Speculation keeps a light on. After over a year o
Post# of 7153
It's beyond time for Alberto, Jason, or Natalie to come forward. In fact the only person who has come forward at all is Liable with his admission of allegedly being part of a Vancouver based short group that orchestrated the takeover of Duss. If this turns out to be true it will have serious repercussions for Natalie and Alberto who had fiduciary responsibility to seek out a qualified and legitimate merger candidate. It's a far fetched notion to think that this could have happened without their knowledge as the vetting process for merger candidates requires full review of a merging candidates business operations, financials, credit, and overall worth. It's also a far fetched notion to believe Lieable the liar about anything.
That said, T/A still not in communication with the company right? If that's true then those 400m shares gave not hit the market right? There are only three scenarios I can think of regarding what could happen with those shares with an alleged 800:1 R/S on tap for what was reported to be 20 days from the notice. Please feel free to add your opinions here.
1. 400m shares get sold into the float. (Not yet, T/A allegedly still not in communication with company so no new shares issued for sale). **dumping these pre R/S is going to look very bad for company.
2. 400m shares get converted to preferred shares to protect them from being erased by 800:1 R/S. (Not yet, there are plenty of eyes watching for this as the act will constitute some very bad behavior). **why do this when a legitimate deal could have been done in preferred shares to begin with?
3. 400m shares get hit by 800:1 R/S. (The holder is given shares that more than double the O/S then based on that orders an R/S and has his own shares reduced by same in order to make the share structure more attractive to investors?). Lol, ok! That is kind of like visiting your neighbor to the east of you by traveling west around the entire planet until you reach their door. Who does that? Even if there was some soon to be released block busting news that would increase revenue and value by many times why would you opt to take this route and at the same time run the huge risk of creating a shareholders public relations nightmare that will bring disgruntled shareholders out in droves?
Can someone spin some logic on this as there is no scenario that I see that makes sense of this that could not have been done more easily via other options.
The only way this makes any sense is if there is serious fraud at hand and perhaps a short hedge fund cover conspiracy that involves one or more Duss managers and or directors.