Wednesday, November 11, 2020 12:40:01 PM
Then he needs to take a good hard look in the mirror. LOL.
He is sucking the company dry.
Most companies get on the stock market to raise capital via dilution to grow the company.
But Kim (the magical CEO) has figured out a great scam. He acts as the middle man (in order to make millions off the company). He gives himself 10s of millions of shares in the company, sells them on the free market (for profit), and then takes a small portion of the proceeds and loans it back to the company at compounded interest. What a racket!!!
Recent KBLB News
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