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      "text": "With no revenues and a depleting cash balance of US$ 113 million (~$0.50 cash/share as of 9/30/2021), we are short TMC and believe that its stock is going significantly lower.",
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      "text": "Archived PwC Monitor’s Reports; Canadian Court Records; Independent Technical Reviews; ISA public records; TMC’s SEC filings; TMC Subsidiary Annual Reports; Desktop Media Coverage",
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      "text": "exploration expenditures: $15 million",
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      "text": "On July 22, 2021, the Campaign for Accountability released a letter to SEC to investigate the DeepGreen SOAC merger because of a history of bad activity by TMC CEO Gerard Barron, DeepGreen founder David Heydon, and Scott Honour.",
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      "text": "Evidence that NORI was sold for nil to by NMI to David Heydon seriously undermines NORI-D’s supposed US$ 6.8 billion net present value.",
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      "text": "Additional findings revealed that DSMF insiders are connected with the Panama Papers and ICIJ-flagged known money laundering conspirators and an ASIC-convicted insider trading felon.",
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