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Entrepreneurs, Be Careful to Avoid Penny Stock Scams

The Startup Magazine

By 1997, the company’s penny stocks were valued at $4.4 Securities and Exchange Commission investigates these schemes; however, by the time they shut them down, the investors have lost the investment money. Walsh falsely claimed that Bre-X found a gold mine in Burma. Guru Scams. People often fall for guru scams.

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The Rise of the Secondary Market for Emerging Growth Equities– Necessary But Insufficient

Pascal's View

This is a good example of technology driven market change being accelerated by new securities regulations). This enabled consolidation among the brokerage houses and banks, which led to the loss of multiple distribution channels for securities and reduced the ability for small players to survive. In the U.S. cents or 6.25 cents or 6.25

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