mPhase Technologies Inc (XDSL)

[syscat]

For those saying nice positive things about this scam/company, why don't you read this:

http://www.sec.gov/litigation/litreleases/lr19465.htm

Same crew who ran that scam are running this one. If you don't want to take the time to do the DD, here's the short version. SEC filed security fraud:

The Complaint alleges that Durando, Dotoli, Jaffe, and IP Equity dumped PacketPort.com shares into the pumped-up market in an unregistered distribution, obtaining more than $9 million in illicit proceeds. Registered representative William Coons III was Durando's and IP Equity's broker and was the principal outlet for the fraudulent sales.