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The_SEC_Already_Knows

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  • Statements By Pingify's CEO Omit Material Facts [View article]
    but is too busy today to accommodate your request. The BCSC and ASC already issued cease trade orders earlier this week because the US Attorney for British Columbia asked them to look into this matter late last week.
    May 8, 2014. 03:17 PM | Likes Like |Link to Comment
  • Was InterOil's Chairman Engaged In A Conflict Of Interest With Calvin College And The Fuller Fund? [View article]
    Boys, boys, please cease and desist with the flame wars here. You'll all get carpal tunnel.

    I referred this matter over to Brian McVicar, a local reporter in Grand Rapids who is intimately familiar with Calvin College. I suggest the rest of you do the same.

    bmcvicar@mlive.com

    Let him ask the questions since he's probably not permitted to trade issuers he writes about and therefore can be short term unbiased.
    Mar 26, 2013. 06:43 PM | 1 Like Like |Link to Comment
  • U.S. Fed Meeting To Serve As Catalyst For Gold Stocks [View article]
    GOFF is a spam p&d issuer, Mr. Dutta. You should have known that had you done any real due dilligence.
    Mar 20, 2013. 10:25 AM | 4 Likes Like |Link to Comment
  • Macro-pennystock-onomics [View instapost]
    Chris, nice blog.

    Have a few comments and hope you take them constructively.

    1. I'd find someone other than Mr. Sykes to worship and/emulate.
    He likes to lead young men astray.

    2.The majority of victims (bagholders) in penny stock land tend to be either very young/inexperienced or retired/close to retired types looking for one big score (yields on traditionally appealing investments to the retiree crowd are very low). Education levels are also low for the typical "bagholder." HS or lower.

    3. Spam promos without mailers (preferably hard mailers) do not last very long in duration. Hard to generate interest on low budget campaigns (which spam only ones are).

    4. Some discount brokers' 401K plans do permit trading in penny stocks. Know an aged 50 or so victim on the SNPK/PHRG p&d one. $105K el flusho down the toilet.

    Signed,

    Summa Cum Laude Marshall School of Business
    Mar 8, 2013. 01:03 AM | Likes Like |Link to Comment
  • Swingplane Ventures: An Inflated Stock Promotion Balloon That Will Pop [View article]
    Persons who want the Denver FBI office to check into former "execs" may e-mail me in confidence.

    The geologist this firm uses is known as a rent-a-geologist which means for sale or rent to anyone. Previous opinions rendered in this sector resulted in a CTO and charges against several people in Alberta.

    Did investors even bother to check to see what Michel Voyer's day job is? Nope.....
    Feb 21, 2013. 05:26 PM | 1 Like Like |Link to Comment
  • Copper Rally Continues To Give A Buy Signal For These 3 Stocks [View article]
    SWVI is a promo p&d. It was suspended from trading in Berlin last Friday.
    Feb 11, 2013. 06:35 AM | Likes Like |Link to Comment
  • USA Graphite Inc: Set Up For Insider Enrichment? [View article]
    Nice write-up.

    I have taken the liberty to inform certain persons at the SEC that I have reason to believe this is a very well orchestrated pump and dump as well. May I suggest that you and others do the same.

    As far as I can ascertain, all of the spam sites are hosted by an entity known as openpresent.co which has its web server in Berlin. A person named Randal Dimitri (most likely offshore) registered these spam site domain names via Network Solutions and GoDaddy. Several of his spam websites (not assciated with penny stocks) have already been suspended for spam.

    The paying entity behind the spam sites is located in Andorra. $4 million goes a long way.

    On the hijacked hotmail.com and outlook.com e-mail addresses, MSFT typically frowns upon that sort of thing and is usually better at finding the entities who did the hijacking.

    I find it rather curious that the spam started about the same time the "deal" was done for properties associated with NV Mineral Holdings (last known to be owned by Mr. John E. Dhonau).

    The counsel of record, Luke Zouvas, was also counsel of record for BOLD (Eden and DeBlois).

