Telkonet Inc (fka TKO)

[siriusadult]

SEC Gets The Bad Guys - Pump & Dumpers Strike Again

http://www.sec.gov/news/press/2007/2007-115.htm

Washington, D.C., June 14, 2007 - The Securities and Exchange Commission today filed suit against the principals of a micro-cap technology company as well as two securities lawyers for their role in an illegal "pump and dump" scheme. The Commission alleges that Arizona attorney David B. Stocker and Texas attorney Phillip W. Offill, Jr. assisted Michigan-based AVL Global, Inc., in a scheme to dump millions of shares of AVL Global stock into the marketplace without any public disclosure of the company's failing operations. In the same action, the Commission also charged Peter W. Fisher and his son, N. Tyler Fisher, the principals behind AVL Global, for their roles in the scheme.


HAHAHA..I thought MAYbe this could be considered 'interesting reading' for those who encourage holders to DUMP first, then they buy the shares that were dumped, then PUMP the stock, so they can sell their shares...instead of Pump & Dump, how 'bout a Dump&Pump? What do you think of that, MLK?