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Still More Pumping from Manchester

Recs

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November 29, 2006 – Comments (2)

A couple posts down, you see info on Manchester (MNCS.OB) being pumped by some Vegas shop called Blue Chip IR.

Today, Manchester released a PR (http://biz.yahoo.com/iw/061129/0189351.html) hailing an upgrade from an "independent" research firm.

"Richard Gaines, an executive of Manchester, Inc., states, "We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our stock. This offers further confirmation to our shareholders that our company is headed in the right direction."

Gaines may be a lawyer, but that doesn't mean he knows how to use a dictionary.

Independent? This is yet another rent-an-analyst shop (like MN1, the place Manchester earlier turned to to pump their stock and issue "research.")

Here's what Bridge IR does: it pumps companies for money.

Read the disclaimer in the report on Manchester:

"This profile is an advertisement; the articles and/or information which appear herein may not be construed as investment advice. All articles, notices, and other information contained herein concerning Manchester Inc is a paid advertisement by a third party, which has retained Bridge IR Group Inc. to produce this advertisement. The information contained herein is based upon sources which we consider reliable but is not guaranteed by Bridge IR Group Inc. or its officers, employees or affiliated partners.

Bridge IR Group Inc. provides information only, this is not meant to be a recommendation to buy or sell the profiled security, nor is this an offer to buy or sell the security. The publishers of Bridge IR Group Inc. are not investment advisors and are not acting in any way to influence the purchase or sale of the security. Before purchasing or selling any security profiled, it is encouraged and recommended that you consult a stockbroker or other registered financial advisor. The reader must understand that the companies we select involve a high degree of investment risk. Potential investors must understand that they may lose all or a portion of their investment due to the risk involved.

Bridge IR Group Inc. does not guarantee the accuracy or completeness of the information displayed in the company spotlight section of our web site. By viewing the information displayed in our company spotlight section of our web site you understand that Bridge IR Group Inc. is not liable for any losses, damages, monetary or otherwise, that may occur due to the content of this profile.

PAST PERFORMANCE MAY NOT BE INDICATIVE OF FUTURE PERFORMANCE

SEC compliance - In order to be in full compliance with the Securities Act of 1933, Sec. 17(b), Bridge IR Group Inc. has received a fee of eighty eight thousand dollars as compensation from a third party (Blue Chip IR Group LTD). The money received have been accounted for as advertising fees for displaying MNCS corporate information to our visitors/members. Bridge IR Group Inc. also reserves the right to purchase or sell shares of the company's stock on a voluntary basis in the open market during or after the profiled period."

Note that Blue Chip IR is paying these guys off, too. So, Manchester is hailing this "independent" report, which blue chip itself admits is nothing more than an advertisement... Are we to believe Manchester knows nothing about these paid pumps?

Here's a bit more of what Bridge IR is pumping these days. (http://www.bridgeir.com/profiles.html)

FEATURED PROFILES

FUSA Capital Corporation (OTCBB:FSAC) is a leading innovator of video and audio search engine technologies for online and mobile consumers as well as digital content providers. FUSA operates SearchforVideo.com, a free web-based search engine and video portal that allows consumers to easily locate and view video clips as well as assist video iPod" users to find content already formatted for use with their device. The company's proprietary technology draws upon millions of video clips from more than 10,000 independent sources.

EnDevCo is founded on the principle that the sensible application of "state of the art" geoscience technologies provides a profound reduction in the risk profile that accompanies all investment in oil and gas exploration and production. In pursuit of this principle, the Company has adopted an attitude that can be encapsulated in the statement "...science before the drill bit."

more info

Reg Technologies, Inc. owns the worldwide rights to the Radmax™ rotary technology with its U.S. subsidiary REGI U.S., Inc. which owns the U.S. rights. Reg has been involved in the Research & Development of the Radmax Technology since 1987. The Company's goal is to license the Radmax™ technology and/or to participate in joint ventures to manufacture specific Radmax™ applications.

Benacquista Galleries, Inc. was founded in 2002 and went public in 2005. Through acquisition and partnership development, Benacquista specializes in advancing the value of start-up and revenue-stage companies. We provide capital as well as a full range of strategic, operational and management resources for our clientele and partner companies The company has developed a business model to focus on companies in the Art, Education and Publishing Industries.

DC Brands International, Inc. (OTC: DCBI) markets its Dickens Energy Cider through a growing network of distributors nationwide. They intend for this new entry to the energy drink market to become a direct competitor to the market leaders Red Bull®, Monster®, and Rockstar®. However, they differentiate their drink with an additional ingredient, Horny Goat Weed, which adds a unique flavor that has won mouths over across the nation. As stated in previous press releases, DC Brands is also in the process of releasing their new "bag-in-the-box" and their alcohol versions of the product.

Power Air Corporation (OTCBB: PWAC), with the head office in Livermore, California, is engaged in the business of developing, manufacturing and marketing fuel cell based commercial products. Power Air has the exclusive worldwide license to zinc-air fuel cell technology that has been developed at the Department of Energy's Lawrence Livermore National Laboratory, in Livermore, California, for all fields of use (portable, stationary, light mobility and transportation applications) and commercialization.

2 Comments – Post Your Own

#1) On November 30, 2006 at 5:15 PM, TMFEldrehad (99.99) wrote:

I've said this before, Seth, but it's worth saying again.

You have my utmost admiration for finding, and exposing (always backed-up by a long list of facts and insightful analysis) these kinds of scams. I'd always heard of these kinds of stories from time to time, after the fact, but I'd never seen them play out before - right before my very eyes. May BBQChickenRobot live in infamy.

You've done me, and I'm sure many, many other Fools, a great service and the education I've gotten from following your CAPS picks, pitches, and follow-up articles is immesurable.

I just wanted to say, again, thanks!

Your biggest fan (or one of them),

Russell

a.k.a. TMFEldrehad

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#2) On December 01, 2006 at 7:29 PM, TMFBent (99.80) wrote:

Too kind words, from someone who's whipping my butt.

Oh, and by the way, on this topic, I called Manchester's IR folks and asked two questions:

1) how do you square a PR calling this recent paid advertisement "independent?"

2) is Manchester involved with Blue Chip IR (the firm paying these other firms to come up with coverage.

To my surprise, they answered.

1) it's "independent" because the analyst didn't own shares. (Never mind, I guess, that the $80K, is paid for a certain purpose, and Bridge IR says it retains the right to sell during the pump.

2) Manchester IS in fact, paying Blue Chip IR.

So, to summarize: Manchester is paying Blue Chip, and Blue Chip is paying these other companies to pump Manchester.

Therefore, Manchester is paying to pump its own stock, just as it did with MN1...

Doesn't take a genius to figure out why...

Sj

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