stock ticker: SOLD

Housevalues.com (NASDAQ:SOLD) :

A House of Value or a House of Cards ?

Two weeks ago, Stocklemon posted comments on Housevalues.com. We questioned the long term viability of Housevalues.com’s business model . because a huge amount of customer churn seems to be a core part of their business. Since that date, Stocklemon notes 2 new items of interest.

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stock ticker: SOLD

Housevalues.com (NASDAQ:SOLD) . could this be the next iMergent ???????

Last year Stocklemon presented to you Imergent, Inc. (AMEX:IIG) in a series of reports. Beyond the fuzzy accounting, related party transactions, and poor management, what really attracted Stocklemon to Imergent was an unsustainable business model that churns through hopeful sales prospects and leaves a trail littered with complaints from resentful former customers who swear they’ve been ripped off.

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stock ticker: GTXC.PK

GTX Global (GTXC.pk) : Convicted Felons, Pink Sheets, and Stock Promotion Websites go together like Thanksgiving Turkey, stuffing, and a stomach ache.

GTX Global is supposed to be a VOIP technology business that began operations in 2005. According to the pink sheet website, GTX was established in 2005. Yet, on their website and in their promotional material we read that they have been in business since 1997.

In order to find out who GTX Global really is, just look at the pinksheet.com website and read that until October of 2005, the name of the company was Gatelinx. Well, maybe this is why the company suddenly decided to change its name before it went public.

The former CEO  of Gatelinx, until the company decided to go public was convicted felon David Hagen.

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