InvestorsHub Logo

OverDraught

01/10/18 5:29 PM

#5218 RE: Ubertino #5217

The week the Stonger shares were issued the sp was around $0.25, so the total value of his shares was approx $500k.

The promoters were hired around that time and pumped up both the price and volume, making it easy for Stonger to dump his shares. I can't help but wonder what cost basis he reported to the IRS.

Stonger has apparently agreed to change his plea on the first five of the sixty or so felony charges that are pending against him. We may know in about a month what the plea agreement contains. Possibly bad news for the principals of OSCI?