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IPwatcher

07/31/20 4:30 PM

#89895 RE: Jelly Bean #89863

It must be how he covers his inadequate financials.


More likely this is another of the mechanisms by which he transfers shareholders cash out to his accomplices. First you sell at a loss to your mates distribution company, exporting shareholder value. Then you 'forgive' an amount of the cash that was due back the other way, trasferring more shareholder value out to you accomplices. Finally you borrow at high interest and give discounted shares in return as well as cash interest payments to dilute existing shareholders at the same time as rinsing their cash out to your other accomplices. There is evidence that supports all of these possibilities being disguised in what flawed financials DECN actually do publish.

pumper_stumper

07/31/20 4:34 PM

#89896 RE: Jelly Bean #89863

I wouldn't doubt it. Makes a lot of sense. Hope the SEC is taking look, "while they are there".