San Jose, CA / ACCESSWIRE / May 6, 2014 / Pingify International, Inc. (PGFY) Chief Financial Officer and Director Vlad Milutin, submitted his resignation to company President Jason Gray today, in objection to a promotion campaign to artificially raise the price and trading volume of Pingify. According to Mr. Milutin, the promotion campaign, otherwise known as a pump and dump scheme, has significantly overinflated the value of Pingify shares, especially in the light of the company's current business position. Mr. Milutin commented, "The exposure of thousands of investors to great losses is too much for me to bear, and as a result, I have submitted my resignation. I myself have never owned a single share of the company and have never solicited anyone to become an investor. I urge the SEC and FINRA to investigate the trading of the shares in order to discover who the perpetrators of this scheme are." 