Equator Beverage Co. (MOJO)

[billyboynyc0358]

This was Simpson's dirtiest move to date. He took money from financing groups at $1.00 allowing existing shareholders value to get shreaded, I just got word of this as I was speaking to a source who meets with Simpson.

He is not capable of raising money through traditional methods at levels close to par so he did what's called "giveaway financing" hence giving free trading registered stock away at $1.00 at more than a 50% discount to current market price, most likely to friendlies in order to allow them to make a handsome profit for giving the company some cash.

This was probably illegal since he schemed to time announcing positive news releases so the financier(s) could dump there stock without disclosing financing as well just like when he announced Wal Mart, the same movie first on the website to sttract a little buying then with a PR news release days later.

To me this says it all about Simpson..... He is saying F the existing shareholders, all he cares about is his free shares and making money for his buddies...what a vile little creature.


Please let's vote him out and put real management in before its too late.


PS oldman there is no trading happening on the floor anymore it's all electronic....OTC/Pinks never even traded on a floor.