Replies to post #91985 on ProText Mobility Inc (TXTM)

[parabolic2020]

Incorrect on all counts. Some people STILL think the OTC is a rugulatory/governing body. The OTC is HIGHLY susceptible to public opinion and confidence. This is in fact the foundation of thier business. OTCM is a miniscule company that cannot withstand multiple lawsuits.
They are extremely over-levedaged and likely in debt.The SONG lawsuit alone is over half thier market cap. The simply have risked too much on their money machine ,driven by greedy brokers who use spoof trades and naked shorts. The courts are now going to hold market makers liable which will add even more pressure on this system to change.
TXTM will be better than fine and will not take lawsuits to trade, but there will be significant liability FAR exceeding the SONG lawsuit if what I believe has transpired here and will come to fruition post CE.