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Geez....how low can this go. Shorties tearing it up ....I guess the Conference Call wasn't a call...maybe a whisper...So why did CEO buy a M shares ? Maybe he sold on the run up ? 🤔🤔🤔🤔
Around $2,000,000 MILLION SHARES traded, so far today! SEND IT!!!
Can you buy $1 million dollars worth to jump start it back up?
$TGL I believe the 2 main Business Highlights are “Over 2.68 million registered users as of December 31, 2023.” AND
“53% of paid users transacted three or more times in the quarter ended December 31, 2023.” Repeating Revenue, almost GUARANTEED INCOME, what smart investor doesn’t like that!!!BOOM!!!
If it stays under .10 I'm seriously considering going in for about 20k..very tempting..someone stop me please
Conference Call 8:30am today. Maybe that will bump this back. Ridiculous that it's down 42% pm
And of course it sells off after hours after a pretty good earnings report. What's wrong with this picture ?
Recent Business Highlights
Over 2.68 million registered users as of December 31, 2023.
53% of paid users transacted three or more times in the quarter ended December 31, 2023.
Quarterly active users for the quarter ended December 31, 2023 were 156,979.
Paid users down by 64% year-over-year.
A total of 0.58 million transactions were transacted by our registered users in the quarter ended December 31, 2023.
Signed a memorandum of understanding between ZCITY and Malaysia’s leading healthcare group, UCSI Hospital, to pioneer stem cell healthcare tourism for Indonesia, Hong Kong and China.
Signed an agreement for Treasure Global’s Abe Yus to supply its high-selling curry puffs to the world’s largest convenience store chain.
Announced major shareholder lock-up agreement.
Unveiled premium store, paving the way for an elevated ZCITY experience and substantial growth.
Announced closing of $4.0 million public offering.
Signed agreement to retire convertible debt notes.
Hosted historic artificial intelligence (“AI”) robot for TikTok Live Commerce in Malaysia.
Entered booming global gaming market, launching 10 mini games integrated with AI Game Creator in ZCITY’s 3D World.
Launched ZCITY Live Commerce solution on Meta Platforms.
Collaborated with AIO Synergy Solutions on development of data center for AI applications.
Earnings out looks good..beat est. -0.03 ..not a bad report at all looks like they turning things around
Locked and loaded @.13 let's see where she goes
$TGL over $7,000,000 MILLION DOLLARS worth of shares have been traded so far! HERE WE GO!
Dumped from .18 to .13s in 2 minutes lol... wow
Some interesting movement today. Fins must look pretty good. $TGL
Interesting action today. Looks like a run might be starting. TGL$
Anytime they do a RS and then immediately increase the share count,you are screwed.Dilution and more dilution,means your investment is dead money.They also say your percentage and investment dollars are the same.Just for that one second the RS is done.Then they increase the share count,equals dilution.Then the share price goes down,equals your screwed.Good luck and good trading.
What about this post from last week BIG FART said and I quote-“If it goes down far enough I'll add more this is going to take off”
What makes you think there will be a cancellation?
Wait for the cancellation
They have already approved an RS and looks like they will be using the closing price today to figure out how much. So will probably announce next week.
https://www.otcmarkets.com/filing/html?id=17181441&guid=LKJ-kKMYSj77B3h
If it goes down far enough I'll add more this is going to take off
That’s a sign that that’s we are headed back to. Maybe even today
I’m in at .12 - gotta a feeling she gonna pop sometime today
Hold 'em tight ... .20 plus
And now its going parabolic in the early market! Hope you hung on yesterday.
They yank it up. then pull it down. FK these criminals
Your siggy is SO True.............lol
Z
TGL deserves a relook here
Treasure Global Inc Announces Major Shareholder Lock-up Agreement
NEW YORK and KUALA LUMPUR, Malaysia, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“TGL” or the “Company”), a leading innovative technology solutions provider, announced today the execution of a Lock-up Agreement with major shareholders, collectively holding 9,983,416 shares, which accounts for 36.40% of the Company’s outstanding shares. This strategic move underscores the Company’s unwavering commitment to stabilizing stock prices and enhancing investor confidence.
