Sucks to Be Dave Foley...

[Mike A]

Are you aware of this guy's previous criminal record?

[Gilrock]

Are you aware of this guy's previous criminal record?

I'm not and most of the links in this thread don't work anymore.  I thought he was in the WWF.

[Hoopz]

If the shares was his to sell, then he can sell them how he sees fit.

It will be interesting how he inflated the shares fraudulently.

It will be interesting how the authorities tracked his emails.

Regardless of whether the shares were his or not, you can't lie to investors or potential investors about valuations.  That's considered fraud.  And if you're considered an insider by the SEC, that's a violation of federal law.

His communications were properly monitored during his stay in gen pop.

[lilshawn]

I thought he was in the WWF.

That was Mick Foley

I loved his work on "kids in the hall"

[Vocalitus]

If the shares was his to sell, then he can sell them how he sees fit.

It will be interesting how he inflated the shares fraudulently.

It will be interesting how the authorities tracked his emails.

Regardless of whether the shares were his or not, you can't lie to investors or potential investors about valuations.  That's considered fraud.  And if you're considered an insider by the SEC, that's a violation of federal law.

His communications were properly monitored during his stay in gen pop.

Remember Enron?

https://en.wikipedia.org/wiki/Enron

[Hoopz]

If the shares was his to sell, then he can sell them how he sees fit.

It will be interesting how he inflated the shares fraudulently.

It will be interesting how the authorities tracked his emails.

Regardless of whether the shares were his or not, you can't lie to investors or potential investors about valuations.  That's considered fraud.  And if you're considered an insider by the SEC, that's a violation of federal law.

His communications were properly monitored during his stay in gen pop.

Remember Enron?

https://en.wikipedia.org/wiki/Enron

Thanks for making my point.  Ken Lay - guilty and died before being sentenced.  Skiling went to prison as did Fastow. 

Same thing with Worldcom/MCI and Bernie Ebbers, prison.  Madoff was different with the ponzi scheme, but he was charged with fraud also.

[nitrogen_widget]

Is this that divemaster guy?
I forget.

blows my mind how someone gets out of prison for what he did and ends up at a legit job making more money most likely than honest people who haven't been in prison who could do that job and then he goes for the fast money scheme.

they make tv shows and movies about guys like this.
they are usually depicted as having someone in desperate need of therapy.

[Hoopz]

No, Divemaster is/was a legit reseller here.

[Vocalitus]

If the shares was his to sell, then he can sell them how he sees fit.

It will be interesting how he inflated the shares fraudulently.

It will be interesting how the authorities tracked his emails.

Regardless of whether the shares were his or not, you can't lie to investors or potential investors about valuations.  That's considered fraud.  And if you're considered an insider by the SEC, that's a violation of federal law.

His communications were properly monitored during his stay in gen pop.

Remember Enron?

https://en.wikipedia.org/wiki/Enron

Thanks for making my point.  Ken Lay - guilty and died before being sentenced.  Skiling went to prison as did Fastow. 

Same thing with Worldcom/MCI and Bernie Ebbers, prison.  Madoff was different with the ponzi scheme, but he was charged with fraud also.

You are missing my point.

Oh well.

[Mike A]

Maybe if you made a point instead of posting 2 words it would be easier to follow.

[Vocalitus]

Maybe if you made a point instead of posting 2 words it would be easier to follow.

It reminds me of how US cinema has to explain the ending of movies to their audience.

[Mike A]

That is really dumb.

[Howard_Casto]

Maybe if you made a point instead of posting 2 words it would be easier to follow.

^^This^^

First of all nobody does that thing about the movies, I'm not sure where you heard that from.   

Secondly I'm not exactly a dummy and I rarely know what point you are trying to convey.   Please use your words as conversation is the key.   

[bobbyb13]

I read back through the last 10 posts in this thread twice and still can't sort out what I missed.

[Vocalitus]

I read back through the last 10 posts in this thread twice and still can't sort out what I missed.

I'm trying to explain that previous US governments allowed stock manipulation, and now its apt to punish those who follow in their foot steps.  I'm finding out that the geriatrics and young folk alike are having a hard time grasping this historical aspect.

[bobbyb13]

The SEC punishes whomever they are told to.

The bosses doling out abuse as they deem fit is a concept neither old or new.

As the brilliant Mr. Carlin once said-
"It's a big group, and you ain't in it."

People like Elon can pull all kinds of ---steaming pile of meadow muffin--- that I would be drawn and quartered for and they send Martha Stewart to jail.
Same as it ever was.

