Is Capital Reserve Reserving Comment?
Who is to blame for e-mail campaigns that strive to inflate the value of obscure companies? Public companies do not always initiate these aggressive promotions. Indeed, the company may be just one more victim of the hype tainted by the actions of unscrupulous promoters who want to stimulate interest in a stock so that they or their unnamed associates and clients can dump shares. But when companies are victims, investors should expect a fair dose of righteous indignation. The company should distance itself from the tainted promotion and take reasonable steps to protect its shareholders. At the very least, a press release should be issued that clarifies the situation, disavows the promotion, and warns investors against unreasonable speculation. Unfortunately, Capital Reserve Canada Ltd. (OTCBB: CRSVF), has yet to take these steps. Last month we reported on a series of spam e-mails which claimed to have “inside information” on Capital Reserve Canada. Individuals who received the e-mails w
Is Capital Reserve Reserving Comment?