RE: Raising cash19 Jun 2019 17:42
The clear lesson from Ft's analysis of BenevolenAI is that mark to model valuations are easily manipulated. The entire periodic..2015 outperformance of WEIF generated by a simple trick.
Issue meaningless number..small. of shares to a chum for amounts in excess of last whip round.
All holders devalue to ramped value. Pocket bonus..performance fees etc.
A class action civil suit or better fraud charges would relieve Woody of his horses.
Best guess is that Mrs Woody a la Green holds any assets.
Dampier and HL boys are running for cover and recovery is more likely though them.
It's a fraud but great fun nevertheless. Sheep are born to be shorn. Woody has whole swaths about WIM anti slavery policies on their website.
A great hoot.