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Bullboard - Stock Discussion Forum Omni Commerce Corp. V.OMNI

Consumer Cyclical
"Omni Commerce Corp is a brand management company, which is engaged in the sale and distribution of various consumer products and fashion accessories. Its segments include Mezzi, which includes leather goods; MLine, which includes luggage and cases, and Capital Eyewear, which includes hand-made eyewear. The company is also engaged in the business of producing, developing and marketing different... see more

TSXV:OMNI - Post Discussion

Omni Commerce Corp. > no news is bad news BURN RATE OF .02 per share per quarter
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Post by bertuzzisucks on May 07, 2018 5:27pm

no news is bad news BURN RATE OF .02 per share per quarter

Somebody I know holds shares and has been communicating with KR. He was told that they have had like 3-4 purchase deals fall through now in the last 6 months. One was on Mezzi's end and the others were on their ends. The companies probably ended up doing research on the burn rates and spending and decided to pull the plugs soon. His response on the declining share price was "stock prices go up and down" that is your leader folks
Comment by ctblizzard on May 08, 2018 12:58am
They blow up because the opportunity was before everyone tried to be a crypto company. For a while there was only one on the exchange, that is why it went up. Most of the ideas out there are bs anyway.  At least with Atlas Cloud which was a few pennies then went up over a dollar, they actually plan to mine bitcoin thus just create some money from the money they have. Its better than no ...more  
Omni Commerce Corp.
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