The pumper doesn't have to be the dumper. The schemes can vary.
Kyle's family, including Kara and Kayla at ClearTrust make money for services. Plus they make money when shares are converted.
The "related parties" are never named, for some reason. But what other reason would Kyle have for putting out false and misleading PR's, such as the "3 items" or suggesting the kannon was found, when it was actually relocated?
Further, when did the Defendant ever mention floorless convertible notes? A search on Ihub reveals no such post.
But being CEO can bring some nice perks. Travel and a house at Merritt Island for starters. Meals paid for, etc. SFRX post/video on Facebook about "positioning the blowers" when the permit says they are PROHIBITED, and any reasonable person could conclude something's not right here. Here's what the SEC says on the matter.
"Pump-and-Dumps" and Market Manipulations
“Pump-and-dump” schemes involve the touting of a company’s stock (typically small, so-called “microcap” companies) through false and misleading statements to the marketplace. These false claims could be made on social media such as Facebook and Twitter, as well as on bulletin boards and chat rooms.
HotStockAce (Money Runners) was charged and plead guilty and there's no evidence the companies he touted were in any way involved.
Here you had a poster claim "3 items" two weeks before Kyle repeated it in a PR. And to date, not one poster nor the company provided a shred of evidence to back those claims.
The documents I have and linked (the permit) makes no mention of "3 items".anywhere. And Jim Sinclair says he knows nothing about gold coins found on the current site.
Who in the world would turn down a request for information that would prove me guilty of libel, which under Fl law requires me to apologize and post a correction? In doing so SFRX could carry that apology and correction before a Judge for any damages they could prove. There wouldn't even be a trial except for damages.
Instead SFRX and it's shareholders can't post any evidence "allegedly" readily available from the state within 3 business days. And the info I have shows Kyle made false and misleading statements in the 8-11-14 PR. But those false statements were first posted by a meesage board poster, who has since split the scene.
Again, from the SEC.....
Once these fraudsters “dump” their shares and stop hyping the stock, the price typically falls, and investors lose their money.
https://www.sec.gov/answers/pumpdump.htm
Kyle's family, including Kara and Kayla at ClearTrust make money for services. Plus they make money when shares are converted.
The "related parties" are never named, for some reason. But what other reason would Kyle have for putting out false and misleading PR's, such as the "3 items" or suggesting the kannon was found, when it was actually relocated?
Further, when did the Defendant ever mention floorless convertible notes? A search on Ihub reveals no such post.
But being CEO can bring some nice perks. Travel and a house at Merritt Island for starters. Meals paid for, etc. SFRX post/video on Facebook about "positioning the blowers" when the permit says they are PROHIBITED, and any reasonable person could conclude something's not right here. Here's what the SEC says on the matter.
"Pump-and-Dumps" and Market Manipulations
“Pump-and-dump” schemes involve the touting of a company’s stock (typically small, so-called “microcap” companies) through false and misleading statements to the marketplace. These false claims could be made on social media such as Facebook and Twitter, as well as on bulletin boards and chat rooms.
HotStockAce (Money Runners) was charged and plead guilty and there's no evidence the companies he touted were in any way involved.
Here you had a poster claim "3 items" two weeks before Kyle repeated it in a PR. And to date, not one poster nor the company provided a shred of evidence to back those claims.
The documents I have and linked (the permit) makes no mention of "3 items".anywhere. And Jim Sinclair says he knows nothing about gold coins found on the current site.
Who in the world would turn down a request for information that would prove me guilty of libel, which under Fl law requires me to apologize and post a correction? In doing so SFRX could carry that apology and correction before a Judge for any damages they could prove. There wouldn't even be a trial except for damages.
Instead SFRX and it's shareholders can't post any evidence "allegedly" readily available from the state within 3 business days. And the info I have shows Kyle made false and misleading statements in the 8-11-14 PR. But those false statements were first posted by a meesage board poster, who has since split the scene.
Again, from the SEC.....
Once these fraudsters “dump” their shares and stop hyping the stock, the price typically falls, and investors lose their money.
https://www.sec.gov/answers/pumpdump.htm
1
1
