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Alias Born | 02/21/2012 |
Tuesday, July 24, 2018 11:42:33 AM
My issues really aren't with being a start up, which by the way it isn't a start up, rather my issues/concerns fall primarily into these categories.
1) Communication - the company simply doesn't keep investors informed. This applies to current status and also historical- let me give an example. Back in 2015 ZONX announced an equity purchase with Kodiak Capital - just the news we expected. But it fell through and shareholders were never updated. Kind of think this might have been important for shareholders to know - I sure think so. Here was the announcement: https://www.accesswire.com/434882/Zonzia-Media-Announces-2-Million-Equity-Purchase-Agreement-with-Kodiak-Capital-Group
2) Filings - why do they not feel compelled to keep filings current.
3) Nevada revoked business license.
I could go on and on but the bottom line is an update from the company is more than past due. Are the doors open, what is their product roadmap, what is their business focus, how are they going to fund the operation etc. Why did they issue a 14c on a reverse split option and then have it expire almost a year later - what changed. Lots of questions, few answers. All this leads to investors guessing and hoping.
My opinions as always.
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