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Replies to post #241006 on 1812 Brewing Company Inc (KEGS)
VeronicaFox
03/06/24 11:42 AM
#241009 RE: Huggy Bear #241006
OTC CONsultants = Non Disclosing Promoters.
RMS555
03/06/24 12:55 PM
#241030 RE: Huggy Bear #241006
Additionally, as the complaint alleges, on occasion Sabby and Mintz used their naked short selling to artificially deflate the price of securities, allowing them to obtain more shares at a cheaper price.
Colak and Kostov used multiple brokerage accounts to disguise the spurious nature of the sham transactions, moving a short position from one brokerage firm to another every few days in order to spread the failures to deliver across multiple firms in an effort to avoid detection
Feldman and optionsXpress used sham reset transactions to avoid, sometimes for months, compliance with Reg. SHO's stock delivery requirements,