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kayakzz

12/22/11 4:15 PM

#12813 RE: tikasun #12812

Tikasun:

Here is how the scam works. I am the CEO of Alpha Corporation and you are the CEO of Beta Corporation, both publicly traded companies. I pay you in stock for "consulting" and you pay me in stock for "consulting." We then issue PR talking about a joint venture. The price of the stock of both companies goes up big and lots of shares are being traded, we both unload all our shares. (Repeat as needed) We then find the CEO of Charlie Corporation and repeat the process. I decide I need a new roof on my house and I pay with stock, issue some PR and my roofer (A.K.A Consultant) is delighted. Everything works like a charm until you run out of shares.

However, once you run out of shares, there is a magic remedy.