This IPO, if successful, will complete rewrite the standing rules of the stock market in ways incredibly harmful to the future of American style capitalism:

1. The Separation of Economic Value and Corporate Governance creating The Multi-Class Autocracy

2. Institutionalizing the "Off-Market Vault" that can manipulate stock price at any time

3. The "Vendor-Financed" Public Offering (Circular Balance-Sheet Refinancing)

4. Monetizing Non-Cash Derivative Liabilities as "Losses" Without Cash Burn