the annual expenses for running an OTC SCAM are as follows:
1. SEC reporting - $5,000.00 quarterly
2. Auditor - $6,000.00 quarterly - and $5,000.00 quarterly for the transfer agent.
3. Bookkeeper - $5,000.00 quarterly
4. OTC Markets and related exchange fees - $5,000.00 quarterly
5. Lawyer for misc. retainer items - $15,000.00 quarterly.
$41,000.00 quarterly or around ~$165,000.00 annually - people will disagree with the numbers as stated above but it's all going to boil down to the same annual expense to run a listing and keep all of your "services professionals" ready to execute.
the rest of the yahoos are paid in shares that are held by "consultants" aka "surrogates" who operate on behalf of the CEO/CFO and of course sell the shares to pay for the quarterly and annual operating expenses which are essentially all legal expenses and exchange fees.
notice that YTD the "company" has done convertible debt deals that have netted "owners" some $7,000,000.00 net of the amount "invested" last December for their toxic debt deals and that there are many many more millions of "aged debt" ready to convert based on issued date(s) that are from years ago - so when the pump and dump is restarted, there's a lot more "ready to sell" after so many other pump and dump promises. they're making up new "ideas" as I am typing this message.
that's some spectacular ROI for a 95 year old chain-smoking malaysian bank scam artist who doesn't speak mainland chinese. and this year is a "light year" relative to larger and more impressive scams they completed in 2014, 5, 6, and 2017..... so rest assured - they're doing extremely well with their scam.
yes indeed - they're been extremely successful fleecing the public.
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