New 8-k is about Dror’s shady bro-scam — signing toxic debt with his 2 brothers (as they did in V-POR) and failing to properly disclose it as “related party” and as “subsequent events”.
The auditor’s (Haynie) resignation letter filed with the 8-k clearly discloses to the SEC that they (Dror & Co.) were still not being honest with the commission as to reasons why Haynie resigned. They were being shady AF, as they were in all previous public companies.
I kinda knew it was the case before they even filed Haynie’s disagreement letter because this is how they operate their businesses by attempting to hide what should be reported, but unfortunately as in the case of V-POR, folks don’t find out about his brothers until they’re well within the death spiral (280M O/S to 27B O/S) ... https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147204312
We believe that the company failed to disclose related party transactions for debt, convertible debt or equity where cash was received in July and August of 2018, in its March 31, 2018 and June 30, 2018 Forms 10-Q and the subsequent amendments to these filings as subsequent events.
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