Sewell Ventures, SEWE.OB, OTC SEWE being touted in my inbox
Sewell Ventures, SEWE.OB, OTC SEWE being touted in my inbox
OK so I signed up for about 8 newsletters. Some of them are writing me several times a day and my inbox has become almost unusable. Trying to figure out which ones are recommending which stocks. Some are clear some are rather cryptic.
For Example I got this one from StockEgg:
"I will be announcing a new big pick Sunday night. Watch for my emails.
The market was able to rally at the end of the trading day Friday, so the momentum may continue into Monday.
GNAU, an alert from Thursday night closed up a whopping 66.67% on Friday!!
Also keep an eye on SEWE for this week also. SEWE is involved with the explosive growth Mixed Martial Arts sport, the company has cultivated synergistic relationships with top industry brands such as Tapout, U.F.C., Strikefource , and Gold s Gym.
Mixed Martial Arts is the fastest-growing sport in the country, a billion-dollar business and pay-per-darling that has had over 3 million households tuned in!
Check out SEWE s website http://7baseconsulting.com
They are the only TapouT R&D Training Center that is now showcasing all the new line of TapouT Worldwide MMA equipment. TAPOUT generated $120 million in revenue last year!
Keep in mind, SEWE just started trading within the last few weeks. So, this could be seen as a great ground floor opportunity within the fastest growing mainstream sport in the United States.
With all the demand in this rapid growing Martial Arts Sector, SEWE could really pop"
OK so he is plugging SEWE and GNAU. So I did some digging on SEWE. Here is what there auditors had to say:
Going Concern
We are in the development stage, have not yet achieved profitable operations and are dependent on our ability to raise capital from stockholders or other sources to meet obligations arising from normal business operations when they become due. Therefore, in their report on our audited financial statements for the year ended September 30, 2009, our independent auditors included an explanatory paragraph regarding substantial doubt about our ability to continue as a going concern. Our financial statements contain additional note disclosure describing the circumstances that lead to this disclosure by our independent auditors.
According to their most recent SEC filing on September 30th they had $595 dollars in the bank. No that is not a typo and that is not short for $595 thousand. That is shy of $600. Some of you reading may have more than that in your pocket. Although the minor detail of not having any money has not stopped this company from agressively making press releases. I would definitely pass on this one.
OK so I signed up for about 8 newsletters. Some of them are writing me several times a day and my inbox has become almost unusable. Trying to figure out which ones are recommending which stocks. Some are clear some are rather cryptic.
For Example I got this one from StockEgg:
"I will be announcing a new big pick Sunday night. Watch for my emails.
The market was able to rally at the end of the trading day Friday, so the momentum may continue into Monday.
GNAU, an alert from Thursday night closed up a whopping 66.67% on Friday!!
Also keep an eye on SEWE for this week also. SEWE is involved with the explosive growth Mixed Martial Arts sport, the company has cultivated synergistic relationships with top industry brands such as Tapout, U.F.C., Strikefource , and Gold s Gym.
Mixed Martial Arts is the fastest-growing sport in the country, a billion-dollar business and pay-per-darling that has had over 3 million households tuned in!
Check out SEWE s website http://7baseconsulting.com
They are the only TapouT R&D Training Center that is now showcasing all the new line of TapouT Worldwide MMA equipment. TAPOUT generated $120 million in revenue last year!
Keep in mind, SEWE just started trading within the last few weeks. So, this could be seen as a great ground floor opportunity within the fastest growing mainstream sport in the United States.
With all the demand in this rapid growing Martial Arts Sector, SEWE could really pop"
OK so he is plugging SEWE and GNAU. So I did some digging on SEWE. Here is what there auditors had to say:
Going Concern
We are in the development stage, have not yet achieved profitable operations and are dependent on our ability to raise capital from stockholders or other sources to meet obligations arising from normal business operations when they become due. Therefore, in their report on our audited financial statements for the year ended September 30, 2009, our independent auditors included an explanatory paragraph regarding substantial doubt about our ability to continue as a going concern. Our financial statements contain additional note disclosure describing the circumstances that lead to this disclosure by our independent auditors.
According to their most recent SEC filing on September 30th they had $595 dollars in the bank. No that is not a typo and that is not short for $595 thousand. That is shy of $600. Some of you reading may have more than that in your pocket. Although the minor detail of not having any money has not stopped this company from agressively making press releases. I would definitely pass on this one.
posted by Penny Stock Newsletter Watchdog at
01:37
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