GREY:CNONF - Post by User
Comment by
HomerAndCompanyon Mar 06, 2019 3:47pm
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Post# 29451702
RE:RE:RE:RE:RE:RE:All Promotion no Substance here....
RE:RE:RE:RE:RE:RE:All Promotion no Substance here....MrChow2009 wrote: Brand new company with a weak balance sheet, no revenue, why does it have such a high market cap. When will investors learn that when you buy spec companies that can't even work on their own cash flow, odds are you will take a hit on the stock.
I expect that the high market cap is a result of the aggresive promotion campaign.
Why did they go public so early? They say that they have customer(s)/development project(s) and that should mean some revenue that could keep them going. If they needed cash for fast expansion why do they show no interest in hiring?