Friday, April 1, 2011

April Fool!

Here's the joke:

LIMA, PERU--(Marketwire - April 1, 2011) - GoldSands Development (OTCBB:GSDC - News) announces that the Company's name has been changed from Constitution Mining Corp. (Old Symbol: (OTCBB:CMIN - News)) to GoldSands Development Company. Effective tomorrow the company's new trading symbol on the OTCBB is (GSDC.OB) and GoldSands Development Company new website is located at
With the new name, the company wants to express an expansion of its focus to assist with the development of the entire region where the company is working in Peru. Our company is working towards building trust and sustaining yada yada continues here

And here's what we wrote about it in this IKN post on March 3rd (my, doesn't four weeks fly fast?).

The scam we know as Constitution Mining (CMIN.ob) is helpfully changing its name to 'Goldsands Development Company' soon

Q: What does the chart of a bullshit OTC pump'n'dump scam look like? 
A: It looks like this.

The upcoming name change got filed with the SEC yesterday, check it out here. "But why is this a helpful turn of events Otto?", I hear you ask. Well folks, that's because with a name that clear it's even easier to avoid this scam on reading today's headlines out of Peru:

Government Will Today Send Law Bill to Congress Against Gold Dredgers in The Amazon Basin
Thursday, March 3 2011, 7:02am

The Government will today send a Bill to Peru's Congress that will definitively prohibit the working of dredgers in all Amazon basin rivers.

In this way, the initiative girst reported by CPN Noticias on Monday and approved by the ministerial cabinet, wil be analyzed and sanctioned as quickly as possible so that the decommissioning of all dredging mahcines has a legal recourse.

The dredgers are considered to be one of the main causes of environmental deterioration in the jungle region and are located in the River Negro, Ullapichi, in the Pachitea basin Tahuayo, in Loreto, Atalaya in the MaraƱon river and Napo rover in Putumayo. CONTINUES HERE

Don't say I didn't tell you. And tell you and tell you and tell you........... Anyway, it's the death throes of another scam. Remember the bullshit that Michael Stocker, his greedy Swiss cronies, the scumball Joe Gorman and their band of delinquents foisted on you all the next time the names come up, won't you?