Logiq Inc (LGIQ)

[sunspotter]

This excellent post bears repetition, not least because it is a 100% true:

"Reality is also a good option. This restructuring effectively wipes out all of the current shareholders' interest if it goes through. Read the 8k carefully, it's laid out pretty clear.
Brent can't create $36 million out of something that doesn't exist, that's common sense.
Imagine the OS instantly going up by 72 billion. That is basically what is happening here.
What Brent did is criminal and should be stopped."

If you read on the social media elsewhere some nonsense about how this is actually a good idea, you can be sure that it's one of Brent Suen's many China-based IRPs trying to make a silk purse out of of what is definitely a sow's ear.

After all, he, his IRPs and his toxic finance cronies still have millions of free shares (awarded previously from his time at both Sinobiomed and STOA) to dump.