Marquie Group Inc (TMGI)

[MrSparex]

Look at their 3 year chart and you can get an idea of their past dilution. You could have turned a few million dollars into a few dollars with this one. I'm not here to be mean and if you have a good reason to buy then go for it but I wanted any newbies here to know what they're getting. Below is from their filings:

"...our primary source of liquidity consisted of $-0- in cash and cash equivalents.

Since inception, we have financed our operations through a combination of short and long-term loans, and through the private placement of our common stock.

We have sustained significant net losses which have resulted in negative working capital and an accumulated deficit at February 28, 2021 of $9,398,379 and $14,813,016,
respectively, which raises doubt about our ability to continue as a going concern.

We generated a net loss for the nine months ended February 28, 2021 of $5,919,963.

We believe that our capital resources are insufficient for ongoing operations, with minimal current cash reserves,
particularly given the resources necessary to expand our multi-media entertainment business.

We will likely require considerable amounts of financing to make any significant advancement in our business strategy.

Funds raised through future equity financing will likely be substantially dilutive to current shareholders.

Lack of additional funds will materially affect our Company and our business and may cause us to substantially curtail or even cease operations.
Consequently, you could incur a loss of your entire investment in the Company."