Cemtrex Inc (CETX)

[lucky2505]

Here is the 8-K filed Friday by Cemtrex which shows how Arun Govil will keep the $7,100,000 he stole from the company by repaying the theft with shares of preferred stock which he issued to himself for free. Those shares are so illiquid as to be virtually worthless no matter their price.

https://www.sec.gov/Archives/edgar/data/1435064/000149315221004996/form8-k.htm

The only good thing that could, but probably won’t, come of this is that the SEC can consider all the shenanigans Cemtrex has engaged in throughout its fraudulent history and decline to relist its stock.