RE:RE:RE:RE:RE:RE:Folium Biosciences BaNaNaP3Pp3Rs wrote:
blogger is the one spreading rumours. Where is the evidence of any wrong doing? Australis addressed lawsuits in last interview with ceo. They have done their DD and they are more than satisfied
The blogger isn't the one suing. THE VICE PRESIDENT IF FOLIUM IS SUING ALONG WITH 2 OTHER SENIOR OFFICERS WITH INSIDER INFORMATION.
Due diligence cannot uncover insider information at all.
Why can't people be more open minded and prudent?
No one is saying Folium is guilty, but the fact remains they are being sued for money laundering, embezzelment, fraud, among other charges.
I just think the merger should commence after the lawsuits are over.
If Folium is guilty of any of the above charges the stock will plummet. MARK MY WORDS. And its because people are not being diligent in their investment.
I hold a ton of Ausa shares and I don't like lawsuits of that nature until it's proven false.