InvestorsHub Logo
Followers 24
Posts 2194
Boards Moderated 1
Alias Born 09/02/2001

Re: jb1967lbk post# 248878

Thursday, 04/17/2008 8:20:15 PM

Thursday, April 17, 2008 8:20:15 PM

Post# of 358440
jb1967lbk

It would have been quite easy for Edwards and crew to have flooded the market early on with phantom shares without anyone being the wiser. If you had the transfer agent fudging the ledger you would have the perfect scam. I suspect the plan in 2002 and early 2003 was to have massive dumping of shares while Casavants were holding restricted stock. They would have finished the company off if it hadn't been for the davidjmar episode. Urbie was too drunk and stupid to realize what was going on. The company would have gone under and they would have been free and clear if it hadn't been for the closet episode.

trade15

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.