Replies to post #2836 on CD International Enterprises Inc (CDIIQ)

[nodummy]

Bogus agreements disclosed in 8Ks happen all the time in penny stocks without consequence.

I remember one ticker, GLER, put out 22 fake (mostly multi-million dollar agreements) which I documented

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100094886

They never got sued and no litigation was ever brought against the insiders there. Worst part about GLER scam was that it wasn't the toxic lenders profiting there. It was the insiders including friends and family members of the CEO through free trading stock created via twelve separate S-8 offerings.

Finally, way way too late, the SEC suspended the ticker but not after 22 fraud agreements (which all ended up never happening) and three separate reverse splits were used by the company to facilitate several pump&dumps on the tickers for insiders to get rich.


These are penny stocks. If you want to make money here, they should only be thought of as trades, not as real companies.