8000 Incorporated (EIGH)

[SteveF]

Also stock solicitations coming from individuals who do not have a Series 7 or a CFA are illegal.

Those rules were written before the proliferation of internet message boards and are obsolete IMO - that's why I believe there's little enforcement for the promoters who use them to target ignorant investors. Prosecution would open a Pandora's box of First Amendment issues.

P.T. Barnum considered it his moral obligation to take money from those who were dumb enough to believe his hype.