Friday, June 24, 2016 1:40:23 PM
Shares are being dumped because Fred issued 75 million brand new CJTF shares this year alone, for "debt reduction and for "services". This shares are being turned into cash as fast as the market allows.
Those who are dumping either know that CJTF is a scam for a fact, or don't care either way.
Read was posting that CJTF owed no money to toxic lenders, so who did he issued those shares to ? Close associates ?
Furthermore, the Disclosure statement claims that there is no entity owning or controlling 10% of the common, to the exception of Fred who has a 400% voting control thru preferred shares.
But it is physically impossible to issue a block of 30 million new common shares, and then 45 million more, in a very short span of time, without creating a 10% owner. But there was no disclosure.
Only Fred knows how many more shares he's issuing right now, and to whom.
As for the imaginary gold, he'll start production as soon he's solved his bondage issues...
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