Christopher Basile

6 posts

Christopher Basile banner
Christopher Basile

Christopher Basile

@BasileC_esq

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

เข้าร่วม Şubat 2022
18 กำลังติดตาม795 ผู้ติดตาม
Christopher Basile
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 thebasilelawfirm.com/post/damages-e…
English
0
3
4
547
Christopher Basile
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. tinyurl.com/mv5f23m6
English
1
2
8
222
Christopher Basile
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
English
7
16
54
6.9K