Tuesday, November 17, 2020 6:41:30 PM
One part of the punishment is that the CEO cannot be a CEO or even a board member of another OTC for 5 years.
BUT that's no big deal because Jimmy is just the CEO in name only as other people who are not attached to SGMD that make 95% of the money raised and are not part of the SEC enforcement.
Even though the CEO is banned, the ones who really run the show just move onto another CEO on another pump stock. They find a new person to be CEO and use them like they used Jimmy. Jimmy will be lucky if he makes $1,000,000 after all this and that is a stretch.
Jimmy may not be a CEO for 5 years but the pumps will continue over and over using new CEOs to fill the void.
SEE!
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