Stock Promotions – Page 5

Samuel DelPresto and how to run big pumps and dumps

I never got around to blogging about this but did follow the case closely and had uploaded the plea agreement and indictment in this case. A good summary of the case is here. So here are the links:

Samuel DelPresto guilty plea agreement (PDF)

From the plea agreement:

If DELPRESTO enters a guilty plea and is sentenced on this charge, and otherwise fully complies with all of the terms of this agreement, this Office will not initiate any further criminal charges against DELPRESTO for his involvement in stock market manipulation schemes between in or about 2007 to in or about 2013 involving the publicly traded stock of the following companies, among others: Kentucky USA Energy, Inc., (“KYUS”); Mesa Energy Holdings, Inc. (“MSEH”); Bioneutral Group, Inc., (“BONU”); Clear-Lite Holdings, Inc., (“CLRH”); NXT Nutritionals Holdings, Inc., (“NXTH”); Empire Post Media, Inc. (“EMPM”); Mustang Alliances, Inc. (“MSTG”); IDO Security, Inc. (“IDOl”); Brainy Brands Co., Inc. (“TBBC”); Premier Brands Inc. (“BRND”); and LTS Nutraceuticals, Inc. (“LTSN”).

That is a very impressive list of pump and dumps.

Charges against Samuel DelPresto (PDF) — For some reason this is not called an indictment but it reads like one. It has a good explanation of how the pumps and dumps worked.

The SEC also filed a civil lawsuit against DelPresto.

Interestingly in light of the recent plea deal by the former head trader at BMA Securities (market maker BMAS on the OTC), the accounts listed for forfeiture include one account at BMA Securities. I have no evidence indicating anyone at BMA Securities was involved with DelPresto.

Disclaimer. I have no position in any stock mentioned above. 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.

Cantabio Pharmaceuticals $CTBO promoted on purported Alzheimer’s cure

A recent low-volume landing page pump and dump is of Cantabio Pharmaceuticals. See landing page here: http://biosciencereport.com/ctbo/main/ctv1.php

ctbo

Disclosed budget: $150,000 per week
Promoter: Biosciencereport.com / KyIne Ltd
Paying party: Ikon Media
Shares outstanding: 26,805,270
Previous closing price: $2.27
Market capitalization: $60 million

Disclaimer (emphasis added by me):

IMPORTANT NOTICE AND DISCLAIMER: This stock profile should be viewed as a paid advertisement. The BioScience Report is published by Kylne Ltd. In an effort to enhance public awareness of Cantabio Pharmaceuticals Inc. (“CTBO”) and its securities through the distribution of this advertisement, Ikon Media 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 Ikon Media is, or intends to be in the future, directly or indirectly, a CTBO shareholder as it has no meaningful way to verify such facts. Readers should take this into consideration in evaluating bias. The name Cooper Stevens is a pseudonym for the editor 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 CTBO, increased trading volumes, and possibly increased share price of CTBO’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 CTBO, 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 gaming apps in the near term and long term, etc. The BioScience 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.

Copy of pump landing page (PDF)

Life Clips $LCLP: The biggest recent landing page pump & dump

With the SEC and DoJ cracking down on illegal stock promotions (it is possible to legally promote a stock but misleading statements and manipulation are more effective) over the last couple years the number of effective pumps has declined tremendously. The number of hard mailer pumps with good volume has decreased from dozens per year to just one last year (Nugene NUGN) and none so far this year.

The only landing page promotion so far this year that has gotten much volume has been Life Clips (LCLP) and it is ongoing. I have been short Life Clips for awhile and it looks to be slowly fading now. The promotion landing page can be found at http://techstockinsider.com/wp-content/landing-pages/sitefiles/index.html and there is also a PDF version of the promotion: http://fliphtml5.com/nueh/ehcc

Life Clips is one of the few pumps actually paid for by the company itself. lclp_chart

Disclosed budget: $150,000
Promoter: Midam Ventures LLC / Techstockinsider.com
Paying party: Life Clips, Inc
Shares outstanding: 53.332.576
Previous closing price: $0.643
Market capitalization: $34 million

