David Briskie
This is a warning for people about David Briskie. He was convicted in 1996 of securities fraud and setenced to two years in prison.
He is now out of prison and has started his new scam, Javaluation Coffee a pink sheets listed public company.
The pink sheets is a notorious stock exchange and breeding ground for career criminals like David Briskie.
Read an SEC warning about pink sheets stock scams here: http://www.sec.gov/investor/pubs/microcapstock.htm
In my opinion, David Briskie's JCOF is what the SEC consider a "Classic Pump & Dump Scam":
The Classic "Pump and Dump" Scheme It's common to see messages posted on the Internet that urge readers to buy a stock quickly or to sell before the price goes down, or a telemarketer will call using the same sort of pitch. Often the promoters will claim to have "inside" information about an impending development or to use an "infallible" combination of economic and stock market data to pick stocks. In reality, they may be company insiders or paid promoters who stand to gain by selling their shares after the stock price is pumped up by the buying frenzy they create. Once these fraudsters sell their shares and stop hyping the stock, the price typically falls, and investors lose their money.
(From: http://www.sec.gov/investor/pubs/microcapstock.htm)
Undeniable Proof David Briskie's JCOF is a Fraud:
Read the above paragraph titled "The Classic "Pump and Dump" Scheme" It is a paragraph from an SEC warning page about how to spot a pump and dump.
Now take a look at the screenshot below:
In this screenshot is the Yahoo Finance message board for JCOF (Javaluation Coffee).
This is proof of David Briskie's fraud, since many usernames are all posting similar messages telling others to buy JCOF stock. Many are putting price targets on JCOF - A highly illegal practice used by stock criminals to "pump" stocks higher so that they can eventually "dump" their worthless shares earning millions of dollars for very little work or effort.
Notice there are some real people on the forum attempting to warn others about David Briskie's scam, using post titles like "JCOF is a fraud" "Stay away from JCOF".
Dave Briskie's Bio From the Web Site of JCOF:
Dave’s drive to excel was apparent early as he received many high school accolades including the coveted Paul DeLorenzo scholar-athlete award and in 1983 graduated magna cum laude from Fordham University with a double major in marketing and finance. He is the proud father of two talented daughters who currently attend universities in North Carolina. Beginning in 2007, Dave accepted the position of CEO of Javalution Coffee Company (JavaFit). He is energized to bring to JavaFit the experience he has garnered from an exciting and rewarding 18-year career with Drew Pearson Marketing, Inc. (DPM). Four years after he took over the sales effort, DPM’s growth rate was phenomenal, reaching $30 million in sales. During this time, The Dallas100 recognized and honored DPM as the 2nd fastest growing privately held entrepreneurial company. By 1996, DPM’s sales reached $70 million dollars and now have offices in Dallas, New York, Hong Kong and Minnesota. Dave’s team introduced the Drew Pearson brand to 15 European countries, Canada, Mexico, Latin America and Asia. Named CEO of both DPM and DPI in 1996, he is credited with negotiating multi-million dollar contracts and building relationships with a multitude of fortune 1000 companies including, Disney, Warner Bros, NFL, NBA, MLB, NHL, various major universities, Anheiser Bush and General Motors. In 2001, Dave orchestrated a merger of DPM and DPI with its key manufacturing partner, Mainland Headwear, and the merged company was taken public on the Hong Kong Stock Exchange. As part of the merger, Dave executed a five year employment contract, was a director of the Hong Kong Corporation, and remained as CEO of Drew Pearson Marketing through the conclusion of his agreement. Priding himself on building an amazing team that drove DPM and DPI to meet its goals, Dave’s passion is building businesses from start up, and stands ready to build another strong brand and profitable company with JavaFit.
