Industrial Nanotech Inc (INTK)

[Demain]

Industrial Nanotech Stock Fraud ("Pump and Dump")

A typical “pump and dump” scheme begins with stock promoters loading up on stock of a microcap company. The promoters then “pump” the stock by disclosing fake “inside” information of the company and claiming that huge price gains will follow. For example, traitorking may say that "Large global firms like Lowe's, imaginary partners in Dubai, CAT, RCL, Exxon,Koch,Nestle are buying the INTK magic potions. Traditionally, “pumping” took place at a “boiler room,” where the promoters made unsolicited calls. Today, the promoters more commonly use the Internet to send unsolicited emails (spams) and newsletters, and post messages on bulletin boards and in chat rooms. If the promotion is successful, people will buy the stock. When the stock price increases, the promoters continue to “pump” the stock, while “dumping” their own stock. As the demand of the stock dries up, the stock price falls and the people who bought the stock lose their money.
https://www.law.cornell.edu/wex/investor_protection_guide_micro-cap_stock_fraud_%28%22pump_and_dump%22%29#:~:text=OTC%20markets%20lack%20transparency%20in,huge%20price%20gains%20will%20follow.