Replies to post #5720 on Logiq Inc (LGIQ)

[Pink Current]

Dunno what management was thinking here, or maybe they weren't.

You have $380k+ in the bank, have started to make a profit, yet you take out a $50K CD in March and allow the previous CD holders to kill the stock.

If they cared about the stock, they would have paid off the loans plus the 12% and had a solid stock price.

All these conversions and lack of action by the company to stop them, leads me to believe the Iris merger isn't happening.

I am holding mid 7 figures of shares at an average of .0022, will ride this out since I'm not down all that much at this point.

GLTA

MS99

[e-ore]

Actually you have it backwards. STOA is to buy certain assets of IRIS using STOA shares as payment, enough shares so that IRIS would be the majority stockholder of STOA. The lower the price of STOA shares, the more shares IRIS would get. In my opinion that's the reason for the recent increase in the A/S.