NSRS, CSOC – Pump And Dump Alerts – February 1, 2012

| February 1, 2012 | 0 Comments

Pump and DumpWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies:  North Springs Resources (NSRS) and Caduceus Software Systems (CSOC).

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

If you don’t know how these scams 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”:

North Springs Resources (NSRS)

North Springs Resources is a gold exploration and mining company operating in Nevada and Arizona.  Yesterday the company announced they are entering an agreement with Discovery Gold Ghana Limited. 

In the agreement, NSRS must pay a total of $1.25 million with an initial payment of $250,000.  The “earn in” agreement will give NSRS a 10% working interest in a property in the Western Region of Ghana. 

Unfortunately, NSRS has already committed $500,000 of a $1 million loan to their project in Arizona.  And currently, NSRS has no source of revenue. 

NSRS is trading near $0.78.

Free Penny Alerts LLC, including all of their subsidiary promotional sites, were paid $600,000 by Nahulate S.A. to pump shares of NSRS.

Caduceus Software Systems (CSOC)

Caduceus is a developmental stage company working on an all-in-one software solution for doctors.  CSOC was formerly a distributor in the laminate flooring business.  The company has yet to earn any revenues and does not anticipate earning revenues in the upcoming quarter.

Shares of this penny stock are currently trading near $0.025.

Penny Stock Explosion was paid $5,000 by V3 Services to hype shares of CSOC.

A final word (and warning).

These are just a few of the current inglorious “pump and dumps”.

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

For more in-depth coverage of 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 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.