Scammy CEOs

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Live Updating

Older

Cassandra

05/01/11 6:06 PM

Post #131

Re: #130: @stocksszzq - thx for this Cassandra... appreciate the good work

Thanks stocksszzq, I often wonder why I feel compelled to warn people about what I see as probable stock scams or fraudster CEOs (especially since I'm not paid to do so and have never traded PK stocks myself).

Unfortunately for me, I have a rather high track record of accuracy in recognizing and warning about stock scams, including officers/insider fraudsters who dilute or dump shares before most other retail shareholder posters release their pre-conceived notions enough to see it, which by then, they've usually already lost the majority of their investment.

This fact keeps me driven to perform due diligence (DD), even though uncompensated, and to look for the risk issues that aren't generally revealed by OTC/PK-traded companies or discussed by posters on their message boards. I also find it intriguing to seek, find and reveal direct connections to parties involved in (alleged or already exposed) stock scams and fraudulent actions, which is not an uncommon occurrence.

When companies are not truly transparent with investors in timely ways, they are at risk to suffer far worse consequences meted by their investors, especially if they release insufficient or inaccurate information, which looks like an attempt to deceive.

stocksszzq Free

04/10/11 2:12 PM

Post #130

Re: #129: @Cassandra - Brian Barrett, CEO of SSPT and formerly CEO

thx for this Cassandra... appreciate the good work you are doing.

Cassandra

01/17/11 1:26 AM

Post #129

Brian Barrett, CEO of SSPT and formerly CEO of GESM (now CLDR), is a major stock diluter and scammy CEO. His dilution schemes at both companies involved Big Apple Consulting and questionable Reg D 504 private placement stock sales issued as free trading intstead of restricted stock.

CiscoTrader Free

12/25/09 10:39 PM

Post #128

Perfect Scammy CEO... CDOI...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44855578

JC$

11/05/09 11:53 PM

Post #127

Peter Collorafi of RVGD. LIED numerous times. Just read Past Pr's.

JimsZ

10/06/09 12:03 AM

Post #126

Re: #125: @wolveryne9 - i guess you guys can be adding spongetech

Damn... Soapy is in a lot of BS isn't he? Also modding for SWVL, HCKE which is one scam stock to beat all hell!

I will stay away from any stock Soapy is even posting on, let alone modding for!

mike08201

02/05/09 4:07 PM

Post #124

Re: #123: @wolveryne9 - thats nothing pcso formerly hcpc did a 100,000

Lucky me,

I was in both

poof! there used to be $$ there

wolveryne9 Free

02/03/09 9:13 PM

Post #123

Re: #121: @mikronn - Please add NUBV/NBVG and Kenyatto Jones - 1:50000

thats nothing pcso formerly hcpc did a 100,000 to 1 reverse split

wolveryne9 Free

02/03/09 7:36 PM

Post #122

HGLC is a good one that should be up there they have a 300 billion share count 300 billion!!!and they have sold the same mockingbird mine 3 times now and they are mining it as well.

mikronn

01/29/09 11:57 AM

Post #121

Please add NUBV/NBVG and Kenyatto Jones - 1:50000 R/S earlier this month (Jan 2009), loads of false promises, no product, excuses, etc....

woogieboogiedance Free

10/23/08 11:02 AM

Post #120

Please add Scott Watkins (CCMC.PK)

ALL IN MY OPINION ONLY

PIZZABUSTER1 Deceased

08/09/08 11:14 AM

Post #119

Re: #101: @GoinGreen - LMAOOOOOOOOOOOOOOOOOOOO! Too funny. Hope all is

birds of a feather flock togethor,, hehehhehe

GoinGreen

07/29/08 2:34 PM

Post #118

Re: #117: @asus - Remind me to invest in Alzheimer's drug companies

LOL. You got it bud.

asus

07/29/08 2:32 PM

Post #117

Re: #116: @GoinGreen - Spoken many times, don't have premium account here

Remind me to invest in Alzheimer's drug companies in a couple years.. wink

GoinGreen

07/29/08 2:31 PM

Post #116

Re: #115: @asus - Yep I know, didn't think you were upset.

Spoken many times, don't have premium account here anymore. Party knows who I am. Hope you are well!

asus

07/29/08 2:28 PM

Post #115

Re: #110: @GoinGreen - Yes you do and I was agreeing with

Yep I know, didn't think you were upset. But don't remember you.. Did we meet or just from the board?

