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Re: Greedy G post# 70933

Tuesday, 08/12/2014 7:49:18 PM

Tuesday, August 12, 2014 7:49:18 PM

Post# of 71458
An obvious scam is one where the company:
- never generates revenue (let alone profit)
- sells billions of shares to enrich insiders (trillions of shares on a pre-split basis in WGAS' case)
- masks the sale of shares by using real assets to falsely induce investors to buy equity

There are other commonalities to a scam, but these would be the core.

The paradox of iHub: buy high, sell low

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