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Fortress Financial Group (fka FFGO)

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  JimGWD     Share   Monday, February 20, 2012 12:13:28 PM 
Re: None     Post #  of 195165   

Completed Investigation from the FBI #6

Principal of Offshore Brokerage Firm and Las Vegas Stock Promoter Convicted in Miami for $7 Million Stock Manipulation Scam
U.S. Department of Justice February 01, 2012

Office of Public Affairs (202) 514-2007/ (202) 514-1888

WASHINGTON—The principal of a Costa Rican brokerage firm and a Las Vegas stock promoter were each convicted yesterday in the Southern District of Florida of all charges for their roles in a stock manipulation scheme that defrauded investors, announced Assistant Attorney General Lanny A. Breuer of the Justice Department’s Criminal Division, U.S. Attorney Wifredo A. Ferrer of the Southern District of Florida, Chief Postal Inspector Guy Cottrell of the U.S. Postal Inspection Service (USPIS) and James W. McJunkin, Assistant Director in Charge of the FBI’s Washington Field Office.

Jonathan Curshen, 47, the principal of Red Sea Management and Sentry Global Securities, two companies located in San Jose, Costa Rica, that provided offshore accounts and facilitated trading in penny stocks, was found guilty of conspiracy to commit securities fraud, wire fraud, and mail fraud; two counts of mail fraud; and conspiracy to commit international money laundering. Nathan Montgomery, 30, a Las Vegas stock promoter, was found guilty of conspiring to commit securities fraud and wire fraud.

The evidence at trial showed that in January and February 2007, Curshen, of Costa Rica and Sarasota, Fla., and Montgomery, of Las Vegas, were involved in a scheme to illegally manipulate the stock price of a company called CO2 Tech (ticker CTTD), which traded on the Pink Sheets, an inter-dealer electronic quotation and trading system.

Evidence at trial showed that Curshen’s and Montgomery’s co-conspirators controlled the outstanding shares of CO2 Tech, which were used in the stock manipulation scheme. Montgomery and his conspirators engaged in coordinated trades in conjunction with the issuance of false and misleading press releases that were designed to artificially inflate the price of CO2 Tech shares to make it appear that it had significant business prospects. According to these press releases, CO2 Tech purported to have a business relationship with Boeing to reduce polluting gases emitted from airplanes, when in fact CO2 Tech never had any business or relationship with Boeing.

According to the evidence at trial, Montgomery and his co-conspirators, Robert Weidenbaum, Timothy Barham Jr., Ryan Reynolds and others fraudulently “pumped” the market price and demand for CO2 Tech stock through these press releases and coordinated trades of shares of CO2 Tech stock in order to create the appearance of legitimate buying interest by legitimate investors. The evidence showed that as Montgomery and his conspirators pumped the price of the stock, Curshen and his conspirators facilitated the “dumping” of shares through the trading desk at Red Sea and Sentry Global Securities by selling the shares at the direction of their conspirators to the general investing public. The evidence showed that these shares, which became virtually worthless, were purchased by unsuspecting investors, including investors in the Southern District of Florida. The evidence showed that Montgomery, Weidenbaum, Reynolds and Barham were paid approximately $1 million in cash by their conspirators to participate in sham stock trades of CO2 Tech. The cash was delivered to Miami via a private jet from an airport outside New York.

The evidence further showed that, from approximately 2003 through 2008, Curshen operated Red Sea as a money laundering hub in Costa Rica that established bank accounts and brokerage accounts in the United States and Canada under false pretenses and through nominee owners. The evidence further showed that Curshen and his co-conspirators laundered the proceeds of the stock fraud from accounts in the United States to an account in Canada, all in an effort to conceal and disguise the nature and source of the proceeds.

At sentencing, Curshen faces a sentence of up to five years in prison on the conspiracy to defraud count, and up to 20 years on each count of mail fraud and money laundering conspiracy. Montgomery faces a sentence of up to five years for the conspiracy to defraud count. The defendants are scheduled to be sentenced by Judge Richard W. Goldberg on May 11, 2012.

Stock promoters Weidenbaum, Barham, and Reynolds, who were also charged in this case, previously pleaded guilty to conspiring to commit securities fraud, wire fraud and mail fraud. They also will be sentenced by Judge Goldberg on May 9, 2012. Michael Simon Krome, a securities attorney from New York, who participated in the conspiracy and evaded federal securities registration requirements in order to provide co-conspirators with millions of unregistered and “free trading” shares of CO2 Tech that were used to execute the stock manipulation, also pleaded guilty to conspiring to commit securities fraud, mail fraud, and wire fraud.

The case was investigated by the FBI’s Washington Field Office and the USPIS. The case is being prosecuted by Trial Attorneys N. Nathan Dimock and Rina Tucker Harris of the Fraud Section in the Justice Department’s Criminal Division. The U.S. Attorney’s Office for the Southern District of Florida provided significant assistance in this case. The Department of Justice acknowledges the significant assistance of the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC) in its investigation. The SEC has a pending parallel civil case. The Criminal Division’s Office of International Affairs and Costa Rican authorities also provided assistance.

This prosecution is part of efforts under way by the Financial Fraud Enforcement Task Force. President Obama established the interagency Financial Fraud Enforcement Task Force to wage an aggressive, coordinated, and proactive effort to investigate and prosecute financial crimes. The task force includes representatives from a broad range of federal agencies, regulatory authorities, inspectors general, and state and local law enforcement who, working together, bring to bear a powerful array of criminal and civil enforcement resources. The task force is working to improve efforts across the federal executive branch, and with state and local partners, to investigate and prosecute significant financial crimes, ensure just and effective punishment for those who perpetrate financial crimes, combat discrimination in the lending and financial markets, and recover proceeds for victims of financial crimes.

  JimGWD     Share   Monday, February 20, 2012 12:15:09 PM 
Re: None     Post #  of 195166   

Completed Investigation from the FBI #7


Five Indicted for Devising and Participating in Multi-Million Dollar Stock Manipulation
Defendant Co-conspirators Allegedly Profited in Excess of $41 Million in Illegal Securities "Pump and Dump Scheme"
U.S. Attorney’s Office February 10, 2009

Northern District of Oklahoma (918) 382-2700

Acting Assistant Attorney General Rita M. Glavin of the Department of Justice’s Criminal Division and United States Attorney David E. O’Meilia for the Northern District of Oklahoma today announced the unsealing of a twenty-four (24) count indictment, returned by a federal grand jury in Tulsa, Oklahoma on January 15, 2009, charging five individuals with various crimes arising from their alleged scheme to defraud investors that reaped defendants in excess of $41 million through manipulating the publicly traded stocks of three companies. Two companies based in Tulsa, Oklahoma at the time of the alleged scheme were among those whose stock was manipulated: Deep Rock Oil & Gas, Inc. and Global Beverage Solutions, Inc., formerly known as Pacific Peak Investments. The third company, National Storm Management Group, Inc., has its principal place of business in Glen Ellyn, Illinois.

G. David Gordon, 47, a Tulsa attorney, and Richard Clark, 61, also of Tulsa, were arrested today and are will make their initial appearances this afternoon in the U.S. District Court for the Northern District of Oklahoma. Louisville, Ky., attorney James Reskin, 50, was also arrested today and is being scheduled to make his initial appearance in the U.S. District Court for the Western District of Kentucky. Dean Sheptycki, 41, a resident of the Bahamas, was arrested this morning by Bahamian authorities and currently awaits extradition to the United States. The indictment also charges Dallas-area resident Joshua Wayne Lankford, 35. Lankford’s current location is unknown, and law enforcement officials are seeking him as a fugitive.

In a related action, the Securities and Exchange Commission today filed a civil enforcement action in the Northern District of Oklahoma against Gordon, Lankford, and Sheptycki. That civil case number is 09-CV-061.

The grand jury indictment alleges that between April 2004 and December 2006, the defendants devised and engaged in a scheme to defraud investors known as a “pump and dump” in which they manipulated three publicly traded “A penny stocks,” that is, common stocks that trade for less than $5 per share in the over-the-counter market, rather than on national exchanges. According to the indictment, the defendants executed the scheme by obtaining a majority of the free trading shares of stock of the company they intended to manipulate, using fraudulent and deceptive means to acquire the stock and/or remove the trading restrictions on the shares they obtained.

As charged, the defendants hid and “parked” their shares with various nominees, such as friends, relatives, or other entities that they owned and controlled. Subsequently, they engaged in coordinated trading in order to create the appearance of an emerging market for these stocks, after which they conducted massive promotional campaigns in which unsolicited fax and email “blasts” were sent to millions of recipients. These blasts touted the respective stocks without accurately disclosing who was paying for the promotions, omitted that the defendants intended to sell their shares, and induced unsuspecting legitimate investors to purchase stock in the companies. The defendants and their nominees took significant profits by selling large amounts of shares after they had artificially inflated the stock price. For each of the three manipulated stocks, the defendants’ sell-off caused declines of the stock price and left legitimate investors holding stock of significantly reduced value.

The indictment charges all five defendants with one count of conspiracy to commit securities fraud, wire fraud, and money laundering, nine counts of wire fraud, five counts of securities fraud, and six counts of money laundering in connection with the manipulation of three penny stocks. Gordon is also charged with one count of making a false statement in a matter within the jurisdiction of the Securities and Exchange Commission regarding the scheme to defraud. Additionally, the indictment charges Gordon with one count of wire fraud in connection with a fourth penny stock, that of New Jersey-based International Power Group, Ltd., and one count of obstruction of justice of an investigation into that alleged wire fraud violation.

According to the indictment, the defendants profited over $41 million from the overall scheme, and therefore, the indictment also seeks criminal forfeiture of $41.4 million from all five defendants in connection with the three penny stocks. Additionally, the indictment seeks criminal forfeiture of $2.74 million from Gordon in connection with the wire fraud involving the fourth penny stock.

A Grand Jury indictment is one method of charging defendants with alleged violations of federal law, and all defendants are presumed innocent unless and until the charges are proved beyond a reasonable doubt in a court of law.

If convicted, the conspiracy and false statement charges each carry a maximum sentence of 5 years in prison and a $250,000 fine. Each charge of wire fraud, as well as the obstruction of justice count, carries a maximum sentence of 20 years in prison and a $250,000 fine. The maximum sentence for each securities fraud count is 20 years in prison and a $5,000,000 fine, and the maximum sentence for each money laundering count is 10 years in prison and a $250,000 fine.

On July 22, 2008, Mark Byron Lindberg, age 40, of the Dallas, Texas area, pled guilty to a conspiracy alleging the same wire and securities fraud scheme and agreed to a $6,229,354 forfeiture money judgment for his participation in the scheme that bilked investors across the nation out of millions of dollars. Lindberg admitted that he and other unnamed co-conspirators attempted to illegally manipulate the stock price of various companies through a number of means including: acquiring a substantial amount of free trading shares of stock in the companies that were concealed in various brokerage accounts; creating and distributing to the public false and misleading promotional materials; and engaging in coordinated trading of stock in order to manipulate the price of the stocks being traded, including selling their stock while at the same time encouraging the public to buy.

U.S. Attorney O’Meilia stated: A Investors engaged in the purchase or sale of publicly traded stocks rely upon the integrity of securities markets to ensure that they receive a fair price and opportunity for potential profit, based upon accurate information and the free operation of principles of supply-and-demand. Congress and regulatory agencies have established a comprehensive and complex system of oversight and regulation to attempt to insure the fairness and integrity of these markets. ’Pump and dump’ schemes hurt more than the immediate victims who bought the stock and lost their money B such fraudulent activities undermine investor confidence in the markets."

Fort Worth Division United States Postal Inspector-in-Charge Randall C. Till said: “The public has a right to believe that representations made to them, whether through U.S. Mail, fax or email, are true and accurate. Since the Mail Fraud statute was enacted by Congress in 1872, U.S. Postal Inspectors have been investigating alleged criminals just like the five defendants announced today who are charged with using the U.S. Mail and other communications means to perpetrate frauds against American consumers.”

The case is being prosecuted by Trial Attorney Andrew Warren of the Criminal Division’s Fraud Section, Assistant United States Attorney Catherine Depew for the Northern District of Oklahoma, and Special Assistant United States Attorney Kevin Muhlendorf, who is detailed to the U.S. Attorney’s Office from the Securities and Exchange Commission. The case is being investigated by the F.B.I., the I.R.S. Criminal Investigation Division, and the U.S. Postal Inspection Service.

  JimGWD     Share   Monday, February 20, 2012 12:16:36 PM 
Re: None     Post #  of 195167   

Completed Investigation from the FBI #8

Stock Promoters Indicted for Conspiracy in Stock Manipulation Scheme
U.S. Department of Justice May 02, 2011

Office of Public Affairs (202) 514-2007/ (202) 514-1888

WASHINGTON—Three stock promoters have been indicted for their roles in a stock manipulation scheme that defrauded investors, announced Assistant Attorney General Lanny A. Breuer of the Criminal Division, U.S. Attorney Wifredo A. Ferrer of the Southern District of Florida, Chief Postal Inspector Guy Cottrell of the U.S. Postal Inspection Service (USPIS) and James W. McJunkin, Assistant Director in Charge of the FBI’s Washington Field Office.

Timothy Barham Jr., 43, of Henderson, Tenn.; Nathan Montgomery, 30, of Henderson, Nev.; and Ryan Reynolds, 39, of Dallas, were each charged in a superseding indictment filed on April 28, 2011, in U.S. District Court for the Southern District of Florida. On April 29, 2011, Barham was arrested in Henderson, Tenn., and Montgomery was arrested in Las Vegas. Reynolds, who was in custody on previously filed civil charges, made his initial appearance today in U.S. District Court in Dallas.

The superseding indictment charges Barham, Montgomery, and Reynolds each with one count of conspiracy to commit securities fraud, wire fraud, and mail fraud. The superseding indictment also charges six individuals who were originally indicted in February 2010 for their roles in the fraud scheme: Jonathan Randall Curshen, 46, of Sarasota, Fla.; Michael Simon Krome, 49, Long Island, N.Y.; Ronald Salazar Morales, aka “Ronny Salazar,” 39, of Costa Rica; Robert Lloyd Weidenbaum, 44, of Miami; and Eric Ariav Weinbaum, 37, and Izhack Zigdon, 47, both of Israel.

According to the superseding indictment, Curshen was the principal behind Red Sea Management and Sentry Global Securities, two companies located in San Jose, Costa Rica, that provided offshore accounts and facilitated trading in penny stocks. The superseding indictment alleges that Weinbaum and Zigdon took control of the outstanding shares of a company called CO2 Tech (ticker CTTD), which traded in the over-the-counter market through listings on Pink Sheets, an inter-dealer electronic quotation and trading system. Weinbaum and Zigdon allegedly obtained the shares by retaining Krome, a securities attorney. Krome allegedly evaded federal securities registration requirements in order to provide co-conspirators with millions of unregistered and “free-trading” shares of CO2 Tech that the co-conspirators could not have otherwise legally obtained.

The superseding indictment alleges that the shares were subsequently sold to the general investing public by Weinbaum, Zigdon, Curshen, and Salazar, a Sentry Global stock trader, through Sentry Global’s stock trading floor. According to court documents, the defendants concealed from the investing public the actual financial condition and business operations of CO2 Tech by evading the registration requirements. The superseding indictment also alleges that Weidenbaum, Reynolds, Montgomery, and Barham coordinated trades by purchasing shares of CO2 Tech on the open market from Curshen, Weinbaum, and Salazar. Weidenbaum was allegedly paid approximately $1 million by Weinbaum and Zigdon to participate in sham stock trades of CO2 Tech to make it appear that there were genuine investors in the market that were buying the shares.

As alleged in the superseding indictment, coordinated trades were often made between the co-conspirators in conjunction with the issuance of false and misleading press releases that were designed to make CO2 Tech appear that it had significant business prospects. According to these press releases, CO2 Tech purported to have a business relationship with Boeing to reduce polluting gases emitted from airplanes. The superseding indictment alleges that these relationships never existed.

After fraudulently “pumping” the market price and demand for CO2 Tech stock through these press releases and coordinated trades, Weinbaum, Curshen, Salazar, Reynolds, Montgomery and Barham allegedly “dumped” shares by selling them for large profits to the general investing public in the over-the-counter market through listings on Pink Sheets. These shares were allegedly purchased by unsuspecting investors, including in the Southern District of Florida, and were often rendered virtually worthless.

The superseding indictment further alleges that Curshen and Salazar engaged in a conspiracy to commit money laundering. Curshen, through Red Sea and Sentry Global, allegedly established domestic and offshore bank accounts through which the proceeds of stock manipulation schemes flowed. The superseding indictment alleges that Curshen and Salazar used these accounts to conceal the origin and ownership of the ill-gotten gains from these schemes.

The defendants are all charged with one count of conspiracy to commit securities, mail, and wire fraud. Additionally, as in the original indictment, the superseding indictment charges Krome with one count of securities registration violation, one count of obstruction of justice and one count of wire fraud. Weinbaum and Zigdon also continue to be charged with three counts of wire fraud. In addition, Curshen and Salazar each are charged with two counts of mail fraud, and Weidenbaum and Weinbaum each are charged with one count of mail fraud. The superseding indictment also charges Curshen and Salazar with one count of conspiracy to commit money laundering. The superseding indictment seeks forfeiture in the amount of $7 million.

The fraud conspiracy charge carries a maximum penalty of five years in prison and a $250,000 fine. Each count of wire fraud and mail fraud carries a maximum penalty of 20 years in prison and a $250,000 fine. The securities registration violation carries a maximum penalty of five years in prison and a $10,000 fine and the obstruction count carries a maximum penalty of 20 years in prison and a $250,000 fine. The money laundering conspiracy charge carries a maximum penalty of 20 years in prison.

Curshen, Krome, Salazar, Weinbaum, Zigdon, and Weidenbaum were also charged by the Securities and Exchange Commission in February 2010 in a related civil matter.

An indictment is merely a charge and defendants are presumed innocent until proven guilty.

The case was investigated by the FBI’s Washington Field Office and the USPIS. The case is being prosecuted by Trial Attorneys N. Nathan Dimock and Rina Tucker Harris of the Criminal Division’s Fraud Section. The U.S. Attorney’s Office for the Southern District of Florida provided significant assistance in this case. The Department of Justice acknowledges the significant assistance of the Financial Industry Regulatory Authority (FINRA) and the SEC in its investigation. The Criminal Division’s Office of International Affairs and Costa Rican authorities also provided assistance.

Today’s charges are part of efforts underway by the Financial Fraud Enforcement Task Force. President Obama established the interagency task force to wage an aggressive, coordinated, and proactive effort to investigate and prosecute financial crimes. The task force includes representatives from a broad range of federal agencies, regulatory authorities, inspectors general, and state and local law enforcement who, working together, bring to bear a powerful array of criminal and civil enforcement resources. The task force is working to improve efforts across the federal executive branch, and with state and local partners, to investigate and prosecute significant financial crimes, ensure just and effective punishment for those who perpetrate financial crimes, combat discrimination in the lending and financial markets, and recover proceeds for victims of financial crimes.

  JimGWD     Share   Monday, February 20, 2012 12:18:31 PM 
Re: None     Post #  of 195168   

Completed Investigation from the FBI #9


Securities Attorney and Five Others Indicted for Conspiracy, Wire Fraud and Mail Fraud in Stock Manipulation Scheme
U.S. Department of Justice February 18, 2011

Office of Public Affairs (202) 514-2007/ (202) 514-1888

WASHINGTON—Six individuals, including a securities attorney, were charged in an indictment unsealed today with defrauding investors in a stock manipulation scheme from 2003 to 2008, announced Assistant Attorney General Lanny A. Breuer of the Criminal Division, Deputy Chief Inspector Daniel S. Cortez for the U.S. Postal Inspection Service (USPIS) and James W. McJunkin, Assistant Director in Charge of the FBI’s Washington Field Office. In a related action, the U.S. Securities and Exchange Commission (SEC) filed a civil complaint in the Southern District of Florida, Miami division.

The defendants charged in the indictment returned in the Southern District of Florida are: Jonathan Randall Curshen, 46, of Sarasota, Florida; Michael Simon Krome, 49, a securities attorney from Long Island, New York.; Ronald Salazar Morales, aka “Ronny Salazar,” 39, of Costa Rica; Robert Lloyd Weidenbaum, 44, of Miami; and Eric Ariav Weinbaum, 37, and Izhack Zigdon, 47, of Israel. Curshen was arrested this morning in Sarasota, Florida and made an initial appearance in U.S. District Court in Tampa, Florida. Krome was arrested in Long Island, New York and will make an initial appearance later today in U.S. District Court in Central Islip, New York. Weidenbaum was arrested today in Miami and is making his initial appearance in U.S. District Court in Miami at 2 p.m. EST. Zigdon was previously arrested in Germany in October 2010, and the United States is seeking his extradition.

“The indictment unsealed today alleges that the defendants used their access and training to illegally manipulate stock prices for their own advantage,” said Assistant Attorney General Breuer. “Pump-and-dump schemes like the one alleged in this case leave legitimate investors holding worthless stocks. Anyone who defrauds the investing public in this way—whether you are a securities lawyer, a stock trader, or a simple fraudster—will be held to account.”

