$LLAP $LMT plausible the $1/SH “lowball” offer Mar ‘24 from @LockheedMartin to @TerranOrbital was a signal to significant investors to get out at $1.50/share (offering Sept. ‘23 orchestrated by $LMT). @RivadaNetworks pep rally April ‘24 was @Marcbell faking people out. @SECGov
$LLAP $LMT The CEOs friends from high school, and CFO employer of 20 years, Beach Point Capital, reduces the largest position (financiers) in the company by cashing out 10s millions of shares in manufactured runs based on erroneous information while investors buy in. @SECGov
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Grok-X-AI on @TerranOrbital@Marcbell
“The truth likely lies between a failed business venture and intentional deceit, pending further evidence.”
@SECGov@TheJusticeDept should have a case as to why insiders got out on fake pumps with @rivadaspace with big gains.
$LLAP - @marcbell@TerranOrbital made former executive of BeachPoint Capital the Chief Financial Officer while your Beach Point friends from high school were selling shares into the market during manipulated runs on the @rivadaspace $2.4B fakeout. @TheJusticeDept@SECGov shady?
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Tournear visited @TerranOrbital in ‘22 in Irvine celebrating SDA’s Tranche 0. This visit, with SDA’s $254M T2G to build 20 satellites shows that Tournear facilitated opportunities for TO. Now, under investigation and lawsuits for @Marcbell@SECGov@AirForceTimes
$LLAP $LMT just last year at SatExpo @Marcbell and @declanganley were on stage preparing for their fake rally to propel the $2.4B @rivadaspace OuterNet contract into utter ruins for investors? Yes. It was. Type “Declan Ganley Liar” into google. Common knowledge. @LockheedMartin
$LLAP $LMT if we believe @declanganley@LMSpace is already making the Rivada sats 6 mo. after the @Marcbell sold on investors for 75% BMV because they were bankrupt. So, Terran just needed 6 mo. cash (~$100M) to unlock $2.4B in rev. and couldn’t find it? I’ll calling BS. @SECGov
@BurtonVitale No major change other than I seem to think that the class action has a solid foundation. Prior to the closure of the first date and before this second change of dates, I wanted to remain more on point. Now I’m just more angry. Nothing has changed.
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Class Action Point 4 - Allegation
@Marcbell tells investors “we are very comfortable about our cash position” one month before the company is determined to be bankrupt and therefore sold for 75% below current market value?
@LMSpace@SECGov
$LLAP $LMT In 2022, after the market cap of @TerranOrbital decreased from $1.2B to $210M @Marcbell said, “shareholders are not happy with the stock price, but they’re happy with the future. We will be a multibillion-dollar business.”
@SECGov
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From the sounds of it @Marcbell and @TerranOrbital missed an amazing opportunity to both meet he demand of the federal government and reward shareholders. Why? Greed and ineptitude. @SECGov@SemperCitiusSDA@LMSpace
$LLAP $LMT For those watching 51,000,000 shares exercised at $2.98 on 2/23 which was the day the FAKE $2.4B @rivadaspace contract from @declanganley and @Marcbell. Someone made a lot of money. Was it BeachPoint, CEOs friends from High School? @SECGov@TheJusticeDept@SECLaw