DD Support Board and Research Team

[samsamsamiam]

This was pretty interesting:
https://sundiatapost.com/2018/03/26/milost-sued-in-new-york-for-fraud-violating-us-securities-exchange-law/


...
One Nigerian company confirmed to BusinessDay that Milost made a similar proposal as was made to MacGregor, as criteria to invest in his company.
The company’s CEO said on condition of anonymity that he pulled out from the deal when Milost asked he paid “about 20 percent of an unstated amount Milost was to provide his company.”
He said he got confused when the proposal stated that his company was liable to a “huge penalty fee” if the company’s share price did not jump to an agreed higher price.
“Share price movement is down to market forces and is not something a company can control,” the person said. “That penalty, as well as some ludicrous fees Milost asked of us, made me question the ingenuity of the deal and eventually opt out.”