Current Status

This blog is not frequently updated because most case-by-case scam reports are now listed in subordinate blogs. At this point in time, most of my efforts are targeted at documenting employment scams in the Suckers Wanted blog.

2005-07-22

Pump and Dump: CDGT again

Our old friend CDGT is back again. Three instances: from 60.179.68.52 on Thu, 21 Jul 2005 06:13:38 -0000; from 59.38.213.27 on Thu, 21 Jul 2005 07:39:34 -0000; and from 60.0.121.77 on Wed, 20 Jul 2005 21:04:24 -0000. Full text of one follows -- all three appeared identical at a glance.

IT'S STILL NOT TOO LATE! 


TRADING ALERT!!! 


Timing  is everything!!! 


Profits of 200-400% EXPECTED TRADING 


SYMB0L:         CDGT.OB 
Opening Price:  3.20 


Yes, it is MOVING, Thursday could be even BIGGER!!! 


10 Day Target: $7-$8 


News Alert! 


****PRESS RELEASE********PRESS RELEASE********PRESS RELEASE**** 
Press Release Source: China Digital Media Corporation 


China Digital Media Corporation Announces an Acquisition of a Media and 
Advertising Agent in China 


HONG KONG, July 13 /Xinhua-PRNewswire/ -- China Digital Media 
Corporation 
("Digimedia") (OTC:CDGT.OB; OTC Bulletin Board: CDGT.OB) with its 
subsidiaries 
(together the "Group") announced today that the Group signed a Shares 
Transfer Agreement (the "Agreement") to acquire an advertising sales 
agent, Guangdong M-Rider Media Company Limited ("Guangdong M-Rider"), a limited 
company registered in Guangdong in the Peoples Republic of China.  The 
principal operating activities of Guangdong M-Rider are in design, 
production and distribution of advertisements through television 
channels. Guangdong M-Rider is one of the top five reputed advertising agents in 
the Guangdong province and is currently a sole advertising distributor for a 
number of television channels in Guangdong Province and in Guangzhou city. 
Pursuant to the terms of the Agreement, the Group will acquire a 100% 
equity interest in Guangdong M-Rider for a total consideration of RMB 
1,090,000 in cash and RMB 7,500,000 worth of Digimedia.s restricted 
common shares. The management of Guangdong M-Rider in the Agreement warrants 
that the net operating cash inflow in the first year will not be less than 
RMB 10,000,000. 


CDGT.OB is expecting to make an acquisition, once this announcement 
comes out the street should give applause in the form of upward movement
 in the ST0CK price. The ST0CK could trade around $6-$8 per share on this
 type of news. 
GET IN NOW!!! You know the old saying, buy on the rumor and sell on the 
news. Once the news is out it is time to get ready for next valley. 


A $1,000 dollar investment could yield a $5,000 dollar profit in 
just one trade if you trade out at the top. CDGT.OB should be one of the 
most profitable ST0CKs to trade this year. In this range the ST0CK has 
potential to move in either direction in bigs wings. This means you 
should be able to buy at the lows and sell at the highs for months to 
come. 


YOU COULD MAKE $$$THOUSANDS OF DOLLARS$$$ TRADING. 
CDGT.OB OVER AND OVER AGAIN. 


CDGT.OB is also on The REG SHO Threshold list, This means someone is 
short the ST0CK. Any significant volume spike in CHMS could yield drastic
 results. If the people that are short have to cover, they will be buying the 
shares from you at higher prices. This makes this ST0CK a TRIPLE PLAY for 
profits. 


For pennies you can participate in a ST0CK that could yield results over 
and over again just based on the trading patterns if the company is 
able to effectuate it's business model. 


WATCH OUT!!! 
We could see a GREAT STORY IN THE MAKING. 


GOOD LUCK AND TRADE OUT AT THE TOP!!!! 

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