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Semperfiguy

12/07/21 1:30 PM

#30954 RE: Livefree1776 #30953

I simply understand this is whatever it is. No amount of any action short of an unpleasant in person visit to Ward is going to change how this concludes. For now I will patiently wait.

shajandr

12/07/21 5:14 PM

#30956 RE: Livefree1776 #30953

MRGE is definitely #2. MICHAEL WARD has been shitting on investors his entire adult life.

The career grifter is a master bullshitter.

I really like his adding-insult-to-injury trick of scamming retail investors underwater in his pennyscam by selling them discounted PPs that never can become unrestricted until they are underwater too. And then taking the munny they paid and putting it in his own pocket before closing shop (see the last Q and compare the Cash levels and the amount spent on General and Administration from the comparator quarter; he paid himself the 'back salary' and shut this turd down, only filing that last Q because PowerUp demanded it so they could CONvert and vamoose).

Last time I saw the 'selling PPer to swindled retail investors' trick was in CDEX with MALCOLM H. PHILIPS III during 2002-2011 or so. Unlike that example, MICHAEL WARD was quick and ~OUTT; MALCOLM sucked munny from retail investor PPs for about a decade and $45M of total losses before he quit. That was a beautiful rig job, butt then again MALCOLM was an attorney who knew how to walk the tightrope (his own words) whereas MICHAEL WARD, although an experienced grifter, was a little more timid and decide to pull the ejection seat handle after only a short cycle of shearing underwater retail by selling them PPs.

I think MICHAEL WARD (aka Crooked JACK HANKS) could have also scammed retail with a rights offering, but he decided to shut this conjob pennyscam rig down and winter in his casita in San Miguel de Allende.

Read the last Q - he walked away with the last of the cash - paid to himself and his entities as General and Administrative.

Kaput. He's GONE.