My name is Guy D. Cooper. You may Google me and see I have had a very successful paintball business book out since 1988. It is almost 800 pages, sells at $199.00 a copy and we are around $400,000.00 in sales now.
However, there is a much bigger story in my life. “The World of Penny Stocks”
Yes, Jordan Belfort was a criminal and only one of the Wolves of Wall Street.
The real penny stock market actually began in the early 70’s with companies in Colorado such as B.J. Leonard, Barton and Co. and of course others around the USA.
My investing actually began at 12 years old under the Kansas Unified Gift to Minors Act. By 16 years of age I was working for R. P. Clinton of Clinton Oil fame (later to become Rickelson Oil and Gas). I was a personal assistant to the family and made a great deal of money at the time by investing with him in deals such as Comsat and his Clinton Oil Company.
After many business attempts at a very young age I found myself moving to Colorado at 18. I actually became the youngest sales manager in AAMCO transmission history and was employed at AAMCO in Boulder at 28th and Spruce. By 19 I had taken the worst shop in the nation (I believe there were 1900 shops at the time) to the number one position twice. During this time I also discovered the world of penny stocks.
I have save all my confirms, all my schedule D tax filings, over 1500 prospectuses and red herrings in addition to hours of dictation as to all the things that happened and how I did what I did.
By the end of 1973 I had become at Pro at Penny stock IPO’s. However, the crash of 1974 came and my confidence led to my being quite leveraged. I was wiped out.
I had left this world to focus on building an Advertising company named Tom Thumb, later to become Mountain State Postal Company. We represented companies such as Columbia Savings, Casa Bonita and Donnelly & Company (bring sample boxes of cereal to your doors). During the same time I started a competitive paper to the Thrifty Nickel type of classified ad papers and had distribution throughout 7 11’s and others. However, my friend came to me and said you should invest in Pennies again. I said, “No, I totally failed”. His answer was, “You were the best”! “You were just too leveraged. Well 1977 came around and for some reason I believed him. It had taken me years to pay off the banks and save up $2000. I started in the game again and after rolling this into a hundred and fifty grand in profits I realized I was back in the game.
For 10 years the real penny stock market began and I succeed in living off those profits from 1977 to 1987. No one says it was possible. I was the ultimate IPO whore. I invested in the 504 Regulation A, S1 and A2 full registrations to inside stock trading receiving 144 shares. There were 5 primary Blue Sky States and penny stock houses from Meyer Blinder (known as Blind’em and Rob’em) to Stuart James. Along side of their Rolls Royces lined up at clubs was my Datsun limited edition 280 ZX.
Some time in 1984 John M. King of the 70’s oil fame (drilled all the wells at the Golan Heights and more) met me and heard of my incredible success at beating every boiler room around the country. I was invited to his Cherry Hills Home on Sunset Drive. When I got there it was surreal. A huge wooden gate opened after I called from the outside phone. There were guys with shotguns inside and tons of limousines. After a long talk we became great friends and I spent much time at his ranch and home in Vail. Spent hours of hearing his stories of which there are over 30 books written.
I continued my world of penny stocks, did great on the IPO’s but not so much as an insider on deals (It took a long time to connect with the deal makers such as J. Daniel Bell). I was aware of all the bribes, the rat hole accounts, the stock broker buying of hot new issues and legally profiting from them in a very unique way.
I did a full study and report of Meyer Blinder stocks before he went to prison. While I have their posters and impressive promo material 98% of their issues failed. I was asked by very influential people not to release that report. I met Meyer at his auction after he was forced into bankruptcy and told him I made a fortune off his firm. He wanted me interviewed by the papers of which I declined because I knew the extra ordinary effort I had to go to in order to beat them and others.
My book is an incredible success story, one of the very few, of how I beat over 50 Wolves of Wall Street, long before Jordan Belfort’s 1990’s game. I quit the game when NASDAQ changed so many of the rules and literally dismantled the real penny stock market. Up until then I beat all the US pink sheet, bulletin board, OTC market.
Reigning Pennies