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Re: Toxic Avenger post# 35431

Tuesday, 10/16/2012 12:00:17 PM

Tuesday, October 16, 2012 12:00:17 PM

Post# of 35802
And I didn't say otherwise.

I was responding to your statement:

Giving shares to a promoter to pump your stock violates SEC regulations and is certainly actionable against both parties, particularly when neither party discloses the transaction.



I still haven't seen a specific SEC regulation.

You seem to be implying, but you did not state, that you were referring to a "pump and dump" scam.

My point is that "pumping" or "promoting" by itself and taking compensation in stock is not against any SEC regulation.

I believe where Williams has a problem is that he was also giving trading advice to specific people.

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