(Total Views: 320)
Posted On: 11/13/2019 5:08:29 PM
Post# of 40991
Or that was the plan all along?
99% of these pinkies, that's the entire business model.
Dangle the carrot, sell shares.
When you have a CEO that "hands over" a billion common shares, treats it as a fundamental to try and inflate share price, hands himself preferred shares, then reissues those same billion shares in the form of toxic debt to enrich known, unscrupulous insiders, well I think that's all just a little too coincidental to not be the modus operandi.
Remember the flurry of (since unsubstantiated) PR's when the LAM debt needed to be cleared?
The tweets that coincided with note conversions?
The fake Mazars letter?
The blame being placed on "bashers" and "market makers?"
I keep seeing this narrative of, "If Steve Berman wants / is to turn this around..."
Yet, maybe reality is just reality, and Steve Berman is operating this exactly as intended.
We know there has been baseless pumping, and we know there has been share selling. Outside of that, there's really... not much else.
99% of these pinkies, that's the entire business model.
Dangle the carrot, sell shares.
When you have a CEO that "hands over" a billion common shares, treats it as a fundamental to try and inflate share price, hands himself preferred shares, then reissues those same billion shares in the form of toxic debt to enrich known, unscrupulous insiders, well I think that's all just a little too coincidental to not be the modus operandi.
Remember the flurry of (since unsubstantiated) PR's when the LAM debt needed to be cleared?
The tweets that coincided with note conversions?
The fake Mazars letter?
The blame being placed on "bashers" and "market makers?"
I keep seeing this narrative of, "If Steve Berman wants / is to turn this around..."
Yet, maybe reality is just reality, and Steve Berman is operating this exactly as intended.
We know there has been baseless pumping, and we know there has been share selling. Outside of that, there's really... not much else.
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