Admittedly there is probably some exaggeration from both sides on this one. However...
One comment on the lawsuit. No other Longs are joining the lawsuit. The greedy dude already made it clear that he is not in it to help anyone but himself. I'm sure he is expecting a small settlement out of court, and a class action would hamper that effort.
On the BOP* trading halt, the company initiated the halt due to the idea that the stock was being unfairly targeted by the Shorts. FINRA investigated, and I would assume they looked at both the pump and the dump, and as far as I can tell found nothing...hence the stock is trading again. Even if APS is crooked based on past experience, nothing they have said so far is illegal with regard to XUII. All they have done is reiterate the PR's as published by XUII to their subscribers. No different from what everyone on this board says one way or the other.
Shorts do trade on the OTC, though I'm pretty sure there aren't 100 million shares short on XUII. Shorts can and do get themselves into trouble when there is a good stock with some potential. Check out the recent PR from LOT* on possible illegal short manipulation of the stock.
XUII has real potential with the star power they are bringing. If they give 4 million shares of stock to one of the most popular people on Facebook as payment for exclusive rights to stream his event, I'm sure he is going to be interested in the success of that stock for a better payout than a few cents per share. I would be interested to know if he has to wait a certain period to cash in or not. My guess is he doesn't. Anyone else have an opinion on that?
Just my 42 cents!
