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Mar 11

Cloud Star Corporation (CLDS) Pump and dump with purported $2.5m budget

Cloud Star Corporation (OTCBB: CLDS) has a landing page online now: http://cldsreport.com/. I am not aware of how long it has been online. I was made aware of it this afternoon when I received uncompensated emails from Initial Investments LLC. An online version of that email can be seen here.

Disclosed budget: $2,500,000
Promoter: Jonathan Kolber’s Transformational Technology Report

Paying party: Elocin Investments

Shares outstanding: 97,200,000
Previous closing price: $0.50
Market capitalization: $48 million

“CloudStar Corp. (hereafter “CLDS”), the company featured in this issue, appears as paid advertising, paid by Elocin Investments $2,500,000 to enhance public awareness for CLDS … Inciti Inc., a corporation owned by an affiliate of Endorser, received a $10,000 fee for this advertising effort.”

So far there is no chatter on Twitter about CLDS. One interesting thing about this promotion is the following line from the disclaimer: “Endorsement is expressly limited to the following statement: ‘Assuming CLDS receives millions of dollars in fresh capital and hires outstanding management, capital gains are possible.'” So in other words, assuming everything goes great, this stock will be a great investment! Of course, you could say the same thing about anything, even Russian Roulette. Traders could make money in CLDS but anyone who invests for the long term will feel like playing Russian Roulette after they lose most of their money.

Full disclaimer:

 IMPORTANT NOTICE AND DISCLAIMER: This paid advertisement by The Transformational Technology Report (hereafter “TTR”) 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 TTR, or an offer to sell or solicitation to buy or sell any security. CloudStar Corp. (hereafter “CLDS”), the company featured in this issue, appears as paid advertising, paid by Elocin Investments $2,500,000 to enhance public awareness for CLDS. Although the information contained in this advertisement is believed to be reliable, TTR 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. Inciti Inc., a corporation owned by an affiliate of Endorser, received a $10,000 fee for this advertising effort. Endorsement is expressly limited to the following statement:“Assuming CLDS receives millions of dollars in fresh capital and hires outstanding management, capital gains are possible.” Neither Jonathan Kolber nor TTR has performed independent due diligence on CLDS. TTR and/or Inciti Inc. also expect to receive new subscriber revenue and mail list rental, the amount which is unknown at this time,as a result of this advertising effort. TTR 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. TTR 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 were conducted by an outside researcher for this advertisement. More information can be received from the TTR website at www.transformationaltechnologyreport.com. Further, specific financial information, filings and disclosures as well as general investor information about publicly listed compa- nies 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 informa- tion 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. The Transformational Technology Report is a trademark of Jonathan Kolber. All other trademarks used in this publication are the property of their respective trademark holders. TTR and Jonathan Kolber are 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 TTR or Jonathan Kolber to any rights in any third-party trademarks.

PDF copy of CLDS pump web page.

 

Disclaimer: I have no position in any stock 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.

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