The dossier below from bear raiders Hindenburg is the stuff of movies. You could not make it up. It strikes me that Nasdaq listed Enochian (ENOB) is a zero as the man behind it, Serhat Gumrukcu, is a lifelong criminal now facing a possible death sentence in the US as he is charged with having a whistleblowing former associate murdered. There is a UK angle which I discuss in bearcast later, the unclear links between the CEO of Genflow Biosciences (GENF), Endochian, Dandrit Inc and Serhat. Enjoy.
Last week, I exposed how Standard Listed company, Genflow (GENF), was created by a convicted pump-and-dump fraudster, currently facing an 85-year prison sentence. He and his “known associate”, Mr Adrian Beeston, supposedly own 20% of the equity, for which they paid peanuts. That alone should trigger an FCA enquiry, but it gets worse.