Regardless...the market response was a collective ''yaaaawn.'' Old management audit aside there's been nothing preventing Park from generating the river of revenue as he obviously implied long before he ever landed at Spooz. So why hasn't he? He told people he had financing...that his EB-5 immigrant investors couldn't wait to pour millions into his schemes in exchange for visas and green cards. He said SPZI ''owns'' the commodities rather than acting as a middle man (aka a ''food jobber'' as other partners previously described him).
Now he's jet setting around the globe on borrowed money ''acquiring'' stakes in other companies. And by doing so he's leading investors to believe that these other entities will finance his activities and generate the income he apparently can't. All he seems to actually have is sole control of a debt riddled shell...one in which neither he nor anyone on his ''team'' purports to own a single share. AND a shell that has ZERO shares left to issue, sell and finance operations with.
Where is the proof Park has ever generated significant revenue for anyone??? He's reported to be bankrupt with a history of evictions and a $4 million judgment against him from another failed scheme. Then there's his reprehensible Covid profiteering counterfeit face mask scandal that not only put lives in danger but destroyed Renavotio and burned him personally. All recent history.
Yet you believe he has suddenly had an injection of ethics and business abilities?
Bearish
Consider me an IDIOT. Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.
AI
