Zenergy Brands Inc (fka ZNGYQ)

[UncleBilly]

$ZNGYQ DD What's Been Going On with TCA?

Here's a 7 Tweet DD Thread on the Current State of Play

https://twitter.com/UncleBillyMoney/status/1305164766705528832?s=20

In a nutshell, TCA (shady lender) went in for a hostile takeover here but they have their own problems as they recently settled fraud claims with the SEC and the Whistleblower investigation of TCA is ongoing.

This is still a Q so there are no guarantees and I'm going to mitigate risk by taking some profits and let the free shares ride but I don't see how the judge would allow TCA to take the company private and cancel common shares under these circumstances. The upside potential here is mind blowing.

SOURCES:

https://www.reuters.com/article/us-hedgefunds-tca-sec/florida-business-lender-accused-of-accounting-fraud-settles-with-sec-idUSKBN22P2Y6

https://www.compliancebuilding.com/2020/05/20/the-one-with-the-inflated-loan-values/

"TCA Fund Management Group Liquidating Main Investment Fund Amid SEC Probe & Whistleblower Complaint" https://www.silverlaw.com/blog/tca-fund-management-group-liquidating-main-investment-fund-amid-sec-probe-whistleblower-complaint/