So you’re saying Doherty reverse merged to go public and scam who? He hasn’t issued or sold any shares of WDBG. He’s now resigning and giving back his preferred shares of the public company and taking over WBGH which isn’t a public company. Why waste his time with all this if he was wanting to stay private? I don’t see anything beneficial to him by taking a ride on a merry-go-round.
The BVI structure is a wellknown european financial construction. You only do this to optimize financial flows, so this means good news for the shareholders.
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