Private Investor Responds to "Potential" Class Action

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

May 30, 2013 at 10:40 AM

Private Investor Responds to "Potential" Class Action Complaint Drafted on Behalf of Xumanii President, Alexandre Frigon

Private citizen, George Sharp, responds to the draft of the proposed class action complaint, being distributed to potential plaintiffs who allegedly incurred losses as a result of Mr. Sharp's announcement of his litigation against current Pump & Dump subject, Xumanii (OTCQB:XUII), for the dissemination of spam emails and his admonitions to the general public regarding tremendous losses to those participating in Awesome Penny Stocks promotions. The draft complaint is being distributed by law firm, LKP Global Law, LLP.

According to Mr. Sharp, LKP attempted previous litigation against him on behalf of another its clients, Forex International Trading Corp. That litigation was immediately abandoned after Mr. Sharp filed a Motion to Strike the Complaint under California Civil Code of Procedure § 426.15, commonly known as the anti-SLAPP (Strategic Lawsuit Against Public Participation) statute, designed to protect the First Amendment rights of those seeking litigation privilege. "SLAPP" suits are commonly used to attempt to get righteous litigants like Mr. Sharp to abandon their right to free speech and their litigation. Those found in violation of the anti-SLAPP statute are required to pay the attorney's fees of the defendant, as was the case of LKP's client Forex International. Mr. Sharp strongly feels that the proposed case, if actually filed, will end up in a similar result, "This is obviously just another attempt by some nefarious characters to try and get me to be quiet," he stated.

In the past, LKP Global Law has also represented Eco-Trade Corporation, an issuer recently suspended by FINRA during a suspected Pump & Dump, and since relegated to trading on the little-followed Grey Sheets. Mr. Sharp commented, "It appears that LKP Global Law is in the habit of providing aid and comfort to penny stock companies with dubious characteristics."

Within the draft complaint, LKP Global Law refers to a number of Mr. Sharp's past and current litigations, not one of which has ever proved to be without merit. In the ongoing case of Sharp v Arena Pharmaceuticals (US Southern District of California Case 3:10-cv-2111-BTM), Mr. Sharp's case was one of a dozen filed against the company for the same allegations of fraud. In Sharp v Aniko Kaye (Los Angeles County Division of California Superior Court Case No. BC381214), the case was settled in his favor in the amount of $1.6 million. As a result of Mr. Sharp's efforts, Ms. Kaye was later denied a bankruptcy discharge (US Bankruptcy Court Central District of California Case No. 2:09-bk-38287-BR) for committing what the court determined was "massive fraud and deception." All of the other cases referenced by LKP Global Law are either ongoing, or were litigated, or settled in Mr. Sharp's favor.

Mr. Sharp further stated, "I am proud of the hundreds of emails I've received from past victims of Awesome Penny Stock frauds, thanking me for my efforts to put an end to all of this, and for seeking my counsel. I must remind all that I am not qualified to be giving legal advice and strongly recommend that victims seek the advice of an attorney, as I cannot add Plaintiffs to my case. This is NOT a class action lawsuit."

Named as defendants in the litigation (San Diego County Division of California Superior Court Case No. 37-2013-00048310-CU-MC-CTL) for violations of California Business and Professions Codes 17529.5 (Anti-Spam) are: Degroupa Tenner Morales Media Corp. and Centro Azteca S.A., the current and former publishers of the Awesome Penny Stocks series of newsletters; and, Victory Mark Corp Ltd., the publisher of newsletters Select Penny Stocks, Preferred Penny Stocks and Penny Stock Heroes; as well as the subjects of several of their promotions, including: VuMee, Inc. (OTCQB:VUME); Amwest Imaging, Inc. (OTCQB:AMWI); Goff Corporation (OTCQB:GOFF) (OTCQB:GOFFE); Swingplane Ventures, Inc. (OTCQB:SWVI); World Moto, Inc. (OTCQB:FARE); Taglikeme Corp (OTCQB:TAGG); and, Pharmagen, Inc (OTCQBHRX).

Mr. Sharp, reminds those considering an investment in Xumanii, that every single Awesome Penny Stock Ponzi-scheme style promotion, has left a trail of those whom have lost almost their entire investment, totaling hundreds of millions of dollars in losses.

Investors should remember that it is never a good idea to invest in stocks advertised in any manner, including email tout sheets, conventional mail brochures, and newspaper/magazine ads, nor is it wise to rely on the advice posted on the internet message boards which are controlled by shills for the promoters. These deceiving promotional campaigns always invoke ridiculous and outright fabricated projections, such as those in the case of Xumanii, which suggest that Google, Inc., Hulu, LLC., and NetFlix, Inc. could be involved in a bidding war for the company or that a Barclays Bank fund could be buying up shares. Having contacted these companies, Mr. Sharp reports that all deny having ever heard of Xumanii and are dismayed at the invoking of their brands to promote the stock.

