Thursday, June 23, 2005

Langley Advisory

Langley Advisory are a boiler room, cold calling investors in the UK offering stocks in Companies which have restricted (regulation S) shares. These shares cannot be sold to the American investors, so then why to the UK?

The fact of the matter is that Langley Advisory have an investment
fraud
alert at the FSA. This, however, does not stop them from claiming victims. They have been selling stocks in a Company called General Components Inc, a company which in its annual report claimed that they did not have enough funds for the following 12 months.

A company in trouble offers rich pickings to boiler rooms who will use a very hard sell, whilst withholding very pertinent information. Such entities often for the staple diet of a boiler room. More information will be posted in due course on Langley Advisory, but any potential investor would be well advised to exercise extreme caution when dealing with these people.

Warburg and Ross - Another Boiler Room?

Warburg and Ross have all the hallmarks of another boiler room, hitting the streets. Their web site claims offices in Belize and the Philippines, but a check on the web site itself and on the WHOIS information for the firm, reveals a lot more.

An investigation on the 'About' section of their web site reveals that the information, whilst plausible at first glance, has actually been taken from a legitimate venture capital firm in California.

The WHOIS also has the air of legitimacy about it, but the fact that the site has only been registered for 12 months would leave me concerned about the long term intentions of this Company, and should be enough in itself to raise warning flags about Warburg and Ross.

This firm do not appear to have made any serious splashes yet, but ant potential investors would be well advised to tread very carefully when dealing with them.

Tuesday, June 14, 2005

Stock Investment Advice

Stock investment advice is easy to find. Do you get cold called by brokers with the latest investment tip? I have, as have countless others around the globe. And many of us have lost a lot of money to these people. So, how can you avoid some of these pitfalls?

In general, if you get cold called by anyone, the best stock investment advice that I can give you is to leave them alone, no matter how appealing, or how plausible the sell is. Many of the people and firms who operate in high pressure sales environments, operate outside the law. And these people usually start with a cold call.

Friday, June 03, 2005

Black and White Investments

Black and White Investments have been cold calling UK investors with high pressure sales tactics and very plausible rhetoric. Not withstanding the fact that Black and White Investments are on the FSA warning lists, the fact that these tactics are being employed and that they are cold calling UK investors at all, should be enough to convince you to tread very carefully in your dealings with them.

A closer examination of their WHOIS information, reveals that they have hidden their details, cloaking themselves in anonymity.