by TS to any rights in any third-party trademarks.

Disclaimer: [Edit 2013-8-23 I am long 13,450 shares NAMG in one account and short 16,700 shares NAMG in another account. I may change this position at any time. I will not update this disclaimer when I change my position except if I edit this post again.] 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.

Eco-Tek Group $ETEK gets a repump

As can be seen in the chart, Eco-Tek (ETEK) was promoted back in February of this year. There were many emails from bad promoters as well as an online landing page at http://www.stocktips.com/etek/. I have archivedd a PDF version of that page. Since April Eco-Tek has had very little volume.

etek

I just received an email this weekend from FutureMoneyTrends.com linking to the website http://slashfuelcosts.com/. This time there is a much higher budget disclosed, so this stock will likely get plenty of volume over the next couple weeks. Of course, more promotion and more trading volume doesn’t mean the stock will go up. ETEK still has an absurdly large market cap and I think anyone who buys it is crazy. I would be excited about the possibility of selling the stock short but the price is lower than I prefer.

Disclosed budget: $450,000

Promoter: Future Money Trends

Paying party: BC Ltd.

Shares outstanding:  250,819,800
Previous closing price: $0.27
Market capitalization: $67 million

Excerpt from disclaimer:

Eco-Tek Group Inc. (hereafter ‘ETEK’), the company featured in this report, appears as paid advertising, paid by BC Ltd. (a non-affiliated third party). ETEK has neither approved nor paid for this specific advertisement. FutureMoneyTrends received a ten thousand dollar editorial fee to cover editorial costs associated with the development of this email and online report. FutureMoneyTrends stands to make a profit from the editorial services charged. BC Ltd. has paid or expects to pay upwards of four hundred and fity thousand dollars as a total production budget for this online advertising effort.

etek_screenshot

PDF copy of promotion page.

Disclaimer:etek

 

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

Sanwire Corporation $SNWR pumps itself

This morning I received an email from Investors Alley (email@investorsalley.messages4.com) promoting Sanwire Corporation (SNWR) and linking to http://snwrbreakingnews.com/snwrreport/ This is an interesting promotion because the company itself is not only paying for the promotion but managing the promotion.

snwr

See the PDF copy of the pump page.

[Edit 2013-7-13]: The British Columbia Securities Commission has issued two separate cease trade orders (first back in May and then on July 12) on Sanwire (SNWR). The practical effect for traders outside of British Columbia is nil but I believe multiple such orders may indicate a greater chance of more serious regulatory trouble.

See the Promotion Stock Secrets article on Sanwire (SNWR).

 

Disclosed budget: $314,259

Promoter: Sanwire and Future Money Trends

Paying party: Sanwire

Shares outstanding:  41,451,937
Previous closing price: $0.52
Market capitalization: $21 million

Excerpt from disclaimer:

Sanwire Corporation has managed a total production budget of $314,259 for this advertising effort. Future Money Trends is being paid $50,000 and also expects to receive new subscriber revenue as a result of its participation in this advertising effort.

Full disclaimer:

Important Notice and Disclaimer This paid advertising issue of Future Money Trends 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 Future Money Trends or as an offer or solicitation to buy or sell any security. Sanwire Corporation, the company featured in this issue, appears as paid advertising paid for by Sanwire Corporation to increase public awareness of the company and its prospects. All information appearing in this advertisement is taken from publicly available sources. Although Future Money Trends and its editor and publisher believe this information to be accurate and reliable, neither Future Money Trends nor its editor or publisher has independently verified any information contained in this advertisement. Future Money Trends or its editor or publisher makes any representation or warranty whatsoever with respect to the accuracy or completeness of any information contained herein. Future Money Trends 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. You can obtain more information about Sanwire Corporation from its website at www.sanwire.net. Sanwire Corporation is a reporting company under the Securities Exchange Act of 1934, as amended, and trades on the OTC Markets Group under the symbol SNWR. Sanwire Corporation’s 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 Sanwire Corporation, 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. Sanwire Corporation has managed a total production budget of $314,259 for this advertising effort. Future Money Trends is being paid $50,000 and also expects to receive new subscriber revenue as a result of its participation in this advertising effort. Future Money Trends does not own any securities in Sanwire Corporation and will not buy, sell or offer to buy or sell any securities in Sanwire Corporation 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. This paid advertisement contains forward-looking statements regarding Sanwire Corporation, 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 Sanwire Corporation 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 Sanwire Corporation’s products and services, its ability to develop and distribute its products, its ability to enter attract customers, 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.

 

snwr_chart

 

Disclaimer: I have no position in any stock mentioned above 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 Freezes accounts used in illegal sales of unregistered shares of Biozoom $BIZM

Earlier today the SEC announced that it froze accounts of eight different Argentinians who had illegally sold unregistered shares of Biozoom (BIZM). Two others who had not yet sold shares also had their accounts frozen. A week ago the SEC suspended trading in Biozoom. See my original post on the Biozoom promotion as well as the Promotion Stock Secrets post on the individuals behind the promotion.

