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mdimport

06/23/11 1:27 PM

#139728 RE: parrot head #139727

I understand Ike wanting to enrich himself. I don't understand the motivation to impoverish shareholders.

If the service was sold everyone (management and shareholders) would have grown rich as the pie expanded.
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oil9911

06/23/11 1:58 PM

#139729 RE: parrot head #139727

So how should Sutton be held accountable?

He clearly knows 'the game' very well...far better than he knows his fiduciary duty to shareholders.

He's created at least two penny stock deals to grossly enrich himself (and may be setting up a third right now).

He's shrewd enough to not primarily make his loot by selling all his personally owned or controlled stock; rather, he sells an abundance of corporate stock into the market so as to allow himself to simply fee the hell out of the companies to his substantial benefit.

The illusion of legitimate 'start-up' companies, periodic filings, and well thought out 'exit strategies' for himself will all assist in keeping the SEC at bay.

Legal remedies, civil or criminal, are equally unlikely.

So it doesn't leave a whole lot of options available for him to be held accountable for the errors of his ways.

But he does need to understand that his 'business model', that has been designed to ensure his own success off the backs of innocent people, is NOT acceptable.

Might I suggest a visit from Vinnie and Bobo would help him understand that it's NOT OK to conduct business this way?

I'm prepared to put them on retainer and schedule 'a meeting'.

Sometimes it's the only option...and I've found it to be exceedingly effective in the past in bringing me at least some level of 'satisfaction' in places like Vancouver, Calgary, and Los Angeles (he's fortunate I don't live or work in NYC as it's not a market I've conducted 'business' in before...but I'm sure I could find people that do, have, and will).

Oil.
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just_chill

06/23/11 4:16 PM

#139734 RE: parrot head #139727

I know....and you wont believe I was in this when it ran upto .05-0.06.....anyway bad luck I did not sell...and look at what I am in now......

I did a grave mistake by putting all my hard earned money in this and God gave me the punishment.....as naive as it may sound, it is the truth......