I think there may be truth to this. If you look at the SEC complaint, it states that TS acted as the transfer agent for the two attempted share issuances. There may be a larger investigation ongoing if they suspect other shares were issued illegally or without proper restrictions. Is it possible the transfer agent was bypassed or complicit?
Very very frustrating to finally check in at the end of the day and see I've lost another 42%. Even if I could sell, I would probably hold at this point but it sucks not having any control.
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