FRCN, LXES – Pump And Dump Alerts – May 3, 2012

| May 3, 2012 | 0 Comments

Pump and DumpWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies: Firemans Contractors (FRCN) and Lexington Energy Services (LXES).

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”:

Firemans Contractors (FRCN)

Firemans Contractors is a development stage, full-service painting company.  They offer parking lot striping and parking lot maintenance services.  The company plans on franchising their business.

Back in November 2011, we exposed a paid promotion being run by Investor Soup on FRCN.

At the time of last year’s promotion, FRCN was trading at $0.11.  Right now, shares of this penny stock trade near $0.05.

Ultimate Penny Stock (via Mondo Marketing) was paid $700,000 to pump shares of UAPC.

Lexington Energy Services (LXES)

Lexington Energy Services is an exploration stage company prospecting for, and acquiring mineral properties for exploration.  LXES has an option to acquire 100% interest in a maritime concession located in a sector of the seabed in Chile.  LXES terminated their SEC registration effective December 2011.

Shares of this penny stock are now trading around $0.02 each.

Club Penny Stocks was paid $22,500 by Crème Dellatex LLC to hype shares of LXES.

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 Kent is the Editor for He also pens Penny Stock All-Stars, an investment advisory focused on discovering small-cap and micro-cap stocks that are destined to become the market's next Blue Chips.