TSXV:BTRU.H - Post by User
Comment by
SirHumpsAloton Apr 11, 2019 2:16pm
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Post# 29614241
RE:RE:Fraud
RE:RE:FraudJust because the perpetrator was too stupid to profit does not mean that it was not fraud. Intent to profit is sufficient. This should be investigated. How many shares did his friends and family sell at the high on what appears to have been fake news.
Proving intent would be the problem. In my opinion, this was fraud. Unless it is proven, who knows. Sadly these junior are full of BS activity.
rimbus wrote: To say it's a fraud, you have to figure out who benefitted from the fraud. Not a very good fraud if the CEO took down his own wealth and crediblity without any payoff. Otherwise that's just plain old incompetence. Doesn't look like any insider sells recently. Maybe he took on a major line of credit based on his net worth with shares at $0.90 and rode off into the sunset?
I'm considering putting down $600 for 10,000 shares which I expect to turn into a cool $30,000.