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Re: dragon man post# 1741

Thursday, 06/26/2008 3:49:41 PM

Thursday, June 26, 2008 3:49:41 PM

Post# of 4953
dragon man I totally agree, the msrm fraud was put into action when the shell was bought as a vehicle. I think two streams of share capital existed: one for the acquisition and another for the boiler rooms. This split was planned and executed by a kind of consortium that was laundering money from whatever source [we don't know].

I think it's actually commonplace for these shells to be fronting dodgy financial manoeuvres and by the time everyone has worked it out the boiler room has skimmed off the money, everyone has been paid off the the "investors" are left to sort out the mess.

Many of you guys have bought the resulting stock on the pink sheet market, but others such as my parents were pressured by boiler rooms into buying at the ridiculous price of $5.25 back in 06.

This stuff is not going to shift for a while.

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