Verdict isn't in on Kim yet. He is fighting the scammers lawsuit. If it is all about screwing over retail investors. I don't think he would waste his time and effort.
Freeze, there seems to be a misunderstanding about canceling shares when you wrote, " And Ill never buy shares issued being cancelled" - only shares that are still restricted can be canceled.
A company can't cancel shares common shares that are purchased and free trading.
From 01/20/2016 through 07/14/2016 there have been 306,500,000 shares canceled.
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