One more email from them:

New Post Public Reply Private Reply Replies (0) Message Board

Oct 3, 2013 at 7:09 AM

Betting on BluForest Looks Like A Bad BLUF

October 2, 2013: It's come to our attention that BLUF will once again become the subject of a Pump & Dump scheme tomorrow. We think it is time to review this very important expose.

With expectations of signifcant new energies being added Monday to the current Pump & Dump of BLUF , we thought we'd remind you of our admonishments and suggest that you take a look at the Daily Trades Report and see how the BLUF Pump & Dump has been done nothing but go sideways. There is a lot of stock for sale in this one. Be sure to follow our advisor below and read up on the fraud that was BLUF 's predecessor, GGRI . This is one stinky ticker with a sticky history that is sure to stink up a lot of wallets.

-----

If there was ever a ticker whose overhaul was setup to destroy shareholders, it is that of BluForest, Inc ( BLUF ). There is just no trusting this one.

We highlighted this one back when it was trading as Greenwood Gold Resources ( GGRI ), one of the biggest scams of 2011. The demise of what was indisputably a major Pump & Dump, was foreseeable and we foresaw it. We'll start with the fact that GGRI was a Diane Dalmy concoction. Ms. Dalmy is one of the filthiest SEC attorneys out there, so dirty that OTC Markets has listed her as a Prohibited Attorney . Pretty much every stock Ms. Dalmy's name is attached to has been the subject of a Pump & Dump scheme. She has been singled out for misappropriating her opinion letters, enabling the improper trading of unregistered or improperly registered securities.

"In general, we expect attorneys who provide us with letters to know securities laws, do the work required, and be ethical," Pink Sheets chairman Cromwell Couslon", told the Vancouver Sun, which quoted him in a February 17, 2010 article dedicated to Ms. Dalmy. " We ban them when it becomes apparent they are stupid, lazy or dishonest."

Indeed, Ms. Dalmy is a cancer to those whom believe they are actually making investments in hopeless schemes.

We're not going to rehash the entire GGRI fraud here, as our previous advisory does it adequately The entire scheme lasted less than two months, from the time GGRI announced the pretend intent to pretend to acquire a pretend gold property to the announcement that it would not be pursuing the acquisition after all. Just long enough to execute a two week Pump & Dump costing investors millions of dollars.

So having scammed the street in pretty short order, GGRI President, Branislav Jovanovic, executes the obligatory reverse split to eliminate the holdings of those suckers and sells the shell to the next Shylock, the end result being the current BLUF .

"So", you argue, "there is new management and a new deal with big assets. Surely, this time this ticker must be a safe bet." Really? Yes, while the company records its primary asset as having a value of almost $700 million, it really is a made up number, as the only value received for the asset was a bunch of BLUF stock. So who knows? It smells like a bunch of people getting together and putting the fix in. And to top it off, there's the really stinky part of the deal:

"In further accordance with the terms and provisions of the Purchase of Acquisition Agreement, the Company entered into a three year consultant agreement (the “Mainland Consultant Agreement”) with Mainland Investment Ltd. (“Mainland”). The Mainland Consultant Agreement provides for Mainland to provide financial, advisory, marketing and investor relations services and the Company to pay to Mainland an annual compensation of $1,000,000 and grant 1,000,000 stock options exercisable at $1.00 per share for each year of the agreement for a total of 3,000,000 stock options."

A million dollars a year and 3 million stock options for advise and investor relations services? Who's help are they getting? Warren Buffet?

Ask your self this: If the asset is genuinely worth almost $700 million, why would they shove it into a shell with as stinky a history as GGRI now BLUF ? Why does this three quarters of a billion dollar company have only 43 bucks in the bank? And worse, why did Branislav Jovanovic have to sue BLUF in order to finish getting paid for the shell, even though he received 833,333 split shares to settle a $60,000 debt.

Fool you once, shame on them. Fool you twice... well you know.

We continue to present PumpsandDumps.com as a free public service. We do not short stocks. Never have. Never will. Anybody who says otherwise is just a liar. Period.

