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Re: DWillie post# 63431

Wednesday, 02/19/2020 12:48:22 PM

Wednesday, February 19, 2020 12:48:22 PM

Post# of 73929
In most cases with these OTCM scams like GRNF - the CEO doesn't sell his stock - but there is a multitude of ways for the CEO to profit.

And the CEOs are always bragging about not selling a single share but they are enriching themselves in other ways.

One way is too issue a press release about acquiring a fake company like Squad Drone - "The acquisition includes all Squad Drone assets and technology, and 100% equity in the business."

The company isn't registered as a business entity in Washington - it is a one page website - so Costello says he is acquiring Squad Drone in a all stock deal - so Costello enriches himself with stock but there isn't any disclosure that Costello controls the company that GRNF is acquiring.

Now, Costello has shares to dump but doesn't disclose he controls the stock.

And Costello will still say that he hasn't sold a single share.

That is why it is very important to understand how OTCM scams operate.

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