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Re: windough-shopper post# 4743

Tuesday, 05/30/2023 4:43:55 PM

Tuesday, May 30, 2023 4:43:55 PM

Post# of 4849
Looking at their Linkedin page they seem desperate to share AI "News" even if such news have nothing to do with what they do. https://www.linkedin.com/posts/omniqcorp_ai-transformation-innovation-activity-7069340967329280000-5z1i?utm_source=share&utm_medium=member_desktop

They are in a hole of $88 Million

Diminishing margins in the OCR/LPR business as the product falls into commodity level.

Their financials fail to show which business unit does what, but the only way out seems to be to take it apart and sell the parts. They may still evade liability because majority shareholders are registered outside the U.S. and hold company assets in shell companies in Cyprus
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