Sep. 12 at 2:28 PM
$IBO $PRPH $DSS $AEI Is history repeating itself, as it so often does? Take this move by the scammers at DSS IBO; it bears a suspicious resemblance to the scam PRPH investors were subjected to.
A reverse split, a supposed reverse merger with a fraudulent company—Dr. Ashley, alias Zoar Ltd.
In the PRPH case, the scam unfolded like this: just before the reverse split, the reverse takeover was hyped up by "pumpers," drawing in opportunists eager to buy the stock. This led to the sale of millions of non-existent shares—shares that PRPH then made "real" by issuing new ones. The millions raised were used to pay off fabricated debts but, naturally, ended up in the scammers' pockets. The SEC simply lets stock market scammers operate unchecked while taking action against non-listed fraudsters—after all, they have to show *something* to prove they are cracking down on scams. Just look at the PRPH share price now:
$0.02, and no longer listed on Nasdaq.
