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Sunday, 12/08/2024 1:38:19 AM

Sunday, December 08, 2024 1:38:19 AM

Post# of 7785
The Holcomb Annual 2024 Investor Update has been released—a veritable opera of deceit, adorned with the Holcomb's’ signature flair for fabrication and shamelessness. Allow me to surgically dismantle their feeble narrative:

Phantom Partnerships: Claims of joint ventures with a European fossil-fuel company and a U.S. data center are bereft of substance. Not a single trace of verifiable evidence exists that this is real or will lead to UL Certification for the ILPG. These proclamations are transparent attempts to mask their abysmal lack of deliverables. Investors must see these as the empty gestures they are—smoke and mirrors to stave off scrutiny.

The Zanzibar Farce: A so-called "showcase project" for Holcomb's ILPG reduced to ignominy. Astra’s millions funneled into a dubious African escapade have evaporated into thin air, leaving nothing but humiliation. Yet both Holcomb and Astra dare to parade this failure as a success, preying on the credulity of investors desperate for progress.

Patent Deception: Trumpeting Japanese patents superior to US is a laughable deflection. In truth, the U.S. Patent Office rejected Holcomb applications outright for a fundamental reason: the absence of a functional utility. Seeking Japanese patent approval is no vindication—merely a hollow bauble to distract from their inability to innovate.

Legal Morass: The Holcomb bankruptcy, rooted in their penchant for milking investors in prior schemes, has laid their modus operandi bare https://drive.google.com/file/d/1Ehz9K7ZN2LO6zp8Uj3aiFJpJ11f1XHLL/view. From Tennessee, where the court has rejected their summary judgment plea and confirmed a trial is necessary https://drive.google.com/file/d/1rfhRCCB9vdu3fGhFkVPw0m7lnXhkWV21/view. To allegations of outright fraud in misappropriating funds under false pretenses https://drive.google.com/file/d/15WVIIwSJCKQc8pEV8_mbHNOtv6crOsuy/view, their legal woes are mounting. Far from prevailing, they are on a downward spiral, ensnared in lawsuits that reveal their sordid dealings. Perhaps this is why they are constantly evading Process Servers by locking themselves in the building.

The Holcombs, Robert and Ellen, epitomize duplicity and greed. Their fraudulent exploitation of investor funds for lavish personal indulgences, exorbitant legal defenses, and crypto hoarding by investor funds underscores a pattern of unrepentant dishonesty. This is not failure—it is calculated criminality.

And they do not act alone. Astra, under Ron Loudoun's helm, has been complicit in sustaining this charade. Loudoun's tenure has been characterized by misleading announcements, fabricated successes, and a damning disregard for shareholder trust. Together, they have crafted a narrative of deceit that will leave investors pondering a grim 2025, not with hope, but trepidation.

This house of cards is tumbling, and for those still aboard, the future promises little beyond ruin and there are no lifeboats.
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