RE: RE: Stock scam of the year! Wow unbelievable!So, to summarize, an ex government official (for a start the background is already interesting), $16 in the company bank, has few hundred million shares at a fraction of a cent, (the connection to the heavy promotion was just stated as shareholders of the company who paid $600,000 for promotion (or promo or "pump" for short), has meetings with gold companies , ie., lots of forwarding statements, which leads to this ...stock nearly hits $2 (so a potential of $300,000,000 to $1,000,000,000) for a month or two. All of a sudden the company has no more press releases. Is the president retired or hiding? In December Larry was a multi-millionaire on paper, now it could be in reality !!! ...oh and its about a dime these days OUCH!
Harry Lappa has emerged as a paper millionaire after snapping up hundreds of millions of shares of NSRS, a company with only $16 in the bank. That was before the stock price took off.
A former Canadian government official has investor chat rooms buzzing after he recently wound up with an eye-popping 500 million shares of North Springs Resources Corp. (OBB: NSRS, Stock Forum), a heavily promoted U.S. bulletin board stock.
While 80 million of those shares were cancelled in December 2011, Harry Lappa remains a wealthy man (on paper anyway) thanks to a paid promotion campaign that sent the junior’s stock price soaring above 55 cents this week from less than 1 cent in September.