Dump The Pump

[scion]

Funny stuff - a non-denial denial.

ALLEGATION – FRAUDULENT POSTINGS BY AGORACOM

The OSC allegation of fraud pertaining to traffic and activity on client HUBS is unfounded and without merit. AGORACOM initiated conversation on some client HUBS to simply act as a catalyst to spark conversation amongst members and forum users.

As a new medium that is still unfamiliar, the initiating of conversation was also meant to remove inhibitions of members that often feared being the first to post or “sound stupid”- a dynamic that is common to most social settings.

Tsiolis added “We are all acutely aware of the dynamic in which complete strangers are brought together into a community for the first time and the inhibitions that prevent people from interacting. From our first days in school, to our first high-school dance, to the local town hall meeting, people are naturally afraid to be the first to speak or act. The minority of people that do tend to speak or act first tend to be the best, brightest or loudest in the group, which further drives the inhibitions of the majority. My extensive face-to-face experience with small-cap investors has shown they are no different. I have heard time and time again about their fear of asking “simple” questions that might demonstrate a perceived lack of knowledge, or contributing information that isn’t “smart”. We helped those investors open up and begin sharing their knowledge.

http://blog.agoracom.com/2010/04/01/agoracom-responds-to-osc-allegations/