As a follow-up to
this post I kept digging. The original quitdeed for the S3 house is just as bad as its transfer to Great Homes LLC.
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This is the transfer from the original owners to Sam Hyde. Read that carefully,
to Sam Hyde; not Fishnet Inc. When a deed is transferred from grantor to grantee that indicates who the owner is -- a manager or agent acting on behalf of a company does not list themselves as the grantee, they list the company just like the deed being transferred to My Great Homes LLC in the prior post. The way I read the sequence of events is Fishtank fronts the money -> House is purchased and granted to Sam Hyde's personal assets -> Transferred to My Great Homes LLC. There is no way to see shareholders or ownership percentages in My Great Homes LLC because its a private company, but given the track record with Sam Hyde and Jet its likely Fishnet Inc isn't there as a controlling interest or shareholder, meaning Fishnet Inc assets were diverted out of the company both without informing the Wefunder investors who sank over a million into the company and without compensation since it was transferred for free or a usual loophole amount of $1.
Intent doesn't matter here, Martin Shrekeli didn't intend to scam people when he was co-mingling all of the assets of his various companies to fix investment fuckups but it still got him years in prison, in his case he actually turned a profit on all of the co-mingling but he never told investors of all of his diversions and didnt have proper shareholder stakes for these diversions.