Mr. Sharp holds no interest in any of the stocks mentioned and has never participated, directly or indirectly, in the shorting of any stock.

Updates to this litigation may be viewed by following Mr. Sharp's tweets at www.twitter.com/goniffs and his website at www.AwesomePennyScams.com.
CONTACT: George Sharp
george@clippercp.com

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Cost of Living Tops Financial Worries in 2026

Financial Stress — The Silent Productivity Killer Down in the trenches of nine-to-five, it’s money that keeps stealing workers' peace of mind. The TELUS Mental Health Index shines a glaring spotlight on this, revealing that 58% of U.S. workers are most stressed by living costs. Now, that's a kicker when stacking it next to retirement or emergency savings. Those take...

Aardvark Therapeutics Faces Investor Legal Challenges

Behind the Screens: Aardvark's Legal Turmoil Oh boy, it's not a pretty sight when a biotech darling like Aardvark Therapeutics (NASDAQ: AARD) hits the skids. We're talking about a major shake-up folks. It seems like just yesterday this company was on the cusp of cracking into new medical terrains, promising hope where there was just uncertainty. But here we are, the...

M Social's NYC Edition Merges Sport and Community

A Bold Move in the Heart of Manhattan You know when a hotel chains itself to a major event like the US Open, it's looking to make a statement—bold, loud, and clear. M Social Hotel New York Times Square did just that, turning its space into a powerhouse hub of sport, culture, and community right in Times Square. Over two days, they brought together some of the top ATP...

Old Orchard's Fall Festival: Music, Vendors, Fun

Big Bend Turns Festive Again When it comes to fall, Old Orchard ain't shy. The quaint corner of Webster Groves is gearing up to transform Big Bend Boulevard into the sort of autumnal bash that would make even Mother Nature kick up her heels. This October 24 and 25, folks will be spilling into the streets as the Merchant & Business Association of Old Orchard (MBAOO)...

Nozomi Networks: Leading OT Security in 2026

One Year of Massive Wins for Nozomi Networks Here's a wild trajectory: Nozomi Networks has been firing on all cylinders in 2026, capturing attention not just from analysts but also from anyone with a stake in the security game. The company’s impressive run was highlighted most recently when they were crowned a Leader in The Forrester Wave: Operational Technology...

Wheaton Precious Metals Sets 2026 Investor Day Webcast

Ready for a Glimpse into Wheaton's Strategy? Gather 'round, folks, because on September 16, 2026, Wheaton Precious Metals is rolling out the carpet for its Investor Day webcast. It's more than a routine session; it's an open window into what's simmering behind Wheaton's illustrious streams of gold and silver. I mean, what's better than having a front-row seat to the...

How Shelton's Property Taxes Influence Housing Costs

Thinking about snapping up a home in Shelton, Connecticut? Well, you might want to keep an eye on those property taxes first. Sure, mortgage rates and listing prices grab all the initial attention, but taxes—oh boy, they know how to creep up on ya. Matt Nuzie from RE/MAX lays it bare: property taxes can make or break the bank for homebuyers in Fairfield County. So,...

Tradr's Bold Venture: Anthropic ETFs Ahead of IPO

Why Tradr Is Diving Into Anthropic's Hype There's a whiff of anticipation in the air as Anthropic gears up for its much-anticipated IPO, and Tradr isn't sitting on its hands here. They've just filed for two ETFs—one long, one short—ahead of the big day. We're talking about ANTT and ANTZ, betting on leveraged and inverse plays on whatever whirlwind Anthropic's stock...

Panel Eyes AI, Guidelines for Workers' Comp Claims

Tackling Workers' Comp Consistency The world of workers' comp is all set for a shake-up come National Comp 2026. With industry stalwarts gathering in Seattle, one hot topic on the table is how to turn evidence-based guidelines into everyday practice for claims. And, trust me, it's not as straightforward as slapping guidelines into a handbook. Evidence and Integration: A...

Skanska's $57M Deal to Transform Del Mar Traffic

A Roadway Overhaul in Del Mar A cool $57 million. That’s the ticket Skanska bought to scoop up the El Camino Real project in Del Mar, California. Think of it as a road facelift, a necessary one—it includes bulking up the corridor to four lanes and swapping in a spanking new San Dieguito River Bridge, taking the place of an old rascal that's been around for 84 years....