The recording is about 1hr 20 mins (maybe a little more), but Mark left after a little over an hour and the host answered questions from somewhere for the remaining time (I stopped listening at that point). The first 5 minutes or so were about overcoming 'is this thing on?' technical difficulties.
I'd recommend listening to it. In addition to the bits I've already pointed out, it's a killer introduction to the dangers of penny stock trading, given that so many penny stocks (especially new startups) are funded by toxic lenders. After an initial pump via PRs, if there is an initial bump in the stock price at all -- as often there is not -- so many of them ALWAYS and ONLY go down, down, down because of dilutive funding.
Also, those companies are NEVER selling directly to retail traders, so it's never true that the company (the evil CEO, etc) is directly stealing investors' money. Those companies get their money from their financiers, who make their money back by dilutive conversion.
Does that let companies off the hook for ethical responsibility to shareholders? Yes and no, for (up to now) those financial structures are legal, so technically what is legal is ethical. But all of those companies know what will happen to their share structure, so it's still true that retail buyers are 'supporting them' by paying back their financiers. Also, but only at best, the financials will publish what sort of funding they have received (convertible shares, warrants, etc.) which, sadly, are all forms of dilutive financing.
