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VerifyandTrust

07/06/20 10:11 AM

#101511 RE: Bed Bath & Beyonce #101510

Best part about that is...the $5k returned was investor funded.

That is the original par value of the stock options received originally by "the defendant". LOL

So net, SCAMydx investors lost, because all attorney fees for Yazbeck/SCAMydx had to fully covered by G&A, which there is no doubt were more than the $5k.

Overall, Yazbeck filing the fake lawsuit actually cost SCAMydx and investors $$ and gained nothing.

The lawsuit, did however, enable Yazbeck to:
1. Pay a couple more $100ks worth of investors funds to his buddies Mr. Scammibus and doorMatt.
2. Give time for Yazbeck to overextend stock issuance to toxic lenders to cover his personal golden parachute
3. Enable Yazbeck to slow burn the scam as he intended originally, which was the only disagreement with Dewald and Sanzeri (they wanted a quick cashout). This keeps things under the SEC threshold for large concerns to investigate...a trick he learned from watching his good buddy, fellow conboy, and convicted felon James Panther, Jr. fail at.