Here is an online retail IPO concept. Its ticker: SCAM
SCAM is an online company that sells stuff other people make.
SCAM recognizes sales of third party products thru its website as its own revenue
SCAM does not expense any foreign taxes that are actually paid
SCAM will not collect sales tax for as long as i can get away with it
SCAM will manufacture inferior fad gadget products and sell them at a loss
SCAM will make up for losses by increasing volume
SCAM will award insiders endless stock shares
SCAM will give shares and benefits to wives and idiot sons of wall street pumpsters for upgrades
Would YOU buy SCAM shares?