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I like exposing Penny Stock Pump and Dumps. Most of my research is done to help good hard working people avoid being scammed into investing in a pump and dump. Share the reports to show Seeking Alpha they are worth publishing this kind of information to help people avoid losing money in pump and... More
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  • LTCH Is A Pump And Dump. 4 comments
    Dec 6, 2012 7:26 AM | about stocks: MCIG

    LTCH is a Pump and Dump!

    Lets take it all the way to the beginning. LTCH started in the spa industry. See below straight from here investing.businessweek.com/research/stoc...

    Offices located here http://www.regus.com/locations/office-space/california-palo-alto-hamilton-avenue

    Now lets get to the good part.

    In LTCH S-1 filings it shows that there are 25,000,000 shares owned by foreigners see picture below.

    (click to enlarge)

    All Shares are owned at .01 or below. Straight from their S-1 filings

    (click to enlarge)

    Do the math.

    25,000,000 shares purchased for a total of $250,000 . At LTCH current inflated share price of 1.06 those shares are now worth a nice $26,500,000.

    There is only one problem. You can't make money until you sell your shares. If there is no one buying you can't sell.

    Amazing how all of a sudden LTCH has trading volume.

    (click to enlarge)

    Makes you think why all of the sudden so much interest? That's simple. Promotional campaign is underway by a promoter with one of the worse track records! See for yourself here http://www2.smallcapfortunes.com/lifetech11/

    Read it all if you can stomach all the bs. I usually make my way to the bottom, the most important part, the disclaimer.

    (click to enlarge)

    It's the same old story over and over again. The seed shareholders have a boat load of shares at ridiculously low prices. The stock never trades so how can they turn their paper(their shares) into cash? Simple pay a promoter a sum of $600,000 dollars to disseminate over hyped projections for the company in an email campaign.

    CFM handles the budget. Look at all the pump emails I have gotten so far on LTCH

    16 emails in my inbox 50 emails in my spam folder(picture below of spam folder).

    (click to enlarge)

    How will the LTCH story play out?

    Just like the rest of their promotions. Suckers who buy LTCH lose and the insiders laugh all the way to the bank.

    Interested in some of their past promotions?

    (Charts below its pretty evident where the promotion began by looking at the volume.)

    Here are some

    $NECA $2,100,000 budget http://www2.smallcapfortunes.com/neca/

    Insiders win, Suckers lose.

    (click to enlarge)

    $AEDC $1,700,000 budget http://www2.smallcapfortunes.com/aedc/index.html

    (click to enlarge)

    STNT $1,275,000 budget http://www2.smallcapfortunes.com/stnt/

    (click to enlarge)

    LTCH $600,000 budget http://www2.smallcapfortunes.com/lifetech11/

    Will you be the sucker the insiders are looking to sell to? I hope not because LTCH will most likely follow the pattern of their other pumps. They will eventually dump.

    (click to enlarge)

    DO NOT GO DOWN WITH THE SHIP. DO NOT INVEST IN PUMP AND DUMPS!

    Disclosure: I am short LTCH.OB.

    Stocks: MCIG
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Comments (4)
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  • Randal2424
    , contributor
    Comment (1) | Send Message
     
    Thank you for your comments and insights. You've covered your position well. It's sad though to continue to see these types of scams hurting an otherwise very promising start up industry of competent professionals who are doing their best to devise technologies which condensate water vapor.
    Randal Moos
    Atmospheric Water Systems, Inc.
    6 Dec 2012, 02:49 PM Reply Like
  • Penny Stock Realist
    , contributor
    Comments (422) | Send Message
     
    Author’s reply » Yup it is sad. I do this because I know the average hardworking person is the one that usually gets hurt by these pump and dump scams. Most of the time they are looking to make a little extra money for their families and their naiveté leads them to believing these overhyped pump and dump schemes. If you ever get a mailer touting a stock always be sure to read disclaimer first. There is a reason why they are sending to people and its usually not for your benefit.

     

    Hope this helps people from losing money.
    6 Dec 2012, 03:40 PM Reply Like
  • cobdev
    , contributor
    Comment (1) | Send Message
     
    Well done,to the point and i think you saved me a few quid.Keep up the good work. COB London
    10 Dec 2012, 02:41 PM Reply Like
  • Penny Stock Realist
    , contributor
    Comments (422) | Send Message
     
    Author’s reply » No problem I am glad to have helped. Spread the articles/ or write Seeking Alpha, so Seeking Alpha sees that their members appreciate truth. If the articles get published it gets posted to the news section for the ticker in Yahoo Finance. This could help 1,000's from being scammed into investing into Pump and Dumps.
    10 Dec 2012, 03:06 PM Reply Like
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