Thank goodness the FFGO scam is revoked. Useless fodder at this point after 5 years. ----------------- FFGO - Not my concern on how it was done.
What the US Treasury should be looking at is the roughly $60M that FFGO received in the sale of 17B shares of FFGO common stock, at $0.0035/share.
Quote: Ok, explain to me hoe Ron NAKED SHORTED the stock? Is Ron a broker?
What is the corporate tax rate again? 36%?
Pure profit for the company, which means the Corporate Federal Earning statement with the IRS, should show nearly a $22M tax due the IRS.
Now...
The SEC might be bought and paid for, but if the IRS was cheated out of $22M on this very profitable transaction...You could be sure as shit that the US Treasury would investigate potential corporate income tax evasion.
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.