Even though My E-mail was Blocked yesterday, perhaps they read it 🤔
---------------------------------
The Letter
Could someone please explain how a security that has a par value of $0.001/shares sees big Block Dilution dumps @ $0.0004
The Company puts out Good news _ then beats up the Speculators ?
FINANCIAL UPDATE In the second half of 2023, Tekumo reported revenue of $2.23 million, achieving an annualized revenue run rate above $5 million in Q4. Significantly, the Company reported positive net ordinary income in Q4.
Phillip Dignan, President & CFO states, “The first quarter of 2024 continues to show impressive year-over-year growth. We have integrated a managed services division that has signed multiple contracts scheduled to begin in early Q2.”
Mr. Dignan continues, “We have also reduced our convertible debt balance by over $400K, continuing to improve our long term balance sheet.”
We encourage you to read our annual financial statements and notes for the year ended December 31, 2023, filed March 14, 2024 with OTC Markets.
One would think on Great news the Company would encourage the pps to ride up in order to dilute less shares at a higher price,and less aggressively
The Share dumping is what scares off the buyers, which keeps the pps lower, which sets the dilution machine into a negative feedback loop
Paints a negative image of the Company, No One wants to Hold their shares, which increases sell volume/pressure, which in turn competes with your need to sell shares
It is just shooting yourselves in the foot
And it just makes the company another Bad actor in the OTC, which is killing the OTC
News 
Market Data 
Discover 
AI