According to the indictment, Curshen was the principal behind Red Sea Management and Sentry Global Securities, two companies located in San Jose, Costa Rica, that provided offshore accounts and facilitated trading in penny stocks. The indictment alleges that Weinbaum and Zigdon took control of the outstanding shares of a company called CO2 Tech (ticker CTTD), which traded in the over-the-counter market through listings on Pink Sheets, an inter-dealer electronic quotation and trading system. Weinbaum and Zigdon allegedly obtained the shares by retaining Krome who allegedly employed a method to evade federal securities registration requirements in order to provide co-conspirators with millions of unregistered and “free-trading” shares of CO2 Tech that the co-conspirators could not have otherwise legally obtained.

The indictment alleges that the shares were subsequently sold to the general investing public by Weinbaum, Zigdon, Curshen and Salazar, a Sentry Global stock trader, through Sentry Global’s stock trading floor in Costa Rica. According to the indictment, the co-conspirators were able to hide from the investing public the actual financial condition and business operations of the company by evading the registration requirements. The indictment also alleges that Weidenbaum was paid approximately $1 million by Weinbaum and Zigdon to participate in sham stock trades of CO2 Tech to make it appear that there were genuine investors in the market that were buying the shares.

As alleged in the indictment, coordinated trades were often made between the co-conspirators in conjunction with the issuance of false and misleading press releases that were designed to make CO2 Tech appear that it had significant business prospects. According to these press releases, CO2 Tech purported to have a business relationship with Boeing to reduce polluting gases emitted from airplanes. The indictment alleges that these relationships never existed.

After fraudulently “pumping” the market price and demand for CO2 Tech stock through these press releases and coordinated trades, Weinbaum, Zigdon, Curshen, and Salazar allegedly “dumped” shares by selling them for large profits to the general investing public in the over-the-counter market through listings on Pink Sheets. These shares were allegedly purchased by unsuspecting investors, including in the Southern District of Florida, and were often rendered virtually worthless.

The defendants are charged with one count of conspiracy to commit securities, mail, and wire fraud. Additionally, Weinbaum and Zigdon are charged with three counts of wire fraud, Weidenbaum with two counts of wire fraud and Krome with one count of wire fraud; Curshen and Salazar are charged with two counts of mail fraud, Weinbaum and Weidenbaum with one count of mail fraud; and Krome is charged with one count of violating the securities registration laws and one count of obstruction of justice. The indictment also seeks forfeiture from the defendants.

The conspiracy charge carries a maximum penalty of five years in prison and a $250,000 fine. Each count of wire fraud and mail fraud carries a maximum penalty of 20 years in prison and a $250,000 fine. The securities registration violation carries a maximum penalty of five years in prison and a $10,000 fine, while the obstruction count carries a maximum penalty of 20 years in prison and a $250,000 fine.

In a related civil matter, the SEC charged Curshen, Krome, Salazar, Weinbaum, and Zigdon with violations of the Securities Act of 1933 and violations of the Securities Exchange Act of 1934. Weidenbaum is charged with aiding and abetting certain violations by Weinbaum and Zigdon.

An indictment is merely a charge and defendants are presumed innocent until proven guilty.

The case was investigated by the FBI’s Washington Field Office and the USPIS. The case is being prosecuted by Trial Attorneys N. Nathan Dimock and Rina Tucker Harris of the Criminal Division’s Fraud Section. The U.S. Attorney’s Office for the Southern District of Florida provided significant assistance in this case. The Department of Justice acknowledges the significant assistance of the Financial Industry Regulatory Authority (FINRA) and the SEC in its investigation. The Criminal Division’s Office of International Affairs and Costa Rican authorities also provided assistance.

President Obama established the interagency Financial Fraud Enforcement Task Force to wage an aggressive, coordinated, and proactive effort to investigate and prosecute financial crimes. The task force includes representatives from a broad range of federal agencies, regulatory authorities, inspectors general, and state and local law enforcement who, working together, bring to bear a powerful array of criminal and civil enforcement resources. The task force is working to improve efforts across the federal executive branch, and with state and local partners, to investigate and prosecute significant financial crimes, ensure just and effective punishment for those who perpetrate financial crimes, combat discrimination in the lending and financial markets, and recover proceeds for victims of financial crimes.

  JimGWD     Share   Monday, February 20, 2012 12:19:53 PM 
Re: None     Post #  of 195169   

Completed Investigation from the FBI #10


New York Stock Broker Sentenced to Prison in International Stock Fraud Scheme
U.S. Department of Justice September 06, 2011

Office of Public Affairs (202) 514-2007/TDD (202) 514-1888

WASHINGTON—A New York stock broker was sentenced today to 24 months in prison for his role in a wide-ranging international stock fraud scheme involving the illegal use of bulk commercial e-mails, or “spamming,” to promote thinly traded Chinese penny stocks, announced Assistant Attorney General Lanny A. Breuer of the Justice Department’s Criminal Division and U.S. Attorney Barbara McQuade for the Eastern District of Michigan.

Gregg M.S. Berger, 47, of New York, N.Y., was ordered by U.S. District Judge Marianne O. Battani in Detroit to serve three years of supervised release following his prison term. Berger agreed to forfeit $600,000 to the United States.

According to court documents, Berger conspired with Alan Ralsky, Francis Tribble, How Wai John Hui, Scott Bradley, and others to carry out a sophisticated stock fraud scheme from January 2005 through December 2007. Ralsky, Tribble, Hui, and Bradley have all been convicted and sentenced for their roles in the scheme.

“Mr. Berger used his position as a stock broker to generate more than $30 million in illegal proceeds for his co-conspirators, and more than half a million dollars for himself,” said Assistant Attorney General Breuer. “Today’s sentence reflects our sustained commitment to ensuring the integrity of our financial markets, and to holding accountable those who try to manipulate them.”

“Schemes that manipulate stock prices undermine public confidence in the stock market, and can have serious impact on our economy,” said U.S. Attorney McQuade.

“Illegal activity involving the investment industry has brought financial ruin to many Americans. IRS Criminal Investigation is pleased to bring our forensic accounting skills to this joint venture to put a stop to this and other types of white-collar fraud,” said Erick Martinez, Special Agent in Charge of the IRS Criminal Investigation Detroit Field Office.

Berger was indicted in the Eastern District of Michigan in December 2010 and pleaded guilty in April 2011 to conspiring to commit securities fraud and wire fraud.

The charges arose after a multi-year investigation, led by agents from the FBI, with assistance from the U.S. Postal Inspection Service and the Internal Revenue Service (IRS), revealed a sophisticated and extensive operation that largely focused on running a “pump and dump” scheme, whereby the defendants sent spam touting thinly traded Chinese penny stocks, drove up their stock price, and reaped profits by selling the stock at artificially inflated prices.

In pleading guilty, Berger acknowledged that he established brokerage accounts at the direction of Hui and Tribble, and communicated with Ralsky and Bradley during the conspiracy. Berger’s role was to trade the stocks that were illegally promoted by spam e-mail campaigns, arrange for shares of the stocks to be transferred into the brokerage accounts, and execute stock trades at the direction of Tribble, rather than the direction of the named account holders. Berger also caused the transfer of the proceeds from the trading of the stocks to bank accounts controlled by the conspirators. He also provided confidential account information, including trade amounts, prices, cash balances and wire transfer details to Tribble, Bradley, and others involved in the scheme who were not entitled to such information and did not have authorization from the actual named account holders.

The stocks pumped-and-dumped included China World Trade Corporation (CWTD), Pingchuan Pharmaceutical Inc. (PGCN), China Digital Media Corporation (CDGT), World Wide Biotech and Pharmaceutical Co. (WWBP), China Mobility Solutions (CHMS), and m-Wise (MWIS).

According to court documents, during the course of the scheme, Berger caused the sale of approximately 30 million shares of stock, generating approximately $30 million for the co-conspirators and over $600,000 in commissions for Berger.

The case was prosecuted by Assistant U.S. Attorney Terrence Berg of the U.S. Attorney’s Office for the Eastern District of Michigan and Senior Counsel Thomas Dukes of the Criminal Division’s Computer Crime and Intellectual Property Section. The case was investigated by the FBI, IRS, and U.S. Postal Inspection Service. The U.S. Securities and Exchange Commission’s Philadelphia Regional Office has provided significant ongoing assistance in this case.

  SevenTenEleven     Share   Monday, February 20, 2012 10:16:25 PM 
Re: Rocket Man post# 195042     Post #  of 195180   

FFGO - It is clear that those who are short have been gaming the system. it is time for the DOJ and the Treasury to step up and force naked short sellers to cover, or settle with companies/shareholders.

$4/share is what some believe FFGO would be worth if it was not attacked by naked short sellers.

Imagine a $4/share settlement!

Tic Toc

5T WD haha

BMFL<OD

next week(s) is here

Last edited by Bull Finch (2012-02-20 21:30:11)

NSS ~ Counterfeiting Stock ~ MM Games Played   

Moderator: fourkids_9pets   Assistants: Paula, camper9, SevenTenEleven, ThePennyGuru, dehydratedman

http://investorshub.advfn.com/boards/board.aspx?board_id=18322


  jobynimble     Share   Monday, February 20, 2012 11:27:52 AM 
Re: fourkids_9pets post# 8724     Post #  of 8746   

Just curious if your efforts have really ever exposed any particular stock that was claimed to be naked short sold and actually had a huge short squeeze fot the 'heathens' to cover? Tia...

  SevenTenEleven     Share   Monday, February 20, 2012 12:35:18 PM 
Re: jobynimble post# 8726     Post #  of 8746   

Plenty of squeezes happen on a regular basis. Those getting squeezed never announce they are being squeezed to have been the "poor victim" of a squeeze.

With market makers not reporting short interest for OTC stocks, it is very difficult for retail investors to target short and naked short sellers. Nice little loophole in the system for them.

Good Luck!

  jobynimble     Share   Monday, February 20, 2012 1:08:53 PM 
Re: SevenTenEleven post# 8727     Post #  of 8746   

I know how it works, read my profile. And with all due respect, my question wasn't directed to you 

  grantg2     Share   Monday, February 20, 2012 1:43:24 PM 
Re: AlanC post# 8725     Post #  of 8746   

YES INDEED... that would lead MANY TO ASK QUESTIONS that SHOULD CAUSE MUCH HUMILIATION for those who have supposedly BEEN "Monitoring" and "Regulating" markets to prevent illegal activity by CROOKS trying to rob innocent RETAIL INVESTORS!

But then again, are folks at the SEC really likely to be humiliated considering the poor job they actually do?

  grantg2     Share   Monday, February 20, 2012 1:52:22 PM 
Re: jobynimble post# 8728     Post #  of 8746   

So HAVING READ your profile as requested,

I would assume that you HAVE READ The Book of Daniel Drew...

which was compiled from his diaries he kept during his lifetime on Wall Street back when there were more dirt roads than paved in NYC!

Are you saying that market manipulation does NOT go all the way back to Drew's time... and that the big name fueds over power & control of wealth/power among the likes of Astor, Vanderbilt, Drew, Tweed, & others are just imaginary figments?

  jobynimble     Share   Monday, February 20, 2012 2:19:07 PM 
Re: grantg2 post# 8730     Post #  of 8746   

I've read them all. And you said it, not me, so don't put words in my mouth, tia...

  grantg2     Share   Monday, February 20, 2012 2:36:24 PM 
Re: jobynimble post# 8731     Post #  of 8746   

Just trying to see IF you believe that the markets are reliably honest at all times?

I infer that you doubt any Naked Shorting can exist to an extent sufficient to cause harm to a company or its shares... a perspective I find hard to believe WOULD BE HELD BY a WALL STREET insider such as yourself.

However, I understand if you prefer NOT to state your position on markets' integrity in an unequivocal manner.

  jobynimble     Share   Monday, February 20, 2012 3:25:25 PM 
Re: grantg2 post# 8732     Post #  of 8746   

Your inference is wrong. Ask a question and I'll try to answer but you're attemtping to answer a question by inference before you even ask me. But again, my initial question wasn't directed at you. Whether true or not regarding market manipulation, some would rather stay close-minded and believe what they believe and insist their position on the matter is correct without willing to even have an open discussion about it.

Does abusive naked short selling happen? Of course it does, and it's proven by past SEC charges and convictions and fines against those who were guilty of doing it. But applying it to any stock as an excuse for price weakness when there's no evidence it's occurring is much easier to do than blaming those running the company for poor management and ill-execution of a constantly changing business plan, imo...

  grantg2     Share   Monday, February 20, 2012 3:56:43 PM 
Re: jobynimble post# 8733     Post #  of 8746   

AND for those WHO DO SHORT SOME STOCKS as NAKED SHORTS...

IT IS SO FORTUNATE that the tracking and regulatory compliance mechanisms are practically worthless...

THAT INEFFECTIVENESS makes it so easy to deny the existence and deflect the conversation elsewhere because probably fewer than 2 NS situations out of every 250 on the OTC are likely to be so INEPT and SLOPPY as to get caught!

AND DAMN the BAD LUCK when arrogance/complacency-in-the-crime (because of so little fear of getting caught) cause one to overlook some DD warning signs that indicate a legitimate company MIGHT SURVIVE the attack!

  qtipjoe     Share   Monday, February 20, 2012 4:05:46 PM 
Re: grantg2 post# 8734     Post #  of 8746   

I have the company and it will survive the attack in spite of a few at the company who have no clue. The war rages on. One battle at a time. Just like NEO. This is the one.

  grantg2     Share   Monday, February 20, 2012 4:42:00 PM 
Re: qtipjoe post# 8735     Post #  of 8746   

joe... I surely hope for your sake that TEVE does prevail over the NS position existing there...

and I know of at least TWO MORE companies that I DO BELIEVE (FUD notwithstanding & apologists galore to the contrary) there has been extensive shorting... NAKED, or not... that are legitimate companies.

It is MY SINCEREST DESIRE to see any one of these situations move toward a courtroom trial with FORENSIC AUDITS of trading by BROKERS/MMs/Hedgies...

that would BOTH expose the SHORTING DONE...

AND NAME the PARTIES INVOLVED!

I'd love to READ the names to see if any are familiar...

or associate the trial event with the subsequent absence of *entities* elsewhere!

I'd REJOICE to see ANY GLIMMER of HOPE that there is an honest government agency that ACTUALLY WOULD IDENTIFY AND PROSECUTE pro-insiders who consistently GAME unsuspecting small retail investors targeted for fleecing on the OTC!

  qtipjoe     Share   Monday, February 20, 2012 4:56:21 PM 
Re: grantg2 post# 8736     Post #  of 8746   

Over the years the SEC and Finra have made it about as impossible as they could to track anything. A twelve year old with an indexed database management system could replace everyone at the SEC which should include the director. That is coming to an end. I can not say for sure that TEVE has been naked shorted. No one can say for sure that this is Monday if you ask the SEC. They are scrambling for jobs in the private sector. There world is ending as we speak. I have some resistance to a plan that I have worked on for 15 years.

It will prevent nothing. It may postpone some things for awhile but the final results are cast in stone. I will get back to each of you after the 12th of March.

  grantg2     Share   Monday, February 20, 2012 5:12:53 PM 
Re: jobynimble post# 8733     Post #  of 8746   

Interesting logo on your post...

Wall & Broad... almost the EXACT SPOT Daniel Drew built his mansion... among other interesting tidbits in his life.

He was ONE of the original MARKET MANIPULATORS in NYC... NAKED SHORTING of stock was one of his later learned interests.

Drew is responsible for the term "watered down stock" but it actually applies to LIVEstock that he drove south to NYC from the outlying upstate farmland...

not allowing them to drink regularly until ALMOST into NYC...

then he allowed them to BLOAT themselves with water and FLEECED OLD MAN ASTOR (the meat market mogul) on the livestock weight!

Of course, Drew also PLAYED & GAMED the markets in various business ventures that had him in conflict with almost every famous WALL STREET OPERATIVE in the day... Vanderbilt, Carnegie, Astor were only a few of many. Alliances seemed pretty FLUID in those days...

there was money to be made in Hudson River boat traffic, stocks, railroading, pertoleum... in addition to livestock.

Drew started out in cattle. When NYC & NY state got so populous that the cattle demand exceeded local supply, Drew & companions would drive cattle back east from as far away as Cincinnati, Ohio. At one point he had FLEECED so may by tricks skirting the law that he had to hide out in NJ to avoid NY arrest until things died down a bit and he could make a little peace with those wanting him jailed.

He almost solely funded the beginnings of Drew University in his latter years to REGAIN some respectability. However, Drew died as a socially outcast, nearly impoverished, lonely old man according to the remnant manuscripts of his diary written in his own hand.

FUD and SHENANIGANS on both sides of the "legal line" go way back... and funny thing is that the perpetrators of those shenanigans have ALMOST ALWAYS denied the activities' exitence! But even as far back as OLD MAN ASTOR, the victim (Astor) damn well recognized a waterlogged cow when he began to butcher the beast!

The Book of Daniel Drew is a fascinating read... I spent many hours in it as it distracted me from the stress of the serious few days at the time my mother was in the hospital dying.

The more things change the more the seem to stay the same!

What was the old radio show slogan? "What evil lurks in the heart of man? Only The Shadow knows!"

  basserdan     Share   Monday, February 20, 2012 5:42:05 PM 
Re: None     Post #  of 8746   


Naked short-selling
A not-so-short story

Jan 11th 2012, 18:16 by M.V.| NEW YORK



PATRICK BYRNE (pictured) is the chief executive of Overstock, a Utah-based online retailer. But he is better known—indeed, notorious in some circles—for his campaign against Wall Street over what he has long portrayed as an unholy alliance of brokers and hedge funds bent on profiting from the illegal (or “naked”) short-selling of shares, not least those of his own firm.

Five years ago, Overstock filed a naked-shorting case in California against a bunch of Wall Street firms. The gist of the accusation was that they had conspired with clients to manipulate short sales of the company’s shares in order to allow more shorting (and thus generate bigger brokerage fees) than would otherwise have been possible. The effect, Overstock alleges, was to depress its share price.

Most of the defendants settled for undisclosed sums, leaving just Goldman Sachs and Merrill Lynch (now part of Bank of America) in the cross-hairs. Four years of discovery produced vast piles of documentation, much of it still sealed at the request of the defendants, despite efforts by several media outlets (including The Economist) to have them made public. The case was due to go to trial in March, but this week the defendants persuaded Judge John Munter to throw out the complaint. This is a blow for Mr Byrne, but he has vowed to fight on.

His opponents will be cock-a-hoop. They have long portrayed him as a nutcase who invented the naked-shorting problem to distract attention from Overstock’s chronic underperformance. Mr Byrne is as quirky as he is brainy, and prone to the occasional batty outburst. (He didn’t help his cause by suggesting that a cabal of short-sellers was led by an unidentified “Sith Lord”.) But his belief that naked shorting happens and hurts companies is genuine, and backed by lots of research. He has always defended legitimate short-selling. He insists this is a battle he did not choose, but was forced to fight because of bear raids on Overstock. He is not alone in taking aim at perceived abuses of short-selling. Last year, for instance, a number of brokers, including Goldman, BofA and Morgan Stanley, settled a case with Taser for an undisclosed sum.

Overstock will appeal the ruling. It might take solace from the fact that the court’s conclusions were based not so much on the substance of the complaint but on the narrower issue of whether the alleged crimes took place in California and thus whether it has jurisdiction over the case. An appeal court might disagree, given that a large percentage of the trades in question were transacted on the Pacific Coast Stock Exchange in San Francisco. Overstock also plans to file a new racketeering suit, on the same charges, in New Jersey, where both sides accept some the relevant trades took place, even if they disagree over their legality.

More than a plumbing problem

There is much more at stake than the amount of damages Overstock was claiming, thought to be $55m. If the case ever does get to trial, it would shed light on the huge but still opaque businesses of prime brokerage (services for hedge funds) and securities lending (the loaning, for a fee, of the shares that short-sellers are supposed to borrow before selling). Regulators have struggled to grasp the inner workings of these markets. The unredacted court documents have provided a tantalising glimpse into the complex transactions, legal or otherwise, employed by prime brokers and their clients, such as options trades that allow unsettled short positions to be rolled over regularly, keeping them under the regulatory radar.

The failure to deliver shares (and thus to settle trades) that goes hand-in-hand with naked shorting is more than just a plumbing problem: a buyer who does not receive his share cannot technically vote it. And the case has relevance far beyond smaller companies like Overstock. The huge spike in settlement failures in the shares of Lehman Brothers and other large financial groups in the turmoil of late 2008 suggests, to some, that they were subjected to sustained raids by bears that were not bothering to properly locate and borrow stock before selling it short. Lehman’s problems were so acute that it would have almost certainly collapsed anyway, but its demise may have been accelerated by naked shorting.

