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Re: infamous post# 85900

Wednesday, 05/01/2024 3:44:38 PM

Wednesday, May 01, 2024 3:44:38 PM

Post# of 85951
I just hope you didn't put your life savings into this one. It mentioned in the 10K that half of their revenues comes from 5 clients. The 625 channel partners commentary is BS. Their thousands of customers globally is BS. The chatter is they want to be bought. However, with the number of convertibles that issued last year, they would be lucky to get .15 per share. The only reason they would have a buyer would be to have a managed services division with some large clients. They will not win any new clients as the Due Diligence by any company would not allow it. I believe that is why Mark was thinking about doing a R/S and then get listed so the institutional investors could drive the stock up enough for them to issue much fewer shares for preferable financing. I think the shareholders that are left are planning an exit strategy.