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Alias Born 09/20/2010

Re: ImjinBridger post# 41007

Monday, 09/01/2014 11:32:01 AM

Monday, September 01, 2014 11:32:01 AM

Post# of 68824
Solomon Ali and Claude McDougal entered REVO together, ImjinBridger.

They both promised to generate working capital for Ron Carter by selling convertible loan notes.

Claude McDougal got caught in his Ponzi fraud because he sold to people who complained when they lost money, and were willing to spend time to get him convicted.
Source: http://www.securitieslitigators.com/claude-mcdougal-pleads-guilty-to-fraud-charges-after-defrauding-victims-of-over-2-5-million-in-ponzi-scheme/

Those investing with Solomon Ali, through Rainco, have not lost money, so far. Uo to now they've been able to dump shares when REVO spikes the trading volume, and pps, by issuing 'news'.

But, if transaction volumes continue to stay low, and they are unable to offload their shares, those investors may begin to complain - and that could create the sort of problem that took down Claude McDougal.

Raising capital for a buy-back of those shares solves the problem, and prevents Ali going the way of his former partner in crime, Claude McDougal.

iHubbers who complain to the SEC will be told: Caveat Emptor, Buyer Beware, Rainco did not promise you a guaranteed return.

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