So promoters likely convinced the company to issue shares for “debt” purposes to create some liquidity to “manipulate” the PPS up to create an accumulation illusion.
Thank you. My contention is the 'traders' themselves are creating opportunities and managing everything from the top down. The phony ceo owner, and these guys usually own multiples of shell names, just sit back and sign things or whatnot. In part due to the internet and technology today, an outside source I believe can assert more influence than ever in the pink sheet. I'm seeing a stronger than a cottage industry of pumperclown "One stop scam shop" entrepreneur-ness happening.
An analogy is the guy who fills and takes care of vending machines for someone but then just rents the machine from that guy and pays other people to attend to them. You got a owner, a middleman calling the shots, taking his cut and handing some to the owner.