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Re: pammy post# 136517

Tuesday, 01/01/2013 12:00:58 PM

Tuesday, January 01, 2013 12:00:58 PM

Post# of 137667
You blame the DTCC for their demise? rotfl. It was Peter and his buds selling unregistered shares into the float, plain and simple. What did Peter not do? He had to have known of the illegal Attorney letters of opinion to unlock the shares for sale by Carnes and his buddy.

As for Peter, he dreamed up all sorts of business initiatives that were either bogus or just plain stupid, i.e., wholesale Aussie chassis parts, selling custom parts for a couple models of Pontiacs, and the biggies: Trying to build kit cars and sell them as something other than a kit car (anyone could buy the kit and build them) and support of the magic motor BS.

DTCC and the SEC did exactly what they should have done. Too damn bad the SEC sucked up the money from the prosecution and not the stockholders.

Welcome to the scam world of the OTC:PK market. Just can't wait till we get "crowdfunding" that Obama set up with the new Jobs Act....what a crock.

Happy New Year to all that got slaughtered by RVGD.

The OTC market is full of hustlers and shysters. Most investors/traders lose their butts in this swamp.