Pennystocksforum.com carries no disclaimer and pass off their pumps as picks from their board. This is a disorganized attempt at a website filled with flashy high percentage track records and requests to sign up for more picks.
This is a promoters website, all the companies listed have payed to be there. The claims that their goal is to “identify the best stocks on the small cap market BEFORE they start moving”. No where is it mentioned that they are paid to promote these featured companies.
Aheadofthebulls is rated as a promoter with a [...]
The U.S. Securities and Exchange Commission has filed a lawsuit against International Broadcasting Corp., its former president Daryn Fleming.
According to two complaints filed, Daryn Fleming and agent Mathew Bruce made false statements on broadcasts of the company’s Internet radio show, “Stock Talk Live,” in October and November 2005. They claimed that IBC had purchased or [...]
An infamous scam site whos owner managed to pocket over $2M by running low float penny stocks. This was done by spending literally thousands of dollars on ads in building an email list and groups of momo players who would follow his picks.
The SEC nailed him at the end of his short but successful run.
