Aristocrat Group Corp. (OTCMKTS:ASCC) Surges as Pumps Pile Up

Yesterday Aristocrat Group Corp. (OTCMKTS:ASCC) was kicked into frenzied trading by a barrage of pump emails. The stock suddenly shifted seven times its average volume, aided by the pump campaign, and closed the day 58% up.

The stock was touted by a number of promoters, disclosing compensations ranging from $25 thousand to $30 thousand. The company clocked with a press release in the early morning yesterday, publishing what was little more than PR fluff, explaining how the spirits market was in a particularly favorable setup for the launch of the company’s line of vodka.

Make no mistake, Aristocrat Group obviously seeks to cater to the true aristocrat in any of its potential future customers, offering nothing short of “ULTRA-PREMIUM” vodka. Those who are not already intimidated by the unthinkably premium qualities of the liquor may continue reading further.

To launch its brand on the market and roll it out in stores while sustaining continued production, ASCC had the following financials to work with as of the date of its latest quarterly report – January 31, 2013:

• $42 thousand in cash, making up total assets
• $227 thousand in current liabilities
• ZERO revenues since inception
• $127 thousand net loss for the quarter ended Jan 2013

If those dreary financials were not enough, investors may also want to know who is steering ASCC through the dangerous waters of the penny market. The man behind the company is none other than Mr. Robert Federowicz – ASCC‘s CEO, CFO, secretary, treasurer, president and sole director. That may seem like a heap of work for one man, but the capabilities of Mr. Federowicz stretch much further. He also happens to be the CEO and chairman of Quantum International Corp. (OTCMKTS:QUAN) – an OTC Pink Limited Info tier enterprise that we previously covered, that happens to have just come down hard from its hype-driven climb.

Mr. Fedorowicz was also CEO of First Titan Corp. (OTCBB:FTTN), with his tenure there ending just as the company had suffered a severe drop in price that showed no signs of slowing down.

With the pumps for ASCC and the hype thrown about by the company, it will be no wonder if it does run a little further. However, considering the historical aspect of both the previous pumps for ASCC and the performance of companies headed by Mr. Fedorowicz, such a run may last an unpredictably short while.