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Sunday, March 19, 2023 1:02:01 PM
Technically, and rather simplistic view is if Feldenkrais wasn’t implicated by Svorai in his plea (or anyone else under indictment implicating him) and the shares can verifiably be squared, then there’s no reason for CE to stand. However, there’s always the matter of intent that the government can go after Feldenkrais — for knowingly getting into bed with a group under federal indictment with knowledge of a scheme, but idk if it’s worth it for the feds to prosecute Feldenkrais without either Svorai or Zoyes, or Nahon, or Skolnick (any one of them) directly implicating him as a co-conspirator. They can refer the matter to the SEC, as it falls outside the scope of criminal intent.
Yes, Feldenkrais is obviously a scumbag for showing reckless disregard out of the gate, and with all the other revelations here, like the fact that CATV has no real assets, for which shareholders owe him millions of dollars for, we can safely deduce that he was in it for a get rich quick scheme, but to prove intent in legal terms without corroborating witnesses is a tall order.
So technically, yes, once Svorai’s new docket is wrapped up, it should move the needle with OTCM, but it’s really unpredictable as to time. It’s like trying to read tea leaves.
I would keep an eye on the other companies, as those people directly implicated resigned a long time ago, and their shares were canceled, and they negotiated deals earlier than Svorai did. However, it seems their early actions didn’t move OTCM. Nevertheless, since the landscape has changed it’s worth keeping an eye on their individual docket and see in light of recent plea deals if those companies show any movement with CE.
Also, keep an eye on their PRs. POTN and WLAB in particular has issued PRs in the past regarding CE removal requests.
.......CB
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