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rsh

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Alias Born 04/28/2015

rsh

Re: Toxic Avenger post# 4077

Saturday, 10/29/2016 11:33:09 AM

Saturday, October 29, 2016 11:33:09 AM

Post# of 26231
I know you are right. The OTC WSTI website has a "WARNING" with explicit statements on SEC violations. I have gone into that document so your statements are quite grounded.

http://www.otcmarkets.com/stock/WSTI/quote

The trouble is that large numbers of shares are being traded and posted which seems to make them legitimate. My speculative remarks in that post come from things I see done frequently in another of these "stinky pinkies", which is:


The securities above were offered and sold pursuant to an exemption from the registration requirements under Section 4(a)(2) of the Securities Act since, among other things, the transactions did not involve a public offering



So there must be these exemptions (in which I don't have much knowledge) that are used as "ass coverings". Since trades are "actually" happening, the question is "how"? Maybe they are violations of the SEC act, I don't know. But if not, what are they?

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