Pretty much. RITE claiming in their Form 10 to have $432m in proven assets is a blatant lie.
In time, the SEC, which may not have reviewed the filing, will start asking questions.
When that happens the gig will be up before it gets off the ground.
The current stock rise is not related to the actual company or its assets, of which is has none that are worth more than a bit of desert dirt and its tumbleweeds.
What pumps, with these mining scammy shams, always dumps.
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