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Alias Born | 10/14/2009 |
Friday, November 20, 2020 8:47:39 PM
The purchase was certainly made deep in the trips along with the promoters of this fairy tale while front loading and planning the scam to unleash upon penny stock marks.
If an insider had 10 million in liquid funds they would not have acquired a dirty shell with 4.5 million outstanding shares.
They would go public fresh and clean via a Form 10 or S-1 filing with prospectus and not have to purchase any shares whatsoever.
They would then issue them to themselves for services like every other private company that goes public legitimately.
There was absolutely ZERO reason to acquire this shell if the intent is to become a SEC registrant again, as stated.
That will render the shell obsolete, and completely unnecessary.
This shell was front loaded with super cheap shares easily available on the market as it has sat there dead in the water forever.
When the con artists were all loaded up, they released this bullshit fairy tale upon the public to enrich themselves massively and I expect the feds will take notice of this one considering the millions upon millions in illicit profits from perpetrating a fraud on the public.
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