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Entrepreneurs, Be Careful to Avoid Penny Stock Scams

The Startup Magazine

Mr. Walsh falsely claimed that Bre-X found a gold mine in Burma. Investors typically purchase these stocks because they the demand for these stocks are huge. Companies that operate outside of the United States do not register the shares that they are selling to investors. In the mid-1190s, the founder of Bre-X was David Walsh.

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