AppSwarm, Inc. Issues Warning of Fraudulent Emails and Promotion of SWRM Stock
TULSA, OK / ACCESSWIRE / December 20, 2016 / AppSwarm, Inc. (OTC PINK: SWRM), announced today the Company had received multiple contacts from companies that had email addresses utilized for stock promotion. We have attached one such email with the company name and email address removed.
AppSwarm’s last press release was on October 28, 2016 and the subject matter was “APPSWARM, INC. RETIRES MAJORITY OF COMMON SHARES.” AppSwarm has taken the past three months to restructure the company to include its debt and internal operations to launch revenues in the 1st quarter of 2017. Further, a merger was completed which brings revenue and assets into the company. We will be issuing real information to the market starting in January through a reputable investor relations firm.
Below is an email received this morning from a firm whose email address was potentially hacked, and the content of the fraudulent email received. All claims in the stock promotion email are false.
– Begin email –
Hello Team Appswarm, I am from (redacted). We are having a trouble that, our emails are used to send spam emails to different people by stock marketing companies. We need to identify the loop hole and solve it. It looks like your stocks are promoted using our (redacted) email account which we have not really sent. We would like to know how this is been happening. You might be hired a stock promotion company they are the one doing these activities. Can you please let us know if any inputs you have for us? Below are the contents send for your stocks to the email: (redacted)
Fraudulent Email:
Hello, (redacted)! Appswarm needs your attention. This is the only stock you need to buy today. Keep on reading to find out why. Appswarm (ticker: SWRM) is a mobile games developer that has built some of the most popular games on the planet. The games have been downloaded more than 100 million times and the company is planning to launch 5 new titles in January 2017 (next month). SWRM is extremely undervalued and there are serious rumors circulating that the maker of Candy Crush (King, a multibillion dollar company) is about to buy it out for $1.17 per share before Christmas. At this moment SWRM is trading at just pennies but a buy out from King will automatically send it to over $1 in a matter of minutes. This is your chance to buy a stock just days before a major acquisition and stand to gain more than 1,500% just days before Christmas.
– End email –
App Swarm is not responsible for sending out any emails of this nature, nor are we involved with such fraudulent email practices and we strongly disavow this type of activity.
As we investigate this matter we strongly suggest that you contact your email or hosting provider to be sure your email account has not been compromised. Although this could be a case of email spoofing, making the sender only appear to be using your email account, it could be more serious than that and only your email/hosting provider will be able to determine this for you.
Any information you are able to collect and share with us from speaking with your email provider may help us determine who is responsible for this activity and we would appreciate your help in identifying the source of this activity.
About AppSwarm
We accelerate the development of mobile games and fast-track them to market. We partner with game developers through joint ventures, royalty agreements, marketing partnerships, and outright purchase through our publicly-traded company on the OTC markets, ticker SWRM.
For more information, visit us at www.app-swarm.com, or follow us on Facebook https://www.facebook.com/AppSwarm or Twitter https://twitter.com/appswarm
DISCLOSURES: “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in the Company’s filings with OTCMarkets.com and as required to the Securities and Exchange Commission. These risks could cause SWRM’s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.
Investor and Media Contacts:
800-706-7656
info@app-swarm.com
www.app-swarm.com
SOURCE: AppSwarm, Inc.
ReleaseID: 451458