Interesting info released on IHUB RMHB basher Scio
Post# of 75011
"Concept" Companies, like Algae Dynamics with inadequate capital to operate, no revenue, no product, no real operations, generally require outside services to manipulate the share price once public. This is required to generate cash from new investors. Ms. Elsley's emails to prospective investors, and her own inaccurate biography, have demonstrated a strong focus on artificially pumping the share price.
Pump and Dump crews publish negatively about companies not being paid by them and publish positively by those who pay them. These campaigns are coordinated with news releases, PRs, and trade magazine stories. Due to the few companies paying for stock promotion services, more often than not, stock promoters spend spare time focusing negative messages on the Internet on high-traffic investment discussion boards they control until a company has no choice but to pay. Positive messages then overwhelm the investment boards until the company no longer pays. The stock promoters then make money shorting the stock while negatively commenting and releasing negative news stories. They make money on both sides. If the short is profitable enough, they will spend much of their time filing complaints with regulators.
Prior to our first report, we posted one message on each investment board or blog controlled by a stock promoter to determine which group is engaged to handle Algae Dynamics future pump and dump described by Ms Elsley. Our messages were neutral in nature, naming no one but raising a question about the way Algae Dynamics raised capital in Ontario without exemptions or registration and a simple link to an SEC filing. Stock promoters are generally interested only in companies actively trading so they have no interest purging information about a non-trading companies. They attempt to appear legitimate by disseminating information "to protect the public" while promoting their own clients.
In Algae Dynamics case, one stock promotion group was easily identified. This group has a lengthy history of stock promotion and negative dissemination for payment. Gerard Mooney, aka scion and numerous other aliases, a Canadian stock promoter from Ajax Ontario controls numerous message boards as the sole moderator or assistant moderator. His team allows the promotion of some questionable companies while targeting others negatively. Numerous companies positively commented on by Mooney's group were later determined to be scams. In every case, Gerard Mooney deleted all our messages and banned all IDs from posting further about any question relating to Algae Dynamics. Our staff posted about other non-trading and trading companies raising similar questions and those messages were approved by Gerard Mooney.
In the unlikely event Algae Dynamics trades then you can expect Stock Promoter Gerard Mooney and his partners to pump and dump this stock.