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Re: I Need Money post# 259644

Sunday, 02/12/2017 12:20:11 AM

Sunday, February 12, 2017 12:20:11 AM

Post# of 343653
Dunno. Initially, I didn't even know Bill had other companies but I would think that the one's Bill sold, if he did sell some, the pps would depend on the new company's scam, I mean product, service or whatever the new owner was trying to do. I do believe that, years ago, the pps of some of Bill's companies were doing well but whether or not they were all Pump and Dumps or legit I'm not sure.

Anyhow, just found this:

https://www.thealertinvestor.com/beware-dormant-shell-companies/

The SEC and FINRA have noted that fraudsters can be quite adept at manipulating public perception and discussion around a penny stock shell company. The fraudsters might issue a company announcement stating that the company is under new management, that it has been re-incorporated—maybe under a new name, or both. Those changes might coincide with a reverse stock split that would make it seem like the company’s shares have increased in value.