Topic: [PRE IPO] McWhortle Enterprises, Inc. (Read 1707 times)

Pre-IPO Investment Oversubscribed!

McWhortle Enterprises has had to stop accepting investors for Stage 1 of its Pre-IPO investment after the program was over-subscribed by nearly 200%. Because of the enormous demand, we will, for a very limited time, accept new investors into this program.

The Stage 2 share price means that current investors have already made an average 217% annualized profit! (Dividends have been excluded from that calculation.)

Bidding is now accepted for Stage 2 of the McWhortle Enterprises Pre-IPO offering. Estimated share value is approximately $10, which will, upon conclusion of the IPO offering in three (3) months, be worth more than 400 times the initial investment. To bid on these shares, you must quickly e-mail us the number of shares you wish to purchase, together with your major credit card number and social security number (for identification) so we can reserve your slot.

Bids are time stamped by date/hour/minute/second of receipt. When you are ready to buy, click here.

Wow! When I saw that picture the fake logo immediately popped up! The Securities and Exchange Commission (SEC) can't even get someone to photoshop that accurately?!?! Geez!

NEW YORK — The U.S. government is trying to save investors from themselves. The Securities and Exchange Commission (SEC) created a fake scam Web site to warn investors about real con artists trying to tempt them to cash in on consumers' terrorism fears.
The site, mcwhortle.com, pitches investors a fictional company called "McWhortle Enterprises." It's eerily similar to real frauds popping up all over the Web in the post-Sept. 11 environment.

The make-believe company supposedly has the better mousetrap for the war on terror: the "Bio-Hazard Alert Detector." The handheld gizmo "emits an audible beep and flashes in the presence of all known biohazards" and is small enough to "slip into a woman's purse or a child's backpack," says the site.

Best of all, investors are told, they can get in on McWhortle's "pre-approved" initial public offering that promises to boost their investment "400 times" within three months. Rounding out the site are phony press releases and testimonials from Wall Street analysts, CEOs and customers. But surfers eventually hit this page: "Watch Out. If you responded to an investment idea like this, you could get scammed."

The site, launched in January, is a success, says Susan Wyderko, director of the SEC's office of investor education and assistance. McWhortle has had more than two million hits, and many consumers say it helped them avoid real con artists.

The problem? "We got calls and e-mails from people who were serious about investing," says Wyderko. The site is loaded with telltale signs of investment fraud, such as bogus terms like "pre-approved IPOs." But hundreds of consumers sent investment inquiries — and some even sent their bank account numbers.

Even scarier: The mock site cost the SEC only $50 to put up. Staffers wrote the copy in their spare time. "It's very easy and very cheap to put up a nice-looking Web site," says Wyderko. Emboldened by McWhortle, the SEC is posting more scam sites to warn about other types of scams promising unbelievable returns. The bottom line: Investors should do their homework, warns the SEC. Make sure the company exists and its products are genuine. Check if it's registered with the SEC on the Edgar database. If not, check with state securities regulators. "Our message is be very careful and investigate thoroughly before you spend your hard-earned money," says Wyderko.

Where is the McWhortle moniker from? Wyderko made it up after reading Dr. Seuss stories to her kids. The phony company's equally phony CEO, "Thomas James McWhortle III," is named for her son, Thomas.