nelson, no clue, except if one do their DD and validate the contracts then they might find that maybe the contract is fake.
or maybe some clue that I have raised up several times is:
everytime they get a contract they keep paying high comission (in the order of 10%) in stock and the stock is sold right afterwards (even for project that will commence years in the future and won't be completed 4-5-6 years down the road. and cxti often have to fron the money for the project and that's weird
and the most weird thing that I can point out is with the type of business they are in, it's not suppsoed to be a high margin business... their net profit margin is more than 30% (15M sales will bring 5M profit). I mentioned several times that this seems too good to be true (at the same time if it is real, then I'm happy)
AOB profit margin (especially gross profit margin) is even higher which I also wonder if it is sustainable or valid. but I got a friend who checked their product and that they are real so I'm less worried now (institution buy AOB shares but now I discounted institution DD since CXTI event)
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.