CHOP Apr 24 3.72 Check
INUV Apr 16 2.92 Check
UNXL Apr 10 7.31 Check
HRTX Apr 4 14.25 Check
MVIS Mar 23 4.02 Check
CRMD Mar 19 8.35 Check
RESN Mar 10 14.47 Check
ANTH Mar 9 6.16 Check
EYES Mar 2 17.66 Check
BLDP Feb 19 2.71 Check
ONDK Feb 11 17.51 Check
JMBA Feb 9 16.50 Check
MIFI Feb 9 5.47 Check
ZIOP Jan 16 8.23 Check
FRPT Dec 11 18.90 Check
RDCM Dec 3 10.36 Check
RCPT Nov 17 106.55 Check
URRE Nov 13 2.49 Check
PHMD Oct 29 4.16 Check
IBIO Oct 23 1.77 Check
VIMC Oct 23 9.64 Check
SZYM Oct 16 6.96 Check
AXDX Oct 14 27.38 Check
GLUU Oct 7 5.12 Check
MILL Sept 19 4.96 Check
DGLY Sept 16 20.65 Check
MNDL Aug 26 5.35 Check
FCEL Aug 20 2.76 Check
SYMX Aug 7 1.20 Check
ADES July 11 22.70 Check
TTGT June 19 8.19 Check
ANY.V May 28 9.42 Check
CYBX Apr 16 62.24 Check
OPTT Apr 4 4.19 Check
MDXG Mar 21 7.01 Check
AMRS Mar 7 4.85 Check
UNIS Feb 27 4.65 Check
PHMD Oct 17 15.49 Check
TXMD Feb 14 6.36 Check
SGMO Sept 19 11.21 Check
ZEN.V Sept 9 3.78 Check
XONE Aug 28 71.90 Check
TEAR Aug 1 14.40 Check
CNDO July 15 8.65 Check
RVLT July 2 4.03 Check
LOTE May 5 10.00 Check
LULU April 18 71.34 Check
PSSI Oct 3 23.00 Check
TNGO Aug 28 19.55 Check
MDVN May 31 $85.01 Check
JIVE May 3 $24.09 Check
SNPK April 3 $1.70 Check
QCOR Jan. 11 $41.54 Check
BRLI Nov. 1 $20.04 Check
PANL Oct. 3 $47.94 Check
GORO Aug. 23 $24.32 Check
MILL July 28 $7.04 Check
CIGX June 30 $4.51 Check
JAMN May 16 $5.17 Check
SWSH May 2 $8.77 Check
LEXG April 26 $4.02 Check
NOG March 21 $28.25 Check
VOG March 21 $5.02 Check
HNHI Feb. 17 $1.46 Check
IBIO Feb. 10 $5.17 Check
COUGF Feb. 1 $3.36 Check
LLEN Jan. 11 $10.27 Check
HHWW Dec. 23 $1.63 Check
CYDE Dec. 2 $3.29 Check
SMED Oct. 14 $5.87 Check
RMCP Sept. 21 $0.69 Check
INET Sept. 13 $10.66 Check
CLKZ Aug. 30 $0.53 Check
LQMT Aug. 19 $0.76 Check
LOCM Aug. 4 $6.12 Check
ESPH June 25 $1.49 Check
APOL June 15 $47.60 Check
BPI June 15 $19.63 Check
SILA May 27 $1.14 Check
FLPC May 27 $0.97 Check
AMEL May 27 $1.05 Check
STP May 17 $10.62 Check
BGBR April 26 $1.21 Check
NNLX April 16 $1.10 Check
CHTL April 9 $0.74 Check
AMLM March 25 $1.02 Check
LTUM March 25 $1.25 Check
TRGL March 11 $9.56 Check
TSHO Feb 24 $1.16 Check
CSKI Feb 19 $18.30 Check
GXDX Feb 15 $31.69 Check
JYHW Jan 19 $1.83 Check
AENY Jan 19 $4.51 Check
CLRH Dec 08 $1.35 Check
NXTH Dec 08 $2.28 Check
IMGG Nov 22 $1.39 Check
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Clean Energy Fuels: The Dirty Truth

by Sonya Colberg, Senior Editor, 5/5/2015 10:05:10 AM

That horrifying noise assaulting investors’ ears is the sound of Clean Energy Fuels (CLNE) braking and swerving in the middle of the highway.

TheStreetSweeper is convinced it’s time to get out of Clean’s path while we still can.

Enamored with clean energy, investors found it easy to buy into Clean on fourth quarter results showing a bump in revenue.  At first we, too, were almost charmed by the provider of natural gas – compressed (CNG) and liquefied (LNG) – for long-haul trucks, buses, taxis, etc.

But when we broke out our toolbox, we discovered a wreck that will remain too banged up to make the long haul. Investors may find other viewpoints here, as we highlight the top risks poised to run down Clean Energy shareholders.

*1. Look under the hood: financials

First, the bump in revenue to $132 million wasn’t really the outperformance many thought. Check page 16 of its federal filing and note where $28.4 million of revenue came from: “federal fuel tax credits” which “expired on December 31, 2014.” Plus, another $12 million came from another one-time gain – the sale of Clean’s interest in a Dallas biomethane plant.

