~ BUYER BEWARE ~
This Company Looks Like A Serious Pump And Dump, where you can expect the stock to get slaughtered as the cheap stock hits the market...
Today's press release by IMAL was nothing but one of the oldest con jobs in the scam penny market. The con goes like this...
Make an announcement associating yourself with high quality blue chip companies.
Here's a perfect example
"Today ISCAM announced the consummation of a contract involving UBID, the worlds largest Online Auction Site, including the worlds largest software manufacturer, Microsoft, (NASDAQ MSFT), and the worlds largest Chip Manufacturer, (NASDAQ INTC). Details of the contract remain confidential."
So what really happened in our ISCAM example?
ISCAM bought an old 75MHZ computer for $350.00 from UBID's auction site. The PC was running MS Windows '98 on an Intel chip.
Think that's far fetched? Think again.
IMAL executives admitted today that none of the companies include in today's press release will bring the company any money. In other words all IMAL did was set up links to Toys "R" Us (NYSE:TOY.N), Skechers, Music Boulevard (Nasdaq:NTKI.O), Pet Warehouse, Seattle's Finest Gourmet Coffee, Fitness Zone, Candy Direct, Game Keeper, Officemax (NYSE:OMX.N), and, coming soon, Skymall (Nasdaq:SKYM), Onsale (Nasdaq:ONSL), Rubbermaid (NYSE:RBD.N), Omaha Steaks and Netmarket, a Subsidiary of Cendant Corp. (NYSE:CD.N).
Read the announcement again - but take your rose colored glasses off first...
biz.yahoo.com
Notice how they used the current "hottest" internet names to try to pump up their own stock?
What a crock of crap... Oldest con in the book. Look out for those 2 million shares just sold at $7 to start hitting the market... Pump up the price to Dump out the stock...
All comments IMO
Cheers Steve |
