Cenntro Electric Group Ltd (CENN)

[MadBadger]

Frederick's of Hollywood is an American lingerie brand formerly with stores in shopping malls across the United States. In 2015, all 111 retail stores were closed in advance of a bankruptcy filing. The brand was acquired by Authentic Brands Group and was relaunched as an online-only store, FOH Online Corp. In 2018, Naked Brand Group, Inc. acquired FOH Online Corp.
Also, if you were listening to the Shareholders meeting when Naked stated that Naked Brand Loaned $30 Million Dollars to Cenntro to get Operations Started and then at the Acquisition the Agreement states that Naked gets a $10 Million Dollar Loan Paid Off that was not there Prior to the Acquisition. Also, there was no Notification or Filings about the Newly Accrued Debt or Financing.