Article: Short Squeeze Stockbrokers And Hedge Funds Face Proposed Antitrust Class Action

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Joseph Saveri Law Firm | 21.02.02

On January 28, many brokerages abruptly and unilaterally restricted retail investors’ ability to buy long positions—in some cases removing the option to buy shares of the relevant securities while openly permitting them to sell their existing shares or prohibiting users from viewing the tickers for some or all of the relevant securities.

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Web: Gift of $25M Will Build Benton Center for Creativity and Innovation, Support Third-Century Plan

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Gift of $25M Will Build Benton Center for Creativity and Innovation, Support Third-Century Plan

Mark Walden, Colgate University, 1 February 2021

Daniel Benton ’80, H’10, P’10 has secured his place as Colgate’s most generous benefactor, making a $25 million gift in support of the University’s Middle Campus Plan for Arts, Creativity, and Innovation and other elements within The Third-Century Plan.

Editor: An Alert Reader has suggested that the hedge funds that have been doing $100 trillion in naked short selling are starting to disburse money before it can be confiscated via civil and criminal forfeiture. $25M is chump change, but the thought by Alert Reader is one worthy of joint NSA-DOJ examination.

Alert Reader: This is a coordinated attack, not a populist accident

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I think it’s interesting, but it still seems a bit dubious. There is no possible way to get all of these new users to act like a hive mind. Each only has one bullet, so part of this is just naive. You are dealing with some fairly esoteric inner workings of a system that even most professionals don’t even understand.

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Capital One Fined for Anti-Money-Laundering Deficiencies

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Treasury’s Financial Crimes Enforcement Network said the bank admitted it had failed to maintain effective controls in a check-cashing business.

The Treasury Department on Friday said it fined Capital One Financial Corp. for “willfully failing to implement and maintain” effective anti-money-laundering controls. As part of the settlement, Capital One admitted that it “willfully failed to file thousands of suspicious-activity reports,” according to the Treasury’s Financial Crimes Enforcement Network. The allegations pertain to a check-cashing group that Capital One acquired when it bought North Fork Bank in 2006.

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Article: Short-sellers need more transparency, says former SEC commissioner

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Short-sellers need more transparency, says former SEC commissioner

Ben Ashwell, Corporate Secretary, 26 June 2020

Robert Jackson discusses short-selling, fraud and the role of the commission

Former SEC commissioner Robert Jackson says he is troubled by the ‘increasing evidence of manipulation through short-selling’, and calls on his former colleagues at the SEC to consider a proposal for greater transparency for short-sellers.

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Article: InMed Pharmaceuticals Continues to Strengthen Biosynthesis Patent Family

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InMed Pharmaceuticals Continues to Strengthen Biosynthesis Patent Family

PRNewswire, 19 May 2020

InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (TSX:IN; OTCQX:IMLFF), a clinical stage pharmaceutical company developing medications targeting diseases with high unmet medical need and leading the way in the clinical development of cannabinol (“CBN”), today announced the filing of a key Patent Cooperation Treaty (“PCT”) patent application directed to the Company’s biosynthesis platform technology for the manufacturing of pharmaceutical-grade cannabinoids.

The PCT patent application entitled “Compositions and Methods for Biosynthesis of Terpenoids or Cannabinoids in a Heterologous System” was initially filed as two separate United States Provisional Patent applications and further addresses the enablement and maximization of cannabinoid production through optimization of the precursor substrates needed to support specific cannabinoid synthesis.

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Today’s Big Crime: MicroVision (MVIS)

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MicroVision, Inc. (MVIS)

0.8377-0.2923 (-25.87%) At close: 4:00PM EDT

0.635 -0.2027 (-24.20%) After hours: 6:04PM EDT

Comment: MVIS went up on almost 700 Million shares in 4 days and hit a high of $1.82 so lets say they sold 100,000,000 million shares naked short at a average price of $1.25

The stock is now 80 cents and looks like tomorrow it wil be 60 cents $1.25-60cents= about 65 cents profit now X 100M shares do the math= in 4 days they could walk way with 65 MILLION for selling fake shares

CRIME DOES pay

Article: FINRA and major Exchanges impose $6.5m fine on Credit Suisse Securities over supervisory violations

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FINRA and major Exchanges impose $6.5m fine on Credit Suisse Securities over supervisory violations

Maria Nikolova

FinanceFeeds, 23 December 2019

FINRA and the Exchanges found that for a period of four years, Credit Suisse did not establish a supervisory system reasonably designed to monitor for potential spoofing, layering, wash sales and pre-arranged trading by its DMA clients.

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Article: Why You Shouldn’t Listen to Jim Cramer

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Why You Shouldn’t Listen to Jim Cramer

Nick Kapur, 24 September 2018

Nearly 11 months ago and thanks in no small part to the statement above, I concluded that Jim Cramer was a menace to investors.

It only took a few months for the rest of the nation to catch on. John Stewart finally jumped on the bandwagon in March, exposing the man for what I think he really is: an entertaining (if not, irritating) media personality, but certainly not the champion of the individual shareholder that he often claims to be.

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THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?