Are Vaccines Bringing Krispy Kreme Back to Life?

Only on Wall Street could you see how, if your company goes bankrupt and gets delisted from the stock exchange – causing thousands of job losses – it would be rescued by Vaccines Bringing Krispy Kreme Back to Life?

That’s right.

Everyone’s favorite diabetic coma induced donut company – Krispy Kreme – has filed a preliminary prospectus with the SEC to go public AGAIN.

And without a doubt, this is a glaring example of Wall Street’s corruption at its finest.

Why?

During Krispy’s prior history as a publicly traded company, the SEC charged them with doctoring their earnings

The SEC report said they were: “fraudulently inflating or otherwise misrepresented their earnings for the fourth quarter of 2003 of it’s fiscal year.”

Ironically (or NOT) Krispy Kreme’s former CEO, COO, and CFO were fined by the SEC without admitting guilt.

So, like many other Wall Street Bankster shenanigans, this begs the question:

Why do they pay these astronomical fees if they’re not guilty?

The answer is simple.

And it’s also what enables high-level criminals in the banking industry to steal untold fortunes from the public.

All courtesy of the Wall Street/DC crime syndicate.

Bringing Krispy Kreme Back

While we’re on the subject of criminals, JP Morgan, Bank of America and Citigroup are the leading underwriters in bringing Krispy Kreme back to life.

Why do I mention them?

These same banksters have the distinction of recently being banned from participating in a huge European Union Bond Offering?

Why?

Apparently, it has something to do with their past cartel activity in Europe.

But that’s another story for another day.

So, according to the SEC filing, Krispy Kreme’s net losses have been escalating over the past three years.

1. 2018 net loss of $12.4 Million
2. 2019 net loss of $34 Million
3. 2020 net loss of $60.9 Million

Why Bring Krispy Kreme Back?

And according to KK’s website, its Reese’s Peanut Butter Doughnut contains 25 grams of fat.

Mostly TRANS FAT.

(Read Trans Fat is Double Trouble for Your Heart Health https://www.mayoclinic.org/diseases-conditions/high-blood-cholesterol/in-depth/trans-fat/art-20046114

And, NO, Trans Fat is not a racist LGBTQ comment.

The truth is, trans fat is the worst of all fats for your body.

Anyway, thanks to the government’s bribing sheeple to take experimental DNA altering drugs – using those delicious trans-fat laden obesity causing doughnuts – Krispy Kreme is being raised from the dead.

(Pun intended)

How Quickly We Forget

Instead of ensuring America’s competitiveness in the world, Krispy Kreme is a reminder that the Wall Street/DC crime syndicate is bringing to the market dubious deals similar to those that collapsed Wall Street AND the US Economy in 1929, 2000, and 2008.

So, what should you do about it?

First, don’t take the bait.

Second – and for your health’s sake – don’t eat too many donuts. Or take experimental drugs…especially if they’re being bribed by the government.

Third, instead of losing money, learn how to prosper AND thrive in Turbulent Times (HERE).

Share this with a friend…especially if they like donuts.

And tell them: We’re Not Just About Finance.

https://www.financialsmatter.com/connecting-the-dots/

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After Finishing Third in the Hammer Throw Hunter Demands a Reese’s Peanut Butter Krispy Kreme Doughnut