Furthermore, settlement failures are still a problem. It is true that there have been fewer fails in single-company stocks since the SEC further tightened up its rules on shorting (known as RegSHO) in 2008. But there are still some loopholes. The SEC has conspicuously intensified its policing of the issue over the past year. Moreover, the problem seems to have migrated. Settlement failures have increased in exchange-traded funds, or ETFs, and in mortgage-backed securities. Fails have also been an issue in the Treasury-bond market, where new penalties have been introduced for dealers who do not conduct and settle trades properly.

Goldman and Merrill have always vigorously denied they were involved in any kind of manipulative scheme. Their supporters argue that the fall in Overstock’s share price in the period in question, 2005-07, was primarily down to poor management and products, not pressure from shorts. The two brokers won a key legal victory this week. But Mr Byrne seems determined to engage on another front. “Until at least twelve Americans have had a chance to issue their own ruling on these facts, we will carry on,” he said after the ruling. Regardless of whether he begins to score victories of his own or merely goes down fighting, this saga has some way to run.

http://www.economist.com/blogs/schumpeter/2012/01/naked-short-selling

  fourkids_9pets     Share   Monday, February 20, 2012 6:23:54 PM 
Re: jobynimble post# 8726     Post #  of 8746   

the irony there is when i first created an acct
(personal) with fidelity (early 2000) *trades*
were like 200 bucks per ~ then couple that with
living in a state who had a 12 percent STCG tax ~
made it very easy to be an investor .. even in
the handful of co.s i've invested in on the OTC
where clearly risk runs high

in 2007 my *awareness* of stock manipulation
was pretty much limited to the interview i'd
watched Patrick Byrne give on cnbc a few years b4 >>

translation: very little *awareness*

also in 2007 a co. i'd been invested in
since early 2003 uplisted from the OTC BB
to the naz (FRPT) >> that was my first exposure
(and now with hindsight) of watching a heavily
shorted stock be covered (pps was laddered up
systematically for the entire year b4 uplist to
the naz on 1/18/07) clearly i wish i knew then
what i know today >> but my goal is always to learn

of course back then >> i still believed that the sec
stood for something besides corruption >> the sec is
a national disgrace and needs to be disbanded immediately
and if *reconvened* >> needs to address the non existent
non level playing field >> that is the US markets >>

contrary to what gets posted about me >> i'm only in a handful
of co.s on the OTC >> and as of JAN 2007 had yet to train my
brain to think like a crook >> since i had no knowledge of the
MULTIPLE levels of CONS done >> i'm actually exactly what my
alias states >> and having only one alias >> i actually care
about what i post having veracity at the time the post is written
based on my knowledge at the time

i didn't understand about moles and trolls >> crews who ran stox
and then blamed it on the co. >> and the wash trading done by rote
by some >> to generate momo where none *exists*

that would all change within my first year on ihub for which
i've always been grateful to this site >> i learned more here
in 7 mos than i did in 7 years on yahoo

it was a lesson i took to heart >> first and foremost is
understanding the multiple aspects involved and why a legit
co. would be set up to fail >> vs those perpetrated by serial
con artists >> as odd as this may seem >> it took 3 years of
literally *contacting the sec with regularity* to get the most
honest response out of an sec employee (feb 2011) who flat out
admitted that the OTC had been set up for BS (read fraud) and
that everyone knew it >> i'd been trying to track down why FTDs
would no longer be reported (2009) after being reported in the
years b4 >> turns out if a co.s stock isn't registered with the
sec >> there is no requirement for FTDs to now be reported
it would also imo disclose stock manipulation on a grand scale

i had to interject and differ with this employee that *everyone*
knew it but i certainly appreciated the honesty on display vs
the usual that comes out of the sec (please understand i was
raised in a military family where *respecting* authority is
2nd nature) the sec had to earn my disgust

so to answer your question >>

yes in hindsight i now know that force had a short covering
that came to pass at uplist >> imo it was then shorted right
back down (was about 1 dollar a year after uplist .. jan/08)

i have no doubts that JBI will have covering in due course
the question i have had since 2010 is will this legit co.
(unlike so many other legit co.s on the poorly watched OTC)
be able to outlast and survive efforts done against them
and imo the *hooks run deep* and imo have very powerful
*connections* (which now that the sec has made previously
non disclosed correspondence public re: JBI ~ all the more
remarkable due to imo very *clear obstructions* placed at
each and every step of the co.'s way forward)

and until the sec complaint (which is so poorly written i'd
be embarrassed to have my name attached to it and tellingly
enough imo a style not remotely *similar* to previously
written complaints out of those boston attorneys ~ which is
why if JBI goes to trial >> it will be interesting to see
just exactly who the author is) imo there would have been
*covering* at uplist re: JBII ~ i would have anticipated that
event this summer b4 the sec complaint originated (now imo
at the earliest it's 2013)

that was the *immediate* goal of the sec complaint >> but then
that comes as no surprise to me

there are other co.s who've uplisted from the OTC BB (QPSA &
ZAGG & EGAN) >> ZAGG carries *residue* imo >> but FRPT still
stands out as the stock the shorts had to cover

i'm sure others who invest or trade in OTC co.s on a broader
scale >> can chime in

===
4kids
all jmo


  fourkids_9pets     Share   Monday, February 20, 2012 7:36:40 PM 
Re: basserdan post# 8739     Post #  of 8746   

Quote:
--------------------------------------------------------------------------------
If the case ever does get to trial, it would shed light on the huge but still opaque businesses of prime brokerage (services for hedge funds) and securities lending (the loaning, for a fee, of the shares that short-sellers are supposed to borrow before selling). Regulators have struggled to grasp the inner workings of these markets. The unredacted court documents have provided a tantalising glimpse into the complex transactions, legal or otherwise, employed by prime brokers and their clients, such as options trades that allow unsettled short positions to be rolled over regularly, keeping them under the regulatory radar.
--------------------------------------------------------------------------------



===
key to it all (the word i use is *resets*)

and everyone *connected* to this knows it

===
4kids
all jmo

  AlanC     Share   Monday, February 20, 2012 8:21:41 PM 
Re: fourkids_9pets post# 8740     Post #  of 8747   

TASR and SSOL are the two I remember best however much that was written at the time has been scrubbed from the records so it will not be used for illustrative purposes. In round numbers SSOL went from about .40 to about $186.00 over a period of about 6 months and TASR which had a few forward splits effectively went from about $3.00 to about $300.00 in less than a years time as I recall. Both occured several years ago and sadly I owned neither but I did watch. lol

  AlanC     Share   Monday, February 20, 2012 8:25:51 PM 
Re: fourkids_9pets post# 8741     Post #  of 8747   

I think using resets is understood by all even the regulators. lol
Looking forward to the day the music stops and there are no more resets for these criminals!

  grantg2     Share   Monday, February 20, 2012 8:35:02 PM 
Re: basserdan post# 8739     Post #  of 8747   

NAH... sorry Dan, but that is nothing more than excuses to cover up poor execution of an ever changing business plan...

which HAS TO BE Gospel when it comes to Market Principles and Practices because it comes from a retired Investment Banker who has over 31 years of experience in the markets!

Market Trading Analysis & Opinion by such CREDENTIALED PROs trumps any theories us non-financial folks might think EXPLAINS WHAT is going on based on our limited understanding & pitiful expertise in such a complex marketplace.

WE ARE JUST CONFUSED & MISLED...

in spite of investigative reporting of financial news media,

widespread availability of subscribed L2 & L3 to watch transactions real time,

AND not even taking into account THOSE *ENTITIES* charging BIG $$$$$$$$$$$ to TEACH folks how to utilize all manner of TRADING STRATEGY (some legal, some not) for daytrading their way to WEALTH...

ALL OF WHICH suggest MAYBE WE ARE NOT THAT CONFUSED AFTER ALL!

So just FOLLOW the FUD and relax... "the sun will come out tomorrow... tomorrow..." etc. There is no need to worry about MARKET CROOKS; they are FEW (quite rare) & the government agencies will protect us!

  acrazjo     Share   Monday, February 20, 2012 9:35:07 PM 
Re: fourkids_9pets post# 8740     Post #  of 8747   

Well written Post. Need more posts like yours on IHUB. One can learn the game and get a win now and then but it is being ever watchful for opportunities to sell into strength that are the most important lesson to learn. I earned my bones here at IHUB and am finally a well versed player of these games we call stocks.

I like longer term plays that have a decent chance to run. QPSA is my latest puppy and it has been worth the wait. I am finally buying and selling shares on QPSA when it dips I buy and when it runs I sell but only a portion of my holdings. I have kept a piece purchased sometime ago at a pretty cheap price to let ride in case she really squuezes the shorts one day. Should be a fun ride this year as things develope with facebook. Good luck to you, joe

  grantg2     Share   Monday, February 20, 2012 9:53:38 PM 
Re: fourkids_9pets post# 8741     Post #  of 8747   

Last year I thought *resets* was a term you had coined to describe the trading you saw going on...

(LOL... how naive and uninformed am I?)

that was until I read the link (someone shared here) to the lengthy article describing the practice in detail and using the same *resets* terminology...

which tells me THERE IS AN AWARENESS and *resets* are recognized because they occur often enough to be recognized by other market observers besides just the practitioners of *resets* use.

And pardom me for putting it this way,

BUT I find it hard to believe

that two independent entities...

(that some anonymous dogooders prefer to portray QUITE OFTEN/REGULARLY as way out in left field and unable to connect dots)

would BOTH observe some transaction in the OTC market and independently be inspired to use the word *resets* to identify it!

THERE IS ALSO a FUD WAR going on...

front line combatants doing their BEST to convince newbies & naive less-experienced investors that markets are inherently honest and move JUST ACCORDING to supply and demand... NSS is just a fictitious urban myth! NOT!!!!!!!!

IMHO there are MANY PINK & OTC stocks run by identified crooks who have run same/similar cons multiple times with helpers... (and YET these perps seem to have immunity from the SEC... they oftimes fly for YEARS under the radar and are totally untouched & unimpeded by that agency)...

MOREOVER IMVHO there REALLY ARE some legitimate companies that are targeted BY OTHER (anonymous or seemingly respectable) CROOKS who KNOW THE SYSTEM INTIMATELY & GAME IT EVERY DAY for financial gain without any regard for ethics/morality/principle (and THESE PERPS seem to have NOT ONLY immunity, BUT ASSISTANCE from the SEC)!!!

PLEASE BEAR IN MIND, I am not referring to daytraders, TA players, flippers, legitimate shorts, or any activity on exchanges other than the pinks/OTC.

The obvious error regarding an orderly market driven by supply & demand IS THAT NAKED SHORTING grossly distorts that relationship... and any limitations implied by SS of the company is rendered quite irrelevant!

  SevenTenEleven     Share   Monday, February 20, 2012 10:06:59 PM 
Re: grantg2 post# 8746     Post #  of 8747   

What FINRA has to say about short reporting on the OTC and the likelihood of under reporting:

http://www.sec.gov/rules/sro/finra/2009/34-60807.pdf


Certain OTC transactions (e.g., riskless principal and agency transactions where one member is acting on behalf of another member) are reported to FINRA in related tape and non-tape reports. Tape reports are submitted to FINRA for public dissemination by the appropriate exclusive Securities Information Processor (“SIP”), while non-tape reports are submitted to FINRA, but are not submitted to the SIP for public dissemination. FINRA will not be including non-tape reports in either the daily short sale volume file or the monthly short sale transaction file. Accordingly, in those instances where the short sale indicator is only included in the related non-tape report, the short sale data published in the daily and monthly files may be under-inclusive. Similarly, the published figures will not include odd lots since these transactions are not disseminated to the consolidated tape.


While members generally are required to report trades in equity securities to FINRA within 90 seconds, a firm could improperly delay reporting of short sales until well after the close, which would result in the under-reporting of over-the-counter short sale volume. Delaying the reporting of trades for such a purpose would be considered a violation of the applicable trade reporting rules and Rule 2010 (Standards of Commercial Honor and Principles of Trade).

  SevenTenEleven     Share   Monday, February 20, 2012 10:21:28 PM 
Re: AlanC post# 8743     Post #  of 8748   

Knight Capital Group stated that the process of dealing physical securities is wasting time and money resources for self clearing brokers and they are going to place restrictions on such stock. The rep for Knight went further by stating that he would like the SEC to suspend or revoke such stock from further trading once a DTCC chill is in place. Of course a suspension requires the issuer to comply with whatever info is requested and if the issuer refuses they are then revoked. Ultimately Knight made it clear that questionable securities should not be forced upon brokers to deal with and TAs should be held to higher standards of transparency.

Nobody is against what the DTCC is doing and they are encouraging them to continue. The only complaint was the lack of communication to the issuer as to why the loss of eligibility. The DTCC stated that in order to protect the process from bad apples they were not going to coach them along creating a process of getting around DTCC chills. Essentially they felt by providing specific information it would be used by those who take advantage of the process to continue fraudulent activity.

http://wallstreetbranding.com/dtc-chill-and-sec-roundtable/

  grantg2     Share   Monday, February 20, 2012 11:08:34 PM 
Re: SevenTenEleven post# 8748     Post #  of 8749   

deja vu... does that convoluted (damned IF you do & damned IF you don't) logic seem in any way similar to FED REGS impeding small companies and entrepreneurs from starting/doing business... sending jobs overseas, or WORSE hastening them out of existence?

or is it just me thinking it looks like one group is greasing the slide vulnerable legit companies are sitting on while the other inclines the slide higher to assure a faster PLUNGE DOWNWARD until buried in the dirt & unable to rise back up... and BOTH getting PAID HANDSOMELY to do IT(destroy small companies)?

Wonder WHY these FEDERAL agencies cannot STOP the cons & crooks while identifying legitimate small companies & protecting/facilitating them as they grow? (Rather that just be TOOLS used by CROOKS with INFLUENCE & links back to ????)

I fail to see the logical sense OR BENEFIT to our economic welfare as a nation that creates/allows NYSE & NASDAQ as level playing fields IF a company gets to a certain size or meets certain criteria... BUT UNTIL THAT TIME must survive in the deadly hostile environment of PINK/OTC where any threat has license to kill!

Seems akin to putting babies curbside until old enough to dress and use the potty! Bet there would be an awful (fully justified) uproar if someone DID THAT & tried to postulate WHY it made sense! lol

5T WD haha

BMFL<OD

next week(s) is here

Last edited by Bull Finch (2012-02-20 22:40:57)

Fortress Financial Group (fka FFGO)

http://investorshub.advfn.com/boards/board.aspx?board_id=3111

North American Gold & Minerals Fund (NMGL)   

Moderators: AlanC, SevenTenEleven, Rocket Man, Texan77, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=16265


  AlanC     Share   Tuesday, February 21, 2012 7:51:31 AM 
Re: AlanC post# 194455     Post #  of 195212   

Nobody and I mean nobody who paid .0035 for 17 billion shares would sell them for .0001 unless they were daft and I don't think Mr. Sloane is daft. Sloane Investments as well as all the key players have been checked out both here and in South Africa by others and were found to be squeaky clean. Of course, those who are going to lose a lot of money to them and the FFGO shareholders would feel differently as they are not accustomed to losing. On the other hand this paragraph sticks in my mind:

Lastly, we wish to express our sincere and heartfelt appreciation to those many loyal, longstanding and truly wonderfully supportive stockholders who have stayed with this Company despite the most trying of circumstances in 2009. God bless you all and we promise you that we will continue to tirelessly work to obtain for you what you so richly deserve, a great return on your investment in our Company and to let you know, that we truly appreciate your faith in us, your Management.

We are at war with a very strong connected enemy who will use every tool available to keep the funds stolen from you. More and more folks realize what these criminals have done and are still doing. History in the making as the shortman and his minions lose. Go FFGO!!!
Dividends of 3400%+ are worth waiting for!

  AlanC     Share   Tuesday, February 21, 2012 7:54:55 AM 
Re: AlanC post# 194450     Post #  of 195213   

Management told us what they would be doing, not what others would be doing, and they have done exactly what they said they would do and have not deviated from it. Looking forward to completion of their plan with the payment of the dividends. Go FFGO!!!
Dividends of 3400%+ are worth waiting for!

  AlanC     Share   Tuesday, February 21, 2012 7:58:21 AM 
Re: AlanC post# 193722     Post #  of 195213   

Did you know FFGO management has been fighting the naked shorting of its stock for almost 7 years? Did you know that the stock was billions short back in 2006? Did you know that management tried hard to force those short to cover and regulators failed to enforce existing rules and regulations and allowed the naked shorters to continue to sell more non existant shares into the markets? Did you know management used every method available to them to try and thwart the attacks including multiple dividends and even reverse splitting the stock and still the naked shorters continued to sell non existant shares trying to drive FFGO into bankruptcy? Thanks management for being such warriors! Thanks for developing a plan that will insure that your shareholders are compensated for the suffering endured at the hands of the criminal naked shorters. Thanks for your courage and your caring.
Go FFGO!!!
Dividends of 3400%+ are worth waiting for!

Thanks to BullFinch for this DD:

Great West Gold, Inc. Continues
To Monitor Short Selling
NEW YORK, May 8, 2006 – Great West Gold, Inc. (OTC BB:GWGO) confirms that BUYINS.NET, www.buyins.net, continues its coverage of Great West Gold, Inc. (OTCBB: GWGOE) after releasing the latest short sale data through May 2006. From January 2005 to May 2006 approximately 28.73 billion total aggregate shares of GWGOE have traded for a total dollar value of nearly $22.7 million. The total aggregate number of shares shorted in this time period is approximately 2.21 billion shares. The GWGOE SqueezeTrigger price of $0.00079 is the volume weighted average short price of all short selling in GWGO. A short squeeze started when shares of GWGOE closed above $0.00079. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net/.
Press Release

Great West Gold, Inc. Email:investor@greatwestgold.com

http://www.greatwestgold.com/pdfs/080506_GWG_PR_Buyins_Report.pdf


Great West Gold, Inc. – Squeeze Trigger Report
NEW YORK, NY, February 21, 2006, Great West Gold, Inc. (OTC BB: GWGO) announced on February 16, that www.buyins.net, is initiating coverage of Great West Gold, Inc. (OTCBB: GWGO) after releasing the latest short sale data through February 2006. From January 2005 to February 2006 approximately 20.59 billion total aggregate shares of GWGO have traded for a total dollar value of nearly $12.35 million. The total aggregate number of shares shorted in this time period is approximately 1.59 billion shares. The GWGO SqueezeTrigger price of $0.0006 is the volume weighted average short price of all short selling in GWGO. A short squeeze is expected to begin when shares of GWGO close above $0.0006. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://buyins.net/squeezetrigger.pdf.
Press Release

Great West Gold, Inc. Email:investor@greatwestgold.com

http://www.greatwestgold.com/pdfs/210206_GWG_PR_Squeeze_Trigger_Report.pdf


Great West Gold, Inc. –
Share Price And Trading Activity
NEW YORK, NY, February 17, 2006, Great West Gold, Inc. (OTC BB: GWGO) confirms that it has noted that its share price traded at a new low yesterday with in excess of 1 billion shares being traded on that day.
The Company has requested an urgent “Squeeze Trigger” Report from www.buyins.net in respect of the Company’s trading including yesterday and upon receipt of this report, it will be published by the Company.
Press Release
Great West Gold, Inc. Email:investor@greatwestgold.com

http://www.greatwestgold.com/pdfs/170206_GWG_PR_Trading_Activity.pdf


Great West Gold, Inc. – Update On Naked Short Selling
Great West Gold (“GWGO”) Report
NEW YORK, December 27, 2005 – Great West Gold, Inc. (OTC BB:GWGO) announced on November 8, 2005 that Great West Gold, Inc. has now subscribed to a service that will “expose” all naked short positions in its stock on a monthly basis. The Company undertook to publish this list on its web site and issue a Press Release disclosing full details contained in that monthly report. Great West Gold, Inc. is now determined to attack those who are involved in the illegal naked short selling of its stock.
Press Release
Great West Gold, Inc. Email:investor@greatwestgold.com



http://www.greatwestgold.com/pdfs/271205_GWG_PR_Update_on_Short_Selling.pdf


Great West Gold, Inc. – UPDATE ON NAKED SHORT NEW YORK, November 9, 2005 – Great West Gold, Inc. (OTC BB:GWGO) announced on November 8, 2005 that Great West Gold, Inc. has now subscribed to a service that will “expose” all naked short positions in its stock on a monthly basis. The Company undertook to publish this list on its web site and issue a Press Release disclosing full details contained in that monthly report. Great West Gold, Inc. is now determined to attack those who are involved in the illegal naked short selling of its stock.
Press Release
Great West Gold, Inc. Email:investor@greatwestgold.com


http://www.greatwestgold.com/pdfs/091105_GWG_PR_Update_on_Short_Selling.pdf

  AlanC     Share   Tuesday, February 21, 2012 9:55:13 AM 
Re: Anvil post# 195196     Post #  of 195214   

With a new movie being premiered in New York on March 1st and released to the general public on March 2nd as well as a book on the subject also being released which states that naked shorting is a huge problem and financial terrorism I can well understand why naked shorters are looking for amnesty. Let them eat cake! Make them pay through the nose and then file criminal charges are the steps I look forward to seeing put in place. Go FFGO!!!
Dividends of 3400%+ are worth waiting for!

