Venzee Technologies Inc V.VENZ

we are near the private placement scam be rdy

[Cgbuddy]

they generally like 5.5 cent

[summitking]

Ya know, you keep calling this a scam.  The company has done a horrendous job managing themselves financially.  Abysmal.  They are basically out of cash with no realistic prospect of hitting year end targets.  Are you, CG, willing to bankroll a company for a couple mil that have shown they have no financial know how?   Hopefully, someone will step up for a super high risk

[summitking]

Worth pointing out at end of Q2 the company had $1.5M of cash in hand.  They were spending more than $300k/month while generating less than $5k/month in revenue.  They are four months past that so have spent roughly $1.2M meaning they have $300k left for Nov then are bankrupt.  A financing is not a scam.  If a financing or some other alt financing happens it would be an

[Cgbuddy]

 but IF someone finances these clowns they deserve to be rewarded IF it ever rebounds.  valid point i will try stay positif  but currently  i see a lot of complex litigation taking place in the canadian penny stock. speculation here : they all have the same pattern  printing zillion of share , private placement with a lot of warrant . once private placement came in i

[Midtown007]

I really don't think that this is a scam,  what I do think is it has certainley taken longer for Venzee to get this technology into the market  BUT I have attended the last few conferance calls and to me it sounds like they are close.  JUst even about a month ago John  said their still on track to meet their 2020 numbers.   Anyways I still beleive that this Companyhas

[Cgbuddy]

scam always close be carefull

[Cgbuddy]

ok why the sp stand at 0.06 if this company really have 400 connection with the fortunes 500 company ?

[Midtown007]

I think it's because not much revenue has shown up yet on the top line.  But think of it this way,  lets go back in time when cable tv first entered the market.    Lets pretend a brand new subdivision has been developed for 400 homes,   all 400 sign up to have the cable tv connected,  but it's going to take 6 months for the total amount of 400 times the