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Non-Tech : Thom Calandra, CBS Marketwatch and IVAN - Exposing the TRUTH

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To: marcos who wrote (16)11/9/2003 8:08:02 AM
From: Pluvia  Read Replies (4) of 167
 
marco,

i think you're confusing two different playgrounds. one being canada, the other the USA.

In canada, you can be a promoter, run sham operations by using smoke mirrors, sham pseudo associations with real companies, bribe government officials by giving them large chunks of a company in exchange for mineral concessions, and hype to pump a stock and attempt operate a company.

in canada, the pump and dump is an accepted form of business, you're just expected to know the rules and get out before your neighbor...

in the usa, you don't get away with a "friedland promotion" or similar pump n dump scam for very long. making money on a pump n dump is well... just not what it used to be...

here in the usa, the SEC will delist your bs company... the US Attorney will file stock manipulation charges against you and throw you in jail, and you'll be outted as a fraud spewing promoter and forced to take your bigtop circus somewhere else. like canada for example =)

i think our friend friedland spent a little too much time on his last lsd trip and forgot which country he was trying to run his pump in. and i think our pal thom calandra "got" (hmmm how did he get his stock?) so much money from a cozy relationship pumping IVAN that he forgot the SEC and US Attorney are currently prosecution others for much less...

you see marco here in the usa if you want to list on nazdaq anymore, using the excuse "he's known as a promoter and pump n dumper - so that makes it ok..." doesn't cut it.

in the current USA securities market environment, the SEC and the US Attorney salivate at the opportunity to make an example out of... lets just say for example.... a financial "editor" for lets say... CBS Marketwatch...

but you're a smart guy, you know this so i don't mean to preach =)
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