"The lawsuits were filed last May and June after Applied Digital's stock ran up from 47 cents to $2.40 in five weeks on the hype leading up to the first VeriChip implants. It quickly plunged nearly 30 percent -- in one day -- when the company admitted that no hospital or emergency-care center had agreed to use the scanner needed to read the information on the implanted chip."
Do your DD on Applied Digital and Verichip, another pump scheme claiming technology they did not have. Yes they did get a lot or praise, before the truth came out. You can find the full lawsuit document too if you look for it, but I know you will not.
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