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Re: JBZ post# 122808

Wednesday, 10/04/2023 11:09:53 AM

Wednesday, October 04, 2023 11:09:53 AM

Post# of 122979
Debt conversion allows brokers to short sell at the higher price, then they get the debt diluted shares cheap to cover the shorts. The float rises and the price falls.

-A company starts with 100,000,000 shares
-The company adds debt on the books (affiliate or some other association)
-Debt diluters give the CEO $100,000 (Paying off the fake debt) for 100,000,000 shares restricted
-Debt diluters show they paid debt and the benefit is the 100,000,000 become free trading.
-Debt diluters do that 20 times and end up with 2,000,000,000 free trading shares
-The CEO makes less and less for each 100,000,000 so the CEO may make only $1,000,000 at best.
-Debt diluters PUMP the crap out of the stock at $.15 per share (NASDAQ, $100,000,000 in sales) etc.
-Investors believe with only 100,000,000 in the float, once they are sold the price will rise.
-PROBLEM
-Brokers are NOT selling just 100,000,000, they are selling short 1,000,000,000 at the same $.15 but no one sees the increased float YET.
-Once the shorted shares are sold at $.15 and the brokers took in $150,000,000 CASH! they pay the debt investors $20,000,000.00
-The debt investors issue to the brokers the 1,000,000,000 shares to cover the shorts.
-Since the debt investors shares are NO LONGER owned by the company, ALL investors are doing is giving money to the brokers and private person NOT the company.
-The brokers cover the shorts, and the float increases to 1,000,000,000 or more.
-Brokers make $130,000,000 (Plus all the commissions)
-Debt investors make $19,000,000
-CEO makes $1,000,000
-CAN YOU GUESS WHO LOSES? ALL OF YOU!

:)