Its a form of money laundering. Offer public stock at below MP and then take the proceeds and pay yourselves (BOD members and family) big salaries and bonus'
Give me some time to look into Auctus. Years ago Dutchess was one of those names that many would avoid and with Posner involved it makes me wonder. I never followed many stocks with Dutchess involved so I don't know the extent of the damages caused to the companies.
I said undetectable crime because I don't recall any lawsuits against them.
One question I do have is what would be the penalty if SSOL defaulted or didn't comply with the agreement with Auctus?
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