Thursday, January 28, 2016 10:43:17 AM
This is right out of the old Eddie playbook.
When the DTC put a FREEZE on Eddie's PRPM Vakser's solution was to acquire another ticker (SUTI) with a promise to make PRPM shareholders "whole" by giving them a "dividend" consisting of shares in SUTI.
Of course the dividend shares never materialized and SUTI shares went down the dumper anyway but it looks like Kent (and Eddie) are looking to move the TDEY assets (such they are) into some new trading vehicle in order to sidestep FINRA.
Just classic stuff.
Go back further and see what ARTS shareholders were promised. Dividend shares in PRPM perhaps? Never happened, of course.
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