Tautachrome Inc (TTCM)

[jpinvest14]

If you file a PR for say a fundraising effort aimed at raising $50 million, then you raise zero dollars, there is a question about whether or not that PR was market manipulation. Again, this has been litigated in the past.

That would be determined based on whether or not there was a basis for that PR. That basis can’t be “well we just thought $50 million was a good number.” You don’t just get to file random PRs that have no basis in reality. So, in the case of a lawsuit, a court would look at the facts and circumstances and determine whether or not the events discussed in the PR were connected to some kind of transactions that were likely to occur. If not, it could be considered market manipulation.

The SEC rarely enforces these rules because it’s the OTC market and everyone is doing it.