Tuesday, January 07, 2025 10:48:13 AM
This CEO is a habitual scammer who has screwed hundreds of shareholders out of millions of dollars. This is not the only scam stock he has run. There are several others that all ended in the same fate as KEGS.
Do a little DD on his scam Seaway Valley Capital. That was a real doozie LOL
The SWVC CEO made common shareholders pay $20+ Million for
a toxic-debt-stuffed shell, for no valid reason for SWVC
common shareholders; which is a blatant violation of Any
CEO's Fiduciary Responsibilities. A clean shell could have
easily been bought, or built from scratch, for less than
1% of that $20+ Million cost.
And, the story about not 'understanding' the terms of the
'toxic' convertible notes, and the SWVC lawyers 'overlooking' the fine print,
is total BS, at best. And, grounds for a common [and
Preferred] shareholder lawsuit, at least.
And, if the CEO is personally "getting something in return" ,
or hiding it in some other vehicle, that is Not owned 100%
by SWVC, that is a crime, And, he is personally financially
responsible for all common shareholder losses, and should
be serving 1+ years.
And, if the CEO is hiding it where SWVC might eventually get
all or part of it, then all of SWVC's SEC Filings, so far,
are fraudulent.
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