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Biotech / Medical : Biotech Valuation
CRSP 56.98+1.1%Nov 5 3:59 PM EST

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To: opalapril who wrote (1904)10/26/2000 10:17:15 PM
From: John Metcalf  Read Replies (1) of 52153
 
Never seen a more obvious scam, even from Canada. This looks like a company creation machine wherein a born-to-hang high school graduate called Ben Traub creates a shell, hypes it a bit, and then sells his majority interest to the sheep.

They had 3 employees -- CEO, accountant, and website designer -- when Traub recently sold his majority interest to a Reno, Nevada corp. In all of biotech, this is unique!

Is there a more appropriate thread to yammer about this kind of outfit? Perhaps a Dagg thread?
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