RE:RE:Maybe you just don't get itLet me explain it.
He bought the financing in December consisting of one share and one warrant for 6 cents.
Then he went on BNN and said he'd sold his Xebec that had just reported Q2 revenues of $32 million, and went on to say his new favorite was Cielo.
The same Cielo that has never reported any revenues.
Ever.
The stock went from 38 cents to a high of $1.65 in 3 days.
It was capitalized at one billion and eighty nine thousand, and the most it had reported in its history was $4,200 in revenues.
You bring in more than that, and you aren't capitalized at $1 billion plus.
It went from 38 cents to $1.65 in 3 days on 110 million shares.
He was selling at $1.20.
The company is worth less than Zero.
Do you understand?
Do you know how to read financial statements?
This company is worthless.
?
?