Re: You see similiarities with that case and this Message board ?
posted on
Feb 06, 2014 04:33PM
I find what you are proposing quite remarkable. Apparently you are equating motivations, techniques or activity from that story with something that is going on here ? Interesting. Who do you think is doing it ? Name names, and exactly what they are doing.
"The SEC’s complaint alleges that these fraudulent schemes generally followed the same pattern: Dynkowski and his accomplices agreed to sell large blocks of shares for penny stock companies in exchange for a portion of the proceeds. The companies put these shares in nominee accounts that Dynkowski and his accomplices controlled. The defendants pumped the market price of the stocks using wash sales, matched orders and other manipulative trading, often timed to coincide with false or touting press releases by the companies, to give the market the false impression that there was real demand for these stocks. After artificially inflating the market price of the stocks, Dynkowski and his accomplices then dumped the shares obtained from the issuers and divided the illicit proceeds."
As is explicitly stated in the article, this could not have been possible without the intentional cooperation of the company itself, so, lets be clear about another thing.... are you suggesting PTSC itself is involved in some way with what you say may be occuring ?