Monday, July 26, 2021 2:44:14 PM
The only reason this stock bounced is due to the active hearing currently in front of the judge in the lawsuit brought by WW. WW offered $2 a share a couple years ago for the convertible debt that Ryan converted at a much lower price subsequent and that is not going over well in the case as shareholders would seem to have been screwed so Ryan transferred the ~750k corporate shares with a dealer and have been manipulating the share price as window dressing trying to deceptively show shareholder have not been hurt but this was temporary and any fools buying or even not selling into this fraud deserve what they get.
Also why another Accounting Firm ran away as penalties are stiff when they discover the fraud and continue to participate. The firms can only pretend they were dupes for so long before that excuse expires. Hence the revolving door continues.
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