Logiq Inc (LGIQ): trading at less than 1X earnings... I...

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Logiq Inc (LGIQ)

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Re: md1225 post# 51500

Saturday, 07/27/2019 9:28:59 AM

Saturday, July 27, 2019 9:28:59 AM

trading at less than 1X earnings...

I suggest that you continue your research, there are zero earnings to attach a P/E ratio to this stock.

In 2018 the Company reported a Net Loss of $4.1M or -14.23 cents per share.

https://www.sec.gov/Archives/edgar/data/1335112/000146970919000050/weyl10k_123118apg.htm

For the 1st quarter of 2019 the Company reported a loss of $26,854 or -.0007 per share.

https://www.sec.gov/Archives/edgar/data/1335112/000146970919000083/weyl10q_033119apg.htm

Current P/E ratio is based upon the trailing 12 month earnings divided by Basic and/or diluted common shares outstanding, WEYL does not have positive earnings to calculate a P/E ratio.

This stock is seriously overvalued at the current price.

You're welcome.

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Recent LGIQ News

Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 02:43:28 AM
Form 8-K - Current report • Edgar (US Regulatory) • 01/09/2024 09:08:29 PM
Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 11/13/2023 09:30:22 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/03/2023 08:11:35 PM
Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 10/25/2023 09:04:15 PM
Form 8-K - Current report • Edgar (US Regulatory) • 10/25/2023 09:03:09 PM
Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 10/10/2023 10:48:27 AM
Form 8-K - Current report • Edgar (US Regulatory) • 10/02/2023 04:28:19 PM
Form PREM14A - Preliminary proxy statements relating to merger or acquisition • Edgar (US Regulatory) • 09/29/2023 09:20:23 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/08/2023 08:32:45 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/01/2023 05:05:22 PM
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 08:57:03 PM
Form 8-K - Current report • Edgar (US Regulatory) • 07/25/2023 01:51:06 PM

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