Posted On: 03/17/2015 6:34:35 PM
Post# of 43065
"Penny stock fraud is almost a too good to be true dream for con men looking for free money with little few consequences attached to getting caught."
Way too easy. Mr. Bordynuik paid $80k for controlling interest in the PTOI shell in 2009, money which I'm certain he got from investors in his previous Expedite2 shell stock game. From there on it was just a matter of keeping the float low while driving the price up with stories...then doling out shares as the market would bear.
The restricted shares which he dragged his feet on giving an opinion letter to remove the restrictive legend certainly kept the float low for longer. That tactic of his came out in one of the lawsuits.
Way too easy. Mr. Bordynuik paid $80k for controlling interest in the PTOI shell in 2009, money which I'm certain he got from investors in his previous Expedite2 shell stock game. From there on it was just a matter of keeping the float low while driving the price up with stories...then doling out shares as the market would bear.
The restricted shares which he dragged his feet on giving an opinion letter to remove the restrictive legend certainly kept the float low for longer. That tactic of his came out in one of the lawsuits.
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Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.
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