There was a time in American history when people went around selling bottles of liquid anything claiming it could do amazing healing; when people would cheat other people in business by making false promises and lying. The government initially wasn't going to do anything about it. After a bit,government realized that people just were not going to be able be in business unless rules and boundaries were established, because it all falls apart if some try to do business while others lie and cheat. It sounds like, from what I've been reading, that companies that are pinksheets are living freely in the "old" days of lying and cheating, and that being okay. As far as I'm concerned, there are supposed to be rules of fairness involved here. It looks to me like this is a conspiracy to cheat the average worker out of their property. And I mean a conspiracy between the SEC, the stock trading companies, and the "fake" companies. To have a conspiracy, there has to be communication between the parties. I include the SEC because they communicate to the stock trade companies and the fake companies how the worthless paper is to be created. The companies provide the worthless paper to the stocktraders to sell on their behalf and give part of the money to the fake companies. The SEC takes its rewards by periodically dipping in to the funds of the fake companies and stock trading companies with pitiful "fines" that do what? Reward SEC employees with salaries and bonuses. The fines are never(?) more than the fake companies' gains nor does anyone do any significant jail time or lose property. Do they? I, as many of you, thought I was supporting a ligitimate company to succeed, and in the end lost a lot. I don't appreciate anyone saying that it is my fault because I am sucker for not selling (or any of you also who hung on); or that I (and many of you) hung in there out of greed! If we had sold, then we would have just been dumping on someone else, unaware, who would have lost their money also and that is not right. A month or two ago, someone wrote a post about how stocks and executives of companies should have salaries ties to the income of the company (not money from stock), etc. and then these scams wouldn't happen, at least not so easily. That sounded like it was something that could be implemented. But that is not how things are now. So I say, we need to all complain that the SEC, the stock trading companies, and these pink sheet companies have committed conspiracy against us. I think it might be the FBI that we report this to and get investigations going. This handful of companies cheated people out of millions of dollars. The amounts that people have been cheated by these "small" companies must be astonomical! And the SEC employees are living high on the hog allowing this! I don't have any physical proof, but I would like to join in on an effort if we all could pull some information together. Starting with SEC publications and rules, their pitiful lawsuits asking for nothing for the shareholders, just money for their own agency! Give it some thought and let me know. I am only allowed public posting and 3 per day. Thanks for reading.
AI
