Wow, SOMEBODY must be watching Eagle's posts. Why would someone delete facts about RACK. Eagle's post is below:
"Lichtenstein is a RACK shareholder who owns Paradigm. He PSC for a RACK stock promotion and the disclaimer reads as follows:
"Paradigm Capital Holdings LLC has contracted with Global Marketing Media, LLC for an investor awareness campaign with respect to Rackwise, Inc. (RACK). Paradigm Capital Holdings has agreed to pay Global Marketing Media $1.49M for the campaign commencing on or about April 23, 2012 and running for approximately six months. At the commencement of the campaign, Paradigm Capital Holdings owns 1,843,000 shares of RACK and will be liquidating these shares during the campaign which can be expected to adversely affect the share price of RACK."
By definition, Lichtenstein paid to PUMP up RACK while he plans to DUMP his shares."
You and Eagle are correct, but it amazes me that there are fools who will listen to these scammers and buy the stock. I expect pumping to begin in ernest now that lockup is ending and Lichtenstein [and the private placement investors] dump their shares. The SEC should look into this. Why don't you report them. The disclaimers that appear on these rags are in super fine print and very few people even look at them.