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Monday, January 9, 2012

Pump and Dump failure

Hey everyone. I had to take off a few days with a kidney infection but Im back as good as new. So did anyone catch the pump and dump failure of BRKM on thursday? After the big hype a certain flailing promoter put out on tuesday about preventing a big gap up by not announcing the ticker until after the bell opened, they postponed the ticker announcement until thursday and then proceeded to start pumping it on wednesday evening prior to thursdays open. The stock gapped up 17% then started a day long free fall that never recovered. Now if you got caught up in the hype and was left holding the bag, heres the negative due diligence that I uncovered with a little bit of digging:


according to this map its a vacant lot???

http://www.loopnet.com/Property-Record/1560-N-Maple-Street-Corona-CA-92880/Yfb5Kim2g/Maps/

according to google the closest address to be found is 1260  and if you follow it down, 1557 is the last on the street

this site lists it as an automotive place:  yellow pages
http://yellowpages.superpages.com/bp/Corona-CA/Automotive-Appearance-Specialists-L2189463242.htm

this one lists it as the content company
http://www.merchantcircle.com/business/The.Contents.Company.951-371-8106

Categories: Home & Garden | Home Repair & Improvement | Fire & Water Damage
Tags: building, restoration, preservation, corona,

http://start.cortera.com/company/research/k3m7qvr0s/r--j-leathercraft/

must be an office space but known the less

maybe frontloading?





Stock and Tier: BRKM  QB per otc



does the company have a stockchart available?:
yes

http://www.nasdaq.com/
what is this stocks record volume:

04/29/20110.10.220.090.152,228,041


avg daily volume: 108k

52 week high volume:  

04/29/20110.10.220.090.152,228,041


Apr 29, 2011HAYDEN STEVE
Beneficial Owner (10%)
directSell0.0951,018,841

http://www.otcmarkets.com/stock/BRKM/insider-transactions

half of days volume was this guy selling
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7909547

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64180462
Steve Hayden is involved in this, that means its not going to go good for the investor once he gets out. I notice BRKM has Extreme Biodiesel, a former part of Envirotek. That was a bad company then, and it is now. They are actually re releasing old ENTK press as new BRKM press.
june 2011

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68483438&txt2find=entk
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67138322&txt2find=entk

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64259821&txt2find=steve|hayden
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64180610&txt2find=steve|hayden
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64180321&txt2find=steve|hayden

http://hot-news.posterous.com/?tag=entkpk



52 week low:
12/12/20110.010.010.0070.0099144,000



has this stock been promoted? http://newsletter.hotstocked.com/stocks

http://newsletter.hotstocked.com/stocks/view
http://newsletter.hotstocked.com/stocks/view/BRKM-BOOKMERGE-TECHNOLOGY
last promoted in june
was .22 in may when promoted and ran down ever since



BRKM turns trash into fuel for 840% revenue growth!Jun 22, 2011 08:10    BRKM Announces 840% Increase in Revenue for Q4 2011, After 400% Revenue Jump Previously Announced for Q1 2011! Extreme Biodiesel is a wholly-owned Corona, California-based Bookmerge Technology, Inc subsidiary involved with the development, marketing, and commercialization of bulk bio-diesel fuel, personal biodiesel processors, and related products. Extreme Biodiesel currently operates primarily in the state of California, but provides ...read more

Promoter:
Paying Party:

Stocks covered:
Compensation:
Avg $ Volume for Period:
$15,000
49,803
Max Profit: 3.78 %
Gain at close: -0.67 %

(YOU) Must read before 10PM - Doubting Me Could Cost Ya HugeJun 15, 2011 20:48Research Driven InvestorBy David Cohen 6/15/2011 Why RDI? David Cohen, Editor and  Publisher of the Research Driven Investor, now ranked as one of the top five performing micro-cap  investment newsletters in America from 2003 to 2009. David Cohen reveals penny stocks with: proven management teams, increasing market share, ballooning revenues,low debt loads, improving financial ratios ...read more


Stocks covered:
Compensation:
Avg $ Volume for Period:
$40,000
UNKNOWN
Max Profit: 7.14 %
Gain at close: 7.14 %

