speculatorsplay.com
Laforza Common Stock Promoted by TheStockAdvisor.com
By Baruti M. Kamau, Staff Reporter
Cincinnati, Ohio - June 20, 2002 (Speculators Play) - Laforza Automobiles Inc. (Pink Sheets: LFZA) has hired TheStockAdvisor.com to promote their common stock in exchange for 1 million free trading shares. In two promotions dated April and May 2001, TheStockAdvisor.com discloses: "Section 17(b) of the Securities Act of 1933 requires that TheStockAdvisor fully disclose the type of consideration (i.e. cash, free trading stock, restricted stock, restricted stock with registration rights, stock options, stock warrants, or other type consideration) and the specific amount of the consideration our company receives or will receive, directly or indirectly, from an issuer, underwriter, or dealer." From April 2001 to June 2002, LFZA common stock has traded as high as $0.03 to a low of $0.008 per share according stats gathered from PinkSheets.com.
Though the "buy" recommendation promoted by TheStockAdvisor.com is biased, Laforza Automobiles appears to be a promising speculative investment. At urls thestockadvisor.com and thestockadvisor.com existing and prospective investors can review an elaborate writeup with limited financials concerning the Laforza company.
Considering the recent volume increase in LFZA shares, existing investors bent on accumulating more shares have a better idea of who is selling this stock. Those of us who are buying and holding Laforza Automobiles common stock for the long term hope there is enough interest in the stock by individual investors to absorb the shares dumped onto the open market by the likes of TheStockAdvisor.com. Shareholders like myself feel that Laforza Automobiles should be a little wiser in the future about the method of payment for the promotion of their stock. Stock promoters should be paid in cash or restricted stock, not freely trading stock. In my opinion, if a company pays stock promoters in freely trading stock, then the company should only do so when there is genuine intentions of a stock buy back. Otherwise shareholders are forced holding the bag of a highly diluted penny stock.
Separately, Euroexposure.com has listed Laforza Automobiles as a central component of their investment portfolio. Click on euroxposure.com for more info.
Laforza Automobiles Inc. manufactures and distributes a luxury-class Italian sport utility vehicle available in the United States. The bodywork is styled by the renowned automotive stylist Thomas Tjaarda and is manufactured in Cherasco, Italy by Magnum Industriale. The drive train is a Ford 5.0 liter V-8 engine. The Company has recently added the Laforza Magnum PSV (personal security vehicle) and the Laforza VAV (military personnel vehicle). Final Assembly is performed at Laforza factory facilities in Cherasco, Italy and Escondido, California.
Filed on 6/20/02 at 08:22 EST |
