I went to one at Texas Station a few years ago put on by CMKX Casavant Diamond mine which was the biggest over the counter penny stock scam in the history of the world.They didn't pay airfare or put people up in a hotel but they had some pretty good food,drink and entertainment all weekend.It was mainly used by the founder of the company,Urban Casavant of Las Vegas to bolster confidence in the company's standing while it was a house of cards ready to tumble.People were whipped into a frenzy like they were at an Amway convention begging to buy more shares.Then there were angry shareholders that got on stage while one of the bands was playing taking the microphone and demanding answers from the head hanchos as to problems with the company.It was a real hoosegow.
Casavant is from Alberta,Canada and lives in a luxurious Vegas mansion on the money of shareholders.He even hired the biggest of big nmaes in the financial world like Robert Maheau who was Howard Hughes money manager and famous corporate lawyer Roger Glenn just to give the company the image of it being legitimate.
It wasn't long after the bash that the SEC came after Casavant and halted CMKX from trading shares.Casavant feined a stroke over the whole mess.
Anyone here have shares in CMKX back then and got caught up in the hyped up hoopla???They should make a movie about it.
Casavant is from Alberta,Canada and lives in a luxurious Vegas mansion on the money of shareholders.He even hired the biggest of big nmaes in the financial world like Robert Maheau who was Howard Hughes money manager and famous corporate lawyer Roger Glenn just to give the company the image of it being legitimate.
It wasn't long after the bash that the SEC came after Casavant and halted CMKX from trading shares.Casavant feined a stroke over the whole mess.
Anyone here have shares in CMKX back then and got caught up in the hyped up hoopla???They should make a movie about it.