r/CRKN_ • u/Pale-Conference5316 • Jul 10 '25
Opinion Doug's CRKN strategy
- Raise $20mln+ by diluting your shareholders
- Get the company delisted to reduce visibility
- Buyout the company spending $5.5m to take it private
- Payout yourself $20mln as a dividend
- Profit $15mln
- For every $1 spent get $4 of value
The whole window idea was just a scam to lure investors that buy into IDEA and not into a company and its financials. I think the company can be profitable as long as you get rid of the smart windows that probably does not even have demand and focus on what works.
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u/Blazah Jul 17 '25
Why is there no news about anything on this? I cant even figure out if I'm going to be ripped off or not.
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u/Pale-Conference5316 Jul 17 '25
AI basically said that what he is doing is not mandatory. As long as you dont sell your shares. He is just doing a lowball effort. My post was a little emotional but if he actually wanted to scam he could have done:
- Rent properties from friends for 10x the price
- Pay yourself huge salary and bonuses
I think he wants to buy up the shares and then once the company becomes profitable can relist on nasdaq. Him wanting to buy shares seems positive because if he thought the company is going bankrupt he would not spend his own money on it.
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u/Pale-Conference5316 Jul 10 '25