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Saturday, October 29, 2011 10:37:18 PM
I was also told that by investors relations at Mundus Group that they believe their company is being short sold by market makers. My conversation was over an hour and it is clear they are very concerned about their equity being stolen from them and their investor.
It is also clear that if anyone was dumping shares they wouldn't consistently ping down the price per share over the past few weeks, something that would be counter productive if your were trying to generate revenue. Hitting the bid with $3 or $5 worth of shares consistently day after day, hour after hour is something only someone shorting a company would do. Look at closing on Friday. I am fairly confident the fraud department of FINRA will be.
By the way, shorting is too simplified. There are more complex methods of stealing a companies and investors equity than this, but for sake of simplicity, I use the word shorting.
I also was told they would be contacting FINRA to try to blue sheet MNDP
I know this because I am the one that introduced them to one of the head agents of the fraud department of FINRA, someone I have successfully worked with before and will take action.
And there are laws against slander for the purpose of manipulating stock share price. But let's save that discussion for later.
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