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QServus

11/06/18 3:29 PM

#17748 RE: FarahTrades #17746

are you serious ? There is a clear cut connection:

Declining price & Rising Share treasury = financial problems = red flag

upticker50

11/06/18 3:45 PM

#17752 RE: FarahTrades #17746

what price fluctuations are you talking about? This is no fluctuation, but rather a price decline all the way from 3 bucks to this oblivion. BTW share price mostly is the best way to understand a comp worth informally when you don't have much access to financials. The sp of a stock may decline temporarily due to trading actions, but will never stay depressed for months, possibly even years. I still can't wrap my head around this is why suddenly this got hyped without any possible reason. The increase in OS by 300 mils is red enough to know that somwthing is wrong with this scam. I remember they had 34 mil OS after forward split back then and that was perfect for it to start with. If a comp relies mainly and only on selling shares as its primary funding to run business is a no-touch company, plus the toxic debt amounted to further depression on the price.

The promised fluff points that you mentioned are nothing compared to what they promised to the shareholders some months ago. The lured everyone with 3 major LOIs; if any of them had closed back then or even now, the sp would have soared to over 75 cents. I remember CEO letter to the shareholders that patience for 5 months would yield rewards for everyone. With that promise, lot of folks here held on to their bags hoping this will turn around. But instead it went the other way round by duping everyone of false promises.