Broadvision BVSN CNBC Lebed NIA

CNBC provided an update regarding the Lebed tout.

http://video.cnbc.com/gallery/?video=3000070810

The video regarding Broadvision starts at 1:57.

Broadvision stated in their conference call that they were in their quiet period, and couldn't explain why their stock had its irregular trading action. However, Broadvision didn't even send a note to CNBC regarding this. Unless Broadvision refutes this, Broadvision needs to continue to address this recent pump.

The issue with Broadvision at this point is that its destiny is tied to a penny stock promoter, Lebed, and NIA. Trust companies that grow their business and have a path to become profitable. Broadvision's revenue for the past decade has continued to decline.

The recent touting by Lebed only further damages Broadvison's reputation. After having the Wall Street community leave in droves since 2005 due to a lack of interest, and further declines in its business model, Lebed has chose this as his top pick for this year (probably due to its light float and the lack of coverage). The lack of coverage is more troubling than anything because Lebed has misinformed investors regarding Broadvision.

The NIA has stated its interest:

NIA currently owns 145,000 shares of BVSN. NIA agreed to a 60 day holding period on its initial position of 122,000 shares starting from the date that NIA first suggested the company, but NIA intends to sell these 122,000 shares at some point in the future after the date of February 12th, 2012. NIA intends to sell its additional 23,000 shares of BVSN and can sell them at any time. NIA reserves the right to accumulate additional shares of BVSN at any time. NIA's co-founders
have also been referred business in the past from somebody who has filed as a large BVSN shareholder. Past performance is not an indicator of future returns.

Look for future volatility depending on the misinformation that Lebed, and NIA continues to provide to its investors. Please look at prior posts regarding this misinformation.

Lebed mPhase Technologies XDSL.OB

Lebed, famous for recently pumping Broadvision BVSN has also touted other stocks in the past.

One from the prior year was also touted by him as one of his top picks. That pick is mPhase Technologies. Around .60 he had touted this stock as the next big riser due to its patents.

When the pump doesn't work or has fulfilled Lebed obligation to their own stake and to their third party the stock craters.

Such as mPhase which is currently trading at $0.002. You wouldn't be able to cash a penny off of this stock because it is nearly worthless.

Here's an interesting article about Lebed and his prior top pump and dump:

http://www.collegestock.com/blog/jonathan-lebed-and-ron-durando-are-two-of-a-kind/

This leads to question the intention of Lebed, and his other site in which he has an interest in, the NIA, National Inflation Association. Don't get caught in the tout of stocks such as Broadvision. The recent quarterly release speaks for itself.

National Inflation Association NIA pump and dump

Speaking in context of Broadvision, here's an additional video by Peter Schiff detailing the operations of the NIA (National Inflation Association).

http://www.youtube.com/watch?v=XYOclEsKHtc

Jonathan Lebed: Stock Manipulator, S.E.C. Nemesis -- and 15

Here's an interesting read by Michael Lewis regarding Jonathan Lebed who is currently touting stocks over the Internet.

http://www.nytimes.com/2001/02/25/magazine/25STOCK-TRADER.html

Lebed NIA Pump And Dump Broadvision BVSN

Revisiting equities recently I've discovered Lebed and it's recent pump and dump scam. Recently Lebed and the NIA (National Inflation Association) have been touting the great business of Broadvision. Unfournately, Lebed has touted countless equities and has had issues with the SEC.

Peter Schiff a well respected member in the investing community who has interest in the firm EuroCapital states that Lebed and the NIA misrepresent the companies that they tout.

Here are two videos that explain this:

http://www.youtube.com/watch?v=e8M7Q9T4NfI

http://www.youtube.com/watch?v=nZItpZ0TWXk

A follow-up post will expand on the pump and dump with Lebed and the NIA. Proceed with extreme caution with Broadvision. Broadvision has lost investors over 98% of its original asset over the course of Broadvision's history if you were to cash out within this past week.