Penny Stock Fraud Info
Friday, January 07, 2005
Nanopierce CEO Paul Metzinger and stock promoters sued
A GREAT research page about the Nanopierce NPCT fraud
“Some information about the public company Nanopierce, its CEO Paul Metzinger and stock promoters. The CEO has been sued by the SEC twice for fraud. He was also sued over missing stock certificates. He was not allowed to practice law in front of the SEC for 36 months. He’s never had a successful company. He went bankrupt. The company stock promoters have been sued by the SEC for fraud in relation to their promotion of npct and other companies. The company stock promoters are currently being sued for fraud by an investor.
October 5, 2004 NPCT announces a deal to go into the business of chicken feed additive with Xact Industries. I tried to check out this PR and new business partner but so far it seems totally false and the new biz partner is as scammy as Paul. The new guy was sued by the US for making false statements. http://www.mary.cc/npct/40.htm
June 15, 2004 NPCT hires a new paid stock promoter Market Pulse. They gave them $100K to release a PR touting a deal NPCT is doing with themselves. http://www.market-pulse.com/disclaimer.php
March 2004 NPCT EXPOSED on CNN WORLD TV show by MAJOR FORBES ANALYST!! http://www.mary.cc/npct/38.htm
January 27, 2004 Purepennies.com and tradersnation.com are now hyping npct. They are paid promoters. Paid promoters = yet another sign of a stock scam. They are promoting it without a disclaimer. ...”
It seem like there are SO many of these scam, why do they get away with this? They get sued, they lose, they file for bankruptcy, they do it again.
Posted by Christine on 01/07 at 03:55 AM in SELL - scammers and spammers, NPCT, Promoters, PurePennies.com, TradersNation.com
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SmallCapReview.com review - VDYI—Voice Diary Inc. SPAM alert
I got a spam for VDYI - Voice Diary Inc. http://www.voicediary.com/ with a link to the 9/14/04 SmallCapReview promo for VDYI.
I tried to find out who SmallCapReview.com is, but the 3 mile long disclaimer (FRAUD ALERT!) only referred to SmallCapsReview.com.
From the Contact link:
“If you have feedback or questions on this website in general, contact . All inquiries will be promptly returned.
If you are a representative of a publicly traded company and would like to inquire about being profiled on the SmallCapReview.com website, you can contact
SmallCapReview.com was founded as a medium to expose companies that might not otherwise disseminate their information to a broad audience of targeted investors.
SmallCapReview.com will strive to bring the reader accurate information on all companies profiled, and in fact will publish no content it knows to be false.”
From the domain private domain registration:
“Registrant: Engle Group
ATTN: SMALLCAPREVIEW.COM
c/o Network Solutions”
Google had nothing on the Engle Group.
Considering their 3 mile long disclaimer, nameless editor and private registration, it sure looks like another scummy promoter. Didn’t find them on Steve Kirsch’s list, but that doesn’t mean that they’re not a bunch crooks with a history of stock fraud.
The accessacct.com SPAM header:
Posted by Christine on 01/07 at 01:58 AM in SELL - scammers and spammers, VDYI, Promoters, SmallCapReview.com
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Thursday, January 06, 2005
GFYO—GFY Food Inc. pumped by Seven Investment—FRAUD ALERT
I received the unsolicited “newsletter” from Seven Investment Group · 370 Amapola Avenue, Ste. 200 · Torrance, CA 90501 - return address
I didn’t see the disclaimer stating that they are paid for the promo, but they disclose:
“We may own, buy and sell any securities mentioned at any time.”
And:
“Please have in mind! that the interpretation of the writer of this newsletter about the news published by the company does not represent the company official statement and in fact may differ from the real meaning of what the news release meant to say. Please read the news release by yourself and judge by yourself about the details in it.
I don’t understand why you’re supposed to do everything “by yourself.”
The SEC filings indicate that President Edward Schwab just awarded himself a 24,000,000 share bonus according to the 1/5/05 filing - guess that’s what he’s pumping now.
