
Mark Cuban|Sep 20, 2025 00:27
Remember when I took as correct that there were huge 80% plus margins for the carbon credits being sold to the clippers, meta etc ?
I was wrong.
In the Sanberg transcript, he talks about the margins for what they were doing w carbon credits being “negligible or negative.” He also talks about JPMorgan valuing the CC they have at 1.6b. Which was core to the scam and getting Ballmer etc to invest. It wasn’t worth anywhere close.
But They had invested in a company Compassionate Carbon, in a JV with Eden Reforestation. They were the vendor for all of this.
And they inflated and lied about what happened after the investment.
That was jan 23. Within a year, despite them saying they were planting and growing an enormous number of trees, the JV sued them.
https://www.prnewswire.com/news-releases/aspiration-becomes-foundational-investor-in-compassionate-carbon-to-further-innovation-in-nature-based-projects-on-the-voluntary-carbon-market-301726370.html(Mark Cuban)
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