Slander? or are we just so much smarter than the feds?
All in all it seems that the Pink sheets not being regulated and being home for so many scams is the fault of the Feds.......... Im not sure it would be SEC. Or Finra but some fed somewhere is responsible for allowing a venue to exist so that I as a member of the public could fall prey too.
Frankly the Pinks should have the same standards of reporting and validating as the big stocks do or they should get out or go to the greys...
At least someone should check if there is really a business and work going on before allowing that stock to trade.
It is sorta like I have a pond on my land or a swimming pool. some gov fella makes me maintain a fence around it to "protect the public" but they allow the pink trading arena to exist?
And by the way... I do not know what to think of CRGP being a scam or not. If I was CRGP i would I think handle this a lot differently but again maybe there are reasons for the quiet they have shown lately. I am not in Mexico on a mountainside dodging maybe druglords or corrupt politicions trying to bring in a lil profit from a dirt pit. Maybe it takes a little bit of that "Rambo" or "African Queen" spirit to pull that off.
But my whole point is that FINRA, SEC, Federal Judicial system and lord knows how many other agencys allowed this "scam/potential scam" to exist and me, Mr Public has now lost almost $400 [ what I would pay to go stay in an RV park for the weekend].
Do you see my point?? There is no use going on back and forth over something like the existance of mine, mining activity, sale of mine etc when it should have been some sort of initial search done by these same government people who are now freezing everyones money and not allowing at least a small write-off in return....
It is like the gov is using the pinks as bait to feed their coffers under the guise of watching out for the public. As for the no write off...... well that cost the feds and that is also pretty one way as I stated they allowed the stock to be sold un restricted and I was one of the "retired helpless people that these scammers prey on".
And yes they will keep the fine money, me and you will pay for the incarceration of any guilty defendants as well.
I am an older fella who was brought up thinking our governement was like the John Wayne of the world.... It is hard to fathom what it has became now. We live in a world of grey or is it just corruption period?
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