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  • Report:  #1251652

Complaint Review: Paul S. Lipschutz

Paul S. Lipschutz WaterPure International Paul S. Lipschutz runs a stock pump and dump scam disguised as a legitimate water purification equipment company. Plymouth Meeting Pennsylvania

  • Reported By:
    Leonard — Wilmington North Carolina USA
  • Submitted:
    Sat, August 29, 2015
  • Updated:
    Wed, April 26, 2017

Paul S. Lipschutz is the CEO of WaterPure International, Inc.  The company describes itself as a development stage company, that manufactures and markets atmospheric water generators (AWG) for home/small office use and office or commercial use. Its AWG harvests drinking water from ambient air. The company sells its products under the WaterPure brand name through a network of distributors in the United States, France, the United Arab Emirates, the Cayman Islands, Great Britain, Columbia, Costa Rica, and Mexico. The company was founded in 2005 and is based in Plymouth Meeting, Pennsylvania.

in reality this company nothing more than a front for a stock market pump and dump scam.

1 Updates & Rebuttals


Paul

Plymouth Meeting,
Pennsylvania,
USA

Ridiculous Claim

#2REBUTTAL Individual responds

Wed, April 26, 2017

WaterPure Int'l was a "fully reporting" Public Company.  All financials were audited and filed with the SEC.

 

As a CEO of several public companies before WaterPure, I have never had any SEC violation against me.

No criminal record.     The person filing the report may have been a "shorter" trying to bring down the price of the stock.

 

That is not unheard of.

 

Thank you.

 

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