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Re: None

Wednesday, 11/16/2022 12:29:51 PM

Wednesday, November 16, 2022 12:29:51 PM

Post# of 5584
Just a thought:


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.

LINK:
https://capedge.com/filing/1830503/0001477932-22-007922/BZWR-8K

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.
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