First Global Data Ltd FGBDF

FGD i have no more words to describe this company

[exciting]

After all the dust was settling down slowly here is my take on the company. The last 12 months has been so awfull in term of management, accounting and business. So many contracts for so less revenu. It is not just an accounting issue in my mind but rather a doubtful way to lure investors. Doubtful just because even the insiders are caught into the game. If not it would be illegal. They are small and late to the game and on top of that very creative accounting wise the least i can say. it took them more time figuring out how much they are making than time to build up the business. Ceo has been missing in action. The guy had no clue about what's going on in the company. He is a mere salesman. Just before the accounting bad news broke out, he was saying everything was fine back then and the company is making profits quarter over quarter etc... It was so sad to hear such declarations over and over. But well we are all tied up for months and with not very bright days ahead since we still have to rely on this guy to continu running the company. He probably would continu to make announcement after announcement but revenu would continu to go nowhere. How can you believe he say from now on. Ceo has to go or the only hope we have is a buyout at a price a bit better than 0.07$ hopefully. I try to look for positive aspect from all angles and there was none. The sky is dark but you have a way out when the SEC would allow trading again. Sorry to be so rough but reality always catch you up and it hurts i know.