AI
Monday, October 11, 2021 7:38:19 AM
There are no current operations whatsoever.
That “smart wallet” thing was a previous pump they attempted which failed. It isn’t listed as something they intend to do in the “plan,” it is in a section of things they tried previously.
Further, all those generous creditors who agreed to convert some debt into equity did so at a PPS of $0.0001. Look at it, begins on the bottom of page 7 of:
https://www.otcmarkets.com/otcapi/company/financial-report/305023/content
And it just happens to have satisfied the year of holding required for an unregistered sale of securities about the same time this bankruptcy was filed with the pumping battle cry of “save the common stock!!!!” Those creditors made out like bandits selling into that pump while the chorus sang.
This is a dead company. It has no assets, no employees (the CEO is a contractor), no location, nothing but debt and nearly 3B shares already in the O/S. Their whole plan is to get cash from a toxic lender in exchange for discounted free-trading stock that will be sold into that O/S for an instant profit.
Here it is from that contractor CEO testifying to the creditors conference:
That “smart wallet” thing was a previous pump they attempted which failed. It isn’t listed as something they intend to do in the “plan,” it is in a section of things they tried previously.
Further, all those generous creditors who agreed to convert some debt into equity did so at a PPS of $0.0001. Look at it, begins on the bottom of page 7 of:
https://www.otcmarkets.com/otcapi/company/financial-report/305023/content
And it just happens to have satisfied the year of holding required for an unregistered sale of securities about the same time this bankruptcy was filed with the pumping battle cry of “save the common stock!!!!” Those creditors made out like bandits selling into that pump while the chorus sang.
This is a dead company. It has no assets, no employees (the CEO is a contractor), no location, nothing but debt and nearly 3B shares already in the O/S. Their whole plan is to get cash from a toxic lender in exchange for discounted free-trading stock that will be sold into that O/S for an instant profit.
Here it is from that contractor CEO testifying to the creditors conference:
I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.
