Replies to post #51500 on Logiq Inc (LGIQ)

[LessIsMore]

trading at less than 1X earnings...

I suggest that you continue your research, there are zero earnings to attach a P/E ratio to this stock.

In 2018 the Company reported a Net Loss of $4.1M or -14.23 cents per share.

https://www.sec.gov/Archives/edgar/data/1335112/000146970919000050/weyl10k_123118apg.htm


For the 1st quarter of 2019 the Company reported a loss of $26,854 or -.0007 per share.

https://www.sec.gov/Archives/edgar/data/1335112/000146970919000083/weyl10q_033119apg.htm


Current P/E ratio is based upon the trailing 12 month earnings divided by Basic and/or diluted common shares outstanding, WEYL does not have positive earnings to calculate a P/E ratio.

This stock is seriously overvalued at the current price.

You're welcome.