Yeah, his mouth is getting him in trouble. One of the exhibits transcribes video #2 verbatim. I said the other day he'll make of fool of himself. Now, in court, he'll have to say "when I made that video I thought I was CEO of BBDA Nevada company but I wasn't". Then he'll have to explain why "I also incorporated in Delaware for protection".
The part about the paper and propped-up management is going to be used to show there was intent to defraud and he knew about it, then perpetuated it by instructing the transfer agent. I read the affidavit from the TA and he basically said that Nevada shares were converted to Wyoming except for the YA shares.
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