OT: The FITX chairman is a "registered whistleblow
Post# of 36728
Posted On: 05/21/2014 8:23:58 PM
OT: The FITX chairman is a "registered whistleblower" and while tearing into the SEC in their inappropriate handling of questionable OTC public companies, he also says "During the past 5 weeks of my appointment as Chairman, I have uncovered a serious level of securities fraud from the help of current shareholders of several of the industry's company's of which my team is preparing Whistleblower claims to be submitted to the Commission."
Things are going to get interesting for some companies. He's not messing around. Talk about looking into the belly of the beast.... Holy cow. His revelations could cause a ton of sector damage, even for the most transparent companies. We've all seen the bloodbath suspension days a few times now. Hopefully the SEC pursues his suggested criminal investigation path vs more suspensions.
Things are going to get interesting for some companies. He's not messing around. Talk about looking into the belly of the beast.... Holy cow. His revelations could cause a ton of sector damage, even for the most transparent companies. We've all seen the bloodbath suspension days a few times now. Hopefully the SEC pursues his suggested criminal investigation path vs more suspensions.
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