  SevenTenEleven     Share   Tuesday, February 21, 2012 10:39:43 AM 
Re: lucvuillermoz post# 195200     Post #  of 195214   

FFGO - Gold up sharply today. Expected it to push down on European Bailout news, but I guess dumping Euros into the system will weaken the currencies. US will dump dollars into economy to keep the Euro in check with dollar.

$2000 per ounce coming sooner than later.

  paunch13     Share   Tuesday, February 21, 2012 10:51:57 AM 
Re: lucvuillermoz post# 195209     Post #  of 195214   

Luc
Gold is manipulated and always has been but sometimes it gets away from the manipulaters
John

  AlanC     Share   Tuesday, February 21, 2012 5:56:06 AM 
Re: SevenTenEleven post# 8748     Post #  of 8752   

Sun Feb 19, 2012 10:33 am by Carol

18 FEB. 2012 SEVERAL RESIGNATIONS COMING NOW/TODAY FROM BANK CEO'S AROUND THE GLOBE

THESE ARE BELIEVED TO BE THE RESIGNATIONS THUS FAR (PENDING CONFIRMATION): Resignations Global Banks ....1) World Bank CEO Zoellick resigns; 2) Anz Bank CFO Australia resigns; 3) Nicaraqua Central Bank Pres Rosales resigns; 4) Credit Suisse Chief Joseph Tan resigns; 5) GERMAN PRESIDENT Christian Ruff resigns; 6) Royal Bank of Scotland Austrailin CEO Stephen Williams resigns; 7) Kuwait Central Bank CEO resigns; Cool Slovenia TWO largest Banks CEO's (2) resign; 9) Bank of India CEO Chaturvedi resigns; 10) Tamilnad Mercantile Bank CEO resigns; 11) GOLDMAN SACHS CEO Blankenfein to resign.

ARE WE ARE BEGINNING TO SEE THE FALL OF THE VAST CORRUPTION IN THE WORLD? MORE DETAILS WILL BE FORTHCOMING AS THIS UNFOLDS.


Resignations Global Banks ....

1. World Bank CEO Zoellick resigns

http://business.time.com/2012/02/15/world-bank-president-zoellick-resigns/

2. Anz Bank CFO Australia resigns

http://www.proformative.com/news/1470243/cfo-anz-bank-resigns-amid-turmoil

3. Nicaraqua Central Bank Pres Rosales resigns

http://www.bloomberg.com/news/2012-02-14/nicaragua-central-bank-head-quits-amid-row.html

4. Credit Suisse Chief Joseph Tan resigns

http://www.businessweek.com/news/2012-02-17/credit-suisse-s-private-bank-chief-asian-economist-tan-resigns.html

5. GERMAN PRESIDENT Christian Ruff resigns

http://www.dailymail.co.uk/news/article-2102524/German-President-Christian-Wulff-forced-resign.html

6. Royal Bank of Scotland Austrailin CEO Stephen Williams resigns

http://www.theaustralian.com.au/business/wall-street-journal/andrew-chick-to-lead-royal-bank-of-scotlands-australian-arm/story-fnay3vxj-1226272513981

7. Kuwait Central Bank CEO resigns

http://www.washingtonpost.com/business/industries/kuwait-central-bank-chief-resigns-amid-political-tensions/2012/02/13/gIQAcxrOAR_story.html

8. Slovenia TWO largest Banks CEO's (2) resign

http://www.bloomberg.com/news/2012-02-15/slovenia-s-nova-kreditna-banka-maribor-ceo-plos-resigns.html

9. Bank of India CEO Chaturvedi resigns

http://www.livemint.com/2012/02/06160111/Dhanlaxmi-Bank-CEO-Amitabh-Cha.html

10. Tamilnad Mercantile Bank CEO resigns

http://www.business-standard.com/india/news/tamilnad-mercantile-bank-md-resigns/464259/

11. GOLDMAN SACHS CEO Blankenfein to resign.
http://www.huffingtonpost.com/2011/05/06/lloyd-blankfein-goldman-s_n_858647.html?
JERSEY CITY, New Jersey (Lauren Tara LaCapra) - Goldman Sachs Group Inc Chairman and Chief Executive Lloyd Blankfein said he is not stepping down, despite media reports that he has plans to resign


SPECULATION IS UP TO 5000 ARRESTS AND MANY MORE RESIGNATIONS


http://www.themistsofavalon.net/n4208-11-resignations-coming-now-today-from-bank-ceo-s-around-the-globe

5T WD haha

BMFL<OD

next week(s) is here

Fortress Financial Group (fka FFGO)

http://investorshub.advfn.com/boards/board.aspx?board_id=3111

North American Gold & Minerals Fund (NMGL)   

Moderators: AlanC, SevenTenEleven, Rocket Man, Texan77, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=16265

Hunt Gold Corporation (HGLC) 

Moderators: SevenTenEleven, Rocket Man, CIBOLA, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=11344

http://investorshub.advfn.com/boards/profilea.aspx?user=36453

This one has been one of our regular bashers at FFGO/HGLC

Must of been court ordered, he used his real name.


  Tavycal     Share   Monday, February 20, 2012 9:18:03 PM 
Re: None     Post #  of 43921   

"Please accept my apology to James B. Morris and to Lecere Corporation. All of the potentially damaging and harmful statements I have made in the past against both Morris and Lecere are admittedly defamatory statements.
I have made these defamatory statements without any proof that they have merit. I have no idea whether there is any truth to any of these statements. I do not have and have never in the past had any evidence or any other form of proof for any potentially damaging or harmful statements that I have made against Morris or Lecere.
Ottavio Calvarese (TavyCal)

If you cant dazzle them with brilliance then baffle them with BS"~Tavycal

I guess Tavycal may want to change his signature at the end of his posts!




http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72325721

http://investorshub.advfn.com/boards/board.aspx?board_id=5798

Ottavio (Tavy) Calvarese Jr. | Chester High School | Chester, PA ...
Ottavio (Tavy) Calvarese Jr. 1977 graduate of Chester High School in Chester, PA is on Memory Lane. Get caught up with Ottavio (Tavy) and other high school alumni ...

www.classmates.com/directory/public/memberprofile/list.htm?regId=...

http://www.globenewswire.com/newsroom/news.html?d=215209

Lecere Files Second Lawsuit in Delaware
* Reuters is not responsible for the content in this press release.
Wed Mar 2, 2011 9:02am EST

http://www.reuters.com/article/2011/03/02/idUS146734+02-Mar-2011+GNW20110302


PORTLAND, Ore., March 2, 2011 (GLOBE NEWSWIRE) -- Lecere Corporation (Pink
Sheets:LCRE), a software development company, announced today that it has filed
a second lawsuit in Delaware. The new lawsuit names Delaware resident Ottavio
Calvarese as the defendant. Lecere charges that Calvarese has been publishing
false and defaming information about Lecere and its Chief Executive Officer,
James B. Morris, causing damage to both the company and its CEO's reputation.

The suit alleges that Calvarese frequently publishes disparaging information on
the popular investor website called Investors Hub (iHub); a forum for investors
that provides data concerning publicly traded companies and is sometimes used by
investors for due diligence purposes.

The founder and former owner of iHub, Matthew Brown, recently pleaded guilty in
the United States District Court in Delaware to criminal charges involving stock
fraud and money laundering through the use of the iHub forum.

"Our supporters should rest comfortably in knowing that Lecere is making
excellent progress despite the hardships brought about by this egregious
defamation," said Dr. Morris.

About Lecere

Lecere Corporation (Pink Sheets:LCRE) of Portland, Oregon develops and markets
Lecere FIRMS(TM), an integrated, Web-based suite of interactive restaurant
management software that runs on handheld wireless devices. FIRMS helps
restaurants reduce their operational costs while enhancing their customers'
experiences for increased revenues and profits. Visit our website www.lecere.com


Here's Tavycal's last post at FFGO,  the self- proclaimed scam expert!


  Tavycal     Share   Tuesday, February 14, 2012 4:03:10 PM 
Re: Doubleday post# 194852     Post #  of 195243   

I doubt because of my experience with scams. FFGO revoked and to never be heard from again. On purpose.

5T WD haha

BMFL<OD

next week(s) is here

Who's next


http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI

Last edited by Bull Finch (2012-02-27 22:04:27)

Fortress Financial Group (fka FFGO)

http://investorshub.advfn.com/boards/board.aspx?board_id=3111

North American Gold & Minerals Fund (NMGL)   

Moderators: AlanC, SevenTenEleven, Rocket Man, Texan77, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=16265

Hunt Gold Corporation (HGLC) 

Moderators: SevenTenEleven, Rocket Man, CIBOLA, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=11344



  Rocket Man     Share   Wednesday, February 22, 2012 10:46:57 PM 
Re: None     Post #  of 195278   

FFGO needs a few more quotes like this quote below..? If FFGO had this type of entity to help (imo) drive the stock where it is today, one of the largest most massively shorted stocks I can find there is a bigger problem than I thought.. Since the company is revoked and yet to declare itself to date, and if it is part of actions that are indirectly or directly comparable to it, we have a bigger problem than I thought. I can see lists of these types of apologies to come..


Quote:
--------------------------------------------------------------------------------
Please accept my apology to------------ and to ----------. All of the potentially damaging and harmful statements I have made in the past against both XXXXX and XXXXXX are admittedly defamatory statements.

I have made these defamatory statements without any proof that they have merit. I have no idea whether there is any truth to any of these statements. I do not have and have never in the past had any evidence or any other form of proof for any potentially damaging or harmful statements that I have made against XXXXXX is or XXXXXX.
--------------
--------------------------------------------------------------------------------


Edit was mine, RM

  Rocket Man     Share   Wednesday, February 22, 2012 10:52:35 PM 
Re: puppydotcom post# 195270     Post #  of 195278   

I wonder if in time will see more apologies in regard to FFGO?

  Rocket Man     Share   Wednesday, February 22, 2012 10:57:07 PM 
Re: AlanC post# 195271     Post #  of 195278   

FFGO has followers that in light are not doing so well. Looks like if FFGO was to follow suit, like others in the news, this place would be a ghost town.. Except for longs..

  Rocket Man     Share   Wednesday, February 22, 2012 11:01:43 PM 
Re: Mike2211 post# 195273     Post #  of 195278   

Should have checked the volume in FFGO before trying to trade that many.. lol

Live by the Sword, Die by the Sword!

5T WD haha

BMFL<OD

next week(s) is here

Who's Next!


http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI

Fortress Financial Group (fka FFGO)

http://investorshub.advfn.com/boards/board.aspx?board_id=3111

North American Gold & Minerals Fund (NMGL)   

Moderators: AlanC, SevenTenEleven, Rocket Man, Texan77, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=16265

Hunt Gold Corporation (HGLC) 

Moderators: SevenTenEleven, Rocket Man, CIBOLA, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=11344


  Lebron23     Share   Thursday, February 23, 2012 11:19:59 AM 
Re: SevenTenEleven post# 195293     Post #  of 195319   

Dividend has actually already been played.....now we're waiting to be paid. Management knows what they are doing.

  paunch13     Share   Thursday, February 23, 2012 11:21:07 AM 
Re: tgarfield post# 195298     Post #  of 195319   

tgarfield
They have purposly kept everything hid so that shorty doesn't know anything and that is the way they want it kept, It won't be long now before everything wil be in the open and we can watch shorty run but he can't hide
John

  paunch13     Share   Thursday, February 23, 2012 11:25:53 AM 
Re: alien42 post# 195303     Post #  of 195319   

Alien
And don't you just hate it that you can't find out what is going on with FFGO and you won't until they are ready
John

  mwab52     Share   Thursday, February 23, 2012 11:26:38 AM 
Re: alien42 post# 195303     Post #  of 195319   

But yet and still! Here we are waiting? Right? Hold onto those shares.(FFGO)

Quote:~alien42
--------------------------------------------------------------------------------
that has to be the most absurd excuse for a scam like FFGO i have ever read.
--------------------------------------------------------------------------------

  Lebron23     Share   Thursday, February 23, 2012 11:26:53 AM 
Re: alien42 post# 195303     Post #  of 195319   

I agree with paunch13; the trap has been set by management to capture you know who.

  paunch13     Share   Thursday, February 23, 2012 11:30:23 AM 
Re: Lebron23 post# 195306     Post #  of 195319   

Lebron23
Right and they will not find out anything until the trap is sprung and we can watch the crying and they will have to give back severl bilion and this is just the beginning because others will come in latter until shorty is cleand out of all his stolen money
John

Public Reply | Private Reply | Keep | Last Read Post New Msg Replies (1) | Next 10 | Previous | Next

  mwab52     Share   Thursday, February 23, 2012 11:40:27 AM 
Re: alien42 post# 195307     Post #  of 195319   

Or! Those that are unable to accept shortie has a big (FFGO) problem.Hold onto those shares.(FFGO)

Quote:~alien42
--------------------------------------------------------------------------------
no, i know exactly what is going on with FFGO, just like everyone else, except those who are unable to accept the fact that FFGO is a scam.
--------------------------------------------------------------------------------

  Vianna     Share   Thursday, February 23, 2012 11:49:18 AM 
Re: SevenTenEleven post# 195293     Post #  of 195319   

Exactly, Seven! Company has stayed quiet...I won't deny "a bit" too quiet but as long as there is no official cancellation ...which could very easily be done with the "blink of an eye," the Divy is STILL ON, because it can happen regardless of the stock being revoked or the Company dissolved.

Thank you again for keeping all of us longs so very well informed with the FACTS.

Also, Kudos to TavyCal!!

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72325721

Maybe FFGO will get the same honor "one day."

V

  mwab52     Share   Thursday, February 23, 2012 11:55:15 AM 
Re: alien42 post# 195313     Post #  of 195319   

But yet and still! Here we are waiting on an update.I wonder why? Hold onto those shares.BTW! Seems like the posters here have no problem with there investment.Seems like it's the so call non-investors that have a problem.I wonder why? Hold onto those shares.(FFGO)

Quote:~ alien42
--------------------------------------------------------------------------------
i don't accept the suggestion that there was ever a signficant short position in FFGO and i have never had a financial interest in this scam either.

so how exactly do i have a "big problem" as you put it?

the only people who have a problem here are those who lost their money in this scam. same story that has been repeated hundreds, if not thousands of times.
--------------------------------------------------------------------------------

  mwab52     Share   Thursday, February 23, 2012 12:09:17 PM 
Re: alien42 post# 195317     Post #  of 195319   

Or! Could it be the fear of what is about to happen in (FFGO-Land).BTW! Always remember....Numbers never Lie! And i believe Finra has all the Numbers! Just a matter of win.Hold onto those shares.(FFGO)

  Lebron23     Share   Thursday, February 23, 2012 11:23:07 AM 
Re: puppydotcom post# 3000     Post #  of 3001   

"couple steps away from .0001".....maybe you should short it.
ASPA Gold Corp. (RENS)

  mwab52     Share   Thursday, February 23, 2012 12:56:50 PM 
Re: unevilfavouredness post# 195320     Post #  of 195325   

Wow! I wonder who's scamming whom.Hold onto those share.(FFGO)

Quote:
--------------------------------------------------------------------------------
Does anyone know if the SEC has siezed any assets? Is there any DD on the SEC's DD, can we get an ESQ to answer these questions we common P.E.O.P.L.E. may have with our limited understanding of the world around us with our mere bachelor's degrees in this or that....come on? What's up with our dividend>? How can I create a fake company with claims in Arizona gold mines and a CUSIP number and run off with millions of dollars without there ever being a trace like these guys seem to have accomplished? I think I get it now, this is just like those phony real-estate rental adds where a guy in Nigeria picks up a rental book, changes the locks on the house by getting the Verizon internet hooked on and meeting the tech with a "utility bill", renting a Car from Enterprise with that bill and parking the car in the driveway with all the proper paperwork, and resubmits the rental picture and contact information with his own, and then rents the place out for a few months until the scheme all the while the rich trust fund baby who is too cheao to hire a veteran starving through college to live in the house as a "platoon sergeant" is off in Vancuver blowing his daddy's money with his new husband & wife in a polynomial equation with Justin Timberlake & I"m On A Boat guy from SNL laughing it all the way to the bank.

  AlanC     Share   Thursday, February 23, 2012 1:14:46 PM 
Re: Vianna post# 195314     Post #  of 195330   

Vianna: In all fairness I think that was TavyCal's final post. I feel badly for him because I think he honestly believed in what he was doing. There may be others in his boat and hopefully they will realize based on what has happend so far to him that they are being used and stop. That being said I never considered him to be one of the what I call professional posters whom earn their livelyhood posting. Those posters using different aliases work the pump and then work the dump again using different aliases so that money is made on both the way up and on the way down. For this group the greatest success they can have is helping to cause a firm to file for bankruptcy and having the shareholders lose everything. In that case it is all profit as no shares that were shorted ever have to be covered.
FFGO management devised a plan that has captured these folks and they have no escape and since time is money they are not happy campers. Interesting days ahead. Go FFGO!!!
Dividends of 3400%+ are worth waiting for!

  AlanC     Share   Thursday, February 23, 2012 1:54:33 PM 
Re: ctrumabll post# 195332     Post #  of 195337   

Seems to have trapped a lot of folks who never owned a share which causes those of us who do own to suspect that instead you owe shares! Go FFGO!!!
Dividends of 3400%+ are worth the wait!

  mwab52     Share   Thursday, February 23, 2012 4:56:47 PM 
Re: None     Post #  of 195344   

Wow! Hold onto those shares...(FFGO)

  paunch13     Share   Thursday, February 23, 2012 5:07:12 PM 
Re: mwab52 post# 195344     Post #  of 195345   

mwab52
I agree 100 % , it won't be long now before we are all rich and the others will all be poor or worse
John

  mwab52     Share   Thursday, February 23, 2012 5:43:54 PM 
Re: None     Post #  of 195353   

Wow! Looks like the pressure is building in short land....jmo...Just think! Finra daily numbers were tracked and documented for months.And reported to Finra which they had no answer.Why (FFGO) had been shorted over 90% for months on end.BTW! A few weeks later (FFGO) was revoked.I wonder why? I think shortie will need to answer those ???? real soon.Pressure and more pressure.Hold onto those shares.(FFGO)




Attitude Drinks Inc (ATTD)

http://investorshub.advfn.com/boards/board.aspx?board_id=15276
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72431370

  smoke_em     Share   Thursday, February 23, 2012 7:57:10 AM 
Re: None     Post #  of 15866   

I really believe its all about MM's, HUGE short positions in the penny stocks, when a MM gets in over their head and a stock rises on big volume, they call the DTCC to shut down trading and they never have to cover that short position. (SFI*) When giants like Ameritrade only allow you to sell and not buy, the stock can't make a market any longer. Take my word for it, other brokers WILL follow Ameritrade's stance on ATTD.



Live by the Sword, Die by the Sword!

5T WD haha

BMFL<OD

next week(s) is here

Who's Next!


http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI

Stay one step ahead of the Hyenas!

Last edited by Bull Finch (2012-02-23 16:55:55)

Fortress Financial Group (fka FFGO)

http://investorshub.advfn.com/boards/board.aspx?board_id=3111

North American Gold & Minerals Fund (NMGL)   

Moderators: AlanC, SevenTenEleven, Rocket Man, Texan77, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=16265

Hunt Gold Corporation (HGLC) 

Moderators: SevenTenEleven, Rocket Man, CIBOLA, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=11344


  diamondguru-one     Share   Thursday, February 23, 2012 6:48:29 PM 
Re: A deleted message     Post #  of 195395   

NEW COMPANY ????

Conglomerate ????

BUYOUT ????

"10,000,000 PLUS ounces of GOLD" just dont go poooooof in the night...

I'll wait patiently for 3400% PLUS ROI....and that's a BIG "PLUS"!!

IMHO

  mwab52     Share   Thursday, February 23, 2012 7:02:46 PM 
Re: puppydotcom post# 195357     Post #  of 195395   

It's funny how some would want (FFGO) shareholders to believe the lights have been turned off in (FFGO-Land) win the (SEC) will be forced to turn them back on.Shortie has a problem.The Finra numbers dont lie 90% short for about 1yr or more.Pressure and more pressure.(FFGO)

  SevenTenEleven     Share   Thursday, February 23, 2012 7:08:10 PM 
Re: puppydotcom post# 195358     Post #  of 195396   

FFGO - Dividend still in play!

Nothing from company canceling it or exercising clauses to cancel it.

Would love one piece of proof provided by the company that they have "scammed" investors.

All one has to do is call them or email them.

Oh wait....

They made it clear that they would be communicating only through SEC filings and an email when the record and payment date's are set.

Looks like those short have to carry the cost of money a little bit longer.

