Replies to post #118615 on Cartel Blue Inc (CRTL)

[pitadog]

Off course they are illegal...they were sold without ever being registered. The SEC is on it...Read the SEC complaint.

I never said he was.. I have said that Peter knew from the time of the purchase of the shell, what the conversion terms were on all those notes and wrap agreements, as contracts were signed. Peter sold Larry and Steve about 2 Billion shares. What's wrong?

I am saying that he had to know (from the start) that at some point in time, the shares would be sold (or dumped) into the market place, wiping out the shareholders.

Given the business success of the CEO, those shares hitting the market later would still have had the same effect on the pps...just a delayed action. jmho ...dog