And if anyone is wondering why there are apparently so many shareholders lining up to sell their HRZ shares [157],be aware of the following quote taken from a post over at EDE;
'Amazon often obscures public scrutiny into its development plans by conducting business transactions through limited-liability companies.'
Needless to say,not only Amazon. It's common practice among the leeches at the Big End of town and on the international scene.
However,action is being undertaken.
Share holders will be receiving an email shortly outlining measures in hand to have the names of entities behind nominee companies revealed and thus who is behind the counter-intuitive shorting leading to manipulation of the share price. Holders will be invited to partake in discussion as to the nature of remedies to address price manipulation and progress of the our company in general.This will be via email, Whatsapp and Disc**d. Whatever best suits.
Personally, I feel ASIC's legal action against Macquarie Bank will set a precedent which can be followed against other entities. Again,in my view as price manipulation/fixing is clearly stated to be a white collar crime, {Corporations Act -Commonwealth-2001] I don't see why, when irrefutable evidence is produced, the police can't be asked to lay appropriate charges.
db
HRZ Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
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