{"id":978,"date":"2012-12-10T10:14:00","date_gmt":"2012-12-10T10:14:00","guid":{"rendered":"\/?p=978"},"modified":"2013-03-25T20:55:43","modified_gmt":"2013-03-25T20:55:43","slug":"usa-graphite-inc-otcusgt-pump-crashes","status":"publish","type":"post","link":"\/articles\/usa-graphite-inc-otcusgt-pump-crashes\/","title":{"rendered":"USA Graphite Inc (OTC:USGT) Pump Crashes"},"content":{"rendered":"

\"2USGT_chart.png\"USA Graphite Inc (OTC:USGT<\/a>) is the current pump target of the Stock Castle group, and we’ve been keeping an eye on it since the start. <\/p>\n

Despite the obvious signs that USGT<\/a> is a pump scheme, or perhaps exactly because of those signs, USGT<\/a> has been going up. On Friday, it closed up another 7.2% at $0.67 per share.<\/p>\n

After the close the company issued a press release about another property they are supposed to acquire. The funny thing is they are getting it from Nevada Minerals Holdings, Inc. (NV Minerals). Looking at the 8-K forms filed for the agreements some traders may fail to see one very disturbing detail.<\/p>\n

\"zouvas.png\"The address of NV Minerals is 2368 Second Avenue, Third Floor, San Diego, CA 92101. Ignoring the fact that the building looks like a residence, guess who else is located at that address. None other than Zouvas Law Group, the legal counsel of USGT<\/a>, and a former partner of Carrillo Huettel.<\/p>\n

\"6BRND.png\"It will be interesting to see how long this pump can go before following in the footsteps of predicesors like Premier Brands, Inc. (OTC:BRND<\/a>) and IDO Security, Inc. (OTC:IDOI<\/a>).<\/p>\n

\"NGRC.png\"It seems the other graphite pump job, National Graphite Corp (OTC:NGRC<\/a>), is all but done already. USGT<\/a> may be on its way too. When I started writing this article it had just opened with a gap up, and right now it’s about 12% down. Hopefully, most people knew what they were doing with this one.<\/p>\n

\"\" <\/p>\n","protected":false},"excerpt":{"rendered":"

USA Graphite Inc (OTC:USGT) is the current pump target of the Stock Castle group, and we’ve been keeping an eye on it since the start. Despite the obvious signs that USGT is a pump...<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[369,299,55,72],"class_list":["post-978","post","type-post","status-publish","format-standard","hentry","category-news","tag-brnd","tag-idoi","tag-ngrc","tag-usgt"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=978"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/978\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}