Replies to post #96630 on DD Support Board and Research Team

[shajandr]

Chaddy, the more of your crap I read and learn about, the scammier you and your pennystock appear.

Really, learn a trade, hack a taxi, be a baggage handler.

Quit the pennyscamming and be productive in a meaningful job.

[locksflooring]

Yes its Your Problem ! Taking a Salary on Shareholders backs make you Responsible for your Own Failures! I don't give a Crap how much of your own money you burnt through, We Never told you to invest in your own failing business.

[DragonBear]

I worked for free, without a salary and depleted most of my savings as a result.

In 2013, after proving the technology, I finally took a salary of $70K a year and started working full time for the Company. Far below what my skills are marketable for.

All so admirable. So, the $35K spent pumping the stock in just the month of April came out of your $70K salary? After all there are no revenues for the company, other than what it generates dumping stock.

I originally invested my own money into the Company in late 2011, about $46K worth to launch the company in my garage

And now you have an executive office for your company, inside of a bldg with the sign: "EZ Pawn Shop" hanging outside - correct?

Didn't realize I was pumping. My Company has no liquidity and is trading at the same price as our last private placement. I guess that makes me a terrible pumper.

Guess so.

[elbiatcho1]

Didn't realize I was pumping.

I have learned so much in the last 5 years promoting OTC companies.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78010269
... and you don't know if you were pumping... riiiight.

[Carini]

All public Companies have safe harbor. It's something a good legal team will require. Is this a serious question?

You might want to actually read the statute on that one.

https://www.law.cornell.edu/uscode/text/15/77z-2

To spoil the ending, OTC penny stocks ARE NOT covered by the forward-looking statement safe harbor provisions:

(b) Exclusions

Except to the extent otherwise specifically provided by rule, regulation, or order of the Commission, this section shall not apply to a forward-looking statement—

(1) that is made with respect to the business or operations of the issuer, if the issuer—

...

(C) issues penny stock;"

And a little further down:

(3) Penny stock

The term “penny stock” has the same meaning as in section 78c (a)(51) of this title, and the rules and regulations, or orders issued pursuant to that section.

That meaning would be:

(51)
(A) The term “penny stock” means any equity security other than a security that is—

(i) registered or approved for registration and traded on a national securities exchange that meets such criteria as the Commission shall prescribe by rule or regulation for purposes of this paragraph;

(ii) authorized for quotation on an automated quotation system sponsored by a registered securities association, if such system

(I) was established and in operation before January 1, 1990, and (II) meets such criteria as the Commission shall prescribe by rule or regulation for purposes of this paragraph;

(iii) issued by an investment company registered under the Investment Company Act of 1940 [15 U.S.C. 80a–1 et seq.];

(iv) excluded, on the basis of exceeding a minimum price, net tangible assets of the issuer, or other relevant criteria, from the definition of such term by rule or regulation which the Commission shall prescribe for purposes of this paragraph; or

(v) exempted, in whole or in part, conditionally or unconditionally, from the definition of such term by rule, regulation, or order prescribed by the Commission.

Any of those apply to your company?

If not, then including the Safe Harbor Provision in your PR's does absolutely nothing and doesn't protect you at all.