Stocklemon Reports on Fronthaul Group, Inc.
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Rufus, It might be time to hire a lawyer!
Stocklemon Reports on Fronthaul Group, Inc. (OTCBB:FHAL)
Rufus Paul Harris, CEO of FHAL appears to have run amok of every conceivable securities law at once. He has created the perfect storm of violations.
The recent run in the stock can be attributed to the July 19 Press Release where the company states that they are going to convert all of the current shares for new shares worth $15 a share. http://biz.yahoo.com/prnews/060719/clw531.html?.v=25
ROF,L ROF,L!!! Where is this money going to come from Rufus? You can’t just change the symbol and make your stock price higher. Rufus has presented to the marketplace a lot of meaningless mumbo jumbo that has no basis in reality and utterly no consideration for security laws whatsoever.