Blue Eagle Lithium (BEAG) is the newest mailer pump & dump

Blue Eagle Lithium is reportedly being promoted via a mailer (at least according to two posters on Investorshub). There is also a corresponding online landing page (https://independentlivingnews.com/LithiumProfits/). It had already been promoted off and on via a landing page that had also promoted FRLI and YVR (https://thenextbigthing.com/2018/02/08/is-this-changing-the-game-in-tech/). To keep up with landing page promotions, I suggest frequently visiting the OTC Market Research Landing Page tracker page.

Screenshot from promotion page:

Disclosed budget: $1,345,452
Promoter:  Off-Grid Confidential
Paying party:  Pinnacle Media Ltd.
Shares outstanding:  76,483,855
Free float: 35,000,000
Previous closing price: $1.34
Market capitalization: $102 million

Daily stock chart:

Unfortunately, while BEAG has not been tagged with the Caveat Emptor by OTCMarkets, it is blocked from trading by my main broker, Interactive Brokers (likely because of the stock promotion and the fact that it is a shell). If it weren’t, I would be short already and looking to profit from the coming dump.

Landing page disclosure:

IMPORTANT NOTICE AND DISCLAIMER: All investments are subject to risk, which must be considered on an individual basis before making any investment decision. Off-Grid Confidential is an investment newsletter which is also being advertised herein. This paid advertisement includes a stock profile of Blue Eagle Lithium Inc., (BEAG). This paid advertisement is intended solely for information and educational purposes and is not to be construed under any circumstances as an offer to buy or sell, or as a solicitation to buy or sell, any securities. In an effort to enhance public awareness of Blue Eagle Lithium Inc. and its securities, Pinnacle Media Ltd. (Payor) provided advertising agencies with a total budget of approximately one million, three hundred forty-five thousand, four hundred fifty two dollars to date to cover the costs associated with creating, printing and distribution of this advertisement. Blue Eagle Lithium Inc. was chosen to be profiled in this advertisement after Off-Grid Confidential conducted an investigation of the company and its management. Off-Grid Confidential was paid thirty five thousand dollars as a research fee and two thousand, two hundred thirty dollars in travel expenses. In addition, Off-Grid Confidential may receive subscription revenue in the future from new subscribers as a result of this advertisement. The advertising agencies will retain any excess sums after all expenses are paid. As of the date these materials are disseminated, neither the advertising agencies nor Off-Grid Confidential nor any of their respective officers, principals or affiliates (as defined in the Securities Act of 1933, as amended, and Rule 501(b) promulgated thereunder) own or beneficially own any securities of Blue Eagle Lithium Inc. Neither the advertising agencies nor Off-Grid Confidential or any of their respective officers, principals or affiliates will purchase or receive any securities of Blue Eagle Lithium Inc. for a period of ninety (90) days following the date this advertising campaign is concluded. The Payor has represented in writing to Off-Grid Confidential and the advertising agencies that neither the Payor nor any of its officers, directors, principals or affiliates (as defined in the Securities Act of 1933, as amended, and Rule 501(b) promulgated thereunder) owns or beneficially owns, and that they are not acting on behalf of any person who owns or beneficially owns, any securities of Blue Eagle Lithium Inc. or will purchase or receive any securities of Blue Eagle Lithium Inc. for a period of ninety (90) days following the conclusion of this advertising campaign. If successful, this advertisement will increase investor and market awareness, which may result in an increased number of shareholders owning and trading the securities of Blue Eagle Lithium Inc., increased trading volume, and possibly an increased share price of Blue Eagle Lithium Inc. securities, which may be temporary. This advertisement, the advertising agencies and Off-Grid Confidential do not purport to provide a complete analysis of Blue Eagle Lithium Inc.’s financial position. They are not, and do not purport to be, broker-dealers or registered investment advisors. This advertisement 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 publicly-available information about Blue Eagle Lithium Inc. and its industry. Further, readers are specifically urged to read and carefully consider the Risk Factors identified and discussed in Blue Eagle Lithium Inc.’s SEC filings. Investing in micro cap securities such as Blue Eagle Lithium Inc. is speculative and carries a high degree of risk. Past performance does not guarantee future results. This advertisement 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 advertising agencies and Off-Grid Confidential cannot guarantee the accuracy or completeness of the information and are not responsible for any errors or omissions. This advertisement contains forward-looking statements, including statements regarding expected continual growth of Blue Eagle Lithium Inc. The advertising agencies and Off-Grid Confidential note that statements contained herein that look forward in time, which include everything other than historical information, involve risks and uncertainties that may affect Blue Eagle Lithium Inc.’s actual results of operations. Factors that could cause actual results to differ include the size and growth of the market for Blue Eagle Lithium Inc.’s products and/or services, the company’s ability to fund its capital requirements in the near term and long term, pricing pressures, etc. Off-Grid Confidential is the publisher’s trademark. All trademarks used in this advertisement other than Off-Grid Confidential are the property of their respective trademark holders and no endorsement by such owners of the contents of this advertisement is made or implied. The advertising agencies and Off-Grid Confidential are not affiliated, connected, or associated with, and are not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made to any rights in any third-party trademarks.

Disclaimer: I have no position in BEAG. I have no relationship with any parties mentioned above except that I am a paying subscriber to OTCMarket Research. 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.

3 thoughts on “Blue Eagle Lithium (BEAG) is the newest mailer pump & dump”

  1. The SEC suspended trading in BEAG on July 1st. See https://www.sec.gov/litigation/suspensions/2019/34-86271.pdf

    “The Commission temporarily suspended trading in the securities of BEAG because of questions regarding (i) the accuracy and adequacy of publicly available information in the marketplace, since at least May 22, 2019, about the company, including statements in online promotional materials regarding analyst findings and the extent of the company’s mining claims; and (ii) recent unusual unexplained market activity in Blue Eagle Lithium, Inc.’s common stock”

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