SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends
One Big Scam? CTRN, ECTS, IVHD, SMEK & MALB
An SI Board Since January 1999
Posts SubjectMarks Bans Symbol
559 31 0 SMEK
Emcee:  Pluvia Type:  Unmoderated
I have researched these companies by looking at press releases, website registrations and websites, and combined that info with information from field operatives who visited their NY office located at 5 East 59th st. 7th floor, New York, NY 10022. What we found has the look, feel and smell of a CLASSIC, big 'ol HUGE scam.

~ Small companies doing in some cases no business it would seem, that have $150-200 million dollar market capitalizations?
~ All of the Companies appear to be run out of the same offices?
~ CTRN - which hit 42 today - up from the $2 range less than 30 days ago, does not even have a phone number listed under the corporate name according to 411 information in area code 212 where it's offices are listed?
~ CTRN's business plan involves producing a website that any 9th grade dropout could produce in 15 minutes with a copy of Microsoft FrontPage98 (which costs about $129.00)... webforce10.net
~ CRTN claims to have New York and London Offices, but further research suggests the London office is simply a photographers office owned by Robert Lawrence the "so called" technical genius at CTRN. Check rdlawrence.force9.co.uk in the UK.

Robert Lawrence also appears to be working for IVHD. If you go to ivhd.com and try to order a product, you will be taken to another site (conveniently located off-shore), at the bottom of the page you will see that the site is actually run by a company called RDL Marketing Services. Click on the link and voila you are at RDLawrence Photography!

This looks like a regular scamaramma! It sounds like one that will go down in history as one of the "BIG ones".

This appears to be how they run the scam...

They have some of these other companies own much of the stock in each company, thus when they increase the price of the stock of company X, the assets of each company increase dramatically. Since I suspect they own just about all of the stock in each of these companies, it's not too hard to push the stock higher.

Go to a bank with a company showing 100 million in assets and see if they will give you a nice loan... See if NASDAQ gives you listing...

The companies also do business with each other, making impressive sounding announcements about new contracts with each other...

Interesting until you discover neither company really does any business, has any revenue from sales, or any assets other than the stock in the other companies. This is particularly evident with CRTN and ECTS. There are a number of press releases announcing really great sounding contracts between the various companies (Like between CTRN and ECTS). Funny thing is - they forgot to mention the relationship between the two companies?

dljdirect.com

"Company X announces a great new agreement with company Y"... The fact that company X & Y really do no business besides produce press releases does not seem to make a bit of difference...

Several of the companies do actually do some business. SMEK is a construction company - likely the original biz these guys were in. Hmmm.. Construction in New York? That's always been a "Mob Free" biz...

IVHD sells a baldness cure and a sex aid, (get a boner or keep a boner longer, or something like that).

I think the only way to bring about the truth in these stocks, is to sue them (class action), on behalf of shorts who lost money based on the companies fraudulent issuance of press releases and apparent group effort to manipulate the price of these stocks. A new twist on class action suits - representing short investors instead of long investors.

I have talked to two lawyers about this today - should know more this afternoon. A lawsuit and subsequent investigation will likely turn over a rock uncovering some pretty slimey stuff...

Without a lawsuit/formal investigation these guys can pretty much manipulate the stock price wherever they want - for that reason be careful shorting this scam, and think twice about going long, because when the game is over, these companies appear to be nothing but hot air.

I welcome all addtional comments and information about these companies.

All Comments In My Opinion

Steve
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
559[graphic] Peter Tosto Business Development at LinkMyFan Location StockDung-5/13/2014
558[graphic] Peter Tosto Business Development at LinkMyFan Location StockDung-5/13/2014
557[graphic] Peter Tosto Business Development at LinkMyFan Location StockDung-5/13/2014
556International developer or broke small-timer? MSNBC.com story lands key figure iStockDung-1/3/2007
555Brothers owe government more than $9 million from 1990s stock scam By Mike StucStockDung-6/28/2006
554groups.google.comStockDung-10/21/2005
5531. PETER TOSTO 41140-019 41 White M 10-14-2005 RELEASED StockDung-10/17/2005
552TELUS Idol Scandal Shareholders are calling for a TELUS Leadership review aftercupwnewvision-8/19/2005
551Thoughts on Panamed's latest venture Endexx (EDXC) Corporation? Looks like pyrrhoofelis-8/12/2005
550From today's SEC Digest: COMMISSION DECLARES DECISION AS TO RICHARD KERN ANArcane Lore-5/20/2005
549I thought peter was due out this month? according to BOP he moved to atlanta anBear Down-4/21/2005
548IN THE MATTER OF RICHARD KERN An Administrative Law Judge has issued an InStockDung-4/21/2005
547<B>In the Matter of Richard S. Kern, Donald R. Kern, and Charles Wilkins StockDung-8/5/2004
546DIVISION OF ENFORCEMENT SEEKS PENNY STOCK BARS AGAINST RICHARD KERN, DONALD KEStockDung-7/8/2004
545<b>Richard S. Kern, Donald R. Kern and Charles Wilkins Are Permanently EnStockDung-11/6/2003
544<b>Initial Decision of an SEC Administrative Law Judge In the Matter of PeStockDung-10/1/2003
543eye gye gye gye... nice find mr truth as always sincerly yours steve pPluvia-8/7/2003
542<b>Searched the web for "Seth Cayer" . Results 1 - 8 of about StockDung-8/5/2003
541<b>PANAMED/Seth Cayer One Big Scam THREAD REVISITED ? CTRN, ECTS, IVHD, SStockDung-8/5/2003
540<b>SECURITIES AND EXCHANGE COMMISSION v. QUINTEK TECHNOLOGIES, INC., PANAMStockDung-8/5/2003
539From today's SEC Digest: PETER LYBRAND F/K/A PETER TOSTO On Feb. 5, the CoArcane Lore-2/5/2003
538HAAAAAHAHAHAHAHAHA!!!!!!!! too damn funny broPluvia-7/13/2002
537Hahahahaha Tosto finally getting some of what he deserves. I can only hope Ed Wijjs64-7/9/2002
536Please go to bop.gov Use the inmate locator to find inmate # 41140-019 . SeemsBear Down-6/27/2002
535Interesting since Peter Tosto was working as a confidential informant for the goBear Down-12/5/2000
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):