Logiq Inc (LGIQ)

[Welcome2Pinkyland]

when the new CEO took over this shell- the financial reports were in arrears, the business was a money loser, and there was MAGNA and Asher toxic debt on the books from the previous CEO toxic James who is inshrined in the ibox with info from 2012/13. That toxic debt was converted into shares @ a 40% discount plummeting the PPS- and yes that was while the new CEO was at the helm. However, over the course of time the new CEO has been CEO - he has gotten the finacial reports current, oversaw the elimination of the Asher and MAGNA debt- vowing to not make the same toxic mistake of the previous CEO, wound down the old business and acquired TRC. TRC is in the hot mobile app business http://createappasia.com. TRC produces $3m a year plus in net profits, giving WEYL an EPS of around .30. With an EPS of around .30 WEYL's PPS is estimated to be valued between $3 and $9. so far the PPS, since the TRC acquisition, has gone up 150% - with much more to come is my guess.