InvestorsHub Logo
Followers 0
Posts 3
Boards Moderated 0
Alias Born 04/02/2012

Re: gte_gold post# 16807

Friday, 04/20/2012 1:04:56 PM

Friday, April 20, 2012 1:04:56 PM

Post# of 16828
GTE, this is where you are wrong and have been misleading people on this board. Shell companies cannot create new shares and sell them and raise capital unless they are a reporting company. They can only trade shares. Most shares of a shell company are restricted from even selling their own shares. To create a non-restricted share it can only be done from debt or becoming a reporting stock. Believe me, many a pink stock have created free trading shares from debt and give to a promoter in hopes of getting some return. From what I've experienced, the promotors run it up or dump it and keep all the funds for themselves.

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.