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Re: phantom1 post# 192102

Thursday, 07/15/2021 11:59:45 AM

Thursday, July 15, 2021 11:59:45 AM

Post# of 192592
A grey market shell is worthless. It's like buying a used car that's worth $2000 on the open market, once $3000 worth of repairs are completed.

A RM OTC shell that is current, depending upon liabilities incurred are selling for 50 or $60k. A clean OTC shell, upwards of $150k.

Now for about $1000 or less, someone can open a US llc, spend $150 for licensing through the state SOS, and throw out a news release about their intent to reverse merge a company into the worthless shell.

I suspect some idiots with a bunch of worthless EESO shares are behind this so-called marketing company RM that will never happen; but they were able to get the gullible to "average down" to their own peril.

This is a very common occurrence. Will they get caught is the only question, since the "average down" crowd looks to be thinning.

Exposing more capital to risk on a Grey Market scam is stoopid.

Full stop

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