Post by
prested on Jun 02, 2023 11:09am
Penny ante only trading here
Looking at the bid/ask and recent trades it seems that one or more individuals are buying at $.02 and selling at $.025. Trading 100,000 shares would make them $2,000. Hardly a Harvard Business School model for wealth growth!
The latest Management Information Circular shows that although sales may be increasing they are not growing nearly as fast as executive compensation! If this continues the message to shareholders is clear, any gains in this company will not accrue shareholders. Like many companies in this space, they are run for the benefit of a few who are in management.