RE:RE:RE:Moovly Share PriceMOOVLYIR wrote: You are indeed correct, the share price should be a lot higher especially since the company is growing at an attractive rate and is closing in on being cashflow positive on a monthly basis.
The subject seller is still depressing the stock at a loss so we're attempting to make arrangements to solve the problem. Whatever we do should take place shortly as we simply need to see the price get back to a respectable level.
Thanks for your questions as the company is always available to do so.
MOOVLYIR
Just a note to everyone relying on information from this MOOVLYIR account, especially the part being cashflow positive, this is what they said last November:
"
As for why the new model, a lot of market research and some input by a senior executive at a large technology company that knows the space well had strongly suggested we were grossly underpriced. This new model should accelerate revenue growth over the next months and coming year as the company still expects to be cashflow positive in the late stages of Q1." So they've been "closing in on being cashflow positive" for nearly a year now. Cool. And also, there's no one single seller trying to "depress the stock value". Gosh how can anyone believe that at these levels of a penny stock? Who would take the time to do such a thing for 7 pennies? And if the company actually knows about it and have a plan to do something about it like they say, it's got "investigate me" red flags all over the place lol it's just nobody is interested in this company and there's no promotion of it. That's it, plain and simple.