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nodummy

07/31/19 8:53 AM

#155611 RE: scion #155610

I'm 99% sure BKIT was another one that was promoted via the call centers that did AVOP, ETII, and CYBF

A week after Black and O'Rourke got busted, BKIT got suspended by the SEC.

https://www.sec.gov/litigation/suspensions/2019/34-86480-o.pdf

In my BKIT research report I pointed out the mirror reset to CYBF and the links to Michael J Black

https://otcmarketresearch.com/blake-insomnia-therapeutics-inc-bkit-updated-research-report-soon-to-be-biohemp-international-inc/

I definitely looks like Black is cooperating.

Black's name was blacked out of the O'Rouke Indictment

https://otcmarketresearch.com/wp-content/uploads/2019/07/OrourkeBlackIndictment.pdf

It'll be interesting to see if any other names from my report end up in future Indictments.

Maybe Ulrik Debo or William R Shupe or Daniel Cattlin. We'll see. They were all crucial players in the pump & dumps with Debo probably being the ring leader.


Also here is a link to the SEC Complaint for this case

https://www.sec.gov/litigation/litreleases/2019/lr24543.htm


And the link to the article you posted for reference

https://qz.com/1675811/how-an-undercover-fbi-sting-busted-a-multimillion-dollar-stock-fraud/





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samsamsamiam

07/31/19 10:47 AM

#155612 RE: scion #155610

Black and O’Rourke’s scheme was complex, but manipulation of so-called “penny stocks” to defraud Americans, particularly elderly ones, is hardly rare. One study found pump-and-dump schemes cost American investors between $3 billion and $10 billion annually, said James Cox, a professor of securities law at Duke University. “We ought to just shut the penny stock market down,” Cox told Quartz. “It’s a sad, sad part of our economy.”