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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: StocksDATsoar who wrote (143086)3/30/2005 2:46:58 PM
From: StockDung  Read Replies (1) | Respond to of 150070
 
Stocklemon Reports on BHLL March 30, 2005

Life Expectancy of a Stink Bug- 3 months Life Expectancy of a stink stock- 3 weeks

Bio-Heal Laboratories (PK:BHLL)

Stocklemon alerts you to the latest wave of hype that appears to emanate from the same “alleged fraudsters” who brought us CNDD and AHFI over the last year. Stocklemon informed its readers on both CNDD and AHFI (subsequently halted by the SEC)

stocklemon.com

This time, our friendly neighborhood stock promoters have given us Bio-Heal (BHLL). The promotion is being fronted by the website
primepennystock.com
which alerts us to “BUY BHLL NOW”.

The anatomy of the CNDD and AHFI stock scams promotions are best described in the below article by Junkfax.org

junkfax.org

This site was registered in Luxembourg on February 28, 2005, and has no other information except the tout for BHLL. Nowhere is there is any information identifying the author, nor are there any factual details in its “disclaimer” whatsoever. It does not identify by name any of the management of the company being profiled. There is no link to the company’s website. There is no name or description of the company’s product.

There is, however, a “financial forecast”, which projects $17 million “first full year” revenues, and $381 million “2nd full year” revenues – utterly unsubstantiated.

And there is stock….. lots of stock. According to pinksheets.com, over 42.8 million, creating an instant market cap of over $400 million.

The format and layout of this report, including a table of contents at the top, starting with a link to a “Summary and Investment Conclusion” section, appears to be a near copy of the AHFI tout at USPennystocks.com. The SEC recently indicted the perpetrators of AHFI and CNDD.

sec.gov

Another parallel to the CNDD and AHFI promotions, the HTML tag line “Expect $16 in 4 months, increasing by 700% to $32” has been linked to a huge number of shell search websites, so that when you enter searches such as “BHLL and stock” in Google, the search engine returns dozens of links all parroting the same illegal line, and linking to the above site.

Most of Bio-Heal’s website is “Under Construction”, but we refer you to an astonishing photo book of its Nicaragua clinic
biolabamerica.com
and “product”
biolabamerica.com

Truly these pictures are worth more than thousands of words, except when the words appear in indictments.

BioHeal’s website also links to rainforestamerica.com, which it claims is “a division”. It has some nice text and pretty photos on the virtues of rainforests, but it is unclear what this has to do with the company. The company’s balance sheet resolves the mystery. The land is bought subject to a $350K land loan, but lists $3.5m of “Timber Reserves” as its primary asset, representing 87% of the company’s asset base. So much for protecting the rain forest.

Who is Orchestrating this manipulation?

By watching the level 2 on BHLL, it becomes apparent that one market maker

SECURITIES & INVESTMENT PLANNING CO- SPCC

siponline.com

is controlling the market. It is the opinion of Stocklemon that this is blatant market manipulation and will soon be stopped by the SEC

Of course, the principals have a background in other penny stocks with preposterous claims. We’ll get into that in our next installment if the stock is still trading. With the unsubstantiated financial projections, the formulaic organized promotion, and the utter lack of corporate visibility, we suspect it won’t be for very long.



Disclaimer:
Stocklemon.com does not guarantee in any way that it is providing all of the information that may be available. We recommend that you do your own due diligence before buying or selling any security. At any times the principals of Stocklemon.com might hold a position in any of the securities profiled on the site. Stocklemon.com will not report when a position is initiated or covered. Each investor must make that decision based on his/her judgment of the market.



To: StocksDATsoar who wrote (143086)3/30/2005 5:48:49 PM
From: Jim Bishop  Read Replies (1) | Respond to of 150070
 
CMKX USCA et al...more nails for the coffin, it get worse and worse by the day....and there are still people buying the crap.

8K filed today, expected they'd have to adjust their mineral asset values, followed closely by an NT10K

LOL they had their mineral rights on the asset side at over $62 million bucks.

On March 29, 2005, the registrant concluded that its previously issued financial statements,(i)as of and for the nine months ended September 30,2004, as filed in the registrant's Quarterly Report on Form 10-QSB on November 16, 2004,(ii)as of and for six months ended June 30, 2004,as filed in the registrants Quarterly Report on Form 10-QSB on August 23, 2004 and (iii) as of and for the three months endedMarch 31, 2004 as filed in the registrants Quarterly Report on Form 10-QSB on May 21, 2004, should no longer be relied upon because of an error in such financial statements. The error is in the methodology used to value the mineral rights acquired by the registrant, which resulted in the value of such mineral rights being overstated.