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Thursday, 12/12/2024 12:34:07 PM

Thursday, December 12, 2024 12:34:07 PM

Post# of 5758
Nothing new,happens everyday.The point is they only prosecute foreign enities or small fry.Have you ever seem a large corp or hedge fund go down.It just doesn't happen.No billionaires or large banks,unless your foreign,get dinged.This is the same in every country around the world,it's call protectionism.Nothing happens or will ever happen to the domestic companies.They know this and do whatever they want.You will see the odd fine and a slap on the wrist too say hey don't make it so obvious.In the end nobody loses their license to do business.These companies use that as an excuse for their businesses being non-profitable.GNS doesn't make money and never has.Last figure was minus $1.02 a share (-$1.02) with the split and more dilution it's probably more.The pivot to bitcoin did nothing to shore up finances in any way.It is just another bet on bitcoin going up,but also increases dilution.Bitcoin would have to reach $500,000 to break even.As an investor I see better opportuntities elsewhere.Good luck and good trading.
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