Replies to post #31427 on Houmu Holdings Ltd (HOMU)

[MMMQA]

So the new owner paid over 200K for this ticker knowing that someone owns over 8 billion shares or over 90% of the O/S shares.

[catar]

What you insist in not mentioning is what happens when the original fraudulent debt of over 8 million dollars is canceled.
That fraudulent debt was the reason for the 8.2 billion shares.
If the debt is cancelled, then there is no need for the shares.
In other words, the debt created a negative shareholders equity when it was put in the books. If the debt is canceled and the shares are not canceled, there is an artificial positive shareholders equity.
The artificial equity can only be solved by canceling the shares.
The price action, volume, L2 show clearly that those shares are not in the market.