Friday, April 03, 2015 7:58:00 PM
It doesn't matter whether they have good (drink) products or not, if the company and share structure was set up in a fraudulent manner.
The "issue here" is the following (which lead to the skull and crossbones):
Quote:
No, OTC Markets didn't "make a mistake."
THCZ is a scam that hid the issuance of convertible notes to a very unsavory crew of known penny stock scamsters. They are apparently being asked a series of difficult questions by the SEC, leading to their lawyer (and shareholder) to issue a letter finally acknowledging those notes and the conversion into shares.
Why wasn't any of this information released previously?
How did Jerry (Grisaffi) manage to get 1,000,000 shares of a Mystery Preferred (shares), giving himself 51% of the voting rights?
Why was the A/S suddenly increased - just before these notes were finally made public?
Obviously, THESE are the issues at question here. Not some "mistake" or "conspiracy" by shorters.
Also, if you study this article by Janice Shell you will find out about Jerry Grisaffi's shady/scammy past with other OTC stocks.
http://www.pumpsanddumps.com/2015/02/thcz-totally-crazy.html
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
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