This morning I received an email from Investors Alley (firstname.lastname@example.org) 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.
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.
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.