Post by
Kensin1954 on Jan 05, 2024 1:08pm
No R/S
Liquidity is important.
More Business is vital. ( Repeat yesterdays news release 12 x this year)
R/S Is "The Kiss of Death"!
Your 1,000,000 shaes becone a 100,000. Then after a two day balancing the stock price returns to the original price. In his case $.02c CDN.
Your basically throwing all the loyal share holders under the bus.
The amount of successful R/S companies are counted on one hand and ( as already noted) are "APPLE" like with plenty of cash and a growing business. Floundering companies who need cash do R/S to re-finance.
Again the question? Who stole the $20 mil? Incompetence? Slight of Hand?
JMHO
Comment by
wearethebest on Jan 05, 2024 1:48pm
Who stole the 20 mil Marchie did if it was there in the first place .
Comment by
dmshediac on Jan 05, 2024 2:12pm
in the past everyone blamed Ryu for the underhanded stuff now your blaming MG.open your eyes
Comment by
TheRazmot on Jan 05, 2024 3:43pm
It wasnt stolen. Il was sent buying back shares, buying charging equipments (DMEV) which were later sold for a fraction of their initial cost and buying a few medical clinics! Spreading too tin, to rapidly is never a good idea for small business! Hopefully now they will focus on generating stable profits before going into new ventures!