Wednesday, March 25, 2015 4:47:35 PM
This is so unbelievably incorrect that it's not really worth even responding to, but I'll bite. Can you provide a single actual example of this happening in the last 10 years? And I don't mean some blog post from 2008, or an article speculating about the causes of the price action of a particular stock, I mean an SEC complaint or other regulatory action detailing who, when, and how such a scheme was perpetrated on a sub-penny OTC stock? You know, an actual example of someone being caught performing this "cellar boxing" trick in the OTC anytime since the new financial regulations went into effect in 2008? Or is it just something that "everybody knows" is totally happening, but just can't prove? Like Bigfoot and alien abductions? So, any examples?
I'll wait...
Maybe start by checking here?
http://www.whistleblower-insider.com/sec-fraud-actions/
But it's funny, I count something like 150 SEC actions in 2014 and not one involved illegal short-selling manipulation of an OTC stock... yet a whole bunch involved unlawful issuance/dumping of shares based on false news releases, misrepresented financials, fake revenues, or some other means of pumping up a stock on lies before dumping and diluting...
For example, here are just a few SEC actions, from just the last six months, detailing scams that actually do happen on the OTC, unlike "cellar boxing":
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM