Home > News > Revealing background of a nanotechnology penny stock
April 29th, 2007
Revealing background of a nanotechnology penny stock
Highlighting some of the hype on nanotechnology investments, Barron's Online carries an unfavorable report on nanotechnology company Nano Chemical ("Giving New Meaning to Green Revolution").
On Wednesday, Nano Chemical took out a full-page New York Times ad promising riches to its investors: "NCSH is the right company at the right time for savvy investors looking for big gains."
Barron's Technology Trader Bill Alpert did some digging. He found that newly appointed CEO Alexander H. Edwards III was named after the company borrowed $300,000 from John Stanton, an accountant who has controlled several of Edwards' previous employers. Edwards payed $50,000 in 2003 to settle civil fraud charges with the SEC that alleged he faked a surgical-supplies company's sales. Its investment banker, Robert Esposito, used to run nightclubs and was arrested for selling cocaine; his corporation bankrolled the $232,103 Times ad. Investor Raymond Carapella has convictions for armed robbery, retail scams, and penny stock pump-and-dump frauds.
Harris & Harris Group Notes ABSMaterials' Series B Financing November 22nd, 2013
Harris & Harris Group Letter to Shareholders on Website November 18th, 2013
Harris & Harris Group Reports Financial Statements as of September 30, 2013 November 12th, 2013
Harris & Harris Group Notes CordenPharma's Acquisition of Ancora's Carbohydrate Synthesis Platform and Corporate Name November 7th, 2013
Quantum waves at the heart of organic solar cells December 12th, 2013
Synthesis of superconducting picene crystals December 12th, 2013
Iranian Scientists Discover New Electrical Device for Rapid Diagnosis of Cancer December 12th, 2013
UNL-led team finds less is more with adding graphene to nanofibers December 11th, 2013
Chicago Awareness Organization First Not-for-Profit to Sponsor Dog Training to Detect Ovarian Cancer Odorants December 12th, 2013
ZEISS Microscopes used to create images for Art Exhibit at Midway Airport: Art of Science: Images from the Institute for Genomic Biology October 25th, 2013
New potential for touch screens found at your fingertips September 17th, 2013
Spectroscopy of Microscopic Features of Very Large Samples-The Solution From CRAIC Technologies August 28th, 2013