Coastal Capital Acquisition Corp (CCAJ)

[gz69]

In international eyes, USA is deemed a safe country to invest in. It is not Africa and not Cyprus. But if anyone can make use of this large loop-hole of buying into a shell company, inject assets into it and then contrive to deplete it after selling substantial shares, then USA is no different from a country of anarchy.

I cannot believe the SEC and FINRA behave like eunuchs with no guts to do anything with rogue CEOs and Management.

Time and again, big whales have been hauled to Court and given long sentences for insider trading and fraud.

Could it be that Tony is actually in cahoots with JBB or whoever are the crooks and they created a scenario like this to defraud investors? It is no different from robbing a bank.

They might as well legalise the Mafia.