BRKM Can It Triple - (Open Fast)Jun 15, 2011 16:07Research Driven InvestorBy David Cohen 6/15/2011 Why RDI? David Cohen, Editor and  Publisher of the Research Driven Investor, now ranked as one of the top five performing micro-cap  investment newsletters in America from 2003 to 2009. David Cohen reveals penny stocks with: proven management teams, increasing market share, ballooning revenues,low debt loads, improving financial ratios ...read more


Stocks covered:
Compensation:
Avg $ Volume for Period:
$40,000
64,037
Max Profit: 7.14 %
Gain at close: 7.14 %

Past History Shows BRKM Has Explosive Potential!May 20, 2011 07:32    BookMerge Technology, Inc. - BRKM Past History Shows BRKM Has Explosive Potential! BRKM is an alternative fuel and recycling company whose mission is to provide a cost effective, high quality alternative diesel fuel, create Green Jobs, reduce the environmental impact of fossil fuels and diminish U.S. reliance on foreign oil. This mission statement has so much good stuff in it I don’t ...read more

Promoter:
Paying Party:

Stocks covered:
Compensation:
Avg $ Volume for Period:
$7,500
24,387
Max Profit: 0.06 %
Gain at close: -6.19 %

Past History Shows BRKM Has Explosive Potential!May 20, 2011 07:22  BookMerge Technology, Inc. - BRKM  Past History Shows BRKM Has Explosive Potential! BRKM is an alternative fuel and recycling company whose mission is to provide a cost effective, high quality alternative diesel fuel, create Green Jobs, reduce the environmental impact of fossil fuels and diminish U.S. reliance on foreign oil. This mission statement has so much good stuff in it I don’t ...read more

Promoter:
Paying Party:

Stocks covered:
Compensation:
Avg $ Volume for Period:
$7,500
24,387
Max Profit: 0.06 %
Gain at close: -6.19 %

Mybestpicksever - TRDX,BRKM,AEFI,SOLU,SOPV updateFeb 09, 2011 13:49Hello members, Here is our update for the 5 Power plays we suggested 3 days ago for your review, and as you can see we SMOKED IT AGAIN!  All made money except BRKM the jury is still out on that one..   We believe in providing our members with WINNING penny picks. Congratulations to all of our subscribers who have received our free newsletter and have invested in our picks, get ready for yet another great play comming your way real soon ...read more

Promoter:
Paying Party:

Stocks covered:
Compensation:
Avg $ Volume for Period:
Unknown compensation
UNKNOWN
Max Profit: 8.33 %
Gain at close: 0.00 %
Unknown compensation
UNKNOWN
Max Profit: 8.33 %
Gain at close: 0.00 %
Unknown compensation
UNKNOWN
Max Profit: 8.33 %
Gain at close: 0.00 %
Unknown compensation
UNKNOWN
Max Profit: 8.33 %
Gain at close: 0.00 %

Mybestpicksever - BRKM our Biodiesel playFeb 07, 2011 08:43Hello members,     The Green sector is Hot and we have found a company that is ready to emerge as a leader in an industry and location that is ready to explode!!!!!!!!!!!!!!!  The biodiesel sector is heating up again, especially with current legislation extending tax credits and subsidizing costs of up to $1.00 a gallon.        BookMerge Technology (BRKM) is an alternative fuel and recycling company. The company's ...read more

Promoter:
Paying Party:

Stocks covered:
Compensation:
Avg $ Volume for Period:
Unknown compensation
UNKNOWN
Max Profit: 8.33 %
Gain at close: 0.00 %





http://www.otcmarkets.com




business description
BookMerge Technology is an alternative fuel and recycling company. Our mission is to provide a cost-effective, high-quality alternative diesel fuel, create "green" jobs, reduce the environmental impact of fossil fuels and diminish US reliance on foreign oil. On November 29, 2010 BookMerge aquired ExtremeGreen Technologies, Inc. dba Extreme Biodiesel to fulfill that mission. Extreme Biodiesel is a fully licensed and permitted Biodiesel producer operating in Corona, CA. Our facility has been an operating since January 2008, producing Biodiesel fuel (diesel fuel made from waste vegetable we collect), manufacturing personal biodiesel processors, and the recently added restaurant brown grease recycling service.

