LVVV is a Pump and Dump
PennyStockRealist initiates a 1 month price target of .10 or below for $LVVV
How $LVVV was set up to be a Pump and Dump
Went public via S-1 as SEMPER FLOWERS, INC. Feb 11, 2008
Semper Flowers, Inc. was formed as a Nevada corporation on October 9, 2007
Semper Flowers, Inc was incorporated on October 9, 2007. Upon incorporation, the Company had authority to issue 10,000,000 shares of $.0001 par value preferred stock, and 100,000,000 shares of $.0001 par value common stock. On October 9, 2007, the Company issued an aggregate of 2,000,000 shares of common stock, valued at $0.05 per share to an officer of the Company for professional services. On October 9, 2007 the Company issued 423,529 shares of common stock, valued at $0.05 per share, and a common stock purchase warrant to purchase 15% of the fully diluted shares of common stock exercisable at $1.00 per share, to as consideration for legal fees incurred in connection with the preparation of the Company's registration statement. In October 2007, the Company sold 2,510,000 shares in a share offering for a total of $125,500 cash. The shares issued to an Officer of the Company have been valued at $100,000, and were recorded as payroll expense. The shares issued in connection with legal services have been accounted for as legal and professional fees. The issuances of these shares were reflected in the Company's financial statements as of December 31, 2007. No significant equity transactions have been recorded by the Company for the six month period ended June 30, 2009.
On May 15, 2009, Semper Flowerss, Inc. (the "Company") filed a Certificate of Amendment with the Secretary of State of Nevada to amend Article 1 of its Articles of Incorporation in order to change its name "SF Blu Vu, Inc." The name change and symbol change became effective with FINRA on August 17, 2009.
Total share count 4,933,529
Weed & Co. LLP has a written fee agreement to perform legal services until November 30, 2010. Under the fee agreement, Weed & Co. LLP receives a fixed fee of $5,000 per month. Further, Mr. Weed received 100,000 shares of common stock and will receive $1,500 per month for serving as Corporate Secretary.
In December 2009, former management and major stockholder, George Marquez sold 2,000,000 shares (approximately 40%) to Azure Seas Ltd.,
Azure Seas Ltd was involved with GBGI now known as FGLD
Azure Seas Ltd became majority owner of FGLD back in Feb 2010 by purchasing 45,000,000 shares for $35,000 then just like LVVV assigned Ricard O. Weed as sole officer/director of the shell.
In LVVV filings it lists Azure Seas Ltd as Cook Islands entity
However in past filings like this one lists Azure Seas Ltd as a United Kingdom entity.
The only thing certain is that Richard Weed definitely has some kind of connection to them or is running Azure Seas Ltd.
Right before acquiring LiveWire In May 2011, the Company sold 15,000,000 shares of common stock at par value of $0.001 for total proceeds of $15,000. There was no general solicitation, no advertisement, and resale restrictions were imposed by placing a Rule 144 legend on the certificates. The persons who received securities have such knowledge in business and financial matters that he/she/it is capable of evaluating the merits and risks of the transaction. This transaction was exempt from registration under the Securities Act of 1933, based upon Section 4(2) for transactions by the issuer not involving any public offering.
As part of the closing under the Purchase Agreement dated June 24, 2011, pursuant to which the Company acquired 100% of LIVEWIRE MC2, LLC, a California limited liability company, ("LVWR"), the Company issued 30,000,000 shares of its common stock to the 9 selling members of LVWR. There was no general solicitation, no advertisement, and resale restrictions were imposed by placing a Rule 144 legend on the certificates for the securities. The persons that received securities have such knowledge in business and financial matters that he/she/it are capable of evaluating the merits and risks of the transaction. The offer and sale of these securities was made pursuant to the exemption from registration provided by Section 4(2) promulgated under the U.S. Securities Act of 1933, as amended.
5,621,572 shares after that were issued.
Totaling 55,555,101 shares total outstanding.
15,000,000 shares at .001 in shareholders hands was a hint of what was to come.
$LVVV closed today at .282
Those shares are currently valued at $4,230,000
However, insiders can't sell if there is no buyers….. This is why they pay stock promoters to bring in buyers so they can unload their shares.
BullExchange Crew to the Rescue.
The BullExchange crew have a terrible track record that I will go through at end of this report. BullExchange was actually being sued by a company linked to Awesomepennystocks.com for allegedly stealing their email list read about it here . Lawsuit was later dropped because its hard for one criminal to sue another……
Lets take a look at a chart of LVVV see how there was no interest prior to December
Now take a closer look when the interest started……
First emails from BullExchange pumpers hit December 6th 2012
I have received 361 emails on $LVVV since see below
Take a look at the disclaimer from those emails
BullExchange was paid $100,000 dollars to hype up $LVVV so insiders can sell their shares.
Do you want to be part of enriching the insiders? You will be left holding the bag because when they have sold all their shares the emails will stop coming. This will dump very soon like all pump and dumps do.
Past Bullexchange Promotions
$NRBT (formally ECIT when they pumped it in Jan/Feb) their first pump
Investors on $LVVV will most likely get crushed like the past investors did on past BullExchange pump and dumps.
Never Invest in a Pump and Dump!
Disclosure: I am short OTCPK:LVVV.