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CashCowMoo

05/19/11 12:58 AM

#16883 RE: Russian-Trader #16881

VERBATIM from the Treat Energy court document: "Treaty Energy is a Nevada penny stock entity with few assets, negligible revenues, and dubious operations.

"penny stock schemers spread false and misleading information about their companies to: a) spark interest in the company. b) generate volume for the stock, and c) pump up the prices. Once the stock rises the schemers dump their shares and stock prices slide back down to oblivion. These pump and dump schemes are vicious cycles."


Dude, they are getting hit with pump and dump and fraud charges.