written by reader Biozoom

By Anonymous Questions, June 24, 2013

Any info/opinions on Biozoom, Inc. (BIZM:OTCBB)

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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davidshelton
7 years ago

This writer from SA seems to be very good with his calls since I started following him 8 months ago. He seems to research his ideas very thoroughly and he’s very negative on Biozoom. http://seekingalpha.com/article/1517382-biozoom-current-shareholders-likely-victims-of-an-illegal-stock-promotion-scam
“If you own shares of Biozoom, SELL THEM NOW. You are very likely being scammed by a notorious fugitive stock promoter who has managed to walk away with millions while hapless retail investors were left holding the bag. It is very likely that once the SEC gets wind of what is going on here, trading will be halted and shares become worthless.

Remember: the company has no cash, has a net debt position, no revenue, and no material tangible assets to speak of.

Get out of this stock before you lose your entire investment.”

I would do further research but I consider this to be quite the red flag….

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Louise
Louise
7 years ago
Reply to  davidshelton

Wow! This is fascinating. Normally I wouldn’t bother following up on anything in the pink sheets, but Biozoom was covered in five pages in Global Financial Insight with heavy reference to connections with Carl Zeiss and Vodaphone. The device they’ve got is a medical scanner that is supposed to do everything. The Motley Fool never heard of them.

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Ray
Ray
7 years ago

I am one of the thousands of suckers who bought into the idea of a handheld scanner that can accurately measure physiological health factors including blood sugar, anti-oxidants and vitamin evens, Wow, what a development! Little did I bother looking into the company’s standing or finances. Biozoom’s president Hoescnitzel mentioned the company’s many patents so, to my chagrin, I didn’t question the existence of these.

But now the only way the company can save it ass from plummeting to zero as July 9th approaches– that’s the day BIZMresumes trading–is to disclose the patents to the public.
The SEC is also gunning after the company’s sales.

The top officers will be caught and punished and so will the supporting co-schemers.

Ray

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geoff
geoff
7 years ago

I just hope bizm Isnt the tip of the fraud iceberg.
Hotshot markets like these uncover some pretty nasty scams
when the Turk comes to call. Lookout below fellas..This is
starting to resemble 1987.

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