Search Results for: babikian

Some belated updates on John Babikian, Awesome Pennystocks, Jay Fung, Eric Van Nguyen, & Anthony Thompson

I haven’t kept up with John Babikian (evidently the man behind Awesomepennystocks.com, perhaps the most successful stock promoter of its time) for the last couple years as not much has happened with him. But I did notice a few things have happened that I had not recorded on this blog, so here they are. Babikian’s … Continue reading “Some belated updates on John Babikian, Awesome Pennystocks, Jay Fung, Eric Van Nguyen, & Anthony Thompson”

John Babikian update: SEC settles with him, his assets sold off by Revenue Quebec

The SEC settled its lawsuit with John Babikian two weeks ago. This lawsuit, for the promotion and scalping of the stock of America West Resources (defunct now, traded as AWSR then). To the untrained eye, this looks like a tiny slap on the wrist considering all the stock promotions Babikian has run. But the suit … Continue reading “John Babikian update: SEC settles with him, his assets sold off by Revenue Quebec”

Update on SEC v. Babikian

From May 12th, 2014: Filed & Entered: 05/12/2014: Memorandum of Law in Opposition to Motion 37-1 (PDF) 37-2 (PDF) 37-3 (PDF) 37-4 (PDF) 37-5 (PDF) 37-6 (PDF) 37-main (PDF) Many of the exhibits above relate to the troubles Babikian’s shell company Oriwa Villas SA has had selling the 1401 Londonderry property in Los Angeles — the buyer wired … Continue reading “Update on SEC v. Babikian”

A Win in court for John Babikian of Awesomepennystocks

John Babikian of Awesomepennystocks.com won a reduction in the size of the asset freeze against him and also had the writs of attachment against his fractional interest in a NetJets plane, two houses in Los Angeles, and his vineyard vacated. See the document on Scribd: Case 1:14-cv-01740-PAC Document 36-1 Filed 04/30/14 Page 1 of 3 Disclaimer: … Continue reading “A Win in court for John Babikian of Awesomepennystocks”

Where in the world is John Babikian? Probably in the UAE

It is time for another John Babikian update. And as always we must ask, where in the world is he? Lebanon, UAE, and Russia are all possible. My current bet is the UAE (United Arab Emirates). I will explain why below. It turns out that Babikian’s Seychelles shell company Middlebay Trade Ltd. had purchased a … Continue reading “Where in the world is John Babikian? Probably in the UAE”

The End of Awesomepennystocks.com: Eric Van Nguyen says he was betrayed by John Babikian

I apologize for the slowness of this post. Life (and trading) have been quite busy this month. Jean-Francois Cloutier posted a new article about Awesomepennystocks.com / John Babikian on January 7th. Read the article (in French) in the Journal de Montreal. Below is a translation for those who don’t read French. See my prior post … Continue reading “The End of Awesomepennystocks.com: Eric Van Nguyen says he was betrayed by John Babikian”

More on John Babikian: Synopses of three new articles in Journal de Montreal

I will update this post as I complete translations or synopses of the articles. The original articles are in French. 29 November: Une mère monoparentale se souviendra longtemps de Babikian (A single mother will remember Babikian for a long time) 29 November: Une fraude, selon un expert (A fraud, according to an expert) 27 November: Le mystérieux multimillionnaire … Continue reading “More on John Babikian: Synopses of three new articles in Journal de Montreal”

The End of Awesomepennystocks.com: John Babikian flees Canada

A year ago, when Infitialis wrote an article on PRTN on SeekingAlpha, they listed five people as being likely to be behind Awesomepennystocks.com (APS) and its related stock promotion websites. SeekingAlpha was threatened with a libel lawsuit (pdf) so that article was revised and the names were removed. I found a copy of the earlier version … Continue reading “The End of Awesomepennystocks.com: John Babikian flees Canada”

Frelii Inc: Online Landing page and mailer stock promotion

Marijuana stock Frelii (OTC: FRLI) has had a landing page promotion off and on for some months at TheNextBigThing.com (that landing page is currently promoting OTC stock Blue Eagle Lithium (BEAG): https://thenextbigthing.com/2018/11/20/artificial-intelligence-for-your-health-y/). (Check out this page to see all current landing page stock promotions.) On May 13th I became aware of another landing page with … Continue reading “Frelii Inc: Online Landing page and mailer stock promotion”

Former stock promoter Anthony J. Thompson Jr. sentenced to 1 year in jail

I have previously written about the SEC and criminal cases against Jay Fung, Anthony J. Thompson Jr., and Eric Van Nguyen for stock promotions run back in 2010 and 2011. Just last month Thompson was sentenced to 1 year in jail following his guilty plea. The SEC case continues against Thompson and on February 15, … Continue reading “Former stock promoter Anthony J. Thompson Jr. sentenced to 1 year in jail”