    On another note, I wish to congratulate Seeking Alpha for republishing the revised PRTN piece authored by the Infitiais group.
    Dec 26, 2012. 01:53 AM | 1 Like Like |Link to Comment
  • Feihe: Tainted Future Of A Cashless Cow [View article]
    Is the pretend China short-distort "expert" Alfred Little aka Andrew Wong aka Jon Carnes still touting this issuer like he did last year before it had a precipitous sell-off?

    Just curious, that's all.

    FD: no position in this issuer but your blog piece is thought provoking and I'll review it further this weekend.
    Sep 7, 2012. 09:32 AM | Likes Like |Link to Comment
  • Chimera Energy Part II: Pemex Denies Contract As Fabrications And Lies Continue Deceiving Investors [View article]
    Pamela Long (Corporation Finance in DC) already sent Mr. Grob a a few e-mails (Nov and Dec) with a long list of questions. Mr. Loev was also copied.

    Not sure why there's not been any follow-up. Nice story. Ditto on part 1. Enjoyed the QWTR coverage as well.

    Should anyone have further questions, I suggest they contact Ms. Long at the SEC.
    Aug 27, 2012. 11:09 AM | Likes Like |Link to Comment
  • Silvercorp's Defamation Lawsuit Dismissed, Company Immediately Appeals Decision [View article]
    Mr. Bar:

    Enjoyed your article and concur any negative ramifications of a dismissal are/were already factored into the share price. I am gratified that you took the time to write this article and even more gratified that Silvercorp plans to appeal.

    Long before Enron, WorldCom, Adelphia, Tyco, Global Crossing, and most recently Sino-Forest/Longtop, short-distort was considered a securities violation. You may be too young to recall a certain young daytrader named Mark Simeon Jakob and what he did (short term) to Emulex's share price.

    The young man was charged with securities fraud by both the SEC and Justice Deparment and sentenced to 44 months in federal prison. Yes, in retrospect, ELX at $100 plus in 2000 (it's slightly under $8.00 per share now) was "overpriced" as was its peer sector. That still did not justify what Mr. Jakob chose to do when his ill timed short position was underwater.

    I think if you review that civil/criminal case you will agree that the actions of EOS, Anthion, et al are very similar. They didn't choose the "issuer is overvalued" or "sector is topped out" ethical means of justifying their short/put positions in order to persuade others to sell, wait to invest, or go short.

    Instead they took they chose to hide under anonymous entities and create panic selling along with innuendos that Silvercorp was engaging in securities violations. They also worked the US media who craved another "Sino-Forest" like scenario to "expose." Oh those evil Chinese!

    I wish you the best in your investment and hope you continue publishing on this matter. I disagree strongly with Judge Edmead's decision to dismiss.
    Aug 19, 2012. 01:13 AM | 3 Likes Like |Link to Comment
  • Aggressive Growth Plan Sets Sunpeaks Ventures Up For Bright Future [View article]
    I'd urge extreme caution with this investment for many reasons.

    1. no revenues yet

    2. only 1 full time employee with no history of ever managing a publicly traded firm

    3. tons of paid stock promoters (e-mail spam, mailers, you name it)

    4. per the issuer (PR only, no 8-K, FINRA's already snooping around)

    It's hard to justify a market cap of $470 million for Sunpeaks (SNPK) if you compare it to competitor Schiff Nutrition (WNI) whose market cap is $100 million less (mark to market on April 5th, 2012).

    Schiff's been in business for 70 years. It recently was able to complete a $150 million acquisition (in cash) for a smaller privately held competitor. Revenues grew by 25% in the most recent quarter.

    Short term (1 more trading day, 1 more week, perhaps even 1 more month), SNPK may outperform WNI.

    1 year from now?

    No way will SNPK outperform WNI. Sunpeaks will require considerable new financing going forward. The $200K it recently raised can barely pay the 1 employee's salary, all of the press releases it's issued (30 plus), and the part time CFO's fees (firm in Houston).

    Disclosure: am not short SNPK. Will never trade it long or short. Do not currently have a position in WNI (this includes options).
    Apr 6, 2012. 12:28 PM | Likes Like |Link to Comment
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