Saturday April 19, 2014


UK Investor Show 2015 – First 21 Speakers announced for April 18: Get your early bird ticket NOW
The Gay Tory Researchers and their Orgies – the ONLY scandal is that the taxpayer is footing the bill
Video & Photos: Finding the grave of Great Uncle David Cochrane in Delphi – Part 2

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

, , ,

Harmonic Energy: Large-Scale And Misleading U.K. Stock Promotion Offers Opportunity To Sell - Company Technically Insolvent

Share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

A shareholder in Harmonic Energy (ASUV.PK) has spent considerable sums in recent weeks to send out a missive to tens of thousands of UK investors headlined “the one stock you must own before the New Year” with bold claims about how the shares could gain 3200%. In very small print, it is noted that the shareholder is himself looking to sell the shares. Since the company is, according to the latest SEC Filing of December 14, technically insolvent, yet at $1.05, is capitalized at $66 million, this promotion is misleading in the extreme. But it has worked, in that the shares have been heavily traded and have gained 20 cents in the past two weeks. If you hold the stock, this is your chance to sell. Grab it.

Read the full article on SeekingAlpha | Comments
comments powered by Disqus
---

Register here for The Tomograph
Tom's newsletter with original articles and a free share tip of the week, not found on this website.

Video postcard from Tom

Weekly video postcard - Ukraine, blowback, UKIP and the Euros