Social Media FUD (Fear, Uncertainty and Doubt) and its Impact on OTC Company Stocks
Our firm has been provided with reports from a company that specializes in market surveillance of social media postings affecting OTC...
Our Blog
Keep Yourself In-the-Know
Search
Gustave Passanante, Esq.
- Mar 29
- 4 min
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’...
168
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...
635
Catherine Gretschel, Esq.
- Nov 16, 2021
- 4 min
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...
1,330
Mark R. Basile, Esq.
- Oct 22, 2021
- 6 min
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...
1,938
Mark R. Basile, Esq.
- Jan 7, 2021
- 4 min
TOXIC DEBT STOCK REPAYMENTS TO LENDERS MAY BE THE NEXT TIME BOMB UNDER BANKRUPTCY AVOIDANCE LAWS
Lenders Forced Stock Conversions may be attacked in Bankruptcy as a Fraudulent Conveyance
221
Mark R. Basile, Esq.
- Sep 5, 2020
- 4 min
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...
2,271
Mark R. Basile, Esq.
- Jul 20, 2020
- 6 min
Should the NY Attorney General Expand its Investigation to Convertible Note Lenders - Usury Laws.
Our law firm is known for taking the position that fixed discount convertible notes used to finance small underfunded public companies...
257
The Basile Law Firm P.C.
- Jun 9, 2020
- 6 min
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...
613
Mark R. Basile, Esq.
- Nov 13, 2019
- 6 min
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...
5,132
The Basile Law Firm P.C.
- Nov 13, 2019
- 6 min
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...
22
The Basile Law Firm P.C.
- Nov 13, 2019
- 9 min
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...
174