Below are a few ads for Life Clips that I have seen.

lclp_ad

Banner ad for LCLP on Ad Choices network on a stock trading website:

LCLP_ad2

LCLP disclaimer:

© 2016 TECHSTOCKINSIDER.COM. ALL RIGHTS RESERVED. PLEASE NOTE WELL: THIS LCLP STOCK REPORT IS A COMMERCIAL ADVERTISEMENT AND IS FOR GENERAL INFORMATION PURPOSES ONLY. WE ARE ENGAGED IN THE BUSINESS OF MARKETING AND ADVERTISING COMPANIES FOR MONETARY COMPENSATION. MIDAM VENTURES, LLC OWNER AND OPERATOR OF TECHSTOCKINSIDER.COM WAS PAID AN ADVERTISING FEE OF $75,000 CASH PER MONTH & ZERO RESTRICTED COMMON SHARES BY LIFE CLIPS, INC. (LCLP) FOR VISUAL SPONSORSHIP OF TECHSTOCKINSIDER.COM AND FOR VISUAL PLACEMENT LIFE CLIPS, INC. (LCLP) WITHIN WRITTEN MATERIALS. FOR A DURATION OF 30 DAYS BEGINNING 5/4/2016. & ENDING 11/3/2016 * PLEASE NOTE WELL: TECHSTOCKINSIDER.COM AND ITS EMPLOYEES ARE NOT A REGISTERED INVESTMENT ADVISOR, BROKER DEALER OR A MEMBER OF ANY ASSOCIATION FOR OTHER RESEARCH PROVIDERS IN ANY JURISDICTION WHATSOEVER AND WE ARE NOT QUALIFIED TO GIVE FINANCIAL ADVICE. TECHSTOCKINSIDER.COM WILL NEVER SELL, TRADE, BARTER, GIVEAWAY AND OR LOAN ANY INFORMATION PROVIDED TO TECHSTOCKINSIDER.COM. BY FILLING OUT THE ABOVE FORM YOU GIVE TECHSTOCKINSIDER.COM EXPLICIT PERMISSION TO CONTACT YOU. * OUR WEBSITE AND NEWSLETTER ARE FOR ENTERTAINMENT PURPOSES ONLY. THIS NEWSLETTER IS NOT A SOURCE OF UNBIASED INFORMATION. NEVER INVEST IN ANY STOCK FEATURED ON OUR SITE OR EMAILS UNLESS YOU CAN AFFORD TO LOSE YOUR ENTIRE INVESTMENT. THE DISCLAIMER IS TO BE READ AND FULLY UNDERSTOOD BEFORE USING OUR SITE, OR JOINING OUR EMAIL LIST. FULL DISCLAIMER CAN BE READ AT

PDF copy of pump.

Disclaimer. I am short LCLP and may close out or add to that position at any time. 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.

SEC Obtains asset freeze of trader who filed false $IDT takeover filing

On April 12th Nauman A. Aly made an SC-13D SEC filing indicating that a group of investors had taken a 5.1% stake in IDT Corp (IDT) and was offering to take over the company at a 65% premium to the then-current stock price. Soon after, a revised filing showed that the group had sold a number of call options and was no longer attempting to take the company over.

The SEC was able to identify the alleged perpetrator of the scheme, who used the same IP address to make the SEC filings as to access his trading account. And prior to the first filing he had bought a large number of short-dated out of the money calls that he quickly sold for $425,000 in profits (on a $18,500 initial investment). The SEC was able to freeze Aly’s brokerage account so the profits could not be withdrawn.

According to the SEC:

At 12:08 p.m., Aly filed a form known as a Schedule 13D on the SEC’s EDGAR system and falsely stated that his group of investors had a 5.1 percent beneficial ownership of IDT and had sent a letter to the board of directors offering to acquire all of the company’s shares for a price that represented a 65 percent premium.

The market reacted quickly to the filing, and IDT’s stock price increased by more than 25 percent in less than 10 minutes.

At 12:18 p.m., Aly sold all of the options for the illicit $425,000 profit. He then filed another Schedule 13D stating that his group of investors no longer owned more than 5 percent of IDT after his options sales.

