AIMH is a not a full-fledged business, it's a shell corporation. Besides the shareholders restricted & public, it seemed Morey was the only other guy there in command. No other board of directors, or officers besides him. We did not know about this majority shareholder until a few days ago. Many were under the impression Morey owned the shell himself and he would construct a R/M deal for himself. But now we have found out that he owns no part of AIMH, and was just hired to construct a deal, which he did a very poor job at.
Whether he made any money off selling the shell to Marchi is a differnt story and is still yet to be revealed, but for now Joby is calling it a "shell hijack attempt".
The bottom line is (until we get more info) Morey attempted to "hijack" AIMH and do whatever he pleased with it, instead of agreeing with the s/h'ers first on a GOOD R/M deal.
Alex I
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