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Valyooo (39.36)

Chinese RTO's



March 22, 2011 – Comments (2)

Is there somebody out there masterminding all of this?  You think its one guy putting together a bunch of scams?  How is it possible that every (or at least almost every) stock in this field is a scam?  Its ridiculous.  Ive never seen a worse sector.

2 Comments – Post Your Own

#1) On March 22, 2011 at 5:35 PM, Valyooo (39.36) wrote:

Is it me or does the structure of an RTO seem prone to fraud anyway?

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#2) On March 22, 2011 at 6:36 PM, goldminingXpert (28.82) wrote:

The structure is perfect -- no accountability when getting listed. If a company could do an IPO, it would (you get more money and credibility going the IPO route). RTO is specifically designed for fraud (though there are some clean honest businesses that came about by reverse-merger -- they aren't all bad.)

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