Five Penny Stock Promoters Charged with Conducting Various Manipulation Schemes
This is a great article about how the SEC has busted several penny stock manipulation schemes. The main stock discussed in this article is Urban AG (AQUM). The CEO was involved with people to promote the stock falsely. I once thought AQUM was legitimately trying to become a broadband company, but the CEO tried to manipulate the stock illegally to promote it. So, stay away from AQUM as well as other penny stocks that the SEC is busting.
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