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Re: None

Friday, 06/21/2019 11:35:51 AM

Friday, June 21, 2019 11:35:51 AM

Post# of 1135
I don't believe a word Tony says. frown

And I think the latest PR should be taken with a huge grain of salt. frown

Note the word "will" in the PR:

Rise Distributions, LLC. will be owned 60% by Rise Therapeutics and 40% by Square Chain.ns, LLC. will be owned 60% by Rise Therapeutics and 40% by Square Chain.


But further down in the same PR was this:

Safe Harbor and Informational Statement

The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statement is not a guarantee of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements due to various factors including the risk disclosed in the company's statements and reports filed with the OTC Markets. The Company claims the safe harbor provided by Section 21E(c) of the Exchange Act for all forward-looking statements.


In other words,the PR might not mean a thing. frown

https://investorshub.advfn.com/boards/replies.aspx?msg=147575525

Penny stocks are specifically excluded from the provisions of Safe Harbor. Whenever I see a penny stock issuer claiming safe harbor, especially in their PR's, I KNOW they either have no clue about securities regulations, or are intentionally trying to fool investors.

Either way, it is a MASSIVE red flag and demonstrates the company is almost certainly not worthy of investment.


More Tony carrot dangling in the attempt to PUMP up the share price?

We'll see.



GLfolks

My posts are JMOs and musings. "You can’t trust anyone...most penny stocks are scams that are created to enrich insiders.”-Timothy Sykes