InvestorsHub Logo
Followers 27
Posts 2968
Boards Moderated 0
Alias Born 04/14/2014

Re: joerich post# 76820

Wednesday, 06/04/2014 1:16:08 PM

Wednesday, June 04, 2014 1:16:08 PM

Post# of 123645
Exactly. Zero cost basis and freedom to issue registered shares. It's a printing press for the insiders and I think it's being used extensively. When the shit hits the fan and it's discovered that 8k's, 4Ks and all sorts of other filings were not done people should be led off in handcuffs. Won't happen though because no one cares enough at the SEC to do anything about it. It's too small a deal and a large bunch of day traders trying to make $400 a day off of what amount to legalized gambling doesn't interest the US attorney nor the SEC. I've seen it happen so many times and it is terribly frustrating. If it's not front page news it's not worth chasing. Hat to see people fooled and convinced to buy based on voodoo math, impossible dreams and unsubstantiated hype from people trying to suck out that $400 a day but they keep falling for it.