Saliva Diagnostics (SALV) Message Board

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Microcap & Penny Stocks : Saliva Diagnostics (SALV)

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To: rl who wrote (3185)	8/26/1999 10:50:00 AM
From: John Lacelle	Read Replies (1) of 3369

rl, I just saw this penny stock outfit called "Dynamic American" DACQ on the OTC get nailed by the SEC. It was quite a stock scam. A friend of mine lost his shirt with em. It was a shell company based in Utah. They had connections with this mining firm in South America and used the DACQ stock to pump and dump a phoney mining claim. It netted the guys in charge of the scam about 4 million. The reason the SEC took action was that they failed to bother filing 10ks since about 1995. So there you have it. The SEC is not too concerned with what your public company does to make a living. They just want you to file the paper work on time. It appears that the BOD of SALV must know this. They file the papers and as long as they keep it up they will be ok. -John

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