Week 34 of 2012 is in the books and, as September draws nearer, so does Monday which is “again” said to have the Awesome Penny Stocks pick. So as speculators do, traders jumped all over Pristine Solutions (PRTN) on Friday due to the connection with Carrillo Huettel, LLP and their acquisition this week of Eaton Scientific Systems, Ltd. In typical APS fashion, shares had a tiny dump on the market Friday morning and the buzz was enough to move $4,824,768 worth of PRTN stock and drive it up to 0.225.
Pristine Solutions, on August 23, 2012, acquired Eaton Scientific Systems, Ltd., a Nevada corporation set up by Edward W Withrow, 1327 Ocean Ave, Penthouse, Van Nuys, CA 91401 on January 31, 2006. (see here) Eaton Scientific Systems is said to be a life science company focused on quality solutions to women’s health issues surrounding pre-menopausal, pari-menopausal and post-menopausal conditions with products using non-hormonal treatments.
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PRTN Stock Chart
Close: 0.225, up 0.075 (50.00%)
Average Trade Size: 65,921
Forward Stock Split: 6-for-1 April 2, 2012
Issued and Outstanding: 418,000,686
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On February 27, 2012, Pristine Solutions authorized an increase to the authorized number of shares of common stock from 100 million shares to 650 million shares and decrease the authorized preferred stock from 100 million shares to 50 million shares. Also, Pristine effected a 6-for-1 forward stock split of the issued and outstanding shares of common stock on February 27, 2012.
So what we have thus far is the typical, although extremely small, share dump prior to an Awesome Penny Stocks promotion, the attorney, Carrillo Huettel, LLP, tied to many APS deals which signed off on the S-1 of Pristine Solutions, and the share structure of a typical APS deal (almost exactly what North Springs Resources, NSRS, was).
The lead singer change occurred one day prior to the official acquisition of Eaton Scientific whereas Christine Buchanan-McKenzie resigned from all positions and was replaced by the new lead vocalist Michael Borkowski. Borkowski’s resume, as well as a highly accomplished professional race car driver history having won the world famous 12-Hours of Sebring, has the history required to install investor confidence with stints or connections to:
- Huntingon Chase, Ltd.,
- Ecologic Transportation (OTCBB:EGCT),
- Montecito Bio Science,
- Audio Eye,
- Dubai based Rasia Group,
- Kingsdale Capital International,
- Associated Properties, LLC, and
- Cum Laude graduate from the Taft School and honors gradute from Cornell University.
So, PRTN was originally set up for the the sale and distribution of electric instant water heaters in Jamaica, switched over to offering services in IT Staffing and Software Solutions, has APS ties, connections and share structure similarities, as well as a professional singer, and is now set to offer solutions to women’s health issues surrounding pre-menopausal, pari-menopausal and post-menopausal conditions with products using non-hormonal treatments.
On top of this, APS has dumped one scam after another on top of greedy traders who fell for the trap of gold with NSRS, vitamins with SNPK, and clean fuel technology with GWBU, all three of which crashed like a gorilla thrown from a low flying Cessna with no parachute and 10,000 lbs brick on its back. Unless your moral compass is broken, you had damn better be trading the PRTN pump and dump with the intent that women’s health issues are the primary agenda and not a fictitious scam again that swindles more millions into the pockets of the burrowing pumpers.
About PRTN Stock
Pristine Solutions Inc. is a pump and dump. Since the original S-1 was filed on May 4, 2010, 36 selling PRTN security holders were offering for sale of 29,666,781 shares which they obtained as part of an issuance on January 29, 2010. PTRN stock never traded one share since the S-1 filing until Thursday, August 23 when 230,000 shares traded at 0.15 to drop the price from $2.86 where it has been priced with no volume for the last 5 years plus.
The original S-1 has the listing of the 36 shareholders who were issued the 29,666,781 shares at $0.0015 per share as calculated on May 4, 2010. With the April 2nd 6-for-1 forward stock split, those 26,666,781 PRTN shares at $0.0015 each are now 178,000,686 with a cost basis of 0.00025 per share.
To view the SEC filings for PRTN, click here.
Bottom Line: PRTN is a must add to the list of penny stocks to watch. If a true alert is issued by Awesome Penny Stocks and the banner is placed on their website, by all means, make the money. Understanding that its a pump and dump and the intricacies of the PRTN scam may help avoid losing money. There is no way they really are going to go from selling water heaters in Jamaica to offering women non-hormonal cures unless they picked up some Caribbean voodoo recipes along the way.
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