Monday, March 27, 2023 1:43:57 PM
The SEC is widening its war on toxic funders
https://www.linkedin.com/pulse/sec-widening-its-war-toxic-funders-steve-taylor/
...Reg A shares are immediately free-trading. That makes it much more attractive to many investors compared to restricted securities sold under Reg D exemptions, but it also is definitely more attractive to those looking to make a quick buck by breaking the law. ...
...To make money on their toxic convertible loan, these funders require volume to dump into. Lots of volume, because they have a lot of stock to sell. Thus the need for lots of promoters, most of whom are non-disclosing as telling the public they are getting paid to pump, and who paid them to do it, would scare even the most die-hard penny plunger away...
Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..
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