Originally posted by @Maurice Lightner:
@Cimarron Carter they are supposed to conduct business as usual and deflect any attention away from them. Guilty people never admit their guilt. When I asked him about on Instagram he ignored it and he has always respond to my questions in the past.
My point was that if something was already known to the SEC and/or DA, they would have had them cease operations. Why would they continue to allow someone guilty solicit funds and existing transactions to continue/close? They'd still be raising capital right now if the annual filing was already done. Jay not responding to you on Instagram isn't saying a whole lot, especially when he took the very same question several times on the Livestream. He doesn't respond to most of his comments.
For now, we just have to wait and see what comes from it instead of speculating either way.
Also, they are not doing a second raise. They are doing the annual filing. I believe the information regarding the number of donors and money raised needed to be removed as there were discrepancies between what was actually sitting in the bank and how much capital was committed. Jay mentioned this in August of 2018 and again recently.