It blows my mind that people feel so slighted by Elio that all they can do is uncontrollably spout criticism every time Elio posts anything. I mean, I heard about this thing years ago and if you just read what they say, they make it very clear what their obligations are and anyone who can read should be able to come to the conclusion that there's some inherent risk here. This isn't something you pull out your retirement for. Do these people picket casinos? What part of this deal didn't they comprehend?Many different types of trolls, I tend to see two primary groups; 1) those who believe they have been slighted - whether they have or haven't is irrelevant since their perception is real in either event. Generally direct, open communication will ease their concerns. 2) those who have low self-esteem. Engage in communication at your own risk - open communication is not their objective.
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Lol, if I were at StartEngine I could probably give you some pretty decent leads depending on how careful they've been, but with the data I have your guess is as good as mine. Honestly, I don't understand why anyone would pick this target for these simplistic throwaway account and script kiddie attacks. I mean, surely they understand the SEC has an interest in this. If you're going to do something questionable, for god's sake don't throw around numbers like $500k using a dead basic attack in full view of the freaking Securities and Exchange Commission. That's suicide.
just curious .... what would be required for the Securities and Exchange Commission to get involved .... somebody will have to push it .... what do you feel are the odds of that happening
In Reg. A+, who knows, but in any other dealings the SEC has, this would fall under manipulation of a security's price or volume:
Manipulation is intentional conduct designed to deceive investors by controlling or artificially affecting the market for a security. Manipulation can involve a number of techniques to affect the supply of, or demand for, a stock. They include: spreading false or misleading information about a company; improperly limiting the number of publicly-available shares; or rigging quotes, prices or trades to create a false or deceptive picture of the demand for a security. Those who engage in manipulation are subject to various civil and criminal sanctions.
All documentation I can find in regards to Reg. A+, though, deals with the issuers or predatory buyers looking only to resell engaging in manipulative actions, versus fake investors manipulating the volume of an offering based on some grudge against the issuer. There may be additional details I haven't found, but this looks to me like another area of Reg. A+ that will need to be explored in depth using Elio as a case study.
interesting .... info appreciated
In the SEC's own words they only have the resources to prosecute the most egregious violators of the rules. The big fish with big bank accounts who have committed massive fraud. Shaking Larry lunch bucket out of the tree will not pay the legal bill or the penalty.
Devilstower
Elio Aficionado
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And now we're back above $23m. Looks like either some of the discounted values have been restored, or the trolls are still at it.
That's true. They'll probably be immune for now unless someone decides the first big A+ offering needs some examples made in it to ensure people's faith in the process. I'd give it a pretty low likelihood, though.In the SEC's own words they only have the resources to prosecute the most egregious violators of the rules. The big fish with big bank accounts who have committed massive fraud. Shaking Larry lunch bucket out of the tree will not pay the legal bill or the penalty.
Even with total immunity, though, I still wouldn't mess with this kind of target. It's just too inviting and too close to an area of law with a lot of eyes on it. Data can follow you for a long time. Even if you don't get shaken out of the tree today, if some entity ever does care enough to shake you out there's a good chance they'll be able to dig up some incriminating history. An aspiring script kiddie would be well advised not to do anything too early that pings them on the radar too noticeably. Touching something worth millions with a high profile, even if it's this simple, is definitely not the smartest move (or the best practice, for that matter).
I just noticed your location is EU. Does this mean European Union?
Ty
Elio Addict
How illegal would it be to show interest in something and then back out? There is no legal binding to this "interest gauge". What law would be broken?