Fallout from Andrew Ryan Rafols fraud continues in 2024
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Mar 11, 2024 at 3:43pm #34187JuliaGuest
sounds like multiple lawsuits being planned trying to recover money that Rafols lied about in court and hide somewhere….
Mar 11, 2024 at 3:44pm #34188Mar 11, 2024 at 3:45pm #34189JoeGuestnuts
Andrew Ryan (formerly Ryan Rafols) totally failed ASTRALABS / Newchip Accelerator shareholders over through mismanagement.
He drove Astralabs into bankruptcy, conned small time investors, and every shareholder should be angry at him.
The latest financials filed show an astounding inability to manage risk – holding on to a huge warrant portfolio while scrambling to gin up cash in short-sighted,desperate ways. Selling future revenues, banking on being able to fundraise endlessly. He was fundraising from small investors Wefunder days out from filing a bankruptcy petition. An equity raise which would not necessarily be paid back from sale of assets.
In several of the updates he sent out, he admitted to poor hiring – he then compounded his mistakes by trying to go on a hiring spree as the company was running out of cash.
Then, after filing a hasty bankruptcy petition, he directly lied to the court, attempting to hide assets. He destroyed hundreds of millions in shareholder value through his totally inept management.
Perhaps a shareholder lawsuit against Andrew would be well founded and much deserved.
#Astralabs #Newchip #AndrewRyan #VentureCapital #venturecapitalist #bankruptcy #fraud #ConMan #sexualharassment
Paid for PR
Mar 11, 2024 at 3:47pm #34192PatrickGuestlol what happened to his profile? no longer on Google.
Mar 11, 2024 at 3:48pm #34193CarolGuestthat’s because Ryan submitted fraudulent legal complaints to Google under their “revenge p**n” guidelines trying to get the page deleted, it may or may not come back in the search results eventually but it can take months
Mar 11, 2024 at 3:49pm #34194MaryGuestMar 11, 2024 at 3:50pm #34195HelenGuestI’m surprised if lawsuits haven’t been filed against him yet tbh
Mar 11, 2024 at 3:51pm #34196JesseGuest“Some results may have been removed under data protection law in Europe. Learn more”
https://www.google.co.uk/search?q=site:hucksters.net+ryan+rafols
Mar 11, 2024 at 3:51pm #34197AndrewGuestLOL
did Ryan use the GDPR and pretend to be European?
Mar 13, 2024 at 2:20am #34227ThomasGuestdoes this thing work?
Mar 13, 2024 at 2:30am #34229RalphGuestDid you read the court docs? And I don’t think that guy Michael Cipriano is doing anything anytime soon; he went on a rampage, posting his d**k everywhere and cumming on photos of Newchip people – apparently is a drug addict and lives in his parents house after losing his job two years ago. Suffice it to say I think that Andrew was found innocent of fraud or at least he won all the claims against fraud: https://finance.yahoo.com/news/astralabs-under-andrew-ryans-leadership-134500875.html
Mar 13, 2024 at 6:11am #34235WalterGuestdid Ryan use the GDPR and pretend to be European?
Looks like it. GDPR is for E.U. residents, so probs more fraud on his part.
Mar 13, 2024 at 6:18am #34236RichardGuestwhere did you hide the money Ryan?!?!?!?
Mar 14, 2024 at 6:06pm #34490JohnGuestMe Against You(
(Guarantee you gonna lose)
I’m a tech visionary, my intelligence is scary!
Dumb investors should have been wary
All these objections I’ll parry
This fool aspiring MC will get buried!If I’m Ryan I’m lying,
I faked dying,
F*****g heart attack, should had a smart attack
Was it crack that made you so wack?
Or did every real VC break your back
Fake a*s Elon, gonna be a felon
$500 couldn’t save you, couldn’t pay your analyst or should I say anal-yst (that’s a prison joke).
Don’t pretend to croak, you motherfuckin joke
Fake woke, real f*****g broke
Go take another toke
Too bad the sec won’t let you be, no spv will distribute to thee, nor will svb withdraw thee.
You sit when you pee, gotta admit this gives me glee.
PROTIP ITS BETTER W THE LIGHTS OFF
All you’ll ever do is jerk offI AM A GOD I AM A GOD
Mar 16, 2024 at 4:23pm #34602JustinGuest -
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