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Can't argue with anything you just said, but the fact that they just announced that George Sharp is working for them makes me think that they are not totally blind to the problem and working towards fixing it. And I do believe that they act on certain promotions like the mailers on $EPTI. And I don't believe that the SEC comes to them first. The SEC, like the FBI, does not talk about their investigations and certainly not to a for profit entity like OTCM.
I don't believe that you can make the statement that the SEC didn't take any lead from OTCM. I have no doubt that OTCM brings certain situations to the SEC's attention. Don't forget that OTCM's compliance office is also in Washington. In this case, it is entirely possible that OTCM saw the mailer piece before anyone at the SEC noticed it and that OTCM informed the SEC about it. The SEC takes leads from lots of resources including individuals. It's called the Whistleblower Program.
I wouldn't be so sure either way. But it would foolhardy to believe that the SEC and OTCM don't communicate especially when OTCM is the predominate market where this crap trades. And the OTCM does not make money on Pinks so it doesn't care. I think it would rather not have these scams on its platform.
As far as I am concerned $EPTI had the suspension coming and it was predictable. That the investors chose to be involved with a dirty get rich quick scheme is their decision. One that is no worse than getting involved in a game of three card monty.
Well not entirely. OTCM and the SEC and FINRA do confer and I have no doubt that the SEC knows when a ticker gets tagged with a CE. Whether they investigate the CE or not is a different matter.
10 days and the to the Grey Market where it will probably open at 20 cents and go south from there.
Horse feathers!
If it is true that these companies are doing business with EPTI. It wouldn't be the first time that a pumped ticker lies. I remember when DNAX said it had a deal with Coke and Coke made them come out and refute that.
A personal vendetta? I doubt it. But I agree that OTC markets seems to pick and choose their CEs. That may change now that George Sharp is on board. And OTCM and the SEC are hardly buddies.
A $26 million market cap on a company with $475 in assets is a scam. Period.
and to teach suckers who buy into the scam, that scams are tenuous.
You buy into a scam and you take your chances.
It doesn't matter if the company was involved (which it was). The public was being scammed and the SEC's job is to stop the scam. You expect the police to stop a robbery, don't you?
You were saying?
Even Stevie Wonder can see that they will dilute this heck and then reverse split. Another Luke Zouvas scam.
What a scam $VCPS is!
$VCPS shareholders are being taken for a ride. Watch that big bid disappear.
well once a scam, always a scam
I believe that $PGPM had quite a boiler room operation pumping it and some social media pumping as well. OTC Markets has not been very diligent about applying CE tags so if they slapped one on this, they must have had a good reason.
$VCPS moves very easily. Towards zero.
Well actually they can sue the same person. Just not for the same causes of action.
$VCPS has taught a lot of lessons. Like don't buy into an obvious scam.
More like 13s and the 11 bids are almost gone. $VCPS is a scam
Thius trading makes plenty of sense. It's a Luke Zouvas deal and guaranteed that the printing presses are continuing to churn out certs.
at no point in this day did it look good
"looking good"
Is today opposite day?
And therein lies the truth as to why the stock was dumped. The question is why did the T/A lie?
Is that why 300 million shares traded in the last 6 weeks? Because it is thin?
Let's really be honest, there's an unlimited number of shares. Another Luke Zouvas scam.
The bottom for $APRU is zero. It is a scam.
$AZFL is moving down today because nobody believes anything that this scam has to say.
$VCPS is not thin. More and more stock comes out. $VCPS is a scam and this run is over.
Sure. $VCPS is a scam run by a crooked lawyer. Basic rundown complete.
So you're saying that this will be a nickel tomorrow? Aaaaaahahahahahahahahahahahaha!
No it really couldn't. Will never see a nickel again.
400 shares @.0022 at the close for a cool 88 cent trade
I expect that the upcoming financials are going to show that there are 3 or 4 hundred million shares outstanding, although I called the T/A on Friday and they said that there was still only 52,282,966 shares out. No way this thing trades this kind of volume and continues to get whacked if that is true.
I used to be a fan here, but if there is only 52 million shares out in this POS I'll eat my own feces. I don't care what they report, I don't believe it. More than 52 million shares were dumped from a nickel.
What a joke. First they pump so insiders can dump shares, then they sell the "asset" so that the pump can resume on another ticker. Guaranteed any money the company sees will go to conjured up debts and salaries. Shareholders have nothing.