InvestorsHub Logo
Followers 8
Posts 3893
Boards Moderated 1
Alias Born 06/28/2005

Re: pennstreet post# 36765

Tuesday, 12/27/2011 3:59:10 PM

Tuesday, December 27, 2011 3:59:10 PM

Post# of 45771
How to convert a penny stock scam into a legitimate business in four easy steps:

Prerequisite:

1. The Scamco's, "revolutionary", "billion dollar tech" will not sell.

2. The Scamco has exhausted its treasury shares.


Conversion Steps:

1. Have on-line stock promoters blame it all on the CEO.

2. Introduce a new CEO that is a true business man (A true bankrupted business man is optional.)

3. Have the new CEO/BOD authorized an additional 200 million (300 million optional) treasury shares.

4. Begin advertsing a new "Golden Widget" that is better than ever.

5. Agressively seek uninformed PP Suckers to buy the worthless shares.


Of course, this is standard operating procedures for any penny stock scam. Just look at Loch Harris/CDEX, they've performed this conversion at least FOUR TIMES:

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.