No coincidence here, bad actors, once a criminal always a criminal.
24/7 365 days a year and we know why.
INTENT to DECEIT for GAIN
Instead, it appears he made the loans with the intent to convert at a discount and profit by selling the shares in the market. And profit he did. According to the complaint, from January 2018 to March 2023, Kramer’s companies made at least $60 million selling converted shares in the market after investing in approximately 325 issuers in nearly 2,000 transactions and converting loans into more than 90 billion newly-issued shares of common stock.
Getting hot.