There’s also a financial statement on file, with a $5+ million OPERATING LOSS for the period ended 9/30/04 - paid for with, you guessed it, stock. This is a very long statement, I don’t have the time to analyze it. Here’s an intersting bit of info: “The total value of the stock issued to Mr. Schwalb has been booked at $6,170,000.”
The day traders can have fun with this, but based on the “news letter”, the numerous press releases and the PK and OTCBB info, I give GFYO a serious FRAUD ALERT!
Over 131 million shares traded today according to OTCBB.
Pink Sheets info:
Posted by Christine on 01/06 at 09:34 PM in SELL - scammers and spammers, GFYO, Promoters, Seven Investment
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Monday, January 03, 2005
UACP—Uauthorize Corporation - mail returned undeliverable
Oh well, I tried.
-----------------------------------------
Hi. This is the qmail-send program at host254.ipowerweb.com.
I’m afraid I wasn’t able to deliver your message to the following addresses.
This is a permanent error; I’ve given up. Sorry it didn’t work out.
vdeliver: Invalid or unknown virtual user ‘investors’
vdeliver: Invalid or unknown virtual user ‘abuse’
Posted by Christine on 01/03 at 04:50 AM in SELL - scammers and spammers, UACP
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UACP—Uauthorize Corporation - 27 SPAMS for another VoIP and marketer - SELL!
Over the weekend I received 27 e-mails for UACP - Uauthorize Corporation http://www.uauthorize.com/
The product is another Voice over IP - sounds just like the Twister Network scam.
They’ve put out press releases, apparently own a bunch of websites selling crap nobody needs and that’s probably why they’re such accomplished spammers.
http://www.uauthorize.com/business.htm—yup, how did I guess ...
http://www.uauthorize.com/spam.htm—they deny spamming, can’t wait for the result of their investigation and especially the lawsuit: “uAuthorize will not hesitate to pursue whatever legal recourse necessary to enforce these policies.”
They owe me $270 for the spam. Will they pay up?
The FAQ is boilerplate and they haven’t gotten around to replacing specifics such as “A. uAuthorize will hold its next annual shareholders meeting at [time] and [place].”
What a bunch of losers! The only contact info I could find is and —and that’s where I’ll send the copies of this posting.
SELL before the promoters!
Here’s the SPAM:
Posted by Christine on 01/03 at 02:02 AM in SELL - scammers and spammers, UACP
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IOGN—iStorage Inc—SPAM Alert: SELL!
Repost from the fax blog 12/28/04:
I got ** 29 ** SPAMS!
”Investors
For information on becomming an investor please feel free to contact us.
email:
Tel: (603) 293 - 8688
Support
email:
USA Tel: (603) 293 - 8688
International Tel (+44) 1875 833300 “
I couldn’t even find an address at the site. They just started trading on 12/8 and I hope they’ll soon be out of business.
From their recent press release:
“Greg Pelletier, Chief Operating Officer stated, “In order to better serve our existing and new customer base, we are setting up a dedicated support, service and integration operation.” Pelletier further states “iStorage is founded on the principle of making network storage simple, easy and affordable. The key to servicing small to medium business is to provide rapid response to questions or other inquires while assuring timely delivery of customer orders.”
He forgot to mention the principles of illegal promotions and stock fraud.
As usually, when I look at a spammer, I find that all the signs of fraud are present. When a company or their shareholders engage in illegal activities it’s best to stay away from them.
Copy e-mailed to: and
I’m looking forward to receive the “we have NO idea who is spamming ....” reply evidencing their incompetence.
-------------------------------------------------------------
1/3/05: I got no reply.
--------------------------------------------------------------
12/28/04
Does the SEC act faster if more people complain about the spam?
“To:
Subject: IOGN - I got ** 29 ** SPAMS!—Sterling st0ck Report
I’m getting 3 - 5 SPAMS every day! Please do something.
http://www.pinksheets.com/quote/company_profile.jsp?symbol=IOGN
Christine Baker”
According to Pink Sheets, they already have 60,000,000 shares outstanding with another 40,000,000 authorized. And their only “asset” is that they signed a lease?
