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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 > News
View:
Post by Viking2233 on Oct 12, 2023 11:09am

News

This company is nothing more then smoke and mirrors. It is a house of cards.

They love to generate news releases that they are participating in this conference or that conference. This is not news worthy, this is fluff.

How have they benefited in participating in these conferences over the past 5 years. They clearly have not generated any interest in the company or its share price.

Look at the facts:

1. Issued warning from Nasdaq Exchange for failing to maitain minimum share price of $1 usd

2. 3:1 Reverse split to comply with Nasdaq

3. Year todate performance negative -68%

4. One year performance negative -80%

5. Five year performance negative -91%

Now based on this performance how are the management and board members being employed or voted in. This company is not a start up. It has been operating since 1995, never been profitable and is down Negative -99% since inception.

Today the volume at time of writing is zero, no wonder why.

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