The sec got fed up with these scammy CEOs who use public OTC shells as nothing more than personal ATMs. Finally did something useful in my lifetime. None of these fraudsters go to court to expose themselves to legal jeopardy. Most know the game is over and are squeezing the last bit they can from their tenures.
So what about Perry? Despite his long tenure of being the CEO of a mining company what results has he produced for shareholders? Would not a sense of shame prevent someone from accepting a salary without ever generating operational revenue? If not a scam should not the sec still protect investors from companies that max their share count...reverse split...repeat. Since these CEOs cant be hels accountable by shareholders...
I seriously doubt Perry can in good conscience argue he has benefitted anyone at this shop but himself.
You have a list of these poor CEOs so interested or aggrieved by iHub posters lol. I knew this one CEO who routinely posted on message boards arguimg with shareholders vs working. All his endeavors went BK after multiple reverses...some as high as 25000 to 1.
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