First Colombia Gold Corp (FCGD)

[Due Diligence Virtuoso]

Right, he saw fit to take shares and sell them on open market. Meanwhile he put out unsubstantiated press releases in order to dump his shares. What happens is these companies have SEC lawyers, and groups behind them in order to skirt the law. However they still end up in Jail, because intent to deceive or fraud is not hard to prove in Penny Land. So even if they start pumping oil they have to worry about litigation.