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Wednesday, August 12, 2015 4:59:29 PM
The SEC defines "marking the close," which is illegal, as "attempting to influence the closing price of a stock by executing purchase or sale orders at or near the close of the market."
The bad news is that this has been going on for months without intervention by the CAPC executive which would seem to render them complicit.
The good news is that using that to show a lack of responsible governance might be the lever needed to force the company into compliance with accepted regulatory standards including, but not limited to, replacement of the majority of the Board of Directors with independent representatives having marketing, business administration, and engineering experience and beholden to all shareholders.
All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)
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