From: blaze spinnaker
The great thing about Defkalion going public starting Nov
1st...is that they will soon either provide extraordinary evidence or they
are a fraud (and therefore an obvious short selling opportunity).Wrong. There is almost no stock market regulation in Canada. There are no short opportunities either for this kind of pump and dump. According to WSJ - Canada produces more stock market fraud than other countries and the penalties are light when you get caught. Unlike the major industrial nations, Canada has no national regulatory agency for securities - but leaves the task to the provinces, which pursue oversight with varying degrees of enthusiasm. And efforts at reform have been a joke. They would probably not extradite anyone from Europe, if and when this turns out to be complete fraud. Guess what? That lack of regulation in Canada could be related to the real reason these guys went to Vancouver in the first place - but never really set up a Lab there and instead did the demo in Europe. And has Alex not gone back to Greece permanently? That is the rumor. In effect - the whole thing about the "move" to Vancouver seems like it could be a ruse and a con - done solely to get the company listed on a largely unregulated stock market, but in an area where there is lots of investment capital due to the shale oil boom (unlike Greece). This ploy of DGT stinks - if that is really what is happening. I do not have the information to say for sure but it is clear that if DGT really have valid LENR technology- then they could not have handled it in a worse way.
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