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Re: curious analyst post# 1097

Sunday, 08/15/2021 8:42:14 AM

Sunday, August 15, 2021 8:42:14 AM

Post# of 1914
I believe the shareholders lawsuit for the ones who held when the short
attack happened is included and is actually the bulk of the damages
requested. the other parts of the lawsuit involves UDF itself suing
for damaging their reputation and ability to make money and then you
have the lawsuit for damages to the funds themselves (mostly IV being
the subject matter).
UDF claims that IV was prevented the opportunity to increase its
business (some of it using borrowings and making a profit on the
spread) and there is that little thing of preventing the trust from
getting an auditor, which prevented the trust from filling to the
sec which in turn removed liquidity or ability to recruit money.
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