Dalrada Financial Corp (DFCO)

[SPM555]

So wait, let me get this straight. At 72 years old, after making a killing in the high end restaurant industry in CA and HI and well on his way to retiring comfortably, he decides to make a pit stop to bring $DFCO back from the dead, willingly audit the financials for the new business, only to knowingly get zapped by the IRS. Seems to me if that was the case he would have left $DFCO as an empty shell and moved on.

Here's a theory. Bonar isn't half as nefarious as you claim he is and instead was actually just going through growing pains as he tried to make past enterprises work, all the while learning from his mistakes and applying them moving forward. Many times a CEO gets roped into unfavorable financing out of desperation. And wouldn't you know, the first loan $DFCO has gotten wasn't for shares but for a flat 3% rate. And the company hasn't sold a single share so they have yet to profit yet in the least. They're clearly looking big picture here. No salary for Bonar, who's well on his way to retirement, and no new shares hitting the market as of today. Bonar is using his connections and experience to put together a retirement package for himself. Nothing else makes sense.