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WarMachine

07/26/15 9:46 AM

#4448 RE: FarahTrades #4445

July 7, 2015 (Not OLD as some say)

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.

http://www.law360.com/cases/545aa4e11fc8065306000002/articles

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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.