BerryBuck

07/29/08 2:06 PM

Post #114

Re: #113: @GoinGreen - What about our boy from Xtreme Motorsports, that

oh that lying. pos. when you pm'ed me and told me to cut my losses i should have. cost me plenty.

look at the pic. of james plant in the ibox. he will do a little time i fiqure. he scammed millions. if he doesnt have millions in seperate supersealed bags planted in multiple locations in various state parks(the safest place to bury $$)
or stashed some other foolproof way he is a natural born retard. can you imagine pulling some crap like that and leaving a paper trail to your $$$. at that point he would have been dumb to even leave any kind of equity anywhere.

http://investorshub.advfn.com/boards/board.aspx?board_id=4398

GoinGreen

07/29/08 1:57 PM

Post #113

Re: #112: @BerryBuck - need to add james plants pic. (ckys) to

What about our boy from Xtreme Motorsports, that douche bag should be on here too!

BerryBuck

07/29/08 1:54 PM

Post #112

Re: #110: @GoinGreen - Yes you do and I was agreeing with

need to add james plants pic. (ckys) to the picture in the ibox.

BerryBuck

07/29/08 1:52 PM

Post #111

Re: #109: @GoinGreen - Hey bro good to see you here.

yep.i was just out whoring around looking for some recycled bicycle tires and killer south american telecom stocks and found this board.. lol.

GoinGreen

07/29/08 1:50 PM

Post #110

Re: #103: @asus - Looks like I struck a nerve.. :-) Do

Yes you do and I was agreeing with you, not upset.

GoinGreen

07/29/08 1:49 PM

Post #109

Re: #107: @BerryBuck - whats up man!! long time. i stalked youhere.

Hey bro good to see you here.

BTC

asus

07/28/08 11:09 PM

Post #108

Re: #104: @BerryBuck - will he ever have to face the music??

Eventually. Whether it's for SLJB or another scam, snakes always face the music one way or another.

BerryBuck

07/28/08 9:15 PM

Post #107

Re: #101: @GoinGreen - LMAOOOOOOOOOOOOOOOOOOOO! Too funny. Hope all is

whats up man!! long time. i stalked youhere. hope all is well.
berry

BerryBuck

07/28/08 9:13 PM

Post #106

Re: #74: @vantillian - Alan McCaa of ETMO is a no-brainer for

sad part is due to the pussification of the men of the human race they get away with it. wouldnt have happened back in the day. it would have been more dangerous than serving new jersey picante sauce to texas cowboys.

BerryBuck

07/28/08 9:09 PM

Post #105

Re: #74: @vantillian - Alan McCaa of ETMO is a no-brainer for

if he were 3 feet under the sand cars he built i dont know if i would ever recover. it might take me 2 or 3 seconds to collect myself and go party.

BerryBuck

07/28/08 9:06 PM

Post #104

Re: #95: @asus - It's great seeing special guests in the Scammy

will he ever have to face the music?? if it was 1898 or so the case would be closed by now.

asus

07/27/08 9:15 PM

Post #103

Re: #101: @GoinGreen - LMAOOOOOOOOOOOOOOOOOOOO! Too funny. Hope all is

Looks like I struck a nerve.. smile Do I know you?

Quote 03-19-08

"Yes, we must, indeed, all hang together, or most assuredly we shall all hang separately." ~Benjamin Franklin to John Hancock

GoinGreen

07/27/08 9:04 PM

Post #102

We need more solid action on this board.

GoinGreen

07/27/08 9:03 PM

Post #101

Re: #95: @asus - It's great seeing special guests in the Scammy

LMAOOOOOOOOOOOOOOOOOOOO! Too funny. Hope all is well Asus!

PENNIEStoSTACKS Free

04/30/08 8:21 PM

Post #100

Re: #99: @Seminole Red - 'GOINGUP11'you got any OLD info on wgl/pagnano to

I really haven't done much DD on him, I've been waiting on a call back from CBS to see if he is indeed scheduled with them or if he is using their name without their permission.
I'll let you know what I find out when I find it out.

BTU

Seminole Red PremiumMember

04/30/08 11:38 AM

Post #99

Re: #98: @PENNIEStoSTACKS - http://whitecollarfraud.blogspot.com/2007/07/advice-to-richard-altomare-universa

'GOINGUP11'you got any OLD info on wgl/pagnano to enlighten the board....

PENNIEStoSTACKS Free

04/21/08 8:53 PM

Post #98

http://whitecollarfraud.blogspot.com/2007/07/advice-to-richard-altomare-universal.html

stylecounciler Free

04/19/08 3:59 PM

Post #96

OK here's one for the list,

DGRI.

