Well look what I just came across on the dd board
Post# of 11038
Some of Janice's idiot friends appear to have reported this and that's why it's halted. Read the last sentence where it says "wink"
Its actually a pretty good scam. Pay $1.3 million in order to sell $15 million.
Keep in mind, the one ghost entity in Mexico City owns 85.5% of the stock, so all they did was pay themselves 85.5% of the $1.3 million back to themselves all the while dumping 3 billion shares between $.003 and $0.01.
So when you look at it, they really paid out $300,000 for $15 million in stock sales.
Pretty good idea. I guess Finra and DTCC want to know where all this stock came from.
It is also funny that they have been developing this scheme dating back to June. And within 3 days after it became a subject of investigation on the DD thread here, it got halted.
Coinkidink? FINRA, DTCC, and the SEC must read this thread daily for tips and free investigatory assistance <wink>.