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Re: boston127 post# 7715

Tuesday, 08/08/2017 11:07:09 AM

Tuesday, August 08, 2017 11:07:09 AM

Post# of 45833
Here is what I know for sure.
There was a market maker out of New York playing this one back during winter and spring. They were selling the stock in the 3.5 to 4 buck range at that time. They said they were working for the company directly to promote and sell the stock for them.
I contacted Sunset Island Group and they told me that they had never heard of them or ever hired them.
So from what I can gather Sunset had sold 4 million shares to someone for a lump sum to get the company going. The guy that bought the shares then hired the Market Maker to sell the shares for him. The MM lied and conned everyone they could into buying them at the high price. Then once the shares were almost gone they dumped the rest and tanked the stock as their usual routine. I have names and numbers of some involved and spoke to them as well. Those are the facts.
That all said in the end Sunset Island Group pulled it off and did get the company going. If the ones who bought back then still hold then they will get their money back and even make on this. I know some of them. I had bought a few myself but dumped quickly when I realized it was a MM con. I waited and watched and bought back 5 times the amount near the bottom when I realized Sunset would succeed.
That is all water under the bridge now and the stock price will run to what the earnings will let it go to. Much higher from here. GLTA !!