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Bullboard - Stock Discussion Forum Fineqia International Inc C.FNQ

Alternate Symbol(s):  FNQQF

Fineqia International Inc. is a digital asset business that builds and targets investments in early and growth stage technology companies. The Company’s portfolio of investments includes businesses at the forefront of tokenization, blockchain technology, non-fungible tokens (NFTs), artificial intelligence (AI), and financial technology (fintech). Additionally, the Company provides a platform... see more

CSE:FNQ - Post Discussion

Fineqia International Inc > MD&A was posted at Sedar Today
View:
Post by MichaelRrrrr on Aug 29, 2024 6:50pm

MD&A was posted at Sedar Today

Looks like we blew through first private placement.  Only $4,000 left in cash with nothing to show for it.  Our liabilities increased to almost $1M after blowing over $1M.  And we have no product.  We attended several meetings and I presume picking up all the restaurant tabs and flights.  And now we are asking for another $1.5 million to do more of the same.

Sedar Source

All I can say is that I'm glad I'm not in investors relations here.  I don't want to explain that.  I'd love to hear the sales pitch.  Maybe we'll get a video.  But, I don't know what the progress report is going to be about.  No Glass Slippers.  Not ETF funds.  We revenue.  Like, for real.  Zero in sales.  We blow through over $1M and have zero to show for it.  We are being librarians for free.  Free useless research.

I'm getting so annoyed with this company.  Salaries went up $140,000 though.  I guess that's to help fund our free research.  Consulting fees went up almost $300,000. I guess advice on how to raise another $1.5M?  I hope that comes with some free salesmen.
Comment by CashFlowReality on Sep 03, 2024 11:01am
A couple of personal loans... and (only) at 2% interest rate. Again, "NR" needed. ref: 06178246-00000001-00025560-FINAL_20240822_Fineqia_Inc_2024_Q2_Interim_Financial_Statements-PDF.pdf (cds.ca)
Comment by MichaelRrrrr on Sep 04, 2024 9:01am
Right now, Bundeep is charging us 5% interest on his money.  It should be 0% interest with this #$#@ he keeps serving us.  Right now, he's asking for $1.5M and we owe him over $1.6M.  We owe him???  Yes, that's how we got swindled here.  But I'm hoping he doesn't get oversubscribed again and that people ask:  Are we buying toilet paper or not?  ...more  
Comment by CashFlowReality on Sep 04, 2024 10:32am
Exactly my thoughts too. Best to phone and email him to ensure he hears and acts upon that ask. I.e. everybody must be on the same page/ship.
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