Criminals are pack Animals
If you ever look into these shady companies, you will see how much they are all connected by the same group of people.
Back in 2017 LTEA and its owners announced they were changing the company into Long Blockchain Corp. They werent going to make Long Island ice teas anymore but instead mine bitcoin. The stock went up 200% and they filed a prospectus and collected a few hundred million dollars, then they did nothing. They let the stock fall for 3 years until it was delisted last year never buying a single piece of blockchain hardware.
$Meta Materials(MMAT.US$ and Torchlight recently merged. Before they merged Torchlight filed offerings and collected hundreds of millions of dollars. Then after the merger MMAT filed offerings along with stock options that they filed immediately while the price was up.The took in hundreds of millions.
The new merger of $Naked Brand(NAKD.US$ and Cenntro automotive is now doing the same thing.
Last January Long Blockchain corp and $Stran & Company(STRN.US$ filed for a merger and to be listed on the market. The SEC turned them down due to Long Blockchains previous history as LTEA. So they had to pay a large amount of money and couldnt get any publicity when they IPOed. But they had other ways to get money in the works. Right there in the paperwork where they could convert warrants into shares 1-1. There were other red flags i found like the CEO and the directors owning 70% of the company, which only occurs in SPACs. Then i finally was able to find the board members because someone had deleted most of their history off of the internet. I had to go to the UK news to find the info. And it was what i thought. Walk Street crooks i knew from a long time ago, still at it just playing as a different kind of crook.They were the ones that came out richer from the 2008 crash even tho all their investors lost everything.
Now you can guess what companies they are on the board of or are part owners. Heres the list: $Naked Brand(NAKD.US$, $Seanergy Maritime(SHIP.US$, $Meta Materials(MMAT.US$, $Stran & Company(STRN.US$ LTEA, LLBC,Cenntro automotive and Torchlight to name a few. None have US residences and all their funds go thru offshore accounts of course. And this is why DD is necessary.
Back in 2017 LTEA and its owners announced they were changing the company into Long Blockchain Corp. They werent going to make Long Island ice teas anymore but instead mine bitcoin. The stock went up 200% and they filed a prospectus and collected a few hundred million dollars, then they did nothing. They let the stock fall for 3 years until it was delisted last year never buying a single piece of blockchain hardware.
$Meta Materials(MMAT.US$ and Torchlight recently merged. Before they merged Torchlight filed offerings and collected hundreds of millions of dollars. Then after the merger MMAT filed offerings along with stock options that they filed immediately while the price was up.The took in hundreds of millions.
The new merger of $Naked Brand(NAKD.US$ and Cenntro automotive is now doing the same thing.
Last January Long Blockchain corp and $Stran & Company(STRN.US$ filed for a merger and to be listed on the market. The SEC turned them down due to Long Blockchains previous history as LTEA. So they had to pay a large amount of money and couldnt get any publicity when they IPOed. But they had other ways to get money in the works. Right there in the paperwork where they could convert warrants into shares 1-1. There were other red flags i found like the CEO and the directors owning 70% of the company, which only occurs in SPACs. Then i finally was able to find the board members because someone had deleted most of their history off of the internet. I had to go to the UK news to find the info. And it was what i thought. Walk Street crooks i knew from a long time ago, still at it just playing as a different kind of crook.They were the ones that came out richer from the 2008 crash even tho all their investors lost everything.
Now you can guess what companies they are on the board of or are part owners. Heres the list: $Naked Brand(NAKD.US$, $Seanergy Maritime(SHIP.US$, $Meta Materials(MMAT.US$, $Stran & Company(STRN.US$ LTEA, LLBC,Cenntro automotive and Torchlight to name a few. None have US residences and all their funds go thru offshore accounts of course. And this is why DD is necessary.
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KS_TAN : noted with thanks.
Jamesfongmm : As STRN is one of your list, so what's the next recommended action for those invested in this stock?
Mcsnacks H TupackOP Jamesfongmm: Try to break even before they sink the ship with shares
KS_TAN Annoyinglittleboi: do not hold for long term fundamental play. only for short term short squeeze potential.
Mcsnacks H TupackOP KS_TAN: They aren’t going to let it squeeze. It’s a trap. They have 5 million shares they are converting to make the total amount of shares 10 million instead of 3 million shares
fionaa Mcsnacks H TupackOP: So it means that strn will never reach 30 or even 10?
fionaa Mcsnacks H TupackOP: You mean Strn is a liar?
KS_TAN : avoid asking sensitive questions. may end up legal issue.
KS_TAN Mcsnacks H TupackOP: noted
Mcsnacks H TupackOP fionaa: Yes. They just refilled the short shares in the middle of the night with the market closed
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