Friday, May 1, 2026

Trump Boys Love Tungsten!


The Trump boys and Dominari strike again.  They plan to shift a NASDAQ company from resurfacing existing building exteriors into a rare minerals juggernaut.  And it will do so with Uncle Sam's help.

Skyline Builders Group Holding Limited (NASDAQ: SKBL) is a Cayman Islands exempted company with limited liability with its main assets focused on the construction industry in Asia. In the third quarter of 2025, a group of US investors, led by American Ventures, took control of SKBL via a significant cash injection with a goal to divest of the legacy Asian construction business and acquire assets in the critical material supply chain. SKBL seeks to become a highly strategic supplier of critical minerals and nuclear fuels and will focus on supplying customers in the United States preferentially over customers in other regions to ensure that US customers have access to the critical materials they require. In November 2025, SKBL announced that it had subscribed for an approximate 20% membership interest in an LLC involved in the critical materials supply chain. In April 2026, SKBL announced a Transaction Agreement to effect a business combination with Cove Kaz, a U.S.-backed critical minerals development company focused on advancing strategic resource projects in Kazakhstan.

American Ventures has three funds associated with Skyline Builders.  SEC filings reveal the first (American Ventures LLC, Series XIX SKBL) was for $17.5 million (9-9-25)


The second (American Ventures LLC, Series XXXII SKBL II) for $30 million (12-9-25) and the most recent (American Ventures LLC, Series XIII SKBL III) for $20 million (3-27-26).  It also has one associated with KAZ (American Ventures LLC, Series XLI Kaz) at $14.3 million (3-30-26).

Was American Ventures/Dominari on both sides of the deal prior to bringing the two companies together for fees?  If so, how private equity or Elon Musk of them. 

Dominari ran a $3 million private placement for Skybuilders on 3-30 for 2Shores American GP Corp.  The filing has no other information on who is behind 2Shores American GP Corp.  The address listed is associated with a $400,000 promissory note (at 18% interest) for Simply, Inc by Taylor Capital (1-26-2021).  As the address is a 6,000 square foot home in Fort Lauderdale there is no assurance that this is the same person or company.  Someone in South Florida got in on the deal prior to big merger announcement.

The merger press release stated:
For the Projects, the Export-Import Bank of the United States (EXIM) has issued a Letter of Interest for up to $900 million in project financing, and the U.S. International Development Finance Corporation (DFC) has issued a Letter of Interest for up to $700 million. Cove Kaz will be responsible for marketing 100% of project output and has entered into a Letter of Intent with the International Trade Administration at the U.S. Department of Commerce to prioritize U.S. Government and American commercial needs. Total development costs are estimated at approximately $1.1 billion.
The investor slide deck on the merger cites "exceptional U.S. government support."


Dad's White House is at the top of the various government agencies aiding the Dominari/American Ventures effort.

They also recently invested in a Bermuda bank, hoping to turn it into a major stablecoin player.


The Carlyle Group, a politically connected private equity underwriter (PEU), once owned a Bermuda bank, Biutterfield Bank.  Carlyle requires its affiliates to buy from other owned companies even if the price is not the best or if it received lesser quality.  It also did its own broker work and compliance reviews, so no conflicts of interest anywhere!

The Trump boys make bank on Dominari deals in similar fashion.  They have a stake in the affiliate, get a cut of the fees which magnifies the value of their Dominari equity holdings.  KAZ Resources It's a cycle, which tainted by political connection and the absurd volume of winnings, is distinctly greedy and unvirtuous.

Politicians Red & Blue love PEU and their new TechGod/CryptoBro brethren.  Increasingly, more are one and their sons shall be far richer than their fathers.  

"Dad, Dad...can we sell the tungsten using stablecoins?  Can we Dad?"