I actually do not own any shares in the company, but am looking at the company and doing my DD. My connection is a friend who did contract work for the company and accepted shares in lieu of payment. Up till a few weeks ago, he was looking at a huge gain on those shares. He encouraged me to invest, however I am cautious. The lack of financial statements worry me. I'd also like to know how many shares are outstanding. I know that he was given his shares in lieu of cash payments. How many other people were given shares? How much has this diluted the share pool? And finally, why are they listed on a German exchange?
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