Junk Pumping 102: More Threats from Our Pal Jeff
As you remember, yesterday, a certain junk pumper named "Jeff Stone" of one "Wakabayashi Fund" yesterday threatened me with "a good-ole East Texas a---whippin...'
He was angry that I didn't believe his unsolicited rooster [the usual word trips our profanity filter ] and bull story about "Thinkpath," nor take him up on his generous invitation to tout online this miserable little penny stock, a long-term money loser (with a book value per share of -$0.23, that in 1995 did a one-for-5000 reverse split!) that has been promising investors big things for years, and delivering plenty less.
Today, no doubt embarrassed by the fact that his little scheme has been exposed here on this blog, we get the new threat: a lawsuit. Enjoy.
(PS, I believe I already have printed the entire email commentary, something Jeff accuses me of not doing. If Jeff -- who is obviously reading this blog -- has something I've missed, I invite him to join CAPS and put it in the comments. Hey, then he could explain to us why we should all be interested in a money-losing bulletin-board penny stock being hawked via-email blast. And maybe he could tell us what's up with his website's 1980s soundtrack too)
Seth:Why did you choose to only print a portion of the email commentary? Why not print the entire email correspondence that we had which gives a complete reflection and tone of the communication…? In your reckless assessment, which all transpired within approximately a 45 second time span, you brought about an unprofessional reflection on your employer, Motley Fool. Perhaps your employer should rethink the amount of leeway that they afford their firm’s representatives. We are going to explore legal recourse against Motley Fool as well as you personally. Regardless of cost, this is a promise!
Regards,Jeff Stone cc: Jeff Daichman/Kane Kessler Patrick Garner/Motley FoolDavid Gardner / Motley FoolTom Gardner / Motley FoolTadaharu Wakabayashi / Wakabayashi Fund LLC