The current CEO, Daniel W. Hollis, former head of Small Town Radio, ran that venture into bankruptcy, and is now running a Oregon gold mining venture from the same Atlanta, GA office.

The stock is being "STRONG BUY" recco'ed on multiple message boards. And if you back test the track record of people who post there, well it says alot.

DGRI is on this list.

http://www.blogtoplist.com/rss/stock-promotions.html

many atribute this quote to Mark Twain,

"A gold mine is a hole in the ground, with a liar on top".

asus

04/17/08 8:06 AM

Post #95

It's great seeing special guests in the Scammy CEO rooms. We should do a LLEG pump-o-rama right here right now.

Nah. Let the poor suckers make another Bentley payment for Mr. Curtis.

daviddodd

04/16/08 1:05 AM

Post #94

Rocky Parker, but the scamming extends down the line.
You thought MITD reported $12 million in revenues and a net profit. You thought their business plan was to grow international sales.

The following is just a sample of creativity that Ben Glisan and Kenneth Lay would wink at!

From the 2007 10K filed 4/15/2007.

Page 25 of the SEC Filing:
"... the Company has a single receivable from a customer in the Dominican Republic for $2,416,500. Terms of the invoice are 25%-60/25%-90/25%-180/25%-360. The initial installment was due September 20, 2007. This receivable is included in our revenues for 2007, Nine thousand dollars has been received on this invoice. The Company is relying upon collection of the balance of this invoice to expand its international sales. As of December 31, 2007, this receivable remained uncollected.

This receivable, according to the 3Q Filing was invoiced on June 20, 2007. And according to that filing the $2.4 million in sales generated $1.5 million in Net Income!!!

In other words the reported $12.7 million in revenues was really more like $10.3 million and the net income of $79,890 includes the stated net income from the 3Q filing, page F-13 of $1,518,199. Resulting in a loss of $1.4 million.

Sounds like strike one and strike two.

Now look at this, also on Page 25 of the 2007 10K Filing.

"On April 4, 2008, we received a letter from Northern indicating that Northern considered MIT in default of its obligations under the credit agreement, and declaring all amounts under the credit agreement due and payable in full immediately. Subsequent to this letter, we received oral assurances from Northern that they would continue to fund MIT for an additional 60 days from April 4. We can make no assurances that Northern will continue to fund MIT for that period, no assurances we will be able to pay Northern at the end of that period, and no assurances that we will be able to find alternate funding on terms favorable to the Company or at all."

Strike three. In the red and hanging by a thread.

Caveat Empty.

weekidog

04/14/08 8:42 AM

Post #93

Great Board!!SLJB for No 1!!!! I want Scorpio as Master of Ceremonies! And the winner is .....
Is there a board for Repeat Pumpers?

kermit42

04/11/08 10:12 AM

Post #92

Re: #91: @Polaroid - You being a lawyer doesn't mean anything as

Thanks for making it your last post. Your concerns have been carefully considered...a year ago.

Polaroid

04/11/08 10:10 AM

Post #91

Re: #90: @kermit42 - Relax. Read the IBOX. And I'm a lawyer.

You being a lawyer doesn't mean anything as far as Im concerned people that are quick to point fingers are usually have a bit of guilt themselves. As well I know for a fact there are several POSTERS on I hub who are being implicated in slander cases being generated. All I am saying is that most people don't know what they are talking about half the time and just post and follow the leader because they heard some stuff about some people.
This will be my last post.

kermit42

04/10/08 11:24 AM

Post #90

Re: #89: @Polaroid - I hope you all know that without 100%

Relax. Read the IBOX. And I'm a lawyer.

Polaroid

04/10/08 8:39 AM

Post #89

I hope you all know that without 100% valid information to back up your claims against these people that they can pursue legal actions against you for slander and defamation of character. Just because you post on a message board doesn't mean you are in anyway protected. I am just giving you the heads up... Most of these guys 99% deserve what comes to them which usually isn't much but I would advise you not to get carried away without facts.

GoinGreen

03/13/08 9:51 PM

Post #88

Re: #81: @highline - Don't forget the 1 Billion preferred shares with

Nice pic dude just read you post lol!

BTC

Cowboy

03/01/08 11:58 AM

Post #87

Re: #86: @GoinGreen - Yeah I can't complain about SLJB either.

