InvestorsHub Logo
Followers 12
Posts 932
Boards Moderated 0
Alias Born 04/07/2002

Re: CarltonH post# 140756

Thursday, 10/27/2011 1:05:04 PM

Thursday, October 27, 2011 1:05:04 PM

Post# of 159752
" Precisely What is there to pump and dump. "

A pump and dump scam is the illegal act of an investor or group of investors promoting a stock they hold and selling once the stock price has risen following the surge in interest as a result of the endorsement.

Read more: http://www.investopedia.com/ask/answers/05/061205.asp#ixzz1c01mu6Cw

All this is recorded on this board in August of 2005, months after the Pino part of this scam!


" Interesting how you got to know about the property. "

If the " property " that was pumped here has no merit or does not exist. I believe the people that promoted this asset were definitely involved in the Pump and Dump that took place here.
Let`s just say the Devil is always in the details.

" Not bothered about the SEC they could not find PINO to enforce judgement - but we did. "

I`m not sure why you would bring that up, as it has nothing to do with my question to you. Let`s have another look at my question to you. Please note that Pino`s name was NOT mentioned by me.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68378900

OK Mr CarltonH, this request is in regards to your post Re:post# 140450 where you stated the following.

"The putting the real estate business into the shell was genuine."

If that is the truth, I will give you the opportunity to show that Mr. Megas had control of assets in 2005, that came anywhere close to 60 Million Dollars in Real Estate Holdings.

If you can`t or won`t show this to be true, I intend to contact the U.S. Securities and Exchange Commission, and report this situation as a Pump and Dump activity. Hoping we can clear this up and be done with it!

Thank you.

" Of course the property business was in Europe not SEC regulated and is no longer active. "

Sir, while the " property business " in question may not have been SEC regulated, at the time, matters not. If it was used as catalyst in an attempt to sell shares in the Market! You have to know that it was an illegal act to do so!

" Explain to us how that can constitute Pump and dump - but you seem to know more about that than the rest of us."

What I do know is that there was some very suspicious behavior that went on with this empty shell from people on these message boards and the Management of this so called " company ".

I need nothing farther from you at this time as you have made yourself and your opinion crystal clear.
Good Luck!
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.