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Re: wickw50 post# 71482

Monday, 09/14/2020 12:06:43 PM

Monday, September 14, 2020 12:06:43 PM

Post# of 73898
Exactly. This Bankruptcy would have never happened but for TCA's fraudulent actions.

Let's start with TCA Fraudulently Inducing ZNGYQ into the initial loan agreement. As a senior secured lender, TCA acted as ZNGYQ's bank making installment loans in ~1.5M tranches so the startup could fund operations and fulfill contracts.

ZNGY Company Sources have posted publicly that ZNGY had more contracts than they could fill. Business was booming. ZNGY just needed the additional loan payments to fund operations from TCA. BUT TCA purposefully withheld the funds because they were a Ponzi Scheme (see recent SEC lawsuit confirming that TCA misrepresented how much assets they had to investors, clients, etc.).

TCA didn't have the funds they claimed to have and screwed up ZNGYQ's business operations. TCA also then falsely blamed ZNGYQ and fraudulently triggered the bankruptcy due to some slick predatory lender language in the initial loan agreement.

If ZNGYQ could've just continued operations, there would have been no need for the bankruptcy and ZNGYQ would by a multi million dollar business today pushing into the billions. They were OTCQB with ambitions of up-listing to the NASDAQ

Check the bankruptcy filings. Assets and Liabilities are in the same range. The numbers are a joke and this bankruptcy should have never been triggered in the first place but for TCA's fraud - now TCA has been busted by the SEC and they are going to get moved out the way real fast. ZNGYQ was barely in any debt and one or two fulfilled contracts would have put them into major profitability.

ZNGYQ's services are more in demand now than ever. This is a VCs dream to come in and White Knight this thing. https://www.whatiszenergy.com/

IMO, ZNGYQ is going to go more on the offensive now and get TCA cut out so that the other creditors and commons can be made whole. If I had to guess, the White Knight 3rd party lender that is going to fund their bankruptcy exit is likely another lesser creditor who was ticked off with the original plan that would give the fraudsters at TCA the entire company and leave the other creditors with pennies on the dollar. There's ZERO chance that happens now. TCA can't fight back now. They don't have the resources. TCA was put into a receivership by the SEC and remain under investigation after 3 whistleblowers came forward to expose their Ponzi Scheme.

The millions of dollars that poured into ZNGYQ, a trips "Q" stock last week was not an accident. And it is not a coincidence that we receive news via today's filing that a White Knight has been identified who is willing and able to fund the bankruptcy exit. This is heading to pennies+

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