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Alias Born | 02/10/2016 |
Wednesday, September 13, 2017 4:42:59 PM
Even if the company decides that blatant fraud and deceptive behavior towards their investors is no long in style, the damage those actions have done are permanent. Large amounts of shareholder value has already been destroyed, never to return. A small group of people, at least some of them friends of the former CEO, have made millions upon millions of dollars selling nearly free shares.
What Nelson did was lie to his investors, and defraud them. He belongs in jail, but will likely retire rich on the backs of his sycophantic supporters, some of them will be left impoverished as a result.
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