Starting after the market close last Friday, WallStreetReport.org started sending emails promoting Petroterra Corp (PTRA). The emails continues yesterday (Monday) and today. The emails linked to a video at http://wallstreetreport.org/wrp1/ptsv34332.php and to a landing page promoting PTRA here: http://wallstreetreport.org/wrp1/ptsw34332.php
WallStreetReport.org is a relatively new stock promotion website and I have only been subscribed to them since August. The only other stock they have promoted to me was BLKG, starting on August 11th and continuing off and on until September 3rd.
Petroterra was previously pumped via a different online landing page back in late March of this year. That first landing page is still online and it looks like the new landing page copies many of the elements of the first one. The volume so far this time is much higher than the volume back in March. In July PTRA shares had a 1 for 2.5 reverse split, so the current price of 1.20 is equivalent to a price back in March of $0.48.
Disclosed budget: $150,000
Promoter: WallStreetReports.org / Herwick Ltd.
Paying party: Mass Peak Ltd.
Shares outstanding: 26,888,850
Previous closing price: $1.12
Market capitalization: $30 million
Excerpt from disclaimer:
The Wall Street Report is published by Herwick Ltd. In an effort to enhance public awareness of PetroTerra Corp. (“PTRA”) and its securities through the distribution of this advertisement, Mass Peak Ltd. has provided the publisher with a weekly budget of approximately $150,000 to cover the costs associated with creating, printing and distribution of this advertisement. The publisher will retain any excess sums after expenses as its compensation. The publisher has not undertaken to determine if Mass Peak Ltd. is, or intends to be in the future, directly or indirectly, a PTRA shareholder as it has no meaningful way to verify such facts. Readers should take this into consideration in evaluating bias. The name Chris Porter is a pseudonym for the writer who was paid $5,000 for his/her contributions to the report.
Full disclaimer:
IMPORTANT NOTICE AND DISCLAIMER: This stock profile should be viewed as a paid advertisement. The Wall Street Report is published by Herwick Ltd. In an effort to enhance public awareness of PetroTerra Corp. (“PTRA”) and its securities through the distribution of this advertisement, Mass Peak Ltd. has provided the publisher with a weekly budget of approximately $150,000 to cover the costs associated with creating, printing and distribution of this advertisement. The publisher will retain any excess sums after expenses as its compensation. The publisher has not undertaken to determine if Mass Peak Ltd. is, or intends to be in the future, directly or indirectly, a PTRA shareholder as it has no meaningful way to verify such facts. Readers should take this into consideration in evaluating bias. The name Chris Porter is a pseudonym for the writer who was paid $5,000 for his/her contributions to the report. If successful, this advertisement will increase investor and market awareness, which may result in increased numbers of shareholders owning and trading the common stock of PTRA, increased trading volumes, and possibly increased share price of PTRA’s common stock. This publication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security. This publication, its publisher, and its editor do not purport to provide a complete analysis of any company’s financial position. The publisher and editor are not, and do not purport to be, broker-dealers or registered investment advisors. This publication is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised company’s SEC filings. Investing in securities, particularly micro cap securities such as PTRA, is speculative and carries a high degree of risk. Past performance does not guarantee future results. This publication is based exclusively on information generally available to the public and does not contain any material, non-public information. The information on which it is based is believed to be reliable. Nevertheless, the publisher cannot guarantee the accuracy or completeness of the information. This publication contains forward-looking statements, including statements regarding expected continual growth of the featured company and/or industry. The publisher 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 for the company’s products and services, the ultimate degree of success in the company’s drilling excursions, the company’s ability to fund its capital requirements in the near term and long term, pricing pressures, etc. The Wall Street Report is the publisher’s trademark. All other trademarks used in this publication are the property of their respective trademark holders. The publisher 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 the publisher to any rights in any third-party trademarks.
PDF copy of pump page
Disclaimer: I am short PTRA and may look to short more in the near future. I may also cover my short. I will not update this disclaimer after trading the stock. 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.
Thank you Micheal.