it's bankrupt already - #getthememo
this sham scam has been operating in bankruptcy and forbearance for years and the same time last year everyone crowed about the #GG loan and "savior" and etc... we said "ECAB will have the same or better terms" which is exactly what happened - we knew then and reviewed documents proving out point and all year long people said "loan shares returned, mega mega mega, spinoff spinoff spinoff" and we told the truth.
ECAB got the same deal as #GG who blew out of his shares for a $7MM USD profit and the ECAB guys are next in line - so to speak - which is how #sollysollysolly gets his money - splits it with the criminal toxic investors -
at today's prices that's over 750,000,000 shares of common stock (assuming it doesn't drop more as they begin selling!!!!! more....)
that 1,000,000,000 additional issued shares of stock - ONE BILLION SHARES OR MORE!
the way CHISCAM deals work -
1. assets pledged by third parties (like commodity warehouse receipts)
2. promoters show those assets as their own
3. sketchy deals on revenue cash flow customers suppliers
4. scamco list raises money based on #falseclaims
5. after sufficient funds are raised, list shovels the cash to third parties and goes bust.
***in this special case there were never any real owned assets to begin with - they weren't even legally "pledged" to the USA LISTCO and in fact it was always a "non-equity" CJV deal or just outright fraudulent promotion all along.
***real asset owners (if there are any assets at all or they haven't been pledged multiple times) don't want to lose "control" so the USA CEO bankrupts the "company" so the real asset owners keep their control.
listco scamco CEO retires to some Asian island with multiple "wives" having been paid for a job well done.
it's bankrupt already - #getthememo
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