THE MANY SCAMS OF WILLIAM LIEBERMAN (CEO of MMT
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THE MANY SCAMS OF WILLIAM LIEBERMAN (CEO of MMTE)
Public companies under the leadership of William Lieberman have created almost $100 million in losses to the public. His last debacle was Fox Petroleum (FXTP), currently assigned "caveat emptor" status by OTC Markets, and an issue we tracked in several advisories, which can be retrieved by clicking here, here and here. During its Pump & Dump campaign, FXPT claimed to be involved in the acquisition of oil and gas assets , specifically Renfro Energy, a popular pretend asset, which was previously claimed to be acquired by Brazos International Exploration (BRZL), during its own Pump & Dump campaign a year before. Once the scam was played out and the public was relieved of no less than $15 million, and as is typical with Lieberman cons, the FXPT press releases came to a screeching halt.
Still, FXPT bag holders have not taken the beating that those that got stuck with Trilliant Exporlation (TTXP) shares took, during Lieberman's last manipulation of that stock . At that time, Lieberman pretended that TTXP was producing gold and other non-existent minerals. Curiously, through all the time that the company claimed to be a producer, it never registered a dime in revenues. Once the TTXP pumping and press releases stopped, bag holders began to enjoy about $60 million in losses. Nice job, Bill. It appears that TTXP is now ramping up a new con job after two years of quiet time. It should surprise no one if Lieberman stands to benefit from another TTXP Pump & Dump.
Lieberman also continues to be involved with Mammoth Energy (MMTE), this one pretending to be in the lithium exploration game. Since Lieberman took over the reigns of the company, its stock has been diluted by no less than 500% and investors have lost a minimum of $20 million. With 13 billion shares outstanding, this one is extremely likely to add insult to injury with a significant reverse split, before becoming serious about a new Pump & Dump. Interestingly, MMTE shares the same mail box address with TTXP.
Needless to say, Mr. Lieberman's name has become mud in the penny stock investment community, so it is no surprise that he pretended to remove himself from the management of BOPT, now that it looks like it is about to make a serious run at stealing more money from the public's pockets.
source: Pump&Dumps.com