If you do not follow me on Twitter I highly suggest doing so — I give many updates and trading ideas there that are never posted on this blog; I tweeted about the GGBL promotion prior to the market open this morning.
On December 1st I received an email from SmallCapFortunes.com promoting Guar Global (GGBL).
Below is an excerpt of the disclaimer from the email:
Small Cap Fortunes has been compensated by Trinity Investment Research up to $10,000 for coverage of GGBL in this Small Cap Fortunes newsletter.
This morning at 8:05 am I received a further email from SmallCapFortunes linking to a promotion page for GGBL at http://www2.smallcapfortunes.com/guar/index.html
Disclosed budget: $1.250.000
Promoter: List Data Solutions and Eric Dickson / Breakaway Stocks
Paying party: Morgan Equity Inc.
Shares outstanding: 59,000,000
Previous closing price: $0.68
Market capitalization: $40 million
Excerpts from disclaimer:
LDS [List Data Solutions] has managed a total production budget of up to $1,250,000 for advertising efforts and will retain any amounts over and above the cost of production, copywriting services, mailing and other distribution expenses, as a fee for its services. Breakaway Stocks is paid $5,000 as an editorial fee from LDS and also expects to receive new subscriber revenue as a result of this advertising effort.
IMPORTANT NOTICE AND DISCLAIMER: This advertising issue of Breakaway Stocks 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 Breakaway Stocks or an offer or solicitation to buy or sell any security. Guar Global, (GGBL), the company featured in this issue, appears as paid advertising by Morgan Equity Inc. to provide public awareness for GGBL. Breakaway Stocks and List Data Solution (LDS) have used outside research and writers using public information to create the advertisement coming from Breakaway Stocks about GGBL. Although the information contained in this advertisement is believed to be reliable, Breakaway Stocks and LDS makes no warranties as to the accuracy of any of the content herein and accepts no liability for how readers may choose to utilize the content. All commodity, stock prices and theoretical projections were current as of the writing of this advertisement. Prices and projections may not be current as of the dissemination of this advertisement. Readers should perform their own due-diligence, including consulting with a licensed, qualified investment professional or analyst. Further, readers are strongly urged to independently verify all statements made in this advertisement and perform extensive due diligence on this or any other advertised company. Breakaway Stocks 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. Many states have established rules requiring the approval of a security by a state security administrator. Check with http://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 information filed with state securities regulators and many will supply investors with additional information on request. LDS has managed a total production budget of up to $1,250,000 for advertising efforts and will retain any amounts over and above the cost of production, copywriting services, mailing and other distribution expenses, as a fee for its services. Breakaway Stocks is paid $5,000 as an editorial fee from LDS and also expects to receive new subscriber revenue as a result of this advertising effort. *More information can be received from GGBL’s investor relations firm. Further, specific financial information, filings and disclosures as well as general investor information about publicly traded companies like GGBL, advice to investors and other investor resources are available at the Securities and Exchange Commission website www.sec.gov and www.nasd.com. Any investment should be made only after consulting with a qualified investment advisor and after reviewing the publicly available financial statements of and other information about the company and verifying that the investment is appropriate and suitable. 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. The information contained herein contains forward-looking Information within the meaning of section 27a of the Securities Act of 1993, as amended, and section 21e of the Securities Exchange Act of 1934, as amended, including statements regarding expected growth of the featured company. In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act, GGBL notes that statements contained herein that look forward in time, which include everything 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 the size and growth of the market, the Company’s ability to fund its capital requirements in the near term and in the long term; pricing pressures, technology issues etc.
PDF copy of promotion website.