if you look at the previous sanston cap raisings for xstate, (most of whom remain in xstate) they were predominantly high wealth asian individuals whom purchased very large portions of xstate. as with all deals involving a broking firm being sole corporate investor funder, sanston were the ones responsible for due diligence on the investors that they put forward to xstate. that was precisely their role.
the last cap raising by sanston in which all 4 investors failed to pay their deposit and caused the sansinena deal to collapse, they all signed binding agreements, which were extremely binding and well constructed by the xstate board, which resulted in a easy and rapid damages claim success in the WA supreme court
enforcement processes are afoot on that WA supreme court ruling in singapore
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if you look at the previous sanston cap raisings for xstate,...
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