Second, gross profit per gallon declined to $0.26. That’s 2 cents less than the quarter before and 5 cents less than the prior year.

Gross profit was expected to be $0.29, according to Piper Jaffray’s Alexander Potter and Winnie Dong – who called a $3.25 price target on Sunday, March 1, 2015. Clean had just closed at $6.01.  

“We are growing increasingly skeptical that this key metric can/will eventually rise,” analysts wrote of the gross profit.

Third, Clean’s adjusted EBITDA was not positive. It was actually negative at -$3.2 million.

Clean actually had a loss of $0.01, while firms like Raymond James were looking for positive earnings of $0.05.

The bull case accounts for a relatively strong balance sheet and that Clean should be able to reach positive cash flow.

But we strongly believe Clean’s financials should have sent investors racing …. For the exits.

*2. LNG bet goes up in smoke. Clean Energy has placed a bet that long-haul trucking would easily switch from diesel to liquefied natural gas. But that has not happened.

CHOP: Steel Companys Shares Ready For The Chopping Block

by Sonya Colberg, Senior Editor, 4/24/2015 9:51:35 AM

The future of a Chinese steel company teeters atop a pile of porcelain artwork.

Those fragile pieces are the latest elements straining to prop up China Gerui Advanced Materials Group (CHOP).

The company says it intends to eventually sell porcelain pieces in hopes of saving the steel business.

But the hammers are raised and threaten to shatter CHOP’s last-ditch efforts.

TheStreetSweeper highlights the cash burn, business shift, lawsuit allegations, and other issues that we believe make CHOP shares worth a couple of quarters or maybe even, as one analyst said, “zero.”

Meanwhile, investors may find other viewpoints here about the Chinese cold-rolled steel manufacturer. The company’s thin steel product – sometimes only as wide as a human hair – is sold to the Chinese food packaging, electrical appliances and construction materials industries.

CHOP has not yet responded to TheStreetSweeper’s request for an interview.

*Virtually no cash left

CHOP has been burning through a mountain of cash – about $240 million in three quarters or $80 million per quarter - the company now reports just $2.3 million of unrestricted cash and $50 million in restricted cash remaining. At the current unbelievable burn rate, CHOP must find more operating money soon.

*History of massive revenue decline, debt problems and recent cash-poor position

CHOP shares suddenly rocketed from 70 cents apiece to about $4, in opposition to the direction of the company’s cash and revenue.

The company’s revenue has been spiraling downward for some time, as shown in the company’s Securities and Exchange Commission filings:

  Filed Jan. 6, 2015:


Third Quarter 2014 Results Revenue decreased 90.0% to $3.1 million in the third quarter of 2014 from $30.9 million in the third quarter of 2013. Nine Months 2014 Results Revenue was $62.2 million in the first nine months of 2014 compared with $119.6 million in the first nine months of 2013…As of June 30, 2014, the Company had $3.0 million in unrestricted cash…


The company also posted a loss of $6 million in the third quarter. Noting its one-for-ten reverse stock split, the company blamed poor results on low steel prices, declining sales, credit problems, downtime of production lines, bank loan defaults and working capital shortages.  

 Filed Sept. 4, 2014:

Second Quarter Results Revenue decreased 24.1% to $32.7 million in the second quarter of 2014 from $43.1 million in the second quarter of 2013. Gross profit decreased 51.8% to $1.7 million in the second quarter of 2014 from $3.5 million in the same quarter of 2013.

Gross margin was 5.2% … Operating loss was $0.6 million…Net loss was $1.4 million.

 Filed May 20, 2014:


First Quarter Results Revenue decreased 42.0% to $26.4 million in the first quarter of 2014 from $45.6 million in the first quarter of 2013. Gross profit decreased 123.9% to ($1.2 million) in the first quarter of 2014 from $5.2 million in the same quarter of 2013.


The chart from Bloomberg below, presents a vivid image of CHOP’s perilous cash position, plummeting from about $200 million or more in the second quarter of 2012 through the first quarter last year, down to a few million in the second and third quarters of 2014:

JAMN Finally Spills the Beans -- And It's an Ugly Mess

by Janice Shell, 6/2/2011 10:32:51 AM

* Editor's Note: Readers can access links to additional backup documents for this story by clicking here for TheStreetSweeper's original investigative report on this company.

Late Tuesday afternoon, after missing earlier deadlines, Jammin Java (OTC: JAMN.OB) filed a long-awaited annual report packed with enough eye-opening news to keep investors up all night. That mandatory filing, unaccompanied with a cheerful press release heralding its arrival, served as a painful wake-up call to shareholders already burned by a rapid plunge in the company’s stock price.

To be sure, the 10-K offered investors little reason to sing. For starters, the filing reveals, this once-hot “coffee company” sells no coffee of its own at all. JAMN relies on a supplier based in frigid Canada – far away from the tropical Jamaican home of its co-founder Rohan Marley – to provide the company with an actual product to sell to its customers instead.

