BULLBOARD FRAUD 101Here is an almost perfect example of fraudulent posting on a bullboard.
A “group” …all posing as disgruntled investors overwhelming the board with a continuous stream of negative comments.
When examined; everything stated by the group, is either a distortion of the facts, false accusations against the principals of the Company, or fear inducing statements that are contrary to fact.
It doesn’t seem possible that anyone would believe that a group of “ investors” would stand on their roof top and shout to the world that the Company they own shares in is a disaster in waiting.
But unfortunately they know that if they are persistent and relentlessly keep posting their tripe….. they will cause discouragement and deflect interested ones away from their target.
Personally on the KLS board it has been so prevalent for so long that I believe it is a case of outright fraud….. and that some of the statements made against management are slanderous.
Anyone can check the history of the Company and see that they have made steady and progressive gains over the years in developing and bringing to market a very superior product.
But as it is a safety product they have encountered many obstacles, and there are justifiable reasons for the rail industry to exercise caution in switching to a new system.
But with sales beginning to happen and interest picking up it would appear that the wait is almost over … and now this group is stepping up it’s attack.
It will be interesting…….