Post by
digital130 on Jul 26, 2024 2:44pm
what a ponzi
They are already recieving support as they are still in business.
The last press release stated that they will be recieiving more support in a form that we dont know about.
Buying has always matched the selling, insiders continue to collect interest payments at 5 cents.
Right tdman
Comment by
RoyallyScrewed on Jul 26, 2024 3:04pm
Perhaps you should look at their balance sheet and then post your analysis. I'd be interested in seeing your full analysis, you being an astute investor. Make sure you include how the interest to insiders is being paid.
Comment by
digital130 on Jul 26, 2024 3:11pm
Royal. ponzi scheme need to collect first. People are paying a valuation of 8 million for the technology. Nobody gives a ponzi about the balance sheet right now. Last i dont know too many ponzi who hang around a board for 4 years. Who hangs arounds a 5 cent stock and bashes. What brokerage house do you work for.
Comment by
TDMAN29 on Jul 26, 2024 3:08pm
Not a Ponzi scheme as that would imply new investors money is given to existing investors as a return on investment.. Not the case here. Money is used to cover basic operating expenses and salary. There is minimal r and d budget is minimal and they are not building product. Who has been benefittting from placements? Simple question.