SEC press release
SEC complaint

The sheer number of shares sold and the profits involved are impressive. Here is a good description of what transpired from the SEC press release:

The SEC’s complaint alleges that from March to June 2013, the ten defendants received more than 20 million shares of Entertainment Art, which was one-third of the company’s total outstanding shares. In a one-month period beginning in mid-May, eight of them sold more than 14 million shares. The sales yielded almost $34 million, of which almost $17 million was wired to overseas bank accounts. Their U.S. brokerage accounts, which include approximately $16 million in cash, are subject to the asset freeze.

The ten defendants in the litigation are: Magdalena Tavella, Andres Horacio Ficicchia, Gonzalo Garcia Blaya, Lucia Mariana Hernando, Cecilia De Lorenzo, Adriana Rosa Bagattin, Daniela Patricia Goldman and Mariano Pablo Ferrari (Mariano Graciarena and Fernando Loureyro are also named but had not yet sold shares). The defendants claimed to have purchased shares in Biozoom (then known as Entertainment Art Inc.) from the company’s original seed shareholders between November 2012 and March 2013, but those shareholders had already sold all their shares back in 2009.

Despite the SEC’s quick action, over $17m in illicit profits were already wired overseas and are now beyond the reach of American authorities. Most likely none of the individuals whose names appeared on the accounts were behind the fraud. It is believed by many that Francisco Abellan has controlled scheme from the start.

The US brokerages used by the defendants are well-known to everyone who is familiar with the penny stock world: Legend Securities and Scottsdale Capital Advisors.

For further details, I suggest reading Promotion Stock Secret’s post on this litigation (same post as here).

Disclaimer: I am net long 1700 shares of BIZM (long 11,700 shares in one account and short 10,000 shares in another account); I have no positions in any other 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.

Penny Stock Pillager and the neverending Xumanii $XUII pump and dump

Note: I am short XUII (see disclaimer at bottom of post for details).

This morning I received an email from InvestorsHub promoting Xumanii linking to the following page: http://pennystockpillager.com/xuii/index.html. Penny Stock Pillager is published by Capital Financial Media, also known for running SmallCapFortunes.com. They have produced mailers for multiple AwesomePennyStocks.com pump and dumps and now Xumanii as well. This post is a bit tardy as Tim Lento posted that he received a XUII hard mailer from CFM on May 23rd.. Perhaps they had another batch to send out and that is why they didn’t let the pump die despite it breaking below the price at the start of the pump on June 11th.

Xumanii was first promoted by Victory Mark Corp on May 1st and then the AwesomePennyStocks websites joined on May 13th. On May 14th George Sharp sued APS, Victory Mark Corp, Xumanii, and other companies APS and VMC have recently promoted, causing XUII to fall to $0.23 before rebounding.  On May 28th after the market close I published a negative article on Xumanii on SeekingAlpha (and in that article I describe Sharp’s lawsuit). Sharp’s lawsuit and my negative article on SeekingAlpha (which has received over 6300 page views) likely hurt the performance of XUII.

XUII_mailer

See my PDF copy of the pump page.

xuii

Disclosed budget: $1,600,000 (see bottom of post for the compensation of VMC and APS)

Promoter: Capital Financial Management aka Penny Stock Pillager

Paying party: Oligarch Management Ltd.

Shares outstanding:  341,300,300
Previous closing price: $0.29
Market capitalization: $99 million

Excerpt from disclaimer (all incorrect spacing is in the original):

Xumanii (XUII), the “Company” featured in this issue, appears as paid advertising, paid byOligarchManagement, LTD. to provide public awareness forXUII

CFMhas received andmanaged a total production budget of $1,600,000 for this print effort andwill retain any amounts over and above the cost of production, copywriting services,mailing and other distribution expenses, as a fee for its services.

Disclaimer:

IMPORTANTNOTICEANDDISCLAIMER: This featured company sponsored advertising issue ofPennyStockPillager 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 byPennyStockPillager or an offer or solicitation to buy or sell any security.Xumanii (XUII), the “Company” featured in this issue, appears as paid advertising, paid byOligarchManagement, LTD. to provide public awareness forXUII.PennyStockPillager andCapital FinancialMedia (CFM) have used outside research andwriters using public information to create the advertisement coming fromPennyStockPillager aboutXUII. Investors/shareholders of theCompany may orwill sell shares at or about the timePennyStockPillager is distributed.Although the information contained in this advertisement is believed to be reliable,PennyStockPillager and CFMmakes nowarranties as to the accuracy of any of the content herein and accepts no liability for howreadersmay choose to utilize the content.Readers should performtheir own due-diligence, including consultingwith a licensed, qualified investment professional or analyst. Further, readers are strongly urged to independently verify all statementsmade in this advertisement and performextensive due diligence on this or any other advertised company.PennyStockPillager is not offering securities for sale.An offer to buy or sell can bemade only with accompanying disclosure documents and only in the states and provinces forwhich they are approved.Many states have established rules requiring the approval of a security by a state security administrator.Checkwith http://www.nasaa.org or call your state security administrator to determinewhether a particular security is licensed for sale in your state.Many companies have information filedwith state securities regulators andmanywill supply investorswith additional information on request.CFMhas received andmanaged a total production budget of $1,600,000 for this print effort andwill retain any amounts over and above the cost of production, copywriting services,mailing and other distribution expenses, as a fee for its services. *More information can be received from XUII’s investor relations representative. Further, specific financial information, filings and disclosures aswell as general investor information about publicly traded companies like XUII, advice to investors and other investor resources are available at theSecurities and ExchangeCommissionwebsitewww.sec.gov and www.nasd.com.Any investment should bemade only after consultingwith 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 companieswith limited operations and no history of earnings. The information contained herein contains forward-looking informationwithin themeaning of section 27a of theSecurities Act of 1993, as amended, and section 21e of theSecurities ExchangeAct of 1934, as amended, including statements regarding expected growth of the featured company. In accordance with the safe harbor provisions of thePrivateSecurities LitigationReformAct,XUII notes that statements contained herein that look forward in time,which include everything other than historical information, involve risks and uncertainties thatmay affect theCompany’s actual results of operations. Factors that could cause actual results to differ include the size and growth of themarket, theCompany’s ability to fund its capital requirements in the near termand in the long term; pricing pressures, technology issues etc.

