Computerized Thermal Imaging CIO (formerly COII) Message Board

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Microcap & Penny Stocks : Computerized Thermal Imaging CIO (formerly COII)

CIO 6.825

+0.2%

Dec 3 3:59 PM EST

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To: SEAN007 who wrote (4968)	7/10/2000 11:17:49 PM
From: Q.	Read Replies (1) of 6039

The complaint claims that Johnston ran a Ponzi scheme: The defendants in conspiring to defraud plaintiff, did create through such misrepresentations of facts (supra) and concealment of facts (supra) a "Ponzi Scheme whereby an illusory market was created and whereby the plaintiff was, in fact, paid money which was generated by and originated soley through the plaintiff class; yet giving the illusory projections that a true and viable market and sales transactions existed. I don't have the facts to judge that one, but I do know that as a rule, hyped-up OTC:BB stocks can look like a Ponzi scheme. If somebody did run a Ponzi scheme with bunny furs, how hard would it be to apply that skill to a BB stock?

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