Stock Outlaws Try Again with TENGUY WORLD INTL (PINK:TGWI)

We are well aware of what TENGUY WORLD INTL (PINK:TGWI) are capable of in terms of post-pump performance. If you are not, you only need to take a quick look through their chart and you will see what the previous promotional effort for them, resulted in. If we have to come up with a short description of what happened, we would probably use the words “spectacular” and “failure”.

Now, four months later, Stock Outlaws are sending a new email in an attempt to create some more excitement around the oil and gas company. Actually, when we say that TGWI are an oil and gas company, we can’t be sure that this statement is 100% correct and there is a very good reason for this uncertainty – they have not filed any sort of documents since September 25, 2012. The report that they published back then covers the quarter ending on June 30, 2012 so, for all we know, they might not be functioning at all right now.

Judging by the financials found in the report, things weren’t exactly frantic back then, either. Here’s what we mean:

• total assets: $200
• total liabilities: $2,500
• revenue: $0
• net loss for the period: $2,500

So, when you look at the cold hard facts, Stock Outlaws are saying that a company that is completely shrouded in mystery and has $200 in the bank is a good investment option. We can’t say that we’re surprised by this, but it does sound a bit far-fetched.

What did raise some eyebrows in the office though, is the fact that this time the pump is not backed up by some sort of PR campaign, which is going to make Stock Outlaws’ job a whole lot tougher. During the last promotion, press-releases were coming out of TGWI‘s HQ once every couple of days. They all sounded extremely promising but we still have doubts about the connection between the things described in them and reality. Speaking of which, the latest piece of news that we see on TGWI‘s website is dated December 19 and it states that have started work on one of the wells in Oklahoma. It also says that they will be providing details on the way things are going in the near future, but now, four months later, we have yet to see any sort of announcements. They probably forgot to publish the good news.

Even their financial report is difficult to understand and you have to dig fairly deep to find crucial pieces of information like the name of the company CEO, for example. We managed to do it, however, and it turns out that the person at the helm of TGWI is called Claire Singleton. We ran a quick Google search on her and we see that researchers in the Investors Hub forum have connected her to a host of penny stock companies. One of them is Hokutou Holdings International Inc (PINK:HKTU) and if you have been following the developments in Pennyland recently, you will know that there has been quite a lot of promotional activity around them. The chart on the right shows that they have failed just as miserably as TGWI after the emails from the last campaign stopped.

However, we can’t say that only TGWI and HKTU suffer the effects of paid promotions. We have seen many tickers fall into oblivion once the excitement is over and Stock Outlaws have taken part in a lot of failed pumps throughout the years. One of their more recent promotions was aimed at DMH International Inc (OTC:DMHI). It took place on March 1 and we reckon that the chart on the right does a rather good job at describing the consequences.