May. 24 at 4:57 PM
$CMRC Before anyone even considers accepting the hostile takeover bid from Rezolve AI (RZLV), you seriously need to do your homework on their CEO, 'Dial-a-dog' Dan Wagner. This isn't his first rodeo of making massive promises that ended in total disaster for shareholders.
Just google these two massive red flags:
Powa Technologies: Dan Wagner built this tech startup, hyped it up to a self-proclaimed
$2.6 billion valuation ("unicorn" status), and claimed to have revolutionary mobile payment contracts. In 2016, the company went completely bankrupted and crashed into administration, leaving investors holding the bag. The Financial Times heavily exposed the inflated claims afterwards.
Dialog / M.A.I.D.: Back in the 90s, he ran this public company. After aggressive expansion, the share price collapsed by 95% during the dot-com crash.
History has a tendency to repeat itself