Jul. 24 at 8:13 AM
$AEI $DSS $IBO $HWH I'll just say that what I expected on Friday happened on July 23rd. In one fell swoop, 27,666,667 restricted shares of the Company's common stock, AEI, were converted into 27,666,667 shares via a Convertible Note. Dilution, dilution, dilution. The value of that EV company is zero, zero dollars.
That's Chan's scam: first raising money from other investors, then selling sham companies to publicly traded companies so he has total control over the assets. He had to wait with the dilution until AEI was no longer on the non-compliance list. So, the buyers of the shares are thanked by the scammer. The next step is a reverse split, but the sewer rat still has time for that.
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001750106/000164117225020715/form8-k.htm
https://www.sec.gov/Archives/edgar/data/1750106/000164117225020746/xslSCHEDULE_13D_X01/primary_doc.xml
