for doing exactly what he's doing. He fails to properly disclose as required by Rule 17b. In fact, several of Margrit's non-disclosing IRP's are following suit.
The Securities and Exchange Commission ("Commission") deems it appropriate to institute public cease and desist proceedings against Donald A. Baillargeon ("Baillargeon"), individually and doing business as Emerging Company Report ("ECReport"), pursuant to Section 8A of the Securities Act of 1933 ("Securities Act").
E. As part of and in furtherance of such conduct and activities, Baillargeon received, directly or indirectly, compensation ranging from $2500 to $17,000 for each guest appearance package sold. Baillargeon did not disclose in the ECReport Media the amount of money he had received from the issuers to publicize their companies and stock.
lol, I agree. How many OTC charts look like that? Far and few in between. This is what happens when companies do it right and let the market take the valuation up without killing it via toxic share equity financing. Incredibly rare to find a beverage company listed on the OTC at these prices that are like this one. Many comparative alcoholic beverage companies (including the ones listed on the OTC Exchange) are trading much higher.
Should be a very nice year for patient MRIB investors.