Jet-Life Penny Stocks Employed to Raze FIMA, Inc. (PINK:FIMA) to the Ground
The last few days have proven very prolific for FIMA, Inc. (PINK:FIMA) as the company published its quarterly reports for the three-month periods ended Jun. 30 and Sept. 30, respectively. Just in time for the holidays, you would think. Or, just in time for a new paid pump on the back of the stock.
As it is, FIMA is Jet-Life Penny Stocks’s latest pump job. The promoter has agreed to spread the word on FIMA on behalf of an unknown third party throughout today’s session in an attempt to artificially ramp up its market value. Why is it needed, though?
To begin with, FIMA is no longer as volatile as it used to be in the not so distant past. The number of FIMA‘s freely tradable shares has shot up from 36.5 million (a/o Jun. 30) to a whopping 85.3 million (a/o Sept. 30, 2012), i.e a 133% surge within a single quarterly period. In other words, under normal market conditions, investors will have to place bigger orders to shift the PPS.
Second, investors should not remain totally blind to the management’s negligent filing policy. Even though they seem to have just made up for it now by filing two fresh reports, the company is still considered a limited information provider. In this respect, attracting investors’ interest is quite a challenging task.
Now that FIMA‘s latest financial developments have finally seen the light of day, it is kinda odd why a certain third party unwilling to disclose its identity has chosen this exact moment to approach promoters Jet-Life Penny Stocks and Wallstreet Surfers to raise awareness about the stock. This move comes just too soon, which is why its aim is so obvious, i.e capitalizing on FIMA‘s move towards transparency.
One of the promotional emails in support of FIMA describes the company as one that is operating on three industrial levels, i.e oil & gas, mining and real estates, simultaneously. Each of these fields is regarded as a unique profitable opportunity. However, a quick glance at the company’s newly published financials reveals way too bleak a picture. Without going into too much detail, let us just point out that the company has not made a dime in sales yet. That is why, it is still heavily dependent upon external debt financing to at least try to strike it lucky with its would-be business ventures. As long as that continues to be the case, FIMA stockholders will, on the other hand, remain highly vulnerable to dilutional management practices.
Last but not least, the guys at Jet-Life Penny Stocks are by far not among the most successful pumpers out there, especially when it comes to what happens with the stocks they are promoting once the pump job is over. 
Based on our historical data, however, we can see that:
- when Jet-Life promoted Yellow7, Inc. (PINK:YLLC) back in early-September, the stock slumped by 37% on the very next day. To date, YLLC has wiped off a staggering 98% of its market value!!!
- another JLPS’s profile – Creative Edge Nutrition Inc. (PINK:FITX) – was pumped on Sept. 12 for $3000. FITX registered a first-day loss in excess of 20%, thus unleashing a steady downward trend. The latter has so far resulted in a 90% depreciation of the company’s market value.
In case the aforementioned examples do not sound convincing enough, feel free to check other historical JLPS pumps on this location.
