Friday, June 24, 2022 12:06:53 PM
Theory 1: CEO Josh just didn't do the paperwork. While we find this highly improbable it is possible. He has put a lot of time and effort into bringing the company current on its filings and to drop the process in the midst of a proof of concept build would seem odd.
Theory 2: Issues with the RD build. This is a likely scenario and common in out-of-state owners. It is unusual for ("small") out-of-state builders to manage these properties efficiently (been there done that). Evidence can revert back to the lack of COC pics and enthusiasm distractions such as his own stone company running projects out of state.
Theory 3: CEO Josh intended for the $MSTO Expert Market move as an opportunity to cover his financial tracks with his inner circle of influence - namely RSO Eric. Keep in mind CEO Josh has single handedly been diluting $MSTO shares since his arrival. In addition he has realized he can hid money in SBQ as a C Corp apart from OTC scrutiny and especially the shareholders. Thus a good reason why he would have issued pie in the sky PRs while collecting new shareholder interest all the time flipping newly issued shares back into the retail float. This process has been discussed a number of times on this forum.
Did we miss anything?
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