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Crow3

01/07/08 10:26 AM

#24178 RE: sanddollar #24176

Or it is proof that it can take a long time for the S.E.C. to stop a fraud.

It does take a while. Which is why the fraud in the OTCBB and the pinkies is a thriving "industry".. That and the burning desire to pull down the pie in the sky by the suckers. And their reluctance to let go of the "dream" and continue "long"
as if being "long" were a positive virtue. Continuing to believe year after year, lie after lie.

The SEC does not have the resources to make a dent.. The courts are glacially slow.. The Judges entertain the most specious arguments by the Lawyers.

A look at the CDEX website is a classic example of inflated claims for a product that does not sell.. but hey..look.. the MYTH gun is "right around the corner", and surely it will create boundless wealth for all the shareholders and kill off the bad old meth problem.. Yeah, RIGHT... It is always right around the corner..or wait till next year...

CDEX is doomed, and will go away.. but not until the PP money finally dries up.. as it did for Griffin.. but has not yet dried up for MP.. Yhe SEC and the courts will be drag-assing around on the high publicity cases, and CDEX and the other thousands of fraudulent stocks will go on doing their thing.

Making piles for the insiders.. and a bit for those that know enough to trade in and out, and guess right now and again.