What do you expect? It's the SEC. They are always trying to make an honest businessman look like a crook. The SEC would probably tell you it's illegal for me to sell you paper stock that didn't have any real value. I mean come on! Everyone does it.
Freestone Misappropriated Funds Raised to Develop the EncapSol Product-line
Instead of spending monies raised in the name of EncapSol on full-scale demonstrations of EncapSol to eager customers -- Freestone’s CEO and board of directors misappropriated company funds to shop for various Attorneys who, despite all the evidence to the contrary, would assist them to concoct a legal cover-up to fraudulently blame Shultz and ESSI on false pretenses for Freestone management’s own failures – in order to divert blame and scrutiny away from Freestone management’s own potentially criminal behavior and unfit mismanagement of the company.
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