DD Support Board and Research Team

[janice shell]

Yes indeed. And this is only from 2018 to early 2023. Kramer has been in the toxic funding business for much longer than that.

During the Relevant Period, Defendants funded approximately 325 microcap
issuers in nearly 2,000 convertible securities transactions and converted those securities into
more than 90 billion shares of newly issued common stock. Defendants quickly sold the shares.
They obtained more than $75 million in profits from these transactions as of March 31, 2023.
The overwhelming majority of their profits—at least $60 million—came from converting notes
and preferred shares and selling the newly issued post-conversion shares into the public markets,
not from cash payments of interest and dividends. Specifically, through March 31, 2023, on
convertible securities purchased during the Relevant Period, Power Up earned net trading profits
of approximately $39 million, Geneva Roth earned net trading profits of more than $14 million,
and 1800 Diagonal earned net trading profits of approximately $7 million.

https://www.sec.gov/files/litigation/complaints/2024/comp25995.pdf