After we pointed out Bloomberg’s failure to mention that an analyst quoted in a piece had been paid by the firm he expressed bullishness on, Bloomberg corrected the piece, adding that “Beacon said in a statement distributed Jan. 10 by PR Newswire that it was compensated $15,000 and 100,000 restricted shares by a third party for enrollment of BioSolar in a research program, without giving more specific knowledge. Earlier nowadays, BloggingStocks.com reported the payment.”

But here’s where it gets confusing. In the January 9th press release, Beacon disclosed that:

“Beacon fairness Research has been compensated a total of fifteen thousand dollars and one hundred thousand restricted rule 144 shares from a

non-controlling third party for enrollment of BSRC in that research program.” (emphasis added)

But in a press release dated January 3rd, Beacon disclosed that:

“Beacon fairness Research and its affiliates have been directly compensated a total of fifteen thousand dollars and one hundred thousand restricted rule 144 shs directly from the company for enrollment of BSRC in that research program and other marketing services.” (emphasis added)

Continue reading Who is paying Beacon for the BioSolar ‘research’ besides?

Original post by Zac Bissonnette

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