 

Here is an excerpt from the disclaimer of Victory Mark Corp:

 Selectpennystocks.com is owned and operated by Victory Mark Corp LTD, 4 Lords Bank, Ladyville, Belize City, Belize. Questions regarding this website may be sent to info@Selectpennystocks.com. The company expects to receive $500,000 USD from a third party for publication of this information.

And  below is the disclaimer from Awesomepennystocks.com:

apsdisclaimer_4

 

Disclaimer: I am short 13,875 shares of XUII at Interactive Brokers. I 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.

Naked Brand Group $NAKD pump and dump

This morning I received an email from Manny Backus (manny@wealthpire.com) promoting Naked Brand Group (NAKD) and linking to http://nextapparelrocket.com/ Earlier today the stock was easily shortable at Interactive Brokers. I would love to short this if only the volume were higher.

NAKD

See my PDF copy of the pump page.

 

Disclosed budget: $50,000

Promoter: Wall Street Investigator

Paying party: FullCorp Trading Limited

Shares outstanding:  31,904,000
Previous closing price: $1.12
Market capitalization: $35 million

Excerpt from disclaimer:

Wall Street Investigator received a ten thousand dollar editorial fee from FullCorp Trading Limited to cover editorial costs associated with the development of this email and online report. Wall Street Investigator stands to make a profit from the editorial services charted. FullCorp Trading Limited has paid or expects to pay upwards of fifty-thousand dollars as a total production budget for this online advertising effort.

Below is the disclaimer (annoyingly, an image and not actual text):nakd_disclaimer

 

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

I must be doing something right …

Here are my monthly profits along with a 6 month forward moving average of each (the average is for the current month and the next five months). My records for 2007 and 2008 are not nearly as reliable so are not included.

Two of my three most profitable months since 2009 have been this month and last month. Four of my six most profitable months were the four most recent months.

Unfortunately I have not been able to upload my recent trades from Interactive Brokers to Profit.ly, so my profits at IB do not show up on Profit.ly (but do show up in the chart below).

$ Profits

These figures do not include data fees or borrow costs.

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.

BlueFire Equipment $BLFR search ad pump and dump

Bluefire Equipment (BLFR) is currently being promoted via ads on search engines. Clicking the ad takes you to the company’s investor relations page. The stock is too illiquid for me to be interested in trading it either long or short.

 

bfre_ad

 

Shares outstanding: 33,947,368

Previous close: $0.61

Market cap: $20 million

PDF copy of company investor relations page.

[Edit 2013-7-12]: BLFR is also being promoted by the website at http://www.financialdigest.info/bfire.html. Thanks to Nodummy from Promotion Stock Secrets for pointing that out to me.

 

blfra

PDF copy of pump page.

Excerpt from disclaimer:

On June 25, 2013 FinancialDigest.info entered into a 90-day advertising agreement related to the dissemination of information about BlueFire Equipment Corp by a non-affiliated third party for compensation of up to fifty thousand dollars.

DIsclaimer:

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Disclaimer:  [Edit 2013-7-12: still no position] 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.

 

SEC Suspends Norstra Energy $NORX

Another day, another SEC suspension of a big pump and dump before the final dump and before volume has faded to nothing. Today the SEC suspended trading in Norstra Energy (NORX), a mailer pump that started back in April (see my post on the pump from April 3rd). Norstra Energy will resume trading on July 11th.

SEC press release
SEC suspension order

The SEC’s explanation for the trading suspension was the usual boilerplate:

Questions have arisen concerning the adequacy and accuracy of press releases and other public statements concerning Norstra’s business operations

See my blog post yesterday on the SEC’s suspension of Biozoom (BIZM) and other pumps this years.

norx

 

Disclaimer: I am net long 1700 shares of BIZM (long 11,700 shares in one account and short 10,000 in another account); I have no position in any other 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.