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Re: I-Glow post# 57930

Wednesday, 06/20/2018 12:06:35 PM

Wednesday, June 20, 2018 12:06:35 PM

Post# of 96840
You’re correct. I came across the “attorney” mentioned on a scam stock he supported - As CSO and Chief Counsel, Basile used Toxic Financing to destroy Shareholders of his own company.

The article written by a ambulance chaser - and I feel confident in saying he doesn't practice securities law:

https://www.thebasilelawfirm.com/single-post/2018/04/12/THE-FRIDAY-THE-13TH-CONVERTIBLE-NOTE-MASSACRE

Here is a example: "Also, the costs and documentation to get a 3(a)(10) settlement is almost prohibitive"

The 3(a)(10) exemption scams I have followed - the company insiders are involved - it goes like this - fake loan - default on loan - lawsuit - lawsuit settled with one to two weeks - with the 3(a)(10) exemption included in the settlement - do the cost is minimal.

I haven't noticed a decrease in the convertible notes being converted.

I believe this started with the CRGP scam involving COR and Alpine.

Please feel free to correct anything that I posted that isn't accurate (everyone).

I haven't read anything from FINRA or the SEC about "rules" changes.