InvestorsHub Logo
icon url

eelfland

03/17/13 11:00 PM

#13727 RE: gump90 #13724

Still a mess. But it will be in the SEC's lap, since they approved the final version of the S-1, after weeding out all the lies they could find. I still think the issue of diluting dividend-bearing stock with non-dividend bearing stock will have to be settled, probably in court.

Bottom line: Stead stocks are bad to hold, since they are stock-selling scams. Just look at the charts.

But Kennay the Diluter and his gang of pumpers have made out OK. So far.

I wonder what might happen if some personal-injury lawyer put hundreds of thousands of his dollars into it and ended up losing a bunch of them due to Kennay's malfeasance. Reckon he might want to start a class action?

I wouldn't be a bit surprised, as long as Kennay still has any of the money he stole.