Recent content by MichaelC12

RACS CONSULTING IS ANOTHER BOILER ROOM that has cropped up with internet based phone numbers. They are involved in advance fee scams contacting shareholders of company's telling them they are representing someone who wants to take over the company and buy their shares. RACS Consulting - Contact...

This is company has a Category 1A license in Malta. It has held a license for approximately 2 years times. Most of this time it has been insolvent with respect to its license mandate. Its original four associates all left the company due to shortfalls in financial agreements with the Company and...

Let them pitch you and go along with them...let them send you a confirmation of trade and then send their banking wire instructions to your regulator and their regulator. You shut down their account you shut them down temporarily. Banking is the key.

By $250,000 equivalent in volume I mean that the total number of shares traded should have a total value of at least $250,000 per day. (If 175,000 shares is the average daily volume for 6 months, then the cost of the stock would be about $1.43. That's ok...there's probably a little liquidity...

First of all check with your financial Services regulator. If you are in the UK, check with the FSA. See if the company is registered to offer investment advice in your country. If not, report them. They are operating illegally. It is very easy to find out if a company is registered on your...

Correction: Transnational Securities & Trust SA

Today the internet has caused the scammers a great deal of problems. There is too much information readily available on the internet. The life span of a boiler room operation is very short. It went from 2 to 3 years to 1 week to 6 months. This has caused the scammers to go for the juggler..Their...

Michael Shumak of Transnation Securities & Trust SA. He now is behind a licensed financial advisory in Malta. John Kim an attorney from Toronto is his proxy on the new company. Kim spends his time in Central America but Shumak plays the role of his executive assistant.

Longhai Steel's seems to be gearing up for a stock distribution. The share price tanked for $15 to 0.80 on virtually no volume. Barron's ran a scathing article on Chinese Reverse Mergers and their promoters of which Longhai Steel was mentioned. Be careful with this one.

Miller coming in for the kill. Get ready for the reverse split or as we say in the biz, watch your equity fly right out the window. This is getting humorous to watch. As if the piddly amounts he is asking for is going to fix this dump. There's too much paper out there. Let's see how smart you...

Good day believers. Well appears we are in the end game here. As I indicated many months ago this was a dog with fleas. It was the oldest game in town "a distribution". I am sure the promotors would like to thank you, but it would be counter-productive after putting nominees and shell companies...

Hello Team, well as I stated previously they would miss their filing deadline. But guess what, you are about to have your shares restricted this time properly when the merger is announced thus making the shares untradable for another year or two. Or perhaps a reverse split, thus ending your pain...

Anyways, we'll check back in in a few weeks.

This guy is a shill for the company and not a very bright one.