Aly used the same IP address for the options trades that he used to make the false filings.

Aly’s group of investors never actually owned 5.1 percent of IDT and never contacted IDT to buy all of its shares.

This is not the first time someone has filed a false SEC filing to manipulate the market and it won’t be the last. Aly’s alleged actions were stupidly obvious but the next market manipulator might not be so dumb. Rather than acquiring short-dated out of the money call options, a smarter trader could wait until his false filing spiked the stock before then buying a bunch of short-dated out of the money put options. Still, to generate a significant profit the trade size would have to be large and those large and highly profitable trades would be a huge red flag, particularly if done in an account that has not made many similar trades.

Here is a 1-minute intraday chart of IDT showing the stock’s reaction to the false filings (click to embiggen): 2016-4-12 IDTI 1m fake buyout 13D

As you can see from the little green and red arrows I shorted IDT after it had already dropped most of the way back down. I regret being so slow to react to the false filings.

Disclaimer: I have no position in any stock stock mentioned above. 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.

SEC Suspends trading in NuTech Energy Resources (NERG) due to potentially fraudulent tender offer

Today the SEC suspended trading in NuTech Energy Resources (NERG):

because of questions that have been raised about the accuracy and adequacy of information in the marketplace about the company’s operations and the company’s recent public announcements concerning an unsolicited tender offer.

SEC trading suspension (PDF)
SEC trading suspension order (PDF)

When I first saw the tender offer I immediately concluded that it was almost certainly fraudulent:

nerg_warning

Why was this? Well, a quick look at OTCMarkets.com showed that the company had a total of 42,761,863,781 shares outstanding (42.7 billion shares). The buyout offer was for a price of $0.025 per share, which would value NERG at $1.07 billion. That is an absurd price to pay for a company with total assets of $5.7 million.

These kinds of fake buyout offers on sketchy OTC companies seem to happen one or two times per year. I can’t recall the last time I saw a sketchy OTC buyout offer that actually occurred so my default assumption on these is that they are fraudulent. In the world of OTC stocks, that is a very good assumption. There are occasionally real buyouts of OTC companies but those companies are invariably ones with real businesses with assets in proportion to the buyout price.

nerg_chart

Disclaimer No position in any stock stock mentioned above. 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.

Code Rebel $CDRB SEC suspension: Only 2nd ever SEC suspension of listed stock

On May 5th the SEC suspended trading in Code Rebel (CDRB) for two weeks. The stock will resume trading on May 20th on the grey market. Code Rebel had been promoted multiple times by stock promoters and was most recently promoted on May 2nd. The reason for the trading suspension as given by the SEC:

The Commission temporarily suspended trading in the securities of Code Rebel Corporation because of questions regarding the accuracy of statements in CDRB’s Forms 10-Q for the quarters ended June 30, 2015 and September 30, 2015, and the Form 10-K for the year ending December 31, 2015, concerning the company’s assets and financial condition.

SEC trading suspension (PDF)
SEC trading suspension order (PDF)

What is most interesting is that this is only the second time the SEC has suspended trading in a stock listed on a stock exchange. Normally if the SEC is investigating a listed stock the exchange will halt the stock and then the stock will be suspended by the SEC only after the stock has delisted.

The only other stock to have received an SEC trading suspension while listed on an exchange is Forcefield Energy (FNRG). Of note, there was also a criminal case against individuals involved in FNRG, and in the case of FNRG the Nasdaq had halted trading a day prior to the SEC trading suspension.

cdrb

Disclaimer from most recent email promotion of CDRB: cdrb_pump

SEC Suspends trading in FinestPennyStock pump Broke Out $BRKO

Today, less than two minutes prior to the market open, the SEC suspended trader in Broke Out (BRKO), the current FinestPennystock.com pump that has squeezed shorts like crazy the last two days. The stock will resume trading on April 1st. Likely among those shorts getting squeezed the last couple days is Hunter Adams of The Street Sweeper, which had two negative reports on BRKO and reported being short BRKO in those reports.

