United Consortium Ltd. (UCSO)

[amadeus]

nothing. when you reduce the float to a few thousand shares, then sell new shares into the open market, the voice of the previous shareholder is essentially meaningless.

amazingly, its legal to do this. there are many repeat offenders on the pinksheet market that do this over and over... in the end their only true business is selling shares, as every business model they try fails. Its not illegal to start a business and fail. But how you do it matters.

I do thousands of stock trades. I get letters from the justice department all the time that I've been a victim of a crime. They catch a ceo, or a someone at a pinksheet company who has been running his company improperly, particularly how they handle the selling of shares, and they put them in jail. And I get a letter. It usually takes a couple of years or more. And by the time I get the letter I can't always remember what company it was. Some company I lost money on, and either sold for a loss or is sitting worthless in my account.

But it happens all the time. I have stacks of letters from the justice department.