BluSignalSystems appears to be an elaborate penny stock ‘pump and dump’ scheme.
The software is essentially a vending machine that serves a constant stream of trading recommendations of highly dubious penny stock companies. If you are looking to invest in a goldmine on Miami Beach, this is right up your alley.
The company is also affiliated with two unregistered and unlicensed money management firms using fake addresses and fake staff.
Additionally, the company is maintaining and actively promoting several different penny stock websites pushing highly dubious investments.
This appears to be nothing more than a penny stock ‘pump n dump’ scam operation. Avoid.
Thanks for reading today’s review of BluSignalSystems.com
What is BluSignalSystems? The company is purporting to have developed three trading systems named: BluFractal, BluNueral, and BluQuant.
The company claims that BluFractal “utilizes fractal geometry and mathematics to accurately ascertain the direction of any tradeable security.”
The company claims that BluNueral “employs a neural network approach for interpreting investment data flows to determine Buy Zones and Sell Zones of tradeable securities.”
The company claims that BluQuant is “A long-only proprietary system that selects from Large-Cap stocks and ETFs to provide specific and detailed real-time Buy and Sell signals for intermediate-term investing.”
The cost of the service ranges from $97 per month to $197 per month.
Performance of BluSignalsSystems
We reached out to BluSignalSystems in hopes of verifying the official track record of these supposed hi-tech trading systems.
The company informed us that no official track record existed. Instead, they recommended that we sign up for a free trial.
We next signed up for a free trial and discovered that BluSignalSystems began making recommendations to purchase highly suspect penny stocks.
Essentially, the platform is a vending machine that recommends that users purchase thinly traded OTC or Over The Counter Penny Stocks.
If you are not already aware, Penny Stocks are not investments. They are mainly pump and dump investment schemes where investors are given an amazing story about a gold mine in Florida, or a ‘secret’ oil well in Montana.
Normally, penny stock scams are pumped through online chat rooms, mass mailings, or email spamming. However, the SEC has gotten more aggressive about stopping the promotional mechanisms of these scams.
It appears that BluSignalSystems is employing a clever mechanism in which to pump worthless penny stocks.
Finally, and with a ridiculous twist or marketing BS…the company has a listed address inside of the New York Stock Exchange. Who would believe such a thing?
Additional Red Flags
There are additional red flags. The server address of BluSignalsSystems also is housing two unregistered and unlicensed money management companies.
The first company is named: Lindsey & Company Advisors, a so-called money management company where the ‘advisors’ will help you manage your money, as well as help you make specific investment decisions. However, the owner of the company (Dee Menzies) nor Lindsey Company are listed in any capacity with Finra.Org.
The images of the ‘investment advisors’ all appear to be stock photos.
The second investment company is named Poligon. This is yet another unregistered ‘investment advisor’ offering remarkably similar products and services as Lindsey & Company.
The company will also soon be offering a mobile version of the BluSignalsSystems which is named WealthMax.
The WealthMax application will be a free downloadable application that will also, presumably act as a vending machine for penny stock recommendations.
Through social media, the WealthMax application is currently being highly promoted as a ‘business opportunity’ for “aggressive marketers looking to earn 6 figure commissions.” We signed up, essentially they are looking for promoters that will be paid a by-product of the sales from the penny stocks recommendations. It is really clever.
Penny Stocks Promotional Channels
The company also maintains several highly suspect penny stocks promotional channels. Essentially, these are ‘pump and dump’ promotional sites that hope to entice gullible investors into investing in worthless companies. The following are a few of the promotional channels:
- Radical Penny Stocks
- Free Stock Update
- Bull In Advantage
- Red Hot Penny Stock
- Street Register
- Stock Sumo
- Stock Traders Talk
- Blue Horseshoe Stocks
Wrapping Things Up
Recapping what we know:
- BluSignalSystems appears to be a recommendation portal or a sort of vending machine that recommends highly suspect penny stocks.
- BluSignalSystems is sharing the address of two fake money management companies: Polygon and Lindsey Advisors.
- The company is also actively promoting eight different penny stock “pump and dump” websites listed above.
The big picture is that this appears to be a generic penny stock “pump and dump” scheme. The radical new angle is that the company is pushing a web application named BluSignalSystems, as well a downloadable Android or Apple app that is essentially acting as a vending machine that is offering specific recommendations to purchase worthless penny stocks.
It’s clever. It’s cute. And it’s also a death trap for the financially gullible and outright ignorant. Avoid.
Thanks for reading.
The case you show about bribing a govt official is from his time in Lompoc, CA BOP. He was trying to run his financial schemes from prison and bribed a guard (“Corn”) to bring in computer equipment. Interesting reading the court docs. His prison name was “Wolf”–maybe he is a wolf of wallstreet wannabe. He was working with another inmate Mercadel (aka “Tony” or “Katt”). good think yall missed each other in lompoc. he might have tried to sucker you back in to the criminal lifestyle. Congratulations on being saved and finding Jesus!
The photo of Dalton (aka Dee) is heavily edited to change his appearance. David Elliot and Chris Mitchell do not seem to have a presence anywhere on linkedin or Finra.Org. I think it is funny that on the Lindsey meet the team page, they state people want to know who they’re doing business with yet they provide no bio, just fake pictures. If David & Chris are real, I wonder what prison they met in. There office is not real,
Lindsey & Co. Business Advisors
2450 Louisiana St., Suite 400
Houston, TX 77006 – USA
it is a ups store https://locations.theupsstore.com/tx/houston/2450-louisiana . another major red flag!
