So Many Mining Companies Changing Hands for Pennies – Why?

If you read the Reverse Merger Wire, you know that quite a number of public “mining companies,” many if not almost all based in Canada, have suddenly had a change in control for very small dollars. These companies, almost all of which are being marketed as shells and most if not all of which have ...

If I'm a hardliner, so be it…and another idea the SEC can implement now… 2

Some of the “other blogs” in this space have been preaching that it is ok to form so-called “footnote 32″ or now “footnote 172″ shells, because the SEC does not catch you in the act of deceiving the public. These at best questionable and at worst fraudulent shells are created by putting an apparently real ...