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Re: Ryoko post# 43330

Sunday, 04/07/2024 1:53:03 AM

Sunday, April 07, 2024 1:53:03 AM

Post# of 45200
💥BOOM💥 No surprise the SEC is looking into this train wreck. I would not be surprised if it went below 30 by the end of this coming week.

They have been for a year and a half and fined them almost 20 million. Which was supposed to be paid at some point in the merger process. Haven't seen anything from the SEC that the lawsuit money was paid. I don't believe it was worded that the fine had to be paid 'before' the merger. Which actually was pretty stupid if true that the SEC just left them off the hook like that. But the SEC can be weird sometimes.

Also not sure if the SEC got any new money that the last president stole from their department budget..

Were the SEC aware of the shady money deals to keep them propped up and would that even be something the SEC would look at at the time? They may now do something. No way of knowing as the SEC doesn't make any public announcements at all until ready to go public.

Basically the money games since the beginning is likely a thing for the DOJ and fraud investigation. The principal made a shit ton of money up front in pre investors prior to the spam spac going public and it's all gone to legal, or knowing him, it's banked off shore while still using other peoples money.
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