Back in April of 2010, JAMN inked a “supply and toll agreement” with Canterbury Coffee of British Columbia that gave it access to some brew. According to that agreement, JAMN relies on Canterbury to fulfill every role – save a minor one – normally satisfied by a firm that classifies itself as a coffee company. Canterbury purchases the coffee beans. It roasts them. And it then packages them in bags supplied by JAMN – the company’s only real product – for sale to the public.

JAMN signed this deal more than a year ago, right before Shane Whittle – a notorious Vancouver stock promoter – officially resigned as CEO of the company. But the company never mentioned that agreement, seemingly material enough to warrant at least a quiet 8-K report, in a single regulatory filing until now.   

Jammin Java (JAMN): Hot Stock ... Bitter Aftertaste?

by Janice Shell, 6/2/2011 10:30:25 AM

It’s time to wake up and smell the coffee! That’s exactly what Jammin Java (OTC: JAMN.OB), a heavily promotedcoffee company, and – for very different reasons – TheStreetSweeper would like investors to do.

Since the beginning of the year, JAMN has miraculously risen from the ashes of the “Grey Market” graveyard to become one of the liveliest – and richest – stocks in the entire microcap arena. JAMN has seen its stock shoot straight toward heaven, soaring from 55 cents to peak above $6 a share on massive daily volume, with its market value nowtopping $355 million despite the company’s limited resources and operating history. (As covered in more detail below, two of the Internet tout sheets pushing JAMN the hardest effectively vanished -- disabled by their Internet servers -- on the day the stock’s trading volume exploded past 20 million shares.) 

JAMN stands out for its powerful connections, the first loudly celebrated by the company and the second – involving a notorious stock promoter – carefully hidden from view.


CCME: Few Signs of Life at 'Healthy' Chinese Firm

by Roddy Boyd, 3/23/2011 9:30:34 AM

* Editor's Note: This story has been republished with permission from The Financial Investigator. To access the original article, complete with links to back-up documents, click here.

In the maze of thronged and narrow streets that makes up Fujian province’s capital city of Fuzhou, a deft driver, if he’s willing–as all Chinese drivers apparently are–to nearly kill or injure vast numbers of his countrymen can take you to the foot of Dongjie street. There was little reason to be there save for its having the headquarters of a company called China MediaExpress Holdings (Nasdaq: CCME), an enterprise that seems to be able to weather allegations about its business that would have forced the share price collapse of a company five times its size. The attention of bulls and bears is not misplaced: In a mere four years as a public company, it has apparently come to dominate the ad placement market for leading multinational consumer products companies on a network of what it claims is more than 27,000 buses on Chinese airport and intercity routes.

Also, and this cannot be understated, hanging out on a sidewalk in Fujian–the sidewalks double as parking spots when the streets, which appeared to have been designed in the Han Dynasty, fill up–was not a viable option. There was also the matter of the world-class headache the Financial Investigator was developing from Fuzhou’s diabolical smell, an epic conflation of poor sewage treatment, air pollution and the smell of cabbage that made getting the hell off Dongjie street a matter of vital importance.

The Financial Investigator and his traveling companion for the trip, an American investor with extensive experience in China, decided to head upstairs despite our interview with the CFO having been cancelled at the last minute (with no explanation given.) We thought a quick tour of the offices and meeting a few other executives might open our eyes to a few things.

It did.

Though the language barrier was a little steep with the young receptionist–when we asked for writing paper, she provided Kleenex–we were in short order shown to their conference room and told to wait. It did not escape notice that pride of place in the conference room belonged to a framed certificate of participation from the Fall 2010 Rodman & Renshaw conference, the World Cup for reverse merger companies and the pumpers and touts who peddle them.

Eventually chief operating officer James Yu came down and after spending 30 minutes trying to understand who we were, concluded that giving us a tour wouldn’t hurt. Soon enough, his colleague, Vinne Ye–the chairman’s assistant–came out and took us around.

It was most eye-opening.


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Investors must be properly armed in order to protect themselves against the dangers of Wall Street. To help out, The Street Sweeper has mined the Internet for the most powerful weapons available to investors researching publicly traded companies. In our “Loaded Weapons” section, you’ll find direct links to corporate documents filed with the SEC, conference call transcripts published by Seeking Alpha, insider stock sales tracked by and popular investment tools offered by Yahoo! Finance. You can also identify the promoters behind current penny stock campaigns – and the compensation they are receiving – by connecting to You can link to other websites that are conducting topnotch stock investigations as well. Click here now.

When investors begin their homework on small-cap companies - particularly on penny stocks - they should probably start with an important history lesson. Specifically, they should conduct background checks on their stockbrokers and the companies those brokers are touting.
The Street Sweeper has designed a cheat sheet of sorts to help out with this research. Our “Rap Sheet” section links to a free tool (sponsored by FINRA) that allows ordinary investors to review the backgrounds of individual stockbrokers and their brokerage firms. The section also links to whistleblower cases and class-action lawsuits targeting publicly traded companies. It provides access to recent news of SEC enforcement actions and FBI white-collar crime investigations as well.
click here now.