"But 0.0001 may be a good buy if no r/s"
Dude there are like 2 billion shares or more that can convert at .00005 and make 100% profit selling at .0001. There is no way all those can get bought up to even flip your .0001s at .0002. Not even with news of positive shareholder equity lol.
This "company" is at no bid with 8B+ shares outstanding, massive debt and a failed product. The stock is dead and at the slightest sign of life will get kicked in the head by conversions to ensure that it stays dead. There is no way for this to proceed, either in its current form or as a "new business direction" without a massive reverse split to reset the dilution clock and restore some liquidity.
I suspect we will eventually see a bankruptcy filing, then in a couple years maybe someone will buy the shell and r/s for a new scam.
Or maybe the "upcoming" (two month late) financials will tell a different tale, and SG will explain why everything is coming up roses for SEEK on the soon-to-be-scheduled conference call...
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