Fuse Science Inc (DROP)

[itlogic]

I'm no lawyer, maybe it is maybe not. I suspect, if it was just a pump play for DROP, it may have been shady, but legal. Hell, Fuse may have given the Macular guy a bunch of shares of DROP to sign a non-binding LOI for PR purposes, then do an interview and pump DROP. After he fulfilled that obligation, he was done with Fuse. the same concept as paying Tiger is stock to carry a bag and do an interview.

the bottom line is a company that creates a public entity via reverse merge to list on pinks is always suspect. If these companies really had such life changing technologies, they would list in a more traditional way.

the biggest reason for listing on pinks is because its quick, cheap and loosely regulated by SEC. They can get it quick and cheap and do shady things that no one will regulate and make a quick buck.