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scotlandrules

08/28/15 12:30 PM

#25668 RE: OlinSain #25667

I read an SEC report that said 75% (of 9000) penny stocks are scams. They claimed not to have the resources to stop it.

hiphop

08/31/15 2:56 PM

#25675 RE: OlinSain #25667

Hey Olin, when you raise public debt and do RS's you have to file. otherwise the scam stops and you can be held personally liable. But if you stay current on your filings you can steal for years and years. Look at SFOR. A 15 year old company in the 900 Billion dollar WW software market and they do $60k per quarter in revenue. cumulative losses approaching $40 million, but management never changes. You think this is real?