Effective Control Transport Inc. (fka EFFC)

[DownWithPumpers]

There was a bunch of us posting about this obvious scam when the stock price was above 50 cents. I see no one has posted anything about the nail in the coffin here: http://www.rcmp-grc.gc.ca/qc/nouv-news/com-rel/2014/04/140424-eng.htm

The crooks who ran this company were finally charged:

Montréal, April 24, 2014 – Raphaël Huppé, 36, of Laval, and Manon Chiasson, 38, of Mirabel, allegedly carried out a scam that defrauded hundreds of investors. The investigation revealed that investors injected more than $4 million in Effective Control Transport Inc. (ECT), previously known as Media City Corp, a company listed on the stock market under EFFC, previously MCCY. This financial market fraud was uncovered by the Integrated Market Enforcement Team (IMET).