Be careful out there!

www.pumpsanddumps.com

RIVULET MEDIA INC. (RIVU) Stock Research Links

RIVU Board Company Profile Buy Rating Time & Sales News Filings Financials

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Atli Launches: AI-Powered eSIM Revolutionizes Travel

What's New in Travel Tech: Atli's Debut Wandering the globe might sound romantic until you realize your phone's a paperweight without the right data. Enter Atli, a shiny new AI-powered travel eSIM service, snugged right into your WhatsApp. This marvel comes from the folks at XForge Mobile and aims to obliterate the hassle of getting connected abroad. You know those...

Veho's Role in Redefining Beauty E-Commerce Delivery

Veho Grabs Headlines with BeautyMatter Awards Nod Here's something a bit off the beaten path: Veho's been tapping into new wells of opportunity in the e-commerce sector, and their latest accolade demonstrates just that. Named a finalist in the 2026 BeautyMatter Awards under the Logistics category, they're making noise in all the right circles. Beyond Boxes: Transforming...

Cannabis Industry Pushes for Robust Financial Services

Industry Gears Up for Financial Action Clearly, cannabis businesses are shouting louder than a vendor at a ballgame, demanding more than just the basic chips-and-soda banking service. They’re on the hunt for serious credit facilities, payments, and the traditional financial tools that most sectors take for granted. I mean, check this out: Shield Compliance just dropped...

Helio Fred Garcia Honored by Diversity Action Alliance

Award Ceremony Set in the Big Apple In an industry where recognition often feels as transient as a ticker's daily high, the Diversity Action Alliance (DAA) is doing its bit to emphasize the lasting impact individuals can make. On September 16 in New York City, Helio Fred Garcia will be honored with the 2026 Pat Ford Larger Than Life Impact Award at the DAA's Annual...

Merit Advisors Shines as Top Energy Workplace

Well, here's something to chew on—Merit Advisors just grabbed the top spot on Hart Energy's first-ever Best Places to Work in Energy list. If you haven't heard of them, Merit's the heavyweight champ in specialty tax for the energy sector. This isn't just a shiny trophy on the shelf; it's a nod to the kind of culture that's making waves in an industry that's no stranger...

Cove Capital Secures $9.96M for Debt-Free Logistics DST

Unpacking Cove Capital's Latest Victory Cove Capital Investments has pulled off another coup, raising a hefty $9,964,510 for its Cove Essential Net Lease Industrial 108 DST. It's a Regulation D, Rule 506(c) offering, now fully subscribed, spotlighting a debt-free investment ethos and a rock-solid logistics site in Anchorage, Alaska. Strategic Facility Anchoring Investment...

Monib Zirvi's Dermatology Excellence Honored in 2026

Trailblazer in Dermatology Recognized Again Fancy yourself a star in dermatology? Well, take notes from Dr. Monib A. Zirvi. The guy just got his due recognition from Marquis Who's Who for his sizable contributions to dermatology and research. For someone who's been at this game for over two decades, Zirvi doesn't just glide by on old merits. He's the real deal, and his...

Diaper Affordability: A Hidden Crisis, Taxpayer Burden

A Silent Crisis Lurking in Diapers Diapers. We don’t think about them much until we need them, but nearly half of U.S. families are painfully aware of their cost. According to a report from the NDBN Diaper Check 2026, many struggle to meet this basic necessity. This isn't just about keeping babies clean—it's a public health issue with economic ripples Congress can't...

Mobile Iron IV Expansions: Targeting Texas Health Needs

Out in Texas, folks facing iron deficiency have a new game-changer coming their way. Drip Gym, the same outfit making waves out in Queens and Long Island, is taking their mobile iron IV therapy clinic straight to Texan doorsteps. No more trotting off to a clinic for iron infusions with this crew rolling into Houston, Dallas, Austin, and San Antonio. What's the Big Deal?...

Deadline Looms for EquipmentShare Investors' Legal Action

Pressure Builds for EquipmentShare Investors If you've thrown some cash into EquipmentShare.com Inc. (NASDAQ: EQPT), it's time to sit up and pay attention. There's smoke on the horizon, and Faruqi & Faruqi, LLP is waving the flag. They've got a securities class action spinning fast, and if you've suffered any losses, September 21, 2026, is a date you don't want to forget....