Re: SHEC Labs IS A SCAM

From: Bob Eldred (nsmontassoc_at_yahoo.com)
Date: 03/22/05

  • Next message: Stephen Sprunk: "Re: SHEC Labs IS A SCAM" 
    Date: Tue, 22 Mar 2005 01:28:59 GMT

    "Scooby Doo" <mysterymachine@hauntedmansion.edu> wrote in message
    news:423e2d62.40074974@netnews.att.net...
    > On Sun, 20 Mar 2005 09:59:47 -0700, Don Lancaster <don@tinaja.com>
    > wrote:
    >
    > >SHECLabs wrote:
    > >> Guess what, all of you were right. SHEC Labs out of Saskatoon Canada
    > >> has been scamming investors for the past 14 months. They were selling
    > >> their shares at 2.00 and 2.25 and only receiving .75 per share. They
    > >> were paying out 62 percent in commissions and they Did not disclose any
    > >> of this to shareholders. The company knew they were scamming and did
    > >> nothing to stop it. Too bad, because they seemed to be on the right
    > >> track. They also did not send any paperwork to their European
    > >> investors as far as participating in a private placement nor did they
    > >> check the qualifications of each investor to see if they were in a risk
    > >> tolerance group to invest in a start up like SHEC.
    > >>
    > >> Oh well
    > >>
    > >
    > >Has there EVER been ANY recorded instance of a Canadian Penny Stock not
    > >being a scam of one sort of another?
    >
    > It's an interesting about-face by the guy who has been SHEC Labs' most
    > vocal internet supporter for the past year or so. I wonder what made
    > him chage his tune.

    Money! Money talks, bull *** walks. In short, was probably was a lousy
    investment with a negative return. The product was BS in the market.

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