All that happened is the share price moved to 0.0002.. It has been bouncing from 0.00000.1 to 0.0002 for a year.
No break through as last time it hit 0.0003 was April 2023.( ? ) Will we see that tomorrow or will it bounce back down making this an uneventful event except for some who say they were able to take advantage of it. Good for them.
You said in another post that it under valued. What do you base that on? On GestureTek sales/loses/profit income statement? There is none. Eric is hiding it. He opened a new subsidiary company, GestureTek Media Corporation and 15 months later he has not released 1 financial report.
There is no CBD wine revenue, that project is dead. There is no Perfume. That project is dead. There is no business from the INEO Alliance Partnership, that was fluff. There is no business, not 1 sale from his new business plan project, ad revenue Grocery sharing project he launched over a year ago.
The cleaning, stain remover sales have dropped substantially. Check the fins. The fins show consecutive net income losses since the acquisition. Loans have increased. He announces an install about 1 every 2/3 months.. Has announced no financial funding and his Nov business plan did not happen.
He makes it clear he needs cooperation and goodwill from creditors to be able to continue his business..He projected 1 million of GestureTek sales 1st year. What were the sales? He is hiding it. Was it even $200, 150, 100?.
My opinion only. The products, GestureTek are old. Tech is old.. Metaverse he announced was a bullchit pipe dream.
He did not deliver on any of his hyped GestureTek talk & ran out of excuses after he said just wait till we get settled into our new premises over a year ago.
Lastly, financially it's a disaster. Looks like he can't afford to put out an annual report.
So why is it under valued?
