Wall Street News Alert Calls It Quits - 10 Year Old Firm to Liquidate Assets

Wall Street News Alert, the entity that was responsible for the majority of “penny stock” promotions and emails for over a decade, has left the investor relations business. The company, once seen as one of the largest and most well-known small cap stock advertising firms, represented hundreds of clients before closing the doors and deciding to sell its assets.

Wall Street News Alert, the electronic advertising subsidiary of Wall Street Capital Funding, has closed the doors after a decade of representing “penny stock” clients. The investor relations firm, which described itself as, “one of the internet's premiere financial destinations, offering the investment community some of the market's leading emerging opportunities,” promoted hundreds of companies for the purpose of, “introducing millions of potential investors to unknown companies.”

Nevertheless, the company undeniably experienced a great run throughout the decade, often being compensated up to $21,000 per day to email to its database of investors. While the company’s website has not been active for some time, a Google search reveals that the website still has over 140,000 press releases indexed on the web. Once thought to solicit emails to a proprietary list of over a million recipients at once, the company also issued thousands of “investment opinions” for its clients.

Operating numerous websites, purported to have received over 250 million hits, to generate investment leads and email addresses, the company is now selling its websites and investor database. Interested parties should contact wsna@bellsouth.net

This information is being distributed by Universal Media Consultants.

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