Wednesday, December 17, 2014 4:36:34 PM
Lucky for most the SEC does and will continue to HUNT DOWN all of those CEO's that think they are above regulation or can use the existing " rules " as a scapegoat for their actions.
Possibly you need to REVIEW the current P&D activity of $290 MILLION that was perpetuated by several CEO's over the last couple of years. The end results of this case may be VERY INTERESTING........
http://manhattanda.org/press-release/da-vance-stock-promoters-and-co-conspirators-indicted-290-million-“pump-and-dump”-stoc
Pink Sheet stocks are rated as such for those companies with CEO's ( good or bad ) that are attempting to start and run a business. Unfortunately the shareholders or investment community must determine the CREDIBILITY of said individuals from their actions and " buy the company " based on the statements of these CEO's. Obviously when it is determined by those actions that the company is a SCAM, the PPS of the stock reflects that sentiment.
So far, the " come-on " statements by Scott, supported by the LACK of financials to indicate what he is stating is NOT even close to being accurate, IS IT? I am positive we will ALL get a first hand look at his CREDIBILITY once the 4th Quarter and Y/E number hit the streets.
I believe in the TRUTH of the " balance sheet " going " hand in hand " with what is being preached by the CEO!! Almost sounds like you got a peak at a balance sheet that we haven't? Because to date, I see ZERO in the profitability of what Scott is doing by DILUTING existing shareholders and handing out BILLIONS MORE shares of stock to run the business.
As to " breaking any SEC, FINRA or other rules, that is NOT for anyone other than those entities to POLICE. Luckily we have WEB sites set up by those entities to deal with WHISTLEBLOWERS who feel that they have been lied to or manipulated.
Time will tell SEEK's tale! Not one thing anyone on this board can do about it and Scott will either GET his wish of selling off the company at some point or just like his PREVIOUS company, SEEK will disappear into the GREY MARKETS of the Pink Sheets in a few short years!
MY opinions are just that.......40+ years of trading experience and take it for what it is worth.
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