Junk Faxes II

Received another one of those junk faxes today.

This one is for a penny stock, Hybrid Technologies and is from an outfit called, Panther Marketing, Inc. There’s no company name or telephone number in the fax header.

A Google search finds that there are a number of legitimate companies
with that name and some of them have found it necessary to put a
disclaimer on their web sites to alert irate receipts of these faxes
that they are not THAT Panther Marketing, Inc.

What I found by some additional snooping on the net was a site
called Marketing-nfo.com that has "Panther Marketing, Inc." included in
a block of text at the bottom of their page designed to catch web index
bots.

Further, I find that when I tried to see who had  registered
Marketing-nfo.com domain name, I find it is hidden behind a company
called Domains byProxy of Scottsdale Arizona.

It’s not clear if Marketing-nfo.com is registered to the same folks
that are behind Panther Marketing, Inc., but it’s certainly a
possibility.

I sent an e-mail to Hybrid Technologies advising them of the fax and requesting contact information for Panther Marketing so I could be removed from their list.

We’ll see what happens. But given what I discovered about the company, I don’t expect to be getting an answer anytime soon.

The founder of the technology behind Hybrid Technologies is Mr. Chaz Haba.  He seems to have something of a colorful past.

This and the other junk faxes have most likely be "harvested" from my web site  http://www.holeintheheadpress.com from which I sell the book, Rings of Supersonic Steel, Air Defenese of the U.S. Army 1950-1974. (Blatant Plug)

These faxs are typical of the so-called "pump and dump" faxes that attempt to create a buzz about a penny stock, up it’s price for insiders to sell off at a profit. 

This is an Security and Exchange Commission No-No.

Many but not all have missing or incomplete disclosures under U.S. Securities and Exchange Commission Regulation 17(b):

"It shall be unlawful for any person, by the use of any means or instruments of transportation or communication in interstate commerce or by the use of the mails, to publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof."

"The SEC holds that Regulation 17(b) means full and complete compensation for research and any other services provided, including amounts and sources, must be disclosed in ‘every press release’ as well as other published documents, including emails or faxes. The SEC states that third party compensations must include the relationship of the payer to the issuer.

Jay Leno bought one of these cars. 

Still, I don’t think I’ll be investing in this stock.

 

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