Lone Star Gold and Hired Promoters
Hold Hands During Criminal Promotion!
Hold Hands During Criminal Promotion!
Lone Star Gold (LSTG) continues to sanction outright fraud and theft during the current Pump & Dump campaign of their stock, in spite of an interview published on August 27, 2011 by the Vancouver Sun. In that interview, which was then referenced in our alert yesterday, Goldcorp Executive Vice President and General Counsel, David Deisley, adamantly denied that Goldcorp has any interest in taking over the freshlyminted Ponzi scheme and states that the company has filed a complaint with the SEC. Having been caught in a web of lies designed to steal investors money, LSTG insiders continue to pay touts StockCastle.com, WallStreetAdvisors.com and James Connelly of PennyStockProphet.com to disseminate the fraudulent and criminally negligent notion that Goldcorp is about to takeover LSTG. We say it is one thing to promote a stock, but it is cowardly to invoke the name of a reputable firm like Goldcorp in one's schemes. The perpetrators of this fraud belong in prison, but alas we fear that the SEC is too gutless to protect the interests of those who easily fall prey to these vultures. The best we can hope for is that the SEC puts an immediate halt to this scheme. Shame on Lone Star Gold. Shame on StockCastle.com. Shame on WallStreetAdvisors.com. Shame on James Connelly. Shame on the SEC. Shame on the bunch of them!
We continue to call on Goldcorp to issue a press release to further deny these lies. As a public corporation, it is their responsibility to protect the public's interest whenever their name is sullied in connection with such a fraud.
Under the category of "No Kidding", Crowne Ventures (CRWV) released a late night press release disavowing a rumor started by an idiot on InvestorHub.com who proclaimed that major gold producer, Yamana GOLD (AUY), was buying the week old Pump & Dump scheme for $4.00 per share. Although, on the surface, this press release might make CRWV look more honorable than its PnD cousin, LSTG, the fact is that the last thing this scam needs is for a message board moron to be the downfall of its deception. CRWV is quite capable of spinning its own lies, thank you very much, and feels that its preposterous announcement of the discovery, exploration, acquisition, and excavation of a ore body containing almost 10oz of gold per ton of ore, all in 4 days, is enough ridiculousness for the public to swallow for now. CRWV is paying a lot of money for promoters to spread its BS and it would like the suckers ..'er investors to keep their nose out of the promotion business.
We wonder how long it will be before we deliver the ole "We told you so" to future bag holders of LSTG and CRWV, like we are about to give the now admitted bag holders of Pump & Dump scam Greenwood Gold Resources (GGRI). Back in June, we wrote an advisory on GGRI, telling readers that it was easy to see that this was a Pump & Dump scam just by the involvement of attorney and PnD specialist Diane Dalmy. Dalmy, who has never earned an honest buck in her life, has been involved in many a scam and has partnered in several of them with now SEC banned Vancouver attorney, John Briner. We also provided hard evidence to show that the Summer Property, which was being showcased by touts as proof of GGRI's $30 million market cap worthiness, was absolutely worthless. Our entire advisory was given credibility by GGRI's press release of last week in which it announced that it was abandoning the Summer Property. We told you so!
Global Earth Energy, Inc. (GLER) is a mom and pop operation, whose lines of business are all over the place. This is truly a Pink Sheet operation with ADD, trying to decide which business will attract more investors to line the pockets of the insiders. A purportedly "green company", GLER recently announced it is getting into the coal mining business, about as un-green a business as there is. Well today, GLER gets into the Pump & Dump business today, as a campaign is on to find suckers for its unlimited quantities of insider stock.
Our initial investigation found several claims of millions of dollars of funding and asset acquisition over the last couple of years that just don't match up to GLER's balance sheet, so we now feel compelled to produce an advisory examining this company up close. We suggest that you stay away from this scheme until this afternoon, when we air out GLER's dirty laundry on their behalf.
Since Our Last Alert on August 29, 2011
WallStreetGrand.com has been promoting ACAR in conjunction with a new Pump & Dump campaign.
PennyStockScholar.com and at least 3 other paid tout have been promoting GLER in conjunction with a new Pump & Dump campaign.
TopStockAnalysts.com has been promoting LOGL in conjunction with an ongoing Pump & Dump campaign.
PennyStockExplosion.com has been promoting SRPX in conjunction with an ongoing Pump & Dump campaign.
PennyStockAlley.com and at least 8 other paid touts have been promoting CRWV in conjunction with an ongoing Pump & Dump campaign.
StockCastle.com and at least 1 other paid tout have been promoting LSTG in conjunction with an ongoing Pump & Dump campaign.
StockEgg.com has been promoting VPWI in conjunction with a new Pump & Dump campaign.
MarketReturn.us has been promoting APXR in conjunction with a new Pump & Dump campaign.
MovingPennies.com and at least 1 other paid tout have been promoting CNUV in conjunction with an ongoing Pump & Dump campaign.
PennyStocksForDummies.com and at least 1 other paid tout have been promoting TOFS in conjunction with an ongoing Pump & Dump campaign.
PennyPayDay.com has been promoting IWEB in conjunction with an ongoing Pump & Dump campaign.
MarketReturn.us has been promoting PCFG in conjunction with an ongoing Pump & Dump campaign.
MarketReturn.us has been promoting ASPZ in conjunction with an ongoing Pump & Dump campaign.