XG Technology, Inc (XGTI)

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You All Act Like This Is Something New

xG was around many years before they listed on NASDAQ. (They date back to 1999 as iDigi and 2002 as xG.) While they currently show a $178 million cumulative deficit, the first prospectus they filed in prep for listing on NASDAQ 2 years ago showed a $128 million cumulative deficit at the time. Aside from a couple "creative" filings while listed on AIM where they showed revenues of upwards of $10 million, their numbers have always looked this pathetic. Huge losses, minimal if any revenues, little working capital, and a catalog of products nobody is interested in.

These guys are pros. They'll be around a long time. Maybe not on NASDAQ (almost certainly not on NASDAQ). But they'll continue to survive in one form or another. And the broken investors they leave in their wake will continue to increase in number.

Seriously. Google these search terms: xg technology idigi sweden treco bohman military grade jamming far reach dannenberg karn xgtechnologyscam

The history is all there. All you need to do is look.