InvestorsHub Logo
Followers 248
Posts 29707
Boards Moderated 1
Alias Born 03/07/2006

Re: None

Thursday, 08/25/2016 9:48:44 AM

Thursday, August 25, 2016 9:48:44 AM

Post# of 12815
There's a fine line between "failure" and "scam." And it's really hard to tell the difference. It's all about INTENT and that is hard to prove either way.

A CEO of one of these penny stocks like ESFS could siphon all the money out and sell stock, meanwhile living on-the-large, and keep making promises to shareholders. It's not that these PR's are fake, or that these sales aren't bringing in money. It's that there is a possibility that selling stock is part of the business plan, and the intent is to always leave investors under water holding their breath.

It's stupid if that's the case, because if companies like ESFS wanted to make real money, they would let the shareholders take profits, get the stock up, get off the pink sheets, and then they'd be selling shares at $5 instead of .005.