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When I sued a number of junk faxers I discovered penny stocks. I read Steve Kirsch's fascinating research about Tom Heysek and the junk faxers, spammers and scammers.

Some people watch mysteries on TV, I'm watching the players in this market, the SEC's and Steve Kirsch's next moves, it's exciting!

Will the criminals go to prison?

Who wins? How?

Since I'm getting an incredible amount of stock spam, I decided to track some of the companies and especially the people who aggravate me. If/when the SEC and attorneys have a look at them, the documenation will be helpful.

How do you make money?

Guangzhou Global Telecom—GZGT - Forbes and Business Week

Davis Freeberg’s outstanding research of Guangzhou Global Telecom (GZGT) and the graphics showing the relationship between Avalon, Global Telcom Holding Ltd, Godels, Solomon, Barber & Co., International Tea Company, Technology Resources Inc., WES Consulting, Contracted Services, Inc, MCG Diversified Inc., Electro Energy, Ivecon, Diane Harrison and Randall Drake:

GZGT: Golden Dragon or Sleeping Snake?

As so often, a group of people will continually manipulate markets and the SEC does nothing. 

And while Davis started his investigation due to email spam, even the “reputable” media is in on it:

… So far, the only mainstream media outlet to pick up on GZGT’s innovative marketing attempts, has been Kiplingers. When the company was first approached, they knew something didn’t look right and took steps to warn their readers. Unfortunately, other business publications seem to be more than willing to sellout. Business Week and Forbes have both agreed to run the ads, regardless of how questionable this might be ethically. I would encourage both publications to take a closer look at GZGT, instead of their advertising revenue, before putting the company in front of their readers. ...

Anything for a buck.


Posted by Christine on 06/11 at 07:44 AM in General

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Links

"Analysis of stock fraud" -- Concorde America -- CNDD
The players: Tom Heysek, Jeremy Jaynes, Bryan Kos, Andrew M. Kline, Dan Hartal, Don Oehmke, Hartley Lord (CNDD), Jere Ross, Richard E. Rutkowski, Chad DeGroot, Tom Martin, Kevin Katz, Paul Spreadbury, Doug Paulson, Howell Woltz, Joehn R. Rooney, Javier A Cuadra

Penny Stock Research

Securities Fraud News
Securities attorneys Shepherd, Smith & Edwards, LLP

Nanopierce CEO Paul Metzinger and stock promoters sued

Hall of Shame: dubious businessmen and regulators

SF Chronicle: "The Internet opens up a new avenue for penny stock fraud"
"Of course, there are a few tales of hidden riches. But for every miracle, there are thousands of losers.

"These people are absolute cannon fodder for this type of manipulation -- they think they are the fox, and others are the chicken," Edmunds said. "When you look at financial markets from a distance, there are many sheep and a few wolves.'"

2005 Junk Fax Suit

Pink Sheets

OTC Bulletin Board