Yeah, it is nuts how many penny investors seem to think that is true. How many times have you heard this: "If company XXXX was lying or running a fraud, the SEC would have shut them down already."
The biggest red flag that is being ignored here is that AABB has the funds (supposedly) and have had plenty of time to do an audit. But they have not and made some lame excuses about why they didn't follow through. So.......the only conclusion that can be reached is that they are running a fraud.
Investors will realize they've been had....eventually. But too late.
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