Additionally... This is a material liability: The new inexperienced public company "auditor" should have caught this. What else did Hawkins get past him???
NOTE 5 – LITIGATION PAYABLE
On December 12, 2024, the Court of Alaska entered a judgment against the Company. The total judgment recognized in the consolidated statement of operations for the year ended December 31, 2024 is $618,994. The judgment accrues interest at an annual rate of 8.5% until paid.
RNWF failed to disclose the case number. failed to disclose the plaintiff. failed to disclose the nature of the claim. failed to disclose whether the judgment is joint and several with Costello.
This is a major omission under SEC rules.
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Watch your wallet
Buyer Beware Social Media Promoted Frontload Pump and Dump Share Selling Scam
More Fraud... They never mentioned the Alaska Judgment in the OTC disclosure. I don't see the 618,994 recorded there either. And the Form 10 did not explain what it was about. They didn't even give a case number; Well, I found it anyway.... NOTE 5 – LITIGATION PAYABLE
On December 12, 2024, the Court of Alaska entered a judgment against the Company. The total judgment recognized in the consolidated statement of operations for the year ended December 31, 2024 is $618,994. The judgment accrues interest at an annual rate of 8.5% until paid.
I wonder why they did mention it. Was it this?? Lol... FINRA might have a question or two... This is a full-scale fraud and securities action.
Cause of Action “This is an action for fraudulent inducement, breaches of contract, good faith & fair dealing, fiduciary duty, consumer protection violation(s), Alaska Securities Act violation(s).”
Man.....GREAT FIND....holy cow....I had to break for a bit today...going to get back to reading the POS DAMNING AS HELL ITSELF FORM 10.......
But wow wow wow.....you just opened a can of whoop ass direct hit on target again......!!!!
NOW we know why these old time 2-bit hustler cons.....Hawkins + Hymers + scumbag Nelson RAN THE PUMP FIRST.....and now the FORM 10....is like "trying" to play CYA....and PLEASE DO NOT INDICT US SEC and DOJ-FBI....please please please......
That FORM 10 is a damn train wreck w/ a bad plane crash and a tactical 1000 lb laser guided strike on it...all wrapped in fish wrap....dirty dirty dirty....
The entire PRE PUMP and associated PRE DUMPING by insiders....it was gutter level fraud.....
Nelson with 100% certainty claimed...in the Youtube preserved fo fo fo forEVER.... "WE HAVE A WORKING REACTOR TODAY...right the hell now" blah blah....
AND...and now this shit....more non-disclosed very serious litigation..gonna cost mega bucks more $dilution coin.....going back to the Costello-Hawkins close partners n crime bad weed dirt ticker scam days....!!!!
The share "gifts" to insiders for doing absolutely nothing...nothing but running a P&D on a worthless shell and a scam of "nuke fusion" that PER THEIR OWN DISCLOSURES is now being admitted....DOES NOT EXIST.....and WE HAVE NO MONEY TO MAKE IT EXIST....let alone....it's such a load of fraudulent bullshit it will NEVER EXIST.....thee end.....