Post by
ThailandRTO on Nov 30, 2020 5:08pm
Pump is allllll gone
Time for wifi to take a look at their share price. Dec this will below .10 the way these guys are running things..
Comment by
auricgold on Dec 01, 2020 1:42pm
For now its up today but compared to January when it was pumped by all the company and Canaccord brokers it was touted as the next best thing to slice bread and 55cents was CHEAP!
Comment by
ThailandRTO on Dec 02, 2020 3:07pm
Chart has completely collapsed. No trading value at all. Risk is to high to step back in. The concept was so topical and made sense. unfortunately a mismanaged company failing to exexcute. Just a steady decline to the dirt...
Comment by
auricgold on Dec 02, 2020 7:04pm
If you look at SEDAR, page 5 and 6 of MD&A and the financials, you see they burned though 7 million almost and basically promoted more the shares and the management fees instead of sales. Its crazy if you read the info that is public and available. They had 200K in cash end of September so i am sure they are doing a ton of financing that is dillutive.
Comment by
biggdeal on Dec 15, 2020 5:36pm
Agreed. More dilution coming and more management fees and debt. If this stock was to ever rally again the shorts would absolutely crush it...All I see is fork marks in this deal...
Comment by
auricgold on Dec 09, 2020 5:19pm
OUCH! What a haircut. I wonder if the brokers at Canaccord are dumping. They did the shell and going public. Cant call it a IPO since it was a recycled pump and dump shell I think.