Wednesday, December 12, 2007 12:29:30 PM
And, I don't see where this loophole has been closed under the latest rules on FTD's!
So, how can anyone really tell what the true picture is, as far as Counterfeit Shares, Naked-Shorts, FTD's, etc. are concerned?
The Market has got to become much more transparent, or nothing is going to change for the better in the Penny Stock World.
While, I believe that there are some crooked CEO's out there (not saying anything about SLJB, as nothing has been proven yet), I think that the majority of people in business are honest, hard-working & ethical. Besides, the CEO's & the Principals of the companies are easy to find, as they can't hide anonymously within the Market or the Internet, so IMO this would be a big deterant to most people!
Personally, I think that most of us here are being raped (financially-speaking) by a relatively small number of individuals, taking advantage of a system filled with loopholes & "slap on the wrist" penalties IF they get caught, etc.
John Good
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