ohgeez,
You say "IMO the most important ingredient for a pump and dump scam is secrecy. You dont TELL people that you are selling shares to finance operations!"
Unico over the years has been VERY secret when it comes to their financing operations. And Unico has NOT been 'selling' shares to finance operations.
What they basically have been doing is borrowing money from 'friendly' off-shore financiers, issuing a short term convertible debenture for the money, defaulting on that CD, being sued by the CD holder for default in a Florida Court that does not have jurisdiction and does NOT publish the settlements, settling in free trading shares at 10-20 cents on the dollar, and NOT publishing these as 'ongoing material events' as required by SEC regs until forced to do so when the SEC filings are due. There's the real secrecy part.
In this scenario the financiers make bundle as they can sell into the market at almost any price on the way down and still make money --- which entices them to continue to lend Unico money.
This same agenda has been going on for well over 1-1/2 years now, over 480 bil pre-reverse split shares and now the 2nd reverse split on the horizon. Good luck.
Market Data 
Markets 
AI
