SYBLEU Inc (SYBE)

[Big Brother]

Just started looking into this, supposedly Koos is no longer involved here.

With that said, there are some red flags though, their initial MM is ALPS, who I would consider to be probably one of the top 3 worst MMs you want to see on a new trading ticker, as they are typically used to unload convertible debt.

The TA just updated the share structure, it looks like they were able to get a fairly large amount of shares cleared and deposited @ DTC, 1.6M, for what is essentially a shell company, I don't even see a website at first glance. Looks like they get a small amount of revenue from ONPH but I don't even know what the business is exactly, or what they are licensing....lol. Not to mention this has a large amount of convertible debt.

Started trading Tuesday, some larger trades but has not looked very good otherwise, these ones with a lot of cds can go South in a hurry.

06/01/2023--0.08952-- 22000
06/01/2023--0.09-- 20000
06/01/2023--0.109-- 2000
06/01/2023--0.11-- 2000
05/31/2023-- 0.1073-- 20000
05/31/2023-- 0.11-- 10000
05/31/2023--0.107-- 10000
05/31/2023--0.11-- 10000
05/30/2023-- 0.1073-- 180000
05/30/2023--0.11-- 5000
05/30/2023--0.11-- 80000
05/30/2023--0.11-- 10000
05/30/2023--0.11-- 90000