New Shell Stocks (fka )

[Jayman5000]

Thank you for the link, that's an interesting read. A definite cautionary tale for doing some DD before plunking money down on a company, especially one undergoing promotion. In the end it sounds like the SEC and FBI did a nice job and got their men, score one for the good guys.

Arcaro's part in the story ended when he sold the shell, correct? There was no mention of his being involved in the later scam portion and he is obviously out and about conducting business these days.

From the perspective of a speculator following reinstatement plays are there any differences between receiverships and custodianships to be aware of?