175: Jonathan Shapiro – Investigating and Exposing the Crafty Schemes of Public Companies
Chat With Traders
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Frinstro's Failure to Clear Up Their Relationship With the Financing Company
Finstro was accused of paying people in cash rather than giving them options that were undervalued and then would appreciate to the current trading price. The company did a governance report for their clients and said, look, there's, these are two governance issues. So we thought this is kind of not quite a smoking gun, but it dulls our suspicion that the financing company is deeply involved or more involved than they had cared to admit with selling videos.
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