The federal lawsuit filed in November 2015 by Multaply INC of Fort Lauderdale, FL, against many including former employees Eric Noveshen and Timothy Wagner, makes one wonder:
Was Eric Noveshen planning to take MULTAPLY public and pump-n-dump it like his other stocks, EDWY, SMEV, HIMR, PNOW, ECMH……? Is that why they are suing him?
Eric Noveshen was listed as an officer of the company and had a hand in registering Multaply in Nevada (Nevada laws do NOT require companies to make their shareholder lists public making it easier for pump-and-dump operators to stay behind the scenes unknown to potential investors/victims.)
Multaply might have been his next pump-n-dump. Thank your lucky stars penny investors- one less penny predator to fear.