SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Securities Resolution Advisors, Inc (PAID)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: steven berk who wrote (78)1/22/1999 3:14:00 PM
From: MaryinRed  Read Replies (1) of 135
 
Let me quote from another thread: anthony investigations:

"I don't think you understand how this game works.

USAT did a 1000-1 reverse split a bit ago - essentially eliminating all old shareholders in the shell company. They then issued themselves new shares for bring assets into the company, or for services as consultants employees etc. The "players" essentially then own all of the public float in the company.

All large blocks are controlled by the players. Thus the price of the stock is easily manipulated. The "players" then sell their stock <at these high prices> to new investors that buy based on various BS press releases the players put out.

Just because they filed to register this new stock means nadda to the float. The "players" control these shares as well as all other major blocks of stock in the company. The public float thus looks big but really is not.

Hope that helps

All comments IMO" from Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News