Nah, its easy to explain...
An ego filled control freak thought he could steal an idea and pass it off as his own genius... he then forms a bunch of shell companies to defraud unknowing investors based on wildly outrageous claims that have never been close to achievable.
He goes on to get caught in fraud by misrepresenting the value of the company in order to juice-up value for the stock offering. As part of his punishment for fraud he is banned from being an officer (executive) of a company.
He continues to run the company and act as the president and ceo and even has an 'executive' assistant. His ego does not allow him to follow the court approved ruling and as such is caught up in another revealing indication of his intent. A mad scramble is harshly and extensively executed complete with supporting banter.
The reason for all of the discussion... simple... If the truth is made known that ego is bigger than compliance there is the potential for legal repercussions that can open the door to further investigation and penalty.
Risking the 'appearance' of non-compliance is only one of many mounting issues that can tip the scales in favor of fraud on multiple levels.
Dealing with the fact that the company has admitted to a complete change of course that in no way represents the outlandish claims that the company sold stock to believing investors of outlandish, unachievable guidance, is a major issue that can be looked into further if there is probable cause.
In this case... getting a parking ticket is the minor offense that draws attention to the fact that the car has different plates on the front and back... which draws a little more attention and brings about the notice of blood on the floorboard... soon the body in the trunk becomes a bit of a problem.
see, simple
Disclaimer;
I am in no way compensated for my opinion or my posts on this site. I have no ‘secret agenda’ or personal gain that can be materialized from the act and method of my postings. I am simply a concerned, ‘outside’ interest with valid knowledge and information that I feel may be helpful. I chose to provide this information and related opinions at my own will and from the direction of no person, company or entity. My motive is to help those that may not have the background, knowledge, means or access to this information and my personal desire to reveal the fraud that this company is perpetrating. I am compelled to educate and help offset the continued barrage of misleading and obscured information that I have identified here. No ill will, malice, defamation, or slander is intended in any way. All literary creativity utilized in my posts are intended as a vehicle to express my opinions. I am always open to mature discussions of substance and encourage rebuttal and enlightenment. My sincere apologies go out to anyone that is disturbed by the revelations of fact that I have conveyed in the past or may provide in the future.
AI