Tic Toc

  mwab52     Share   Thursday, February 23, 2012 8:00:39 PM 
Re: Nitwit post# 195366     Post #  of 195396   

There's no were to run and no where to hide.Finra daily shorts for (FFGO) showes the truth.The documentions from this board must be having an effect with the (SEC) non-enforcment.(SEC) had to put a stop to the daily shorts position of 90 to 100%.Because Finra daily short positions was making them look very bad.BTW! (SEC) has a hole lot of explian to do if they dont fix this problem.Shortie will pay! Time to divvy up.Hold onto those shares.(FFGO)

  SevenTenEleven     Share   Thursday, February 23, 2012 8:09:55 PM 
Re: alien42 post# 195363     Post #  of 195396   

The Finra numbers dont lie - mwab52

no they don't, unfortunately the FINRA daily numbers are often mis-understood and mis-represented. the fact is they do not represent actual short positions. - alien42

No one claims that the daily numbers are "short interest". What they are pointing out, is that 90% of the daily volume was shorted (nearly 2B shares worth), which inevitably leaves a short interest position.

Since the bimonthly short interest numbers are often under reported and under inclusive for OTC (per FINRA), it isn't surprising that the aggregate short volume wasn't translating into bimonthly short interest.

The other surprising fact is that the bimonthly short interest numbers ceased to be reported after the last 8-K by the company.

Very strange indeed!

I am sure FINRA will get down to the bottom of it.

Shareholders ARE following up with the SEC, FINRA, and the department of the Treasury.

Good Luck!

  SevenTenEleven     Share   Thursday, February 23, 2012 8:19:31 PM 
Re: alien42 post# 195374     Post #  of 195396   

the SEC suspended and revoked this scam, what more of an explanation do you need? - alien42

The revocation has nothing to do with the dividend.

Inferring that the SEC shut the company down because they promised a 3449% ROI IS furthest from the truth.

Those short are in a very risky and soon to be costly position.

Hold on to those shares shareholders!

Market makers NEED retail investors to write them down so they could close them out BEFORE the record date!

Be an educated investor and do your own DD on the 8-K filings, the State of Wyoming statutes, FINRA's position on the ability for FFGO to pay shareholders, and the SEC revocation.

Many of us have collected information from all of these sources and we feel confident that our dividend is safely tucked until it is ready to be distributed.

Once the US Treasury realizes the lost tax opportunity on FFGO and on many other OTC targets, if Shorty has his way, there will be swift action and swift changes to the distribution of settlements to shareholders.

Each and every Reverse Split created a shareholder of record list with both the brokers, and the TA.

Very easy to go back many years to reimburse shareholders for their ill-taken losses.

Tic Toc

  AlanC     Share   Thursday, February 23, 2012 8:19:42 PM 
Re: SevenTenEleven post# 195373     Post #  of 195397   

The only lie in the FINRA short sales numbers for FFGO is that they are not high enough at 90%+. It is likely they should have been reported at 100% short sales since FINRA and the SEC both agree that UBSS and Credit Suisse were mismarking trades and calling short sales as long sales. So every share purchased by anyone who purchased FFGO shares since August of 2010 likely purchased non existant shares, almost 2 billion of them sold. On top of that we know the company complained about the fact that its shares were being naked shorted way back in 2005 and 2006.
Only the shorts know just how many shares in total they are short here but we all know the number is huge. I can certainly understand the panic about having the dividend payment date announced. Some folks are having sleepless nights no doubt. Go FFGO!!!
Dividends of 3400%+ are worth waiting for!

  JimGWD     Share   Thursday, February 23, 2012 8:27:32 PM 
Re: unevilfavouredness post# 195320     Post #  of 195397   

The SEC can seize assets with litigation. The Federal Bureau of Investigation can seize assets without litigation once it is determined that a crime was committed and the associated parties intend to flee the country. If the FBI seizes Fortress Financials gold mines, the mines would be sold at auction and the proceeds given to the investors of FFGO. The FBI does it routinely. If the gold mines are sold at auction, the mines would be bought at a much higher price than the current FFGO/NMGL agreement. Reason being the price of gold has sky rocketed since the original FFGO/NMGL agreement and there are many individuals as well as organizations that would buy the mines because of the increase in value due to the increase in the price of gold. An FBI auction would bring a large amount of potential buyers because an FBI auction is a no strings attached outright sell for a profit to pay the original investors. No complicated legal entanglements like the FFGO/NMGL agreement. Go FBI and be millionaires in less than six months. Go FBI.

  OldBen     Share   Thursday, February 23, 2012 8:32:20 PM 
Re: alien42 post# 195363     Post #  of 195397   

The problem with the position that FINRA numbers are misinterpreted and misunderstood is the assumption that conditions surrounding supply and demand are always the same. The assumption for short numbers not being short numbers goes something like this. There is never any shares available to "sell" to a buyer, so, our good friend, the market maker, has to labor to borrow shares and buy them back when supply becomes available. Since, the market maker had to borrow the shares they are recorded as short volume.

Under this theory, you might assume that since short volume is 90% that 90% of the time, market makers borrowed shares. You should see days where there were plenty of sellers, so, market makers had no need to borrow shares. Those days there would be 0% short volume. Are there many or any days with 0% short volume. Every day there is a battle between buyers and sellers. Buyers win some days. Sellers win some days.

If buyers win every day and there are no sellers and market makers have to borrow shares to sell to the buyers, WHAT SHOULD HAVE HAPPENED???

What should have happened is the price should have went through the roof. The price should keep rising until sellers begin to appear. The only thing that stops that cycle is naked shorting.

  OldBen     Share   Thursday, February 23, 2012 8:39:54 PM 
Re: OldBen post# 195379     Post #  of 195397   

If buyers win every day and there are no sellers and market makers have to borrow shares to sell to the buyers, WHAT SHOULD HAVE HAPPENED???

What should have happened is the price should have went through the roof. The price should keep rising until sellers begin to appear. The only thing that stops that cycle is naked shorting.

Without the constant pounding of selling overwhelming the buying of FFGO we would have had a rising share price. If 9 out of 10 sales are sellers flooding the market with fake shares then any stock would never go up.

  OldBen     Share   Thursday, February 23, 2012 8:42:10 PM 
Re: OldBen post# 195381     Post #  of 195397   

FFGO has been pounded from the $4 mark all the way down to the cellar boxed .0001 When 9 out of 10 sales are sellers overwhelming buyers then the price can only go down.

  OldBen     Share   Thursday, February 23, 2012 8:46:38 PM 
Re: OldBen post# 195383     Post #  of 195397   

If short volume is not short volume then the price of FFGO should have went up. Buyers overwhelm sellers. Instead we have sellers overwhelm buyers and we are told there are no buyers and that the market makers are doing us a favor by borrowing shares for us to buy now while the market maker finds a buyer days later.

  JimGWD     Share   Thursday, February 23, 2012 8:54:31 PM 
Re: None     Post #  of 195398   

President Barak Obama versus Fortress Financial Group

President Obama established the inter-agency Financial Fraud Enforcement Task Force to wage an aggressive, coordinated, and proactive effort to investigate and prosecute financial crimes. The task force includes representatives from a broad range of federal agencies, regulatory authorities, inspectors general, and state and local law enforcement who, working together, bring to bear a powerful array of criminal and civil enforcement resources. The task force is working to improve efforts across the federal executive branch, and with state and local partners, to investigate and prosecute significant financial crimes, ensure just and effective punishment for those who perpetrate financial crimes, combat discrimination in the lending and financial markets, and recover proceeds for victims of financial crimes.

Attorney General Eric Holder Launches Consumer Protection Working
Group to Combat Consumer Fraud

Working Group Created Under President Obama’s Financial Fraud Enforcement Task Force Brings Together Federal, State, and Local Partners

U.S. Department of Justice February 13, 2012

Office of Public Affairs (202) 514-2007/TDD (202)514-1888

WASHINGTON—The Consumer Protection Working Group, formed under President Barack Obama’s Financial Fraud Enforcement Task Force (FFETF), convened its first meeting in Washington, D.C., today to address consumer fraud, which can financially cripple households and can cause extensive losses to our economy. The newly created group will work across federal law enforcement and regulatory agencies, and with state and local partners, to strengthen efforts to address consumer-related fraud, including schemes targeting vulnerable populations, such as the unemployed, those in need of payday loans, and those suffering from the burden of high credit card and other debt. The new working group will also focus on scams that exploit prospective students, active-duty military personnel, and veterans.

“The schemes we are combating are as diverse as the imaginations of those who perpetrate them, and as sophisticated as modern technology will permit. Thanks in large part to the leadership of the President’s Financial Fraud Enforcement Task Force we are tackling financial fraud, in all its forms, head on,” said Attorney General Eric Holder. “Through the extensive and coordinated partnership we start today, we will strengthen our collective efforts, enhance civil and criminal enforcement of consumer fraud and educate the public in an effort to prevent consumers from being victimized in the first place.”

Attorney General Holder delivered remarks at today’s meeting which was convened by FFETF Executive Director Michael Bresnick along with the working group’s co-chairs: Assistant Attorney General for the Department of Justice’s Civil Division Tony West, Assistant Attorney General for the Department of Justice’s Criminal Division Lanny Breuer, U.S. Attorney for the Central District of California André Birotte and Director of the Bureau of Consumer Protection for the Federal Trade Commission (FTC) David Vladeck. Another co-chair, Director of Enforcement for the Consumer Financial Protection Bureau Kent Markus, was unable to attend the meeting.

“We know all too well how opportunistic fraudsters have adapted their schemes to take advantage of consumers facing financial hardships, using false promises of mortgage modification, debt relief, and job placement, to name a few. Since 2009, the FTC has brought over 90 cases to stop these scams,” said Director of the Bureau of Consumer Protection for the FTC David Vladeck. “This partnership will only serve to enhance our collective efforts to protect consumers.”

The Consumer Protection Working Group will address several areas of concern, including payday lending and other high-pressure telemarketing or Internet scams, business opportunity schemes, for-profit schools that engage in fraud or misrepresentation, and fraudulent third party payment processors that facilitate payments on behalf of other fraudsters without the permission of the customer.

At today’s meeting, the Consumer Protection Working Group members set priorities and discussed taking collaborative steps to continue to seek out and prosecute consumer fraud as well as protect consumers from fraud before it happens through outreach and education. The new working group plans to establish a best-practices tool kit, legislative, regulatory and policy initiatives, and an information sharing structure.

Other members of the Consumer Protection Working Group include representatives from the Department of Treasury, FBI, Internal Revenue Service-Criminal Investigation, Federal Deposit Insurance Corporation, U.S. Secret Service, Financial Crimes Enforcement Network, Executive Office for U.S. Attorneys, Department of Education’s Office of the Inspector General, U.S. Trustee Program, the National Association of Attorneys General, U.S. Postal Inspection Service, the Office of the Comptroller of the Currency, the Federal Reserve Board, and the National Credit Union Administration. The state attorneys general are represented on the working group by Attorney General Lisa Madigan from Illinois, Attorney General Greg Zoeller from Indiana, and Attorney General Roy Cooper from North Carolina.

The Consumer Protection Working Group is part of ongoing enforcement efforts by President Obama’s Financial Fraud Enforcement Task Force. President Obama established the interagency Financial Fraud Enforcement Task Force to wage an aggressive, coordinated, and proactive effort to investigate and prosecute financial crimes. The task force includes representatives from a broad range of federal agencies, regulatory authorities, inspectors general, and state and local law enforcement who, working together, bring to bear a powerful array of criminal and civil enforcement resources. The task force is working to improve efforts across the federal executive branch, and with state and local partners, to investigate and prosecute significant financial crimes, ensure just and effective punishment for those who perpetrate financial crimes, combat discrimination in the lending and financial markets, and recover proceeds for victims of financial crimes.

Since its formation, the task force has made great strides in facilitating increased investigation and prosecution of financial crimes; enhancing coordination and cooperation among federal, state, and local authorities; addressing discrimination in the lending and financial markets; and conducting outreach to the public, victims, financial institutions, and other organizations. Task force members have charged a record number of mortgage fraud cases in the past two years, trained more than 100,000 professionals responsible for awarding and overseeing Recovery Act funds and held regional summits around the country to discuss strategies, resources and initiatives, as well as to meet with communities most affected by the financial crisis.

Learn more about the Financial Fraud Enforcement Task Force at www.stopfraud.gov.

  SevenTenEleven     Share   Thursday, February 23, 2012 8:55:20 PM 
Re: alien42 post# 195380     Post #  of 195399   

no, the problem is that the FINRA daily numbers are incomplete data. there are many different kind of trades that show up on that list which is why FINRA releases the bi-monthly numbers which do represent actual open short positions. - alien42

FINRA makes it very clear that the daily and the bimonthly numbers are likely under reported and under inclusive for OTC stocks such as FFGO.

FINRA does not state that the short numbers are over inclusive and over reported.

It is very clear from the UBS and Credit Suisse judgments that FINRA is right on target!

Tic Toc

  SevenTenEleven     Share   Thursday, February 23, 2012 9:02:04 PM 
Re: alien42 post# 195382     Post #  of 195399   

there are no 'fake shares' of FFGO held in any brokerage accounts. every single share held is part of the 75 Billion OS.

everytime 'fake shares' or 'phantom shares' are mentioned it is regarding diluted scams like FFGO. - alien42

Plenty of stocks have been the target of naked short selling. And a number of those companies were not "scams" like FFGO. Although the GS's and the LB's of the world were likely ones doing the scamming before they too were scammed. All of this has been confirmed and made public. Yet it appears some do not want to acknowledge it.

I would suspect that TDA, ST, and possibly ET have billions of "book entries" in their accounts for place markers (IOU's) their market makers have deposited.

It would make sense for both parties to get shareholders to write down their shares as worthless, now would't it?

How easily those "book entries" would be closed and "taken off the books".

Regarding the 75B shares...

Nearly all of those shares are sitting in cert form. Not in retail traders' accounts.

How many does CEDE hold to back up retail shareholders? That would be a valuable piece of DD, now wouldn't it?

Tic Toc

  Rocket Man     Share   Thursday, February 23, 2012 9:04:05 PM 
Re: SevenTenEleven post# 195388     Post #  of 195400   

Totally accurate Seven! The data from FINRA posted ump-teen times hasn't changed, just the spin on it here at FFGO!has. FFGO was massively shorted to no end.. 90%+ for two years running.. Remember the cold winter day of 02/17/2011.. A whole lot of shares traded that day. Some 500 mil and 99% we all short volume. 2010 FFGO was coming of 80% + and that clinched it.. No one should ever trade again if they can't see the facts there.. FFGO is so unique it will go down in history, as I see it. It will just take one non biased person in power to get the truth out. Shorty was live and well in FFGO for many years.. Time to pound Shorty Teahapoo style..

  OldBen     Share   Thursday, February 23, 2012 9:04:55 PM 
Re: alien42 post# 195384     Post #  of 195400   

Short Volume -- Why was there a need for market makers to borrow shares??

If the price is falling and there are plenty of sellers then there is no need to borrow shares. Sellers overwhelm buyers.

Please explain in terms of buyers and sellers how a market maker would need to borrow shares short to give to a buyer?????

If the price is getting pummelled from $4 to "nothing" there theoritically should be oodles and oodles of sellers knocking the price down. Why would a market maker need to PERSONALLY borrow shares himself to give to a buyer???

  SevenTenEleven     Share   Thursday, February 23, 2012 9:07:55 PM 
Re: OldBen post# 195383     Post #  of 195400   

OldBen, from $4 down to cellar boxed, each and every shareholder of record on the date of each and every reverse split can be accounted for.

Naked short positions, existing as "book entries" with the brokers, would have been reversed just like every other legal share and short. The problem with that is they would have been reverse splitting an illegal position.

So not only did they illegally sell and manipulate the PPS from $4 down to no bid, they also illegally reverse split shares that had no right being in the system.

Those ill-gotten gains should be seized, forfeited, and distributed to shareholders of record.

Those truly "scammed" deserve to be compensated for being the victims of a crime. How could anyone disagree with shareholders being made whole, or close to it.

  SevenTenEleven     Share   Thursday, February 23, 2012 9:09:07 PM 
Re: alien42 post# 195384     Post #  of 195400   

FFGO - Settlement for $4/share woks for me!

Shareholders who have been scammed deserve retribution and distribution of any settlements captured.

Tic Toc

  OldBen     Share   Thursday, February 23, 2012 9:13:19 PM 
Re: alien42 post# 195393     Post #  of 195400   

There are hundreds...They even have websites detailing the individual tickers.

  SevenTenEleven     Share   Thursday, February 23, 2012 9:16:35 PM 
Re: alien42 post# 195389     Post #  of 195401   

the FINRA daily numbers are similar in pump and dump scams like FFGO. - alien42

Correct! Very similar patterns for OTC stocks that are being pumped by one arm of a short and distort organization.

FFGO has been very profitable for those shorting and distorting. All the way from $4 to no bid.

Tic Toc

  OldBen     Share   Thursday, February 23, 2012 9:17:53 PM 
Re: SevenTenEleven post# 195394     Post #  of 195401   

Absolutely, an illegal domino makes another domino fall, compounding the damage and criminal severity.

  OldBen     Share   Thursday, February 23, 2012 9:21:51 PM 
Re: alien42 post# 195396     Post #  of 195403   

That didn't answer the question. There should be electronic buys and sells matched without MMs borrowing shares. There should be no need to borrow shares when the price per share is going down. I will say it again. There should be no need to borrow shares when the price per share is going down.

  SevenTenEleven     Share   Thursday, February 23, 2012 9:23:15 PM 
Re: alien42 post# 195396     Post #  of 195404   

MMs legally short, typically on an intraday basis in order to keep a fluid market. the same shares often trade hands dozens of times per day and those trades are among those reflected on the FINRA daily list. - alien42

Correct again!

And if they are legally shorting, and those shares are trading hands dozens of times per day, and those trades are being "reflected" on the FINRA daily numbers, then how are those "legal" short positions closed out completely when nearly 100% of the volume for the day is short volume?

Better yet, when it can be confirmed that only one or two retail BUYERS accounted for 100% of the total volume for that day?

Oh Wait!

  SevenTenEleven     Share   Thursday, February 23, 2012 9:32:33 PM 
Re: OldBen post# 195400     Post #  of 195410   

FFGO - They must continue to short to fill orders since allowing buying of long position would be very problematic for them. They also can't cover without buying someone else's short sold phantom shares.

$4/shares sound like a good starting point to me.

  OldBen     Share   Thursday, February 23, 2012 9:40:29 PM 
Re: alien42 post# 195405     Post #  of 195410   

electronic trading for MMs happens in seconds, matching between MMs does not.

True, when buyers and seller match electronically. Borrowing, by MMs does not

  OldBen     Share   Thursday, February 23, 2012 9:43:47 PM 
Re: SevenTenEleven post# 195407     Post #  of 195410   

Agreed!! A heavily margined MM would be crushed if his short shares were allowed to appreciate upwards.

  SevenTenEleven     Share   Thursday, February 23, 2012 10:26:35 PM 
Re: OldBen post# 195409     Post #  of 195412   

So instead of allowing the market to correct itself, the heavily margined market maker continues to suppress the PPS of the stock with additional naked short sales.

  SevenTenEleven     Share   Thursday, February 23, 2012 11:07:00 PM 
Re: underdog150 post# 195413     Post #  of 195414   

OldBen, when someone put in a trade to buy 10 million shares FFGO stock at the ask, how do you think the trade got filled in seconds after someone placed it?
This stock had 8 MM's before it was revoked, which means all trades were routed to them and your broker had no idea which had 10 million available to cover your trade. If your broker routed your trade to nite, and he only had 3 million shares available, golly gee, your trade still filled in seconds because he is a listed FFGO MM. Now nite has to contact one or more of the other 7 FFGO MM's to cover your trade, and here is the important part, it is listed as SHORT, because nite only had 3 million shares available at the time of that trade. All these trades are covered within minutes or hours, but they will still show as a short sale because the MM was short at the time the trade occurred. The daily short list promoted on many boards as an actual short is nothing more than a promotional tool. - underdog150

Interesting theory! Problem with it is, when the short volume was 100% on any given day, it was NITE, and only NITE, filling on nearly all occasions. There was an occasional fill by ETMM. In fact, it is very easy to tell that it was NITE, ONLY on certain days!

If a 20MM share buy came in, and NITE's offer at $0.0001 dropped by 20MM, then one could be 100% certain it was NITE filling the order. NITE was offering hundreds of millions of shares, at $0.0001, on a daily basis. No need for NITE to contact one of the other 7 MM's, on the offer, when NITE had so many shares offered. 100% confirmed that NITE's offer on Level 2's was reduced by exactly as many shares as they shorted on any given day.

Good Luck!


5T WD haha

BMFL<OD

next week(s) is here

Who's Next!


http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI

Stay one step ahead of the Hyenas!

Last edited by Bull Finch (2012-02-23 22:10:03)

Hunt Gold Corporation (HGLC) 

Moderators: SevenTenEleven, Rocket Man, CIBOLA, Bull Finch

http://investorshub.advfn.com/boards/board.aspx?board_id=11344


  nonolaker     Share   Friday, February 24, 2012 2:33:53 PM 
Re: puppydotcom post# 31057     Post #  of 31060   

You have to be exhausted! Having to go to all these boards to share your wisdom. Take a break pal we won't miss you!

