One would think that IBM would have enough smarts not to go into partnership with a convicted felon and fraudster in HotStock – let alone with one that has already suckered and embarrassed them in the IT Factory flap.
Perhaps it is all just “human error.” And perhaps IBM Watson is asleep at the switch – it certainly doesn’t seem very ‘switched on’ as it is endorsing a known criminal and fraudster.
Perhaps there is something else at work – and perhaps you can figure out how IBM, and their flagship Artificial Intelligence incarnation “Watson” are seemingly so involved in a scam being fronted by a notorious criminal.
Maybe IBM Watson has simply been overwhelmed by one of the most gifted intellectuals of the century – see the article he wrote and the end of this post.
Here is the story so far.
When Carl Freer launches a scam he does so with a count down timer on the front of his site. It is a tool he uses to pressure the gullible into investing in the scam – one of many tools. It is a signature tool. It is something he ALWAYS does.
Usually it works well for him – people are told that if they haven’t paid their money by the time of the launch they will be big losers who will regret their stupidity forever.
Parents around the world use this trick daily to control children. “I told you to go to bed! I’m going to count to 5. One . . . Two . . . “ And the kids scurry off.
It is the pure genius of Carl Freer that he worked out that the same counting trick works on adults who have too much money and not enough sense. The gullible. Those in whom angst can be introduced by the simple act of counting.
Carl Freer had a count down clock for WatStock. Then we came along and told people to do some simple due diligence on the man – the kind of due diligence that one would think anyone would do.
We told people to look. Not believe what we say – just take a look at the available raw data. To look at things like the French Court of Cassation’s ruling that Carl Freer is a criminal and that he must go to jail. That is the highest appeal court. ( Read a translation – done by the Court – here).
It is one thing when we say he is a Scammer, a Criminal, a Fraudster. It is quite another thing when the top appeal court judges investigate and officially tie him to organised crime and say the same thing. Or when other courts around the world have ruled against him – when 5 different police forces in different countries have arrested him.
The first big sign that people were waking up to who Carl Freer really is was when he missed his initial deadline to launch WatStock and had to reset his launch timer. That second timer ran for a while and then missed its deadline again.
Now the whole WatStock idea has been changed into HotStock – and a new countdown timer started up. Carl Freer hopes that once again people will be too gullible and stupid to question why, and will simply be mesmerised by the counting.
WatStock Fails and Morphs Into HotStock
When we started exposing Carl Freer’s scam, he was claiming loudly that a prestigious professor (and the leading name in ELM) was a Co-Founder and partner and had collaborated with him for 8 years in the development of his App. He also claimed that the professor’s University had collaborated.
We demonstrated to the Professor that Carl Freer is a criminal and scam artist, and the Professor and University withdrew all support from Carl Freer and instructed him NOT to use their names or reputations. They could not stop him saying his App used ELM as that is open source technology.
The Professor’s publicly withdrawing all connection with WatStock delivered a serious blow to Carl Freer.
Just as he uses the counting trick, Carl Freer also uses the ‘endorsement trick’. And just like the counting trick, he does the endorsement trick every time. He ALWAYS claims support and endorsement from prestigious companies and firms to dupe people into falling for his schemes.
Carl Freer CANNOT sell his scams without riding on the genuine reputation of others. When he scammed hundreds of millions in the Gizmondo fraud, he forged signatures of Microsoft execs, showed false Bank references, fooled Ogilvie into supporting him, had a top UK law firm endorsing him, claimed to be a trustee of a prestigious trust – he will stop at nothing to use and abuse the good names of others to fill his pockets. Another Carl Freer hallmark.
With the Professor gone, a number of potential investors acting on sound and reasoned advice have all walked away from the opportunity of investing in WatStock hence the need to reset the time followed by the need to abandon ship and launch another.
A Brand New App From Carl Freer – HotStock – In Partnership With IBM
HotStock it seems has been created in collaboration with IBM.
Not only that – IBM are also partners in HotStock. If IBM are partners with Carl Freer, then he must be trustworthy – right?