I think it likely that this suspension will kill or at least greatly reduce the efficacy of FinestPennystock. AwesomePennystocks was forced to ‘retire’ by SEC trading suspensions on two consecutive pumps and Stocktips.com became much less effective after the May 2014 trading suspension of PGFY. FinestPennyStocks has connections to Awesomepennystocks so this SEC trading suspension is surprising to me only in how long it took since FinestPennystocks started pumping successfully 18 months ago.

SEC suspension press release (PDF)
SEC suspension order (PDF)

From the SEC press release:

The Commission temporarily suspended trading in the securities of BRKO because of concerns regarding the accuracy and adequacy of information in the marketplace and potentially manipulative transactions in BRKO’s common stock.

BRKO

2016-3-17 BRKO 1m

Below are the FinestPennyStocks websites from which I have received BRKO pump emails:

PennyStocksWinner.com
FinestPennyStocks.com
SmartStockChoices.com
Pennystocksforme.com
BestAmericanStocks.com
SmartStockWinners.com
PennyPros.net
SmartstockWinners.com

The prior FinestPennyStocks pump was CLOW which was preceded by EURI.

Anavex Life Sciences $AVXL and the Lincoln Park ATM

Notice: This post has been corrected as of 7pm 2015-10-28 — originally I averaged the past 20 trading day closing prices, rather than the past 10 days. I am sorry for the error.

There is a lot of confusion about how the $50 million funding commitment from Lincoln Park Capital Fund LLC to Anavex Life Scienes (AVXL), and whether this funding is good or bad. To see all the details on the funding, look at the S-3 filing by AVXL to register the shares they will issue. The most important part of the agreement is below:

Under the Purchase Agreement, on any business day selected by us, we may direct Lincoln Park to purchase 50,000 shares of our Common Stock on any such business day. On any day that the closing sale price of our common stock is not below $7.00 the purchase amount may be increased, at our sole discretion, to up to75,000 shares of our common stock per purchase; on any day that the closing sale price of our common stock is not below $9.00 the purchase amount may be increased, at our sole discretion, to up to 100,000 shares of our common stock per purchase and on any day that the closing sale price of our common stock is not below $11.00 the purchase amount may be increased, at our sole discretion, to up to 125,000 shares of our common stock per purchase and on any day that the closing sale price of our common stock is not below $13.00 the purchase amount may be increased, at our sole discretion, to up to 150,000 shares of our common stock per purchase. Such purchases are hereinafter referred to as “Regular Purchases”. In no event shall Lincoln Park purchase more than $2,000,000 worth of our common stock pursuant to a Regular Purchase on any single business day. The purchase price per share for each such Regular Purchase will be equal to the lower of:

the lowest sale price for our common stock on the purchase date of such shares; or

the arithmetic average of the three lowest closing sale prices for our common stock during the 10 consecutive business days ending on the business day immediately preceding the purchase date of such shares.

So while Anavex can decide when and how many shares to force Lincoln Park to buy (up to certain maximum amounts depending on the stock price), the shares come at a price determined by a preexisting formula. What would happen if Anavex were to sell shares to Lincoln Park today? The first price would be $8.72 (today’s low). The closing price for AVXL over the past 10 trading days are as follows:

9.10
8.37
7.65
7.87
8.94
9.02
9.14
8.98
8.40
8.49

The three lowest closing prices are $7.65, $7.87, and $8.37. The average of these prices is $7.96. This is lower than today’s low so Lincoln Park would get the shares $7.96, a 20.4% discount to the current price of $10.00. In other words, Lincoln Park would easily make lots of money selling these shares the next day with essentially no risk.

But what if the stock price is not rising? Let’s assume that the last 10 trading days were all the same and that today had the lowest prices of all of the last 10 days. So I look up the prices on October 23rd and see the low was $6.51. Assuming that day happened today, Lincoln Park would get the shares at $6.51 (and the stock closed that day at $7.65). This is a 14.9% discount to the close and would allow Lincoln Park to again make easy, low risk money by selling the next day. The worst case scenario would be for AVXL stock to slowly fall with little range, in which case Lincoln Park would be able to purchase shares at a small discount to the closing price and likely break even. If the stock has been going up or been going sideways while having a wide range they get stock at such a discount as to almost guarantee a profit.

