Replies to post #149646 on DD Support Board and Research Team

[janice shell]

LOL, okay, a lot of these companies use S-8 to raise $$$, they call them "consultants". S-8 scams are quite common...

I don't think they're nearly as common as they were 20 years ago, when the SEC cracked down. Much less fuss if you just use an S-1, or turn to a toxic funder.

[DragonBear]

LOL, okay, a lot of these companies use S-8 to raise $$$

I feel woozy...

So in summary PMCB being a 33 is exempted from any accountability to its SHs? Whether or not insiders or whoever by association owns a majority of the shares. Presumably in answer to my 2nd question, they could take it private for whatever PPS they wished.

Their gig are S3s, not S8s. Hire an outside firm to manage the share dump. The revenue going to pay for the insider salaries, funnel money to AN, and whatever is left is spent on R&D for show.