Usacomplaints.com » Business & Finance » Complaint / Review: 2009 Wrap Up - Trucking Putting Investors on the Grill Scam, Fraud, Legitimate Company, Good Investment?. #547717

Complaint / Review
2009 Wrap Up
Trucking Putting Investors on the Grill Scam, Fraud, Legitimate Company, Good Investment?

Revenue to date (the first three quarters) is a whopping $25,680! This should be no big surprise; the company didnt exceed $100,000 per year in revenues in the prior 2 years either. The companys accumulated deficit increased to $28,109, 064 as of September 30. The stock has fallen from a high of $0.28 in 2009 (which was artificially manipulated by market makers) to $0.075 at the end of the year (which is still too high). Hopefully, this is the final reward for the lies and deceit perpetrated by the company. The company issued a fraudulent press release in 2008 stating that it had signed a contract with Fox News and was exposed when the AP Press looked into the company for violating childrens rights. EPIC (Electronic Privacy and Information Center) filed a complaint with the FTC that the Echo Metrixs Pulse product is violating childrens rights. The company issued a press release that it was shipping products through the Army and Air Force Exchange in October of but failed to mention anything when it was quickly taken off the list by the Exchange a few weeks later for violating childrens rights. The company has hired new (but very aged) management massively increasing the companys costs. To sell what? The companys child safety products havent proven saleable and the companys new product Pulse, which is purported to violate childrens rights, is toxic. No legitimate company would be caught dead being associated with this product. The company has continued its year after year pattern of purchasing 100 or 200 shares at the end of the day to prop up the price. They achieved the high for the year of $0.28 by purchasing 100 shares at the end of the day! Jeffrey Supinsky is still actively pulling the strings behind the scenes most recently attempting to get the Army and Air Force Exchange to keep shipping their child safety products. Supinsky has been pulling the strings behind the scenes since when he sold $250,000 in stock in June and October.


Offender: 2009 Wrap Up

Country: USA
Site:

Category: Business & Finance

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