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Monday, September 05, 2022 10:40:14 PM
The dd that came out tonight thanks to deep blue is great evidence.
Phoenix capital put out a 250 million offering .....debt offering not share offering...they are paying 9% interest per month. That’s 25 million dollars per month on interest. 300 million per year on interest.
https://darik.news/delaware/phoenix-capital-group-holdings-llc-announces-its-reg-a-offering/481529.html
And remember these are legal binding agreements not just fluff and talk they will be paying 300 million a year in interest to the investors.
On the offering they checked off they did not want to disclose there revenue stream the last disclosure was 110 million per year.
https://www.sec.gov/Archives/edgar/data/0001818643/000165495422009976/xslFormDX01/primary_doc.xml
In order for them to be able to pay the interest alone their revenue stream had to have increased significantly.
We are talking about oil and gas sector
Why would they need 250 million .....only reason I can think is that they found a big deposit and needed the equipment to recover the deposit. They found something big which will generate enough revenue to pay 300 million in interest annually. Usually business only use at most 6% of revenue for interest payments. You see how fast these numbers are adding up. Once you do the math. .
Why did Atyg file that reverse split proxy but never update the articles of incorporation. How come on August 30 2022 they moved their domicile from Florida to Delaware there by automatically cancelling the proxy by default.
How come the majority holder of Phoenix capital is also the contact individual for Atyg as it merged into Delaware.
This is a real sleeper. Man many traders are going to be kicking themselves in the butt soon for not seeing what is going on
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