RE:BIG BIG NEWSit seems like you are a mad shareholder of tsf and I don't blame you. I'm here from the SIXW board to discover that their new partner has also had its stock sold staggeringly down by a likely financing party to the tune of some $4 million over the last year. Same with another holding of mine, bee vectoring technology.
why they sell... It could be for a write down? To deal with leverage being called home? Vulture activities? Or worse, mountains of cheap paper hidden in the fine print?
but despite how clearly disgusting that anonymous selling is, I had a look at tracesafe's financials anyway. it doesn't seem impossible for them to have a good future. The 2021 yearend quarter was profitable. The revenue is not far below the company's entire market cap as of this posting. Bewildering for a canadian microcap in IoT.
I wonder if they can keep that momentum going.