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OTC Scam Companys (fka FAKE) RSS Feed

Followers
7
Posters
19
Posts (Today)
0
Posts (Total)
37
Created
10/05/06
Type
Free
Moderators
This is a board for discussions about OTC companies that have all the characteristics of being scams. Companies who started with a reverse merger into an abandoned shell and immediately started raising capital for some insane or unworkable idea by issuing convertible debentures to toxic funders. Sleazy management types who are forever issuing doublespeak, double entendre PRs that seem to insinuate the company is on the verge of a major "breakthrough". Then later, when the SEC docs are filed you find ourt that the PR was meaningless..designed as a vehicle to spike the share price for the toxic funders to dump their converted shares to suckers on the open market. Everybody knows a company or companys like this and have the names of sleazy scammers posing as CEO and corporate attorneys who run them. It is the mission of the board to contribute and archive info about these scams and do whatever possible to see that, if they are indeed crooked, they have stolen their last dollar from naive shareholders at least on the IHUB boards.
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Posts (Total)
37
Posters
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Moderators
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