Always wondered why BZWR has such a low market price.
I hope that the only problem with Tim Li was on 6/18/2022 after the acquisition:
"On October 13, 2022, in the course of a review of the financial statements of Fluidfi Inc., d/b/a Alchemy, a wholly owned subsidiary of the Company (“FluidFi”) acquired on June 8, 2022, it was discovered that Timothy Li transferred $200,000 from the FluidFi bank account to his personal account on June 18, 2022, without authorization."
I say this because The whole deal with Alchemy seems questionable.
Alchemy's value of the deal at closing was $8.75 million.
BZWR stock has a market cap of $ 4.6 million which includes Alchemy.
IS THERE MORE TO Li's ACTIVITIES BEFORE THE ACQUISITION??
Certainly hope not.
THIS POSSIBLY MAY BE WHY THE STOCK PRICE IS SO LOW -- NEW INVESTORS MAY BE WEARY AND ARE WAITING FOR THE FINANCIALS TO SEE IF THERE IF THERE WAS ANYMORE ACTIONS BY LI BEFORE THE ACQUISITION.I DO NOT THINK SO, BUT YOU NEVER KNOW.