Titan Iron Ore Corp
Complaint 149281 Details
- Date Occurred: 03/13/2014
- Reported Damages: $25,000.00
The complaint is against an online dating profile
The complaint is a listing fraud posted on public forums or sites against an anonymous entity
The complaint is mobile text spam or smishing related against an anonymous entity
The company or person contact no longer exists
International boundaries
I purchased stock in this company on 3/12/2012 at $1.46 per share
I sold my shares of stock on 8/6/2012 for $0.249 per share
This was a Pump and Dump Scam
On March 30, 2012 I emailed Diana Bittner - at Titan’s Investor Relations department asking why the stock price was falling
On March 30, 2012 I received an email from Adam Lowensteiner of
Wolfe Axelrod Weinberger Associates LLC
One Grand central Place
60 East 42nd Street
Suite 2534
New York, NY 10165
212 370-4505
Adam requested a phone conversation – I spoke to Adam that afternoon by phone
Adam informed me that Titan purchased a shell company to side step the SEC regulations allowing Titan to sell stock – Adam stated that some of the original company investors (I later learned the company that Titan bought was Digital Yearbook, Inc.) were selling their stock – Adam assured me the stock would rebound and that I had nothing to worry about – Everything Adam said to me was a lye what follows is an excerpt from an article written by Nathan A Busch found on the internet
Internet Frauds and SCAMS
Thoughts on Life and the Law
May 25, 2012
By Nathan A. Busch
It is interesting that the company Titan Iron Ore, Corp., with the ticker symbol TFER returns the result that the symbol does not exist on an EDGAR search. However, a search of “Titan Iron Ore, Corp., returns a host of documents that have been filed with the SEC.
As expected, this company has no income, a minute negative free cash flow, a miserable EV/EBITDA, zero ROCI, zero ROA, a trading volume, on 14th March 2012, of 3,470,849, and a price of $1.38. It appears that before about December 2011, the price was in the range of 30¢ per share, which means that the share price has risen about 460% since this SCAM started.
- Damson SBID #4cf981fe10
- Posted 08/21/2014
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Company Statistics
- Complaint Against Titan Iron Ore Corp
- Complaints Filed: 1
- Reported Damages: $25,000.00
What is SBID?
SBID is a unique id code that identifies the user's computer and location. SBID is used to prevent fraudulent postings and help our community find users who create duplicate user accounts.