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Re: zakattack post# 214748

Monday, 04/03/2023 2:51:54 PM

Monday, April 03, 2023 2:51:54 PM

Post# of 222394
You can’t take legal action and win. When you invest and you agree to buy the stock with the disclaimer that the company may not achieve their goals and you could lose all your money and you still invest, they can’t be legally responsible.

They would have to say they WILL MAKE MILLIONS or THEY DID CREATE THE ENTITY. Its always we MAY we COULD we WILL LIKELY. When they use may, could, likely and they don’t, they are not liable.

Trying and failing is not a crime. It’s the same as buying a lotto ticket, they say YOU COULD win but probably wont. SO you cant sue them for not winning the lotto. Both are the same.

The SEC does not prosecute, they accumulate data and IF the company lied or broker the lay they pass it to the DOJ but most cases the disclaimer means the SEC cant tell the DOJ to arrest them or charge them when investors took the risk knowing it may likely fail.

Even if you decided to sue them the lawyer will see you agreed to the terms and have no case so they would require a retainer knowing you wont win and they wont want to work for free hoping for a victory.

Even if you did want to sue they would want $20,000 retainer and most did not invest that much. If you did invest more then $20,000 you should have done your DD but most OTC players do $100 maybe $500 so why pay $20,000 to get back $500 even IF you won the case which you would not.

This is the way the OTC works. If you see DEBT, HUGE authorized you can bet it’s a pump and dump.