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foxstar1

07/16/18 1:15 PM

#2383 RE: wealthy and healthy #2382

You are correct in that my opinion of Cncg has changed. There are a number of reasons such as I believe their ETF business will be showing a rebound starting with the next quarter To me this is essential as I still view the success of Cncg to be very depended on this business and hopefully some additional income and revenues from their other businesses The company is also sitting on close to 30 cents a share in cash with no debt. Considering I was able to buy stock in the 60 and 61 range this seems very undervalued to me at this point.My understanding also is that the company has no plans to do another reverse split and is looking to increase investor awareness The company as the major shareholders have the most to gain with this. That being said I will only allocate a small portion of my portfolio in Cncg as there are still many risks associated with a small company