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janice shell

12/26/12 4:52 PM

#96463 RE: ddineeniv #96448

Aren't there better ways to scam people then this?

This isn't a bad way. I think scammers generally count on being able to fly under the SEC's radar. Sadly, that's not hard to do. But these guys have really gone too far. Sometimes, it seems, they just can't help themselves.

In the meanwhile, though, they probably made a lot of money dumping throughout the session today.
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BillEvans80

12/26/12 4:57 PM

#96484 RE: ddineeniv #96448

Aren't there better ways to scam people then this?



I suspect they sold somewhere in the neighborhood of 600mm shares at an average price of a little under a penny since the begining of November. Someone may have a better estimate, but at that rate you are looking at over five million dollars. Not bad for two months work. I also suspect they used phoney names so good like finding them.