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Re: FloridaFH post# 62586

Friday, 06/08/2012 12:11:28 PM

Friday, June 08, 2012 12:11:28 PM

Post# of 75399
I guess the question is are there legal ramifications for creating a fictitious BOD in order to inflate the stock price? Since it is a pink sheet stock would this ever even get that far? At the risk of stating the obvious I would assume you would have to show proof that the persons who devised the scheme/fraud already have benefited directly from it. My guess is that if this is a game that is being played the folks who devised it have thought all of this through. I have little knowledge of the pinkie world so I have no idea where you would start as far as initiating any inquiry as to whether laws were broken or not.