U did good....I played it and it almost played me...actually several times...lol

GoinGreen

03/01/08 11:10 AM

Post #86

Re: #84: @Cowboy - One of the best scams I ever invested

Yeah I can't complain about SLJB either. Got in subpenny and into the .01's on several million shares. Held it till .13 and points beyond....

Was a nice win!

BTC

goldrusher Free

02/29/08 10:20 PM

Post #85

Re: #66: @EarnestDD - TYHR ... that CEO did a quick and

Both the Chrmn of the Bd and the CEO, Ray Willenberg and Brad Kemp of RSMI certainly belong on your list. A lengthy history
of lies, no product, no revenues, yada yada yada.

Here's one of their latest. They touted a big meeting in
Milan Italy to certify their new technology. Two days before
the meeting, it was cancelled "due to a schedule conflict of
the keynote speaker". Two days!!! It was rescheduled for
mid- January and never came about or was mentioned again.

cheers

PS Guinness is good for you

Cowboy

02/28/08 5:07 AM

Post #84

One of the best scams I ever invested in was CSHD and Rufus Paul Harris.

15 bucks a shares was a little too much koolaid but 4 bucks was more than enough for those who sold at that level.

Rufus might be going to jail but before he does he is enjoying his brand new Bentley automobile and expensive horses.

The moral to the story is don't ever drink the koolaid and you'll be fine...in other words if it is too good to be true then it usually is.

GoinGreen

02/27/08 10:24 PM

Post #83

Oh man I wish I had seen this board earlier.

1. Black Pete (SLJB)
2. Chad Curtis (MDOR)
3. Barry Thomas (GOIH)
4. Alan Mccaa (EMOC)

Those are top four, but I gotta a lotta moe!

highline

10/03/07 10:45 PM

Post #81

Re: #74: @vantillian - Alan McCaa of ETMO is a no-brainer for

Don't forget the 1 Billion preferred shares with a conversion rate of 100 to 1.

zsvq1p

09/23/07 8:31 AM

Post #80

Look out for this!

These are the companies and CEO that don't give a crap about shareholders.. only to look out for themselves! The even tell you!

"not necessarily those of our other stockholders"

You can cut and paste the above and do a search... make sure you include the " "

http://searchwww.sec.gov/EDGARFSClient/jsp/EDGAR_MainAccess.jsp#topAnchor

MerryPrankster Free

09/17/07 4:09 PM

Post #79

Re: #75: @Risicare - I love that AURC one, laughed my ass

Give that guy a cigar and he could be Groucho Marx's brother.

Older

Scammy CEOs

Followers	12	Posters	51
Posts (Today)	0	Posts (Total)	131
Created	04/09/07	Type	Free
Moderators

Disclaimer: This board attempts to consolidate the negative experiences of posters in particular stocks. As so much of what happens is without proof, these are not accusations of wrongdoing. Merely the recounting of events by those who were there. Do your own DD and make your own decisions about buying and selling. All objections to material posted here will be seriously considered.

We've all gotten suckered into diluting reverse splitting pigs that eat your money and don't give even the best trader a chance to make it back. You know the company I mean--not just a failed trade, but a true scam that caused a 80, 90, 100% losses. Where you put in your hard earned money and you're lucky to get back enough for the beer you cry in later. This forum is to list the CEOs of those scammy companies so when we do our DD on a prospect, we know which officers are red flags just for being on the masthead. In your post, tell us a short story of how you got rooked and I'll add the name to our list. 1) Joseph P. Doxey (PRHB nee PHBT) #msg-18627240 2) Shelby E. Ball (CPYJ) #msg-18640566 3) Michael S. Pagnano (WGLT) #msg-18611456 4) Mark Ellis (WNSH) #msg-18624890 5) Frank Olsen (QBID) #msg-18626255 6) James Edward Plant (CKYS) #msg-18647164 Reverse Split Repeat Offenders: #board-3017 Fact-N-Fiction: #board-7690 IHUB's Pump and Dump Hall of Fame: #board-9580 Caution Advised, under review (#msg-18651528): Andreas Cortellazzi CEO Coastal Holdings Denyse Raynault CEO HE-5 Resources Michel de Montigny AKA John Michaels JEAN PAUL CAJOLAIS

Board Info

Posts Today	0
Posts (Total)	131
Posters	51
Moderators

New Post

Volume
Day Range:
Bid Price
Ask Price
Last Trade Time:

Boards:

Quotes:

Boards

News

Market Data

Markets

Discover

Discover

Boards:

Quotes:

Scammy CEOs

Scammy CEOs

Join the InvestorsHub Community

Scammy CEOs

Board Info