5T WD haha

BMFL<OD

next week(s) is here

Who's Next!


http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI

Stay one step ahead of the Hyenas!

Fortress Financial Group (fka FFGO)

http://investorshub.advfn.com/boards/board.aspx?board_id=3111


  OldBen     Share   Friday, February 24, 2012 6:43:47 PM 
Re: SevenTenEleven post# 195492     Post #  of 195514   

Two huge reasons to own FFGO. Gold is always going to be a strong store of value till the end of time. In fact, pop quiz, what would happen to the notional value of the over 700 TRILLION in derivatives and other debt if it were to become real?? See if this matches your answer: When does notional value become real value? That is, under what circumstance would a credit default swap require financing to 100% of its insurance undertaking? The answer is in default. So, if Greece or other countries default, that notional value of 700 TRILLION starts to become a REAL NUMBER. If our U.S. GDP is only 14 trillion. I know what I want to own. Gold and silver and stock indexes. FFGO shareholders are in the drivers seat. The interest in gold will continue indefinitely. The dividend is based on gold.

There is no statute of limitations for naked shorters. Our good friend, Shorty, would like us to believe that revocations, taxes, administrative dissolutions, or other ploys somehow negate the crime our good friend has committed. Naked shorting will never go away. Someone, will rise and do the right thing. The Dark Ages of Naked Shorting will be a bookmark in the history of free trade. The longer I look at FFGO, the more I am convinced of the absolute certainty of the naked short position here.

Just this week, we have started discussing more in-depth the WHO, WHAT, WHEN on individual trading days. Looking at specific days, these blanket generalizations can longer be perpetuated. Looking at day by day by day and MM after MM after MM and NSS after NSS after NSS there is absolute certainty of NSS. The results we have had in the price, volume, MM buy and ask numbers, FINRA, REG SHO all only point to the absolute certainty of NSS.

We have asked for an example of 0% short volume or our non-NSS posters to provide some days where trading occurs as you describe it. We have provided months of 90% short volume and exactly how the days were traded.

So, Gold and Justice of Naked Shorting are two great reasons that FFGO will continue...

GO FFGO!!!!!!

  OldBen     Share   Friday, February 24, 2012 6:59:28 PM 
Re: SevenTenEleven post# 195489     Post #  of 195514   

I really like this developing theme of Short and Distort and the Short Dog.

Pump and Dump is a bad scheme that, may be at times, fraud. Despite the Pump and Dumper's persuasion, we as investors, still make a choice to invest or not to invest.

With the Short and Distort, we get no choice whether shares we own are real or electronic markers. We have little insight as Shorty is selling shares that he never intends to cover.

The Pump and Dump is the exact opposite. He proclaims to everyone what he is trying to pump.

The Short and Distort is a major crime of outright theft and hidden deception versus the pump and dump that can be marginally criminal when taken too far.

  OldBen     Share   Friday, February 24, 2012 7:09:54 PM 
Re: ctrumabll post# 195502     Post #  of 195514   

I have talked with a law firm that works on a contingency basis. We have had several conversations. I have not gotten a firm yes or no yet. No retainers mentioned to date. Thanks for asking.

  OldBen     Share   Friday, February 24, 2012 7:16:36 PM 
Re: OldBen post# 195503     Post #  of 195514   

FFGO is like many legal cycles. The housing bust you might argue started in 2009. Now in 2012, my mortgage lender (among others) has been successfully sued by the government. I received paperwork to send in my claim to receive a small part of the settlement. The biggest thing since the Great Depression that has millions of foreclosed homes took 3 years to start to get legal settlements on the crimes perpetuated by the banking and housing industry.

It may take 3 years or more to get a naked short settlement on FFGO. I am confident that it will happen.

GO FFGO!!!!

  SevenTenEleven     Share   Friday, February 24, 2012 7:21:24 PM 
Re: OldBen post# 195500     Post #  of 195514   

FFGO - Being shareholders in FFGO is where I wanted to be. And here I am! Holding a nice piece of the pie. I would have liked to buy more before the revocation, but market makers were not filling my buy orders for up to 3 days. With so many shares being offered, while still on the pinks (1.8B), it is a puzzlement to me that none of those "sellers" were able to fill my buy orders while on the grey market.

It has been pointed out that it is not possible to short on the grey market. Maybe all 1.8B of those shares being offered were attempted short sales, and when we moved to the greys, that type of behavior would't fly. Funny thing was, while on the greys, there was plenty of short volume being recorded. Similar to the 90% plus we saw on the pinks.

I am with you, the Naked Short Sellers will be forced to pay up soon enough.

$4/share is a fair place to start, IMO. Force them to cover each and every naked short share they issued pre-split(s) at $4/share, and post split at $4/share. Pool all of the money together and distribute it evenly between pre-split(s) historical shareholders and post-split current shareholders.

Tic Toc

  SevenTenEleven     Share   Friday, February 24, 2012 7:32:26 PM 
Re: OldBen post# 195501     Post #  of 195514   

OldBen, investment bankers have run pump and dumps for as long as the markets have existed. How many brokers have been compensated over the years to move clients' money into various funds and away from other funds? Also, the reason why companies are public is to be able to access capital for growth and execution of their business plan(s). When emerging companies engage in an investment awareness campaign, many times, but not all, they are trying to raise capital for growth and development. Naked short selling to collapse these companies once the awareness campaign is complete or ongoing is outright criminal.

FFGO was taken down from $4/share to next to nothing. Those illegally doing this should be held accountable.

  AlanC     Share   Friday, February 24, 2012 7:47:30 PM 
Re: OldBen post# 195500     Post #  of 195514   

OldBen: Another stock that I own that was revoked has now asked Homeland Security to investigate because of their concerns that both FINRA and the SEC could be captured. I think the boom is about to be lowered on lots of folks who have stolen trillions from honest investors. We may have to build more jails to house all the criminals. Go FFGO!!!
Dividends of 3400%+ are worth the wait!

  OldBen     Share   Friday, February 24, 2012 8:05:59 PM 
Re: AlanC post# 195509     Post #  of 195514   

More jails and more gold. As we try to avoid defaults and the hundreds of trillions at stake here. Paper will become increasingly useless and gold will take over.

  OldBen     Share   Friday, February 24, 2012 8:13:59 PM 
Re: SevenTenEleven post# 195505     Post #  of 195514   

You have believed wholeheartedly from the beginning. For a long while, I could not see much past the dividend. FFGO has been an ongoing education in naked shorting. I can say with absolute certainty now that I believe that NSS exist in FFGO and in a very, very big way. I now have a NSS watch list and a plan in action to move on a group of NSS stocks once justice finally prevails and the crime of NSS is being remedied.

While others on the board grow faint and tired, I feel more energized than ever. I know Long Shareholders feel that energy!!

  SevenTenEleven     Share   Friday, February 24, 2012 8:42:42 PM 
Re: OldBen post# 195511     Post #  of 195514   

FFGO - Those short had all the time in the world to cover. In fact, there were 1.8B shares being offered at $0.0001 for months. Problem with that 1.8B shares offered, at least 90% of the shares sold to buyers we short sales also. Hard to cover and reduce the overall outstanding short positions when at least 90% of the shares being sold are also short.

Looking forward to a settlement and/or our dividend.

Shorty has work to do. Still billions of shares NOT being written down.

Tic Toc


  SevenTenEleven     Share   Friday, February 24, 2012 9:44:17 PM 
Re: ordinarydude post# 195515     Post #  of 195519   

No reputable firm/individual lawyer on this planet would take this case without asking for a sizeable retainer up front first.

And that's making a rather BOLD assumption that some organization/individual agrees to represent the plantiffs in a court of law in the first place.

In the unlikely event both of these events transpire, it's unlikely anyone will see anything from ANYONE (unless, once again, the defendants were Lumb and "crew") anytime soon.....or at all, period.

Bottom line, the odds of winning the Texas Lottery jackpot is MUCH MUCH greater than seeing a thin dime being paid out by some phantom "shorty" from a settlement. - ordinarydude

I would expect the Fraud Busters to be overjoyed for shareholders if they seek legal action against those that possibly scammed them. Isn't that what busting fraud is all about? Making sure those that are guilty of fraud are brought to justice and pay damages to those they harmed? If those "scammers" we have been warned about turn out to be guilty, I would expect the news to spread like wildfire by each and everyone of those dedicated to busting fraud. Then all of the shareholders who have been robbed could/should seek similar action. And then there would be even more rejoicing. Maybe even some credit taken by those dedicated to busting fraud in the markets and in OTC stocks like FFGO!

Tic Toc

  SevenTenEleven     Share   Friday, February 24, 2012 10:06:06 PM 
Re: ordinarydude post# 195518     Post #  of 195519   

Once again, the only way shareholders will see a thin dime is if they go after the individuals responsible for setting up this "company" in the first place.

Suing phantom bad-guys is an exercise in futility. - ordinarydude

Shareholders will not be discouraged.

Those naked short selling will one day be held accountable for their abusive and highly profitable tactics.

Tic Toc

  SevenTenEleven     Share   Friday, February 24, 2012 11:37:10 PM 
Re: tgarfield post# 195520     Post #  of 195521   

But why should regulators waste money gettting shareholders money back ?

Wouldn't shareholders just go and buy another sub penny stock with the money, worth zero because they thought there was a big short position? Then the regulators would just have to do it again. - tgarfield

Without shareholders and investors, there would be no Wall Street. Vampires can't feast on other Vampires.

Regulators are aiding and abetting the market makers who are naked short selling in the name of "making an orderly market". All of those "book entries" should be backed by shares in the street's name, or reported as borrowed.

The good times for those fat cats are about to end.

Tic Toc


5T WD haha

BMFL<OD

next week(s) is here

Who's Next!


http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI

Stay one step ahead of the Hyenas!

Last edited by Bull Finch (2012-02-24 22:51:00)

Fortress Financial Group (fka FFGO)

http://investorshub.advfn.com/boards/board.aspx?board_id=3111


NSS ~ Counterfeiting Stock ~ MM Games Played   

Moderator: fourkids_9pets   Assistants: Paula, camper9, SevenTenEleven, ThePennyGuru, dehydratedman

http://investorshub.advfn.com/boards/board.aspx?board_id=18322


  AlanC     Share   Saturday, February 25, 2012 2:20:27 PM 
Re: tgarfield post# 195527     Post #  of 195540   

FINRA provides the evidence in black and white. Total volume traded for the day and the percentage of the total volume that were short sales. The numbers are staggering. Over 90% and
FINRA admits there numbers are on the low side. UBSS and Credit Suisse fined by regulators for mismarking short trades and calling them long. It is likely that every single share sold in the past two years did not exist. 100% short sales! Go FFGO!!!
Dividends of 3400%+ are worth waiting for!

FINRA short sale numbers for Novemeber 2010 for FFGO!!!

20101101|FFGO|2849999|3849999|0 74%
20101102|FFGO|1750000|1750000|O 100%
20101103|FFGO|7000000|7107200|O 98%
20101104|FFGO|2000000|2000000|O 100%
20101105|FFGO|7999999|10999999|O 73%
20101108|FFGO|15050000|26500000|O 57%
20101110|FFGO|1000000|2898917|O 34%
20101111|FFGO|2419999|2419999|O 100%
20101112|FFGO|3100000|3200000|O 97%
20101116|FFGO|1000000|1340000|O 75%
20101117|FFGO|6000001|10778584|O 56%
20101118|FFGO|2000000|4014600|O 50%
20101122|FFGO|19845000|19845000|O 100%
20101123|FFGO|500000|1000000|O 50%
20101130|FFGO|20385000|21035000|O 97%
Nov. totals: 79,354,998.00 107,739,299.00 74% sold short

Here are the FINRA short sale numbers for December 2010:

20101202|FFGO|999999|999999|O 100%
20101203|FFGO|615000|4585000|O 13%
20101206|FFGO|1100000|1220000|O 90%
20101207|FFGO|700000|3700000|O 19%
20101208|FFGO|750000|1017259|O 74%
20101209|FFGO|2500000|4500000|O 56%
20101210|FFGO|57089999|74194973|O 77%
20101213|FFGO|6000000|10005000|O 59.7%
20101214|FFGO|28900077|31695902|O 91%
20101215|FFGO|5500000|5704441|O 96%
20101216|FFGO|33250000|54755000|O 61%
20101217|FFGO|8890998|9340998|O 95%
20101220|FFGO|5615800|6660800|O 84%
20101221|FFGO|9600000|11200000|O 86%
20101222|FFGO|24577777|31723803|O 77%
20101227|FFGO|154399995|176901620|O 87%
20101228|FFGO|4999999|4999999|O 100%
20101229|FFGO|9382269|9426819|O 100%
20101230|FFGO|7000000|7010000|O 100%
20101231|FFGO|4081168|8192303|0 50%
Dec. totals: 361,453,081.00 457,833,916.00 79%


2010 short sale totals: 440,808,079. out of a total volume of 565,573,215 or 78% shares sold short. Note well the SEC only started publishing FINRA's daily short sale numbers in Nov. of 2010.


January 2011

20110103|FFGO|20000000|22953402|O 87%
20110104|FFGO|9100000|9400000|O 96.8%
20110105|FFGO|8250000|13250000|O 62.3%
20110106|FFGO|11000000|11220000|O 98%
20110107|FFGO|9999999|9999999|O 100%
20110110|FFGO|400000|900000|O 44%
20110111|FFGO|1500000|2000000|O 75%
20110112|FFGO|1400000|1400000|O 100%
20110113|FFGO|1300000|1800000|O 72%
20110114|FFGO|23859999|38587151|O 61%
20110118|FFGO|3000400|3400400|O 88%
20110120|FFGO|7499999|8099999|O 92.5%
20110124|FFGO|1800000|1800000|O 100%
20110125|FFGO|800000|800000|O 100%
20110126|FFGO|10000000|10000625|O 99.9%
20110131|FFGO|317800|317800|O 100%


February 2011

20110202|FFGO|20700000|36210000|O 57%
20110203|FFGO|13400000|38601000|O 34.7%
20110209|FFGO|200000|365000|O 54.7%
20110210|FFGO|2900000|3700000|O 78.3%
20110211|FFGO|500000|4970000|O 10%
20110214|FFGO|2000000|2006250|O 99.6%
20110216|FFGO|17700000|27770000|O 63%
20110217|FFGO|525499999|528499999|O 99.4% COLD WINTER DAY
20110218|FFGO|7600000|8725000|O 87.1%
20110222|FFGO|10000000|10526708|O 94.9%
20110223|FFGO|2000000|2700000|O 74%
20110225|FFGO|1000000|1455000|O 68.7%

March 2011

20110301|FFGO|1000000|0|1350000|O 74%
20110303|FFGO|1795000|0|3492848|O 51%
20110304|FFGO|100000|0|100000|O 100%
20110307|FFGO|1800000|0|1800000|O 100%
20110311|FFGO|500000|0|500000|O 100%
20110314|FFGO|2000000|0|2000000|O 100%
20110315|FFGO|3500000|0|4500000|O 77.7%
20110316|FFGO|11500000|0|11500650|O 99.99%
20110317|FFGO|3114000|0|3617357|O 86%
20110318|FFGO|13020000|0|13020000|O 100%
20110324|FFGO|150000|0|701113|O 21%
20110325|FFGO|110000|0|110000|O 100%
20110329|FFGO|1497300|0|1497300|O 100%
20110331|FFGO|1999999|0|3430269|O 58%

April 2011

20110404|FFGO|5891100|0|6651100|O 88.5%
20110405|FFGO|126400|0|126400|O 100%
20110406|FFGO|150000|0|150000|O 100%
20110411|FFGO|456000|0|456000|O 100%
20110413|FFGO|876543|0|876543|O 100%
20110414|FFGO|4100000|0|4741400|O 86.4%
20110415|FFGO|1500000|0|2500000|O 65%
20110420|FFGO|100000|0|100000|O 100%
20110421|FFGO|1560000|0|1560000|O 100%
20110425|FDTC|4000|0|25000|O 16%
20110426|FFGO|1000000|0|1000162|O 99.9%
20110427|FFGO|1000000|0|1000000|O 100%
20110428|FFGO|8072700|0|8322700|O 96.9%
20110429|FFGO|30210000|0|30210000|O 100%

May 2011

20110502|FFGO|4476700|0|4476700|O 100%
20110503|FFGO|7338600|0|10788600|O 68%
20110504|FFGO|2000000|0|2000000|O 100%
20110505|FFGO|1620000|0|2140000|O 75.7%
20110506|FFGO|1500000|0|1505583|O 99.6%
20110509|FFGO|1000000|0|1000000|O 100%
20110511|FFGO|3000000|0|3040000|O 88.2%
20110512|FFGO|7200000|0|8200000|O 87.8%
20110516|FFGO|8200000|0|8300000|O 98.7%
20110517|FFGO|4099900|0|4199900|O 97.6%
20110518|FFGO|585000|0|585000|O 100%
20110520|FFGO|1000777|0|1000777|O 100%
20110523|FFGO|2000000|0|2000000|O 100%
20110524|FFGO|500000|0|800000|O 62%
20110525|FFGO|18585000|0|18585000|O 100%
20110527|FFGO|1000000|0|1000000|O 100%
20110531|FFGO|7628700|0|8031462|O 94.9%

June 2011

20110603|FFGO|400000|0|400000|O 100%
20110606|FFGO|2710000|0|2710000|O 100%
20110607|FFGO|24000000|0|24000000|O 100%
20110608|FFGO|173800|0|173800|O 100%
20110609|FFGO|2500000|0|2500000|O 100%
20110610|FFGO|83100|0|83100|O 100%
20110614|FFGO|1500000|0|1500000|O 100%
20110615|FFGO|1000000|0|1000000|O 100%
20110616|FFGO|2000000|0|2000000|O 100%
20110617|FFGO|1105223|0|1355223|O 81.5%
20110621|FFGO|423000|0|423000|O 100%
20110623|FFGO|1000000|0|1000000|O 100%
20110624|FFGO|3401333|0|3401333|O 100%
20110629|FFGO|8619200|0|8619200|O 100%
20110630|FFGO|200400|0|200400|O 100%

July 2011

20110701|FFGO|5497995|0|5497995|O 100%
20110706|FFGO|400400|0|700400|O 57%
20110711|FFGO|500000|0|1400000|O 35%
20110714|FFGO|1102699|0|1102699|O 100%
20110715|FFGO|300100|0|400100|O 75%
20110718|FFGO|10850000|0|10850000|O 100%
20110719|FFGO|74000000|0|74000000|O 100%
20110720|FFGO|54100000|0|54100000|O 100%
20110722|FFGO|30000000|0|30000000|O 100%
20110725|FFGO|10346500|0|10346500|O 100%
20110727|FFGO|2400100|0|3400100|O 70.5%

August 2011

20110801|FFGO|8900000|0|8900000|O 100%
20110803|FFGO|5550000|0|5550000|O 100%
20110804|FFGO|7000100|0|10325100|O 67%
20110805|FFGO|5573333|0|5723333|O 100%
20110808|FFGO|405800|0|405800|O 100%
20110809|FFGO|3400000|0|3500000|O 97.1%
20110811|FFGO|3279000|0|3279000|O 100%
20110812|FFGO|100100|0|100100|O 100%
20110815|FFGO|14500000|0|14500000|O 100%
20110816|FFGO|1000000|0|1000000|O 100%
20110817|FFGO|10490000|0|10490000|O 100%
20110818|FFGO|4000000|0|4000000|O 100%
20110822|FFGO|467000|0|467000|O 100%
20110823|FFGO|55633600|0|55633600|O 100%
20110824|FFGO|500000|0|500000|O 100%
20110825|FFGO|750000|0|750000|O 100%
20110829|FFGO|1500000|0|1500000|O 100%
20110831|FFGO|45327062|0|61885560|O 73.2%


September 2011

20110901|FFGO| 777000|0| 832000|O 93.3%
20110902|FFGO|4000000|0|4000000|O 100%
20110908|FFGO|1920000|0|1920000|O 100%
20110909|FFGO|2500000|0|2500000|O 100%
20110913|FFGO|5000000|0|5299100|O 94.3%
20110914|FFGO|3000000|0|3000000|O 100%
20110923|FFGO|2000000|0|2320000|O 86.2%
20110928|FFGO|1000600|0|1125600|O 88.8%

Month totals: 20,197,600/20,996,700 96.1%

October 2011

20111003|FFGO|500000|0|500000|O 100%
20111004|FFGO|2000000|0|2000000|O 100%
20111005|FFGO|310000|0|590000|O 52.5%
20111006|FFGO|600000|0|1600000|O 37.5%
20111010|FFGO|100000|0|100000|O 100%
20111012|FFGO|2010000|0|2390000|O 84.1%
20111013|FFGO|2999999|0|2999999|O 100%
20111014|FFGO|4000000|0|4000000|O 100%
20111018|FFGO|8000000|0|11000000|O 72.7%
20111019|FFGO|1000000|0|1000000|O 100%
20111026|FFGO|2150000|0|2150000|O 100%


Month totals: 23,659,999/28329,999 83.5%

FFGO YEAR TO DATE

JAN 110,228,197/ 135,899,376
FEB 603,499,999/ 665,528,957
MAR 42,086,299/ 47,619,537
APR 55,046,743/ 57,719,305
MAY 71,734,677/ 77,653,022
JUN 49,116,056/ 49,366,056
JLY 189,497,794/ 191,797,794
AUG 168,375,995/ 188,509,493
SEP 20,197,000/ 20,996,700
OCT 23,659,999/28,329,999
Year to date totals

1,333,442.759/ 1,453,420,239 91.7% SHORT VOLUME for shares sold in 2011

regsho.finra.org/FORFshvol20110324.txt
Total short volume since FINRA began publishing records in Nov. 2010:
1,774,250,838 short shares sold out of total volume of 2,018,993,454 or 87.9% of all shares sold were sold short!

