Video River Networks Inc (NIHK)

[Profit Trader]

I really had high hopes here because of the money he spent with buying shares.

However, the more i follow his actions (I.e., failed promises, deals falling through, unprofessional conference calls, etc.,) the more I started to worry.

As I said before, the conference call last year mentioned that he made his money in crypto. This may explain why he had that money to put into this stock.

However, easy money from crypto does not mean he is a smart businessman. It looks very clear that he believed in himself way too much. He has not executed on anything.

I’m now questioning his accounting practices. Also, his shells are very suspicious as most of the CEO’s could not be found via googling their names or they are young and inexperienced. Were these CEO announcements made to pump the stock so he can sell into volume?

The SEC is cracking down on scams, so I am done here.

If I am wrong, I will still be comfortable with my decision because the risk is too high for me.