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.

2 thoughts on “North American Oil & Gas Corp $NAMG gets a Tobin Smith pump

  1. I find it personally sad is to see penny stocks touted to the public by analysts who are paid by the company.
    Logic would tell you that if they had a very successful product they would use (in this case) the $340k to invest in their business as that is where the return on investors equity lies. This company’s stock appears to have been purchased at 25c or less (chart 11/21/12) or less as that appears to be the first trade, run to $1 and now the advertising boys want the public to buy it at $1 for a 400% rise in a little over 8 months with promises of a further magical rise to $5 soon. Ask yourself who is selling you the stock? Why are their no financial records or links to records, compensation,debt, liabilities, assets…nothing that I could find, do your research and find them before you sink the value of a coffee latte into this company.
    If you decide to buy I hope it works but there is no free lunch!!! People are greedy and that’s just normal but if you were a company Exec and knew that your 400%+ profit would be a 2,000%+ profit in a short time why would you spend $340k convincing the public to take it off their hands now?
    I have no interest other academically and no position long or short and was not paid for my opinion of this stock.
    Ben.

    1. Most of the time, including in this instance, it isn’t the company itself paying for the promotion, but large shareholders. Many times with big pump and dumps like this the company is set up for the sole purpose of being a pump and dump and the shares that insiders are selling into the pump were purchased for under a cent per share.

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