the_worm06

Thoughts, Comments and Research on Publicly Traded Companies and Internet Stock Message Boards

Friday, February 17, 2006

[SVXP]: The Fiasco at Sovereign Exploration Associates International, Inc

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The fiasco at SVXP.

Was there a misinformation campaign designed to pump the price of the stock right before the 1000-1 reverse split?

What did the promoters know or not know about the massive increase in Authorized Common shares, by a factor of 100 times, to 250 billion shares?

What did the promoters know or not know about the massive increase in Common shares Issued and Outstanding by a factor of 5 times, to 2.3 billion shares?

Did the promoters purposely mislead the public with outdated Authorized and Outstanding SVXP common share amounts months after the more current, actual amounts were filed with the SEC?

What will a full review of the trading records of SVXP stock of these promoters show?

Was a similar misinformation campaign also carried out at PLNI by the same promoters?




details to follow



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