Companies can't just do private placements, especially when they're delinquent filing. And they certainly can't buy back stock without announcing it. Convertible debt can also not convert when the company is delinquent. Of course all of this assumes the people are following the law. If the company is willing to risk fines and criminal proceedings, anything goes.
TA - Over $500 million in toxic funded pump and dumps exposed and growing every day!
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