Unlike many pumps I cannot identify with certainty when the pump actually started. And I have been aware of this being an active stock promotion for weeks but did not blog about it out of respect for Tom McCarthy of Prepromotion Stocks who I follow and without whom I would not have learned about NHUR and its stock promotion until recently. The first time I saw Tom mention NHUR was back on March 8th (and he mentioned it in a webinar back in February). He later emphasized the favorable risk/reward profile of buying a breakout in April.
Disclosed budget: $3,000,000
Promoter: BillionaireStocks.com / FinancierTimes.com / PubCapital Inc.
Paying party: Not disclosed
Shares outstanding: 62,449,003 (and 809,400 preferred shares each convertible into 100 common shares)
Previous closing price: $1.60
Market capitalization: $100 million ($229 million after accounting for preferred shares)
Excerpt from Financier Times disclaimer:
A three million dollar investor relations budget is being managed by PubCapital Inc. Any funds leftover [sic] after expenses for research, overhead, advertising and public relations related to Northumberland Resources will be considered profit.
Excerpt from Billionaire Stocks disclaimer:
Compensation: A three million dollar investor relations budget is being managed by PubCapital Inc. Any funds leftover after expenses for research, overhead, advertising and public relations related to Northumberland Resources (NHUR) will be considered profit.
Finacier Times Disclaimer:
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This report/release/advertisement is a commercial advertisement and is for general information purposes only. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. It is possible that a viewers’ entire investment may be lost or impaired due to the speculative nature of the companies profiled. Remember, never invest in any security of a company profiled or discussed on this website unless you can afford to lose your entire investment. Also, investing in small-cap and micro-cap securities is highly speculative and carries an extremely high degree of risk. This newsletter makes no recommendation that the securities of the companies profiled or discussed on this website should be purchased, sold or held by viewers that learn of the profiled companies through our website. Compensation: A three million dollar investor relations budget is being managed by PubCapital Inc. Any funds leftover after expenses for research, overhead, advertising and public relations related to Northumberland Resources (NHUR) will be considered profit. PubCapital Inc and/or entities related to PubCapital Inc hold a large amount of shares in NHUR and intend to sell those shares. Ours and their sales of NHUR common stock will affect the value of your shares (negatively). This should be considered a direct conflict of interest. Please review all investment decisions with a licensed investment advisor.
PDF copy of Financier Times pump page.