MSB Global Capital Corp. (MSBM)

[makesumgravy]

If a person or organization sells any type of security to a group or individual without a license they are breaking the law, and more than likely are committing fraud, and more than likely will be arrested, fined, and do some jail time, especially if its associated with charitable foundation. On the flip side if an individual, or organization obtains a license through the SEC and commits fraud its as legal as issuing a drivers license to the known town drunk. In some States it may then take any number of convictions for OWI, or DWI, or someone other than he or she has been injured, or killed before a revocation, and jail.

The SEC perpetuates fraud by allowing these bums to go public without a profitable private enterprise that can be substantiated by an accountant. In addition to this every one them should be held accountable thru quarterly, and annual filings, and enforce Sarbane/Oxly who aren't timely in doing so. If they cannot afford to file they can't afford to be public, and no one should be able to able to obtain the right to sell securities based on a business model or idea.