Jedi Mind Stock Promotion
Thanks to caps, an especially funny and brazen stock promotion by a company called "Jedi Mind" is currently amusing me. The company, which excels in press releases about meaningless non-events, even engages in pitches directly to the rubes. Here's the CEO discussing the stock's recent volume and price moves -- wink wink -- in a press release.
"This started on Friday of last week when the stock closed at .16 with volume in excess of 14 million shares," commented Brent Fouch, CEO of Jedi Mind, Inc. "We have made a few announcements recently including the filming for the 'Inside Business' Segment on CNBC and CNN Headline News and many other outlets, which is expected to reach over 90 million viewers. Once completed, we will be able to announce airtimes and dates.""
Here's a sampling of this company's recent non-events which needed press. Jedi Mind Develops First Prototype Game
PR Newswire(Tue, Sep 29) Jedi Mind Schedules Final Filming Date Regarding CNBC and CNN Headline News
PR Newswire(Thu, Sep 17) Correction: Jedi Mind, Inc. to Participate in Opening Bell Ceremony at NASDAQ Marketplace - Not Ring Bell
PR Newswire(Wed, Sep 16) Jedi Mind to Expand Medical and Gaming Divisions
PR Newswire(Wed, Sep 16) Jedi Mind Selected to Ring Opening Bell at NASDAQ Marketplace During RedChip New York Equities Conference
PR Newswire(Thu, Sep 10) Jedi Mind Updates Shareholders Regarding CNBC and CNN Headline News
PR Newswire(Wed, Sep 2) Jedi Mind Medical Applications Division to Concentrate on Wheelchair Mobility Applications
PR Newswire(Tue, Sep 1) Jedi Mind Management Comments on Stock Price and Volume
PR Newswire(Tue, Aug 25) StockPreacher.com Issues Trading Outlook for Jedi Mind Inc.
GlobeNewswire(Tue, Aug 25) Jedi Mind to Form Medical Applications Division
PR Newswire(Wed, Aug 19)
Sorry that's a pile of garbage, but CAPS blogs don't take pastes well...
Shall we head for the SEC filings to see more about this great upportunity? Wow, nothing there but notices of exempt offering of securities. Oh, there's some hype about "thought control" games and medical devices. But with no filings, of course, there's no way to know anything about these alleged developments. You can't call this a pig in a poke, because that's not fair to pigs or pokes. There's no poke even, here. Nothing describing the company, the tech, who's in charge, what their R&D budget is, why they believe they can compete with the billion-dollar companies who are already miles ahead on such research. Zip. Nada.
In short, this looks like a below-average quality, amateur microcap pink-sheet stock promotion.
No doubt, some will buy into this skeegy-looking outfit anyway. I only hope they remember this when they lose their money: All y'all were warned.