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Re: ib12u post# 127799

Wednesday, 01/20/2021 4:06:17 PM

Wednesday, January 20, 2021 4:06:17 PM

Post# of 135227
No, A Pump-and-dump is an illegal scheme to boost a stock's price. These P&Ds usually target microcap stocks, simply reading the SEC litigation files will prove that fact. In addition, although federal securities laws provide a safe harbor for forward-looking statements made by a public company that files reports under the federal securities laws, this safe harbor is not available to penny stocks like HESG.