  Lebron23     Share   Saturday, February 25, 2012 12:45:32 PM 
Re: SevenTenEleven post# 195505     Post #  of 195540   

SevenTenEleven: I write this with the admission that you know 100 times more about this stuff than I do....But, $4.00 per share????

It would take me less than one second to accept one penny per share.

  AlanC     Share   Saturday, February 25, 2012 3:14:26 PM 
Re: puppydotcom post# 195536     Post #  of 195540   

The evidence is abundantly clear. You choose to deny it is there because it doesn't serve your purpose. FINRA is so embarassed by the numbers they won't answer emails about them. lol Go FFGO!!!
Dividends of 3400%+ are worth waiting for!

  AlanC     Share   Saturday, February 25, 2012 2:44:53 PM 
Re: fourkids_9pets post# 8813     Post #  of 8815   

I don't think the world markets will be able to surive two months let alone two years. The house of cards they created is crumbling worldwide. They continue to print money by the trillion and folks around the world are waking up to the fact that it has no real value. The paper isn't worth squat!

  fourkids_9pets     Share   Saturday, February 25, 2012 3:37:09 PM 
Re: AlanC post# 8814     Post #  of 8815   

we'll see alan

re: time frame noted >> they seem to be masters
at exploiting <stall/delay> tactics done by those
who aid and abet re: loopholes

i'm ready for change that actually means something
whether it's 2 weeks/2months or 2 years >> bring it on

==
4kids
all jmo

5T WD haha

BMFL<OD

next week(s) is here

Who's Next!


http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI

Stay one step ahead of the Hyenas!

Fortress Financial Group (fka FFGO)

http://investorshub.advfn.com/boards/board.aspx?board_id=3111

NSS ~ Counterfeiting Stock ~ MM Games Played   

Moderator: fourkids_9pets   Assistants: Paula, camper9, SevenTenEleven, ThePennyGuru, dehydratedman

http://investorshub.advfn.com/boards/board.aspx?board_id=18322



SevenTenEleven     Share   Sunday, February 26, 2012 12:12:46 AM 
Re: TomSawyer post# 195563     Post #  of 195565   

That's like telling someone about a book and leaving out the ending.

So what happened after whats mentioned above? Well they stopped filing 10Qs, 10Ks, business licenses, etc. and LET EVERYTHING DIE OFF. - TomSawyer

Everyone following along knows that the company never filed 10Q's or 10K's.

Claiming that they stopped after announcing the dividend is simply not correct.

They made it very clear in their FAQ's!

Like telling someone about a book and leaving out the beginning.

  grantg2     Share   Saturday, February 25, 2012 7:45:56 PM 
Re: None     Post #  of 8819   

Something that soulds ALL TOO FAMILIAR about this post...

had not been reading Rig's board for awhile & got steered back by a NEW FRIEND met on JBII (not author of linked post)... he's not a frequent poster on JBII so we chatted a bit this past week... good insights & good fellow (a grandfather to boot...LOL).

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72506541

Here's to MONDAY NEXT... need a JBI CC Meteoric Event!

4k9p, I will still send info email soon... past week was a disaster. We had two significant losses TU & TH of a friend's father & another friend (age & cancer for the dad & friend with AML was YOUNGER THAN ME!) Getting too close. Those make replacement of 4-tooth bridgework on WED seem not so significant.

  youroldfriendj     Share   Friday, February 24, 2012 1:43:53 PM 
Re: RIGATONI post# 203537     Post #  of 203647   

NITE does not seem to be retail....NITE digging a bigger hole into shorting?

  fourkids_9pets     Share   Saturday, February 25, 2012 9:35:30 PM 
Re: grantg2 post# 8816     Post #  of 8819   

that was troll talk >> conditioning by rote re: nite & retail

what one discovers when one is persistent with both the sec and finra
is that there is very little *accountability* and a lot *taken*
at face value >> which is why i *advocate* that *retail* make noise
because only by sending off complaints on co.s they spot bogus bs on
will bring attn to a problem that imo has mostly passed under the
radar under 1000s of posts utilizing one syllable words re: the OTC

>> it's all been about the conditioning and it's years in the making
>> thank god folks are becoming ever more aware across multiple levels

==
4kids
all jmo

  SevenTenEleven     Share   Sunday, February 26, 2012 12:19:25 AM 
Re: fourkids_9pets post# 8817     Post #  of 8819   

SEC probes exchanges and electronic trading firms ties

Reuters – 6 hours ago

(Reuters) - The U.S. Securities and Exchange Commission has launched a probe into the ties between stock exchanges and certain electronic trading firms, the Wall Street Journal reported on Saturday, citing people familiar with the matter.

BATS Global Markets Inc, a U.S. exchange operator that is planning an initial public offering, said in a government filing cited by the Journal that it got a request from the U.S. regulator's enforcement division for information on the use of order types and its communications with certain market participants.

The SEC also asked BATS for details about its information technology systems and trading strategies, the filing said.

The inquiry also was examining communications BATS has with certain members affiliated with certain stockholders and directors, the paper reported.

(Reporting By Debra Sherman in Chicago; Editing by Eric Beech)

http://finance.yahoo.com/news/sec-probes-exchanges-electronic-trading-163111111.html

  SevenTenEleven     Share   Sunday, February 26, 2012 12:20:07 AM 
Re: SevenTenEleven post# 8818     Post #  of 8819   

Wonder if they will be probing the ties between NITE and the London Stock Exchange?

5T WD haha

BMFL<OD

next week(s) is here

Who's Next!


http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI

Stay one step ahead of the Hyenas!

DHS Holding Co. (DHSM)

http://investorshub.advfn.com/boards/board.aspx?board_id=7860


  SevenTenEleven     Share   Thursday, February 23, 2012 5:16:02 PM 
Re: None     Post #  of 23530   

DHSM - Short Volume for February 23rd - 100%

20120223|DHSM|500|0|500|O

  SevenTenEleven     Share   Thursday, February 23, 2012 5:54:05 PM 
Re: goodolboy post# 23480     Post #  of 23530   

DHSM - Only manipulation, and possible wash trading was on the short and distort from $2 down to $0.20 a few weeks back.

There appears to had been some additional manipulation in the form of t-Trades once retail buying started. But that is a whole different discussion.

Should get very interesting once there is reason fro speculators to begin buying and pushing this back toward $2.

Good Luck!

  SevenTenEleven     Share   Friday, February 24, 2012 9:41:00 AM 
Re: None     Post #  of 23530   

DHSM - Will we see continued accumulation ahead of investor updates that could support moving this back to $2 or beyond? That is what I am speculating on. Glad to have been adding and lowing my cost basis from pre-split levels. Hoping for a few more shares at these levels.

Good Luck!

  SevenTenEleven     Share   Friday, February 24, 2012 11:16:43 AM 
Re: fourinarow post# 23421     Post #  of 23530   

DHSM - 20K volume knocked VERT up and off $0.34.

Looking forward to news and updates from company.

Pretty much loaded as many shares down here as I planned on. Still might nibble ahead of speculated bigger and better things to come.

Key will be breaking past $2 toward $3.

How short the market makers remain, and/or are willing to go on the way up, will play in nicely of a squeeze is triggered.

Hopefully you have been catching up on the progress the company has made since the RS.

Could we see the 52-week high of $5 challenged in the coming weeks?

Low float should play in nicely.

Anything is possible with the right momentum.

  SevenTenEleven     Share   Friday, February 24, 2012 2:06:24 PM 
Re: Tiger555 post# 23488     Post #  of 23530   

DHSM - So iHub reporting 52-week high being $5.00 is a lie?

Might want to go back to when this was trading at $0.01 per share pre-split.

1 for 500, and some simple math, and it is easy to figure it out how the 52-week high is $5.

Good Luck!

  SevenTenEleven     Share   Friday, February 24, 2012 2:19:51 PM 
Re: Tiger555 post# 23487     Post #  of 23530   

DHSM - As a shareholder, I buy and hold based upon my speculation that this will return to much higher levels.

I am very clear in stating that I am buying at these lows, and that it is currently at the best level to be accumulating.

Why buy and/or hold something and feel otherwise?

There are many folks who want our shares at these levels and lower. Those folks could cover their short positions and/or accumulate at higher levels because I for one, am holding for levels well above $2.

Good Luck!

  janice shell     Share   Friday, February 24, 2012 2:48:16 PM 
Re: Tiger555 post# 23488     Post #  of 23530   

It wasn't ever at $5. It's done three reverse splits, and that would make it look as if the price were once higher than it actually was, unless the chart is split-adjusted.

  janice shell     Share   Friday, February 24, 2012 2:49:18 PM 
Re: SevenTenEleven post# 23489     Post #  of 23532   

So iHub reporting 52-week high being $5.00 is a lie?

Not exactly. They're just not taking the 2011 r/s into account.

  SevenTenEleven     Share   Friday, February 24, 2012 3:08:06 PM 
Re: None     Post #  of 23532   

DHSM - Update on discussions with the States of New Jersey and Louisiana would be great as well as the valuation.

Expecting Pink Current status in the coming week(s).

Looks like shorts and sellers are backing off.

Will 100% of today's volume be short?

  SevenTenEleven     Share   Friday, February 24, 2012 5:19:34 PM 
Re: None     Post #  of 23532   

DHSM - Short Volume for February 24th - 100%

20120224|DHSM|20000|0|20000|O

  SevenTenEleven     Share   Friday, February 24, 2012 5:22:26 PM 
Re: SevenTenEleven post# 23496     Post #  of 23532   

DHSM - Looks like market maker VERT is our confirmed 100% short seller!

Not to say the others aren't joining in on the "fun".

But watching Level 2's and watching the volume, VERT is shorting everything thrown at him.

What is interesting is that VERT is typically offering 30K, at their best offer, while only showing 5K on the ask.

Consistent pattern of 30K (only 5K offered), at each level on the ask, and 100% short selling.

Looks like news coupled with speculative buying could cause a nice squeeze.

Good Luck!

  SevenTenEleven     Share   Friday, February 24, 2012 11:40:47 PM 
Re: bigred1 post# 23498     Post #  of 23532   

DHSM - I am anticipating an investor update in the coming week or two. My assumption is that Getz is still with the company. Those short are in a tough spot.

Will get interesting soon enough.

  SevenTenEleven     Share   Saturday, February 25, 2012 9:25:01 AM 
Re: fourinarow post# 23419     Post #  of 23532   

DHSM - Nothing exciting to summarize from this shortened trading week. Steady accumulation was met with increased short selling.

VERT looks to be the market maker that is willing to short sell into buying pressure. Could be very costly for VERT if speculative buyers push this back to $2 and beyond.

Company is due an investor update. Hoping we see a series of communications starting with, but not limited to, quarterly financials, management structure, Pink Current Status, revenue projections, Data Health Valuation, and future mergers/acquisitions targets.

Have been nibbling a little bit the past few weeks. Chart looks as if it bottomed and is set to move back toward $2. Level 2's looks thin from $0.375 to $1.05, then gaps to$2.05. Those market makers shorting at these levels will create buying opportunity for those getting in ahead of the herd. They will also be creating a possible squeeze situation for themselves and for others who are short.

Company needs solid news. Investor awareness is also key.

Looking forward to next week(s).

Good Luck!

  SevenTenEleven     Share   Saturday, February 25, 2012 10:01:48 AM 
Re: bigred1 post# 23499     Post #  of 23532   

bigred1, Hopefully the company begins to release regular and steady investor updates. There is some much they may be doing behind the scenes to create value for shareholder. The fact that they have been very quiet the past few months could be a good sign, IMO.

Thanks for staying on top of things.

  SevenTenEleven     Share   Saturday, February 25, 2012 3:10:01 PM 
Re: bigred1 post# 23499     Post #  of 23532   

DHSM - bigred1, the attempts of short and distort will be numerous. Possibly a bigger effort than those who are long and looking for a run. Remember, there is a huge historical unreported short position in DHSM.

This should play in nicely for longs. Those short will only attract the squeeze groups to this one. Could be looking at a 10 to 20 times run from the current levels if they are effectively squeezed.

All we are waiting for is material news that supports this above $2. From there we could see more speculators and squeeze players showing up.

  SevenTenEleven     Share   Saturday, February 25, 2012 4:56:37 PM 
Re: bigred1 post# 23509     Post #  of 23532   

DHSM - Bigred1, Longs will be rewarded. The lower our cost basis, the greater the potential returns. Shorts do not want us adding at the current range. They are hoping to cover, or to manipulate the PPS down even further.

Toc Toc

  janice shell     Share   Saturday, February 25, 2012 6:10:29 PM 
Re: SevenTenEleven post# 23508     Post #  of 23532   

Remember, there is a huge historical unreported short position in DHSM.

In reality, short interest is a whopping 650 shares.

  AlanC     Share   Saturday, February 25, 2012 6:50:23 PM 
Re: janice shell post# 23511     Post #  of 23532   

Does that include the nakedly shorted shares that are hidden in ex clearing?

  janice shell     Share   Saturday, February 25, 2012 6:53:42 PM 
Re: AlanC post# 23512     Post #  of 23532   

Sheesh. Nothing is "hidden" anywhere. This stock barely trades. And the company is a REAL stinker.

  AlanC     Share   Saturday, February 25, 2012 7:03:54 PM 
Re: janice shell post# 23513     Post #  of 23532   

With a tiny float there better not be a lot of trading or the price could skyrocket. We all know UBSS and Credit Suisse just got nailed with huge fines for hiding short sales by mismarking them and calling them long sales, does that count?

  SevenTenEleven     Share   Saturday, February 25, 2012 7:15:06 PM 
Re: AlanC post# 23514     Post #  of 23532   

DHSM - AlanC, there are many ways market makers and manipulative short sellers hide their short interest positions. This stock has been a favorite of those that sell what they do not have to borrow. With the small float, this could easily move back to $2, where it was driven down from with a short and distort campaign. I am playing this through to $3. I believe it can move to that level and possibly beyond.

  SevenTenEleven     Share   Saturday, February 25, 2012 7:16:39 PM 
Re: janice shell post# 23511     Post #  of 23532   

Correct. Only 650 shares being reported as short. FINRA warns of under reporting of short volume and short interest for OTC stocks such as DHSM. A hidden unreported short position will come into play if this gets to a critical trigger point.

  janice shell     Share   Saturday, February 25, 2012 7:36:32 PM 
Re: AlanC post# 23514     Post #  of 23532   

Sheesh. This is a PENNY STOCK. Nobody is interested in it in any way.

Tom Gaffney? Larry Formato?? UGH.

  janice shell     Share   Saturday, February 25, 2012 7:38:18 PM 
Re: SevenTenEleven post# 23515     Post #  of 23532   

This stock has been a favorite of those that sell what they do not have to borrow.

That sounds great. Trouble is, there's absolutely NO proof of your contention. It's simply what you want to believe.

What "short and distort campaign" are you talking about? As noted, there is no interest of any kind in this issue.

  SevenTenEleven     Share   Sunday, February 26, 2012 8:59:25 AM 
Re: rekcusdoo post# 23519     Post #  of 23532   

With an already 70% loss in this stock since the 2 dollar mark, patience is about all you can have here. - rekcusdoo

More volume below $0.30 than at $2.00 post-split. Those buying below $0.30 are up 10% or more.

Those shorting below $0.30 are starting to move in the wrong direction.

Wouldn't want to be on the short side of this one!

Good Luck!

  SevenTenEleven     Share   Sunday, February 26, 2012 2:46:13 PM 
Re: Admiral Lagrange post# 23523     Post #  of 23532   

DHSM - Let VERT continue to short. Creating value at these levels ahead of a move back toward $2.

Short and Distort will be in full force again soon enough.

Good Luck!

  SevenTenEleven     Share   Sunday, February 26, 2012 2:48:24 PM 
Re: rekcusdoo post# 23524     Post #  of 23532   

No one is shorting at these levels. They all shorted at 2.00 and are now holding their short waiting for bankruptcy or cashed out. - rekcusdoo

Interesting theory.

Those shorting from $2 must not have been marking short sales as short sales.

FINRA warns of this in the OTC.

UBS and Credit Suisse got busted by the SCE and FINRA for such practice. Which stocks they were doing it on was not disclosed.

Those shorting are reporting at these levels, but were not reporting at higher levels.

Interesting Theory Indeed!

Good Luck!

  SevenTenEleven     Share   Sunday, February 26, 2012 2:59:07 PM 
Re: Admiral Lagrange post# 23525     Post #  of 23533   

But if you had the smarts before the 70% loss, you wouldn't have the pateince to be sitting with a 70% loss. I guess some people just have to learn the hard way. - Admiral Lagrange

Those shorting can only cover if shareholders sell at the bottom of the short and distort.

I am sure those short are hoping shareholders who bought at $2, or higher, sell at $0.30, or lower.

Nothing like an 85% ROI for those shorting and not reporting.

Shareholders should be accumulating at these levels, not selling. But then again, the short and distort isn't successful if they do.

Tic Toc

  janice shell     Share   Sunday, February 26, 2012 3:31:26 PM 
Re: SevenTenEleven post# 23520     Post #  of 23533   

Those buying below $0.30 are up 10% or more.

On paper. But what could they sell for?

  janice shell     Share   Sunday, February 26, 2012 3:35:03 PM 
Re: Admiral Lagrange post# 23523     Post #  of 23534   

The filings also seem to leave some doubt as to who the CEO of this company is now...

Indeed they do. But not to worry: over the past couple of years they've had a new CEO every few months anyway.

  SevenTenEleven     Share   Sunday, February 26, 2012 7:13:17 PM 
Re: bigred1 post# 23509     Post #  of 23539   

DHSM - VERT continues to short 100% at the ask.

Speculative buying is a concern for those with large unreported short positions.

They will be forced into the ask to cover.

Looking forward to investor updates and investor awareness to increase.

Good Luck!

  janice shell     Share   Sunday, February 26, 2012 7:21:08 PM 
Re: SevenTenEleven post# 23537     Post #  of 23539   

Are you saying you hope this sorry crew decides to run a promo? Who'd they use? Formato? Oh wait, he's already on the job. I always love stocks that are pumped by people like him.

5T WD haha

BMFL<OD

next week(s) is here

Who's Next!


http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI

Stay one step ahead of the Hyenas!

Last edited by Bull Finch (2012-02-26 20:06:32)

NSS ~ Counterfeiting Stock ~ MM Games Played   

Moderator: fourkids_9pets   Assistants: Paula, camper9, SevenTenEleven, ThePennyGuru, dehydratedman

http://investorshub.advfn.com/boards/board.aspx?board_id=18322


  grantg2     Share   Monday, February 27, 2012 5:43:35 AM 
Re: SevenTenEleven post# 8838     Post #  of 8846   

You two folks in your PAIRED POSTS have just unravelled & EXPOSED what several *unnamed groups* do here on iHub every day driven by unconscionable greed to line their own pockets!

Hurt (mugged & robbed) shareholders & companies mean nothing to these morally corrupt degenerates...

many of whom (IMNSHO) CLOTHE THEMSELVES in hypocritical so-called righteous indignation YELLING AT THE TOP OF THEIR LUNGS defaming individuals and companies that are NOT scams by declaring that they are scams, P&Ds, or the like.

What these disingenious BASHERS are is nothing more than MANIPULATORS of markets and individuals (who have been fleeced by one, or more, REAL SCAM(s) for the sole purpose of SELF-ENRICHMENT! IMHO there is no greater DISGRACE than the government agency regulators who collude & abet these GREEDY PERPS.

There is so much STOLEN out of the capital markets these days that IMO it threatens the very existence of our work-ethic productive society! ALL could have far better RETIREMENT YEARS if some $$$$$$ put into the Social Security System (into Al's Lock Box) and then STOLEN by POLITICAL HACKS to buy votes... could be put into self-directed retirement accounts IN AN HONEST CAPITAL INVESTMENT to experience TRUE LONG TERM GROWTH! (But not feasible WHEN MKTS are corrupted... just another opportunity to steal!)

Let me say that I do believe there are SOME SINCERE INDIVIDUALS who make an effort to track and reveal the scum scammers in the OTC/pink markets. It's just too bad that ALL THEIR EFORTS end up infiltrated by the MANIPULATING SCUM seeking self-enrichment!

