CWNM – Pump And Dump Alert – January 25, 2013
This week were exposing one of the most popular Pump & Dumps: Crown Marketing (CWNM).
That said, welcome to Pump and Dump Friday, where every week we identify at least one of the many potentially bogus promotions going on in penny stocks today.
If you dont know how these schemes work, be sure to check out this free report that exposes the whole thing.
Without further ado, here is todays disaster waiting to happen:
Crown Marketing (CWNM)
Here we are again, dealing with yet another company with a shady, mixed up past
Prior to 2010, Crown Marketing was known as Green4Green so the history on CWNM is a bit thin to say the least. With that said, the pumpers are relying on the future potential of the company, a patented controlled drug delivery technology.
The companys website looks very professional, and at quick glance a potential investor might think theyre getting in on some big-time pharma company. But nothing could be further from the truth! Of course, the press releases have been coming fast and furious since January 16th
Coincidence- I think not.
Given the number of pumpers and the money out there on CWNM, it comes as no great surprise. Its a tactic often used by pumpers when they plan a big campaign. They need to make sure the company gets news out there for them to discuss!
And theres more than just one pumper touting Crown Marketing. Heres a partial list-
- Stock Mister was paid $85,000 by Bayside Financial
- Mad Money Penny Stocks was paid $60,000 by Winning Media, LLC
- Buzz Stocks expects to be paid $5,000 by Galaxy, LLC
- The Bull Report was paid $15,000
- James Connelly and Penny Stock Prophet expect $30,000 from Winning Media, LLC
By my count, thats $195,000 being spent to pump a $0.15 stock! And these third parties do stand to make more money by getting the stock pumped than by investing in the stock itself. Thats because the financials at Crown Marketing are horrid!
For the three months ending September 30, 2012 (yep, thats last year), CWNM lost $11,493 on $0 revenue. Additionally, outstanding share count grew from the year prior- 43.4 million to 64.7 million a roughly 50% increase in shares!
Hey, they have to pay the bills somehow, so they need to issue shares to keep the lights on. Oh yes, cash in hand jumped from $132 in March of last year, all the way to $15,229. And thats on $0 revenue! (Its amazing how that happens.)
That means the shares of Crown Marketing have no underlying value except for what future business the company may potentially become profitable in someday maybe (if youre lucky).
After hearing all that, I hope youll ignore the pumpers and avoid buying shares of CWNM!
Other Penny Stocks Being Pumped This Week
SWVI Victory Stocks expects to be paid 10,000
SFPI Shazam Stocks was paid $100,000 by Full Corp Trading Limited
A final word (and warning).
This is just one of the potential pump and dumps we’ve seen lately.
Remember, theres a lot more of this going on than we can 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 schemes and scams out there these days!
Until next time,
Brian Walker
Category: Pump & Dump Alerts
