Some of my notes on CXUS as of August 2019 when the stock price was at $1.23:
. Very sleazy company essentially nothing in the Income Statement and Balance Sheet
Run by two amateurs and being pumped with a Feb 2019 acquisition agreement to acquire a Hemp based company owned by the CEO personally, HempWave.
Was supposed to close July 31st but has now been delayed to at least Jan 2020 due to disagreements on valuation of company being acquired and structure of transaction
Fired Auditors in March 27th, 3 days before the end of FY, March 31st, issued an 8k a few days later....with no disagreements
then in Aug 2019 issues an amended 8K that there were actual disagreements over the valuation and structure of the Acquisition
Has been pumping the stock using the Hemp company that hasn't been acquired
Previously in 2018 issued several PR's pumping the stock on acquisitions, but it appears that those acquisitions never closed
controlled by Woman with amateur background through a Wyoming company. She is also the only Director.
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