AAVG, EMXC, LEHMQ, KORE – Pump and Dump Alerts – June 10, 2011
Welcome to Pump and Dump Friday, where every week we highlight a few of the bogus promotions that are going on in penny stocks.
If you dont know how these scams work, be sure to check out this free report that exposes the whole thing.
Without further adieu, here are this weeks disasters waiting to happen:
AvStar Aviation Group Inc. (OTC PINK: AAVG)
Well, we start off with a company with 4 aircraft no check that, they just borrowed a 5th one. Now the fleet can really take off? Yeah and go nowhere. This midget company is a regional transport and repair facility. Its not clear what they transport, but they do twist wrenches on Cessna aircraft. Unfortunately, the aviation industry has been hard hit by the recession. And many small companies have gone out of business. AAVGs net profits have slumped to negative 20%… so I doubt this company will be flying high anytime soon.
eMax Holding Corp. (OTC PINK: EMXC)
Now this company isnt sure what theyre good at they sell older CD music titles, motorcycle accessories, and even own a poultry/produce farm. But digging deeper into this enterprise showed me they are good at one thing issuing stock to pay for everything from rent to salaries. And with $12k in the bank, its no wonder! Im thinking these farmers are going to keep laying lots of eggs!
Lehman Brothers Holdings Inc. (OTC PINK: LEHMQ)
These guys hold an incredible record they can be proud of filing the largest bankruptcy in US history! But really, theyre just notorious Financial Crisis crooks so what are they up to now? Well, most of their time is spent arguing with their Bankruptcy trustee. Sure looks like they dont do anything at all!
Its unclear why their company has recently been pumped up by Superbirdstocks. This is a ridiculous effort, but pushers have tricked investors into buying over 3 million shares today – making a market for Lehmans skeletal remains. WOW, making money from the dead they should be ashamed.
Kore Nutrition Inc. (OTCBB: KORE)
Here weve got a Pump and Dump featured by OTC Picks.com and they pocketed $37k for blowing lots of hot air. The company makes an energy drink, targeting millions of poker players in the US – so they can stay up for hours – losing their money.
In March 2011, they posted puny revenue of $3,000, but have a king size negative operating cash flow of $1.08M.
Listen, this Texas Holdem shill makes no money. Even with all the hype and fluff, there will be no profits ever. This is one hand I wouldnt bet anyones money on!
A final word (and warning).
So that takes care of this week’s inglorious “pump and dumps”.
Remember, there’s a lot more of this going on each week than we highlight here.
As you know, penny stocks are a great place to invest your money. You just have to do your due diligence to stay away from all the scams out there these days!
Until next time,
Brian Walker
Category: Pump & Dump Alerts
