Eddie knows exactly where the legal line is and operates right on the very edge of it.
First, these are non-SEC reporting tickers so they don't really care. He had his first, biggest and most beloved ticker [ARTS] revoked by the SEC so he doesn't even try to play in that arena.
Secondly, OTC slapped these tickers with a big red "STOP" warning 5 years ago because Eddie has not filed any disclosures. So he and they both consider that people willingly disregarded those warnings and bought at their own risk.
Thirdly, he issues vague, unverifiable PR's with few details in order to evade charges of lying. He now uses social media to dupe people rather than doing so thru formal channels like OTC and wire services. And most importantly--
HE FEELS ANYTHING HE SAYS IS SHIELDED BY HIS BULLET PROOF "SAFE HARBOR" DISCLAIMER.
And finally, there are the few dissenting voices such as yours truly who regularly sound alarms about him. So in a way he can even point to that as proof that people chose to buy.
There are other tactics he uses to scam people such as recruiting others to fuel the rumor mill. He's an excellent groomer in that regard.
He's a parasite and his reputation is fairly well shot. His pumps are short lived and he cashes out quick these days. Consider yourself lucky as suckers in October bought as high as .0014.
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