Replies to post #82001 on DD Support Board and Research Team

[janice shell]

In a 3(a)(10) scam, the company and the creditor conspire to bring a sham suit. The financier files it, and then the parties agree to a "settlement" almost immediately. Without the suit, the company could still agree to issue stock to settle the debt, but that stock would be restricted.

If a judge orders the issuance, it's free trading.

https://www.sec.gov/litigation/complaints/2012/comp22381.pdf

[Snizzle]

"What makes it a sham?"


Possibly the destruction and ongoing destruction of common shareholders??


Possibly the promises of a 300 mil. Dollar "unicorn farm" in Costa Rica?


Possibly dealing with a sec sanctioned individual who runs Tarpon?


Possibly the no business and endless toxic convertible debt there is?



The possibilities are endless..........