192 days ago·u/greednenvy·r/amcstock·bears_why_are_you_here·C
Yawn.
Directly from NWBO’s lawsuit…
3) Firsthand View of an Extensive Social Media Distortion Campaign
What’s one way to protect a significant naked, unreported or underreported short position in a company whose stock is largely held by retail? An unrelenting misinformation campaign. Enter an online stock message board like InvestorsHub (“IHub”) with thousands of different investment forums. IHub has approximately 8,800 message boards for US listed companies, 12,984 boards for the US OTC, 2,131 for Canadian companies and 917 message boards for other markets.\[48\] In total IHub has approximately 24,832 message boards.\[49\] Out of these nearly 25k message boards, NWBO is and has been for over a year, the #1 most read and posted on forum at IHub.\[50\] This isn’t just a one off. NWBO wasn’t the most posted on and viewed board for a single day, but nearly every single day, for years on end. On an average day, you can look at the NWBO IHub board and see the same regurgitated negative narratives often containing false and/or misleading information. These negative narratives are an attempt to drown out any positive discussion.
What does a typical IHub poster on NWBO’s message board look like? Let’s take a look at Exwannabe (“Ex”).\[51\] Ex started posting on NWBO’s message board in 2014 and is up to 12,183 posts as of writing this article. He posts on weekends, weekdays, and at all hours of the day. Ex has, on multiple occasions, pointed out that he owns no shares of the company. Ex’s posts are always negative, often misleading and sometimes downright false. Ex claims he has been on these boards for nearly nine years and 12,000+ posts because (1) he found the company interesting, (2) he finds the NWBO supporters disgusting, (3) he wants to set the record straight and (4) he loves watching a good train wreck.\[52\] Could this lone poster just be a white knight that decided to dedicate a large portion of his life to helping the poor retail that invested in NWBO without any financial incentive to himself or herself? Sure, it’s possible, but unlikely, given the very negative comments he has made about NWBO longs. Now, throw in another 20+ Exwannabes that post on the same NWBO forum using the same reasoning for posting. Are the poor NWBO retail investors the luckiest retail investor base on the planet with so many white knights at their disposal or is something else happening here? Enter Poor Man and his team of supposed white knights.
Who is Poor Man? Poor Man is an IHub alias born on October 30, 2015.\[53\] Poor Man, as of writing this article, has 7,546 posts on NWBO’s message board and 205 posts on USRM’s board.\[54\] USRM is the stock symbol for U.S. Stem Cell, Inc. This is important for later. Much like Ex, Poor Man has an overwhelmingly negative slant to his NWBO posts on IHub. In August of 2022 I engaged in a private conversation with Poor Man on IHub.\[55\] It was a colorful conversation.\[56\] At one point Poor Man wrote to me stating, “If you want to work for short sellers, let me know.”\[57\] Poor Man went on to state “I helped bring the stock price down and got them delisted. So I’ve already received my bonus. Everything else is just small change at 68 cents. 7 years ago this stock was $10…”.\[58\] Poor Man also said, “Even if my team doesn’t drive this to zero, we’ve already made a fortune!” (Figure 4).\[59\] Another relevant tidbit was where Poor Man stated, “My team has already received their bonuses for their work on this stock.”