Aug. 25 at 2:46 AM
$BLNE
The company now says in its own audited-grade filing that it can't fund the next twelve months, that its disclosure controls don't work, and that its flagship tokenization segment earned
$58K while losing money — even as it prices a billion-dollar-framed, related-party merger through that same control environment and funds itself with ratcheting warrants and 17%-discount insider bridge loans. The mortgage business is quietly improving; everything financial and governance-related around it is deteriorating or dilutive. The modal path remains reverse-split-and-grind or worse, and the burden of proof now sits entirely on the two tests — with the runway, by management's own admission, measured in months.