Posted by Christine on 01/03 at 01:15 AM in SELL - scammers and spammers, IOGN
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Sunday, January 02, 2005
Concorde America—CNDD—the perfect example of stock fraud
Concorde America—CNDD is not just another “pump and dump” scam, the promotions were totally fraudulent.
Please read Steve Kirsch’s Anatomy of a stock fraud for many details about this scam.
At the CNDD website http://www.concordeamericainc.com you’ll find a link to “the business plan and financial statement:”
“… identification, recruitment, qualification, transportation and placement of documented immigrant workers, to be drawn largely from Central and South America, for employment in countries belonging to the European Union, ...”
Europeans reading paragraph 8 and being told that a whole bunch of Americans bought into CNDD would probably laugh so hard they’d choke.
This is as at least as idiotic as forming a company to bring in Mexicans to meet the demand for unskilled labor by American companies. Don’t miss the part about “licensing” fees of $250,000 and the expenses of $524,000 to establish offices. That’s money Lord already blew. Of the $1 million he received for the 100 million shares, he only had $116,000 left on 9/30/04. Is there anything left?
This filing also addresses the promotions, the SEC investigation and
“14. Brokers and Dealers: The Company is aware that more than 40 securities brokerage firms have submitted quotations with respect to the Company’s freely traded shares. No representative of any such entity has informed the Company of its intention to make a market in, or to initiate or submit quotations with respect to, such shares, nor, to the Company’s knowledge, has contacted the Company seeking information on behalf of a customer that owns such shares. Neither the Company nor any affiliate thereof has any association with any of the referenced brokerage firms or any of their representatives.”
I don’t understand why none of the brokers check what’s going on. Obviously, you want to read this entire document if you are a shareholder.
The chart speaks for itself: 1-2-05-6-mo-chart-CNDD.gif
From CNDD President Hartley Lord’s disclaimer:
“Hartley Lord, the Company’s President, stated that:
“While we recognize that analysts and others interested in the European labor market have the right to publish whatever statements they choose about the Company’s business model, we wish to make clear to the investing public that the statements made in the referenced releases have not been authorized by Concorde America, Inc., nor has any Company official provided any of the information contained therein. While we have faith in the plans that are being developed, the Company is in its formative stage, and will need to develop substantial experience in the European marketplace before we are prepared to provide any public information concerning our operational results or expectations. At such time, we will clearly identify any release authorized or issued by the Company.”
...”
Posted by Christine on 01/02 at 09:25 PM in SELL - scammers and spammers, CNDD
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TWTN—Twister Networks, Inc. and president Stephen Dao are named defendants in my suit
When I talked to Twister Networks president Steven Dao he denied knowing anything about the faxes.
Interestingly, Mr. Dao was interviewed by the infamous shysters Tom Heysek and Francis Gaskin in the promo videos posted at the TWTN website and if Stephen Dao knows nothing about the promotions he must not be very bright. I certainly wouldn’t invest in a company run by dimwitted morons.
It is quite likely that the entire company is a scam just like AHFI.
As always, I can only recommend SELLING shares of spamming and junk faxing companies due to the great likelihood of lawsuits like mine by many others - even if they actually are trying to do business.
Once a spammer, always a scammer!
Posted by Christine on 01/02 at 07:08 PM in SELL - scammers and spammers, RYNL fka TWTN
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AHFI—Absolute Health & Fitness trading resumed
AHFI and President Randall Rohm are defendants in my junk fax suit and the NV registered agent for AHFI has been served. Randall Rohm appears to be evading service.
AHFI resumed trading on 12/30/04 after the SEC had halted trading for 15 day due to questions about the ownership of the fitness centers.
Amazingly, millions of shares have been trading—who is buying and WHY?
Posted by Christine on 01/02 at 05:02 PM in SELL - scammers and spammers, AHFI
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