Replies to post #5378 on Foxo Technologies Inc (FOXO)

[jay_tee]

Big V. There will be a reverse split in about 3 months (obviously a guess). This will be no bid. I'll scoop up a few when it goes no bid. I don't mind picking some up at .0001 and selling at .0003 or .0004. It will spike right before the reverse split.

[satter]

One in my humble opinion should not value a company based on their asset valuation versus their market perception. Low stock price is a reflection of significant market skepticism regarding the company's ability to overcome its substantial debt, achieve profitability, and manage its operations effectively.

While the assets may have an assigned value, the company's overall financial condition presents considerable risks to potential investors. The hospitals are likely worth a lot more. But there is a 22 million promissory note FOXO has, plus the company reported total liabilities of 37 million.


GL