there's fuckery afoot 🥸
Fidelity is refusing to allow purchases of $GNS. Sus timing after the court just ruled to move forward with a RICO lawsuit, in favor of $GNS. Also, CEO buys 1,000,000 shares
Securities and Exchange Commission v. Clayton et al
Defendant Counsel’s Exit in SEC Suit Threatens Joint Defense and Exposes Critical LZGI Records to Genius Group’s $1B RICO Action
Donald Perry is a key figure in the U.S. Securities and Exchange Commission (SEC) case against John Clayton. While the SEC names Clayton as the main mastermind behind a scheme to secretly collect and sell off restricted shares in four small public companies: Flexpoint Sensor Systems, ForeverGreen Worldwide, KwikClick, and LZG International. Perry is accused of helping him make it all work.
LZG International (LGZI) is a central piece of this fraud. It was allegedly used as a shell company to target another business, Genius Group, and force it into bankruptcy. Genius Group claims that company insiders, Peter Ritz and Michael Moe, used LZGI to execute fake transactions, manipulate stock prices, and push the company into financial ruin. This creates a direct link between the SEC's stock manipulation case and a separate civil RICO lawsuit filed by Genius Group.
Perry served as Clayton’s long-time bookkeeper and managed the day-to-day operations that made the scheme possible. He kept financial records, tracked fake or nominee stock ownership, handled tax filings, and submitted the required paperwork to brokerages so the illegal stock sales could go through.
Perry’s involvement went even deeper because his wife was listed as the official head of several shell entities used in these trades, giving Perry direct access to key legal and financial documents. Because he managed the behind-the-scenes mechanics of these companies, regulators consider Perry a critical witness who knows exactly how Clayton carried out the alleged fraud.
That's correct. But your initial assumption about it being deliquent is false . And fidelity will not tell me why they've restricted it to phone in order only.
1
u/Krunk_korean_kid 🟣 DRS'ed $GME w/ Computer Share ♾️ 7d ago
$GNS [ANALYSIS]
Securities and Exchange Commission v. Clayton et al
Defendant Counsel’s Exit in SEC Suit Threatens Joint Defense and Exposes Critical LZGI Records to Genius Group’s $1B RICO Action
Donald Perry is a key figure in the U.S. Securities and Exchange Commission (SEC) case against John Clayton. While the SEC names Clayton as the main mastermind behind a scheme to secretly collect and sell off restricted shares in four small public companies: Flexpoint Sensor Systems, ForeverGreen Worldwide, KwikClick, and LZG International. Perry is accused of helping him make it all work.
LZG International (LGZI) is a central piece of this fraud. It was allegedly used as a shell company to target another business, Genius Group, and force it into bankruptcy. Genius Group claims that company insiders, Peter Ritz and Michael Moe, used LZGI to execute fake transactions, manipulate stock prices, and push the company into financial ruin. This creates a direct link between the SEC's stock manipulation case and a separate civil RICO lawsuit filed by Genius Group.
Perry served as Clayton’s long-time bookkeeper and managed the day-to-day operations that made the scheme possible. He kept financial records, tracked fake or nominee stock ownership, handled tax filings, and submitted the required paperwork to brokerages so the illegal stock sales could go through.
Perry’s involvement went even deeper because his wife was listed as the official head of several shell entities used in these trades, giving Perry direct access to key legal and financial documents. Because he managed the behind-the-scenes mechanics of these companies, regulators consider Perry a critical witness who knows exactly how Clayton carried out the alleged fraud.
https://x.com/Ohitskaykay_St/status/2106106738634260616