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Wednesday, January 26, 2022 10:49:16 AM
How would a company with a lengthy history of 'meh' revenues, trading in triple to double zeros, and with no appreciable cash or other assets have enough sway with a Verified TA to get them to make inaccurate reports for over 12 months, risking their standing with OTCM? There isn't enough money changing hands here to make me consider jaywalking, much less taking an action which would threaten my livelihood.
While I would not be surprised to learn that Swahti has indeed sold off most/all of her holdings, the conspiracy necessary for the company to 1) sell shares without filing a registration statement (necessary for the shares to be tradeable); 2) without filing a Form D (which would result in untradeable restricted securities); and 3) do either of the above without any such sales being reflected by the TA, is laughably implausible.
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