Jahvik - none of the proceeds from the sale of shares go into the company. The shares being liquidated are held by the insiders, toxic financiers, and promoters.
They sought to have proceeds raised via the now abandoned Reg A+ offering. That money raised would have gone to the company.
When the Reg A+ offering was deemed abandoned by the SEC, not the company mind you, of course this too was heralded by the promoters as a good thing. In fact everything is always fine and dandy according to some, no matter what the reality is.
Just spin it an alternate way. Alternative facts so to speak. It's an old school shuck and jive game remember well growing up in garden city.
The story after the Reg A+ offering was declared abandoned was a long the lines of "no big deal, they will just file a new one". "It's because Borges was the auditor when that was filed". "They obviously didn't need to raise funds directly from the public then, they can now file again when they really need it"... and so forth.
Well, they need proceeds now, if the "MultiCortex" deal is to be consummated. Shall we anticipate a new Reg A+ offering filed?
MultiCortex is a new company whipped up out of thin air with zero business footprint. In effect, another shiny object to attract the attention of the naive. It's fiscally worthless, like HMBL at the core.
No real assets, no real presence, just more fairy tales.
Which the MultiCortex insiders will be compensated at least 100K worth of shares for borrowing.
Which will be at deep discount to market guaranteed.
It's an endless con game here.
Bearish