On Dalton’s linkedin profile, https://www.linkedin.com/in/deemenzies/
he shows that he was the CEO for 14 years of Sterling Holdings Corporation. A big chunk of that time he was in jail or prison. He put this company under his father’s name Thomas Kiger and screwed him out of money too. if he will screw his only family out of money, he will do to so called clients. Here are some of the cases against Sterling Holdings Corp:
200307737 – WALLIS STATE BANK vs. STERLING HOLDINGS CORPORATION
200260910 – JPMORGAN CHASE BANK (FKA THE CHASE MANHA vs. STERLING HOLDINGS CORPORATION
According to public records in Texas, he has had at least 4 wives. No telling what companies he has put in their names and screwed them too including this property tax suit 200465833 – HARRIS COUNTY vs. LEMMON, RAY A (RECEIVER)
His main career is being a drug dealer with a violent history. He is none to be very abusive. His criminal history begins in Killeen Tx where he was sentenced to 15y for being a drug dealer.
ARREST DATE 12/21/1988 KILLEEN PD (TX0140400) CRIMINAL MISCHIEF 60D
ARREST DATE 4/20/1989 KILLEEN PD (TX0140400) AGG POSS CONT SUBST WITH INTENT TO DELIVER – 15Y
Dismissed(D) The State of Texas vs. MENZIES, DALTON C (SPN: 01519875) (DOB: 03/31/1966)
2/10/1998 15 HARASSING COMMUNICATION (M)
Dismissed(D) The State of Texas vs.
MENZIES, DALTON CHRISTIAN (SPN: 01519875) (DOB: 03/31/1966)
2/1/1998 15 ASSAULT-BODILY INJURY (M)
Dismissed(D) The State of Texas vs. MENZIES, DALTON (SPN: 01519875) (DOB: 03/31/1966)
4/29/1997 6 FALSE IMPRISONMENT (M)
Dismissed(D) The State of Texas vs.
MENZIES, DALTON (SPN: 01519875) (DOB: 03/31/1966)
2/24/1997 232 KIDNAPPING (F)
The above were dismissed due to the victim being afraid to pursue. He threatened her so out of fear, she stopped pursuing with the police.
He took out PPP loans under both Ifinancial, Lindsay & Co Advisors and WealthMax (possibly others)
Dalton Menzies DBA Lindsey & Co Advisors, $20,832, 5-2020, Chase Bank
Ifinancial Technologies LLC, 04-2020 $148,552, First Horizon Bank
Ifinancial Technologies LLC, 04-2021 $148,552, First Horizon Bank
WealthMax, $149,058, 05-2020, Wells Fargo Bank
Nice to see our tax dollars going to support criminals…ugh!
Wow on that PPP bullshit. I can’t believe they gave this turd sandwich anything. $600k of our tax dollars wasted. This is the sort of BS that absolutely drives me bonkers. I remember when that PPP was announced and I thought to myself, “this is going to turn out really bad.”
Oh and he’s a “kidnapper, drug dealer, and assaulter?” Oh, I know this type very well. He is going to absolutely love my update on him. I will keep my samurai sword by the door.
Here is some reading for you…check out these cases against Dalton aka “Dee”
201946781 – POFALE, RAJESH vs. IFINANCIAL TECHNOLOGIES LLC
199452066 – BOMBAYWALA, GHULAM M vs. DCM CORPORATION
199438868 – DCM TECHNOLOGIES INC vs. ADVANCE CARTRIDGE TECHNOLOGY INC
199632219 – LODEN, RAY A vs. MENZIES, DALTON C (Court 151)
4:2004mj01051 USA v. Menzies – Dalton Menzies Texas Southern District Court
4:2005cr00008 USA v. Menzies – Dalton Menzies Texas Southern District Court
1:2014cv00568 Brownsville Emergency Physicians Group, LLC et al v. Worthington et al Texas Western District Court
2:2011cr00921 USA v. Menzies et al – Dalton Christian Menzies California Central District Court
4:2015cr00593 USA v. Menzies – Dalton Christian Menzies Texas Southern District Court
Be sure to do background checks on any so called business partners, they are usually ex-cell mates such as Steven Michael Sgitcovich, partner of WealthMax (lol)
Oh my god. Jackpot.
“Dee Menzies” is actually Dalton Christian Menzies who has a long criminal record. The addresses for their so called offices includes a ups mailbox location and a servcorp temp rental space. The office “team” photos are stock pictures that you buy online https://www.canstockphoto.com/group-of-co-workers-standing-in-office-1717243.html. Dalton Menzies is a FRAUD —complete conman. He has been in and out of prison for close to 30 years. He rec’d a PPP under his real name with DBA Lindsey & Co Advisors https://www.federalpay.org/paycheck-protection-program/dalton-menzies-dba-lindsey-co-advisors-houston-tx
Be smart….STAY AWAY
Oh yeah, there he is, sentenced to 46 months in Federal Prison for conspiracy to bribe a public official.
This is interesting. I need to dig deeper into this. Sounds like a fun story to write an update about. Now that Dee has been outed, perhaps he will be more willing to talk to me.
Sorry, but this review doesn’t seem so in-depth about their actual systems. When visiting their site, I had a different reaction. They show how their entire thing works through a 1.5 hour webinar and have over 70 case studies that highlights how it works. When signing up for the free trial, I didn’t see penny stocks. I saw everything in the stock market and was able to navigate properly.
Not sure if this is so accurate or a worthy review. Can you show us how the system works that made you come to this conclusion???
Stephen, since you tried the free trial, can YOU actually shed some light on their systems? Do they work as they claim should?