IKN

a plague o both your houses

SEC > BCSC

Just swap out “Nikola” for any one of a hundred junior mining companies. Swap out “Milton” for the jr CEO. And then imagine a world in which Canadian securities officials weren’t taking bribes from mining moguls:

“We allege that Milton repeatedly made claims, mostly through social media, that either misstated or far exceeded what Nikola and its products actually did or could do,” said David Peavler, Regional Director of the SEC’s Fort Worth Regional Office. “Public company officials cannot say whatever they want on social media without regard for the federal securities laws. The same rules apply, and the SEC will hold those who make materially false and misleading statements accountable regardless of the communication channel they use.”

Sorrey, eh…

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