What good is an lawsuit?
Odds favor judge! would decide in favor of the company.
1. 100% of every OTCBB stock is bought deal.
2. Some underwriter owns all the shares.
Company has no money, so they sell all their shares to underwriter.
Charles Manson, getting married next month, judge says its his right to marry and have babies.
Today, Judges are crazy!
Premier made around $2 million from the stock offering.
$90,000 in legal fees last month.
They just hire the right law firm, and the law firm connections, covers everything.
Paying out $90,000 to lawyers, is cheap price to pay for making around $2 million.
Even if there was class action lawsuit.. Lawyers will steal most of the money, Judge might say, ok Premier needs to pay ex amount of dollars..
By the time, lawyers take out their fees, government gets its fines..ect..
Common shareholders get packet in the mail, ton of complex papers to fill out.. With $.0001 payout.
You might get $43 payout..
Shark invested waters!
OTCBB is casino with very low odds of ever winning.
Buyer beware!
Liken to getting married, woman or man dangles their left leg while your dating them, then after getting married, they slowly move that right leg and kick you in your a s s!
Then, you their family: mother n law!
Mother n law is the underwriter.
Good luck!
