That's what happens when you're not vigilant in scrutinizing your stock investments. CMKM wasn't serious about its audit, was lying to shareholders, and blamed their stock woes on a 'short-seller conspiracy.' Lots of lazy amateur investors got sucked in.
Then the truth comes out: it was a dodgy company that was diluting its shareholders to death.
That's why we're pushing for QBID to get its audit done and to be upfront with us shareholders. Their credibility is blown with serious investors. I need audited statements and experienced investor relations.
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