REAC Group Inc. (REAC)

[reces]

How did penny promoter Robert DeAngelis hook up with four, less than a year removed from bankruptcy, trucking executives to affect a merger? These guys owe millions of dollars through 2024 yet they were able to create a new company and hook up with the King of Phantom real estate holdings DeAngelis who R/S’d REAC as often as he could? If you look at the most recent 8K, these guys are just backslapping the crap out of each other. Yes, Mr. DeAngelis, we will pay you a boatload of money to let us have this company, but of course we get millions of shares in the deal too. WTF?

So it looks like this for common shares:

Efrat Afek
1,876,875
Ralph Milman
3,753,751
Ronan Koubi
3,003,000
Ronald Minsky
2,552,551

Yet it is taking 5 months for them to compile financials on Flora Beauty that hasn’t even been around for a year? Something stinks to high heaven here and the PPS reflects that.

https://cdn.pacermonitor.com/pdfserver/UYN4Q6Y/102957495/Optimized_Leasing_Inc__flsbke-18-10746__0428.0.pdf