Cuentas Inc (CUEN)

[floridagrl25]

DollarTIME ~ That update was worthless and the NXGH PPS reflected that sentiment.

Nice shareholders update this week

The PPS nosediving from .40 to .05 speaks volumes about just how "nice" it was. It was nothing more than Arik recycling his old BS again in the hopes that this time he can lure new unsuspecting investors into his games. Most traders will not be fooled again. Massive toxic debt continuing here = Massive Dilution to NXGH shareholders. Read the 10-Q for the facts and then look at the current NXGH PPS.

Net loss from operations for the six months ended June 30, 2016, was $3,749,464 compared to a loss of $279,546 for the six months ended June 30, 2015.

The Company may not have sufficient resources to fully develop any new products or expand our inventory levels unless it is able to raise additional financing. The Company can make no assurances these required funds will be available on favorable terms, if at all. If additional capital is raised through the sale of equity or convertible debt securities, the issuance of such securities would result in dilution to our existing stockholders. Additionally, these conditions may increase costs to raise capital and/or result in further dilution. The failure to raise capital when needed, will adversely affect our business, financial condition and results of operations, and could force the Company to reduce or cease operations.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11556341

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11468928