Some of the BS that has transpired here is covered under the Safe Harbor act, but not all of it. Recently a whole slew of OTC stocks were investigated by the SEC for misleading Pr's (adequacy and accuracy of publicly available information):
We've had a multitude of those here, but we've also had illegal shorting by the Cd holders directly or indirectly via a third party. Illegal shorting is not covered by the Safe Harbor Act! Riss himself sold a CD prior to the run up..do you honestly believe that he didn't in some way profit from that transaction?! I've made peace with losing my investment here, but I guess you haven't. Yeah, if they drop a nice PR (waiting with baited breath here!), we may salvage this, but in the absence of such, I don't see any "unlocking of value" for shareholders here.
The long and the short of it is that we got pumped and dumped. It happens all the time on the OTC, but they left too many bag holders with this play and they were quite sloppy in their execution. Sorry, there is enough fodder here for the SEC/FBI to sink their teeth into. I'm focusing on other plays and on the road to making my horrendous paper loss on this POS back. If "they" resurrect this turd, well and good...Riss and Fanning may be "motivated" to step up to the plate and right the ship here. I personally would like to hear an update from Fanning and would also like an update about those "big" transactions that Riss was working on...won't hold my breath though!
I will peek in on the board occasionally, but I won't be posting everyday. Others here can feel free to Pm me or Bankshot with any information they deem pertinent to moving our "complaint" forward. I wish all the shareholders well and I do hope Riss steps up sooner rather than later...his time has almost run out. .I believe Bankshot will be ready to roll in 2 weeks. He must collect all the relevant info (he already has a boatload!) and present it in a way that facilitates a criminal investigation. The Safe Harbor Act isn't a large enough canvas to cover all the skullduggery that has transpired here.
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