"Pump and dump" (P&D) is a form of securities fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" (sell) their overvalued shares, the price falls and investors lose their money.
https://en.wikipedia.org/wiki/Pump_and_dump#:~:text=%22Pump%20and%20dump%22%20(P%26D,stock%20at%20a%20higher%20price.
what are the false and misleading positive statements to artificially inflate the SP?
Ann: Completion of Acquisition of Carmichael Prospecting Company, page-7
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