Wow! Would SEC do anything more than its freeze on ATIG shares?
And, what happened to our money (retail investors) . . . it just disappeared?
Local street thugs should take note and leave behind t he staurday night stick-ups model, and just move right-on-in to pinkie-and legal hold-ups?
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So . . . way under-regulated OTC and pink-ville is like giving your money to a street dealer stall (in whatever) and then he tells you you can get your money back (if you chose to sell), tomorrow. Show up tomorrow . . . and he or she is gone.
ATIG has not contacted any of us (who?), that it is senting us a check (translation: I earn your money as MY MONEY and I do not have to show you anything! Sounds like a professional stick-up gig to me . . . dumb me!
Anyone connected with ATIG looks mighty pale-faced and standing way back in the protecting 'shadows'. SEC is seemingly helpless to go after anyone, but a high-profile set-up like Martha, who has lots of money?
Just to me . . . it looks like these 'big news pinkie companies' are one-trick 'ride-the-bubble pony' up and get out quickly enterprises. <---This means long-term holders for appreciation are way ignorant folks that want american real small business ideas to succeed. America is 'screw-driver-ed' as long as 1% keep their money close-to-their-chests and invest overseas, to avoid paying taxes. America can't continue, without a way for innovation to transpire from the bottom and middle upward and outward.
Tickle-Down is 'plugged', and legal criminal acts (not just business failures) waste time, resources, and hope.
I am now over on GLUU, COOL, MCZ, and BETS . . . all have income and products, PRs flowing and stock board activity. They can still fail sure, but they actually are operating companies, with long up and down chart activity cycles. Most have internet gambling products and online gaming and soon gambling. I hold MCZ as slowly moving its rationale towards paid online gaming (its not there yet).
