Could Breezer Ventures Inc (PINK:BRZV) Be Onto Something?

Promoters of all shapes and sizes have been desperately trying to pump Breezer Ventures Inc (PINK:BRZV)’s stock for the last couple of weeks. In much the same way, BRZV themselves have been desperately trying to pump oil out of the ground. So, which is more likely – BRZV succeeding with the operations, or the pumpers succeeding in lifting the stock off the ground?

Well, on the stock pumping front, things are really heating up. The number of emails that we have intercepted since the start of April has reached an impressive 28 and it comes from all sorts of promoters. Even HoleInOneStocks have jumped in recently, and we hadn’t heard from them for a while. Still, that doesn’t mean that we don’t remember some of their so-called winners. Back in October 2011, for example, they initiated a huge campaign on Eco Ventures Group Inc (PINK:EVGI) and the chart on the right shows how horribly wrong it all ended. That said, there are so many oil and gas exploration company being touted every day, and we have seen so many of them burn investors who believed all the hype, that we’re really struggling to see how anything different might happen this time.

But let’s leave the other companies for a moment and focus instead on BRZV. A quick look through our database reveals that the promotions for them over the years have been a lot and we decided to see what the pumpers were talking about a few years ago. We picked a random email from the first campaign that we have record of – the one in October 2011. It was sent by BestPennyAlerts and you can have a look through it right here.

While it’s still fresh in your mind, you can read one of the latest emails that we received on BRZV – the one from HoleInOneStock from just a couple of hours ago. If you read carefully you will see that what HoleInOneStocks have done is take BestPennyAlerts’ email, change the number of the wells, alter the wording a little bit and send out the same exact thing a few years later.

This is not that surprising, actually, since the pumpers are not used to doing any actual research and they rely solely on press releases and, what they call, information provided by third parties for their campaigns. If they had done some research, they would have found a lot of things.

Like, for example, the fact that when BRZV were touted the previous times, they were promising exactly the same things that they do now. Despite that, as we mentioned in our previous articles, they have not generated a single penny in revenue since inception and their losses are mounting by the minute.

If they had done a proper research, they would have found out that there was an administrative proceeding against some individuals who were conspiring a hard-mailer pump on BRZV with the sole aim of defrauding investors. They might have even warned you about the risks.

They might have mentioned the fact that BRZV‘s stock does not perform perfectly under the pumping pressure and it always crashes as soon as the hype is gone. They could have, but they haven’t. As we pointed out before, the same crash could occur again this time around, and the 19% drop from yesterday as well as the fact that, as of the time of writing this article, they are a further 35% down might serve as something of a warning.

So, what about BRZV themselves? Are they really able to start pumping oil out of the ground? If their latest financial statement – the one for the quarter that ended on December 31, 2012 – is anything to go by, no. They simply don’t have the financials to do it. If you are willing to believe the press releases, though, they are actually really close to becoming very, very rich. Then again, that’s exactly what they said a couple of years ago.