Replies to post #17288 on 4Cable TV International Inc (CATV)

[Smallville]

It gives the appearance of fraud.

If you have a private board that has the power to add and drop people at will there is a problem.

If you don't toe the line you're tossed. Someone posted they were tossed.

They could easily be accused of pumping for the CEO.

Hey, guys hold and buy some more! While they trade.

The tossed finds out who has the case and they drop a dime. Those trading records are subpoenaed. You learn they were trading the whole time.

Private boards with the CEO as a member are not a good idea.







Someone tossed wants payback so they drop a dime and the ringleaders have their trading records seized.




It gives the appearance of pumping for the CEO.

[PhenixBleu]

Social media, Bloomberg, etc. are fine for non-material events regardless of cost. They are not appropriate for initial notice of an FBI investigation resulting in an Indictment of an individual attempting to gain a control block of CATV. That should have been formally communicated with an explanation that informs all shareholders. A PPS drop is to be expected with such news. A recovery of share price would depend on his credibility and assurances he could move forward with integrity.