Replies to post #136782 on DD Support Board and Research Team

[foxwoodsfan]

Amazing DD Sir! Cheers and thank you for what you do!

[samsamsamiam]

This was pretty interesting:
https://sundiatapost.com/2018/03/26/milost-sued-in-new-york-for-fraud-violating-us-securities-exchange-law/


...
One Nigerian company confirmed to BusinessDay that Milost made a similar proposal as was made to MacGregor, as criteria to invest in his company.
The company’s CEO said on condition of anonymity that he pulled out from the deal when Milost asked he paid “about 20 percent of an unstated amount Milost was to provide his company.”
He said he got confused when the proposal stated that his company was liable to a “huge penalty fee” if the company’s share price did not jump to an agreed higher price.
“Share price movement is down to market forces and is not something a company can control,” the person said. “That penalty, as well as some ludicrous fees Milost asked of us, made me question the ingenuity of the deal and eventually opt out.”

[420man]

Want to send you something of interest when your around....

[janice shell]

This is such a strange story. How did/do they make money? Simply by drawing up financing agreements and getting stock from the companies they promise money to? But that stock would presumably be restricted, and when the companies realized they weren't getting any money six months to a year down the road, they could refuse conversion and terminate the agreement.

Do some, or even most, of the companies realize it's a fraud and play along so they can use the financing agreements to pump their stocks? Do they pay a kickback to Milost, or allow them to convert and sell their stock?

Either way, I suspect Mandla Gwadiso isn't the only fictional character in this scheme. They wouldn't be bringing in enough cash to support a "team".

[Renee]

WSML SEC Suspension "because of questions about the accuracy of information in the company’s press releases since at least May 29, 2018, regarding the company’s business plans and acquisitions, and concerns since at least March 9, 2018, about recent, unusual and unexplained market activity in the company’s common stock."

https://www.sec.gov/litigation/suspensions/2018/34-83590.pdf

Order:

https://www.sec.gov/litigation/suspensions/2018/34-83590-o.pdf

[Renee]

BTHI SEC Suspension "because of questions about the accuracy of information contained in BTHI’s Form 8-K filed with the Commission on May 24, 2018, and concerns since at least May 24, 2018, about recent, unusual and unexplained market activity in the company’s common stock."

https://www.sec.gov/litigation/suspensions/2018/34-83592.pdf

Order:

https://www.sec.gov/litigation/suspensions/2018/34-83592-o.pdf