InvestorsHub Logo
Followers 27
Posts 1215
Boards Moderated 1
Alias Born 06/05/2014

Re: nwsun post# 207982

Thursday, 04/09/2015 9:56:46 AM

Thursday, April 09, 2015 9:56:46 AM

Post# of 341664
Yes they do. A "successful" scam is one that doesn't get busted. In the Penny World this is done by surrounding yourself with all the trappings, making sure it is all technically legal, feeding newspapers hungry for a story... or out and out buying articles. When Shearin was on CNBC that was the coup of all Coups. But CNBC was looking for an interesting story in conjunction with the Colorado legalization, Shearin was johnny on the spot. Newspaper articles notoriously get things wrong constantly, especially reporters for local papers who are as susceptible to a con artist' charm as anyone else.

Look, Bernie Madoff was right under the SEC's nose for years and managed to escape prosecution until more recently. Whether he bought off guys in the SEC we don't know, but a good scam goes through the motions.

Understand that I define "scam" to be a company that never really plans for their "product" to make much revenue... it is all about selling shares. sorry but if you look at this company's history for over a decade, they fit the bill.