Post by
Viking2233 on Apr 17, 2024 5:56pm
Ask yourself this…
Please refer to Mogo bews release today.
Ask yourself the following as a shareholder.
1. Mogo has been operating for 15 years but still not profitable? How can that be, yet the fat cat management and directors continue to collect bug pay cheques.
2. Mogo claims to have 2 Million subscribers but how many actually pay for services, 2 million subscribers and you cannot generate enough revenue to be profitable?
3. The claim their cata worldwide processes $9.9 billion, yes that's right Billion with a "B" but bever state how much profit, obviously not enough to to make this company profitable. They love to use big numbers like $9.9 Billion and 2 million members versus dtating how much profit they generate or how many paying subscribers they have.
4. They say BS baffles many and this company is the king of fluff and smoke and mirrors.
5. They have to do a reverse 3:1 split to keep their Nasdaq listing and save face, again smoke and mirrors. They want to project a dtronger company because they were under a $1 and a true penny stock.