Best to put him on ignore. He is a serious mental case. He will change his screen names 100 times to post nonsense. The actual writings that count are from shareholders to regulators and law enforcement about previous management of this company. I also think they tried to pay John Pinheiro the preferred stock to unwind their nonsense. They are hoping the problem will just go away before a interested prosecutor takes the case. Prosecutors should also start with the OTC Group to see if any of their current or previous employees know anything about this.
Their intent is to close down ANY INVESTIGATION INTO THIS MATTER. That person does not want shareholders to communicate about the actions of past management. They hope the problem will just go away. Just put him on ignore and continue the discussion. I would not stop until regulators do something to the people who did this. We are talking about millions of dollars taken from small investors while regulators spent all the time investigating a few people ( such as the CEO of HEMP) without proving anything.
That is part of this puzzle. I think the problem stared with Ms. Trina Ta. She issued billions of share under the pretense that she was building a MJ business. She was not building anything, she was issuing shares out to third parties in exchange for kick backs.
Many of these allegations are yet to be proven. From what I know, regulators have already been contacted about all the parties involved in this case. What they are doing about it is the question. This is also a very serious matter, therefore shareholders should be able to discuss these issues without person(s) permeating the forums on it or message boards with nonsense. That person is aiding and abetting this group by disrupting communication on the subject matter of this case. This also adds to the theory that these types of negative posters are not trying to help any shareholders and investors.
There may still be a chance for shareholders to recover some of their assets and cash from these people. Previous management has assets and cash, they just moved them to different private businesses. The for regulators is this group operates cross border and in more than one country (parts Asia, Canada and the US). This means that law enforcement will have to coordinate their efforts to recover assets with other agencies. I believe this is a lot bigger than LATF and $50 million taken from its shareholders. This group may have raked in over $100 million from small investors in the past three years.
That guy was hired to unwind the activities of previous management. They stole all the assets and cash from small investors. What they did is issue free shares to a group of shell companies. They then collected the money in kick backs and any contracts were diverted to their own private companies or close down. These people just ripped the public investors off of way more over $20 million. This group raked in between $50 to $20 million dollars from small investors. The new CEO did not bring suit against them nor did any of the shell companies. The only people complaining now is small investors who got taken by this nonsense. Regulators need to locate these people to recover all money and assets. This is an unbelievable story. It also begs the question: Where some brokerage firm compliance departments employees and regulators involved in this nonsense.
You may have something here. When posters mention Ms. Thu LE and Ms. Trinh Ta on this message board, someone starts to seriously bash them and the message board. They both need to be investigated and the new CEO should started the inquiry into their past activities. He had to do some due diligence before take over the company. Who did he talk to about the company and who gave him the preferred shares.