So this guy named IPOmaker just made 6 IPO companies(IPO, EasyIPO, PumpIPO, DumpIPO, CommitIPO, pmoIPO). Their value is all under 2,000$. All of them (except IPO, EasyIPO and PumpIPO) are toxoid production companies as well.
IPOmaker joined the game 4 days ago. I don't know how he got the 200,000$ needed to start an IPO. He doesn't have any other companies that he could have gotten money from. Someone must have gave him money.
I believe that there could be more suspects since there are missing shares in his companies, most likely because he sent a private trade with those shares.
None of those suspects have 200k, though some of them have made ipos Interesting. Should we report IPO maker?
I don't know if what he did is against the rules though. But I think that there should be regulations like only Holding companies can be IPO'd. Or maybe you need to have an account age of 1 month before you can create an IPO.
But I think that we should not buy any of the shares on the exchange. We should not give him money.
There are companies in the exchange that IPO'd in a fishy way but at least they provide something and they are made by trusted people.
