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Posts | 17177 |
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Alias Born | 03/02/2014 |
Friday, March 06, 2020 10:00:33 PM
Imo, rarely do insiders/CEOs in the OTC go to jail. To me, they (not ALL of them, of course!) seem to be able to do whatever the hell they want and ONLY the shareholders suffer. And ESPECIALLY if a company(CONpany?) de-registers with the SEC as NSAV did in 2017). They seem to be able to get away with much, much more.
https://www.otcmarkets.com/filing/html?id=12282149&guid=7KvCUFniGBQAuyh
Of course that was not long after Tilton said NSAV "will continue to be a fully reporting company."
https://www.marketwatch.com/press-release/nsav-announces-launch-of-medical-cannabis-technology-business-2017-03-13
There are exceptions, of course:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151410300
Imo, "Sneaky J" Tilton has gotten away with far too much for far too long.
But, alas, it doesn't seem to matter. Except to the share price and the shareholders.
And, apparently, there is nothing shareholders can do but suffer. And hope, of course, that in another year or three a company(CONpany?) such as NSAV might do better.
Oh, they can file SEC/FINRA complaints but do they actually go anywhere? I don't think mine did.
My posts are JMOs and musings at the time of posting them.
WARNING: Buying my shares might be hazardous to your finances.
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