Quintis Limited (QIN)

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Before-After-Bridge slide · 60%

At present TFS does not have sufficient mature harvests to sell, and is still dependent on MIS investors for cash. At the same time, TFS is paying cash to ‘buy out’ MIS investors through the buy-back scheme and

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fraud-exposure 90%

Exposing the circular nature of financing and buybacks to inflate valuation

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Includes a quote from Bernard Madoff to frame the 'proprietary strategy' as suspicious.