Great East Energy $GASE pump and dump

Again, my apologies for this delayed posting. One of the earlier public (not in a paid service) mentions of the GASE pump was on Twitter (and I retweeted that) on February 1st:


Disclosed budget: $1,100,000
Promoter: Absolute Media Services / Frank’s Penny Stocks / Frank Baldoria
Paying party: Luxair Contracts Inc
Shares outstanding: 50,827,896
Previous closing price: $0.62
Market capitalization: $31 million


Below is a screenshot of the top of the website.






Excerpt from disclaimer:

Please visit to read our full disclaimer. Absolute Media Services expects to receive up to $1,100,000 USD from its client Luxair Contracts Inc., the third party advertiser for this advertising in an effort to build investor awareness for Great East Energy Inc.

Full disclaimer:

IMPORTANT NOTICE AND DISCLAIMER: Frank’s Penny Stocks is an independent paid circulation newsletter. This paid advertising issue of Frank’s Penny Stocks does not purport to provide an analysis of any company’s financial position or prospects and this is not to be construed as a recommendation by Frank Baldoria and/or Frank’s Penny Stocks and is not in any way to be construed as an offer or solicitation to buy or sell any security. This stock was chosen to be profiled after Frank’s Penny Stocks completed due diligence on the stock. Although the information contained in this advertisement is believed to be reliable, Frank’s Penny Stocks and its editors make no warranties as to the accuracy of the description of any of the content herein and accept no liability for how readers may choose to use it. Frank Baldoria and/or Frank’s Penny Stocks, including any of our principals, officers, directors, partners, agents, or affiliates are not, nor do we represent ourselves to be, registered investment advisors, brokers, or dealers in securities. Readers should independently verify all statements made in this advertisement. Product names, logos, brands, and other trademarks featured or referred to within this email and online report are the property of their respective trademark holders. These trademark holders are not affiliated with Frank’s Penny Stocks. This email and report, and the opinions of those quoted within are for informational and advertising purposes only. Speculation in securities carries a high degree of risk, and investors purchasing speculative investments should be capable of absorbing losses of all of their invested capital. There is no assurance that the featured company will receive additional funding or experience any future development necessary for corporate success. Information contained in this email and online report contains forward-looking 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 the expected continual growth of the market for the company’s products, the company’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur. Past investment performance is not in any way indicative of future investment performance. Readers must consult with registered professional investment, taxation, and portfolio advisors before making an investment decision. This email and report are a solicitation for subscriptions. Great East Energy, Inc. (hereafter GASE), the company featured in this report, appears as paid advertising, paid by Luxair Contracts Inc. (a non-affiliated third-party). GASE has neither approved nor paid for this specific advertisement. Frank’s Penny Stocks received a FIVE thousand dollar editorial fee from Luxair Contracts Inc. to cover editorial costs associated with the development of this email and report. Frank’s Penny Stocks stands to make a profit from the editorial services charged. Frank’s Penny Stocks expects to generate new subscriber revenue, the amount of which is unknown at this time, to its online newsletter through the distribution of this email and online report. Please visit to read our full disclaimer. Absolute Media Services expects to receive up to $1,100,000 USD from its client Luxair Contracts Inc., the third party advertiser for this advertising in an effort to build investor awareness for Great East Energy Inc. This is not intended for readers in any jurisdiction where not permissible under local regulations and investors in those jurisdictions should disregard the content and any information from Frank’s Penny Stocks. Readers and members must also independently verify the blue-sky eligibility of any securities mentioned within this email and report. 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 U.S. Securities and Exchange Commission website at

PDF copy of pump page

Disclaimer: I have no position in GASE. 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.


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