Christopher Basile

One of the @otclawyers
[email protected] 516-455-1500 ext.115

[Christopher Basile @BasileC_esq]

Here is an article that details the divide among federal circuit courts on federal securities laws as it relates to dealer registration. @BasileEsq @Nasdaq @NYSE @OTCMarkets @SECGov @SECLawyer101 @TBLF_LawFirm @lovethewinning

https://t.co/zbnIxNkOTg

[Christopher Basile @BasileC_esq]

Retail and household investors must realize that when they buy stock in the market, in an issuer that has taken dilution funding, they are actually paying the lender off. Unfortunately, most dilution funding drives a stock price down, so when an investor buys the stock in the open market, it is contributing to the "death spiral" scheme that is the nature of these transactions. Additionally, the lender's brokers know in advance when that stock will be available to retire the loans, and some may enter the market and short the stock, further driving the price down. In some circles, this scheme is an acceptable practice, except when that funding agreement violated federal and state laws. Here is an article on the damages an issuer may be able to recover and put back into the company, possibly in the form of a stock buyback, once approved by the SEC. #NASDAQ #NYSCE #SECEnforcement @OTCMarkets @securitieslawyer101 @TBLF_LawFirm @BarryBordetsky

https://t.co/iMC5PWDpXg

[Christopher Basile @BasileC_esq]

Here is an update regarding "RICO" claims by public companies against toxic dilution funders. The two federal courts sitting in different districts in NY have both agreed that RICO claims may be pursued against dilution funders. https://t.co/3ajZHkFUe5

[Christopher Basile @BasileC_esq]

$MMTLP - thank you for participating in this poll. And the one agency that most of your community members believe is the cause of the #MMTLPDeabacle is #FINRA. So what would you like too see happen to FINRA? @otclawyers @BasileEsq @busybrands @JunkSavvy @Cyntaxed007

[Christopher Basile @BasileC_esq]

$mmtlp - Which agency do you believe caused the #mmtlpdebacle and why?

[Christopher Basile @BasileC_esq]

$mmtlp - Thanks @Cyntaxed007. I have been working behind the scenes for this community the last several months, and hope to develop the relationship with many of you that my father has with all of you. Happy Thanksgiving weekend all - DM's are open