Spammed Stock: CSUA
Here’s a stock spam I received for CSUA - Consumer Direct of America - on the OTCBB exchange:
Date:3/2/2006 22:30:26
Reply-To: csua5175@fumig.com
From: csua5175@fumig.com
Subject:CSUA enters into a letter of intent with OMDA Oil & Gas, Inc. for $450,000 acquisition.
February 28, 2006
Direct Investors
Current Price: $.15 Click Here for Updated Quote on CSUA.ob
CSUA Facts
Company Name: Consumer Direct of America
Website: www.cdofamerica.com
Ticker: CSUA
Exchange: OTCBB
52-Week Low: 0.04
52-Week high: 0.33
30 Day Average Volume: 289,765
About CSUA
Consumer Direct of America is a publicly traded company (OTCBB:CSUA). The company spent the past few years acquiring and growing its wholly owned subsidiary, Shearson Home Loans, Inc. CSUA successfully grew this division to employ over 300 people, 250 of whom are residential mortgage real estate brokerage professionals who closed loan volume of over $1 billion for the year ended December 31, 2004. This entity was recently acquired by Paragon Financial Corporation (OTCBB:PGNF) in a transaction valued at $16 million.
The company also recently announced that it has signed Letter of Intent with OMDA Oil & Gas, Inc. (Pink Sheets:OMOG) (www.omogoil.com) to acquire interest in a 1,116 Acre Fredericksburg Prospect located in Panola County TX. CSUA will be able to conduct its due diligence procedure in order to enter into a definitive agreement with OMDA. Under this agreement, CSUA would acquire up to 90% of OMDA’s 75% Working Interest (which translates into 56.25% of the net revenue interest) of the Panola Field Prospect. CSUA will pay OMDA Oil & Gas, Inc. one hundred and fifty thousand dollars ($150,000) in cash and the equivalent of three hundred thousand dollars ($300,000) of registered common stock for this interest. Consumer Direct expects that the agreement will be finalized promptly.
Detailed information concerning this oil and gas lease can be viewed directly at the OMDA web site at http://www.omogoil.com/projects.html. This site includes the prospect overview, geology & history, field development, reserves & economics, and pipeline & markets.
Reasons to buy CSUA
* CSUA stock price has more than doubled in the last month.
* Company Just announced 16 million dollar merger with Paragon Financial Group.
* Entering into letter of intent with OMDA Oil & Gas, Inc. for $450,000 acquisition.
Recent CSUA Press Release
Consumer Direct of America Announces Listing in Barron.s Weekly Financial Publication
LAS VEGAS, Feb 28, 2006 — Consumer Direct of America (OTCBB:CSUA), announced today that it will be featured in the “Current Corporate Reports” section of Barron’s weekly financial publication. The company will use this space to announce their recent letter of intent with OMDA Oil and Gas, Inc. (OTCPK:OMOG). The notice will run in the Saturday March 4th edition.
Barron’s weekly publication reaches over 300,000 readers every week. It has been considered one the nation’s top business journals for the past 85 years, and its target audience consists of sophisticated investors, as well as some of the country.s top business leaders. Currently, the average Barron reader holds a personal portfolio valued at over 2 million dollars.