Post by
tebo on Feb 29, 2024 4:22pm
share price drop?
Anybody have any idea why such a large drop in share price.
Comment by
Gotime2 on Feb 29, 2024 8:17pm
Management issued millions of shares to pay for debt when the share price was 4,5 cents. For everyone who bought those shares last year this is a huge win and why would they not sell and take the profit. I think share price should continue moving up on the merits of the company, but selling on news is real when people have cheap shares
Comment by
cronic1980 on Feb 29, 2024 8:24pm
Maybe more to do with this. Cash at beginning of period 899k. Cash at end of period 368k.
Comment by
Dude51 on Feb 29, 2024 8:55pm
Increase in operating expenses could account for part of it $349,475 over year before or they went shopping for a Rolls and a Rolex, party time, lets get this party started, wa hoo, over 4 million in revenue this quarter up, up, up, up and up. So what's not to like? GL