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Mogo Inc T.MOGO

Alternate Symbol(s):  MOGO

Mogo Inc. is a Canada-based digital finance company. The Company provides simple digital solutions to help them in building wealth and achieve financial freedom. Its trade app, MogoTrade, offers lowest cost way to invest while making a positive impact with every investment. The Company also offers digital loans and mortgages. Through its wholly owned subsidiary, Carta Worldwide, the Company also offer a digital payments platform that powers card programs for both established global corporations and fintech companies in Europe and Canada.


TSX:MOGO - Post by User

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Post by Viking2233on Oct 29, 2024 5:47pm
135 Views
Post# 36287692

Below $1 Nasadaq threshold

Below $1 Nasadaq thresholdSo here we go again, .97 usd closing. If you recall Mogo was forced to do a 3:1 reverse split because it did comply with Nasdaq Listing Requirements.

Now we only breached the $1 minimun today but if this continues to tumble there could be another warning from Nasdaq and potential reverse split to comply.

Reverse splits seldom ever work and Mogo is real life proof.

What will it take for investors to realize that Mogo is simply smoke and mirrors. They are not a start up, they are a 15 year old company is proven track record clearly demonstrates their business model is broken and not profitable.
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