Quote:
|
Originally Posted by MacDaddyPlaya
And if you did your due dilligence you would know that there is no "new iBill". Ownership remains the same. So the same people who owned iBill then, own it now. Stock moving back and forth doesn't change that. Bankruptcy was never an option, but not because iBill cared about the people they owed money to. So, be careful what you wish for on here, because the more due diligence people do, the less they are going to like what they find.
|
100% correct Mac!
You are talking about folks playing with corps and shuffling one corp file from one side of the desk to the other and "talking up" shares in their own personal interests.
The modus operandi is no different to that used by the Galanis family and the Mexican "Doc" for years - some call it "corporate abuse".
