CBAI filed a lawsuit against Tonaquint and St. George (both owned by Fife) which was supposed to cure the JMJ Financial toxic debt. It's about time but my question is this: Did CBAI not realize that Fife and Keener have been in cahoots for years?
FINRA just cracked down on both of them fining a company hundreds of thousands for allowing Keener to dump billions of penny stock shares. A simple Google search will show that Justin Keener was dumping these shares (which likely included millions of CBAI shares) via World Trade Financial. World Trade Financial was charged $250k for money laundering.
After a Google search something did come up with the SEC. The complaint filed by CBAI is very detailed, I suspect they have been working with the law team for months getting this together. And the law firm is from Salt Lake City I believe, which is where the court for this complaint is also located. This could drag on for many months if not a year or more. Probably will settle out of court and if they do that would be a big win for CBAI