CABN, MIBI – Pump And Dump Alerts – June 19, 2012

| June 19, 2012 | 0 Comments

Pump and DumpWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies: Carbon Sciences (CABN) and Mobile Integrated Systems (MIBI).

Here we identify a couple of the potentially “bogus” promotions going on in penny stocks today.

If you don’t know how these schemes work, be sure to check out this free report that exposes the whole thing.

Without further ado, here are today’s “disasters waiting to happen”:

Carbon Sciences (CABN)

Carbon Sciences is a development stage company developing a technology to make transportation fuels and other products from natural gas methane and carbon dioxide.  The company was formerly known as Zingerang, Inc and changed their name in April 2007.  For the first quarter of 2012, CABN lost $881,000 on $0 revenue.

This penny stock now trades near $1.23.

Blue Wave Advisors, LLC was paid $145,000 directly from Carbon Sciences, Inc.  In addition, Blue Wave had previously purchased 1 million shares of CABN and sold them on the open market already.   

Mobile Integrated Systems (MIBI)

Mobile Integrated Systems is a technology company focused on the development and deployment of mobile products and transaction systems. MIBI, through its subsidiary, Mobilotto Systems, provides a lottery solution for the purchase and tracking of lottery tickets, as well as direct-to-player, two-way messaging using mobile phones and location based technologies. The company was formerly known as Loto Inc. and changed its name to Mobile Integrated Systems in March 2012.  For the 3 months ending February 2012, MOBI lost $183,096.

Currently, shares of this penny stock trade around $0.24.

Penny Stock Pros was paid $30,000 by Data Systems Technology, Inc. to pump shares of MIBI.

A final word (and warning).

These are just a few of the potential “pump and dumps” we’ve seen lately.

Remember, there’s a lot more of this going on than we can highlight here.

For more in-depth coverage of potential penny stock pump and dumps, be sure to sign up for our free newsletter, Penny Stock Research.

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 schemes and scams out there these days!

Until next time,

Brian Walker

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Category: Pump & Dump Alerts, Pump & Dump Daily

About the Author ()

Brian joins the Penny Stock Research team as a seasoned independent trader and financial analyst. Brian graduated with a B.S. from the University of North Florida and now resides in Scottsdale, Arizona. With a background in economics and statistics, he has a keen ability to uncover profitable and growth-focused companies. He has years of real life know-how in analyzing fundamental and technical data that gives him an edge drilling down on companies and financial results. With over 15 years trading experience, Brian has become an expert in the ever-changing equities markets. Today, he scours the markets hunting for penny stocks that offer low risk and high reward.

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