Watching Novo Integrated Sciences; White Diamond Issues Report On Co Titled "It Appears That Novo Integrated Sciences Is Orchestrating A Scam With A Convicted Ponzi Scheme Criminal"
Portfolio Pulse from Benzinga Newsdesk
White Diamond Research has issued a report suggesting that Novo Integrated Sciences (NVOS) may be involved in a scam with a convicted Ponzi scheme criminal. The report questions NVOS's recent PR about a one billion dollar collateral transfer through Blacksheep Trust, a company chaired by John Paul Baron, who was previously imprisoned for a $3-million Ponzi scheme. White Diamond Research predicts a potential lawsuit from the SEC against NVOS.
September 29, 2023 | 12:33 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Novo Integrated Sciences may face legal and regulatory scrutiny due to allegations of involvement in a scam with a convicted Ponzi scheme criminal.
The report by White Diamond Research suggests that NVOS may be involved in a scam with a convicted Ponzi scheme criminal. This could lead to legal and regulatory scrutiny, which could negatively impact the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 100
RELEVANCE 100