Chris (71chris71) - I don't really disagree with anything you say
Unfortunately, it's true that many CEOs do not show "loyalty" to their shareholders, especially in OTC land. If Nixon is truly one of those disloyal CEO's, it's ironic, and even unusual, to see Hamilton working for him again. But, as you say, her working for him strongly suggests that he will go public again.
So, if he does go public, the trick will be for current shareholders to get out quick during the short duration that going public again makes the stock look attractive. Just as some CEOs have no loyalty to their shareholders, shareholders have no obligation to be loyal to the company.
Public stock is ALWAYS an "ATM" for the company in one way or another.
Re the "attractive story" bit -- frauds always have an attractive story that has no substance to it. I'm pretty sure that Brenda Hamilton has NO sympathy for fraudsters, which is why I don't think Nixon is a fraud. It's clear that he has, and has always had, operating restaurants.
However, at least some of his 'big plans' failed due to external circumstances (e.g. COVID-19 and that tornado that wiped out the Texas property that the first Illegal Burger franchise restaurant was going to open in), and I won't argue that in some other respects other plans were likely poorly thought out (where did El Cazo go? where is Takiza Taco? where is Illegal Pizza? Illegal Brands bottled CBD water and CBD packets fizzled out).
I still think that the Ilegal Mezcal trademark opposition was a problem that potentially turned into an opportunity, but that also could have failed, since neither party shows any evidence of a deal (yet).
BTW, I was told privately that the youtube link didn't work. I'm going to attempt to provide it again. The 2nd string is the first string with spaces.
As I posted the other day, Nixon has registered his Franchise LLC for 2024, so he may still intend to pursue franchising (plus he has kept his 'Franchise button' on the Illegal Burger site). That is a different revenue source than using stock as an ATM.