Disclaimer: No position in any stock mentioned although I will likely trade AVXL after this post is published and I will not update this disclaimer when I do that. 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.

New Wall Street Report pump and dump: Petroterra Corp $PTRA

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

ptra_header_graphic

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

ptra_chart

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.

Portlogic Systems $PGSY promoted via online landing page

This morning I received emails promoting Portlogic Systems (PGSY) for the first time. The emails link to this website: http://breakawaystocks.com/pgsy/

Considering the low budget for this promotion and the poor stock promotion environment currently I doubt it goes up very much and it should make for a good short soon.

Disclosed budget: $200,000
Promoter: Eric Dickson / Breakaway Stocks
Paying party: Aspen Agency Ltd
Shares outstanding: 33,525,784
Previous closing price: $0.87
Market capitalization: $29 million

PGSY_image

pgsy

Excerpt from disclaimer:

Portlogic Systems, (PGSY), the company featured in this issue, appears as paid advertising, paid by Aspen Agency LTD to provide public awareness for PGSY.
…
KP has received and managed a total production budget of up to $200,000 per week for this advertising effort and will retain any amounts over and above the cost of production, copywriting services, mailing and other distribution expenses, as a fee for its services. Breakaway Stocks is paid $5,000 as an editorial fee from KP and also expects to receive new subscriber revenue as a result of this advertising effort.

Full disclaimer (from landing page):

IMPORTANT NOTICE AND DISCLAIMER: This featured company sponsored advertising issue of Breakaway Stocks does not purport to provide an analysis of any company’s financial position,
operations or prospects and this is not to beconstrued as a recommendation by Breakaway Stocks or an offer or solicitation to buy or sell any security. Portlogic Systems, (PGSY), the company featured in this issue, appears as paid advertising, paid by Aspen Agency LTD to provide public awareness for PGSY. Aspen Agency LTD has approved and signed off as “approved for public dissemination” all statements made herein regarding PGSY’s history, assets, technologies, current as well as prospective business operations and industry information. Breakaway Stocks and Kingsborough Publishing (KP) have used outside research and writers using public information to create the advertisement coming from Breakaway Stocks about PGSY. Although the information contained in this advertisement is believed to be reliable, Breakaway Stocks and KP makes no warranties as to the accuracy of any of the content herein and accepts no liability for how readers may choose to utilize the content. Readers should perform their own due-diligence, including consulting with a licensed, qualified investment professional or analyst. Further, readers are strongly urged to independently verify all statements made in this advertisement and perform extensive due diligence on this or any other advertised company. Breakaway Stocks is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. Many states have established rules requiring the approval of a security by a state security administrator. Check with http://www.nasaa.org or call your state security administrator to determine whether a particular security is licensed for sale in your state. Many companies have information filed with state securities regulators and many will supply investors with additional information on request. KP has received and managed a total production budget of up to $200,000 per week for this advertising effort and will retain any amounts over and above the cost of production, copywriting services, mailing and other distribution expenses, as a fee for its services. Breakaway Stocks is paid $5,000 as an editorial fee from KP and also expects to receive new subscriber revenue as a result of this advertising effort. *More information can be received from PGSY’s investor relations firm.Further, specific financial information, filings and disclosures as well as general investor information about publicly traded companies like PGSY, advice to investors and other investor resources are available at the Securities and Exchange Commission website www.sec.gov and www.nasd.com. Any investment should be made only after consulting with a qualified investment advisor and after reviewing the publicly available financial statements of and other information about the company and verifying that the investment is appropriate and suitable. Investing in securities is highly speculative and carries a great deal of risk especially as to new companies with limited operations and no history of earnings. The information contained herein contains forward-looking information within the meaning of section 27a of the Securities Act of 1993, as amended, and section 21e of the Securities Exchange Act of 1934, as amended, including statements regarding expected growth of the featured company. In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act, PGSY 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, the Company’s ability to fund its capital requirements in the near term and in the long term; pricing pressures, technology issues etc.

PDF copy of landing page

Disclaimer: I have no position in PGSY. 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.