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Re: LCLiving post# 34637

Thursday, 07/09/2009 6:17:32 AM

Thursday, July 09, 2009 6:17:32 AM

Post# of 34706
Sadly, the typical pink sheet play. I, too, lost a decent chunk here. Given the amount of money scammed and the evidence trail, seems we could regain some of our losses via class action at some point.

As with most pinks, the lesson learned is to assume all CEOs are con-artists until they uplist to the big boards with audited financials. Of course, they're still lying then, but at least under more scrutiny and greater risk of repercussions if their lies are unearthed.

99.99% of all pinks are scams. Best to assume the other 0.01% are as well.