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Bullboard - Stock Discussion Forum 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... see more

TSX:MOGO - Post Discussion

Mogo Inc > Reverse Splits
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Post by Viking2233 on Oct 05, 2023 11:44am

Reverse Splits

Reverse splits sre always a red flag. This company has been active for 15 years. It is not a dtart up, their model clearly doesn't work.

They have yet to be profitable but claim to have 2 million members but question is how many of the 2M pay for services and generate revenue, the answer is very few.

Management loves to constantly change the model to create a new potential revenue stream in tge next hot sector. Their execution success rate is deplorable at best.

This company will continue to fie a slow death.
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