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gitreal

04/04/21 7:27 PM

#39314 RE: Cynmark24 #39313

I would never rely on the SECto decide who is honest and who is not.

The SEC does not pursue most OTC scams, no matter how obvious of a scam. It is unfortunate, but they have limited resources, and they rarely get any cost recovery for their efforts. So, most of them are allowed to continue. And the few that are prosecuted are usually too late to protect investors.

Two things that have been attracting the SEC's attention....OTC companies that claim COVID cures or treatments, and OTC companies that claim to have cryptocurrency. AABB might have made a big mistake with their crypto nonsense, drawing unwanted attention.