OK, I'll type it slow so you can try to comprehend it.
Newton sold 2.1 billion shares to Gendarme, which they then sold 'illegally' into the market.
HOWEVER 2.1 billion shares is AT LEAST 20% of the ownership of the company. The law requires that anyone who purchases over 5% of the company needs to report that ownership immediately to the SEC.
No such report was filed.
There is ONLY one way to purchase such a large share of the company WITHOUT exceeding that 5% limit. The shares HAD to be purchased in smaller lots and each lot HAD to be sold before the next lot could be purchased. That is the only way to stay under the 5% reporting threshold.
So if Gendarme bought the discounted shares in smaller increments than 5% from Newton and then sold them immediately before coming back for more, THEN Newton knew what they were doing. He could not possibly have sold them 500 million restricted shares and then not noticed that they didn't have them when they came back for 500 million more. Furthermore he could not have been unaware of the number of shares being dumped into the market at the same time.
If he sold them more than one tranch of 500 million shares within the restricted time frame of the original sale, then he was complicit in the illegal activity. Once might have been a mistake but there were at least three more tranches after the first one. He knew and he agreed. He is in it up to his neck.
If you cannot understand the process by now, then this is another subject that needs no further dialog. So please stop bringing it up if you are going to refuse to understand it.
