Ivearnedit, I know what you mean.
"he unfortunate thing is their patsies, and you know who I am talking about are on the other boards praising them. While everyone is losing money. I think there should be serious consequences for conspiring to commit fraud."
But you have to admit that Talbot is a very very shrewd businessperson, unethical of course. He is very aware of regulations and knows just how to fly JUST BENEATH THE RADAR screen of regulators. At times, he has been exposed. For example, when he was convicted of securities violations with the Ontario Security Commission. The stock no longer trades in Ontario and you wanna know why? FINANCIALS not produced in a timely manner. Think about those stockholders over there in Canada? Longs will always point out 'oh that was years ago'. Yes, that was years ago, but he has a pattern here that cannot go unrecognized that continues to this very day. I mean look at the financials for the period from July 2003 to June 2004? And in some cases, if he gets caught he knows it might be just a small fine (um you know just the cost of doing business?!?).
I don't know how the longs continue to praise a man that continually dilutes their shares and the stock keeps dropping. Again history is in order. The stock has changed symbols a couple of times and has had reverse splits. The stock's been around since 1997 and for 8 years running if you adjust for pre-reverse splits and name changes, this stock has dropped about 99%. And yet the longs praise Talbot for this, incredible. "conspiring to commit fraud", no doubt about it. But you know what Talbot would say: there is always risk in the stock market. Talbot was able to continue his fraud and found a new pool of gullible investors (including myself) when he was able to move to the Pinksheets. And frankly, I don't even need to say IMO, in my opinion, or none of that hogwash. Whats Talbot going to do--sue me? Bring it on. He knows he won't do it, because then I would counter-sue and say 'OK produce the financials in court so we can match up the PRs with the money trail.' You know with all his so-called businesses and 'companies' he owns and collaborations with 'companies' you would think this company is a multi-billion dollar organization. In Talbot's view and the faithful longs view: Perception is reality.
AI
