The penny stock of Pacific Clean Water Technologies, Inc. (PCWT) is on high alert after yesterday’s SEC halting of PacWest Equities Inc. (PWEI). Speculators watched yesterday as shares of PCWT stock began to trade for the first real session since the 2 stock splits: 40-for-1 on December 7, 2012 and 3-for-1 on April 8, 2013. Yet to drop any news, traders are gobbling up shares of the on-site chemical and non-chemical water treatment provider knowing that Awesome Penny Stocks is issuing an alert on it as their next pick since Victory Mark alerts are already out.
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PCWT Stock Quote at 10:16 AM
Market Cap: 155.70M
Last: 0.1768 ▲ +0.0897 (+102.99%)
Dollar Volume: $7,887,842
Issued and Outstanding: 300,000,000
Craig S. McMillan: 90,000,000
Steve W. Roussin: 90,000,000
14-Day Rel Strength: N/A
1st Resistance Point: 0.2424
1st Support Level: 0.0094
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Less than 24 hours since their last “money grab” pick, PWEI, was halted by the SEC, Awesome Penny Stocks and their Victory Mark affiliates issued alerts on Pacific Clean Water Technologies. With PCWT stock now the “Awesome” stock to risk your money on, let’s take a look at how it all began.
Prior to December, 2012 Pacific Clean Water Technologies existed as Unseen Solar, Inc. (UNSN). Incubated by Abby L. Ertz, Esq. of The Ertz Law Group, a San Diego based, close affiliate firm of the infamous Carrillo Huettel LLP. Edward F. Myers II was the sole director on the S-1, but information like that won’t really tell you when to sell PCWT stock or if it too will get halted by the SEC since APS and crew are an obvious target of authorities.
On November 13, 2012, Unseen Solar, Inc., closed a stock purchase transaction with Western Water Consultants, Inc., an environmental services company engaged in the business of operating water treatment programs for major manufacturers, oil and gas refiners, and the food and beverage industries. Unseen issued 4,500,000 pre-pre-split shares of UNSN stock.
Craig S. McMillan and Steve W. Roussin took control of the shell and subsequently applied with FINRA to change the name to Pacific Clean Water Technologies, Inc., effective December 12, 2012. Each owned 90,000,000 shares of PCWT as of the 10-K filing April 30, 2013. The two may be able to sit on the seats of a pump and dump, but the SEC filings need to be cleaned up if they really want dumb investors to by PCWT stock.
The most recent Q fling, for the 3 months ended June 30, 2013, still has “March 31, 2013” in the column heading. Not caring much for small details, cash and cash equivalents as of June 30, 2013 was $30,052, total assets were $644,970, and total revenues for the 3 and 6 months ended were $812,614 and $1,307,515, respectively, virtually identical to the previous year: $812,577 and $1,438,812, respectively.
As if that wasn’t a hint that something fishy is up behind the scenes at Pacific Clean Water Technologies, pump alerts out less than a day after the handcuffs were put on to PWEI shareholders proves that the pick was a more sophisticated way of stealing money like they did last year with Vision Plasma Sysem Inc. (VLNX). Hence the same conclusion: buying into the Bull of PCWT stock is as risky a move as sticking your thingy in the electrical socket instead of just buying some Cialis the right way.
About PCWT Stock
Pacific Clean Water Technologies Inc. is a development stage company engaged in the business of operating water treatment programs for major manufacturers, oil and gas refiners, and the food and beverage industries.
Leaving no rest for the wicked, the Victory Mark sites are, so far, the only ones pumping PCWT. Expect Awesome Penny Stocks to pick up the slack later in the day – or not since they are the target of the SEC at present. Expect to see PR come out after the close and nearly the entire 120 million share float of PCWT stock trade today, making it easier for the crew and their MM contacts with BMAC and WDCO to cross-trade positions to keep volume high and interest in the newest POS to come from the group.
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