Post by
Chianchin on Aug 10, 2023 5:33pm
The locus/aliases are out...
en mass with all kinds of excuses as I had predicted. The bottom line the marked pooped on the news. Further what the promoters/beg holders do not understand is that LATAM sadly is poor very poor with average income below $10K and cannot absorb higher prices that is why the margins are low and will remain low. Then there is inflation, currency depreciation and best of all political corruption and a lot of crime. The wind or trend or market is not in favor and the thicker tape response is clear. Gud should have never bought GBT at any price. GUD market cap before buying GBT was over 1.6 billion and cash was over 900 million. Now GUD market cap is below $500 millions, cash 100 million which is mostly washed out by 70 million in debt. It may take a lifetime or two for these losing promoter beg holder to breakeven on this investment. Mr. Meir predicted such. Increase sales must be followed by higher margin and profit and not loses. Otherwise what is the point of selling more goods and services years later