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Posted On: 11/28/2021 7:10:51 PM
Post# of 11038
Surfing through Ihub today, which brought me to SCIE one of the first noted penny stocks the SEC moved to the grey market in retaliation for the crazy spring 2021 price frenzy. I never bought in thankfully but, I kept an eye on it to see the price reaction over time. (5 months later dead, zero volume, many very unfortunate stuck holders.)
the link below was shared on SCIE message board, a rather interesting thread.
Insert-tag-herehttps://www.justice.gov/usao-sdny/pr/stock-trader-arrested-and-charged-securities-fraud-using-his-twitter-account-operate
Big market pumpers like “Canadian Jennifer” were known to the SEC and the SEC targeted stocks promoted by these big pumpers to the grey, ostensibly to protect retail investors. I had never heard of Alex DeLarge” but apparently 70,000 followers did, turns out Mr. Steven Gallagher (Alex D) was behind SCIE and other false stocks, he will be paying with years for his “smartest guy in the room” efforts.
Yep, not feeling too sorry for him.
It has been two months since our last communication, so just out of curiosity, why can’t CRGP put their financials on their website ahead of OTC submissions? Is it imperative that financials only be viewed through the OTC website? I know it still won’t help us buy in but, it would be nice to have some sort of price expectation.
Now that it is the end of the year I am cool with waiting a few more weeks to sell in 2022 and delay paying taxes.
the link below was shared on SCIE message board, a rather interesting thread.
Insert-tag-herehttps://www.justice.gov/usao-sdny/pr/stock-trader-arrested-and-charged-securities-fraud-using-his-twitter-account-operate
Big market pumpers like “Canadian Jennifer” were known to the SEC and the SEC targeted stocks promoted by these big pumpers to the grey, ostensibly to protect retail investors. I had never heard of Alex DeLarge” but apparently 70,000 followers did, turns out Mr. Steven Gallagher (Alex D) was behind SCIE and other false stocks, he will be paying with years for his “smartest guy in the room” efforts.
Yep, not feeling too sorry for him.
It has been two months since our last communication, so just out of curiosity, why can’t CRGP put their financials on their website ahead of OTC submissions? Is it imperative that financials only be viewed through the OTC website? I know it still won’t help us buy in but, it would be nice to have some sort of price expectation.
Now that it is the end of the year I am cool with waiting a few more weeks to sell in 2022 and delay paying taxes.
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