Fineqia Reports So they finally reported this week on Sedar. And just like last time, one filing says they own PHUN and the other doesn't list it. So, why does one list it and the other doesn't? I don't know, so I'll go with having it as of September 30th. 31,000 shares. Which is really bad considering we sold PremFina. So I can only pray they sold the shares in the spike to $8 which comes in October. You'd think that would be significant and demand a PR by law, so I'm going to go with probably they didn't and we own a really bad choice of a business decision. Worth around $70,000. Big loss -- squandered money there.
2. Interestingly, they made another $50K investment into Nivaura.
3 Over 400,000 warrants expired worthless in October it appears, unless they somehow extended them, and in March, all the rest expire. Which is poetic justice to all the original seed capital. Now, ask yourself if you trust Bundeep? Because NOBODY should pay equal to or above what new investors get. Their trust is gone. Their backgrounds tarnished.
4. A good thing is that Bundeep provided a short-term loan facility at $500K (Canadian dollars) to the company at end of September for working capital. So, he is willing putting his blood into the game. More so than he had before. That is good. And of course they are trying to raise $4M, so if anyone wants to participate, you should make it a condition that he NOT get paid back a red cent if they draw on it until YOU make profit first. Captain should be the last one on a sinking ship. Not the first one out, like this corrupt world.
5. Nothing in there that I see about the hiring of a PR firm that actually WORKS. Anybody that gives this company money should demand that a competent PR firm is hired. One that communicates to shareholders. One that has a proven record of results Look to the mafia for references. Those people actually WORK. Give them something to work with. You can see what they do with lies. Give them truth for a change. Not that Canadian junk firm we had before. That gave interviews tha tnobody watched. represented hundreds of people and can't give attention to anyone. Hire somebody that WORKS with a single focus. Somebody that will write articles and stay active. Somebody taht can write articles on Seeking Alpha with a FOLLOWING. Quit serving up trash to shareholders!
PREMFINA being sold is a disgrace! All PREMFINA did from my view is use shareholder money from here and gave nothing back in return but losses and misery. Shareholders BEWARE.
No insider should make a dime until shareholders come FIRST.