Charity Flow Through UnitsShareholders are paying for the tax deduction that the purchasers of charity flow through units can exercise for themselves.
FUU is raising $7M on the deal but the market cap of FUU just dropped by over $10M because of the deal.
So who just paid for the tax deduction of Red Cloud's clients?
There needs to be some legislation introduced to stop this kind of nonsense. At the very least purchasers of the charity flow through units have to be restricted from shorting the market to help pay for their charity flow through units.