Mr. Burns;
Here is a little info I found on Possino, the scum crim that may have bought lots of ZCRAP at a huge discount to market from our favorite CrIMgun.
ESat's Fall Points to Perils of Online Investing, WSJ Says
Los Angeles, May 26 (Bloomberg) -- ESat Inc.'s rapid rise and fall reveals the perils of online investing and raises questions about the involvement of Regis Possino, a 52-year-old disbarred lawyer with convictions for fraud and drug dealing, the Wall Street Journal reported in its ``Heard on the Street'' column. The Securities and Exchange Commission is asking questions about Possino's current activities, according to people familiar with the matter, and Idaho securities regulators have alleged Possino's company and one of his salesmen misled investors in the selling of two stocks that produced more than $150,000 in losses for the buyers. Possino declined to be interviewed, the paper said.
ESat, a satellite Internet service provider, has seen its stock fall 77 percent in the past year.
Buyer Beware! |
