Cemtrex Inc (CETX)

[lucky2505]

As the parties were in the process of reaching the class action settlement, the Company filed a reply brief in support of its motion to dismiss the plaintiffs’ amended complaint in the securities class action.

https://globenewswire.com/news-release/2018/10/17/1622657/0/en/Cemtrex-Announces-Settlement-of-Class-Action-Securities-Lawsuit-Derivative-Actions.html

And that proves beyond a doubt that Cemtrex is a scam. If Saagar Govil thought the motion to dismiss had even a miniscule chance of succeeding, he would have delayed reaching a settlement in the class action lawsuit. Instead, he agreed to the settlement before there could be a ruling on the motion to dismiss because he knew the ruling would go against him. Govil is a run of the mill con man. He knows he isn’t smart enough to make a decent living as a legitimate businessman. He’s a crook because he’s a loser.