Counterfeit Shares & Market Manipulation in the Public Markets
Counterfeit Shares and the Public Markets
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Eric J. Benzenberg, Esq.
Mar 29, 20224 min read
Why a CEO MUST Consult an Attorney Prior to Amending a “Choice of Law” Provision in a Contract
Most laws in our country don’t tend to differ much between states. In fact, it’s probably accurate to say that a majority of states’...
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Marjorie M. Santelli Esq. and Christopher M. Basile, Esq.
Feb 27, 20228 min read
How RICO and the Adar Bays Decision Can Help Microcaps Recover Losses Caused by Toxic Lending
On October 14, 2021, the New York Court of Appeals issued its decision in Adar Bays. The Adar Bays decision put a major dent in the...
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Eric J. Benzenberg, Esq.
Feb 18, 20223 min read
Toxic Lender's Stall Tactics Fail in Minnesota State Court
After commencing litigation against DarkPulse, Inc. in a Minnesota State Court, convertible note purveyor Carebourn Capital, L.P. has...
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Christopher M. Basile, Esq.
Nov 15, 20214 min read
How Toxic Lenders are Responding to SEC Investigations and Enforcement Actions
As many of you already know, and for those CEOs of small public companies that do not know, the United States Securities and Exchange...
2,479
Mark R. Basile, Esq.
Oct 22, 20216 min read
New York's Highest Court Rules Convertible Notes Subject to Criminal Usury Laws
The Basile Law Firm P.C. has been steadfast in representing our OTC Markets issuer clients in both federal and state courts around the...
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Mark R. Basile, Esq.
Jan 20, 20216 min read
OTC Markets Death Spiral Funders Days may be Numbered
For the last several years, toxic convertible note funders have had their way with small, under-funded OTC Markets publicly trading...
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Mark R. Basile, Esq.
Sep 4, 20204 min read
OTC Market Issuers May Recoup Hundreds of Millions from SEC Actions against Toxic Lenders.
Many CEO’s and investors in small public companies trading on the OTC Markets are closely following the SEC lawsuits instituted against...
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The Basile Law Firm P.C.
Jun 9, 20206 min read
Transfer Agents and a new Standard for Rule 144 Opinion Letters
Transfer agents require convertible note holders to supply a legal opinion letter from a securities attorney explaining the legal basis...
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The Basile Law Firm P.C.
Apr 19, 20203 min read
SEC Finally going after Toxic Convertible Note Debt Lenders
The OTC Market is plagued with thousands of small public companies taking thousands of small loans in the form of convertible debt. If an...
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The Basile Law Firm P.C.
Nov 13, 20194 min read
Could The End of Toxic Convertible Notes Be in Sight?
It may happen soon, especially in states like New York, Florida and Texas, all of which have criminal usury statutes capping the amount...
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Mark R. Basile, Esq.
Nov 13, 20196 min read
Microcap Terrorism - A Warning to OTC CEO's
There are many forms of terrorism in this world playing out right before us and we are all somewhat familiar with the political form, but...
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The Basile Law Firm P.C.
Nov 13, 20199 min read
Is A Convertible Note a Security?
Convertible Note Stock may NOT be eligible for Resale after 6 months but may also be subject to state Usury Laws. The deadly toxic...
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The Basile Law Firm P.C.
Apr 18, 20186 min read
THE FRIDAY THE 13TH CONVERTIBLE NOTE MASSACRE
HEY CONVERTIBLE NOTE HOLDERS – LET’S MAKE A DEAL! Turns out that Friday the 13th is also unlucky for toxic convertible note-holders! I...
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