I apologize for my slowness in posting about this pump. It was first mentioned on Twitter by TMcNasty as a hard mailer stock promotion on November 13th. All the pictures of the mailer in this post are ones that TMcNasty posted to Twitter.
$VEND disclaimer pic.twitter.com/eWEXfpjZE1
— TMcNasty (@TMcNasty) November 13, 2013
Disclosed budget: $1,300,000
Promoter: Wall Street Revelator / Andy and Lynn Carpenter
Paying party: Brown Dog Marketing Inc
Shares outstanding: 18,382,852
Previous closing price: $2.70
Market capitalization: $49 million
Excerpt from disclaimer:
The Wall Street Revelator and/or its publisher, Andrew & Lynn Carpenter, dba The Wall Street Revelator has received a total amount of Seventeen thousand five hundred dollars in cash compensation to assist in the writing of this Advertisement …
Brown Dog Marketing, Inc. paid one million three hundred thousand dollars to marketing vendors to pay for all the costs of creating and distributing this Advertisement …
Oddly enough the volume on VEND did not start until a couple days after the mailers started hitting:
Disclaimer: I have no position in any stock mentioned and I have no relationship with any parties mentioned above. I was short VEND and lost a bunch of money when my short was bought in by Interactive Brokers yesterday. 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.
http://promotionstocksecrets.com/green-4-media-inc-geem-stock-research-report/ Good report on VEND.
Sorry about the buyin. Sucks.
Buyins are an unfortunate fact of life. Without them there would be almost no risk to shorting pump & dumps.