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TransAsia Judgment

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TransAsia Judgment

Re: SirScalpAlot post# 10234

Wednesday, 06/19/2019 3:09:16 PM

Wednesday, June 19, 2019 3:09:16 PM

Post# of 10282
If you saying convertible debt, and if it is correct

Then you need to look at NEWLF where Bertsos was CFO

The convertible debt was used to trade shares off-market. This is discussed in the SEC complaint against certain individuals where NEWLF debt was converted into shares and selling into the open market - flooding the market

This makes sense

More than likely, this is probably how Bertsos is paying his $1.5 million salary and other expenses





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