Whistleblowers Needed for the Rest of the Story

Having employees motivated to make certain that the investing public knows the truth puts a serious crimp in their ability to profit from cheating.

Between May 2009 and April 2011, Gold Standard Mining Corp. reported on its acquisition and operation of a Russian gold mining company. What it said was true. It had acquired the company and it was operating the company. How could any investor draw negative conclusions from that news? The sticking point was the rest of the story. According to the SEC’s press release: (more…)