GPL & HempAmericana deserve whatever they have coming but calling CYIO a 'scam' simply because they took loans from GPL is - to put it politely - disingenuous at best and maliciously deceptive at worst.
GPL loans to CYIO were on 6/15/2020 and 10/14/2020.
Charges were filed on 8/13/21.
First off... CYIO had NO way of knowing GPL was going to be embroiled in this scandal over a year later after they took the first loan.
Second... there is not even a whiff of an indication that CYIO is in any way involved with this litigation (because they aren't and it has nothing to do with them)
Finally... GPL loaned CYIO $40k with clear terms. It was clean regardless of the other things GPL was involved in... Whereas the hempamericana deal dwarfed that amount with around $7.5 to $10 million dollars in share purchases & was much more complicated than a simple convertible note... which I assume you know since surely you read the litigation release?
Drawing a parallel between CYIO and this litigation is like saying that cigarette lighters are as dangerous as a forest fire because they both burn stuff.
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