IFAN Financial (IFAN) is the new hard mailer pump on the block. It has a low starting price for a hard mailer pump and a high purported budget that is likely overstated, judging by the trading volume in the stock. See the Promotion Stock Secrets article on the IFAN pump. There have also been two negative articles on IFAN on SeekingAlpha. Besides the hard mailer there is also a website landing page promoting IFAN at http://ifanreport.com/
Disclosed budget: $3,500,000
Promoter: Mintefor Investments Ltd and Don McShane
Paying party: ?
Shares outstanding: 79,960,020
Previous closing price: $0.61
Market capitalization: $48 million
Excerpt from disclaimer:
Mintefor Investments LTD paid three million and five hundred thousand dollars to marketing vendors to pay for all the costs of creating and distributing this Advertisement, including printing and postage, in an effort to build investor and market awareness. Don McShane received twelve thousand dollars for this advertising campaign and expects to receive an unknown amount in subscription revenue.
Disclaimer: We are in the business of marketing and advertising companies to generate exposure of them through newsletters for monetary compensation. This is paid advertising and does not purport to provide an analysis of the featured company’s financial position, operations or prospects. Because this advertisement has not been prepared with any one individuals financial condition or investment goals in mind it is not to be construed as a recommendation or solicitation to buy or sell any security. This newsletter nor any of its affiliates are not registered investment advisors or broker dealers. It is advisable to consult a registered investment advisor for advice on your specific investment situation. Mintefor Investments LTD paid three million and five hundred thousand dollars to marketing vendors to pay for all the costs of creating and distributing this Advertisement, including printing and postage, in an effort to build investor and market awareness. Don McShane received twelve thousand dollars for this advertising campaign and expects to receive an unknown amount in subscription revenue. Viewers of this advertisement should understand that trading activity and stock prices in many if not all cases tend to increase during the advertisement campaigns of the profiled company and in many if not all cases tend to decrease thereafter. This tends to create above average volatility and price movements in the profiled company’s stock during the advertisement campaign that viewers should take into consideration at all times. Investing in securities is highly speculative and carries a great deal of risk, especially as to newer companies with comparatively short operating histories and limited earnings. You may lose your entire investment. If you cannot afford to lose your entire investment do NOT invest in penny stocks. This advertisement is based entirely upon information gathered from public information and third party websites. Although the information contained in this advertisement is believed to be reliable, this newsletter makes no warranties as to the accuracy of the content of this advertisement, expressly disclaims and accepts no liability for how readers may choose to utilize the content of this advertisement. Readers are strongly urged to independently verify all statements made in this advertisement and to perform their own due diligence on this or any other advertised company, including but not limited to consulting with a qualified investment professional, reviewing the publicly available financial statements of, and other information about these featured companies and verifying that an investment in that company is appropriate and suitable for you. This advertisement contains forward-looking statements about the featured company its business and prospects. Such forward-looking statements are within the meaning of Section Twenty Seven A of the Securities Act of 1933, as amended, and Section Twenty One E 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 a featured company 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 that could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements.
PDF copy of landing page
[Edit 2014-12-19]: See this article on IFAN on SeekingAlpha. An updated chart is shown below. I no longer have any position in IFAN.