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Regtech Open pulls a fast one with a year end change, just six months after its IPO

By Tom Winnifrith | Thursday 29 February 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


It is technically insolvent, has yet to clear up the gross deception regarding the mystery 12 “investors” from its IPO and has not updated us on payments made, or rather not made, to it under a loan agreement from scampster Alessandro Zamboni. But Regtech Open Project (RTOP) has announced a year end switcheroo. Just six months after its IPO. Yet another red flag vicar?
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