These *entities* USE SUCH well-purposed efforts to expose fraud to disguise their OWN sinister morally degenerate activities!

The infuriating thing is that THESE DEGENERATE DREGS of HUMANITY GET AWAY WITH IT because of crooked/useless government oversight agencies, crooked individuals in some of those agencies not totally abetting, & "lawless wild-west" SMBs where ANY FALSEHOOD can be posted without much fear of legal penalty for deceptions that destroy honest individuals & companies placed in a vulnerable (often unrealized) position where they are set up for the KILL!

It takes a very long time to realize JUST WHO the sincere searchers are trying to alert the unsuspecting to scams because of the INFILTRATION of their efforts by scum manipulators and the willingness of the "sincere crusaders" naievely to accept the "help of the pernicious degenerates" in nearly every "crusade" against some real or so-called scam/fraud!

Anyone familiar with the Family Circus comics strip? Seems that everytime something happens by accident... (or to the point here) RULES are broken, there is denial among those culpable! "NOT ME!" is the outcry declaring innocence... leaving the "guilty party" to remain a "great unknown mystery."

No accountability & universal denial of guilt... SERIOUS ERROR of judgment when ignoring that some markets are hi-jacked & corrupted!

IN FACT, degenerate entities are ALWAYS SHOUTING "There is no corruption... it's just the way markets work!"

VERY MUCH the CORE PROBLEM with stock market corruption because MANY of US who believe that HONEST MARKETS are a GREAT WEALTH BUILDER find it hard to accept that a large part of the market system (mostly on OTC/pinks) has been PERVETED by morally degenerate crooks! Thus there are honest investors who will agree that corrupted markets are figments of imaginations!

Works for the manipulating degenerate crooks! Also & especially...

With a BLIND EYE from regulators! Or was that a WINK from regulators?

  AlanC     Share   Monday, February 27, 2012 7:01:26 AM 
Re: SevenTenEleven post# 8838     Post #  of 8846   

I believe this is the tool used to target the companies:
http://investorshub.advfn.com/boards/board.aspx?board_id=19670

  AlanC     Share   Monday, February 27, 2012 7:23:30 AM 
Re: AlanC post# 8840     Post #  of 8846   

Interesting post from TYTN board:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72546031

  Perfectstorm     Share   Sunday, February 26, 2012 11:27:34 AM 
Re: 90 West post# 77684     Post #  of 77730   

It's fact! Now WE know it. The company could have shareholders request certificates but with ECN's it's very difficult for an accurate accounting with a 6.5b A/S to match up with what is outstanding.

Just went through it with another one that was 100% saturated with phoney certificates. When crooks like Penson are allowed to clear phonies anything is possible when they are the ones dumping the phonies.

There will be more to come including those who will be authorized to trade this stock and those who will be banned from trading it altogether. I can bet that if Penson is the one involved that they are sweating now that WE know the truth and the house is being cleaned.


Quote:
--------------------------------------------------------------------------------
In other recent news, Tytan Holdings, Inc. announces that it has made application for a stock reversal. It was approved by a majority of share holders in the recent January 2012 meeting. The Company believes this move will ensure the stock remain in a more stable and safe position within the market. The consensus among the Company and its advisors is that this strategy will force an accounting of all legally held shares. The market cap of the Company will, of course, remain the same but the shares will be protected by virtue of a higher share price. This will provide a more stable base on which the company can grow as the programs it has and will be initiating begin to generate revenues and profits for the Company's bottom line. "I think this is the right move to keep the Company on solid ground," stated CEO Mark Leonard, "It will be especially beneficial as things get moving at a faster clip." More announcements regarding this development will be out shortly.
--------------------------------------------------------------------------------

It isn't more clear than that.

  fourkids_9pets     Share   Monday, February 27, 2012 7:51:05 AM 
Re: SevenTenEleven post# 8836     Post #  of 8846   

zero is a safe bet

remember trolls talking points had to shift to suit *publicly
made comments*

which is why trolls' evolution went from there is no NSS >>
to penny stocks can't be NSS'd >> to well MMs' NSS for *liquidity*
which is ironic when one tracks the *lifespan* of an avg penny stock

pardon me while i vomit >> as if it was ever *retail* en masse
that was NSS'ing any stock >> it was never retail but it was
multi dimensional in nature that grew ever more sophisticated
over the years culminating in coordinated hit pieces *authored*
by trolls who collude with other entities (or their bosses do)

a minion is a minion after all

interesting to watch the way retail gets played as well by rumor
mongering (recent on JBII and KIDD's *shares*)

stock was *taken* down for 3 days straight (reg sho for 3 days
on avg 90,000) and wash traded back up on friday for half the
reg sho and volume >> but hey what ever works for the crooks

there are multiple entities at work via the vehicle of stock
manipulation >> what i don't know is if all of these entities
are connected to hedgies >> some clearly are >> but i have to
wonder about the *crew* that worked over EXPH >> they did the
same to approx 11 other co.s b4 i stopped reading/observing
due to gross and egregious hypocrisy in play >> i can only
hope the authorities connect the dots based on info on hand
b4 this decade comes to an end

co.s *attacked* all seemed to have one thing in common
ceo's lack of awareness re: stock manipulation >> and i
suspect discounted shares given to *entity/s* who then
did the requisite wash trading to *generate volume and
create interest via posts (which is why it's interesting
to see which subsets of the trolls posted about EXPH et al
on other boards besides the EXPH board)

EXPH was
interesting in that it lasted longer >> imo due to 7 insiders
and those close to mgmt who held/hold the bulk of the EXPH shares
>> but all co.s *affected* by this *entity* imo were NSS'd and
clearly KILLED >>

==
4kids
all jmo

  fourkids_9pets     Share   Monday, February 27, 2012 7:56:37 AM 
Re: SevenTenEleven post# 8838     Post #  of 8846   

personally based on 5 years observation
i suspect *overlap* >> HHWW was the perfect
example >> on multiple levels >> and the sec
had the info within a week of *orchestrated
run* b4 the *short and distort to the cellar*

not a damn thing was done by sec >> but it appears
finra is not quite so *complicit*

interesting thing there is the r/s just done
(OS went from 63M approx to 6.3M and float
from 35M to 3.5M) >> waiting to see how this
plays out >> over the coming Qs' >>

===
4kids
all jmo

  fourkids_9pets     Share   Monday, February 27, 2012 8:05:15 AM 
Re: AlanC post# 8841     Post #  of 8846   

the real problem alan is >> the sec
appears to be shielding both NITE & PENSON

when one entity dominates >> trading (MM)
and another entity dominates >> clearing
on the poorly watched OTC from 2007 to 2011
one has to wonder why the sec would continue
to shield and not demand *transparency* for all to see

just me but if all were transparent >> mkt would implode

well what would folks rather have >> stall delay tactics
put in place >> with no transparency per se >> and loopholes
put in place as *change* is implemented >> or the implosion
of the mkt bringing about change that actually matters

as in all publicly traded stocks being electronically tagged
all shorts requiring hard locates b4 being used again and again

it's not rocket science >> but it can't be done without implosion

bring it >> this gross and egregious filth done by the cretins
without a conscience >> has already cost the US their middle class

==
4kids
all jmo

  SevenTenEleven     Share   Monday, February 27, 2012 8:49:49 AM 
Re: grantg2 post# 8839     Post #  of 8846   

Any company looking to raise capital is a target of theirs. They know the need for capital will drive the issuance of share. They often move the PPS up ahead of a company awareness campaign and as the company begins issuing shares, they attempt to collapse investor confidence. Much easier than keeping investor confidence at a steady and sustained level.

There are a few out there that have been targeted time and time again. There are a few I HAVE watched force the short manipulators to lose BIG. There are a few more that I believe are positioned nicely to not only raise capital, but to force them into submission.

Only market makers and a few off-shore entities are able to short non-marginable securities. The non-market makers need the help of the market makers to naked short and avoid reporting.

Squeeze time is coming for a few and coming hard, IMO.

The personal attacks investors endure from those looking out for their best interest is never in their best interest. Once revoked or at no bid, the goal to get investors to write down their shares at ZERO so those holding the open naked short risk could cover and close out their books.

This is why the CMKX's, HFBG's, FFGO's, etc of the world are targeted 24/7 by aggressive and abusive individuals who game the iHub TOS to advance their agenda.

Forced audits and buyins backed by the DTCC and the FED covering what their "friends" can't is the way to return balance to the markets and to recreate a middle-class.

  AlanC     Share   Monday, February 27, 2012 8:53:35 AM 
Re: fourkids_9pets post# 8844     Post #  of 8846   

I notice that several abused companies seem to be doing huge reverse splits thinking it will make a difference and that their company will no longer be attacked. That did not work for FFGO, the company was abusively shorted for several years then did a 200/1 reverse split and the shareprice went to .20 and in the matter of a few days had been shorted down to .02 where I purchased my first shares. From there the shorting continued abusively to the point where for the last two years of its trading it was virtually 100% short sales to the tune of billions of shares based on FINRA reports. In fact, it was so bad FINRA stopped its bi monthly SHO reports and has refused to answer questions as to why which have been made by several shareholders including myself. FFGO announced it would be paying liquidating dividends to shareholders equal to a 3449% return but could not announce the date they would be paid. The SEC recently revoked their registration because longs like me continued to buy shares. Here are the FINRA numbers fwiw:

FINRA short sale numbers for Novemeber 2010 for FFGO!!!

20101101|FFGO|2849999|3849999|0 74%
20101102|FFGO|1750000|1750000|O 100%
20101103|FFGO|7000000|7107200|O 98%
20101104|FFGO|2000000|2000000|O 100%
20101105|FFGO|7999999|10999999|O 73%
20101108|FFGO|15050000|26500000|O 57%
20101110|FFGO|1000000|2898917|O 34%
20101111|FFGO|2419999|2419999|O 100%
20101112|FFGO|3100000|3200000|O 97%
20101116|FFGO|1000000|1340000|O 75%
20101117|FFGO|6000001|10778584|O 56%
20101118|FFGO|2000000|4014600|O 50%
20101122|FFGO|19845000|19845000|O 100%
20101123|FFGO|500000|1000000|O 50%
20101130|FFGO|20385000|21035000|O 97%
Nov. totals: 79,354,998.00 107,739,299.00 74% sold short

Here are the FINRA short sale numbers for December 2010:

20101202|FFGO|999999|999999|O 100%
20101203|FFGO|615000|4585000|O 13%
20101206|FFGO|1100000|1220000|O 90%
20101207|FFGO|700000|3700000|O 19%
20101208|FFGO|750000|1017259|O 74%
20101209|FFGO|2500000|4500000|O 56%
20101210|FFGO|57089999|74194973|O 77%
20101213|FFGO|6000000|10005000|O 59.7%
20101214|FFGO|28900077|31695902|O 91%
20101215|FFGO|5500000|5704441|O 96%
20101216|FFGO|33250000|54755000|O 61%
20101217|FFGO|8890998|9340998|O 95%
20101220|FFGO|5615800|6660800|O 84%
20101221|FFGO|9600000|11200000|O 86%
20101222|FFGO|24577777|31723803|O 77%
20101227|FFGO|154399995|176901620|O 87%
20101228|FFGO|4999999|4999999|O 100%
20101229|FFGO|9382269|9426819|O 100%
20101230|FFGO|7000000|7010000|O 100%
20101231|FFGO|4081168|8192303|0 50%
Dec. totals: 361,453,081.00 457,833,916.00 79%


2010 short sale totals: 440,808,079. out of a total volume of 565,573,215 or 78% shares sold short. Note well the SEC only started publishing FINRA's daily short sale numbers in Nov. of 2010.


January 2011

20110103|FFGO|20000000|22953402|O 87%
20110104|FFGO|9100000|9400000|O 96.8%
20110105|FFGO|8250000|13250000|O 62.3%
20110106|FFGO|11000000|11220000|O 98%
20110107|FFGO|9999999|9999999|O 100%
20110110|FFGO|400000|900000|O 44%
20110111|FFGO|1500000|2000000|O 75%
20110112|FFGO|1400000|1400000|O 100%
20110113|FFGO|1300000|1800000|O 72%
20110114|FFGO|23859999|38587151|O 61%
20110118|FFGO|3000400|3400400|O 88%
20110120|FFGO|7499999|8099999|O 92.5%
20110124|FFGO|1800000|1800000|O 100%
20110125|FFGO|800000|800000|O 100%
20110126|FFGO|10000000|10000625|O 99.9%
20110131|FFGO|317800|317800|O 100%


February 2011

20110202|FFGO|20700000|36210000|O 57%
20110203|FFGO|13400000|38601000|O 34.7%
20110209|FFGO|200000|365000|O 54.7%
20110210|FFGO|2900000|3700000|O 78.3%
20110211|FFGO|500000|4970000|O 10%
20110214|FFGO|2000000|2006250|O 99.6%
20110216|FFGO|17700000|27770000|O 63%
20110217|FFGO|525499999|528499999|O 99.4% COLD WINTER DAY
20110218|FFGO|7600000|8725000|O 87.1%
20110222|FFGO|10000000|10526708|O 94.9%
20110223|FFGO|2000000|2700000|O 74%
20110225|FFGO|1000000|1455000|O 68.7%

March 2011

20110301|FFGO|1000000|0|1350000|O 74%
20110303|FFGO|1795000|0|3492848|O 51%
20110304|FFGO|100000|0|100000|O 100%
20110307|FFGO|1800000|0|1800000|O 100%
20110311|FFGO|500000|0|500000|O 100%
20110314|FFGO|2000000|0|2000000|O 100%
20110315|FFGO|3500000|0|4500000|O 77.7%
20110316|FFGO|11500000|0|11500650|O 99.99%
20110317|FFGO|3114000|0|3617357|O 86%
20110318|FFGO|13020000|0|13020000|O 100%
20110324|FFGO|150000|0|701113|O 21%
20110325|FFGO|110000|0|110000|O 100%
20110329|FFGO|1497300|0|1497300|O 100%
20110331|FFGO|1999999|0|3430269|O 58%

April 2011

20110404|FFGO|5891100|0|6651100|O 88.5%
20110405|FFGO|126400|0|126400|O 100%
20110406|FFGO|150000|0|150000|O 100%
20110411|FFGO|456000|0|456000|O 100%
20110413|FFGO|876543|0|876543|O 100%
20110414|FFGO|4100000|0|4741400|O 86.4%
20110415|FFGO|1500000|0|2500000|O 65%
20110420|FFGO|100000|0|100000|O 100%
20110421|FFGO|1560000|0|1560000|O 100%
20110425|FDTC|4000|0|25000|O 16%
20110426|FFGO|1000000|0|1000162|O 99.9%
20110427|FFGO|1000000|0|1000000|O 100%
20110428|FFGO|8072700|0|8322700|O 96.9%
20110429|FFGO|30210000|0|30210000|O 100%

May 2011

20110502|FFGO|4476700|0|4476700|O 100%
20110503|FFGO|7338600|0|10788600|O 68%
20110504|FFGO|2000000|0|2000000|O 100%
20110505|FFGO|1620000|0|2140000|O 75.7%
20110506|FFGO|1500000|0|1505583|O 99.6%
20110509|FFGO|1000000|0|1000000|O 100%
20110511|FFGO|3000000|0|3040000|O 88.2%
20110512|FFGO|7200000|0|8200000|O 87.8%
20110516|FFGO|8200000|0|8300000|O 98.7%
20110517|FFGO|4099900|0|4199900|O 97.6%
20110518|FFGO|585000|0|585000|O 100%
20110520|FFGO|1000777|0|1000777|O 100%
20110523|FFGO|2000000|0|2000000|O 100%
20110524|FFGO|500000|0|800000|O 62%
20110525|FFGO|18585000|0|18585000|O 100%
20110527|FFGO|1000000|0|1000000|O 100%
20110531|FFGO|7628700|0|8031462|O 94.9%

June 2011

20110603|FFGO|400000|0|400000|O 100%
20110606|FFGO|2710000|0|2710000|O 100%
20110607|FFGO|24000000|0|24000000|O 100%
20110608|FFGO|173800|0|173800|O 100%
20110609|FFGO|2500000|0|2500000|O 100%
20110610|FFGO|83100|0|83100|O 100%
20110614|FFGO|1500000|0|1500000|O 100%
20110615|FFGO|1000000|0|1000000|O 100%
20110616|FFGO|2000000|0|2000000|O 100%
20110617|FFGO|1105223|0|1355223|O 81.5%
20110621|FFGO|423000|0|423000|O 100%
20110623|FFGO|1000000|0|1000000|O 100%
20110624|FFGO|3401333|0|3401333|O 100%
20110629|FFGO|8619200|0|8619200|O 100%
20110630|FFGO|200400|0|200400|O 100%

July 2011

20110701|FFGO|5497995|0|5497995|O 100%
20110706|FFGO|400400|0|700400|O 57%
20110711|FFGO|500000|0|1400000|O 35%
20110714|FFGO|1102699|0|1102699|O 100%
20110715|FFGO|300100|0|400100|O 75%
20110718|FFGO|10850000|0|10850000|O 100%
20110719|FFGO|74000000|0|74000000|O 100%
20110720|FFGO|54100000|0|54100000|O 100%
20110722|FFGO|30000000|0|30000000|O 100%
20110725|FFGO|10346500|0|10346500|O 100%
20110727|FFGO|2400100|0|3400100|O 70.5%

August 2011

20110801|FFGO|8900000|0|8900000|O 100%
20110803|FFGO|5550000|0|5550000|O 100%
20110804|FFGO|7000100|0|10325100|O 67%
20110805|FFGO|5573333|0|5723333|O 100%
20110808|FFGO|405800|0|405800|O 100%
20110809|FFGO|3400000|0|3500000|O 97.1%
20110811|FFGO|3279000|0|3279000|O 100%
20110812|FFGO|100100|0|100100|O 100%
20110815|FFGO|14500000|0|14500000|O 100%
20110816|FFGO|1000000|0|1000000|O 100%
20110817|FFGO|10490000|0|10490000|O 100%
20110818|FFGO|4000000|0|4000000|O 100%
20110822|FFGO|467000|0|467000|O 100%
20110823|FFGO|55633600|0|55633600|O 100%
20110824|FFGO|500000|0|500000|O 100%
20110825|FFGO|750000|0|750000|O 100%
20110829|FFGO|1500000|0|1500000|O 100%
20110831|FFGO|45327062|0|61885560|O 73.2%


September 2011

20110901|FFGO| 777000|0| 832000|O 93.3%
20110902|FFGO|4000000|0|4000000|O 100%
20110908|FFGO|1920000|0|1920000|O 100%
20110909|FFGO|2500000|0|2500000|O 100%
20110913|FFGO|5000000|0|5299100|O 94.3%
20110914|FFGO|3000000|0|3000000|O 100%
20110923|FFGO|2000000|0|2320000|O 86.2%
20110928|FFGO|1000600|0|1125600|O 88.8%

Month totals: 20,197,600/20,996,700 96.1%

October 2011

20111003|FFGO|500000|0|500000|O 100%
20111004|FFGO|2000000|0|2000000|O 100%
20111005|FFGO|310000|0|590000|O 52.5%
20111006|FFGO|600000|0|1600000|O 37.5%
20111010|FFGO|100000|0|100000|O 100%
20111012|FFGO|2010000|0|2390000|O 84.1%
20111013|FFGO|2999999|0|2999999|O 100%
20111014|FFGO|4000000|0|4000000|O 100%
20111018|FFGO|8000000|0|11000000|O 72.7%
20111019|FFGO|1000000|0|1000000|O 100%
20111026|FFGO|2150000|0|2150000|O 100%


Month totals: 23,659,999/28329,999 83.5%

FFGO YEAR TO DATE

JAN 110,228,197/ 135,899,376
FEB 603,499,999/ 665,528,957
MAR 42,086,299/ 47,619,537
APR 55,046,743/ 57,719,305
MAY 71,734,677/ 77,653,022
JUN 49,116,056/ 49,366,056
JLY 189,497,794/ 191,797,794
AUG 168,375,995/ 188,509,493
SEP 20,197,000/ 20,996,700
OCT 23,659,999/28,329,999
Year to date totals

1,333,442.759/ 1,453,420,239 91.7% SHORT VOLUME for shares sold in 2011

regsho.finra.org/FORFshvol20110324.txt
Total short volume since FINRA began publishing records in Nov. 2010:
1,774,250,838 short shares sold out of total volume of 2,018,993,454 or 87.9% of all shares sold were sold short!

With the recent Credit Suisse and UBSS fines for mismarking short sales and calling them long sales I believe it is likely that 100% of the volume was short sales since FINRA began making records public and who knows for how long before that. Great West Gold which FFGO was FKA began publicly complaining about the naked shorting of its stock in 2005.

5T WD haha

BMFL<OD

next week(s) is here

Who's Next!


http://www.youtube.com/watch?v=BfuWXRZe9yA

http://www.youtube.com/watch?v=pQBLi5mukmI

Stay one step ahead of the Hyenas!