Bates made his money through the massive mailing pump touting fabricated sales to Jamaica inflated by about 90% of what was actual. The pump elevated the share price, which allowed for massive undeserved loans for Bates to use and print paper as he saw fit and subsequently continue to print paper. OTC scam CEOs never make money off their share holdings, they are irrelevant, it's the money printed on the way down that matters to them, that is the business plan...
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