DIMI, MFTH – Pump And Dump Alerts – July 17, 2012

| July 17, 2012 | 0 Comments

Pump and DumpWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies:  DiMi Telematics International (DIMI) and Medisafe 1 Technologies (MFTH).

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”:

DiMi Telematics International (DIMI)

DiMi is a cloud-based business intelligence and two-way communications platform that captures and integrates real-time data from networked tracking, monitoring, alarm and alert systems, sensors, and devices.  For the three months ending May 2012, DIMI had $0 revenue and lost $58,714.

Shares of this penny stock trade near $0.08.

PennyStocksPAYD purchased 40,000 shares of DIMI at $0.0965 prior to pumping the stock.   

Medisafe 1 Technologies (MFTH)

Medisafe 1 Technologies is a development stage company attempting to develop a commercial application for administering medicine.  MFTH’s product is a device that is supposed to prevent errors in administering medications.  For the first quarter of 2012, the company lost $148,328 on $0 revenue.

Over a year ago, we exposed a pump and dump scheme being run by Penny Stock Alerts on shares of MFTH.  At the time, shares reached as high as $0.015.

Currently, this penny stock trades around $0.0025.

Epic Stock Picks was paid $20,000 to tout shares of MFTH.

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.