RE:Took a dabble in it
Your $3 reflects multiple consolidations in the last 3 years....It never actually traded at that valuation on a per share basis. Today's $0.33 reflects a $0.03 prior to the last consolidation meaning that the market actually gives no value to the last personnel additions, financing or acqusitions....actually not sure if that is intellectually accurate or not. Need to consider some more.
But let's review....revolving door at top of company, repeat of "consolidate, finance, acquire, splashy announcements = sinking stock price" strategy multiple times in last 5 years....
Continue to announce money losing contracts as the catalyst to success....company's COGS has always outpaced revenue....let's not even talk about what the bottom line looks like when the overhead is throw in.
And finally....did anyone else notice how quiet this board got when EL stopped being a client of Stockhouse publishing and how it picked up when the banners went back into the rotation?
As for Fabrice....I am somewhat amazed that the OSC and AMF allow multi-tiered marketing of securities.