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Re: MiamiGent post# 645844

Thursday, 11/30/2023 11:36:33 AM

Thursday, November 30, 2023 11:36:33 AM

Post# of 648882
MINM Well, let's look under the hood

It's own puffery

Minim, Inc., together with its subsidiaries, designs, manufacture, and sells and Internet access products in North America and internationally. It offers hardware products, including cable modems, cable modem/routers, gateways, mobile broadband modems, wireless routers, multimedia over coax adapters, mesh home networking devices, and other local area network products. The company also provides Minim mobile applications for end users to personalize and monitor their home and office network for speed testing, data usage tracking, security alerts, malware blocking, privacy settings, and parental controls; and Minim web application that enables technical support representatives of Internet Service Providers (ISPs) and businesses to offer remote support with network insights.

So, it resells chit we can buy at Walmart and Best Buy or wholesale from Motorola

It is a failing company, reportedly down to ten employees from a questionable 100 employees.

It has negative earnings, negative cash flow and only about $250K in cash. Uncertain if that cash is after a reported $2M lifeline. In any event, it's on a fast track to BK.

It did a 1 for 25 R/S in April to regain compliance, getting the OS down to 1.9M and float to 1.1M, in the process.

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