InvestorsHub Logo

MTM

Followers 2
Posts 351
Boards Moderated 0
Alias Born 10/31/2009

MTM

Re: Tom Swift post# 24172

Wednesday, 12/03/2014 12:18:52 PM

Wednesday, December 03, 2014 12:18:52 PM

Post# of 28181
The original "perps" - Robin Moody (Dublin OH), James DiPrima, (Omaha NE) - had a number of SEC complaints filed against them back in the 2007 time frame. They also had an IRS issue for back taxes (941 form) from some previous enterprise (they have had many). That cost them about $100k but in selling the shell to a sadly naive Harry Schoell, they netted enough to deal wioth everything and move on, leaving Harry totally befuddled (and the poor guy still is that way - even more so now).

DiPrima split from Moody years ago because although Robin Moody was a good "purse snatcher" (= he could get direct investment dollars), he also brought a lot of overt risk. Dangerous.

DiPrima preferred to operate in the gray areas. Here's his latest enterprise: http://www.otcmarkets.com/stock/RSII/profile

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.