It's time for a little research on just who you've entrusted with your money:
Who are Amazon's "Officers?"
Jeffrey P. Bezos
John D. Risher
Joy D. Covey
Richard Dalzell
Sheldon J. Kaphan
Oswaldo F. Duenas
John L. Doerr
Tom A. Alberg
My gut tells me there is something seriously wrong with this picture; i.e., a stock goes
relatively unnoticed, splits, then increases 250% from a level that was almost universally
considered extremely overvalued to begin with. I am putting out a call to all those whose
gut instincts tell them that there is something more to the story here than just a short
squeeze. Net-ophiles, those who have the expertise and the sick feeling that something is
seriously wrong here, please GO TO WORK! Research the officers of this company. Find
out how a retailer of commodity items--who is barraged with bad news on a daily
basis--could possibly ascend to the astronomical price that this company enjoys. I
say--definitively--there is more than meets the public eye!!! I will begin the research with a
bit of information I found on one of the company officers, Tom Alberg. See below.
:WILLIAM D. RUCKELSHAUS JOINS GEM RIVER
CORPORATION ADVISORY BOARD:
How much more legitimization could you ask for than the former acting director of the
F.B.I.? So what is Gem River? Before we expose that, let's see what the Stock Detective
has to say about non-specific, forward-looking statements:
Hmmm..... As luck would have it, the Stock Detective site is down.
You can try it later: stockdetective.com
Go to: Stock Detective - Your guide to stock scams, schemes and fraud
In general, it talks about suspect, pump and dump operations claiming that "we are in
negotions with so and so for such and such, and we expect extraordinary income to result
from our efforts..."
Well...what a coincidence. Gem River makes the following claims in their announcement
of Ruckleshaus's joining of the board of directors:
"The company is in the process of completing final details of sales and marketing
arrangements with several well-recognized companies in the jewelry industry. Details will
be announced soon."
Complete article to be found at:
twoten.press.net
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It's interesting to note the stock performance in the months after Ruckleshaus joined the
board: In July `97 it was trading at $2.35' today, July 6, `98, it closed at $.10. Pump and
dump? What happened in the months prior to July, I have no idea because I have yet to
find historical quotes(Canadian) that show that time period.
chart.canada-stockwatch.com
Tom Alberg is also involved with another stock that has quintupled this year. What a
talent this man seems to have in affecting the stock price of those companies he is
associated with. No boring stories here!
About Jeff Bezos: I have heard somewhere on this board that his past experience is
investment banking. The Stock Detective has a little to say about this sort of person:
"If the company officers' dominant overall experience involves "investment banking,"
beware.This situation may be no more than a bunch of ex-brokers that have obtained a
shell company to play with. This group will know how to move the stock, but probably
little about the industry it's joining. Their intentions may be pure, or they may be out to
lure gullible investors into a "pump and dump" scheme."
How about a little D.D. on the part of those who have lost so much in this "sharade of the
century." Let's dig folks. I truly believe there is something there. Think about it: This
stock hasd risen $200 dollars(pre split) in a matter of weeks. If there is not something
seriously illegal going on, then there are serious deficiencies in our securitites regulations;
e.g., reporting requirement of 5% ownership of "Total shares" in lieu of "Float."
There is a problem here one way or another!!!
Sincerely, best luck, due dilegence should prevail in the end,
Pblc Srvnt |
