Remember LiveStock is later today 1-2PM EST, we’ll be talking about this company, tune in
UPDATE: Here’s a better scan of the shady AENY promotional mailer that got this stock higher…I’d LOVE to hear the CEO comment on it…I remember old timer KYUS coming out with a PR saying they didn’t realize their stock was being pumped…yeah right!
It’s always interesting to see penny stock CEOs respond to me on message boards & with blog posts…it’s happened with Imaging3, Inc. (IMGG) (60% off its pumped up highs) and EMERGENT HEALTH CORP (EMGE) (right before the stock got halted…and the stock dropped 90%…the CEO’s blog post about me got deleted, but not before I wrote this post highlighting some it)
Do the idiots even understand that posting on message boards raises even more red flags? I have no position (actually it’s a potential buy for me based on the possibility of news later today), but it astounds me how ignorant these people can be and that’s why I would trust the word of a homeless guy asking me for $5 for liquor more than any penny stock CEO.
Take the latest message posted on IHub apparently from Americas Energy Compnay (AENY) co-CEO Chris Headrick…it was in reply to my blog post about their stock rising based on a paid promotional mailer and the fact that Canada issued them a cease trading order.
I’ve already written about the lengthy online advertisement that got the stock up and you can see the $700,000 hardcopy promotional mailer (used to “pump”):
But it’s interesting to note that this apparent CEO posting alluded to the fact that they’d have news later today about the Cease Trading order…more red flags, you can’t disclose upcoming news in a message board post!!
Let’s see what you think, is this message really from the CEO (it was posted several times on IHUB and Yahoo boards):
I thought it might be of benefit for all of you spouting off about our company to recognize a couple of facts:
1. If you post false or misleading statements that cause our company and it’s investors harm, we will pursue all available legal remedies to stop you!
2. Should you doubt our ability to pursue you please check the following links;
http://www.seroundtable.com/archives/006…
http://news.cnet.com/2100-1023-215292.ht…
We are NOT a PUMP and DUMP company, we are producing coal and oil, purchasing the facilities and property we need to continue to grow value in our company. NONE of our Executive team has sold as much as one share of stock in this company, we are ALL in for the long run.
If you disagree with something we as a company might do, or have suggestions on improving our operations, we encourage you to participate in these boards… if you are here only to disparage our company and cause us financial harm, be prepared for the consequences.
As to the BCSC Cease Trade order please visit our website tomorrow afternoon for updated news!
www.americasenergycompany.com
Regards,
Chris Headrick
President & Co-CEO of Americas Energy Company
See my followup, which has yet to be responded to:
Interesting, what are your dealings with Bistro Ltd. who paid six figures to blast out advertisements about your company? You understand that there are multiple email advertisements being sent out about AENY and even a harcopy mailer…only the most nefarious companies partake in such promotion…in order words, these ads serve to promote, or “pump” up the stock price (which has happened) and dumping is not necessarily executives, but when a company raises funds at such pumped up prices…I can rattle off a hundred tickers to educate you as they all have the same kind of chart and situation as you.
I’d love an answer to my question, but I’m guessing you’re just gonna play dumb…I remember KYUS even put out a press release saying they had become aware that there was suspicious promotion on their stock….LOL, they too hard a hardcopy mailer but paid more than Bistro Ltd.
I’m excited for your answer!
Tim
Tags: AENY, Manipulation, Pump & Dumps