Carl Freer has done a great job of ensnaring IBM. What is mind boggling is that this is not the first time he has done so. IBM and Carl Freer crossed paths in the IT Factory scam – the largest scam in Danish history and one that tarnished IBM – especially in the Middle East
IBM have also collaborated with Carl Freer to create another product – called WatSharia. It encourages people in the Middle East to make money by investing and gambling in the stockmarket.
IBM taking a risk endorsing a criminal and scam artist seems rather ill-advised to us . . . but messing about with Sharia . . .
Perhaps it is only targeting Christians. But then why is it called WatSharia? If it was targeting Christians it would be called WatPsalm or something. Or maybe WatSon.
We leave the subtle nuances of international business and public relations to IBM. (For the record – we do not for one minute think that IBM are actually partnering with, endorsing, or associated with Carl Freer – they are simply the next in a long line of companies that have been duped by him.)
The Major Problems With HotStock
If you listen to the fountain of lies you may be lulled into thinking that it will truly provide riches for all.
However, just the slightest engagement of a single grey cell would tell you to walk away, even if you did not already know that Carl Freer has a 30 year history of scams and cons and that he knows nothing but cheating and lying.
If his App is so good, why would he let you use it? Why would he need investors?
If someone discovered a vein of pure gold running through their back yard, nuggets that could just be picked up by hand, would they tell everyone about it? Would they charge people $23.99 to go to the vein and pick up $1 Million in gold? Would they persuaded people to invest in heavy mining equipment if all that gold was just lying there waiting to be picked up?
If you believe Carl Freer his App is a money maker for everyone. If you believe him he has almost 10,000 followers on the Watstock Instagram.
However, if you look at the facts you will be disappointed with Carl Freer once again. Carl purchased 9,500 followers – they all joined within minutes of each other. Old move Carl – one that most people are wise to.
So let’s imagine it is the best App in the world and it actually can predict the future of the Stock Markets – It still has a few insurmountable problems.
Why do you have to buy it for $23.99 from Carl Freer himself? If he is such a nice guy that he will sell you a tool that will make you millions for such a petty price, why does he not just give it away? After all, he is a Humanitarian. Plus he must have so much money that it would cost him more to collect your $23.99 than he could make in the same time just picking up that gold himself.
And why do the investors only make money if millions of people download and rank the App? Investors are essentially investing into an empty App.
The whole point of the App, the reason it exists, is it predicts the future. And yet the small print says something else.
“Hotstock’s prediction prices are based on AI and forecasting models and the App does not guarantee a return.”
Are people really going to buy an App which predicts the future but doesn’t guarantee a return? How is that any better than using a horoscope, looking at bird entrails, or sacrificing a goat to some oracle?
People have been selling the “Foretelling The Future” scam since before dinosaurs roamed the earth. It is the oldest scam going.
Instead of thinking that a serial criminal may have finally cracked the code of the universe, look instead to what can be easily proven as his accomplishments. He has left a trail of broken dreams and ruined lives behind him. The evidence is overwhelming. He has been arrested in 5 different countries. He is a wanted International Criminal.
Any potential investor in HotStock would do well to look at the facts surrounding Carl Freer, and using human analytics figure out what the likely outcome is for him.
If you are thinking of investing and have any questions, please use the data below to verify what we have said.
ELM – you can contact Professor Guangbin or use the data and links on this site to get more data.
Guang-Bin Huang (黄广斌), PhD Professor of School of Electrical and Electronic Engineering Nanyang Technological University Nanyang Avenue Singapore 639798 Tel: +65 6790 4489, Fax: +65 6793 3318
IBM can be contacted at:
If you have satisfied yourself thus far, look into the company structure. Records are publicly available.
Watopedia, Watgold, Petrofinde, Hotstock, Katching and Watstock are controlled by Carl Freer. The trademark for Watstock is being registered in a different company called Watstock Inc. All company structures have been arranged to hide as much as possible and protect Carl as much as possible.
The facts are that Carl Freer’s companies operate from a temporary serviced office address to give him validity – the Companies are less than a year old – have not filed accounts – have no notable assets as the technology used is open source.
If you still cannot see the light – then read and enjoy this article Carl Freer wrote about himself. (Link to a PDF of the below)