Re: Close???
in response to
by
posted on
Apr 02, 2010 11:19AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
It's been suggested this might take attention away from the PM manipulation
I don't think this is in any way a deliberate diversion, however as Iamburt had suggested it is kind of like police officers giving out speeding tickets in the first 100 meters after a freeway ends. There are so many big fish to fry, yet because of the difficulty getting the goods on the pros, they justify their existence by frying up easy targets. If they were actively pumping stocks they were promoting as shareholders, that would be worth pursuing, however with the explanation given by Agoracom it should be cleared up in court. I do not believe we have to worry about our hub as SGR is not on the client list posted on the site, however I can see a potential conflict if they are promoting anonymously while selling shares received in lieu of cash
11. According to their website (www.agoracom.com), Agoracom “caters to the IR and marketing needs of small and micro cap public companies trading on the TSX [and] TSX Venture…”. Agoracom offers pricing models for its clients which incorporate a monthly fee and stock options equalling the greater of 250,000 shares or 0.5% of a company’s fully diluted outstanding share total at current prices.
Judging by this little snippet it appears the charges are more aimed at promoting and selling their sevices to clients and not stock pumping and dumping
"Agoracom reported the number of posts and shareholder inquiries answered by Agoracom’s representatives to clients on a monthly basis, and failed to disclose that a portion of the posts and shareholder inquiries were created by Agoracom’s own representatives"