Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Dale Baker who wrote (89093)	1/4/2005 7:18:39 PM
From: Edscharp	Read Replies (3) of 122087

I thought the most interesting thing Royer said was, "By sharing information, I would allow law enforcement and regulatory authorities to shut down companies that scammed the general public. That is what I planned to do." It's a curious statement for sure. If we take Royer's remark at face value it seems to suggest that he thought his position in the FBI included going after 'scam' companies. I always thought this was an SEC function. Not that they do a very good job of it either, but I wonder how many investors here believe the FBI should be proactively involved in ferreting out dishonest operators and trying to distinguish between them and the misguided, incompetent, underfinanced or mismanaged companies that inhabit the dark nether regions of the penny stock markets. I'm not aware of any FBI mandate to pursue this particular venue of law enforcement. I guess Mr. Royer would have us believe otherwise.

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