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Re: Double DD post# 24207

Tuesday, 02/15/2022 11:09:36 AM

Tuesday, February 15, 2022 11:09:36 AM

Post# of 32130
Folks, while financing can be a good thing at times (M&A as an example), WHO you get in bed with is extremely important.

ILUS is now in bed with a very bad lender...RB Capital
https://www.defaulters.com/scam/rb-capital-management/

(from the site):
In similar investigative reports on similar subjects, our users discovered and exposed serious issues related to –

Fraud
Money Laundering
Litigations and Lawsuits
Sexual Harassment Allegations
Bankruptcy
Criminal Conspiracy


As for Luki Ventures, couldn't find anything on them at all...no website, etc

Discover is a bit larger, but I wonder on the details.

Folks, details are important - I had the same query on IQST when they were securing financing. Details can kill a company...were shares involved? What is the interest rate?

They are taking on debt, but at what cost...while some see this a good news, I do not. the sheer lack of details and the fact that they are in bed with RB Capital (shady?) is not good. Are they getting overextended on debt?

I don't know, because the details could kill this. Be careful folks. I am still waiting...once the dust settles, I will reevaluate.

Best to all on this one!

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