Replies to post #2755 on Pareteum Corporation (fka TEUM)

[growtheport]

Had this one on the watchlist for about 6 months. And each time I took a closer look at the financials, I wasn't comfortable buyin in.

Seems like most of you ignored the fundamental warning signs and paid too close attention to the stock price. Also, over on Seeking Alpha, there were several negative articles based on deep financial reviews and recent covenant defaults.

Learn from this one boys. Once an experience, twice a mistake.

[WhichWayToday]

Agreed. Management must have known about this fixing the books 12 months ago. They desperately wanted to show big growth. They all need to be removed and investigated as well as those outside the company promoting it knowing the situation.

Pareteum will probably have to change its name and after the dust settles on a share price, we may soon see a reverse split of the stock. Get it back to a small float and as this stock is now below the $1, they will not be on Nasdaq much longer, maybe a couple of months if they are not halted first. If allowed to trade still a roll back keeps the price above $1. It will be more volatile but that could be a good thing if this is viable company. That's the big question isn't it. The law suits are mounting by the hour.