Aluf Holdings Inc (AHIX)

[Cash47873]

It's hard to hear sometimes with all the barking in the background. It I agree, where are the shares? This is no "typical" penny share selling scheme. The OS is puny by micro cap standards. 30m plus or minus is a joke. There are companies with hundreds of millions and even several billion os that trade more liquid than this stock. And those companies are more akin to the share selling scams some would allude to.
The problem here IMHO has to do with some schmucky private company owners looking to raise free money by going the public route. Then after selling a few shares go into silent mode and wait for frustrated shareholders to sell them back the shares at a discount so they can control the ownership of the new public company in a similar way to when they owned it privately.
The control of this company rests solely in the hands of the former private company CWS. Gary Polistena is a puppet. If there is a case to be made here it is with CWS former ownership using a public format to provide some sort of gap funding to further their private company goals.
They don't care what the present pps is because they know what their company is worth fundamentally. So time is on their side to sit with a busted pps. Once they have repurchased the shares they wish to purchase out of the open market they will then release the coveted financials that will show the true value here.
One thing I am not worried about here is WAFR true value. What no one knows is the trustworthy nature of the major share holders aka the "puppet masters".