Bizzingo Doug Toth, Nick Thompson, Gordon Brent Pierce Fraudulent Pump and Dump Securities Fraud Internet
Bizzingo and their owners, officers and consultants are apparently involved in another pump and dump fraud. Doug Toth, the CEO of Bizzingo, Nick (Nicholas) Thompson, an owner and paid consultant and a major owner Gordon Brent Pierce of Canada have been involved in a classic pump and dump scheme with Bizzingo ticker symbol bizz for close to a year now.
The fraud is not the first time these individuals have been involved with securities complaints. Google Nick Thompson fraud, Gordon Brent Pierce and Doug Toth SEC. Gordon Brent Pierce is currently under investigation for years of this behavior. Nick (Nicholas) Thompson is barred from transactions with broker dealers. Nick Thompson has been working with brokers on all of the finances with Bizzingo through his old time buddy Willam (Bill) Schloth.
There are a group of investors that have been burned by the recent pump and dump activities of Bizzingo and their group. We expect a major class action suit to be filed shortly with complaints to FINRA and the SEC.
We will keep you informed as to the progress on this case and plan to spread the word to bloggers covering securities fraud all over the Internet to protect future victims.
2 Updates & Rebuttals
Another Sucker Here
United States of AmericaTime to Bring in the FEDS!!!
#3UPDATE Employee
Tue, May 01, 2012
Time to stop these crooks before their scam kicks into high gear.
Report Your Information on this SCAM to the SEC:
http://www.sec.gov/whistleblower
While the Bizzingo boys will end up in jail with their stolen millions hidden ofshore, there will be some deep pockets to go after AND THE SEC WILL PAY REWARDS.
Brean Murray, Carret & Co have deep pockets AND are complicit in this SCAM. They are actively assisting BIZZINGO in stealing millions from investors. Let's bring these criminals to justice!!!
Angry Former Client
USAGordon Brent Pierce Pump and Dump
#3UPDATE EX-employee responds
Sun, April 22, 2012
Oh joy! Go here to check out the website of Gordon Brent Pierce, (www.gordonbrentpierce.com) who describes himself as a "no nonsense" business guy with a "hands-on" approach. Sadly, his concept on hands-on is much more about getting his hands on your money, because this scumbag liar is the same guy that's been banned by the Canadian authorities from the stock market, fined $2.9m by the US SEC for his pump and dump scam activities in US OTC stocks and now also has a $7m fine hanging out his tush, also from the SEC and also for pumping and dumping stocks.
Gordon Brent Pierce is a scumball of the worst type, a shark that preys on the innocent greenhorns of the market, rips them off and screws them into the ground, then leaves with their money in his pocket. He's still at his disgusting games too, as we recently witnessed with the shameless pumping and dumping of his vehicle Mercer Gold (MRGP.ob), a bullshit gold junior in Colombia he couldn't run himself due to his multitude of convictions, so he got it headed up by trainee scamster Rahim Jivraj, the whole thing that we at IKN exposed. To see Gordon brent Pierce promoting himself in this way is a joke, but it's probably due to the fact that he's had to put his house on the market recently in order to pay his fines, else face jailtime (at long last).
Now Bizzingo (BIZZ.ob) is his latest scam. Classic pump and dump stock fraud. No revenues, constant stream of press releases that are full of lies, they grabbed Joe Theismann for credibility (poor Joe probably has no idea), and they have huge overhead and mangement salaries. This company is in the business of pumping stock and selling it to finance their own lifestyles. Not to mention the cut they get off the shares Gordon is selling through his offshore entities. Bernie Madoff would be proud.