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Re: Chartman17 post# 58216

Wednesday, 05/09/2012 10:51:40 AM

Wednesday, May 09, 2012 10:51:40 AM

Post# of 113928
MMTC is shorted because it is going down in share price. People with investing knowledge know that dilution drives the share price down and makes the makers on the thin side drop the bid in disgust. If a pink or bb stock is shorted it is the financier, afterall, he controls the downward pressure and knows all the inside goodies.

A fella I know from Norway has his own small offshore financing organization pitched in the Cayman's. He lives in Rio and works maybe two months a year with the arrangement of a couple deals with companies like MMTC. He told me there are so many companies with nothing to sell that it is unbelieveable...... and laughs at people who try investing in them. It is all legal.

Caveat emptor and all that. My point is there are probably hundreds of companies and shells selling nothing for the sake of making money from knaive investors.

No. He is not involved with MMTC.

You can buy a shell for $750,000 and start your own scam. Anyone can do it.