Created: 10/03/2006 04:48:38 PM -
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Past and or Present feel free to post your horror stories about The guys that run those diluted companies. You know those PR pumping, stock dumping, lie telling, cash burning, book cooking CEO's while paying themselves a rediculous salary
Feel free to vent if you've seen you investment dwindle down to nothing because of these shady crooks.
* Beware Alot of OTC/pinksheet Companies cry “naked shorts” while massively dilution their shares, and commonly gag their transfer agents to disguise that fact. It gives them the freedom to dilute and put into effect reverse splits, and then repeat the cycle over and over while maintaining a gag order on its transfer agent(TA). Its your right as a shareholder to know the outstanding share count. If the company gags their (TA) that should immediately throw up red flags. TA's never request that the company gag them. Its their job to answer phones and inform the shareholders.
*Many CEO's of OTC/Pinksheet companies love to tell sharholders that the DILUTION is really a poison pill to prevent the company from being taken over(lol yeah sure it is)
(special thanks to " Randy Glasbergen" for his hilarious cartoon, posted with special permission. For many more cartoons, please visit Randy's site www.glasbergen.com )
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