Johnney claims to have all this money and spent a bunch of money on Gaia and he hooks it up with GRLT, a decades long serial scam
Let me bring you up to speed.
When a developer walks into a bank and tells them they have a group of investors that have the necessary cash (35%) to fund a new development, they still look for a sole (developer) member to provide a "personal" guarantee and provide tax returns and a financial statement before they approve the 65% loan, IN most lending practices today.
While there are some large scale developments that you can negotiate a percentage of the loan in pledging the personal guarantee (IE' 10-20% of the loan) the developer is still required to show a balance sheet that supports he has the necessary cash to handle the MANY unknowns related to these projects.
Do you have any clue of the amount of cash Johnny would need to show the bank to get the kind of approvals to build even a $50M development?
In other words, your statement of; "claims to have all this money". Any developer who has "$2.1 billion under management would explain how an unknown shell is about to launch its new platform. My experience tells he paid far more to set this platform up than anything spent on legal to have purchase GRLT. Additionally, his attorneys would have needed to review the shell given how they understood the importance of looking for ALL the skeletons, given how they went with GRLT and would have transferred under a SOL. Which in most cases would expire within 2-years of the actual event or discovery (in some cases) of the event.
Investors or potential investors should focus not on GRLT past knowing this would have been reviewed at the time of taking it over, but on what the new team has built and is currently building.