The SEC says two CEOs sold a short-squeeze story to drive a stock high enough to raise $137.5 million, then spun the oil and gas assets into a private company nobody could sell. The trading halt came on a Friday in December.
By Mark Tell · May 1
Daily at 6AM Eastern
See the pitch they're running today.
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The MarkTell Daily
Tomorrow's pitch, decoded today.
Financial crime intelligence. The patterns, the tells, the playbook. Daily at 6AM before anyone asks you for money.
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