So promoters have been engaged to assist in volume, and to prop the stock up, during the selling of its convertible debentures, as admitted by MYDX themselves.
And yet it is attempted to be spun the opposite direction.
It is strictly prohibited to promote a stock from a compensated position without disclosure of the compensated position.
This is the precedent where the SEC first applied Section 17(b) to internet promotion of securities, SEC vs. Black, 2000.
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.