Interesting read here. I found it on Yahoo and the
Post# of 39368
Posted On: 12/10/2014 6:48:26 PM
Interesting read here. I found it on Yahoo and the creator is a well trusted person. EVERYONE likes to know these things. They can make up there own minds on the facts of the story.
Start ......
WHO IS PLATON PETRATOS?
Petratos, 55, has worked in investor relations or stock promotion for more than a decade. Our research found that he has a history of spamming stock message boards that dates back to the early 2000s.
Press releases show that in 2004, Petratos became a consultant to Victor Industries Inc., a fertilizer company whose stock traded on the Pink Sheets.The release identified him as managing director of Icor Relations, a Miami-based firm.
SEC filings show that Victor Industries generated less than $10,000 in revenue in its entire existence, and that its highest stock price was less than 3 cents a share. The company disappeared in a reverse merger in 2006.
Petratos later formed PSP Venture Inc., another investor-relations firm. Press releases show that it signed a deal in 2011 to represent Garb Oil & Power Corp. (Pink Sheets: GARB), which said it was in the waste-to-energy business. However, regulatory filings show that the Utah-based company generated no revenue in 2011, 2012 or 2013.
Garb announced last year that a new ownership group had acquired a majority stake in the company. It now says it hopes to branch out into the medical-marijuana industry. Its most recent stock price was a fraction of a penny.
PSP Venture sponsored a private Yahoo group called Wealthy Penny, which functioned as a live chat room during trading hours. It also operated Penny Safari, which featured profiles of microcap companies.
In addition to Garb, Penny Safari promoted Options Media Group Holdings Inc. (Pink Sheets: OPMG), which used singer Justin Beiber to promote a phone app that it said could block drivers from texting while behind the wheel. That company’s fortunes crashed after it was reported that the person behind the app was a convicted felon with ties to a car-theft ring. Options Media’s shares now trade for less than a penny.
More recently, Petratos has been involved with Treaty Energy Co. (Pink Sheets: TECO), which has oil properties in Texas, Louisian Less
Start ......
WHO IS PLATON PETRATOS?
Petratos, 55, has worked in investor relations or stock promotion for more than a decade. Our research found that he has a history of spamming stock message boards that dates back to the early 2000s.
Press releases show that in 2004, Petratos became a consultant to Victor Industries Inc., a fertilizer company whose stock traded on the Pink Sheets.The release identified him as managing director of Icor Relations, a Miami-based firm.
SEC filings show that Victor Industries generated less than $10,000 in revenue in its entire existence, and that its highest stock price was less than 3 cents a share. The company disappeared in a reverse merger in 2006.
Petratos later formed PSP Venture Inc., another investor-relations firm. Press releases show that it signed a deal in 2011 to represent Garb Oil & Power Corp. (Pink Sheets: GARB), which said it was in the waste-to-energy business. However, regulatory filings show that the Utah-based company generated no revenue in 2011, 2012 or 2013.
Garb announced last year that a new ownership group had acquired a majority stake in the company. It now says it hopes to branch out into the medical-marijuana industry. Its most recent stock price was a fraction of a penny.
PSP Venture sponsored a private Yahoo group called Wealthy Penny, which functioned as a live chat room during trading hours. It also operated Penny Safari, which featured profiles of microcap companies.
In addition to Garb, Penny Safari promoted Options Media Group Holdings Inc. (Pink Sheets: OPMG), which used singer Justin Beiber to promote a phone app that it said could block drivers from texting while behind the wheel. That company’s fortunes crashed after it was reported that the person behind the app was a convicted felon with ties to a car-theft ring. Options Media’s shares now trade for less than a penny.
More recently, Petratos has been involved with Treaty Energy Co. (Pink Sheets: TECO), which has oil properties in Texas, Louisian Less
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