the OTC .today

August 31, 2011
Today's PUMPs & dumpS

Crowne Ventures Into Negative Territory
On Insider Dumping!

Shareholders of Crowne Ventures (CRWV) who maintained positions into yesterday afternoon became bag holders, as insiders began the wholesale dumping of stock, once it became evident that the share price could not get through the 13 cent resistance level.  Attention immediately turned to our advisory on CRWV of a couple of days ago and yesterday's alert.  The hit count on our website set a new one day record as over 3,200 page views were counted by GOOGLE during the last three hours of trading yesterday.  New subscribers signed up at a record pace as well, as investors new to our website gave us credibility when they discovered that we were the first to call out CRWV for the Pump & Dump scam it actually is.

Our suspicions of fraudulently reported results issued by CRWV were confirmed by one of our readers to whom we are grateful.  His contribution pointed us to some history on the Gallo de Oro property CRWV purportedly acquired from World Investments of Mexico and we were able to dig up some supporting documentation.

The Gallo de Oro property, which underlies CRWV's fraud, was listed for sale by an internationally known real estate agent, representing World Investments of Mexico, who already knew that the property was deficient of any significant gold, as we will show below.  Even if one were to believe the overly optimistic claims made within the sales brochure of 37 grams of gold per ton from trench samplings, it is easy to see that CRWV lied about the amount of gold it had purportedly sampled at 8.3oz per ton (over 200 grams per ton) and that it has its hands on $3 billion of gold.

As indicated by the sales brochure, Stellar Metals, Inc, a Canadian public company which has since changed its name on at least two occasions, explored the property in 1996 and came up with results far short of the preposterous CRWV claims.  On August 7, 1996, Stellar Metals issued a press release announcing the acquisition of the property, "Comprising approximately 1,500 hectares of claims, the property has in the past supported small scale production...".

In a February 12, 1997 press release, Stellar Metals announced its initial exploration results, which included assays ranging from .2 grams of gold per ton to 39 grams of gold per ton, far below CRWV's fraudulent claims.

We have not found any documentation which indicates why Stellar Metals gave up its rights to the Gallo de Oro, but needless to say, had the property been the bonanza claimed by CRWV, it would not have been available to perpetrate the Pump & Dump it is supporting currently.

Since the SEC Enforcement Office and FINRA receive all of our alerts, hopefully the confirmation of this fraud will be enough to finally get their attention.

A new Pump & Dump campaign on Velatel (VELA) is starting today. Recently known as ChinaTel, the company was renamed to coincide with the downgrade of its listing from the Bulletin Boards to the Pink Sheets.  This company is a veritable sinkhole of cash and investor dreams as both the liabilities and the issued and outstanding number of shares increases at alarming rates. The fully diluted number of shares outstanding has grown in the past year from just over 290 million to now over 603 million with 120 million shares created just in the last 2 months.  VELA reported negative revenues this year after booking a profit last year.  The company now has an astounding $242 million in liabilities while having only $166K in the bank.  No wonder there's this Pump & Dump going on.  It's the only way the insiders are ever going to see a pay day.  We would stay far, far away.

After staying relatively quiet for the last several months, Imperial Resources (IPRC) is going to have another go at a Pump & Dump.  This is one of several such schemes that have taken place over the past few years involving companies boasting energy plays in Barnett Shale fields of Texas.  In this particular scam, John Person writes in a paid piece, through TopStockAnalysts.com calling for a baseless, ten fold increase in the share price of IPRC within the next 4 months and a ridiculous move to $7.00 next year.   We like the way he boasts that you can now buy the shares under a buck.  In fact, you can buy them for 30 cents, but don't unless you don't need to put your kids through college and want to delay your retirement.  The despicable Person boasts that he has been quoted on Dow Jones Newswire, Reuters CBS MarketWatch and CNBC.  We'll just call him a liar, as all pimps are, and leave it at that.

Move along folks.  There's nothing to see here.

Since Our Last Alert on August 30, 2011 

TopStockAnalysts.com has been promoting IPRC in conjunction with a new, but repreat Pump & Dump campaign. 

StockMister.com has been promoting VELA in conjunction with a new Pump & Dump campaign. 

BullsEyeStox.com has been promoting PRMK in conjunction with a new Pump & Dump campaign. 

PennyStocksForDummies.com and at least 6 other paid touts have been promoting CRWV in conjunction with an ongoing Pump & Dump campaign. 

StockEgg.com has been promoting LBAS in conjunction with an ongoing Pump & Dump campaign. 

GrowingStockReports.com and at least 3 other paid tout have been promoting GLER in conjunction with a ongoing Pump & Dump campaign. 

PennyStockAlerts.com has been promoting AVIX in conjunction with a ongoing Pump & Dump campaign. 

MinaMarGroup.com has been promoting ZMGD in conjunction with a new, but repeat Pump & Dump campaign. 

StockHideOut.com and at least 2 other paid touts have been promoting GCLL in conjunction with an ongoing Pump & Dump campaign. 

XtremePicks.com and at least 1 other tout have been promoting BRYN in conjunction with an ongoing Pump & Dump campaign. 

WallStreetGrand.com has been promoting ACAR in conjunction with a ongoing Pump & Dump campaign.