Not sure whether you would put me in the geriatric group or not, but referring to the majority of the community in derisive terms doesn't seem appropriate.

[Vocalitus]

The SEC punishes whomever they are told to.

The bosses doling out abuse as they deem fit is a concept neither old or new.

As the brilliant Mr. Carlin once said-
"It's a big group, and you ain't in it."

People like Elon can pull all kinds of ---steaming pile of meadow muffin--- that I would be drawn and quartered for and they send Martha Stewart to jail.
Same as it ever was.

Not sure whether you would put me in the geriatric group or not, but referring to the majority of the community in derisive terms doesn't seem appropriate.

Its a wide spectrum indeed.  If the shoe fits...

Depending on who is representing David Foley, he should get away with this with a slap on the hand, and this other party.  Seems like a mountain out of a molehill.

[BadMouth]

Decided to revisit investorshub, which is where I remember shilling and people screaming about the shilling back when this thread was fresh.
https://investorshub.advfn.com/NanoTech-Entertainment-Inc-NTEK-24538/
I'm sure there are many rabbit holes there if someone were inclined.

[nitrogen_widget]

No, Divemaster is/was a legit reseller here.

Thanks.

[Howard_Casto]

There seems to be this strange moral loophole for some people that seem to think it's ok for them to do a bad thing just because someone else did the same bad thing.   I assure you that is not the case.   The US government does shady ---steaming pile of meadow muffin--- all the time and it is wrong.   That doesn't warrant justification for private citizens to do the same wrong thing. 

[saint]

Pruned out the last bit of this thread. Please for the sake of my blood pressure be nicer.

[pbj]

Remember, the problem isn’t fraud, it’s naughty language.

 

[bobbyb13]

Remember, the problem isn’t fraud, it’s naughty language.

 

Love that I can always rely on pbj for a good laugh!

I just read through some of the info linked courtesy of Malenko.

Wow-
Can we change the title of this thread to be "Sucks to be A VICTIM OF Dave Foley' ...?

And what is REALLY weird is that I actually went to high school in CT with a guy named Dave Foley-

[Malenko]

I didn't link anything , BadMouth did. I for one hope Foley gets significantly more than a slap on the wrists.

[bobbyb13]

I didn't link anything , BadMouth did. I for one hope Foley gets significantly more than a slap on the wrists.

Apologies to both of ya!  It was late I suppose- and this thread got so messy I couldn't remember-

And yeah, that guy deserves to sit somewhere uncomfortable for a long time-

AFTER he has paid back what he stole from all those people.

[Vocalitus]

I didn't link anything , BadMouth did. I for one hope Foley gets significantly more than a slap on the wrists.

Apologies to both of ya!  It was late I suppose- and this thread got so messy I couldn't remember-

And yeah, that guy deserves to sit somewhere uncomfortable for a long time-

AFTER he has paid back what he stole from all those people.

It didn't get messy.  People here like to get over enthused.  Were are not all innocent of being a bit naughty.  I went two miles over the speed limit on the freeway a couple of years ago.  Last year I got stopped for doing 40 in a 45 MPH.  I asked the policeman if I should be looking more at the road or the speedometer.  It got comical after that.  I now have a license plate holder that says I go slow. lol

Well David Foley created the first multi arcade game emulator for commercial purposes before MAME arrived.  He tried to take the MAME trademark which was naughty and everything seemed to go down hill after that.
Selling game packs he might have owned or licensed got him in hot water and he paid his dues.  Maybe he got some bad advice from inside.

Now he is suspected of allegedly inflating stock pricing.  Which is a serious no no.  I know a few people who has lost their collective BTC bottoms because of pump and dump, and nobody got arrested for that last little caper. So it is not clear cut and all apples and oranges.  Did anyone else profit from the pump?  What about the dump?  Oooh BTC is $47K at the moment...

What about Foley's alleged Pump.  Were they all losers?

[bobbyb13]

Sounds like you didn't read the indictment.

I'll respect Saint's wishes (and blood pressure) and refrain from further commentary.

[Vocalitus]

Sounds like you didn't read the indictment.

I'll respect Saint's wishes (and blood pressure) and refrain from further commentary.

I read the indictment and the case looks flimsy.  If the first part fails then the rest of the indictment fails also.  There are no mention of whom he allegedly defrauded. There is no current valuation of said companies.  Looks like a federal fishing trip.

Remember we are all innocent until proven guilty.  Usually its the other way around.

Saints blood pressure rises when we break his rules not the topic under discussion.