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Re: fxsho2008 post# 45128

Wednesday, 06/08/2011 11:30:15 AM

Wednesday, June 08, 2011 11:30:15 AM

Post# of 52029
It is not scamming. Raising capital is any company's good right. That is the basic reason for a company to go public in the first place. It is not illegal to raise as. A company can use this additional money as they wish. Just because they dont file, we have no idea whatthey are spending it on . So why would he go to jail ? Paying out parts as compensation to 'consultants' is not a crime either. They have the majority of the shares, so can do what they want.

Just for that money right now, imho they are not trying to grow the business for the other common shareholder, but again that is not criminal.

Just that way u shouldnt expect it to become a billion dollar company, but it is doing more than alright for its majority shareholders.
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