Bullboard - Stock Discussion Forum Fineqia International Inc. C.FNQ

Alternate Symbol(s): FNQQF

Technology

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. > Wow, MORE REVENUE!

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Post by MichaelRrrrr on Oct 15, 2024 9:08am

Wow, MORE REVENUE!

I think I'm going to faint! I haven't seen revenue in years. And now another quarter of revenue beating Q2? There may be hope on the horizon after all if this momentum truly builds and that trend, however short of a trend, continues.

On consulting fees no less. We don't even have a product yet. If we could actually do more than consult that would be great. I don't like the word consult because it means we don't do anything but advise. And can be replaced. Please get these promised products out ASAP. Where are our ETF funds which are supposed to offer yield? Where is the Glass Ventures and where is Cinderella? She went MIA two months ago.

But this is hope and I love to hear our revenue almost doubled. And they are way ahead of their own released financials. Hopefully our own consulting expenses (we pay for consultants as well) drops just as dramatically.

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Comment by CashFlowReality on Oct 15, 2024 9:14am

Agreed; cleaned up (and still cleaning) the shop. But on that note, expect the per-share-price to move on up (now)!

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Comment by MichaelRrrrr on Oct 15, 2024 9:25am

I'm actually confused looking closer. It says: " The third quarter represents the period from July to September 2024, during which the Company incurred expenses of $220,800." But our previously released financials show zero revenue ending in June of 2024 which would be Q2: Sedar Filings Ending June 2024 How can there be revenue in Q2 when those audited ...more

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Comment by CashFlowReality on Oct 15, 2024 9:53am

First QTR of revenue (dates) ... April to June; whilst that was the organizations QTR#2. Now/today, report of next QTR of revenue (dates) ... July to Sep; which is the organization's QTR#3. to me "dates" are okay. Next, as to your questioning of what these two NRs say vs what is on SEDAR (for QTR#2) ... I speculate two things (easily possible): a) typo in SEDAR report. It happens ...more

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Comment by MichaelRrrrr on Oct 15, 2024 10:16am

They would have to re-file a correction for such a typo. I see nothing in receivables anywhere close to the amount they say they received and nothing about a bad debt being written off. I don't understand.

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