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We will rob you... Just saying...

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June 03, 2009 – Comments (2)

That's pretty much the gist of the compliance paragraph at the end of the most recent spate of horrible pump and dump emails I've been getting.

IMPORTANT CYA: This is an ad. We were paid to send this out. We only take on deals we feel have upside and that are willing to pay us. We never tell people to sell. The info in this piece is based on what the Company told us. What we believe MAY happen in the future may not come to pass this is a risky business. We don’t hold any licenses and this has not been approved by anyone. Don’t buy this unless you can pay the band and handle a complete loss. Around One Year Ago We were paid twenty thousand dollars in cash. We will sell any remaining shares during this campaign and after at prices below the target prices as necessary to cover expenses. Do your homework and check out any deal before putting your hard earned cash in it and talk to your own experts. Basically if you decide to buy in it’s your decision and you are on your own. Please be careful and bet with your head not over it. We want you to know that while our ad says buy we are selling so you can factor it in to your  decision and we don’t get in trouble.

For any complaints about this ad please call us at 405-378-5424.       

 

That phone number, of course, is out of service. If it weren't, I would not be surprised if it was simply being used to harvest live phone numbers from some other scam. (as mine was recently... Called a roadside number to see what kind of real estate scam was running, and got a call a few minutes later from a fraud investigator at Crucial.com. My number had, within minutes, been attached to a fraudulent memory order, probably made with another schlub's stolen credit card number.)     

This appears to be the homepage of these parasites: http://fincom.co.il/  

Here's how they describe their pump and dump process there: Financial Communication was established seventeen years ago by Noam Yellin,. Thanks to a long term proven ability in investor relations, Financial Communication   provides many benefits to the customers portfolio... Financial Communication escorts its customers through the capital raising process, establishing a business plan and a professional strategy to handle institutional and private investors. .Our vision is to maximize shareholder's value by creating and capitalizing on opportunities and maintaining our companies' ambitious growth track.

This all comes from a classic-looking pump email I got today touting some "security" company that has allegedly made a major sale to an unnamed South American company.

 

Suspect Detection Systems Inc. Announces Sale of Cogito Crime Prevention Technology to a Federal Agency in Latin America

  

  

NEW YORK, June 1 /PRNewswire-FirstCall/ -- Suspect Detection Systems Inc., (OTCBB: SDSS.), a leading developer of counterterror and crime prevention technology, announced today the sale of the Cogito(TM) system to a large Federal Agency operating in a major Latin American nation.

 

The Cogito system will be utilized by federal agents to combat a wave of criminal activity in the country.

 

The first Cogito units have already been successfully installed. Additional units are expected to be sold to the agency later in the year. Furthermore, the successful implementation of Cogito technology by this agency is expected to lead to sales at other agencies operating in the same country.

 

Cogito is an automated interrogation system used to detect the hostile intent of suspected criminals and terrorists. The system has multiple applications, and is particularly useful for interrogating individuals suspected of committing crimes, or being related to organized crime rings. The system is also utilized for pre-employment and employee screening, fraud prevention, and military intelligence collection. Cogito can easily be deployed to detect terrorists or smugglers at checkpoints and border crossings, and even within war zones.

 

The Cogito Remote Testing Function enables screenings urban as well as rural areas. This function allows the operators of the Cogito system in the referenced country to supervise tests taking place in remote locations while remaining at agency headquarters.

 

"Cogito is a powerful tool that can be utilized by any organization with advanced security and crime prevention operations from private enterprises to federal agencies," said Shabtai Shoval, CEO of SDS Ltd. "The reports we received from our customers which installed the COGITO demonstrate the impact of the system on the war against crime. Due to the success of the technology we expect this initial sale to lead to additional sales within this same agency as well as other law enforcement agencies throughout the region."

  

About Suspect Detection Systems

 

Suspect Detection Systems Ltd. is a developer of proprietary counterterror and crime prevention technology designed to identify threats in real-time, and prevent incidents before they are carried out. The technology detects the hidden 'hostile intent' of assailants-before they commit their intended acts-with a remarkable degree of accuracy. The system can also be used after crime was committed to quickly identify criminals from among a pool of suspects.

 

Learn more about Suspect Detection Systems and Cogito Technology at

 

Forward-Looking Statements

 

This letter contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of Suspect Detection Systems and its technologies. Readers are cautioned not to place undue reliance on these statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release, as actual results may differ materially from those indicated in the forward-looking statements. Suspect Detection Systems' public filings may be viewed at

 

    Contact:

 

    Alex Traiman

    +1-646-863-9729

    alext@sdscp.com

 

    Michal Efraty

    Public & Investor Relations Consultant

    Financial Communication

    michal@FinCom.co.il

    Tel: +972-3-6954333

 

2 Comments – Post Your Own

#1) On June 03, 2009 at 9:56 AM, ralphmachio (23.67) wrote:

You can make money if you know the dump is coming, and you get in quick and out quick. BANI was an incredible example. I never saw value in the stock but the hype was a 5 bagger.

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#2) On June 03, 2009 at 10:24 AM, TMFBent (99.83) wrote:

Correction: you can make money if you're lucky enough to get out quick. The volume on a lot of these is so thin that everyone can't get out the door at the same time.

There's pretty often (I'd bet usually) not room for anyone to make money except the leeches in the know on the pump and dump.

Sj

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