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Replies to #90456 on Biotech Values
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DewDiligence

02/11/10 1:13 AM

#90457 RE: MTdinanM3 #90456

After noticing the popularity of this board, M Garza tried very hard to recruit me for his pump & dump operation. I told him to shove it and never to post on this board.

Will the SEC ever shut down these kinds of operators?
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wallstarb

02/11/10 1:36 AM

#90459 RE: MTdinanM3 #90456

So the companies pay the website - and then he gets p[aid from the website. I'm curious if he has any equity stake in the website as well as paying himself an "editorial" fee or a fee to manage the subscriptions. Seems odd that he would be paid to "manage subscriptions" when you could pay a secretary type $15 an hour - seems like a poor use for a self proclaimed expert and guru!
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wallstarb

02/12/10 9:20 AM

#90547 RE: MTdinanM3 #90456

If you have a problem and think that ME Garza is even INDIRECTLY getting paid (calling it a user management fee won't shield him from prosecution) then I suggest filing a compaint.

http://www.sec.gov/complaint.shtml

If he is involved with the pump antity and a pattern can be shown of receiving direct or indirect compensation for stocks that the promotion site is getting paid to promote then he is actually guilty of breaking a few different securities regulations and laws.