LOL Nope I'd have to buy that writer's short position. First off, publishing "documents" which are important enough to cause that company to put out press releases, puts him into a extremely high position, [looking out-side]. Obviously recognized by many, enough to get marketable media attention. I speck he understands the liability he would be in before he published that..
Moreover,, I bet higher odds those partial scans that do not show what those documents really are, are actual pieces of fact, evidence.
It does not mean everybody's gonna bail. But I'd be looking for an exit if I owned it..
Related to JGBO? Because I talked, personally, with Adam, and more convincingly Elsa, Ex-CFO.. About such and so matter's a few years ago. It's documents like this writer's that illustrate how Elsa could have been scammed right along with all of the 'Investors'. There are people who can write the most convincing trap and tout, there's those who talk to talk to pump a stock. However, then there's people like Elsa who you can get a real sense for sincerity, and perhaps a bit of naivety. That when the spit comes down the line, you understand who's the used and who's the user.
It was partially that sense of naivety which I couldn't put y finger on a few years ago, that I understand now. And,, A sense of Wabu's talking nature that I never fell in love with, which caused me to sit on the sidelines over the issue of Why Elsa could never discover or give out a real answer of not paying the debt in cash. Coupled with the idea that Pope dishes out 50 million dollars, and obviously from the very start, did not expect to be paid back in cash either..
I also talked to some guy at Pope, and expressed my distaste for him way back when JGBO got that 50 million bucks..
and it's why I keep saying,, those who've gotten stuck here, seriously need to concentrate their efforts, 1.. Elsa should be able to provide support, "should" however, understand that as a professional, whether she got scammed or not, just can't go blabbering off stuff.. NOT at least unless Wabu and crew were convicted, and she was compelled to disclose evidence adding to such, which China allowed to be public.. and 2. Expose Pope before somebody else does and cleans their clock first.
Moreover, justify it was that Pope did not disclose they would ONLY be paid back in share data, they knew it from the start and simply aided JGBO in pumping lies so Pope could continue deluting..
I.E. when ya put the hand on the other foot,, Wabu may be untouchable, however pope becomes the accomplice/partner.
There's not ONE single hedge fund, who can dish out 50 million buck,, 100's of millions, billions of US dollars, into different companies, who walk in blindly without full disclosure from the start where no matter how much cash a company makes,, Pope knew from the start,, not one dime would be paid back,, only shares..
I'm not an attorney, nor a litigator, a judge,, But I believe any judge who's not on a payroll, lol.. not to imply anything but,, "who can U trust?" lol.. regardless, non disclosure from the very start of this deal,, While contracts make it very clear either or is possible, dilution for everybody but them, is a fraud on the backs of shareholders.. Because the FACTS and evidence PROVE the case... The contrasts were fraud, Pope knew from the start.. not a single US copper/zinc penny, not 1,000th of a yuan, not a check, nor any cash transfers would EVER happen during the term of those scam loans.. It's a fraud perpetrated by both parties. and while Wabu is absent from prosecution, Pope is sitting on your door step..
Plus other hedge funds playing the same game.. Cash for data..(shares).
U may never know what's real lie or fake in China, not that company nor JGBO, but U know Pope's and other hedge funds, are docketing this scam operation, enabling this across the board, here, Canada, all over the stock world.. cash for date, it's GOT to be illegal.
;)
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