Aug. 26 at 2:43 PM
$AEI $DSS $IBO $HWH $124.9M total assets vs. only
$2.8M liabilities, so these so-called total assets are Real Estate - Rental Properties, Net 29,083,594 Cash and Cash Equivalents
$12,325,977; the rest of that amount consists of shares in sister companies that are so diluted and have lost 99.xx% of their value that investors no longer trade in these shares. Take IBO shares issued and outstanding 11,503,955 on December 31, 2024 as an example, with a price of
$1.45. As of August 4, 2026, there were 107,821,231 shares of the registrant’s common stock, with a price of
$0.44. So nearly 96 million shares have been added, which is nine times as many, and the price has dropped by only a third and is still an empty shell. This explanation applies to all of Alset’s sister companies; they have all dropped by 99.xx% and been diluted by the same amount, so that Alset/Chan has the majority to embezzle the raised capital into its own pockets.
But you don’t have to listen to me.
