You might remember that Jeffrey Swain of North Carolina was heavily involved in the stock promotion of scam company Plasticon International, Inc. (PLNI), who, in the opinion of the_worm06 will eventually be known as one of the top 5 frauds in pinksheet company history. PLNI filed for bankuptcy; its largest division has been returned to its seller for failure to pay the full amount of the acquisition price; the CEO has been removed from the company by a court order initiated by a motion by the U.S. Department of Justice, which showed a trail of self-dealing, deceit and fraud by the CEO - and it is widely believed that its CEO will be indicted in a multi-count Grand Jury indictment.
It now appears that Mr. Swain is assisting PHGI in its stock promotion on the message boards - attacking the cybersleuths that are pointing out the self-dealing and deceit of its CEO. Yet another PLNI promoter moving on to PHGI. It seems that Mr. Swain is blaming the evil naked short sellers for the 99% drop in stock price over the last year, even though PHGI has issued many false and misleading press releases while issuing hundreds of millions of shares.
Who exactly is this Mr. Jeffrey Swain?
Are Mr. Swain's comments on the IHUB message board a signal that we are now dealing with another scam company?
You would think that the CEO of PHGI would be a little concerned with what the investment public and, more importantly, the SEC and U.S. Department of Justice have to say about the involvement of Mr. Jeffrey Swain on the PHGI message boards.details to follow___________________________________________________