MSB Global Capital Corp. (MSBM)

[makesumgravy]

This kind of stuff just reverberates thru out this sector. The SEC has it within their power to change things. I have been told a couple of times that 504's have been outlawed in several states and its because of these very reasons. Minnesota I have heard more than once. I would like to know how this was done?

The abuses are like and unlimited debit card. Its shameful, disgraceful to the integrity of our markets. Its worse than any shortselling on a senior.

I don't know who the real responsible people are other than our elected officials that can end this nonsense. End not only the 504's but the S-8's, making it impossible or at least nearly impossible for direct selling or kickbacks. Anyone and everyone issued shares directly from the company and chooses to sell those shares must file a 144 so this can be reported not only to the SEC but the IRS.

Caps not to exceed what the actual payrolls, for any hired employees not insiders. The only way then for companies to raise cash are thru private placements and whoever the parties are who may be backing the company should be made public. Anyone who has been given shares for serivces and or for raising cash, every share has to be accounted for, the reasons the investing public and everyones right to know if the company expects to remain public.