$POLCQ update: Rosen Class Action against remaining defendants Moore, Fourti and Johnson was dismissed with prejudice. Lengthy 32 page order, dismissing the Second Amended Complaint for failure to state a cause of action for which relief can be granted.
If you joined that class action you maybe wanted to know end result after 4 years of waiting.
--Miss all you silly folks with jokes.🥰
$POLCQ in case anyone checks in from time to time- I do eye Fouerti Realty as Albert is fascinating. He came from selling cellular devices from a store front to building timeless dream residences (furnished with Italian Appliances) in Hackensack and in East Harlem; getting 97M in construction financing from Goldman Sachs?
That rise to power and wealth is admirable, slightly questionable and yet fascinating. Except, maybe a little less so to the Polished shareholders waiting for recovery or for those who have followed this story since its 1847 Goedeker (2020) days. Five years ago.
Which brings me to the next topic: Eden class action by Rosen is waiting for a decision on final amended complaint against remaining 3 defendants.
My hunch- and this has no formal basis- is that it goes poof like the stock price did.
Finally, Polished was to supply Albert with the appliances needed for the new construction units (222+209); while that wouldn't have repaid BOA- it might have helped.
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$EFSH It will go to .00000001 like $POLCQ
You are very far gone in a delusional state now. You’re down a lot of money and have lost a sense of reality. Go get help.
$EFSH This is their last chance to fleece the public markets for 23 million on those series B before they delist/file for bankruptcy. This is going to have to take some creative fraud to get the stock to jump under the current circumstances. Have they done it before? Yes, $POLCQ had a 1100% pump and dump a month before filing for bankruptcy, they’re deeply entrenched with all of the bad actors in the microcap world and the motive is noteworthy. Will Ellery have the nerve to pull off another massive pump and dump for all those warrants prior to bankruptcy? TBD
$EFSH $POLCQ Let’s see if the company can respond to these allegations — all out in the open now. I’m happy someone is holding them to account and calling out the fraudulent conduct. This will hopefully help an enforcement action and get these criminals off the street.
$EFSH Ellery is having his friends by so they can have a fake shareholder vote to reset the floor price of the warrant conversion. They needed to be shareholders by a certain date, thats why they bought and dumped. They did the same thing with $POLCQ last year.
$POLCQ just saw this from this morning. Now, maybe my Brokerage will be convinced that these shares are indeed worthless. I guess a .0001 and a Chapter 7 filing, wasn't enough proof.
