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Re: None

Thursday, 03/21/2013 6:23:59 AM

Thursday, March 21, 2013 6:23:59 AM

Post# of 3956
Where is the PALS kiosk? It's simple - if they don't have a functioning PALS kiosk, like their material claims they do, then they are in violation of the law. Did you read the SEC finding against David Otto? If they can't produce a working kiosk, then they are doing the exact same thing he got fined and banned from participating in Penny stocks for. He did OK, according to the SEC he made over a million $$, the fine was way less than that.
That million did have to come from somewhere though, didn't it?
Do you really feel comfortable having Otto Capital sitting as the VP of Operations and sharing the same office as KLDO/KMSI?
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1. Summary of Action

1. This matter involves a fraudulent “pump and dump” scheme orchestrated by Seattle securities lawyer David Otto. Otto used falsified documents to secretly accumulate the stock of MitoPharm Corporation (“MitoPharm”), the developer of purported anti-aging products. MitoPharm engaged in an aggressive promotional campaign, touting the availability of beverages and pills that did not yet exist in commercial form, causing the stock price to more than quadruple. Meanwhile, Otto dumped his shares on an unsuspecting market, reaping more than $1 million in illicit profits.

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