May 24, 2013 total dollar volume
$1,230,261,618
$1,230,261,618
![]()
It's already July. Soon summer will be in the partway. However, I am here not to talk about the weather but rather to welcome our new member, PanGenex Corporation (PGXC.PK) which is in the nutraceutical and dietary supplement industry. After the last trade, the company's stock jumped up by 20% and reached $0.18. I just wonder what could affect the stock price in such a way. I'm not sure but a bird whispered me that this could be due to the stock promotions. Take a look at this yourselves: Wise Alerts has been compensated 200,000 shares to promote PGXC. That's about $36.000.
Article Comments:
Moderator: No Moderator Assistants: Boardmarks: 12 Created: 2/24/2007 11:40:58 AM Board type: Premiu
m Multi-CEO John Stanton appears to have ties with a large number of companies. These companies includ
e or may include EFTI[.ob] (update: defunct), OSSG[.pk] (update: now GRWT[.pk]), NNBP[.ob], USSE[.pk], SS
TP[.pk], RENW[.ob], GSNH[.pk] (update: now DVAR[.pk]), IWDM[.pk], CYBR[.pk], USEI[.ob], ACMG[.pk], GRLY[.
ob], NCSH[.ob] (update: now PGXC[.pk]), JMCP[.ob], ONYI.[ob], VTBD.[ob] (update: now REER[.pk]), (update
1/11/09) GETG[.pk] and (update 8/14/09) BLVT[.pk]. These companies have been notorious for destroying sha
reholder wealth but seem to keep investors' appetites whetted by putting out a continuous stream of press
releases announcing deals and events but which most often never come to fruition. This may not be a c
omplete list of companies related to John Stanton. There also appear to be associations of various forms
between all of these companies. An article also recently appeared in Forbes regarding some the members
of this group of companies. The article can be found at... http://www.forbes.com/free_forbes/2007/022
6/078.html These companies often (but not always) focus on the socially-appealing "Renewable Energy" s
ector and tend to spend the vast bulk of their time on pushing the stock of their companies through press
releases and promotion agencies such as Redwood Consultants, LLC. While most of these companies indicate
that they are close to production, none ever seem to provide any indication that they even have a commer
cially viable product, few have shown any revenues whatsoever and all are operating significantly in the
red. Funding appears to historically have been exclusively from shareholders. Of those that file with the
SEC, the reports show that millions of dollars find their way out the door and all these companies seem
plagued with setbac
Comment: