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Wednesday, January 26, 2022 12:12:14 PM
Okay. Now let's add Square, FedEx, Amazon, TBS and ESPN to the list of companies that ABQQ is better than.
Comments and statements like these by the company don't impress potential investors. How can you tell? The only metric that means anything. The stock price. Pretty much flat as a pancake the last 5 months.
Over the last 8 years, ABQQ has a history of trying something. Failing. Moving on to the next thing. If it keeps failing, it's not the thing, it's the company. That's what any reasonable potential investor with common sense sees.
The company must be okay with the recent restatements filed too. Those did more damage than the company can possibly imagine for a whole host of reasons. Having restatements for complex transactions from an accounting perspective like convertible debt is one thing. But revenue restatements and anything related to related party transactions are both very hot topics at the SEC for a long time.
Comments and statements like these by the company don't impress potential investors. How can you tell? The only metric that means anything. The stock price. Pretty much flat as a pancake the last 5 months.
Over the last 8 years, ABQQ has a history of trying something. Failing. Moving on to the next thing. If it keeps failing, it's not the thing, it's the company. That's what any reasonable potential investor with common sense sees.
The company must be okay with the recent restatements filed too. Those did more damage than the company can possibly imagine for a whole host of reasons. Having restatements for complex transactions from an accounting perspective like convertible debt is one thing. But revenue restatements and anything related to related party transactions are both very hot topics at the SEC for a long time.
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