Telecom Execs Accused Of Seizing Co. Can't Issue New Stock
A Florida federal judge on Tuesday blocked netTALK.com Inc. executives, accused in a shareholder class action of illegally wresting control of the Miami-based telecom, from issuing 700 million new shares of the company, ruling shareholders likely would regain control of the company from the executives.
Good for the company but the damage is done. They have made a mess of the share structure, diluted the shareholders and spread a lot of BS info through their awareness campaigners. That and a inferior product have killed the PPS.
Nothing but flipping the pump and dump going on here.