|
Sorry for all you stuck here, but this is pathetic. There is no company and there is no fraud. The Grables are smart and all the SEC requires is full disclosure. You can say I am taking too much but I'm going to take another 3,500,000 shares subject to "approval", or we are going to issue gads of more stock and maybe give more rights to future shareholders (like more votes per share), and if you disclose it all, you don't have to make money, the stock price can fall, and there is no fraud. That's the OTCBB free-for-all. NASDAQ and NYSE require some outside board members. But on OTCBB, they can set up royalties in perpetuity, and if they can get investors or equity lenders to feed them, it's not fraud, IMCCO. |
