InvestorsHub Logo
Followers 16
Posts 1846
Boards Moderated 32
Alias Born 08/11/2021

Re: archilles post# 117934

Tuesday, 04/25/2023 9:36:19 AM

Tuesday, April 25, 2023 9:36:19 AM

Post# of 118379
Just being technically accurate and precise with terms, that's all. I'm long, stuck with a heavy bag (can't trade on expert market), and agree the outcome is looking rather bleak. For the record, I hate reverse/splits with a passion regardless of the circumstances; inflating the PPS is a deceptive practice which serves to draw in new, unsuspecting retail investors. A case could be made regarding the morality and ethics of doing so, but as far as the legality of the matter... well, plenty of OTC CEOs have conducted business likewise for many years, even blatantly, and have not suffered any repercussions as a result. Usually the same CEOs resurface in the future under a new ticker symbol and simply repeat the process. Caveat emptor; learn the lessons and move on.

As far as your latter questions... they likely pumped and then dumped at the pinnacle and then shorted and distorted to where we are now. Since then, they've moved on to the next targeted ticker. Ergo, crooked CEOs are not your only enemies in this game.