NSRS is a pump and dump which is aka stock manipulation. That is illegal! The Securities & Exchange Commission can issue an Order of Suspension of Trading of the stock of any company if there is evidence that the share price is being manipulated. The stock can be halted for ten days with no cause.
Brokers can also suspend trading as Zecco did when NSRS got the DTCC chill.
Four stocks were halted on the OTC on Thurs. Eleven were halted on Feb. 23rd. It does happen.
The SEC is more likely to halt trading on a company that has no assets such as NSRS. There are several red flags.
NSRS is/was a paid pump. NSRS is DTCC chilled for a reason, just don't know what it is. NSRS issued several PRs stating it is acquiring an interest in another company but it has ZERO assets to pay for any acquisition. NSRS is a new kid on the block, always suspicious. Because NSRS produces no revenues, Harry has the option to take his $10,000 per month salary in shares. He would have got over 150,000 for August. Wonder how many of them he sold over $1?
As per terms of the agreement, North Springs has paid $250,000 to Hyperion for the purchase. Where did NSRS get the $250,000 to pay for this?
Did a search for Hyperion on the Mexican gov. mining companies website and it does not exist.
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