Replies to post #31431 on Houmu Holdings Ltd (HOMU)

[THall]

There is no fraudulent debt so I didnt fail to mention anything. Show me in any SEC document or court document where it states there is fraudulent debt. You cant because it doesnt exist. Again read the 10q it clearly explains what took place.

[SmallCapValueInvestor]

AwesoMe post

[GBRO]

You are 100% correct. Hold onto your shares folks. MM's are desperate!!

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.

[ibmoney]

Clear accurate explanation.