Ilustrato Pictures International Inc (ILUS)

[Willie1a]

DD ON THURSDAY'S CRASH...IMPORTANT

We can all agree there was nothing ordinary about somebody dumping millions of shares quickly at market right before we were about to get a major PR. A quick look at the chart made that obvious.

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I only watched the tail end of it, but a new MM (ALPS) was in the thick of it. Cache noticed it, and posted here regarding it.

So I googled "stock market maker ALPS", which led to a Utah based broker dealer called Alpine Securities, who specializes in micro-cap OTC plays.

https://www.alpine-securities.com/

Now when I scrolled further down the page I learned that they have been very bad boys. They lost a major case in Fed Ct recently whereby they were found guilty of hundreds, or even thousands of various violations.

https://wp.nyu.edu/compliance_enforcement/2019/01/10/court-upholds-sec-authority-and-finds-broker-dealer-liable-for-thousands-of-suspicious-activity-reporting-violations/

Apparently they had been accumulating shares in ILUS for the same reasons we have.

Next I called my golf partner (broker at Schwab) who said, as if I should have already known, "well sure, they are in deep s*#t; The enforcement arm of the SEC had taken it over and its rumored that the feds are closing all their open positions"

Apparently the feds don't care what they sell them for. He went on to say that it has been happening to several other otc stocks.

This was not small time players, it was a major institutional dump, and had nothing to do with dilution.

Unless ALPS shows up again, it appears safe to dip your toe in the waters at current levels.

Never stop learning young Jedis

Willie