The Lock-up Agreement was endorsed by key stakeholders, including Loke Chee Wai, a director of AI Lab Martech Sdn Bhd, Lim Kok Seng, a Director of Tophill Holdings Sdn. Bhd., Wan Zainuddin Bin Wan Ibrahim, a Director of The Evolutionary Zeal Sdn Bhd, and Chong Chan “Sam” Teo, Chief Executive Officer of Treasure Global Inc, with the primary objective of fortifying long-term stock value and fostering market stability.
According to the terms of the agreement, the signatories have pledged to refrain from any disposition of common stock or securities convertible into shares of Treasure Global Inc for a duration of one year, starting from November 10, 2023. The agreement allows for certain exceptions, permitting specific transactions such as gifts, family transfers and inclusion in employee benefit plans.
“We view this Lock-up Agreement as a testament to our unwavering commitment to fostering a resilient and sustainable investment climate for our valued shareholders,” stated Chong Chan “Sam” Teo, Chief Executive Officer of Treasure Global Inc. “We are confident that this initiative, covering a substantial portion of our outstanding shares, will strengthen investor confidence and pave the way for the Company’s sustained growth and success.”
About Treasure Global Inc
Treasure Global is a Malaysian solutions provider developing innovative technology platforms. Treasure Global has developed two technology solutions: the ZCITY App, a unique digital ecosystem that transforms and simplifies the e-payment experience for consumers, while simultaneously allowing them to earn rewards; and TAZTE, a digital F&B management system providing merchants with a one-stop management and automated solution to digitalize their businesses. Treasure Global also acts as a master franchiser in Southeast Asia for popular restaurant chains, while providing them with the TAZTE solution. As of November 6, 2023, ZCITY had over 2,660,000 registered users.
For more information, please visit https://treasureglobal.co/.
Forward Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are characterized by future or conditional verbs such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate” and “continue” or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2023 and subsequent filings filed with the Securities Exchange Commission (“SEC”). Copies of these documents are available on the SEC’s website, www.sec.gov. These forward-looking statements cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
For further information, please contact:
U.S. Investor Contact
Phill Carlson
KCSA Strategic Communications
ir_us@treasuregroup.co
Malaysian Investor Contacts
ir_my@treasuregroup.co
Media Contact
Sue Chuah, Chief Marketing Officer
Treasure Global Inc
mediacontact@treasuregroup.co
https://www.globenewswire.com/newsroom/ti?nf=ODk3ODE5MSM1OTIzNTExIzIyNDc3ODg=
https://ml.globenewswire.com/media/NTM1NzI5NTUtZDhiNS00YmUwLWE5MjUtOGE5MjJmZjI5NjI3LTEyNTkzNDE=/tiny/Treasure-Global-Inc-.png
TGL..........................https://stockcharts.com/h-sc/ui?s=TGL&p=W&b=5&g=0&id=p86431144783
Got to keep up with the filings. They tell you more shares were coming. And it not Naked Shorting.
This was filed at 08:00 today, but there was another one before this.
https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=317807646&type=HTML&symbol=TGL&cdn=065a8def0757c4f4988efc3c0b9267b2&companyName=Treasure+Global+Inc.&formType=8-K%2FA&formDescription=%5BAmend%5DCurrent+report+pursuant+to+Section+13+or+15%28d%29&dateFiled=2023-10-18
Wow! What a nose bleed drop. From $.625 to $.46 in a couple of minutes. Kinda killed the momo. Guess that's the intent. I need to walk away from this market. No rules, guides or laws anymore. Always was a challenge, but now corruption beyond the pale. Massive naked shorting everywhere. Where are all the shares coming from????
Think we have a potential $1Land runner
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