The correct float from the transfer agent is:
23,373,500 per Lucy



BRKM Security Details
Share Structure
Market Value1$2,513,247a/o Jan 03, 2012
Shares Outstanding114,238,500a/o Sep 30, 2011
Float13,373,000a/o Dec 01, 2010
Authorized Shares200,000,000a/o Dec 01, 2010
Par Value0.001


Shareholders
Shareholders of Record102a/o Oct 06, 2011


Corporate Actions
Ex. DateRecord DatePay Date
Dividend (0.00)Feb 26, 2010Feb 25, 2010Feb 25, 2010

Security Notes
  • Capital Change=shs increased by 7 for 1 split. Ex-date=02/26/2010. Rec date=02/25/2010. Pay date=02/25/2010.

Short Selling Data
Short Interest0 (-100%)
Jul 29, 2011
Significant Failures to DeliverNo

Transfer Agent(s)



Financial Reporting/Disclosure
Reporting StatusU.S. Reporting: SEC Filer
Audited FinancialsNot Available
Latest ReportNot Available
Regulatory AgencyNot Available
CIK0001440280
Fiscal Year End6/30
OTC Market TierOTCQB

Profile Data
SIC - Industry Classification3433 - Heating equipment, except electric
Business StatusDevelopment Stage Company a/o Dec 01, 2010
Incorporated In:NV, USA
Year of Inc.2007
Employees3 a/o Dec 01, 2010

Company Officers
Richard B. CarterPresident, CEO, CFO
Joe SpadaforeCorporate Secretary

Company Directors
Richard B. Carter
Joe Spadafore

Company Notes
  • Formerly=Bigwest Environmental Inc. until 2-2010

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8274281

The aggregate market value of the registrant’s $0.001 par value common equity held by non-affiliates of the registrant was $1,325,859; this is based upon the last trade of the common stock at $0.35 on October 18, 2010. The Registrant had outstanding 80,090,500 shares of Common Stock.

As of October 25, 2010 there were 80,090,500 common shares par value $0.001 issued and outstanding.
(horribly outdated)

OTC Disclosure last 10Q reported ___ period ending ___
On October 7, 2010 the Company, as Book Merge Technology, Inc, (BMT), entered into a plan of reorganization with a private company, Extreme Green Technologies Inc. (EGT).  A reverse merger was effected on October 11, 2010, wherein BMT, (then a shell), was the surviving company and legal acquirer whereas EGT was the operating company.  Accordingly, operations of the entity are reported as those of the original EGT, the operating company.  BMT subsequently changed its name to Extreme Green Technologies, Inc., on August 12, 2011.

why hasnt it been updated anywhere???

a hole
Employees3 a/o Dec 01, 2010

weeeeeeeeeeeee

line 10 of 10Q
The Company has potentially dilutive securities outstanding as of September 30, 2011 in the form of convertible debt.  However the conversion would be anti dilutive, since the Company is in a loss position, and was therefore not considered in the calculation of earnings per share.

The following is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations for the three months ended September 30, 2011 and 2010:

Capital Structure

Common Stock

On September 1, 2011, 10,000,000 shares of common stock were issued in reducing the deferred investment loans by $10,000.

As at September 30, 2011 the Company was authorized to issue 200,000,000 common shares, of which 114,238,500 were issued and outstanding at September 30, 2011 and 80,090,500 at September 30, 2010.

Shareholders of Record 235 a/o Nov 15, 2011


Before You Invest - Investigate! Always do your own due diligence[/b]
A critical part of the due diligence: Please be aware, that upon completion of in-depth due diligence there is still a risk factor in all forms of investing.

Please note not all company websites are updated on a regular basis so you should use additional content sources to ensure accuracy.

Resources used in this post: otcmarket.com, www.bloomberg.com, www.finance.yahoo.com, __ website

The promoter didnt even have the correct information about the share structure and float which I easily obtained by contacting the transfer agent. I highlighted one of my number one red flags in the comapany description which is...... Our mission is to..... which means we arent really doing anything but we want to..... The last promotion this company had one of the owners accounted for 50% of the stock sold during the promotion.... Can you say DILUTION? On a sinking ship, the first ones to jump off are the RATS. The float the promoter listed was a mere 10 million less than the actual float which is a pretty significant difference when trying to attract investors. What I am getting at again is.... dont trust every alert or shined up due diligence piece you see. Scrutinize it yourself and see the differences in the actual due diligence and what the promoter is putting out. Dont buy the smoke and mirrors! Until tomorrow have an awesome day!


I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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