![](https://investorshub.advfn.com/uicon/201666.png?cb=1472486869)
Thursday, February 05, 2015 3:41:16 PM
It sure sounds exactly like what he's doing, especially when he just up'd the AS to 3B.
He gets a $50k loan for $100k worth of stock at .0001. The investor sits on it for a year and then sells into the market, making $50K plus! He has no obligation or requirement to report these transactions.
He doesn't even have to pump the company because the investor makes money at .0001.
In a few years, he disappears and the company folds.
And its all legal. The SEC allows these PINKS to rip people off via this loop hole.
???
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM