Aristocrat Group Corp (PINK:ASCC) Pays for Promotion
Aristocrat Group Corp (PINK:ASCC) has already been pumped twice since February. We have received two new pump emails about ASCC. This time, it looks like the company paid for the promotional efforts.
The disclaimer of an email by Quality Stocks (QS) says ASCC paid $50 thousand for 90 days of promotional services. Another email, by WallStreetSurfers (WSS) states that QS paid $7 thousand for a one day pump by the former. The funny thing is, according to their filings, ASCC don’t have $50 thousand, and they haven’t announced any financing.
QS is not a typical pumper. They don’t send long emails filled with far-fetched claims. Their emails look like the one on ASCC. The lack of baseless claims and boasts may be one of the reasons for the lack of market response to most QS emails.
They mailed about Rainbow Coral Corp. (OTC:RBCC) on Feb.10. That didn’t seem to have any effect on the market performance of RBCC which was headed downhill at the time, and now it’s trading about 70% lower.
ASCC is not the first time QS has engaged the services of WSS to pump the stock of a client. QS mailed about Rafarma Pharmaceuticals, Inc. (PINK:RAFA) on Mar. 31, again, to no avail. Then QS paid WSS $7 thousand to pump RAFA on April 7 and that brought some volume to the obscure stock.
The previous two times ASCC was pumped, that resulted in crashes. We can’t be certain what will happen this time, but the due diligence done in the previous articles on ASCC may help traders get an idea.