Monday, July 18, 2016 9:28:51 AM
Agencies (e.g. SEC) do not regulate scams. Porter can PR just about anything he wants to promote this scam. He can even keep submitting bogus OTC filings. There is no regulatory review of OTC filings.
The only restraint on Porter is that he and his affiliates have to be careful not to violate Rule 144. As in dump restricted shares before they come off of restriction. And he has to obey the 1% dump rule. But once he jacks up the O/S to 5.5B the 1% will be large enough for him to have some dumping fun.
Microcrap scams don't get documented by any "agency" unless there's a Rule 144 violation, something more nefarious such as money laundering, or other criminal activity. Microcrap scamming is currently not considered to be criminal.
The Jewel of the Mind is Colored with the Hue of what it Imagines
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM
Maybacks Global Entertainment and Lingerie Fighting Championships Enter Into Broadcast And Revenue Sharing Agreement • AHRO • Sep 26, 2024 8:30 AM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM