Article: Pingify (PGFY) – Statements By Pingify’s CEO Omit Material Facts

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Pingify (PGFY) – Statements By Pingify’s CEO Omit Material Facts

GeoTeam, 08 May 2014

On the morning of May 6, 2014, we published a pump and dump investor alert about Pingify (OTCQB:PGFY) for GeoInvesting premium members: The company went public through a self-directed IPO, where the CEO received 25 million shares at a cost basis of $0.001 ($150,000). The company is touting its product as a lead generation tool to match buyers and sellers. As an example, here is an excerpt from its 2013 10-K. Continue reading “Article: Pingify (PGFY) – Statements By Pingify’s CEO Omit Material Facts”

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