Starfleet Innotech Inc (SFIO)

[pegasus1]

Agree 100%. All of the officers had a duty to protect shareholders. Odds are there will now be a class action lawsuit as lawyers troll for this kind of snafu. I personally hope that doesn't happen as it probably won't benefit shareholders and only drive the price down if we survive this DTCC lock issue.

Frustrating. I don't get the TS defenders who say he was screwed. Would perhaps believe he may not have been aware of the rules and might have been manipulated by unscrupulous promoters or scammers, but that's no excuse. Know the rules or don't try to run a public company.

In a past life I worked for a publicly traded OTC/pink sheets company. The number of unscrupulous vultures and scammers that targeted the company daily was unbelievable. Quite an industry out there, scoping out the pinkies and BB's who are typically strapped for capital and desperate for funding.

Off my soapbox now. Got taken on another OTC/pink sheet company only a year ago. EGMI. Still waiting for something to happen. Class action lawsuit, bankruptcy and lots of unanswered questions.