you'd be incorrect.
they claimed to have $650,000,000.00 in "audited assets"
they did $180,000,000.00 in convertible note issuance in the past 12 years.
that's around $800,000,000.00 in liabilities given the obvious overstatement of assets and the "company" will then have to write off 100% of these fraudulently claimed assets.
then the $180,000,000.00 they raised is also a liability since it was executed fraudulently with fake asset claims.
top put this in perspective: they have negative net worth of around $800,000,000.00 at this point.
waiting for this to "come back" is like waiting for the second coming of christ.
there isn't any carcass at all in this case.
just people staring at empty space envisioning what was never owned by them in the first place.
honestly there's nothing.
